Home » BUSINESS (Page 20)

  • Traders work on the floor at the New York Stock Exchange, May 1, 2013. Credit: Reuters/Brendan McDermid

    S&P 500, Dow hit milestones after strong jobs report

    NEW YORK – Stocks rallied on Friday, with the S&P 500 and Dow industrials hitting intraday records after employment grew more than expected in April, easing concerns about a weak economy.
    The S&P 500 index broke above 1,600 and the Dow […]

  • "Iron Man 3" finds success at China's box office.

    ‘Iron Man 3’ China Box Office Tops ‘Avengers,’ Reaches $21.5M

    LOS ANGELES — Iron Man has outgunned the entire Avengers crew in China.
    According to distributor Disney, Robert Downey Jr.’s solo sequel “Iron Man 3” had a record opening in China with $21.5 million Thursday.
    That tops the $17 million opening day […]

  • Traders work on the floor at the New York Stock Exchange, April 29, 2013.

Credit: Reuters/Brendan McDermid

    Wall Street drops on data, earnings

    NEW YORK – Stocks fell sharply on Wednesday as the latest economic data continued a trend of indicators pointing to anemic growth, while bellwether companies disappointed on revenue. The Federal Reserve’s decision to keep its monetary stimulus in place was […]

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  • Tom Cruise takes back box office with “Oblivion”

    Tom Cruise takes back box office with “Oblivion”

    Tom Cruise’s post-apocalyptic thriller “Oblivion” wiped out the box office competition, racking up $38.2 million in weekend ticket sales during its U.S. and Canadian debut.
    The debut of “Oblivion” knocked baseball movie “42” into second place. The drama about Jackie Robinson, […]

  • Gold slumps to two-year low below $1,400 per ounce

    Gold slumps to two-year low below $1,400 per ounce

    (Reuters)  | Clara Denina
    LONDON – Gold dropped as much as 6.3 percent on Monday to below $1,400 per ounce for the first time since March 2011 as the market’s downward momentum gained speed after more than four months of investor […]

  • British singer and songwriter Sir Paul McCartney greets spectators at the begining of his concert in the Czech Republic capital of Prague, June 6, 2004. REUTERS/Petr Josek

    McCartney Tops UK Music Rich List, Adele Richest Youngster

    LONDON – Former Beatle Paul McCartney’s 680-million-pound ($1.04 billion) fortune put him at the top of a list ranking the UK and Ireland’s richest musicians that also highlighted Adele as the wealthiest young music millionaire.
    McCartney was followed closely by music […]

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  • Barclay's specialist trader Jason Hardzewicz (L) takes bids on the floor at the New York Stock Exchange, April 2, 2013. REUTERS/Brendan McDermid

    Wall Street gains on health insurers, S&P near intraday record

    NEW YORK – Stocks rose on Tuesday, pushing the S&P 500 within striking distance of its all-time intraday high, as healthcare stocks surged after a government decision raised prospects of higher profits.
    The group gained after the government dropped plans to […]

  • American Airlines-US Airways merger gets court approval

    American Airlines-US Airways merger gets court approval

    NEW YORK – A judge on Wednesday approved AMR Corp’s plan to merge with US Airways Group, a step toward creating the world’s largest airline.
    AMR, parent of American Airlines and in bankruptcy since November 2011, must still construct a formal […]

  • Rich Americans Obsessed With Budget Deficit, Much Less Supportive Of Living Wage: Study

    Rich Americans Obsessed With Budget Deficit, Much Less Supportive Of Living Wage: Study

    The wealthiest Americans in the country have disproportionate influence over our nation’s leaders. That wouldn’t be such a big problem, if only they were a little more like you and me.
    Yes, America’s super-rich are both more likely to be politically […]

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  • Brangelina’s Debut Wine Sells Out Within Hours

    Brangelina’s Debut Wine Sells Out Within Hours

    Looks like everyone wants a piece of the Jolie-Pitts.

    A bottle of Miraval, Cote de Provence rose wine is displayed in Paris, Thursday March 7, 2013

    Organic rosé wine produced at the couple’s French vineyard went up for sale online on Thursday […]

  • Dow closes at record high

    Dow closes at record high

    The Dow climbed more than 125 points to close at a record high of 14,253.77, topping the prior record set in October 2007. Earlier, the blue chip index climbed to an intraday record of 14,286.37.

  • Dow Jones Reaches Record High

    Dow Jones Reaches Record High

    NEW YORK: Even in this economy with the Budget Sequester in effect in the USA, the Dow Jones reaches an all-time record high; fueled by China’s strong economic growth and a jump in European retail sales.

    Shortly after the opening bell […]

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  • What Does Rap Genius Have Against Warren Buffett?

    What Does Rap Genius Have Against Warren Buffett?

    What Does Rap Genius Have Against Warren Buffett?

    Photo by Donald Bowers/Getty Images for FORTUNE.
    Yesterday morning, Rap Genius cofounder Mahbod Moghadam initiated a bizarre feud with billionaire investor Warren Buffett, tweeting, from the @rapgenius handle (a small warning, by the way, […]

  • Wall Street …

    Wall Street …

    “I will tell you the secret to getting rich on Wall Street You try to be greedy when others are fearful. And you try to be fearful when others are greedy.” Warren Buffett

  • Progress …

    Progress …

     
    The reasonable man adapts to the world around him … The unreasonable man makes the world around him adapt … Therefore true progress depends on the unreasonable man. George Bernard Shaw

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