Office supplies retailer Staples reported disappointing fourth-quarter and full year 2013 results before markets opened Thursday morning. The company said it will close 225 stores in North America by the end of 2015.
Peregrine Pharmaceuticals may be on the verge of something big with its anticancer drugs. The shares soared almost 50% on Wednesday. It is working on developing drugs that can train the body's immune system…
Costco Wholesale reported disappointing second-quarter fiscal 2014 results before markets opened Thursday morning. The company did not offer any guidance and shares were down in premarket trading.
The iPhone can now be adapted into an alarm clock that wakes up its owners to the smell of bacon. The Oscar Mayer Institute for the Advancement of Bacon has created an app and…
The $29 iPhone is on the market now. Prices have continued to drop since the smartphone was first introduced. To clear inventory, the iPhone 5c will be free soon, and Apple products will have…
Elon Musk, the creator of the Tesla electric car and founder of rocket company SpaceX, wants to do more than ferry people above the Earth's atmosphere. He has proposed to the federal government that…
thinkstockMarch 5, 2014: Markets opened mixed on Wednesday following a disappointing reading from ADP on employment, setting the tone for lowered expectations for Friday when the Labor Department reports non-farm payroll numbers for February.…
ThinkstockCoal miner Alpha Natural Resources Inc. (NYSE: ANR) has reached an consent decree with the U.S. Environmental Protection Agency under which the company will spend approximately $200 million to install and operate wastewater treatment…
Exxon Mobil said Wednesday morning that capital spending in 2014 will decrease from $42.5 billion in 2013 to $39.8 billion, a drop of 6.3%.
Morgan Stanley reportedly is considering its options, including a possible outright sale, for its private Swiss private banking business. Other international banks have also offloaded their Swiss operations recently.
T-Mobile US made a trade-in offer to users of phones from BlackBerry that expires Wednesday, and it might have worked better than BlackBerry had hoped. BlackBerry CEO says success of its turnaround is a…
ThinkstockAmericans, on average, consume nearly 60 hours of media every week. How those hours are spent and what devices the time is spent on is changing though. The Nielsen Company has released latest Cross-Platform…
According to the U.S. Energy Information Administration, U.S. commercial crude inventories increased by 1.4 million barrels last week, maintaining a total U.S. commercial crude inventory of 363.8 million barrels.
In separate reports, Comcast said it would indefinitely extend low-cost broadband service to poor families, and that it has begun to expand its Wi-Fi network to homes in the Chicago area.
The Nasdaq OMX Group on Wednesday morning launched its capital marketplace for private companies, the Nasdaq Private Market. The new market joins the likes of SecondMarket and SharesPost.