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Wall Street Ends Lower as Energy Sector Fuels Dip

Article by Staff Reporter | Published 08/03/15 | Comments (0)

Wall Street stepped back from session lows at the close of trade Monday after the energy sector helped fuel the day's losses. The Dow Jones Industrial Ave...

   
 

Uber Valued At About $51 Billion After Latest Funding R...

Article by Reuters | Published 08/02/15 | Comments (0)

New York - Uber Technologies Inc has closed a new round of funding that values the online taxi-hailing company at nearly $51 billion, the Wall Street Journal ...

   
 

Stocks End Flat as Traders Fret GDP Figures Could Signa...

Article by Staff Reporter | Published 07/30/15 | Comments (0)

U.S. equity markets pared triple-digit losses as traders digested the latest data that showed the economy posted 2.3% growth in the second quarter as it bounced...

   
 

Consumer Spending Helps Boost 2Q GDP

Article by Staff Reporter | Published 07/30/15 | Comments (0)

U.S. economic growth accelerated in the second quarter as a pick-up in consumer spending offset the drag from soft business spending on equipment, suggesting ...

   
 

Wall Street Ends Higher After Fed Statement

Article by Staff Reporter | Published 07/29/15 | Comments (0)

Wall Street held on to gains following the release of the Federal Reserve’s policy statement, which said the central bank will keep rates steady, but di...

   
 

Wall Street Rebounds After Five-Day Losing Streak as En...

Article by Staff Reporter | Published 07/28/15 | Comments (0)

Wall Street broke a five-session losing streak as concerns over China from the prior session fell by the wayside. The Dow Jones Industrial Average jumped 188 p...

   
 

Bloomberg: Trump Worth a Third of What He Says

Article by Bloomberg | Published 07/28/15 | Comments (0)

Presidential candidate Donald Trump claims he’s worth more than $10 billion, but the real figure is much lower, according to a detailed analysis by Bloo...

   
 

Microsoft Buys Charedi-Founded Tech Firm

Article by Staff Reporter | Published 07/28/15 | Comments (0)

NEW YORK (JTA) — Microsoft has purchased a software company created and run by a Hasidic Jewish man from the Satmar village of Kiryas Joel in New York...

   
 

Wall Street Slides, Joining China-Led Global Selloff

Article by Staff Reporter | Published 07/27/15 | Comments (0)

U.S. equity markets joined a Chinese-led global equities selloff which sent major market averages lower for the fifth-straight session. The Dow Jones Industri...

   
 

Israeli Pharma Giant Teva Buys Botox's Allergan

Article by Staff Reporter | Published 07/27/15 | Comments (0)

$40.5 billion purchase solidifies Teva as world leader in generic drugs, after $40.1 billion bid for rival Mylan meets resistance. Israeli pharmaceutical gian...

   
 

Amazon.com CEO Bezos Up $8 Billion, Down $4 Billion On ...

Article by Reuters | Published 07/24/15 | Comments (0)

New York -  Amazon.com founder and Chief Executive Officer Jeff Bezos got a lot richer while he slept on Thursday night, after the company reported its q...

   
 

Dow Sees Worst Week Since January in Broad Selloff

Article by Staff Reporter | Published 07/24/15 | Comments (0)

Wall St capped an earnings-heavy week in negative territory as major averages closed down more than 2%, and the Dow fell to its worst week since January. Dow...

   
 

Anthem To Buy Cigna To Create Biggest U.S. Health Insur...

Article by Reuters | Published 07/24/15 | Comments (0)

New York - Anthem Inc said on Friday it would buy Cigna Corp in a deal valued at $54.2 billion, creating the largest U.S. health insurer by membership. The d...

   
 

Wall Street Caps Third-Straight Session of Losses

Article by Staff Reporter | Published 07/23/15 | Comments (0)

U.S. equity markets turned a two-day selloff into three after quarterly earnings reports continued to disappoint investors. The Dow Jones Industrial Average wa...

   
 

Major Averages Close Lower as Tech Giants Drag

Article by Staff Reporter | Published 07/22/15 | Comments (0)

Tech heavyweights weighed on sentiment, and commodities felt a deeper crunch as oil and gold continued their steep declines Wednesday. The Dow Jones Industria...

   
 

Wall Street Falls After Quarterly Results Disappoint

Article by Staff Reporter | Published 07/21/15 | Comments (0)

U.S. stocks fell on Tuesday in the wake of results from IBM and United Technologies that dampened early optimism over earnings season as investors awaited qua...

   
 

LifeLock Stock Plunges 49% On FTC Claims of Deception

Article by Staff Reporter | Published 07/21/15 | Comments (0)

Lifelock: We disagree with FTC's contentions CNBC's Dominic Chu reports the latest on LifeLock after shares were battered after the Federal Trade...

   
 

A&P Files For Ch. 11 Bankruptcy, 2nd Time In Five Y...

Article by AP | Published 07/20/15 | Comments (0)

New York - Grocery store operator A&P is filing for Chapter 11 bankruptcy with plans to sell off stores as it faces increasingly tough competition. This ...

   
 

Nasdaq Hits New Record as Earnings, Greece Relief Lift ...

Article by Staff Reporter | Published 07/16/15 | Comments (0)

U.S. equity markets posted gains Thursday after the Greek parliament approved austerity measures in exchange for financial aid, and as traders digested second...

   
 

Wall Street Ends Flat Ahead of Greek Vote

Article by Staff Reporter | Published 07/15/15 | Comments (0)

At the close of trade, focus on Wall Street was split between Greece, where protestors spared with police and debate began on bailout funds for Athens, and on...

   
 

Fed's Yellen: Remain On Track To Raise Rates This ...

Article by Staff Reporter | Published 07/15/15 | Comments (0)

The Federal Reserve remains on track to raise rates this year—as long as the economy evolves as expected, the nation's top central banker said W...

   
 

Energy Sector Helps Wall Street Close on High Note

Article by Staff Reporter | Published 07/14/15 | Comments (0)

U.S. equity markets were higher Tuesday as traders digested a slew of headlines including an Iran nuclear deal, big bank earnings from JPMorgan and Wells Farg...

   
 

Optimism Over Greek Deal Sends Stocks Higher

Article by Staff Reporter | Published 07/13/15 | Comments (0)

U.S. equity markets posted substantial gains Monday after all-night negotiations between Greece and its eurozone counterparts yielded a fresh bailout deal for t...

   
 

Oil Tumbles As Iran Nuclear Deal Looms

Article by Reuters | Published 07/13/15 | Comments (0)

LONDON (Reuters) - Oil prices tumbled on Monday as Iran and six world powers appeared to be closing in on a nuclear deal that would end sanctions on the Islam...

   
 

US Stocks Rise On Optimism That Greek Debt Deal Will Be...

Article by AP | Published 07/10/15 | Comments (0)

NEW YORK (AP) — U.S. stocks are moving higher on speculation that Greece will be able to forge a deal with creditors this weekend to secure its future i...

   
 

$10 Bill Change Rankles Descendant Of Alexander Hamilto...

Article by AP | Published 07/10/15 | Comments (0)

COLUMBUS, Ohio (AP) — Doug Hamilton is just fine with plans to put a woman's portrait on U.S. paper money, but he'd prefer that the Treasury D...

   
 

Wall Street Holds Gains on Yellen's Rate Comments

Article by Staff Reporter | Published 07/10/15 | Comments (0)

U.S. equity markets moved sharply higher on Friday amid comments from Federal Reserve Chief Janet Yellen who said the central bank is still on track to raise ra...

   
 

Weekly Jobless Claims Rise to Highest Since February

Article by Reuters | Published 07/09/15 | Comments (0)

New applications for U.S. unemployment insurance benefits rose last week to their highest rate since February, but remained at levels considered consistent wi...

   
 

UPDATED: New York Stock Exchange Resumes Trading Follow...

Article by Staff Reporter | Published 07/08/15 | Comments (0)

  NEW YORK -- Trading resumed on the New York Stock Exchange at 3:10 p.m. Eastern time after an outage of more than three hours caused by technical pro...

   
 

Microsoft Plans 7,800 Layoffs, $7.8 Billion Nokia Write...

Article by Staff Reporter | Published 07/08/15 | Comments (0)

After cutting its workforce by around 18,000 over the past year, Microsoft is readying another round of heavy layoffs. The company will cut 7,800 jobs over "t...

   
 

U.S. Equities Cap Volatile Session on High Note

Article by Staff Reporter | Published 07/07/15 | Comments (0)

Wall Street recovered from session lows of more than 1% declines across the major U.S. averages Tuesday as traders continued to monitor developments out of Br...

   
 

Up To $1 Million On The Table In 'Shark Tank'...

Article by Sandy Eller | Published 07/07/15 | Comments (0)

Northvale, NJ - Three businessmen from the Jewish community will be pitching their ideas to a panel of investors at a forum designed after the award winning S...

   
 

Stocks Fall Amid Persisting Greek Uncertainty

Article by Staff Reporter | Published 07/06/15 | Comments (0)

U.S. equity markets fell on Monday, a day after the Greek people voted overwhelmingly in opposition of economic reforms demanded by the nation’s eurozon...

   
 

Greece Enters Uncharted Territory After Referendum ...

Article by AP | Published 07/06/15 | Comments (0)

Greece enters uncharted territory after decisive 'no' vote in key bailout referendum ATHENS, Greece (AP) -- Greece lurched into uncharted territory ...

   
 

Insurer Aetna to buy Humana in $35B deal

Article by AP | Published 07/03/15 | Comments (0)

Aetna will spend about $35 billion to buy rival Humana and become the latest health insurer bulking up on government business as the industry adjusts to the f...

   
 

Wall St. Edged Down On Greece Worries, Tepid U.S. Data

Article by Reuters | Published 07/02/15 | Comments (0)

(Reuters) - U.S. stocks closed down slightly on Thursday after the International Monetary Fund warned Greece ahead of its Sunday referendum that it faces a hu...

   
 

PayPal Sends $890 Million To Buy Money-transfer Firm Xo...

Article by Staff Reporter | Published 07/02/15 | Comments (0)

The digital payments firm continues its acquisition push ahead of its split from eBay later this month. PayPal unveiled its plans to buy money-transfer company...

   
 

BP Settles 2010 U.S. Oil Spill Claims For $18.7 Billion

Article by Staff Reporter | Published 07/02/15 | Comments (0)

BP Plc (BP.L)(BP.N) has reached a comprehensive $18.7 billion settlement with the U.S. government and five states, a landmark deal that effectively ends ye...

   
 

Wall Street Rises After Mixed June Jobs Report

Article by Staff Reporter | Published 07/02/15 | Comments (0)

Wall Street climbed slightly higher Thursday as traders digested mixed data from the June jobs report. As of 9:34 a.m. ET, the Dow Jones Industrial Average ros...

   
 

Greece, Data Help Propel Wall Street Higher

Article by Staff Reporter | Published 07/01/15 | Comments (0)

U.S. equities made a broad move higher on Wednesday, the first trading day of the second half of the year, and the second-straight day of gains. Investors dig...

   
 

DOJ Investigating Potential Airline Collusion

Article by Staff Reporter | Published 07/01/15 | Comments (0)

WASHINGTON –  A document obtained by The Associated Press shows the Justice Department is investigating whether airlines are colluding to grow at a...

   
 

Greece Defaults

Article by Business Insider | Published 06/30/15 | Comments (0)

Greece has officially missed its payment to the IMF.  Though this is not technically considered a "default" — the IMF now considers Greece "in arr...

   
 

Dow Plunges 350 Points, Worst Drop of 2015, Amid Ongoin...

Article by Staff Reporter | Published 06/29/15 | Comments (0)

U.S. equity markets posted their biggest sell off of the year Monday amid the ongoing crisis in Greece as investors weigh the possibility of the nation's...

   
 

Greeks Line Up at Banks and Drain ATMs as Tsipras Calls...

Article by Staff Reporter | Published 06/27/15 | Comments (0)

Greece’s banks may need an injection of fresh emergency funds to operate Monday as people rushed to pull out money after Prime Minister Alexis Tsipras...

   
 

Stocks Slip on Weakness in Tech Shares

Article by Staff Reporter | Published 06/26/15 | Comments (0)

World stock markets slipped on Friday, in part on weakness in technology shares, while signs of a possible agreement between Greece and its creditors sent U.S...

   
 

Kerry Held $1 Million in Noble Energy Stocks, Connected...

Article by Staff Reporter | Published 06/25/15 | Comments (0)

At the same time he urged PM Netanyahu to resolve clash between Noble and Israeli regulators US Secretary of State John Kerry reportedly held up to $1 million...

   
 

Wall Street Drifts Amid Upbeat Economic Data

Article by Staff Reporter | Published 06/25/15 | Comments (0)

Healthcare stocks surged after the U.S. Supreme Court upheld tax subsidies key to Obamacare but the broader market was little changed in afternoon trading as ...

   
 

Wall Street Edges up in Quiet Session; Nasdaq Ends at R...

Article by Staff Reporter | Published 06/23/15 | Comments (0)

U.S. stocks ended with slight gains on Tuesday, with the Nasdaq eking out another record close while investors continued to await clarity on whether Greece co...

   
 

Here's Why Home Sales Are Finally Surging

Article by AP | Published 06/23/15 | Comments (0)

US homes selling at fastest pace since 2007 as buyers scramble to stay ahead of rising prices WASHINGTON (AP) -- Real estate has gotten hot again. Home sales...

   
 

Wall Street up on Greece Hopes; Nasdaq Hits Record

Article by Reuters | Published 06/22/15 | Comments (0)

U.S. stocks closed higher on Monday, with the Nasdaq ending at a record, as hopes grew that a deal would be reached in Europe that would prevent Greece from d...

   
 

Wall Street Falls as Greek Deadline Looms

Article by Staff Reporter | Published 06/19/15 | Comments (0)

U.S. stocks fell on Friday ahead of a summit next week that could decide whether Greece will need to print its own currency and ditch the euro. Euro zone lea...

   
 

Feds Announce Largest Ever Criminal Medical Fraud Taked...

Article by Staff Reporter | Published 06/19/15 | Comments (0)

Attorney General Loretta E. Lynch and the Department of Health and Human Services (HHS) Secretary Sylvia Matthew Burwell announced yesterday the largest ever ...

   
 

Average US Rate On 30-Year Mortgage Eases To 4 Percent

Article by AP | Published 06/18/15 | Comments (0)

WASHINGTON (AP) — Average long-term U.S. mortgage rates eased this week after hitting their highest levels this year in the previous week. Mortgage gia...

   
 

2015's Biggest Israeli Tech Exit Yet: Chinese XIO ...

Article by Eliezer Sherman | Published 06/18/15 | Comments (0)

Chinese investment fund XIO Group has agreed to acquire Israeli medical technology developer Lumenis for $14 per share in cash, or an aggregate $510 million, ...

   
 

Nasdaq Hits Record; Stocks Rally on Strong Data

Article by Staff Reporter | Published 06/18/15 | Comments (0)

The Nasdaq Composite closed at a record on Thursday with stocks on Wall Street boosted by strong economic data. The Dow Jones industrial average rose 178.83 po...

   
 

Nasdaq Breaks Record-High Set During Dotcom Boom

Article by Reuters | Published 06/18/15 | Comments (0)

June 18 (Reuters) - The Nasdaq Composite index surpassed the 15-year all-time high it set during the peak of the dotcom bubble on Thursday as more data sho...

   
 

Applications For US Jobless Aid Fall To Nearly 15-year ...

Article by AP | Published 06/18/15 | Comments (0)

WASHINGTON (AP) — The number of people seeking unemployment benefits fell last week, evidence that layoffs remain at unusually low levels and the job ma...

   
 

US Regulators Impose Limits On Mortgage Business For 6 ...

Article by AP | Published 06/17/15 | Comments (0)

US regulators impose limits on mortgage business for 6 banks; end orders against 3 others WASHINGTON (AP) -- Federal regulators have slapped restrictions on t...

   
 

Wall Street Ends Higher in Choppy Post-Fed Trading

Article by Staff Reporter | Published 06/17/15 | Comments (0)

U.S. stocks ended slightly higher following a choppy session Wednesday after the Federal Reserve said the U.S. economy is likely strong enough to withstand an...

   
 

Wall Street Rises as Fed Meet Eyed

Article by Staff Reporter | Published 06/16/15 | Comments (0)

Wall Street was higher in afternoon trading on Tuesday as deal activity picked up in the consumer and healthcare sectors and investors waited for the outcome ...

   
 

Stocks Down Worldwide, But U.S. Ends Off Session Lows

Article by Staff Reporter | Published 06/15/15 | Comments (0)

Stock markets around the world fell on Monday, pressured by the collapse of 11th-hour talks between the near-bankrupt Greece and its creditors, with investors w...

   
 

Target Selling Pharmacy, Clinic Businesses to CVS Healt...

Article by AP | Published 06/15/15 | Comments (0)

Target is selling its pharmacy and clinic businesses to the drugstore chain CVS Health for about $1.9 billion in a deal that combines the resources of two reta...

   
 

Triple Digit Loss Slams Dow Industrials

Article by Staff Reporter | Published 06/12/15 | Comments (0)

U.S. stocks declined Friday amid uncertainty about a Greek bailout deal. The Dow Jones Industrial Average dropped 148 points, or 0.8%, to 17892. The S&P 5...

   
 

U.S. Stocks End Higher, On Pace For Weekly Gain

Article by Staff Reporter | Published 06/11/15 | Comments (0)

U.S. stocks closed higher on Thursday, adding to strong gains made a day earlier, as retail sales provided more evidence of a strengthening economy. But the ...

   
 

Sears Posts Biggest Drop In Sales Can It Survive?

Article by AP | Published 06/09/15 | Comments (0)

New York - Sears Holdings Corp’s strategy to cut advertising and discounting is raising concerns among analysts who question whether the venerable retaile...

   
 

For Charedi Men, Stock Trading Strikes A Good Balance

Article by Niv Elis | Published 06/09/15 | Comments (0)

“To me this is the ultimate solution. It combines Torah life with work and family perfectly,” says one of the stock traders. Every afternoon, after...

   
 

Stocks Retreat as Strong Jobs Report Puts Spotlight on ...

Article by Staff Reporter | Published 06/08/15 | Comments (0)

The Dow slipped into negative territory for the year amid a modest selloff Monday, reflecting Wall Street’s mixed reactions to an upbeat jobs report. A...

   
 

Jobs Report: U.S. Added 280,000 Jobs In May As Unemploy...

Article by Staff Reporter | Published 06/05/15 | Comments (0)

Employers added 280,000 jobs in May, according to the latest jobs report out from the Bureau of Labor Statistic Friday morning. Economists were forecasting an...

   
 

Wall Street Drops Ahead of Jobs Report

Article by Staff Reporter | Published 06/04/15 | Comments (0)

U.S. stocks fell on Thursday, hit by nervousness ahead of Friday's jobs report and lingering uncertainty over a Greece aid deal with creditors. Declinin...

   
 

Wall Street Ends Higher on Greece Optimism

Article by CNBC | Published 06/03/15 | Comments (0)

U.S. stocks closed higher on Wednesday despite a sharp rally in bond yields as investors found encouragement in signs of economic growth and coming resolution...

   
 

Hedge Fund Mogul Paulson Gives Harvard Record $400 Mill...

Article by Reuters | Published 06/03/15 | Comments (0)

BOSTON, June 3 (Reuters) - Harvard University, which has educated many of the world's wealthiest investors, is now getting its biggest single gift from...

   
 

Stocks Grind Higher as Microsoft, Altera Lead Tech Sec...

Article by Staff Reporter | Published 06/01/15 | Comments (0)

NEW YORK (TheStreet) -- Stocks added to gains mid-afternoon Monday as investors processed a range of data from the ISM Manufacturing Index to U...

   
 

US Gas Prices Rise 4 Cents a Gallon; Big Hikes May Be E...

Article by AP | Published 05/31/15 | Comments (0)

The average price of gasoline has increased 4 cents a gallon over the past two weeks to $2.84 a gallon. Still, that's a tiny increase compared to the 35-c...

   
 

Rimanover Rebbe, Shlita, to Visit Baltimore And Silver...

Article by BJLife Newsroom | Published 05/31/15 | Comments (0)

Baltimore, MD - May 29, 2015 - The Baltimore/Silver Spring communities will have the great honor to host the Rimanover Rebbe, Shlita, Grand Rabbi Chaim Eluzer W...

   
 

Stocks Extend Drop After Report Shows Economic Contract...

Article by Reuters | Published 05/29/15 | Comments (0)

U.S. stocks were lower in early afternoon trading on Friday, weighed by data that showed the economy contracted in the first quarter and as weak data for May ...

   
 

Stocks End Lower Amid Rate-hike Worries

Article by Staff Reporter | Published 05/28/15 | Comments (0)

U.S. stocks ended Thursday's choppy session slightly lower as investors grappled with comments from Federal Reserve officials about the possibility of ra...

   
 

Nasdaq Sets Record as Wall Street Bounces Back

Article by Staff Reporter | Published 05/27/15 | Comments (0)

U.S. stocks ended sharply higher on Wednesday and the Nasdaq logged a record high close, led by a rebound in technology and healthcare stocks and optimism tha...

   
 

Wall Street Falls on Concerns About Europe, U.S. Rate H...

Article by Reuters | Published 05/26/15 | Comments (0)

U.S. stocks fell on Tuesday, pushing the S&P 500 to its biggest decline in three weeks, weighed down by concerns about Greece and some upbeat data that fu...

   
 

IRS Says Thieves Stole Tax Info From 100,000

Article by AP | Published 05/26/15 | Comments (0)

Washington - Thieves used an online service provided by the IRS to gain access to information from more than 100,000 taxpayers, the agency said Tuesday. The ...

   
 

U.S. New Home Sales, Prices Rise Strongly In April

Article by Reuters | Published 05/26/15 | Comments (0)

Washington - New U.S. single-family home sales rose more than expected in April and the median price surged, suggesting the housing market recovery was gainin...

   
 

Charter Agrees To Buy Time Warner Cable For $56 Billion

Article by Staff Reporter | Published 05/26/15 | Comments (0)

John Malone's Charter Communications Inc struck a $56 billion deal to buy Time Warner Cable Inc, seeking to combine the third and second largest U.S....

   
 

Wall Street Closes Flat Ahead of Holiday Weekend

Article by Staff Reporter | Published 05/22/15 | Comments (0)

U.S. stocks were mixed Friday, but off intraday lows, after Federal Reserve Chairwoman Janet Yellen reiterated the central bank's intention to raise shor...

   
 

Wall Street Closes Higher; S&P Ends at Records

Article by Staff Reporter | Published 05/21/15 | Comments (0)

The S&P 500 closed at a record high on Thursday after disappointing economic data bolstered expectations that an interest rate hike will come only later i...

   
 

U.S. Stocks Inch Higher

Article by Staff Reporter | Published 05/19/15 | Comments (0)

U.S. stocks traded little changed Tuesday, pausing a day after the Dow industrials and the S&P 500 climbed to record highs. The Dow Jones Industrial Averag...

   
 

Dow Jones Industrials, S&P 500 Close at Record High...

Article by Staff Reporter | Published 05/18/15 | Comments (0)

The Dow Jones industrial average and S&P 500 ended at record highs on Monday, helped by a rally in Apple as well as tepid economic data suggesting the Fed...

   
 

FAO Schwarz's Manhattan Store to Close in July

Article by Staff Reporter | Published 05/16/15 | Comments (0)

The FAO Schwarz toy store in midtown Manhattan will close in July because of rising rents, leaving the 153-year-old brand without a retail outlet. Toys &ld...

   
 

US Electronic Payment Company Buys Israel's Seerga...

Article by Anav Silverman, Tazpit News Ag... | Published 05/15/15 | Comments (0)

The American electronic payment company MyECheck has bought Israeli company Seergate Ltd, which provides electronic payment solutions, for $3 million. The Cal...

   
 

S&P 500 Captures New Record, Dow Closes Behind

Article by Staff Reporter | Published 05/15/15 | Comments (0)

U.S. stocks were little changed on Friday, with the S&P 500 closing at a record high for a second straight session after a ream of weak economic data. Th...

   
 

Carl Icahn Takes $100 Million Stake in Lyft

Article by Staff Reporter | Published 05/15/15 | Comments (0)

For once, a company is excited about adding Carl Icahn as a shareholder. The activist billionaire has invested $100 million in ride-sharing startup Lyft Inc....

   
 

S&P 500 Closes at Record High, Helped by Weaker Dol...

Article by Staff Reporter | Published 05/14/15 | Comments (0)

U.S. stocks ended sharply stronger on Thursday and the S&P 500 closed at a record high as a weaker dollar offered the possibility of stronger sales for U....

   
 

Wall Street Wavers on the Back of Two-Day Drop

Article by Staff Reporter | Published 05/13/15 | Comments (0)

U.S. stocks were little changed Wednesday, pausing after two sessions of declines. The S&P 500 index lost one point to 2098. The tech-heavy Nasdaq Composit...

   
 

Blackstone In Talks To Buy Mega Supermarket Chain

Article by Staff Reporter | Published 05/13/15 | Comments (0)

Former Israel Ambassador to the UN Dan Gillerman is representing Blackstone in the talks. US private equity investment banking company the Blackstone Group L....

   
 

Verizon To Acquire AOL In $4.4 Billion Deal

Article by Staff Reporter | Published 05/12/15 | Comments (0)

Telecom giant Verizon (VZ) said Tuesday it will acquire digital conglomerate AOL (AOL) in a deal valued at approximately $4.4 billion. Verizon says the deal is...

   
 

Wall St Ends Down on Global Woes, Oil Weighs

Article by Staff Reporter | Published 05/11/15 | Comments (0)

U.S. stocks fall on worries about Greece's precarious financial condition and slowing growth in China, while energy stocks fell on weaker oil prices. Th...

   
 

USPS reports $1.5B loss

Article by AP | Published 05/08/15 | Comments (0)

WASHINGTON — The U.S. Postal Service on Friday reported a net loss of $1.5 billion during the first three months of this year, noting that while ...

   
 

Wall Street Soars After Jobs Growth Rebounds

Article by Staff Reporter | Published 05/08/15 | Comments (0)

Wall Street soared in early afternoon trading on Friday after strong jobs data for April indicated a pickup in the economy, which could prompt the Federal Res...

   
 

223,000 Jobs Added as U.S. Job Growth Seen Regaining St...

Article by Reuters | Published 05/08/15 | Comments (0)

WASHINGTON (Reuters) - U.S. job growth likely rebounded last month and the unemployment rate probably dropped to a near seven-year low, signs of a pick up in...

   
 

Jobless Claims Hold Near 15-Year Low

Article by Staff Reporter | Published 05/07/15 | Comments (0)

(Reuters) - The number of Americans filing new claims for unemployment benefits rose marginally last week, staying near a 15-year low in a sign that the l...

   
 

Report: 1,580 IRS Workers Evaded Taxes Over 10-year Per...

Article by AP | Published 05/07/15 | Comments (0)

Nearly 1,600 IRS workers were found to have willfully evaded taxes over a 10-year period, including some who were responsible for enforcing the nation's ...