General Motors is likely to report a big hit to earnings Thursday as it continues to work through its ongoing recall problems.Industry analysts forecast GM would deliver a meager 9 cents per share in earnings for the first three months of 2014.
Facebook's mobile advertising business continued to accelerate in the first three months of the year, helping the Internet social networking company top Wall Street's revenue target.Shares of Facebook were up nearly 3 percent at $63.05 in after-hours trading Wednesday.
Apple posted quarterly earnings and revenue that topped estimates Wednesday and announced a 7-for-1 stock split and an 8-percent dividend increase.The news sent Apple stock soaring over 8 percent in after-hours trading in New York.The company reported earnings of $11.62 a share, on revenue of $45.
Facebook's stock first dropped, then rose, after the company reported earnings that beat investor expectations Wednesday.Chief Financial Officer David Ebersman also said he would step down from the company on June 1, to be succeeded by David Wehner, former CEO of Zynga.
Stocks were mixed on Wednesday, with Wall Street retreating after a sixth day of gains for the S&P 500 and Nasdaq, as Wall Street gauged earnings from companies including Boeing and AT&T and awaited quarterly results from Apple.
Current and former graduate students, we want to hear from you for an upcoming project.When you were faced with the tuition for your graduate program, did you opt to take out loans to get you through? Why or why not?
Pincus, who founded the social gaming company in 2007, will no longer have employees under his purview.
Apple posted quarterly earnings and revenue that topped estimates Wednesday, and announced a 7-for-1 stock split.The company reported earnings of $11.62 a share, on revenue of $45.6 billion. Analysts expected the company to report earnings excluding items of $10.18 a share on $43.
David Ebersman -- the CFO who took Facebook public and attracted scrutiny for its rocky initial ride -- is departing the company later this year.
Stocks slipped on Wednesday, with Wall Street retreating after a sixth day of gains for the S&P 500 and Nasdaq, after data had new home sales declining and companies including Boeing and AT&T reported quarterly results.
BEIJING - A wage dispute at a huge sneaker factory that supplies brands including Adidas and Nike escalated Wednesday, highlighting the growing problems faced by China’s manufacturing powerhouse.Workers at the plant – owned by the world's largest maker of sneakers, Yue Yuen – earn as little as $1.
New Zealand topped a list of 22 nations as Chinese tourists' favorite destination for the first time, according to a survey by the China Tourism Academy.The quarterly poll measures travelers' satisfaction across key indicators including public services, environmental conditions and security.
It's not only Uncle Sam that needs money. State governments also collect tax revenues—even the seven that don't have a state income tax. But some of them do a better job at giving taxpayers a bang for their buck—or to put it into Wall Street terminology, give better return on investment or ROI.
When spending six figures or more on a luxury sports car, most buyers inspect every inch to make sure there are no marks on it, but this 2002 Aston Martin Vanquish is the ultimate exception to that rule — the more marked up, the more valuable it is.
Bouquets aren't the only thing flying high at weddings this year. A new American Express study finds the average cost to attend a wedding is surging to $592, up 75 percent from two years ago.That doesn't even include the cost of gifts.
Four Seasons has a new weapon in the luxury travel wars: its own Boeing 757.The Toronto-based luxury resort company said Wednesday that it's launching the first Four Seasons-branded private jet.
Sales of new U.S. single-family homes tumbled to their lowest level in eight months in March, dealing a setback to the housing market recovery.Sales dropped 14.
Social network giant Facebook Inc has won U.S. antitrust approval to buy Oculus VR Inc, a two-year-old maker of virtual reality goggles, the Federal Trade Commission said on Wednesday.Facebook said on March 25 that it planned to buy Oculus for $2 billion in its first-ever hardware deal.
Working moms, we want to hear from you: What do you really want for Mother's Day? An extra person who can pick up your children from school on early release day? A magical outfit that never wrinkles and hides that baby weight?
A new "state of the Internet" report shows more people around the world are connected, and they're doing so at faster speeds. But as the Internet grows, so does the number of cyberattacks.
It’s been hard enough teaching people how to save for their retirement. It could be even more difficult to teach them how to spend that nest egg.
Five former Buffalo Bills cheerleaders have sued the team over a pay system they say had them working hundreds of hours for free at games and at mandatory public appearances at which they were subjected to groping and sexual comments.
Tony Soprano is coming to Amazon Fire TV. The dragons from “Game of Thrones,” however, are taking their sweet time.When Amazon Fire TV launched earlier this month, many critics liked the device, but had two complaints: The voice search did not work for services like Netflix and there was no HBO GO.
Nepal, which relies heavily on income from tourism at the world's highest peaks, will be struggling to keep an economic foothold if Sherpa guides decide to boycott this year’s climbing season, tour operators and mountaineering experts say.
Less-educated Americans desperate for work may not be finding a job online for one simple reason: The job they want isn’t being posted there.
The judge reserved his decision and will issue his ruling sometime in the future, according to the court clerk's office.
U.S. safety regulators have opened an investigation to determine if the emergency braking system on General Motors Co.'s 2014 Chevrolet Impala is defective.There are an estimated 61,000 Impala sedans in the United States.
The Internal Revenue Service has paid more than $2.8 million in bonuses to employees with recent disciplinary problems, including $1 million to workers who owed back taxes, a government investigator said Tuesday.
Dorian Nakamoto, the man alleged by Newsweek to be the creator of cryptocurrency bitcoin, appeared in a video Tuesday to once more deny the allegations and thank the people who had donated to a fundraiser benefiting his family.
Apple has sued Samsung for infringement of five patents and argued it should have to pay upwards of $2 billion.