Home » BUSINESS (Page 22)

  • This image released by Marvel shows Robert Redford, left, and Chris Evans in a scene from "Captain America: The Winter Soldier." (AP Photo/Marvel-Disney, file)

    ‘Captain America’ Sets April Record With $96.2M

    LOS ANGELES — “Captain America: The Winter Soldier” has set a record as the biggest domestic April release ever.
    The Disney sequel debuted with $96.2 million topping the previous record holder, 2011’s “Fast Five,” which opened with $86.2 million. Last weekend […]

  • The US is certainly doing better than Europe or Japan right now," says Nariman Behravesh, chief economist at IHS Global Insight.

    A Recovering U.S. Is Outpacing Other Major Economies

    WASHINGTON — As a brutal winter yields to spring, the U.S. economy is showing renewed strength just as other major economies appear desperate for help.
    Europe is clinging to a fragile recovery. Japan just imposed a tax hike that threatens its […]

  • A group of Chevrolet Camaro cars for sale is pictured at a car dealership in Los Angeles, California April 1, 2014. General Motors Co CEO Mary Barra on Tuesday called her company's slow response to at least 13 deaths linked to faulty ignition switches "unacceptable," but could not give U.S. lawmakers many answers as to what went wrong as she pointed to an ongoing internal investigation.  REUTERS/Mario Anzuoni  (UNITED STATES - Tags: TRANSPORT BUSINESS POLITICS)

    Dealers Say GM Customer Anxiety Rising, Sales May Take Hit

    BOSTON – An ignition switch defect linked to deadly crashes and mounting recalls are raising anxiety in General Motors Co showrooms, according to dealers who increasingly are fielding calls from customers concerned about the safety of GM cars.
    The Ancira Auto Group […]

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  • This image released by Paramount Pictures shows Emma Watson in a scene from "Noah." (AP Photo/Paramount Pictures, Niko Tavernise, file)

    ‘Noah’ Rises To Top Of Box Office With $44M Debut

    LOS ANGELES (AP) — After weathering a sea of controversy, “Noah” arrived in first place at the weekend box office.
    Paramount’s biblical epic starring Russell Crowe in the titular role opened with $44 million, according to studio estimates Sunday.
    The imaginative take […]

  • Abstract background of money pile 100 russian rouble bills. Studio photography.

    Economic Cost Of Crimea Seizure Mounts For Russia

    MOSCOW/BRUSSELS – The economic impact of annexing Crimea from Ukraine could drive Russia into a sharp recession this year even if the West stops short of trade sanctions, the World Bank warned on Wednesday.
    The gloomy assessment, far more negative than Russian […]

  • Both sides of a Nobel Peace Prize that was saved from possible destruction for the value of its gold. The 1936 medal is only the second Nobel Peace Prize to come to auction and marked the first time an individual from Latin America was recognized by the prestigious award.

    1936 Nobel Peace Prize To Be Auctioned In Maryland

    NEW YORK (AP) — A 1936 Nobel Peace Prize discovered at a South American pawn shop is heading to the auction block.

    The award will be only the second Nobel Peace Prize to come to auction and marked the first time […]

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  • This image released by Warner Bros. Pictures shows Eva Green in the film, "300: Rise of an Empire." (AP Photo/Warner Bros. Pictures)

    ‘300’ Sequel Rules Box Office With $45.1M Debut

    NEW YORK — The shirtless warriors of the “300” sequel “Rise of an Empire” ravaged the post-Oscars box-office weekend with a domestic debut of $45.1 million but an even bigger international haul of $87.8 million.
    Seven years after the original “300” […]

  • VIDEO: Judge Rules Against Apple In A Case With Samsung

    VIDEO: Judge Rules Against Apple In A Case With Samsung

    MarketWatch’s Sital Patel joins the News Hub with a look at the key stocks to watch today including Apple, Staples and Costco. Photo: AP.

  • Target Warns Data Breach Could Hurt Future Profit

    Target Warns Data Breach Could Hurt Future Profit

    NEW YORK/BOSTON  – Target Corp warned that costs tied to a cyber attack that affected tens of millions of shoppers could hurt its results in the first quarter and beyond, but shares rose as its full-year outlook was better than […]

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  • VIDEO: Home Depot, Macy’s Beat The Weather

    VIDEO: Home Depot, Macy’s Beat The Weather

    Home improvement retailer Home Depot and the department store chain Macy’s managed to boost quarterly comparable store sales despite bad weather. Fred Katayama reports.

  • VIDEO: Income Investing: Are MLPs Safe?

    VIDEO: Income Investing: Are MLPs Safe?

    After a Barron’s story on aggressive accounting at a big energy infrastructure company, income investing blogger Michael Aneiro discusses master limited partnerships.

  • VIDEO: Comcast, Netflix (Finally) Reach Agreement

    VIDEO: Comcast, Netflix (Finally) Reach Agreement

    Netflix has agreed to pay Comcast to ensure its movies and TV shows stream smoothly to Comcast’s customers.

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  • Traders stand on the floor of the New York Stock Exchange February 18, 2014. REUTERS/Brendan McDermid (UNITED STATES - Tags: BUSINESS)

    Wall Street Mixed, With Fed Minutes On Tap

    NEW YORK  – U.S. stocks were mixed on Wednesday amid caution ahead of the release of minutes from the Federal Reserve’s most recent policy meeting, and as investors brushed off weak housing data.
    The Dow Jones industrial average index rebounded after […]

  • VIDEO: Coca-Cola Co. Revenue Misses Expectations

    VIDEO: Coca-Cola Co. Revenue Misses Expectations

    Actavis agreed to buy rival drug maker Forest Labs for $25 billion. Plus, key stocks to watch include Coca-Cola and Tesla. MarketWatch’s Victor Reklaitis joins the News Hub. Photo: The Coca-Cola Company.

  • FILE - In this July 30, 2008 file photo illustration, a silhouetted coaxial cable is photographed with the Comcast Corp. logo in the background in Philadelphia.Comcast Corp. announced Thursday that it is buying Time Warner Cable Inc. for $45.2 billion in stock. The deal combines two of the nation's top pay TV and Internet service companies and makes Comcast, which also owns NBCUniversal, a dominant force in both creating and delivering entertainment to U.S. homes. (AP Photo/Matt Rourke, file)

    Comcast Strikes Deal To Buy Time Warner Cable

    LOS ANGELES  — With a single behemoth purchase, Comcast is creating a dominant force in American entertainment and presenting federal regulators with an equally outsized quandary: How should they handle a conglomerate that promises to improve cable TV and Internet […]

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  • A sign in the window of a retail shoe store advertises for jobs in San Francisco, California June 3, 2010. REUTERS/Robert Galbraith

    U.S. Service Sector Growth, Hiring Improves In January

    Growth picked up in the U.S. service sector in January, with steady strength in private-sector hiring, suggesting the winter weather that socked the country over the last several weeks had a limited effect on the economy.
     
    The data assuaged some concerns […]

  • U.S. Deficit To Drop To $514B, Lowest Of Obama’s Presidency

    U.S. Deficit To Drop To $514B, Lowest Of Obama’s Presidency

    WASHINGTON  — The U.S. budget deficit is set to fall to $514 billion this year, down substantially from last year and the lowest level by far since President Barack Obama took office five years ago, a congressional report said Tuesday.
    The […]

  • Satya Nadella, executive vice president of Microsoft’s Cloud and Enterprise group, is seen in this undated Microsoft handout photograph released on February 4, 2014. Microsoft Corp named Nadella as its next chief executive officer on Tuesday, ending a longer-than-expected search for a new leader after Steve Ballmer announced his intention to retire in August. Nadella is only the third CEO in Microsoft's 39-year history, following co-founder Bill Gates and Ballmer.  REUTERS/Microsoft/Handout via Reuters   (UNITED STATES - Tags: BUSINESS PROFILE SCIENCE TECHNOLOGY TPX IMAGES OF THE DAY) ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. NO SALES. NO ARCHIVES. THIS PICTURE IS DISTRIBUTED EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. MANDATORY CREDIT

    Microsoft Names Nadella As Next CEO, Thompson As Chairman

    SEATTLE  – Microsoft Corp named 22-year company veteran Satya Nadella as its next chief executive officer on Tuesday, ending a protracted search for a new leader after Steve Ballmer announced his intention to retire in August.
    Nadella called the appointment “humbling” in […]

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  • This image released by Universal Pictures shows Ice Cube, left, and Kevin Hart in a scene from the film, "Ride Along." (AP Photo/Universal Pictures, file)

    ‘Ride Along’ No. 1 For Third Week

    LOS ANGELES (AP) — With Super Bowl XLVII weekend in full swing, “Ride Along” remained strong, steering Universal Pictures into the No. 1 slot in a surprising three-week takeover at the box office.
    Topping multiplex sales since setting a January debut […]

  • A zoomed image of a computer screen showing the Amazon logo is seen in Vienna in this November 26, 2012, file photo. Amazon.com Inc reported a second-quarter net loss and issued cautious third-quarter forecasts on July 25, 2013, pressuring shares of the world's largest Internet retailer. REUTERS/Heinz-Peter Bader/Files (AUSTRIA - Tags: POLITICS BUSINESS)

    Amazon Warns Of Possible First-Quarter Loss, Stock Falls

    SEATTLE  – Amazon.com Inc missed Wall Street’s profit estimates for the crucial holiday period and cautioned investors about a possible operating loss this quarter, pushing its shares down more than 4 percent on Thursday.
    The world’s largest Internet retailer, which has spent […]

  • FILE - In this Thursday, Oct. 10, 2013, file photo, employees at Sheffield Platers Inc. work on the factory floor in San Diego. The Commerce Department releases fourth-quarter gross domestic product on Thursday, Jan. 30, 2014 (AP Photo/Lenny Ignelzi, File)

    Solid Growth Brightens Economic Outlook For 2014

    WASHINGTON — Consumers will spend more. Government will cut less. Businesses will invest more. And more companies will hire.
    Add it all up, and you can see why expectations are rising that 2014 will be the best year for the U.S. […]

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  • ‘Ride Along’ Runs Over ‘I, Frankenstein’

    ‘Ride Along’ Runs Over ‘I, Frankenstein’

    NEW YORK — The Kevin Hart comedy “Ride Along” continued to speed through a typically quiet box-office frame, while the monster thriller “I, Frankenstein” couldn’t be roused from the dead.
    Universal’s buddy cop comedy “Ride Along,” co-starring Ice Cube, cruised to […]

  • VIDEO: J.P. Morgan Gives CEO Jamie Dimon A Raise After Legal Woes

    VIDEO: J.P. Morgan Gives CEO Jamie Dimon A Raise After Legal Woes

    Despite paying an estimated $20 billion in legal settlements in 2013, J.P. Morgan raised the pay package of CEO Jamie Dimon to $20 million.

  • FILE - This image released by Universal Pictures shows Ice Cube, left, and Kevin Hart in a scene from "Ride Along." "Ride Along" is likely to roll into the top spot at the weekend box office when it faces off against "Jack Ryan: Shadow Recruit" and "Devil's Due." (AP Photo/Universal Pictures, Quantrell D. Colbert, File)

    ‘Ride Along’ Arrives In Top Position At Box Office

    LOS ANGELES  — “Ride Along” sped past box office records.
    The Universal buddy cop comedy featuring Kevin Hart and Ice Cube debuted with a hefty $48.6 million, marking the biggest debut for a film released in January. “Ride Along” rolled past […]

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  • President Barack Obama arrives to talks about the economy, jobs and manufacturing, Wednesday, Jan. 15, 2014, at North Carolina State University in Raleigh, N.C. (AP Photo/Carolyn Kaster)

    Obama Announces Manufacturing Institute In NC

    RALEIGH, N.C. (AP) — Making good on a promise from last year’s State of the Union to help create good-paying American jobs, President Barack Obama on Wednesday announced a new public-private manufacturing hub in North Carolina to develop next-generation power […]

  • Federal Trade Commission (FTC) Chair Edith Ramirez speaks at the FTC in Washington, Wednesday, Jan. 15, 2014, where she announced Apple will refund $32.5 million to consumers to settle a federal case involving purchases that kids made without their parents' permission while playing on mobile apps. (AP Photo/Susan Walsh)

    Apple Will Refund At Least $32.5M In App Case

    WASHINGTON (AP) — Apple will refund at least $32.5 million to consumers to settle a federal case involving purchases that kids made without their parents’ permission while playing on mobile apps, the government announced Wednesday.
    The Federal Trade Commission said Apple […]

  • FILE - In this May 11, 2012, file photo, people stand in the lobby of JPMorgan Chase headquarters in New York. JPMorgan Chase & Co., already beset by other costly legal woes, has agreed to pay $1.7 billion to settle criminal charges accusing the bank of ignoring obvious warning signs of Bernard Madoff's massive Ponzi scheme, federal authorities said Tuesday, Jan. 7, 2014. (AP Photo/Mark Lennihan, File)

    JPMorgan To Pay Over $2 billion In Madoff Fraud

    NEW YORK  — JPMorgan Chase & Co., already beset by other costly legal woes, will pay over $2 billion for ignoring obvious warning signs of Bernard Madoff’s massive Ponzi scheme, authorities said Tuesday.
    The bank will pay $1.7 billion to settle […]

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  • VIDEO: ’47 Ronin’ Flops, Could Be $175 Million Loss For Universal

    VIDEO: ’47 Ronin’ Flops, Could Be $175 Million Loss For Universal

    “47 Ronin” brought in only $20 million in its opening weekend, putting on track to be one of the biggest flops of the year.

  • FILE -This file film image released by Warner Bros. Pictures shows a scene from "The Hobbit: The Desolation of Smaug." “The Hobbit: The Desolation of Smaug” held off “Anchorman 2” on a busy weekend at the box office. According to studio estimates Sunday, Peter Jackson’s “Hobbit” sequel took in $31.5 million in its second weekend of release. That topped Will Ferrell’s “Anchorman” sequel, which nevertheless opened strongly in second place. (AP Photo/Warner Bros. Pictures)

    ‘The Hobbit’ Holds Off ‘Anchorman 2’ With $31.5M

    NEW YORK 12 — On a busy pre-Christmas weekend at the box office, “The Hobbit: The Desolation of Smaug” held off a very different sequel, “Anchorman 2: The Legend Continues.”
    Peter Jackson’s “Hobbit” sequel took in $31.5 million in its second […]

  • FILE -This file film image released by Warner Bros. Pictures shows a scene from "The Hobbit: The Desolation of Smaug." Per studio estimates Sunday Dec. 15, 2013, Warner Bros. "Hobbit: The Desolation of Smaug" was No. 1 at the weekend box office with $73.7 million.(AP Photo/Warner Bros. Pictures)

    ‘Hobbit’ Box Office Elite With $73.7M

    LOS ANGELES — Undaunted hobbits trumped princess power at the multiplex.
    Per studio estimates Sunday, Warner Bros. “Hobbit: The Desolation of Smaug” was No. 1 at the weekend box office with $73.7 million, besting last weekend’s No. 1 film, Disney’s animated […]

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  • FILE - In this Jan. 14, 2013, file photo, General Motors Senior Vice President Mary Barra is seen during presentation of the North American Car & Truck of the Year at the North American International Auto Show in Detroit. Barra was named GM CEO on Tuesday, Dec. 10, 2013, making her the first woman to lead a U.S. car company. (AP Photo/Carlos Osorio, File)

    GM Executive To Be 1st Woman To Head Major Car Co.

    DETROIT — Mary Barra has spent the past three years as General Motors’ product chief, making cars that drive better, last longer and look good in showrooms
    Now she will take on an even bigger job. On Tuesday, the board tapped […]

  • This undated photo provided by Christie's Auction House shows the Fender Stratocaster a young Bob Dylan played at the historic 1965 Newport Folk Festival. The festival was a defining moment that marked Dylan's move from acoustic folk to electric rock 'n' roll. The guitar was sold at auction on Friday, Dec. 6, 2013 for $965,000.  (AP Photo/Christie's Auction House, File)

    Dylan’s Electric Guitar Sells For Nearly $1M

    NEW YORK (AP) — Like Elvis’ no-hips-allowed appearance on “The Ed Sullivan Show,” or the Beatles’ arrival in America, or Woodstock, it is considered one of the milestone moments in rock history: Bob Dylan going electric at the 1965 Newport […]

  • This undated image provided by Amazon.com shows the so-called Prime Air unmanned aircraft project that Amazon is working on in its research and development labs. Amazon says it will take years to advance the technology and for the Federal Aviation Administration to create the necessary rules and regulations, but CEO Jeff Bezos said Sunday Dec. 1, 2013,  there's no reason Drones can't help get goods to customers in 30 minutes or less. (AP Photo/Amazon)

    Amazon.com Sees Delivery Drones As Future

    NEW YORK  — Amazon is working on a way to get packages to customers in 30 minutes or less – via self-guided drone.
    Consider it the modern version of a pizza delivery boy, minus the awkward teenager.
    Amazon.com Inc. says it’s working […]

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  • FILE - In this June 7, 2013 file photo, Doug McMillon, President and CEO, Wal-Mart International, speaks at the shareholders meeting in Fayetteville, Ark. Wal-Mart Stores on Monday, Nov. 25, 2013 announced that CEO and President Mike Duke is stepping down from those posts, and named McMillon as his successor, effective Feb. 1, 2014. (AP Photo/April L. Brown, File)

    Wal-Mart Stores CEO Steps Down; McMillon Successor

    BENTONVILLE, Ark. (AP) — Wal-Mart Stores CEO and President Mike Duke plans to step down Feb. 1. The company says Doug McMillon, head of international operations, will succeed him.
    Duke, 63, who had been with Wal-Mart since 1995, had been at […]

  • Walmart International Chief Executive Doug McMillon speaks at a news conference in Beijing, October 24, 2013. REUTERS/Kim Kyung-Hoon

    Wal-Mart Names McMillon To Replace Duke As CEO

    Wal-Mart Stores Inc (WMT.N) named company veteran Doug McMillon to replace Chief Executive Mike Duke, who will retire on January 31 after five years at the helm of the world’s largest retailer.
    McMillon, 47, is currently CEO of Wal-Mart’s international division. […]

  • Amazon CEO Jeff Bezos speaks at a news conference during the launch of Amazon's new tablets in New York, September 28, 2011. Amazon.com Inc unveiled its long-awaited tablet computer on Wednesday with a $199 price tag, potentially cheap enough to give Apple Inc's iPad some serious competition for the first time.  REUTERS/Shannon Stapleton (UNITED STATES - Tags: BUSINESS SCIENCE TECHNOLOGY TPX IMAGES OF THE DAY)

    Amazon Launches Sunday Deliveries

    Nov. 11 – Amazon’s Sunday delivery service could give it a leg up in the holiday shopping season and boost orders for the money losing U.S. Postal Service. Fred Katayama reports.

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  • FILE -In this Wednesday, Oct. 23, 2013, file photo, job applicants arrives for an internship job fair held by the Miami Marlins, at Marlins Park in Miami. The government issues the October jobs report, on Friday, Nov. 8, 2013, which had been delayed a week because of the government shutdown. ( AP Photo/Lynne Sladky, File)

    U.S. Businesses Boost Hiring Despite The Shutdown

    WASHINGTON (AP) — The 16-day government shutdown didn’t seem to hurt the economy after all.
    U.S. employers added a surprisingly strong 204,000 jobs in October, the Labor Department said Friday. And they added far more jobs in August and September than […]

  • Twitter CEO Dick Costolo, Chairman and co-founder Jack Dorsey, and co-founders Evan Williams and Biz Stone, front row left to right, applaud as they watch the the New York Stock Exchange opening bell rung, Thursday, Nov. 7, 2013.  If Twitter's bankers and executives were hoping for a surge on the day of the stock's public debut, they got it. The stock opened at $45.10 a share on its first day of trading, 73 percent above its initial offering price.  (AP Photo/Richard Drew)

    TWITTER IPO LIVE: Twitter Soars On First Trade Day

    NEW YORK (AP) — Twitter had a strong public stock debut Thursday in the most highly anticipated initial public offering since Facebook’s last year.
    Twitter’s stock opened at $45.10, or 73 percent above its $26 IPO price, and kept most of […]

  • VIDEO: Justin Bieber Invests $1.1 Million in Social Startup

    VIDEO: Justin Bieber Invests $1.1 Million in Social Startup

    The singing sensation is expanding his social savvy and investor skills with a stake in ‘Shots of Me.’

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