thinkstockMarch 13, 2014: Markets opened lower on Thursday after China reported industrial production, fixed asset investment, and retail sales well below expectations. U.S. retail sales came in a bit better than expected and new…
courtesy of BP plcEnergy production in the U.S. will increase by 24% by 2035 while U.S. energy consumption will rise by just 3% in the same period. U.S. energy production as a percentage of…
Workers in California, Michigan and New York have filed class-action lawsuits against McDonald's and several franchise owners alleging wage theft, ranging from failure to pay overtime to depriving workers of meal and rest breaks.
Shares of Boeing have fallen 4% in the past four days. The eventful days include the discovery of cracks in the wings of some 787 Dreamliners and the mystifying disappearance of a Malaysian Airlines…
ThinkstockThe national average for a gallon of regular gasoline rose past $3.50 a gallon on Thursday for the first time since last September. Thursday is also the 33rd of the past 34 days to…
The Times of India reported Thursday that Microsoft has offered Windows Phone 8 to two Indian phone makers at no charge. Two companies were identified by Microsoft at last week's Mobile World Congress as…
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 195 billion cubic feet for the week ending March 7. That compared with an expected drop of 193…
Barnes & Noble announced that it has amended its agreement with Microsoft signed in 2012, and that its Nook Media group will no longer distribute a Windows app for its Nook e-reader. Microsoft wants…
ThinkstockForeclosure filings in the United States dropped 10% in February, compared with January, and 27% compared with February 2013, according to data releases Thursday by RealtyTrac. Florida, Maryland and Nevada posted the highest rates…
After dropping a broad hint in its January conference call, Amazon.com issued a terse statement Thursday morning on its website that the price of its Amazon Prime service will rise from $79 to $99.
Dollar General reported mixed fourth-quarter and full-year 2013 results before markets opened Thursday morning. Sales of tobacco and perishables pushed same-store sales higher. The company opened 650 new stores in 2013.
Plug Power reported mixed fourth-quarter and fiscal year 2014 results before markets opened Thursday morning. The company said it was on track to break even by the third quarter of this year.
General Electric announced Thursday morning that it has filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering of its North American Retail Finance business.
ThinkstockThe U.S. Department of Energy (DOE) issued a notice of sale on Wednesday for 5 million barrels of sour crude from the nation’s Strategic Petroleum Reserve (SPR). Interested buyers have until Friday at 2:00…
thinkstockMarch 12, 2014: Markets opened lower on Wednesday following a so-so trading day in Europe. Crude oil pulled back 2% after the EIA’s inventory report indicated a larger inventory gain than expected. In the…
Wikimedia CommonsShares of drug maker Pfizer Inc. (NYSE: PFE) were halted Wednesday afternoon at $32.29, down about 0.4% from the opening price. The company announced that its patent infringement case against a number of…
Wikimedia CommonsToyota Motor Corp. (NYSE: TM) announced Wednesday morning that the company would raise workers’ base pay by 0.8% or $26 a month at the beginning of the new fiscal year that starts April…
Courtesy Herbalife Ltd.In a terse press release Wednesday morning, Herbalife Ltd. (NYSE: HLF) said that it has received a Civil Investigative Demand (CID) from the Federal Trade Commission (FTC). Trading in the company’s stock…
GM has notified its dealers that they may provide owners of models identified as having the ignition switch defect with towing service, a loaner car and an offer of a $500 cash allowance on…
The New Jersey Motor Vehicle Commission on Tuesday voted to ban the direct sales model used by Tesla Motors to sell its cars. The next battleground state for Tesla is Ohio, where company officials…