U.S. stocks closed their worst two-week slide since November with a selloff on Friday as disappointing China growth data sparked worries the global recovery was flagging.
Less than four months after new technology company SocialFlow Inc moved from the fashionable digs it shared with six other firms in Manhattan's chic Meatpacking District, it is again looking for more office space.
Stocks closed their worst two-week slide since November with a selloff on Friday as disappointing China growth data sparked worries the global recovery was flagging.
Goldman Sachs Group Inc Chief Executive Lloyd Blankfein's compensation increased 14.5 percent to $16.2 million in 2011 despite a sharp decline in profits and share price during the year, leaving the bank open to more attacks on its pay policies.
Azerbaijan plans to build the world's tallest building 3,645 feet high thanks to its vast wealth amassed from its oil revenues.
U.S. stocks fell on Friday and were on track to end a second straight week lower as concerns about the pace of global growth sparked a selloff in financial shares.
A surge in mortgage banking income helped lift Wells Fargo & Co's first-quarter profit by 13 percent, but its shares fell on concerns that the bank is falling behind on its drive to cut expenses.
Wall Street was on track to end the week lower on Friday as the rising cost of insuring Spanish debt against default increased worries about Europe's financial health, sparking a selloff in financial stocks.
An uptick in trading and dealmaking lifted JPMorgan Chase & Co's first-quarter profits out of the funk of late 2011, but the recovery fell short of the good times the largest U.S. bank enjoyed a year ago.
Consumer prices rose modestly in March amid signs a spike in gasoline costs was ebbing, but inflation still outpaced workers' earnings and threatened to undermine spending.
A surge in mortgage banking income lifted Wells Fargo & Co's first-quarter profit by 13 percent, but its shares fell on concern that the bank is falling behind on its drive to cut expenses.
Stocks fell on Friday on renewed concerns about the euro zone after the cost of insuring Spanish debt against default hit a new high.
George Zimmerman has been charged with second-degree murder in the shooting death of teenager Trayvon Martin, making his first court appearance April 12 at the Seminole County Correctional Facility in Sanford, Fla., where he is being currently being held.
Consumer sentiment slipped modestly in early April as higher gasoline prices hit household budgets but optimism over the economic outlook lifted consumers' expectations, a survey released on Friday showed.
Stocks fell Friday on disappointing Chinese economic data and renewed concerns over Spain's rising borrowing costs.
Deutsche Telekom is considering a bid for regional cable company Tele Columbus to shore up its position in its key home market against competition from rivals Liberty Global and Kabel Deutschland, sources told Reuters.
Consumer prices rose modestly in March as falling electricity costs countered higher gasoline prices, boosting the view the U.S. Federal Reserve has room to provide more support for the economy if needed.
Stock index futures fell on Friday as concerns over Spain's rising borrowing costs resurfaced and after disappointing Chinese growth data, and banks fell after quarterly results.
Stocks were set to fall at the open on Friday as concerns over Spain's rising borrowing costs resurfaced and after disappointing Chinese growth data.
U.S. consumer prices rose modestly in March as falling electricity costs countered higher gasoline prices, boosting the view the U.S. Federal Reserve has room to provide more support for the economy if needed.
Speculation that China's weakest quarter of annual economic growth since the global financial crisis will trigger a flood of policy support to fight the downturn misses a crucial point - the taps are already turned on.
Stock index futures fell on Friday as concerns over Spain's rising borrowing costs resurfaced and after disappointing Chinese growth data, and banks fell after quarterly results.
Barnes & Noble has invented a GlowLight solution for those who are addicted to bedtime reading and at the same time do not wish to disturb their sleepy spouses. As claimed by the company, NOOK Simple Touch is the world's first E Ink reader flaunting patent-pending lighting technology with a soft, adjustable glow feature -- GlowLight -- which will let the users read in the darkness, giving them just the right amount of light required for reading.
JPMorgan Chase & Co's first-quarter profit fell 3 percent as recent improvement in trading and deal-making failed to lift investment banking revenue to year-earlier levels, but results still beat Wall Street expectations.
The US-based consultancy CareerCast has listed the ten best jobs of 2012 on the basis work environment offered, stress, income levels, physical demands and job outlook.
India's Infosys Ltd disappointed investors on Friday with a weaker-than-expected revenue growth outlook due to an uncertain global economy, sending its shares plunging more than 12 percent in their biggest fall in nearly three years.
China's economy grew at its slowest in nearly three years in the first three months of 2012, with a weaker than expected reading raising investor concerns that a five-quarter long slide has not bottomed and that more policy action would be needed to halt it.
China's economy grew at its slowest in nearly three years in the first three months of 2012, with a weaker than expected reading raising investor concerns that a five-quarter long slide has not bottomed and that more policy action would be needed to halt it.
Google Inc announced a stock split designed to preserve the control of co-founders Larry Page and Sergey Brin over the world's No. 1 Web search engine, asking investors to trust their long-term vision.
Goldman Sachs agreed to pay $22 million to settle civil charges arising from company procedures that created the risk select clients would receive market-sensitive information, such as changes to Goldman's recommendation lists and its ratings of stocks.
