An afternoon recovery in U.S. stock markets helped oil reverse early losses Thursday.
Stocks mixed as investors reassess Fed worries
Steve Rothwell, Associated Press |
posted May 23rd - 12:33pm
Investors recovered their poise by midday Thursday after an early sell-off sent stocks sharply lower.
Stricken Japan nuke plant struggles to keep staff
Yuri Kageyama, Associated Press |
posted May 23rd - 12:28pm
Keeping the meltdown-stricken Fukushima nuclear plant in northeastern Japan in stable condition requires a cast of thousands. Increasingly the plant's operator is struggling to find enough workers, a trend that many expect to worsen and hamper progress in the decades-long effort to safely decommission it.
Between economy and trouble, Obama approval steady
Jim Kuhnhenn, Associated Press |
posted May 23rd - 12:25pm
The economy is recovering, the White House is dealing with multiple controversies, and President Barack Obama appears generally unaffected either way.
US rate on 30-year mortgages rises to 3.59 pct.
Marcy Gordon, Associated Press |
posted May 23rd - 11:48am
Average rates on fixed mortgages rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery.
US new home sales up 2.3 percent in April
Martin Crutsinger, Associated Press |
posted May 23rd - 10:24am
U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest the housing recovery is strengthening.
Ralph Lauren's 4Q profit rises 35 pct
Anne D'innocenzio, Associated Press |
posted May 23rd - 10:05am
Ralph Lauren Corp. reported a 35 percent increase in fourth-quarter profit as the luxury retailer benefited from lower cotton prices and cost controls.
US stock market recovers most of an early loss
The Associated Press |
posted May 23rd - 9:55am
Stock prices are slightly lower at midday on Wall Street after manufacturing contracted unexpectedly in China this month.
McDonald's can't shake criticism about nutrition
Candice Choi, Associated Press |
posted 16 minutes ago
McDonald's once again faced criticism that it's a purveyor of junk food that markets to children at its annual shareholder meeting Thursday.
Snapple co-founder Leonard Marsh dies at 80
Sarah Skidmore, Associated Press |
posted 17 minutes ago
Leonard Marsh, the co-founder of the Snapple beverage brand, has died at age 80.
Shareholder adviser firm paying $300,000 fine
Marcy Gordon, Associated Press |
posted 57 minutes ago
A prominent firm in the business of advising big shareholders on how to vote in elections for company directors is paying a $300,000 fine to settle federal civil charges of failing to protect clients' confidential voting information.
Pepper your wardrobe with 'Gatsby' glitz for less
Anne D'innocenzio, Associated Press |
posted May 23rd - 12:32pm
Baz Luhrmann's big screen adaption of "The Great Gatsby" is shining a spotlight on Roaring Twenties glam fashions, from drop-waist dresses and head scarves to crisp bow ties and spectator shoes. But you don't need a wallet the size of Jay Gatsby's to get the look.
Kerry Kennedy, farmworker protest Wendy's in NYC
Associated Press |
posted May 23rd - 12:09pm
Kerry Kennedy has joined farmworkers protesting outside Wendy's shareholder meeting in New York City.
Kerry Kennedy, farmworker protest Wendy's in NYC
Associated Press |
posted May 23rd - 11:26am
Kerry Kennedy has joined farmworkers protesting outside Wendy's shareholder meeting in New York City.
Rue21 agrees to go private in nearly $1B deal
Associated Press |
posted May 23rd - 9:58am
Clothing and accessories company Rue21 has agreed to be taken private in nearly $1 billion deal with private equity firm Apax Partners.
Markets
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