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1 day ago

US business stockpiles rise in December, but sales fall

WASHINGTON (AP) — U.S. businesses boosted their stockpiles slightly in December, as sales dropped sharply. This combination has stoked anxieties about weakening economic growth, as sales over the entire year dropped for the first time since the Great Recession….

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1 day ago

US retail sales rose last month as Americans kept shopping despite lower stock prices

WASHINGTON (AP) — US retail sales rose last month as Americans kept shopping despite lower stock prices….

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1 day ago

US retail sales rise as consumers shrug off stock price drop

WASHINGTON (AP) — U.S. retail sales rose modestly in January, evidence that Americans kept shopping despite sharp drops in stock prices….

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1 day ago

UK competition authorities fine GSK $54.5 million

LONDON (AP) — Britain's competition authority has fined drugmaker GlaxoSmithKline plc 37.6 million pounds ($54.5 million) for stalling the potential entry of generic competitors of an anti-depressant drug Seroxat into the marketplace….

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1 day ago

Renault reports higher earnings as sales rise

PARIS (AP) — French car maker Renault says higher sales and further progress on its industrial turnaround plan helped drive a nearly 1 billion euro increase in its earnings last year….

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2 days ago

Mylan and Bank of America slide, TripAdvisor and Cisco climb

NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq stock market:…

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2 days ago

US stocks slide further on global economic worries

Jitters over the global economy and steep declines in bank stocks knocked U.S. stocks lower for the fourth day in a row Thursday….

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2 days ago

US stocks fall for fourth straight day

U.S. stocks fell for the fourth day in a row as concerns about global economic weakness intensified, even as Federal Reserve Chair Janet Yellen reiterated her confidence in the U.S. economy….

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2 days ago

Double the chaos: Amped-up funds flourish amid turmoil

NEW YORK (AP) — That second scoop or slice makes everything so much better. So why not double the fun investing, too?…

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2 days ago

US markets trim losses in late trading

Declines in banks and other financial companies led a broad slide in U.S. stocks Thursday afternoon, but the market recovered somewhat from even steeper losses earlier in the day. The slump reflected heightened concerns about global economic weakness, even as Federal Reserve Chair Janet Yellen reiterated her confidence in the U.S. economy. The latest slide put the stock market on track for its fourth loss in a row….