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Archive: (9 Stories)

News summary: US homebuilder confidence steady

11/18/2013 9:51am
HOLDING STEADY: Confidence among U.S. homebuilders was unchanged this month from October, despite concerns among some builders that another fight over the federal budget could cause would-be buyers to put off home purchases.

Aberdeen to takeover Lloyds fund management unit

11/18/2013 10:51am
Shares in Aberdeen Asset Management PLC surged Monday after the company struck a deal with Lloyds Banking Group PLC that analysts say will make it Europe's biggest independent fund manager.

Court orders new review of Apple injunction

11/18/2013 11:02am
A federal appeals court is ordering a lower court to reconsider Apple's attempt to block eight Samsung phones from the U.S. market because the products violate patents held by Apple.

MF Global to pay $1.21 billion restitution

11/18/2013 11:35am
MF Global Inc. must pay back $1.21 billion to ensure customers recover their losses sustained when the brokerage firm failed in 2011.

Despite surge, many don't see a stock bubble

11/18/2013 1:20pm
Is the stock market due for a pullback?

Origins recalls face cream after some mold found

11/18/2013 4:53pm
Origins is voluntarily recalling one of its face creams after finding mold in it.

Dow hits 16,000 for first time, S&P 500 hits 1,800

11/18/2013 6:45pm
Stock market indexes are hitting new milestones on Wall Street.

Hyundai to sell hydrogen-powered SUV in 2014

11/18/2013 10:02pm
For years, the joke in the auto industry was that a mass-produced car that runs on hydrogen was always a decade away.

Honda counts on lean production for hybrid Fit

11/18/2013 11:00pm
Honda is making a big push with its new Fit subcompact to get out of being the perennial also-ran of hybrid cars to Japanese rival Toyota, the maker of the Prius.