Business News
Stock indexes fell on Wall Street on fear the Federal Reserve could pull back from its stimulus programs soon.After surging early in the day, stocks fell as investors digested minutes of a Fed meeting that suggested the stimulus could be scaled ...more
NEW YORK (AP) — "Jenny from the Block" wants the block to buy Verizon phones from her.Singer and actress Jennifer Lopez on Wednesday announced she's opening a chain of 15 cellphone stores and a website under the Viva Movil brand. The aim is to s ...more
NEW YORK (AP) — "Jenny from the Block" wants the block to buy Verizon phones from her.Singer and actress Jennifer Lopez says she's opening a chain of cellphone stores and a website under the Viva Movil brand. The aim is to sell Verizon phones an ...more
VIENNA (AP) — The U.N. atomic agency on Wednesday detailed rapid Iranian progress in two programs that the West fears are geared toward making nuclear weapons, saying Tehran has upgraded its uranium enrichment facilities and advanced in building a plut ...more
The Cleveland Cavaliers are on top of the NBA draft yet again, only this time there is no LeBron James waiting to save them. There may not even be a Kyrie Irving.The first big NBA draft question was answered Tuesday night when the Cavaliers won ...more
WASHINGTON (AP) — The Federal Reserve is torn over when to slow its aggressive efforts to stimulate the economy.Its uncertainty burst into view Wednesday, when Chairman Ben Bernanke testified to Congress in the morning and the Fed in the afterno ...more
NEW YORK (AP) — A day after New York City FC was born, Claudio Reyna became the team's first employee.The former U.S. national team captain was hired Wednesday as NYCFC's director of football and tasked with the job of putting together an on-fie ...more
NEW YORK (AP) — Key currency exchange rates Wednesday, compared with late Tuesday in New York:<table> <tr> <td>Dollar vs:</td> <td>Exchange</td> <td>Rate</td> <td>Pvs</td> <td>Day</td> </tr> <tr> <td>Ye ...more
Gold prices are sinking as traders weigh the possibility that the Federal Reserve will start paring back its support for the economy in the coming months.Gold for June delivery fell $10.20 to settle at $1,367.40 an ounce, a drop of 0.7 percent.< ...more
NEW YORK (AP) — Wal-Mart Stores Inc. named Dan Bartlett, most recently president and CEO of the U.S. arm of global business advisory firm Hill & Knowlton Strategies, as its new executive vice president of corporate affairs.Bartlett has also ...more
