A federal bankrutpcy judge ruled Wednesday that federal courts will decide if Detroit is eligible for bankruptcy, staying challenges to the bankruptcy in state court.
Wall Street cheered Apple's rally following the upbeat quarterly report, but analysts remain hesitant to say this could be the turning point for the tech giant's bruised stock.
It's always interesting to watch the bears give up the fight, and it looks like the bulls have just scored another recruit.
Google's new Nexus 7 tablet is faster and lighter than the last generation, but the real surprise was a $35 stick that plugs into TVs for streaming music and videos.
Despite a major jump in mortgage interest rates in June, the nation's builders continued to pass on their own cost increases to buyers.
Michael Dell and Silver Lake Partners responded Wednesday to a demand for a higher bid from Dell's special committee, saying the $13.75 per share offered is a "full and fair price."
Caterpillar's earnings disappointment was caused by the company's undue optimism, and CEO Doug Oberhelman is to blame, CNBC's Jim Cramer says.
Former U.S. spy agency contractor Edward Snowden will stay in the transit zone of a Moscow airport for the time being while Russian authorities consider his temporary asylum request, a lawyer said.
"As a physician, I understand in a real way the damage Obamacare will to do medicine in South Dakota and the entire country," one of the doctors said in announcing her candidacy.
Boeing posted better-than-expected second-quarter results on Wednesday, helped by a 15 percent jump in commercial aircraft revenue.
Apple reported earnings and revenue that beat analyst forecasts - but the company's Achilles heel was plain for all to see: shrinking margins and slowing China sales.
Sales of new U.S. single-family homes vaulted to a five-year high in June, showing little signs of slowing in the face of higher mortgage rates.
A growing epidemic of overdoses of prescription painkillers is leading to record numbers of deaths, especially among women, the Centers for Disease Control and Prevention says.
Caterpillar reported a lower quarterly profit on Wednesday and cut its outlook for full-year earnings.
Nearly half of the mortgages modified in 2009 under the Obama administration's signature homeowner rescue effort are in default again, according to a new report.
PepsiCo posted better-than-expected earnings, and its CFO took a dig at Nelson Peltz's call for the company to cast off its soft drinks operations and buy Mondelez.
Ford Motor, reported better-than-expected second quarter earnings, as strong U.S. pickup truck demand and growing sales in China offset narrowing losses in Europe.
Interest rates for U.S. home mortgages dropped last week for the first time in two-and-a-half months, but demand for home loans still fell.
Daniel Loeb’s exit from Yahoo raises the question of whether he was out to create true value — or stir the pot. The New York Times reports.
Detroit's leaders have set an important precedent in siding with residents rather than unions and bondholders in their decision to declare the city bankrupt last week, Meredith Whitney wrote in the Financial Times.