J.C. Penney Co Inc (JCP) said on Wednesday it would close 33 stores and cut 2,000 jobs as part of its efforts to return to profitability. Chief Executive Myron Ullman said in ..
Charter Communications Inc reached out to Comcast Corp this week about teaming up to buy Time Warner Cable Inc, after Time Warner Cable rejected its $37.3 billion buyout bid, ..
A Federal Reserve survey shows economic growth remained healthy in most U.S. regions in late November and December, helped by gains in consumer spending and factory output. ..
Apple Inc will refund consumers at least $32.5 million to settle a longstanding complaint that the technology company billed U.S. consumers for charges incurred by children th ..
Party leaders pushed a massive $1.1 trillion spending bill for this year through the House on Wednesday, shunning the turmoil of recent budget clashes with a compromise financ ..
(Reuters) - Bank of America Corp said on Wednesday its quarterly profit surged by nearly $3 billion as revenue increased and mortgage losses plunged, the clearest sign yet the ..
U.S. stocks rose on Wednesday, with the S&P 500 climbing to an all-time closing high after strong earnings from Bank of America and data signaled that the economy was impr ..
J.C. Penney Co Inc said on Wednesday it will close 33 underperforming stores and cut 2,000 jobs as part of its turnaround. The closings will generate cost savings of $65 milli ..
A former driver for Osama bin Laden and a witness linked to plots to bomb U.S. airliners may testify by video at the U.S. trial of Suleiman Abu Ghaith, a son-in-law of bin Lad ..
Earnings and economic news drive stocks for a second straight session ..