Fiscal-cliff talks between the president and Hill leaders have begun: They have six weeks to avert a likely recession-inducing event.
Panic ensued after Hostess announced closure of its operations that produce popular snacks like Twinkies following a nationwide strike.
White House officials are discussing a plan to delay and diminish the so-called fiscal cliff, according to a published report.
The maker of the iconic American snack Twinkies is closing operations after 82 years.
Infosys Ltd, AcelRx Pharmaceuticals Inc, Toyota Motor Corporation, Recon Technology Ltd, Dell Inc, Deutsche Bank AG, Rio Tinto Plc and STMicroelectronics N.V are among the companies whose shares are moving in pre-market trading Friday.
U.S. stock index futures point to a flat open Friday ahead of the Federal Reserve’s Industrial Production and Capacity Utilization report.
India has ordered a probe into the alleged foreign exchange rule violations by Wal-Mart Stores Inc. in the country, according to media reports which quoted law enforcement officials.
Singapore’s economy grew at a slower rate than expected in the third quarter, indicating that the country’s economic condition continues to falter.
The top after-market NASDAQ gainers Thursday were Penn National Gaming Inc, Ameristar Casinos Inc, Celldex Therapeutics Inc and Aruba Networks Inc. The top after-market NASDAQ losers Thursday were Sears Holdings Corporation, Sina Corporation, Catamaran Corporation, Supernus Pharmaceuticals Inc and HomeAway Inc.
The top after-market NYSE gainers Thursday were Schiff Nutrition International Inc, Telefonica SA, Fidelity National Financial Inc and Atwood Oceanics Inc. The top after-market NYSE losers Thursday were Emulex Corporation, CubeSmart, Franklin Universal Trust, China New Borun Corporation and Noah Holdings Ltd.
Hostess had set a 5 p.m. EST deadline for striking union employees to return to work. That deadline has passed on Thursday and Hostess says an announcement about liquidation is expected on Friday.
Ben Bernanke went back to micro basics in a recent speech on housing.
A rebound in agricultural production following a 2011/12 drought probably buoyed Argentina’s gross domestic product in the third quarter.
Fed members are seriously considering changing their approach to announced expectations, to communicate an explicit “threshold” for inflation and unemployment.
BP agreed to plead guilty to 11 felony criminal charges and one misdemeanor charge, and to pay the fine over five years.
Spotify is introducing a beta version of its forthcoming browser-based app on Thursday, according to several reports.
More than 200 rockets have been lobbed into Israel, killing three. Dozens of strikes on Gaza killed 13. Is this the Gaza War, the sequel?
The blue diamond sold for a record breaking $1.04 million per carat in a Sotheby's action Wednesday.
A study has shown that Chinese consumers will pay up to 10 percent more for U.S. made goods.
The U.S. embargo against Cuba may be strained by that nation's discovery of a diabetes drug that may be marketed in Europe next year.
Diversification of reserve assets remains the driving force behind gold demand by central banks.
For now, India is still the largest buyer of gold by a small margin.
Toyota Motor Corporation, Deutsche Bank AG, NVIDIA Corporation, Nokia Corporation, HSBC Holdings Plc, Delhaize Group, Bank of America Corp and Safe Bulkers Inc are among the companies whose shares are moving in pre-market trading Thursday.
The U.S. stock index futures point to a higher open Thursday ahead of the Labor Department's weekly jobless claims data and the Consumer Price Index for September.
The Philippines’ industrial output rose in September compared to that in the same month last year, indicating that the country’s economic growth momentum is continuing.
The top after-market NASDAQ gainers Wednesday were Eloqua Inc, NetApp Inc, Solazyme Inc and Horizon Pharma Inc. The top after-market NASDAQ losers Wednesday were Diamond Foods Inc, Bruker Corporation, Orexigen Therapeutics Inc, PDL BioPharma Inc and VIVUS Inc.
BP Plc is expected to plead guilty to criminal misconduct in the 2010 Deepwater Horizon disaster under a plea deal with the Justice Department that could be announced as soon as Thursday, two sources familiar with discussions tell Reuters.
The top after-market NYSE gainers Wednesday were Synovus Financial Corp, McEwen Mining Inc, Trina Solar Limited and First Majestic Silver Corp. The top after-market NYSE losers Wednesday were Safe Bulkers Inc, Blackrock MuniHoldings Fund Inc, Vector Group Ltd, Heckmann Corporation and Rockwood Holdings Inc.
As storm-ravaged homeowners living on the coasts of New Jersey and New York City continue to pick up the shattered, waterlogged pieces of their lives, pumping out the basement of the world’s financial capital was only starting to be completed.
Twinkies may be able to survive an atomic bomb but it may not survive bankruptcy. Hostess has given the striking bakers an ultimatum; come back to work or Hostess will be forced to liquidate.
