NEW YORK (AP) - The stock market turned higher Tuesday as investors banked on continued policy support from the Federal Reserve. Two big retailers also topped Wall Street expectations for the most recent quarter.
The Dow Jones industrial average rose 64 points to 15,399 shortly after 1 p.m. Eastern
NANTERRE, France (AP) - The makers of a diabetes and weight loss drug suspected in the deaths of hundreds of people went on trial Tuesday, facing charges they misled the public about the product's safety.
But after years of delays in one of France's biggest recent health scandals, the
OVERLAND PARK, Kan. (AP) - Sprint says it has raised its buyout offer for the stake in Clearwire it does not already own by 14 percent.
Sprint Nextel Corp. said Tuesday that it is offering $3.40 per share for Clearwire Corp. Its previous offer, from December, was for $2.97 per share for the
By DERRIK J. LANGAP Entertainment Writer
REMOND, Wash. (AP) - Will Xbox mark the spot once again for Microsoft?
The company is set to reveal the next generation of its Xbox entertainment console during a presentation Tuesday at its headquarters in Redmond, Wash.
It's been eight years since the
NEW YORK (AP) - U.S. stock futures are down in light trading ahead of an appearance this week by Fed Chairman Ben Bernanke before Congress.
Dow Jones industrial futures slipped 4 points to 15,315. S&P futures have given up 1.1 points to 1,663.50. Nasdaq futures are up 1.75 points to 3,019.25.
By MARCY GORDONAP Business Writer
WASHINGTON (AP) - A Senate panel says Apple Inc. is avoiding paying billions of dollars in U.S. taxes, but the world's most valuable company says it is complying with the laws and pays "an extraordinary amount" in taxes to the U.S. government.
Apple Inc. CEO
LONDON (AP) - U.K.-based mobile telecoms company Vodafone has reported a 1.9 increase in annual profits despite a slowdown in much of its European operations.
It reported Tuesday net profits of 7.70 billion pounds ($11.665 billion) for the year ending March 2013 compared with 7.55 billion pounds
MINNEAPOLIS (AP) - Best Buy Co. on Tuesday reported a loss in its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.
Its adjusted earnings beat Wall Street expectations, but revenue fell short as the
LONDON (AP) - British luxury brand Burberry says that the end of a perfume licensing deal depressed its bottom line, dragging net profit down 3 percent for the year ending on March 31.
But shares in the Burberry Group PLC rose just over 1 percent to 14.83 pounds Tuesday after the company reported
By DAVID McHUGHAP Business Writer
FRANKFURT, Germany (AP) - Germany's central bank expects the country's economy to improve "markedly" in the second quarter - a development that could boost the wider eurozone as it struggles to get out of recession.
The Bundesbank said Tuesday that Europe
By DAN SEWELLAssociated Press
CINCINNATI (AP) - Tea party activists waving flags and signs, singing patriotic songs and chanting anti-IRS slogans protested outside federal buildings across the country Tuesday to protest the agency's extra scrutiny of conservative groups.
A crowd packed the
SPOKANE, Wash. – The trial of Clay Starbuck, charged with killing his ex-wife Chanin and sexually violating her remains, entered its third week Monday at the Spokane County Courthouse.
Chanin Starbuck was found strangled to death in her Deer Park home in December of 2011, and Clay
PRESS RELEASE FROM THE SPOKANE VALLEY POLICE DEPT: Spokane Valley Sheriff's Office Detective Jack Rosenthal is investigating three separate robberies that have taken place within a short time frame in Spokane Valley. On May 13th, 16th and 21st three separate businesses in Spokane Valley