Target's 1Q profit drops 29 pct on weak sales
Anne D'innocenzio, Associated Press |
posted 4 minutes ago
Target Corp. reported a 29 percent drop in first-quarter profit as unusually cool spring weather and financial pressures chilled customers' appetite for spending.
Bernanke signals Fed to maintain stimulus efforts
Martin Crutsinger, Associated Press |
posted 15 minutes ago
Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its extraordinary stimulus programs.
Weak yen a help for Japan, but headache elsewhere
Elaine Kurtenbach, Associated Press |
posted 22 minutes ago
A steady fall in the value of the yen is proving a godsend for exporters such as Toyota. The cheaper yen is making their products more affordable overseas.
AP PHOTOS: The 10 highest-paid CEOs of 2012
The Associated Press |
posted May 22nd - 10:14am
It pays to be in TV.
Oil falls near $95 on small drop in supplies
Pablo Gorondi, Associated Press |
posted May 22nd - 9:41am
The price of oil fell near $95 a barrel Wednesday as the nation's oil supply fell less than expected and demand for gasoline remained weak.
US auto factories cutting back on summer downtime
Dee-ann Durbin, Associated Press |
posted May 22nd - 9:11am
The Detroit automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers' growing demand for new cars and trucks.
US home sales tick up to highest in 3 1/2 years
Christopher S. Rugaber, Associated Press |
posted May 22nd - 9:08am
Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale.
AAA: 31.2M drivers to take Memorial Day road trip
Scott Mayerowitz, Associated Press |
posted May 22nd - 9:07am
It's going to be another busy Memorial Day weekend on the nation's highways.
Lowe's 1Q profit rises, but results miss Street
Michelle Chapman and Mae Anderson, Associated Press |
posted May 22nd - 8:56am
Lowe's said Wednesday that its first-quarter net income rose nearly 3 percent, but results fell short of expectations as rainy weather hurt spring gardening sales.
How The AP and Equilar calculate CEO pay
The Associated Press |
posted May 22nd - 8:33am
For its annual survey of CEO pay, The Associated Press uses data provided by Equilar, an executive pay research firm.
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