By BERNARD CONDON and MATTHEW CRAFTAP Business Writers
NEW YORK (AP) - For a few surreal minutes, a mere 12 words on Twitter caused the world's mightiest stock market to tremble.
No sooner did hackers send a false Associated Press tweet reporting explosions at the White House on Tuesday than
By The Associated Press
NEW YORK (AP) - Oil was headed for its biggest gain in nearly a month as oil supplies rose less than expected in the U.S. and speculation built that the European Central Bank will cut interest rates.
Benchmark oil for June delivery rose $1.94 to $91.12 a barrel in Wednesday
PARIS (AP) - Renault says that sales of its cars slumped 12.6 percent in the first quarter as Europe's sliding economies hit automakers across the continent.
The French car maker says it made 7.74 billion euros ($10.1 billion) in sales from its auto making operations in the January-March period
By DAVID McHUGHAP Business Writer
FRANKFURT, Germany (AP) - Europe's stubborn recession cut deeply into profits at major automakers Ford, Volkswagen and Daimler, first-quarter results showed Wednesday as the industry began reporting earnings.
Germany's Volkswagen AG said its first-quarter
NEW YORK (AP) - Sprint and T-Mobile are delaying shipments of Samsung's latest flagship phone, citing inventory issues.
The delays in the Galaxy S4 appear to be the result of supply disruptions from Samsung, rather than heavier-than-expected demand. In statements Wednesday, T-Mobile said the
By PETER SVENSSONAP Technology Writer
NEW YORK (AP) - Shareholders of MetroPCS Communications Inc., the country's fifth-largest cellphone carrier, have approved the company's takeover by No. 4 T-Mobile USA, a spokesman said Wednesday.
Approval was expected after T-Mobile sweetened its bid
By STEVE ROTHWELLAP Markets Writer
NEW YORK (AP) - Weak earnings forecasts from Procter & Gamble and AT&T held the Dow Jones industrial average back on Wednesday.
P&G, the world's largest consumer goods maker, fell 4.8 percent to $78.03 after the maker of Tide detergent and Gillette
By HYUNG-JIN KIMAssociated Press
SEOUL, South Korea (AP) - South Korea on Thursday warned of an unspecified "grave measure" if North Korea rejects a call for talks on a jointly run factory park that has been closed for nearly a month.
In a televised briefing with reporters, Unification Ministry
By TOM MURPHYAP Business Writer
INDIANAPOLIS (AP) - WellPoint shares hit their highest level since the summer of 2011 on Wednesday after the nation's second largest health insurer trumped first-quarter earnings expectations, raised its 2013 forecast and said it could profit immediately from a
LONDON (AP) - Barclays PLC on Wednesday reported a return to profit in the first quarter, as it tries to restructure and get past recent scandals.
In the three months ending March 31, Barclays made an adjusted profit after tax of 839 million pounds ($1.3 billion). That contrasted with a 589 million