NEW YORK (AP) - Stocks are closing higher on Wall Street after the U.S. raised its estimate for economic growth in the third quarter.
The Dow Jones industrial average rose 42 points, or 0.3 percent, to 16,221 Friday. It's up 3 percent for the week.
The Standard & Poor's 500 index gained
By The Associated Press
News Corp., the newspaper publisher and media company, said Friday that it acquired Storyful, a company that gathers user-generated news and video, for $25 million to help it grow its digital and video business.
Storyful, which bills itself as a "news agency of the social
By JULIE PACEAP White House Correspondent
WASHINGTON (AP) - Citing strong progress on the economy, President Barack Obama said at his annual year-end news conference Friday that 2014 "can be a breakthrough year for America" after a long season of recession and slow recovery.
Yet he suggested that
By RICARDO ALONSO-ZALDIVAR and JULIE PACEAssociated Press
WASHINGTON (AP) - His health care plan facing a dicey transition, President Barack Obama said Friday that insurance sign-ups are surging now that the government's website is working better for consumers. But it was too soon to say the
WASHINGTON (AP) - President Barack Obama singles out recent improvements in the economy and says 2014 could be a 'breakthrough year' for the United States.
Obama highlighted reports Friday that the economy grew at a 4.1 percent annual rate from July through September, higher than previously
By MARCY GORDONAP Business Writer
WASHINGTON (AP) - AT&T Inc. says it will publish reports on the number of requests for customer information it receives from law enforcement agencies, the latest move in the telecommunications industry toward fuller disclosure amid debate over government
By ANNE D'INNOCENZIOAP Retail Writer
NEW YORK (AP) - Some stores are ending the holiday shopping season the same way they began it - with round-the-clock, marathon shopping hours.
Kohl's for the first time is staying open for essentially five days straight, from 6 a.m. on Friday through 6 p
By WAYNE PARRYAssociated Press
ATLANTIC CITY, N.J. (AP) - The Atlantic Club Casino Hotel in Atlantic City says it will close on Jan. 13, reducing the number of casinos in the struggling gambling resort to 11.
It will be the first Atlantic City casino to close since the Sands shut down in 2006 to
BERLIN (AP) - German-owned discount store chain ALDI plans to invest $3 billion to open 650 new sites across the United States in the next five years.
The company said in a statement Friday that the expansion would create more than 10,000 new jobs.
ALDI says that to meet the target it will increase
ROME (AP) - Sergio Loro Piana, who helped build a six-generation, family-run textile firm into the eponymous luxury brand recently bought by French conglomerate LVMH, has died at age 65.
People close to the family said Loro Piana died Friday, just two weeks after LVMH's 2 billion euro ($2.7
SPOKANE, Wash. - Friday morning just after 10am, Spokane Police responded to an armed robbery at the US Bank on N. Lincoln.
The search for the two robbers sent Willard Elementary into lockdown, but police say no students were ever in any danger. At 11:30 Friday morning, Spokane Police called off
By Trevor MoggProvided by Here's something amusing to take you into the weekend. Called ‘cell phone crashing', it shows comedian Greg Benson sitting beside different people talking on their handsets at an airport, with Benson pretending to chat to a friend on his own phone while
By LOLITA C. BALDORAssociated Press
WASHINGTON (AP) - The Navy has not seen the end of the multimillion-dollar bribery and contracting scandal that has implicated several contractors and naval personnel, Navy Secretary Ray Mabus said Friday, warning that more disclosures are coming.