Business News Stories
NEW YORK (AP) — Stocks are closing higher on Wall Street after the U.S. raised its estimate for economic growth in the third quarter. The Dow Jones industrial average rose 42 points, or 0.3 percent, to 16,221 Friday. It’s up … Continue reading
* SP, Dow hit record highs, Nasdaq highest since 2000 * Euro rebounds in wake of SP’s cut of EU’s AAA rating * U.S. yield spreads shrink as Fed’s taper changes rate view * Gold rises but set for biggest … Continue reading
NEW YORK (AP) — An unexpectedly strong report on U.S. economic growth pushed stocks higher Friday, capping off Wall Street’s best week in three months. The report, which showed the U.S. economy grew at a healthy 4.1 percent annual pace … Continue reading
By Angela Moon NEW YORK (Reuters) – With the U.S. Federal Reserve finally announcing it will start tapering its stimulus, removing a big uncertainty in the market, can Wall Street expect a stronger finish to the year? Not really. The … Continue reading
By Euan Rocha, Alastair Sharp and Allison Martell TORONTO (Reuters) – BlackBerry Ltd said on Friday it was entering a handset production deal that lowers the risk it will have to take more massive writedowns on unsold smartphones, and its … Continue reading
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – When the Federal Reserve first started talking about cutting its massive stimulus earlier this year, emerging-market currencies went into a tailspin. This time round, investors don’t see that happening. Throughout the summer, while … Continue reading
(Reuters) – ATT Inc (NYS:T) will join rival Verizon Communications (VZ) in disclosing details on government requests for customer data starting in 2014, after investors called on the two largest U.S. carriers to reveal more about controversial spying operations. New … Continue reading
Trying to see the structure of a galaxy from within that galaxy is a bit like trying to see your own eye color without a mirror. Despite having ultra-high-res pictures of galaxies now approaching the outsides of the known universe, … Continue reading
Anywhere you go nowadays, you see people of all ages and creeds playing Candy Crush Saga on their mobile devices. You’ll get the occasional Plants vs. Zombies 2, Temple Run, or Angry Birds holdout, but there’s no question that Candy Crush is king. Over in … Continue reading
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