According to a survey released this week, oil and natural gas executives and investors think the price of natural gas will remain below $2.50 per 1,000 cubic feet for the rest of the year -- a level that is too low for the industry's growth.
Ford Motor Co. (NYSE: F), the second-largest U.S. carmaker, is expected to report Friday its first-quarter earnings plunged by 42.6 percent as gains in North America couldn't offset a slump in vehicle demand in Europe and slowing sales growth in South America and Asia.
Starbucks Corp. is expected to report a higher second quarter profit as the company's expansion efforts and growing line of products, as well as the diminishing cost of coffee, continue to add revenue sources for the company.
Stocks rose on Wednesday after Apple's blowout quarter overshadowed a drop in durable goods and further lifted optimism in an earnings season that has far outstripped expectations.
The target U.S. interest rate will remain at its current level of 0 to 0.25 percent through late 2014, the Federal Open Market Committee led by Federal Reserve chairman Ben S. Bernanke decided at a meeting Wednesday.
The Federal Reserve on Wednesday offered a modestly brighter assessment of the economy's prospects and few clues on the path of monetary policy, as it reiterated that interest rates likely will not rise until at least late 2014.
The right-wing extremist refuted a psychiatric report that found him legally insane in relation to the shooting spree and bombing attack that killed 77 people in Norway last year.
Shares of Sprint Nextel (NYSE: S), the No. 3 U.S. telecommunications company, jumped as much as 7 percent after the company reported a lower-than-expected first-quarter loss.
Royal Bank of Scotland is planning to spin off its mergers and acquisitions business to some of its top bankers, sources said, forming a new advisory boutique with anticipated investment from foreign banks without a big footprint in Europe.
The Federal Reserve on Wednesday repeated its promise to leave interest rates on hold until at least late 2014 but offered few clues into whether it might offer additional stimulus later this year.
Stocks clung to strong gains on Wednesday after the Federal Reserve repeated its promise to leave interest rates on hold until at least late 2014 while giving few clues into whether it might supply additional stimulus later this year.
Brazilian investment bank BTG Pactual raised 3.65 billion reais ($1.96 billion) in the country's largest initial public offering in more than 2 1/2 years amid strong demand, a local regulator said Tuesday.
The Federal Reserve on Wednesday repeated its promise to leave interest rates on hold until at least late 2014 but offered few clues into whether it might offer additional stimulus later this year.
Palladium prices are bouncing back from a big decline that started in February in what could be a sign of rising investor confidence in the U.S. recovery, thanks to rising auto sales, and concerns over Russian supplies.
Nearly 100 protesters affiliated with the 99 Percent populist movement disrupted General Electric Co's annual shareholders' meeting on Wednesday in an attack on the largest U.S. conglomerate's low tax rate.
Stocks advanced on Wednesday after a blowout quarter from Apple further lifted optimism in an earnings season that has far outstripped expectations.
Wal-Mart Stores Inc said on Wednesday that it named a former attorney earlier this year to oversee global compliance with a bribery law, as it deals with the fallout over alleged bribes in Mexico that recently came to light.
Italy's Eni and Russia's Rosneft announced on Wednesday a joint venture to search for oil and gas in the Russian Arctic, following a similar pact between ExxonMobil and the state-run oil firm.
Well, surely, Samsung Galaxy Tab 2 7.0 one of the cheapest tablets to run Android 4.0 Ice Cream Sandwich version. However, before getting anywhere near conclusion, one has to note that wireless communication vendors including Amazon, Apple others are creating a buzz in the industry and are anticipated to saturate the table market with their powerful line-up devices at low costs.
German sportscar maker Porsche is bracing for slower sales growth in China this year as the country's premium auto segment loses momentum amid a slowdown in economic growth.
Wall Street jumped on Wednesday after forecast-beating results from Apple cleared away a weeks-old market overhang and lifted optimism in an earnings season already far outstripping expectations.
After initial delay of Intel's processor for 2012, the company has finally launched its first breed of quad-core processor on Monday. The latest chip, codenamed as Ivy Bridge, is the world's first processors to use a 22-nanometer manufacturing process and feature Intel's Tri-Gate 3D transistor technology and will replace the company's Sandy Bridge CPUs in Apple's next-generation of Mac lineups.
If your name is legally Don Draper, not only do you have the same name as possibly the most suave ad man in fiction's history, but you could also score yourself a free hotel room at Howard Johnson. The HoJo hotel chain is using the latest episode of Mad Men, where Mr. and Mrs. Draper had a horrific experience during their stay, as a marketing ploy - and an apology - to everyone named Don Draper by giving a free one-night stay in order to boost the brand and revenue.
Caterpillar Inc. (NYSE: CAT), the largest maker of construction and mining equipment, reported a 29 percent jump in its first-quarter profit that topped analysts' estimates and boosted its full-year outlook, as U.S. builders replaced their aging machinery and demand for mining equipment boomed.
Coca-Cola Co's board of directors recommended a two-for-one stock split on Wednesday, the first split in 16 years.
Wal-Mart Stores Inc on Wednesday said the internal lawyer serving as its global compliance officer on foreign corrupt practices act issues is Tom Gean, and gave details on the external teams helping with its ongoing investigations.
The Federal Reserve resumed a two-day meeting on Wednesday that is expected to yield upward revisions to its growth forecasts but not enough for officials to take off the table the option of a further easing of monetary policy.
The United Kingdom, Europe's third-largest economy, fell into recession in the first quarter when its gross domestic product fell 0.2 percent, a contraction that followed the fourth-quarter's 0.3 percent decline.
Caterpillar Inc reported a 29 percent rise in first-quarter profit on Wednesday and beat analyst expectations as the company relied on its growing mining business and sales to buyers looking to replace aging equipment.
Demand for long-lasting manufactured goods was the weakest in three years in March and a gauge of business spending plans fell, suggesting the economy lost momentum as the first quarter drew to a close.
