Yellen’s speech in New York pulls stocks out of early dive

Yellen’s speech in New York pulls stocks out of early dive

The Dow Jones industrial average and Standard & Poor’s 500 index both closed at 2016 highs Tuesday after Federal Reserve Chair Janet Yellen pulled stocks out of an early slump… Read more »

SunEdison shares tumble 55% on bankruptcy filing fears

SunEdison shares tumble 55% on bankruptcy filing fears

Shares of renewable power firm SunEdison plummeted 55% Tuesday as it teetered on the edge of bankruptcy amid slumping oil prices and swirling questions over the company’s accounting practices. SunEdison… Read more »

Yellen: Fed to move ‘cautiously’ on rate hikes

Yellen: Fed to move ‘cautiously’ on rate hikes

Federal Reserve Chair Janet Yellen said Tuesday the central bank will move cautiously as it weighs interest rate hikes in light of a weak global economy and stubbornly low inflation,… Read more »

Stocks close slightly higher; Dow, S&P up 0.1%

Stocks close slightly higher; Dow, S&P up 0.1%

Wall Street kicked off the new week with very modest gains as investors brace for a slew of economic reports, including a key jobs report Friday, that could shed fresh… Read more »

Battle over big energy infrastructure heats up

Battle over big energy infrastructure heats up

Building electric power lines across long distances and state boundaries can be a daunting task for developers, as the best-laid plans can go awry over local opposition. That was the… Read more »

Why more and more in U.S. are returning to work

Why more and more in U.S. are returning to work

Hundreds of thousands of Americans are streaming back into an improving labor market as employers raise wages and hire less skilled job candidates to cope with an intensifying worker shortage…. Read more »

Avon escapes board makeover, cuts deal with hedge fund

Avon escapes board makeover, cuts deal with hedge fund

Wilting beauty products company Avon Products said an investor group led by Barington Capital has agreed to withdraw its bid to elect two opposing candidates to the company’s board in… Read more »

Hotel battle heats up: China’s Anbang raises offer for Starwood to $13.9B

Hotel battle heats up: China’s Anbang raises offer for Starwood to $13.9B

The jockeying for Starwood Hotels & Resorts Worldwide continues. A group of investors, led by Chinese insurer Anbang, has raised its offer to buy the hotel operator to about $13.9… Read more »

Is Microsoft in the Yahoo bidding hunt?

Is Microsoft in the Yahoo bidding hunt?

Microsoft (MSFT) is in preliminary talks with private equity firms about helping finance a bid to buy embattled Internet company Yahoo (YHOO), according to media reports. Private equity executives approached… Read more »

Stock headwinds persist despite rebound from tough start

Stock headwinds persist despite rebound from tough start

A quick glance at the year-to-date performance of the Dow (+0.5%) and S&P 500 (-0.4%) camouflages what had been the worst-ever start to a year for stocks. But with Wall… Read more »

Stocks close slightly higher; Dow, S&P up 0.1%

Stocks close slightly higher; Dow, S&P up 0.1%

Wall Street kicked off the new week with very modest gains as investors brace for a slew of economic reports, including a key jobs report Friday, that could shed fresh… Read more »

Amazon Echo turns into a sleeper hit, offsetting Fire’s failure

Amazon Echo turns into a sleeper hit, offsetting Fire’s failure

The Amazon Echo is turning out to be a sleeper hit. The stand-alone, voice-activated digital assistant is on back order,  it was cited when premium speaker maker Sonos announced layoffs… Read more »

Workers, firms differ on $15 minimum wage

Workers, firms differ on $15 minimum wage

A plan to increase California’s minimum wage to $15 an hour by 2022 has opened the biggest fault lines yet between advocates of higher pay and critics who say it kills… Read more »

FBI hacks into terrorist’s iPhone without Apple

FBI hacks into terrorist’s iPhone without Apple

Although the government officially withdrew from its battle against Apple Monday, many observers sense the tech privacy war is just getting started. “This lawsuit may be over, but the Constitutional… Read more »

Consumer spending posts scant Feb. increase, personal income growth slows

Consumer spending posts scant Feb. increase, personal income growth slows

U.S. consumer spending posted a tiny gain for the third straight month in February while income growth slowed sharply. Consumer spending edged up 0.1% in February, matching similar lackluster gains… Read more »

Judge tosses lawsuits against BP over drilling ban

Judge tosses lawsuits against BP over drilling ban

In a decision that likely saves oil company BP billions of dollars, a federal district judge has dismissed hundreds of claims for losses because the government shut down deepwater drilling… Read more »

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