NEW YORK (AP) — Stocks are opening lower on Wall Street, putting the market on track for its first weekly loss after four weeks of gains.
The Dow Jones industrial average was down 42 points at 15,...
US new home sales up 2.3 percent in April WASHINGTON (AP) — 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 stren...
May 23, 2013 | 0 | 3 |
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MARTIN CRUTSINGER, AP Economics WriterAssociated Press
Stocks mixed as investors reassess Fed worries NEW YORK (AP) — Investors recovered their poise by midday Thursday after an early sell-off sent stocks sharply lower.
U.S. markets fell immediately after the opening bell following a global slump ...
May 23, 2013 | 0 | 3 |
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STEVE ROTHWELL, AP Markets WriterAssociated Press
Stocks fall on news Fed weighed cutting stimulus NEW YORK (AP) — Stocks are closing lower on news that several Federal Reserve policymakers favored cutting back on stimulus programs as early as June if the economy continues to improve.
The relea...
May 22, 2013 | 0 | 3 |
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BERNARD CONDON,AP Business WriterAssociated Press
Housing recovery boosts Home Depot 1Q results NEW YORK (AP) — Home Depot Inc.'s first-quarter net income rose 18 percent, thanks to the ongoing housing recovery, despite a chilly and wet spring.
Its quarterly results topped Wall Street expect...
May 21, 2013 | 0 | 3 |
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MAE ANDERSON and MICHELLE CHAPMAN,AP Business WritersAssociated Press
Stock indexes flip between gains and losses NEW YORK (AP) — Stock indexes fluctuated in midday trading Tuesday as investors tried to predict the Fed's next move.
The Dow Jones industrial average rose 32 points to 15,366 shortly before 12 Ea...
Small company stocks take the limelight NEW YORK (AP) — Small companies are taking the limelight on a choppy start to the week.
The Russell 2000, an index of small-company stocks, rose above 1,000 for the first time Monday. The index is ...
May 20, 2013 | 0 | 3 |
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STEVE ROTHWELL,AP Markets WriterAssociated Press
Jekyll breaking ground on overdue convention hotel JEKYLL ISLAND (AP) — Developers are set to start construction on a new convention hotel for Jekyll Island after long delays that largely resulted from difficulties getting a bank loan for the $41 m...
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MICHAEL LIEDTKE,AP Technology WriterAssociated Press
May 20, 2013 | 0 | 3 |
SAN FRANCISCO (AP) — Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.
The deal announced Mo...
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Shrewd Ga. businesswoman fought stereotypesAssociated Press
May 18, 2013 | 0 | 3 |
ATLANTA (AP) — As a shrewd businesswoman with keen insight and endless aspirations, Ophelia DeVore worked for much of the 20th century to smash stereotypes and empower black women by teaching them ...
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STEVE ROTHWELL,AP Market WriterAssociated Press
May 17, 2013 | 0 | 3 |
NEW YORK (AP) — Encouraging news about the U.S. economy is extending the stock market's rally.
U.S. stock indexes rose for the fourth week in a row and are at record levels.
A gauge of future econo...
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MATTHEW CRAFT,AP Business WriterAssociated Press
May 16, 2013 | 0 | 3 |
NEW YORK (AP) — Weak sales from Wal-Mart and discouraging economic reports resulted in a down day on the stock market.
The Dow Jones industrial average fell 42 points to close at 15,233 Thursday, ...
NEW YORK (AP) — Launching his namesake company's news division in the 1990s, Michael Bloomberg largely rejected long-held rules of the journalism trade that insist on keeping thick firewalls betwee...
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MATTHEW CRAFT,AP Business WriterAssociated Press
May 15, 2013 | 0 | 0 |
NEW YORK (AP) — The stock market is closing higher after shaking off a morning slump.
The Dow Jones industrial average rose 60 points to close at 15,275 Wednesday, a gain of 0.4 percent.
The Stan...
NEW YORK (AP) — The price of oil fell below $93 on Wednesday after disappointing economic reports from Europe and the U.S.
By late morning in New York, benchmark oil for June delivery was down $1....
Georgia Power Co. inked a deal with Rollcast Energy Inc. to add 53.5 megawatts of biomass capacity to its generation portfolio. Financial terms to the 20-year purchase power deal were not disclosed...