By COLLEEN BARRYAssociated Press
MILAN (AP) - Moncler, an Italian fashion house known for its down jackets, is launching an initial public offering this month in what Milan's main stock exchange hopes will boost its plan to become an international hub for luxury goods company listings.
NEW YORK (AP) - Stocks are falling on Wall Street as investors worry about the Federal Reserve winding down its economic stimulus program and weak consumer spending in the U.S.
The Dow Jones industrial average lost 124 points, or 0.8 percent, to 15,883 as of noon Eastern time Tuesday.
By STEPHEN OHLEMACHERAssociated Press
WASHINGTON (AP) - More troubles for the health care overhaul. Subsidies to help people buy insurance under the law may be vulnerable to fraud, a Treasury Department watchdog said Tuesday in a report suggesting that concerns about the law are far from over.
By KEN SWEETAP Markets Writer
NEW YORK (AP) - Stocks headed lower Tuesday as investors continued to worry about the Federal Reserve winding down its economic stimulus program and weak consumer spending in the U.S.
The Dow Jones industrial average lost 137 points, or 0.9 percent, to 15,871 as of 2:
By The Associated Press
The holiday weekend and an ongoing shift from cars to small SUVs boosted the auto industry in November.
Buyers took advantage of Black Friday deals, and analysts say the late-month surge likely boosted November sales above a strong month last year.
Chrysler kicked off the
NEW YORK (AP) - Stocks are opening lower on Wall Street as investors hold back ahead of economic reports that could influence when the Federal Reserve will start reducing its stimulus.
The Dow Jones industrial average fell 72 points, or 0.5 percent, to 15,937 in the first few minutes of trading
By CHRISTOPHER S. RUGABERAP Economics Writer
WASHINGTON (AP) - A measure of U.S. home prices rose only modestly in October, adding to signs that prices have stabilized after experiencing big gains earlier this year
Real estate data provider CoreLogic said Tuesday that prices increased 0.2 percent
By GEORGE JAHNAssociated Press
VIENNA (AP) - Iran hopes to use a meeting of OPEC oil ministers on Wednesday as a launch pad for its return as a dominant force in global crude markets after months of sanctions. It faces resistance, however, from regional rival Saudi Arabia.
With the 12-nation cartel
AMSTERDAM (AP) - Royal Dutch Shell PLC says it has completed building the hull of the world's largest floating facility, which has been constructed to process natural gas off the coast of western Australia.
Shell said Tuesday that the 488-meter (1,600 foot) hull of the structure, known as "
NEW YORK (AP) - U.S. stock futures are falling as investors await a raft of economic data this week to gauge when the Federal Reserve will start reducing its economic stimulus.
Dow Jones industrial futures are down 57 points to 15,941. The broader Standard & Poor's 500 futures are down 5