The CEO of Chesapeake Energy Corp. (NYSE: CHK), the second-largest U.S. natural gas producer, will give up the role of chairman after shareholders said there was a potential conflict of interest with his separate investments, the company said Tuesday.
U.S. construction spending in March barely increased over the previous month's level as government spending on infrastructure projects fell, the U.S. Commerce Department said Tuesday.
Apple (Nasdaq: AAPL), the world's most valuable technology company, issued a response to a story in the New York Times on April 29 that exposed its comprehensive strategy to minimize paying corporate taxes.
'Mad Men' brings to life a vanished world that existed just before I was born and which I admire and long for.
Time Warner Inc. (NYSE: TWX), one of the world's largest media conglomerates, is expected to have increased revenue and earnings per share in the first quarter, as viewership in its cable television division increases.
Chrysler Group LLC said Tuesday that U.S. auto sales rose by 20 percent in April, the strongest result in four years and another sign of a resurgent auto industry.
Business at U.S. manufacturers expanded in April at the fastest pace in 10 months that topped economists' expectation, according to a closely watched survey of the sector released Tuesday.
The British manufacturing sector is approaching negative growth thanks largely to a decline in exports to the troubled eurozone, according to a monthly benchmark index that gauges industrial health released Tuesday.The Markit/CIPS Purchasing Managers' Index (PMI) for the manufacturing sector fell to 50.5 in April, down from 51.9 in March. The report also showed the sharpest decline in new export orders since March 2009.
India's exports in March fell for the first time in two and a half years as demand weakened in Europe and the U.S.
Futures on major US stock indices point to a lower opening Tuesday ahead of economic data, which include ISM manufacturing index.
Japanese stock markets plunged Tuesday as weaker-than-expected US manufacturing data and news that confirmed Spain has fallen into a double-dip recession weighed on the sentiment.
The top after-market NASDAQ gainers Monday were: PLX Technology, Kona Grill, Veeco Instruments, Central European Media Enterprises, Shutterfly and ShoreTel, Inc. The top after-market NASDAQ losers were: QuinStreet, PAREXEL International Corp, Integrated Device Technology, ImmunoGen and American Superconductor Corp.
South Korean automaker Hyundai Motor will hire 877 more workers as it plans add a third shift at its main assembly plant in Montgomery, Alabama.
The share of privately-owned U.S. homes fell to a 15-year low in the first quarter as falling house prices and stringent lending conditions push younger Americans, in particular, into renting.
U.S. stocks ended the last day of April on a sour note with all three major indices posting their first monthly loss of the year, following three months of solid gains. Investors were spooked by a duo of lackluster U.S. economic reports and news that confirmed Spain has plunged into a double-dip recession.
Starwood Hotels and Resorts, operator of the Sheraton hotel chain, will open two new facilities in Iraq, 20 years after shutting down its operations there when the First Gulf War broke out.
Manufacturing activity indexes for April released Monday showed a further slowdown across the nation in a confirmation of a statistical trend seen in other data releases last week that points to weaker growth in the second quarter.
Delta Air Lines Inc. (NYSE: DAL), the second-largest U.S. commercial airline, is reportedly close to a bid for a Pennsylvania oil refinery that could mitigate high fuel costs by cutting out the middleman.
Private equity group Terra Firma Capital Partners said Monday it would buy Four Seasons Health Care, the UK's largest independent elderly healthcare provider, for 825 million pounds ($1.34 billion) to take advantage of the growing demand.
Europe's chronic financial and economic troubles threaten to reach a critical level in May as warning signals emerge from the continent's core and its southern periphery.
Americans spent their hard-earned money a bit more cautiously in March while personal income rose by the most in three months, according to government data released Monday.
Futures on major US stock indices point to a lower opening Monday ahead of economic data including core PCE price index and Chicago PMI.
The companies whose shares are moving in pre-market trade Monday are: Demand Media, Barnes & Noble, Sunoco, Mannkind Corp, Boston Scientific Corp, Vivus Inc, Range Resources Corp and Humana Inc.
Asian stock markets ended with gains on Monday as disappointing US economic activity data boosted hopes for further monetary stimulus from the Federal Reserve.
Asian stock markets advanced Monday as investors shrugged off weaker-than-expected US economic growth and focused on a string of strong corporate earnings.
Skytarx, the most prestigious brand associated with the recognition and reviews of air travel standards worldwide, has recently released the annual report of the World Airline Awards and World Airport Awards.
Gamification is the application of game mechanics like progression, prestige, competition and social feedback in non-gaming environments to change user behavior. In the pre-digital world, gamification took the form of marketing programs like frequent-flier miles, for example, but the Internet has taken gamification into more interactive and innovative areas.
Investors might be in for another week of gloomy economic news. The U.S. nonfarm payrolls report, Institute for Supply Management data, and the European Central Bank's monthly policy meeting are key items on the economic calendar from April 30 to May 4.
Markets shrugged off news of weaker-than-expected first-quarter growth in U.S. gross domestic product and responded positively, if modestly, to news of stronger-than-expected consumer confidence.
China's central bank expanded the yuan's reference rate against the dollar to another record high on Friday, in a nod to calls from the U.S. to loosen growth restrictions on the currency's value.
