BUSINESS

US Jobless Claims Edged Down To 367,000 Last Week

American University student Caitlin Treanor (R) speaks with job recruiter Jon Avery during a career job fair at American University in Washington March 28, 2012.
Fewer Americans than expected filed for jobless benefits last week, calming some concerns about the jobs market recovery after a disappointing April employment report. However, many signs point to the fact that companies are still very cautious about adding workers.
Gold pellets

Gold Prices Steady In European Trading

Gold steadied in Europe on Thursday after falling to a four-month low in the previous session, as an uptick in the euro after Spain moved to clean up its banks and Europe's bailout fund approved a key payment to Greece took some pressure off prices.
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The new CUE system in the 2013 Cadillac XTS and accompanying iPad app.

2013 Cadillac XTS Will Come With Free iPad, Teaching Apps

Every new 2013 Cadillac XTS will come with an Apple Incorporated (NASDAQ: AAPL) iPad with a suite of customer education apps pre-loaded to teach new owners about the car's Cadillac User Experience (CUE), General Motors Company (NYSE: GM) announced on Wednesday.
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New Canadian $20 Bill Thought Shocking By Focus Groups

The Bank of Canada has unveiled their new $20 bill. The impossible to copy $20 polymer bank note features an updated design of Queen Elizabeth II and Canada's National Vimy Memorial and incorporates the latest in anti-counterfeiting technology. So why were focus groups appalled?
Spain, Greece Send Buyers To German, U.S. Bonds: Daily Markets Wrap

Spain, Greece Send Buyers To German, US Bonds: Daily Markets Wrap

Anti-austerity momentum in Greece continued to weigh down markets with the prospect of the country defaulting or leaving the euro. Spain?s Ibex 35 Index lost 3 percent, led by bank stocks, while its 10-year yields rose more than 6 percent over banking-sector concerns.
JP Morgan Chase

JPMorgan Chase Rolls Out Prepaid Card To Recoup Lost Fees

JPMorgan Chase & Co. (NYSE:JPM), the largest and most profitable U.S. bank, will launch a reloadable prepaid card in its 5,541 branches this summer, aiming to attract new customers and recoup fees it has lost under recent regulatory changes.
Ford Windstar minivan (model year: 1999)

Ford Recalls 27,000 Windstar Vans For Axle Problems

Ford Motor Co. (NYSE: F) is recalling 27,000 model year 1998 to 2003 Windstar vans which suffer from a problem which can cause the rear axle of the vehicle to fracture, increasing the risk of crash, a notice from the National Highway Traffic Safety Administration (NHTSA) said Wednesday.
A Macy's department store is shown in Oceanside

Macy's Beats Earnings Expectations But Still Disappoints Wall Street

Macy's, Inc. (NYSE: M), the national retailer that counts department stores brands Macy's and Bloomingdale's in its portfolio, reported earnings Wednesday that exceeded expectations, but still disappointed Wall Street, which was looking for higher guidance from the company on future earnings.
U.S. investors came back from a long holiday weekend to a flurry of big news from Spain Tuesday, as the government there is looking to stave off the imminent collapse of nationalized financier Bankia S.A. -- the country's fourth-largest bank -- with a €19

Spain To Demand That Banks Recognize More Losses

Spain stepped up efforts to save its troubled banks on Thursday with a plan to make them recognize huge losses from a property crash, but uncertainty over the final cost of a rescue hit the euro, Spanish debt and global stock markets.
Japan's Toyota Motor Corp President Akio Toyoda speaks during a joint news conference with Salesforce.com Chief Executive Officer Marc Benioff in Tokyo May 23, 2011.

Toyota Quarterly Earnings Up 500%, Shares Soar Despite Hard Fiscal 2012

Toyota Motor Corporation (NYSE: TM) reported a 30 percent drop in income for its fiscal year ended March 31, but the company is nevertheless making headway down the road to recovery from last year's earthquake in Japan and floods in Thailand as income for January-March 2012 increased by a factor of five.

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