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Business

Stocks open lower, market headed for a weekly loss

FILE - In this Thursday, May 2, 2013, file photo, Trader John Liotti works on the floor of the New York Stock Exchange. Japanese stocks plummeted Thursday May 23, 2013 after a spike in government bond yields and unexpectedly weak Chinese manufacturing spooked investors sitting atop months of massive gains in share prices.

Stocks are opening lower on Wall Street, putting the market on track for its first weekly loss after four weeks of gains. 18 minutes ago

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Archive by category ''Business

BUSINESS

US durable goods orders rise 3.3 percent in April

U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest economic growth may be holding steady this spring.

2 hours ago
BUSINESS

Slovenia adopts debt cap to stave off crisis

Slovenia's parliament has adopted a cap on public spending to try to convince investors that it will be able to avoid needing an international bailout.

50 minutes ago
BUSINESS

Some unions now angry about health care overhaul

When President Barack Obama pushed his health care overhaul plan through Congress, he counted labor unions among his strongest supporters.

55 minutes ago
BUSINESS

France won't force companies to cap executive pay

The French government is trying to woo executives and entrepreneurs, amid concerns that it has antagonized the businesses needed to reinvigorate the economy.
BUSINESS

Futures slide; markets appear headed for down week

Stock futures are sinking and it appears major U.S. indexes are heading for a down week roiled by corporate earnings, good and bad, and confusion about what the Fed will do next.

2 hours ago
BUSINESS

Procter & Gamble brings back A.G. Lafley as CEO

Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again.
BUSINESS

Summer travel forecast: Better, but no blowout

The forecast for summer travel, 2013: Partly sunny.
BUSINESS

Taiwan cuts growth forecast on muted export demand

Taiwan has lowered its economic growth forecast for 2013 to a muted 2.4 percent as global demand for the island's electronics exports remained subdued.
BUSINESS

German business confidence unexpectedly rebounds

German business confidence rebounded this month in an unexpectedly strong showing that sends a hopeful signal for more robust growth in Europe's biggest economy, a closely watched survey found Friday.
BUSINESS

Japan's PM Abe defends policies as markets settle

Japan's top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though the central bank chief acknowledged a need for better communication with financial markets, a day after Tokyo shares suffered their worst loss since the 2011 tsunami disaster.