Dow looks to erase 2016 nightmare on Wall Street

The Dow hasn’t done it yet, but it’s close to erasing all the red ink that drenched it at the then-worst start to a year ever. The Dow Jones industrial

Read More

Apple expected to pay $450M in e-book case

Apple is expected to pay $450 million after the Supreme Court on Monday refused to consider the tech giant’s appeal of a ruling that found the company conspired with five

Read More

27 giant profitable companies paid no taxes

Death and taxes are supposed to be two certainties of life. But a few companies have at least escaped the taxes part. There are 27 companies in the Standard &

Read More

Stock storyline shifts from ‘worst start to year’ to not too bad

The worst start to a year ever for the U.S. stock market doesn’t seem so bad now, following a bounce-back rally that has pulled stocks close to 2% of where

Read More

Amazon drops encryption from Fire devices

Retailing giant Amazon confirmed Friday it removed local encryption from its Kindle Fire devices, as it throws support to Apple in its fight over an encrypted iPhone. “In the fall

Read More

Jobs Friday clashes with March Fed meeting

It’s Jobs Friday. That means the monthly Wall Street guessing game, “Will they or won’t they hike?” will kick off after the federal government lets the world know how many

Read More

Kate Spade earnings fall short of forecasts

Kate Spade & Co. (KATE) on Tuesday reported fourth-quarter net income of $61.5 million. The New York-based company said it had net income of 48 cents per share. Earnings, adjusted

Read More

Carl Icahn posts worst loss since 2008

Carl Icahn, who briefly flirted with a role as Donald Trump’s Treasury Secretary, just posted his worst investment losses since the dark days of the financial crisis. The 80-year-old investor’s

Read More

VW sales fall as diesel scandal drags on

The Volkswagen brand saw a drop of 13.2% in sales last month as it continues to reel from the inability to sell its diesel car models due to the scandal

Read More

Zuckerberg climbs Forbes billionaires list

Facebook is making people a lot of money. Facebook CEO Mark Zuckerberg climbed one spot to sixth on Forbes magazine’s 2016 list of the world’s richest people, with a net

Read More