By JOSHUA FREEDAP Business Writer
It's going to take more than low interest rates to fire up investors.
The Federal Reserve's latest plan to help the economy failed to impress Wall Street on Wednesday. Stocks finished slightly lower for the day, and not
By The Associated Press
-1954 - David Edgerton opens Insta Burger King in Miami, selling 18-cent fire-grilled hamburgers and 18-cent milkshakes. Three months later, Jim McLamore matches Edgerton's capital and the co-founders form a corporation called Burger King of Miami Inc
By MARK SHERMANAssociated Press
WASHINGTON (AP) - Americans overwhelmingly want the president and Congress to get to work on a new bill to change the health care system if the Supreme Court strikes down President Barack Obama's 2010 overhaul as unconstitutional, a new poll
By CANDICE CHOIAP Food Industry Writer
NEW YORK (AP) - The New York Stock Exchange is once again the home of the Whopper.
Burger King Worldwide Inc. began trading as a public company Wednesday under the ticker symbol "BKW." Its shares closed up 3.5 percent at $
By GREG KELLERAP Business Writer
PARIS (AP) - World stock markets mostly rose Wednesday ahead of the U.S. Federal Reserve's decision to extend Operation Twist, its program intended to lower long-term interest rates in a bid to boost growth and employment.
By MAE ANDERSON and MICHELLE CHAPMANAP Business Writers
NEW YORK (AP) - Procter & Gamble Co. on Wednesday lowered its fourth-quarter earnings and revenue forecasts, the latest company to sound warning bells about slowing global economic growth.
MADRID (AP) - Moody's ratings agency says it is downgrading its credit grade for Spanish telecommunications giant Telefonica, citing concern over the country's ailing economy.
Moody's says in a statement Wednesday it was cutting Telefonica S.A.'s
LOS CABOS, Mexico (AP) - Italian Premier Mario Monti has proposed using the eurozone's €440 billion ($555 billion) bailout fund to buy sovereign debt and ease pressure on Italian and Spanish borrowing rates.
Monti told a briefing at the close of the Group of
By ROBERT BARRAssociated Press
LONDON (AP) - The Bank of England's Monetary Policy Committee came within one vote of backing more monetary stimulus for the economy at its meeting earlier this month, reinforcing expectations that a fresh injection could come in July
By ELENA BECATOROS and NICHOLAS PAPHITISAssociated Press
ATHENS, Greece (AP) - Greek conservative party head Antonis Samaras was sworn in as prime minister Wednesday at the helm of a three-party coalition that will uphold the country's international bailout commitments