NEW YORK (AP) - Stock indexes are slipping in midday trading on Wall Street after several big U.S. retailers disappointed investors with weak profit forecasts.
Wal-Mart's stock dropped $2.64 to $68.67 after the retailer issued a weak outlook for fourth-quarter profits. Ross Stores also slid
By MICHAEL KUNZELMANAssociated Press
NEW ORLEANS (AP) - A day of reckoning arrived for BP on Thursday as the oil giant agreed to plead guilty to a raft of charges in the deadly Gulf of Mexico spill and pay a record $4.5 billion, including the biggest criminal fine in U.S. history. Three BP
By SARAH SKIDMOREAP Business Writer
PORTLAND, Ore. (AP) - Monster Beverage Corp.'s stock was buffeted Thursday by the news that the Food and Drug Administration is investigating deaths potentially tied to a competitor's product.
The Corona, Calif.-based company's stock fell more
By The Associated Press
SHAKE-UP: McDonald's Corp. is replacing the head of its U.S. business after the world's biggest hamburger chain reported the first drop in a monthly sales figure in nearly a decade.
COMING AND GOING: The company says Jan Fields, president of McDonald's USA,
NEW YORK (AP) - The nation's natural gas supplies fell last week, the government said Thursday.
The Energy Department's Energy Information Administration reported that natural gas in storage shrank by 18 billion cubic feet to 3.911 trillion cubic feet for the week ended Nov. 9. It was the
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - Manufacturing shrank in the Philadelphia and New York regions this month, reflecting damage from Superstorm Sandy that disrupted area factories.
The Federal Reserve Bank of Philadelphia said Thursday that its index of regional