Best Buy Co Inc is poised to report its third straight quarter of same-store sales declines on weak demand for televisions and entertainment software in the all-important holiday season.
Brent crude fell for a second day on Thursday, shedding as much as 0.5 percent toward $115, after the resignation of Portugal's prime minister rekindled euro-zone concerns, prompting oil traders to unwind long positions and take profits.
It was a brief, surprising, handshake between two men at opposite sides of the biggest Wall Street insider trading trial in decades.
Wireless broadband network company LightSquared has won a deal to help Best Buy Co Inc instead of looking to LightSquared to expand its access to wireless airwaves.
Toyota Motor Corp <7203.T> will slow some North American production because of supply disruptions caused by the earthquake and tsunami in Japan.
Starbucks Corp wants to make sales of its coffee and other products in the grocery aisle rival its traditional cafe business, according to Chief Executive Howard Schultz.
Yahoo Inc has revamped its Internet search service to sense queries and showcase answers from movie listings to weather forecasts, even as users are typing in a word.
U.S. stocks staged an afternoon rally Wednesday, led by materials companies, though investors continued to eye several overseas trouble spots warily.The Dow Jones Industrial Average rose 89 points, or 0.7%, to 12108 in late afternoon trade, led by Alcoa, which rose 3.3%. The gains were kept in check by a 1.5% decline for Bank of America, which said the Federal Reserve didn't allow it to boost its dividend. Wal-Mart Stores also was weak, falling 0.8%, as was DuPont, down 0.4%.
US stocks defied odds on Wednesday to close slightly positive.
Germany could be the first industrialized nation to abandon nuclear power for good.
New York Gov. Andrew Cuomo says U.S. nuclear regulators have agreed to make the Indian Point power plant their top priority as they review seismic risks in some of the nation's nuclear plants.
Sales of new homes sank to a record low in February and prices were the weakest in just over seven years, underscoring the housing market's lingering malaise, which could slow the economic recovery.
General Motors Co and Chrysler Group LLC have sued Allied Systems Holding Inc , accusing the auto hauler of holding hostage more than 2,400 new cars and trucks.
U.S. crude ended at a 2-1/2 year high on Wednesday as Palestinian rocket strikes on Israel escalated Middle East geopolitical risks and U.S. gasoline inventories posted the biggest seasonal decline on record.
General Mills Inc ,the maker of Cheerios cereal and Progresso soups, said on Wednesday it expects commodities inflation to accelerate later this year and into next.
Yahoo Incunveiled a revamped Internet search service on Wednesday that showcases information from movie listings to weather forecasts as users type in a query.
Corrects launch date to Wednesday from Thursday
Takeover prices for some emerging market telecom assets are too expensive to tempt UK mobile giant Vodafone, Vodafone's chief executive told German financial magazine Capital.
The parents of Taylor Anderson – the woman who is believed to be the first confirmed American victim of the massive earthquake/tsunami disaster in Japan – plan to help the people living in the region where Taylor died.
People.com is reporting that almost exactly 53 years ago, legendary actress Elizabeth Taylor cheated death.
Oil rose on Wednesday as unrest in the Middle East and North Africa continued to flare and as a report showed U.S. gasoline inventories fell more than expected.
Sales of new homes sank to a record low in February and prices were the weakest since December 2003, showing the housing market slide was deepening.