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By Anuchit Nguyen and Maria Levitov, Bloomberg |
June 10, 2013
Emerging-market currencies weakened, led by South Africa’s rand, on speculation the Federal Reserve will scale back stimulus and signs of a slowdown in China. Turkey’s lira sank.
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By Lu Wang and Sonja Elmquist, Bloomberg |
June 5, 2013
Alcoa Inc.’s speculative-grade credit ranking at Moody’s Investors Service makes it only the second junk-rated Dow Jones Industrial Average company in at least three decades. It took four years for the first to be ejected.
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By Adam Satariano, Bloomberg |
May 22, 2013
Tim Cook’s tenure at the helm of Apple Inc. has been a crash course in crisis management. In almost two years since Cook became chief executive officer, Apple has lurched from one reputation-threatening public-relations predicament to the next.
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By Laura Litvan |
May 20, 2013
Apple Inc. CEO Tim Cook will face off against U.S. senators leveling accusations that the iPhone maker is avoiding paying billions of dollars in U.S. taxes.
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By Douglas MacMillan, Bloomberg |
May 20, 2013
Yahoo! Inc. is buying blogging network Tumblr Inc. for about $1.1 billion as Chief Executive Officer Marissa Mayer seeks to lure users and advertisers with her priciest acquisition to date.
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By Charles Mead and Sarika Gangar, Bloomberg |
April 30, 2013
Apple Inc., the iPhone maker seeking to help finance a $100 billion capital reward for shareholders with borrowed money, may sell its first bonds in almost two decades as soon as today with a six-part offering.
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By Anthony Lazzara |
April 29, 2013
Nasdaq has actually broke through its 2013 high, and is today up 1.05% to 2860. We would not be surprised to see the technology companies be the new leaders of the market and propel the Nasdaq higher.
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By Inyoung Hwang |
April 26, 2013
U.S. stocks, after rough start, end the day up slightly. J.C. Penney Co. gets surprise investor.
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By Dave Michaels and Joshua Gallu |
April 26, 2013
Congress getting restless on SEC's "slow-walk" to get rule adopted
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By Whitney Kisling and Alexis Xydias, Bloomberg |
April 8, 2013
Even bulls are taking steps to protect profits after gains in U.S. stocks added $10 trillion to equity values, convinced the first decline in earnings since 2009 will spur losses in the historically weak second quarter.