United Technologies reported earnings Wednesday that topped expectations, but profit declined amid large restructuring charges that saw the company close its largest-ever acquisition and sell several small units.
Growth in the U.S. economy will be aided by the domestic "energy revolution" and the pick-up in the housing market, Under Secretary of State Robert Hormats told CNBC on Wednesday.
Applications for U.S. home mortgages rose last week for the third week in a row, boosted by increased demand for refinancings,data from an industry group showed on Wednesday.
CBS has filed an amended lawsuit against Dish Network accusing the No. 2 U.S. satellite TV company of concealing material facts about its ad-skipping technology during contract negotiations in 2011.
JPMorgan Chase CEO Jamie Dimon has hit back at policymakers and new regulations, telling CNBC in Davos that some of the rules had made things more complicated and that many of the problems had still not been fixed.
House Speaker John Boehner indicated Tuesday that Republicans will vote on an extension of the federal debt ceiling to allow Treasury to borrow money until mid-May. The move would reverse the order of a series of expected debt and spending fights in Washington, an effort designed to put the GOP on more sound political footing.
Microsoft is rolling out its second version of its tablet called the Surface Windows 8 Pro on Feb. 9 with a starting price tag of $899.
Google reported fourth-quarter earnings that beat expectations, while revenue fell slightly short and its advertising rates fell less than in previous quarters. Shares rose after-hours.
The chip maker posted fourth-quarter earnings that beat analyst estimates, but warned that it's first-quarter results will miss forecasts.
The chipmaker's non-GAAP operating loss was narrower than analysts' were anticipating, sending shares higher in extended hours trading.
IBM reported quarterly earnings and revenue Tuesday that exceeded analysts' predictions. Shares rose after-hours.
Dish Network Corp. says it plans to close about 300 Blockbuster stores across the country, affecting about 3,000 employees.
The ongoing investigation of faulty lithium-ion power packs on the new 787 Dreamliner could have implications far beyond the aerospace industry, NBC News reports.
More than a quarter of Americans spent less than they had expected during December's holiday rush, according to a Bankrate study.
Optimistic shareholder expectations seem out of kilter with weak projections for global economic growth. Companies must grow rapidly to meet analyst expectations.
The S&P 500 has only one more psychological barrier to break through as it continues its trek toward what many consider to be an inevitable new high.
Microsoft Chief Executive Steve Ballmer is not the right leader for the world's largest software maker, claims a former senior executive.
Nebraska Gov. Dave Heineman has approved a new route for the Keystone XL oil pipeline that avoids the environmentally sensitive Sandhills region.
Southwest announced a new $40 fee to let passengers board early — the latest carrier to charge additional fees for everything from priority boarding to guaranteed seats next to your kids.
CEOs, many of whom are gathering in the Swiss ski resort of Davos for this year's World Economic Forum, are feeling less optimistic about their companies' growth prospects than last year or the year before, PwC said Tuesday.