| Nov 21, 2013
| 11:50 AM
DETROIT The U.S. Treasury Department expects to sell all its shares of General Motors Co. stock by the end of the year, leaving taxpayers with a $10 billion loss on a $49.5 billion investment, but also with a company that saved and added tens of thousands...
| Nov 19, 2013
| 12:35 PM
Best Buy Co. Inc.'s turnaround gained speed in its August-to-October fiscal quarter, though its shares fell on a warning about competitive pressure during the holidays.
Bolstered by the introduction of several popular new electronics items and...
| Jan 25, 2013
| 2:45 PM
(AP) - The Standard & Poor's 500 index closed above 1,500 on Friday for the first time since the start of the Great Recession in 2007, lifted by strong earnings from Procter & Gamble and Starbucks.
The S&P 500 rose 8.14 points to 1,502.96. It was the...
| Sep 1, 2012
| 4:32 AM
A roundup of state and local news-review and weekly political chat shows. Descriptions provided by the broadcast outlets in most cases: Chicago Tonight: The Week in Review (WTTW-Ch. 11) Host Joel Weisman with Tom Corfman, Crain's Chicago Business;...
| Feb 24, 2012
| 3:08 PM
A two-point gain was enough to push the Standard & Poor’s 500 index to its highest level since June 2008, three months before the collapse of Lehman Brothers and the darkest days of the financial crisis.
The S&P 500 index closed at 1,365.74,...
| Mar 4, 2012
| 7:23 PM
NEW YORK (CNNMoney) -- The nationwide average for gasoline prices rose for the 26th straight day Sunday, topping the $3.76-a-gallon mark, according to the motorist group AAA.
The average price of regular unleaded gasoline climbed 0.7 cent in the latest...
| Jan 6, 2012
| 6:04 AM
US nonfarm payrolls rose by 200,000 in December, more than forecast, with the unemployment rate unexpectedly falling to 8.5 percent, the Labor Department said Friday.A survey of economists by Dow Jones Newswires expected December payrolls to rise by 155,...
| Jan 19, 2012
| 4:58 AM
NEW YORK -- Eastman Kodak, the once mighty icon of the photography industry, filed for Chapter 11 bankruptcy protection Thursday.
Kodak's (EK, Fortune 500) stock plunged 30% in premarket trading.
The company said it has obtained $950 million in...
| Apr 18, 2012
| 4:59 AM
NEW YORK -- Iconic investor Warren Buffett announced Tuesday that he has been diagnosed with stage I prostate cancer in a letter to shareholders of his firm Berkshire Hathaway.
Buffett, 81, said his "condition is not remotely life-threatening or even...
| Apr 22, 2012
| 9:39 AM
(Reuters) - Wal-Mart Stores Inc, the world's largest retailer, squelched an internal investigation into allegations of bribery at its Mexican subsidiary instead of broadening the probe, the New York Times reported on Saturday.
The Times said that in...
| Jun 6, 2012
| 1:41 PM
U.S. stocks rallied Wednesday, with the Dow and S&P 500 logging their best gains of the year, as investors grew hopeful that more stimulus for the global economy is around the corner.
"There's a lot of optimism from rumors that there will be some type of...