Workers represented by the United Auto Workers union approved a four-year labor contract with General Motors Co on Wednesday, the first such deal for the top U.S. automaker since its 2009 bankruptcy.
U.S. companies will spend nearly $200 billion this year on targeted media such as direct mail, text messages or product placement in video games to concentrate on narrow, valuable groups of consumers, a new study shows.
Zimbabwe is hurting investor confidence and stalling recovery by promoting a law to force the transfer of foreign-owned firms to local ownership, Prime Minister Morgan Tsvangirai said on Wednesday.
A deputy prime minister sought to empathize with Greeks facing an unpopular property tax passed by parliament as part of austerity measures, saying on Wednesday he personally did not have the cash to pay and would have to sell real estate.
A top Federal Reserve official said in his last speech on Wednesday that the U.S. dollar won't lose its status atop world currencies, and took a parting shot at the central bank's ultra easy policies.
Citigroup Inc plans to fine-tune its business as economic growth shows signs of slowing, Chief Executive Vikram Pandit said in an interview with Dow Jones, signaling that the bank is considering cost cuts.
On Monday gold concluded its biggest three-day plunge in nearly 30 years, and prices struggled Wednesday under the weight of three factors -- the absence of which would sharply boost the chance of the yellow metal to resume its climb toward $2,000 per troy ounce.
Amazon is red hot. The company's stock is surging on the same day Amazon CEO Jeff Bezos unveiled its first tablet -- the Kindle Fire -- at an event in New York.
The conference realignment rumor mill has slowed down a bit recently, but several conferences could still expand in the foreseeable future, including the SEC.
U.S. companies will spend nearly $200 billion this year on targeted media such as direct mail, text messages or product placement in video games in a major push to concentrate on narrow, valuable groups of consumers, a new study shows.
Iran's navy will send ships into the Atlantic Ocean, state-run Islamic Republic News Agency reported Tuesday. The vessels will sail out of the Persian Gulf and toward the United States' East Coast as retaliation for American ships in the Persian Gulf.
The S&P 500 and Nasdaq were little changed on Wednesday with investors cautious after a three-day rally and ahead of an audit of Greece's finances to decide whether the nation gets more aid to avoid bankruptcy.
U.S. businesses shrugged off an uncertain economic environment and stepped up orders for capital goods in August, a sign the economy was not falling back into recession.
Mexican miner Minera Frisco, owned by the world's richest man Carlos Slim, said on Tuesday it was cutting its silver and copper hedges for this year and next, citing a significant decline in metals prices.
Applications for U.S. home mortgages rose last week, reflecting a jump in demand for home loan refinancing as mortgage rates dropped, an industry group said on Wednesday.
Texas A&M is officially headed to the SEC in 2012 and despite commissioner Mike Slive's assertions the conference is content at 13 teams, it's only a matter of time before the SEC looks to round up its base to 14 or more.
Silver coins being offered by the U.S. Mint have been pulled from the shelf after a recent 26 percent drop in silver's value, in what is expected to be a pause to re-price the coins.
The speculated release of the iPhone 5 smartphone by Apple (AAPL) will likely juice the shares of AT&T's (T) by attracting hundreds of thousands of younger adult subscribers to AT&T's stable. Those extra subscribers should also help T improve its network quicker -- something the company needs to do.
EU and IMF inspectors will return to Greece on Thursday to decide whether Athens has done enough to secure a new batch of aid vital to avoid bankruptcy, while Germany suggested a new bailout may have to be renegotiated.
Stocks rose on Wednesday as investors remained cautiously optimistic about progress on a rescue deal for Greece.
European Commission President Jose Manuel Barroso urged the European Central Bank to do everything in its power to maintain financial stability in the euro zone, saying the EU faced the biggest challenge in its 50-year history.
Gold prices fell in the last week more than 10 percent, their longest such plunge since 1983, in a plunge that left the metal's reputation as safe-haven investment bruised, or worse.
Canadian explorer MDN Inc. said it found high-grade gold at its Nikonga project in Tanzania.
Stock index futures pointed to a slightly higher open on Wednesday as investors remained cautiously optimistic about progress on plans to lessen the euro zone's debt woes.
New orders for long-lasting manufactured goods slipped in August on weak demand for motor vehicles, but a rebound in a gauge of business spending supported views the economy would likely avoid another recession.
Stock index futures rose on Wednesday, indicating stocks will climb for a fourth straight session as investors remained encouraged by progress toward plans to ease the euro zone's debt woes.
Gold prices slipped modestly Wednesday after posting small overnight gains as investors sought a safe-haven for their money, traders picked up bargains and Asian buyers purchased coins, bars and jewelry.
Japanese households stayed put in gold during the market turmoil this month, in sharp contrast to a selling rush when prices surged in August, reflecting gradually spreading recognition of gold as an investment asset.
Gold rose on Wednesday, gaining from investor unease over the lack of a solution to the European debt crisis that dented other more industrial raw materials, such as crude oil and copper, ahead of further possibly weak U.S. data.
Amid the second-largest gold sell-off since 1983, the casual observer could be forgiven for thinking that investors were dumping bullion in droves.
