ThinkstockThe Congressional Budget Office (CBO) released its updated estimate of the U.S. federal budget deficit on Monday afternoon. The agency now estimates that the fiscal year 2014 deficit will fall to $492 billion, nearly…
The people in charge of human resources and public relations at General Motors last week are no longer in the driver's seat. The company's new CEO is probably building her own team.
When Yahoo! reports first-quarter results after markets close Tuesday, investors likely will be paying more attention to what it says about its plans for its windfall from the coming IPO of Alibaba.
Walgreen's pending buyout of Switzerland-based Alliance Boots chain stands to make Walgreen even bigger, and more international. Will the company re-domicile overseas?
ThinkstockMonday morning, the U.S. Census Bureau released advance estimates of retail and food services sales for March. Sales rose 1.1% to $433.9 billion, compared with February sales, and 3.8% year over year. For the…
Facebook is seeking regulatory approval from the Irish government that would allow the site's users to store money with Facebook and use it to pay bills and exchange money with other people.
Citigroup reported better-than-expected first-quarter results before markets opened Monday morning. The bank reportedly started trimming more jobs last week and will close some Korean consumer banks.
Last Friday, 3D printer maker Voxeljet priced a secondary offering of 3 million shares at $15 a share. Voxeljet has never been a $70 stock. It may become one, someday, but that day is…
bfishshadow via Wikimedia CommonsSince the beginning of the year, the Nasdaq Composite Index has given up more than 4% of its value, dropping from a high of around 4,357 in early March to close…
Courtesy Herbalife Ltd.Shares of Herbalife Ltd. (NYSE: HLF) plunged about 14% on Friday following a Financial Times report that the U.S. Department of Justice and the FBI have each launched criminal% investigations into the…
ThinkstockContinuing demand from Japan, Hong Kong and Mexico increased U.S. beef exports by 3.2% in February to more than 10% of all U.S. production. Add to that the diminished size of the U.S. cattle…
ThinkstockWhen Automatic Data Processing Inc. (NYSE: ADP) announced on Thursday that it would spin off its dealer services business, it didn’t take long for the credit ratings agencies to swing into action. The separation…
ThinkstockFollowing a week with eight initial public offerings (IPO) launched, the coming week has 11 more on the table, including 2 that didn’t make it out last week. The one everyone will be watching…
ThinkstockAfter failing to find a buyer, struggling women’s clothing retailer Coldwater Creek Inc. (NASDAQ: CWTR) has filed for Chapter 11 bankruptcy protection while it liquidates its stock and closes its stores. The company was…
courtesy of General MotorsLast December, General Motors Co. (NYSE: GM) stock posted its 52-week high price of $41.85. On Friday, the stock fell below its IPO price of $33 for the first time in…
Courtesy Herbalife Ltd.The Financial Times reported late Friday afternoon that Herbalife Ltd. (NYSE: HLF) is being investigated by both the U.S. Department of Justice and the FBI. Neither federal agency would comment on the…
thinkstockApril 11, 2014: Markets opened lower on Friday with the S&P 500 and the Nasdaq Composite breaking into positive territory late in the morning. Unfortunately neither index could hold the gain as investors appear…
General Motors Co.Ratings agency Standard & Poor’s said in a credit FAQ late Thursday that while the 6 million vehicles recalled this year by General Motors Co. (NYSE: GM) will have no immediate impact…
ThinkstockIAC/InterActiveCorp (NASDAQ: IACI), which already owns dating website match.com, recently added another 10% to its majority stake in the mobile dating app Tinder. The purchase price was reportedly $500 million, valuing the start-up at…
courtesy of The Car Spy, via Wikimedia CommonsGerman automaker BMW is recalling about 500,000 cars from model years 2010 to 2011 to fix a problem with the bolts that attach a car’s engine-control system…