ennecott Utah Copper laid off about 100 workers Thursday as a result of a massive landslide that crippled its mine last month, and intends to let more go before the end of May.
Why worry? Less aid by Fed would point to recovery
Paul Wiseman, Associated Press |
posted May 23rd - 7:09pm
Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected.
Sears reports bigger-than-expected 1Q loss
Anne D'innocenzio and Candice Choi, Associated Press |
posted May 23rd - 7:09pm
It was another ugly quarter for Sears Holdings Corp.
Gap back in style as 1Q profit jumps 43 percent
Anne D'innocenzio, Associated Press |
posted May 23rd - 4:40pm
After years of struggle, Gap is back in style.
Ralph Lauren's 4Q profit rises 35 pct
Anne D'innocenzio, Associated Press |
posted May 23rd - 4:11pm
Ralph Lauren Corp. reported a 35 percent increase in fourth-quarter profit as the luxury retailer benefited from lower cotton prices and cost controls.
Stocks edge lower as investors reassess Fed fears
Steve Rothwell, Associated Press |
posted May 23rd - 4:02pm
Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower.
Japan's PM Abe defends policies as markets settle
Associated Press |
posted 25 minutes ago
Japan's top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though the central bank chief acknowledged a need for better communication with financial markets, a day after Tokyo shares suffered their worst loss since the 2011 tsunami disaster.
Procter & Gamble brings back A.G. Lafley as CEO
Mae Anderson, Associated Press |
posted 46 minutes ago
Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again.
Procter & Gamble brings back A.G. Lafley as CEO
Mae Anderson, Associated Press |
posted May 23rd - 7:56pm
Procter & Gamble Co. is bringing back its former CEO, as the world's largest consumer-products maker tries to spur global growth.
6 tips on managing your 401(k) plan effectively
Alex Veiga, Associated Press |
posted May 23rd - 5:33pm
The run-up in stock prices this year could tempt even the most hands-off investor to wade into their 401(k) and make some changes.
Average US mortgage rates rise for 3rd week
Associated Press |
posted May 23rd - 5:22pm
Money market fund assets rose to $2.601 trillion
The Associated Press |
posted May 23rd - 4:30pm
Total U.S. money market mutual fund assets rose $19.53 billion to $2.601 trillion for the week that ended Wednesday, according to the Investment Company Institute.
Campbell buying Plum Organics baby food maker
Candice Choi, Associated Press |
posted May 23rd - 4:28pm
Campbell Soup said it's buying Plum Organics, which makes food for babies and kids, for an undisclosed amount as it looks to move into faster-growing categories.
Marathon Oil says talks end on possible stake sale
Associated Press |
posted May 23rd - 4:08pm
Marathon Oil said Thursday that talks on a potential sale of part of its stake in the Athabasca Oil Sands Project in Canada have ended.
McDonald's can't shake criticism about nutrition
Candice Choi, Associated Press |
posted May 23rd - 3:57pm
McDonald's once again faced criticism that it's a purveyor of junk food that markets to children at its annual shareholder meeting Thursday _ including some sharp remarks from a 9-year-old girl.
Summary Box: Stocks recover from an early swoon
The Associated Press |
posted May 23rd - 3:52pm
UPS AND DOWNS: Stocks plunged at the opening of trading but recovered by midday. A rout overseas and in the early going on Wall Street was set off by a slowdown in China and worries that the Federal Reserve might slow down its bond purchases. By the afternoon the U.S. market had recouped nearly all of its loss.
Markets
DJIA
15294.50
-12.67
Nasdaq
3459.42
-3.88
S&P 500
1650.51
-4.84
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