Zach Pandl, Portfolio Manager & Strategist at Columbia Management Investment Advisers, says underlying inflation trends in the U.S. remain benign and explains what that means for Fed's policy.» Read More
NEW YORK— A law enforcement official and online marketplace StubHub say cyber thieves got into more than 1,000 customers' accounts and fraudulently bought tickets for events. The official told The Associated Press on Tuesday that arrests are expected in a case that sprawls across international borders.
NEW YORK— What I find fascinating about Amazon's Fire phone isn't the gizmos such as the 3- D imagery or the camera scanner that helps you get more information about products. Rather, I like that Amazon is thinking a lot about how phones ought to work. The Fire phone uses Android, but Amazon has modified it to the point that it's barely recognizable.
WASHINGTON— The Obama administration is developing a new way for religious nonprofits that object to paying for contraceptives in their health plans to opt out, without submitting a form they say violates their religious beliefs.
Treasury Assistant Secretary for Tax Policy Mark Mazur participates in panel, "Improving Inducements for Energy Innovation" at an event hosted by the Bipartisan Policy Center, "Driving Resources into Energy Innovation" in Washington- 1530 GMT.
PROVIDENCE, R.I.— The parent company of Gatehouse Media LLC on Tuesday announced an agreement to buy The Providence Journal and related print and digital assets from A.H. Belo Corp. for $46 million cash.
CALGARY, Alberta, July 22- Canada's largest pipeline company Enbridge Inc may build a 140,000 barrel per day unit train unloading terminal in Pontiac, Illinois, to relieve congestion on its crude oil export network.
SAN FRANCISCO, July 22- Broadcom Corp said on Tuesday it is winding down its money-losing cellular baseband chip business and cutting one-fifth of its total workforce, instead of selling the unit.
WASHINGTON— Congressional investigators using fake identities were able to obtain taxpayer-subsidized health insurance under President Barack Obama's law, according to testimony to be delivered Wednesday.
NEW ORLEANS— The August retrial of a former BP engineer accused of obstructing justice in an investigation of the 2010 Gulf of Mexico oil spill has been postponed while an appeals court decides whether a judge was right to throw out his earlier conviction.
SUNNYVALE, Calif.— Intuitive Surgical Inc. on Tuesday reported profit that decreased by 35 percent in its second quarter, and beat analysts' expectations. The Sunnyvale, California- based company said earnings declined to $104 million, or $2.77 per share, from $159.1 million, or $3.90 per share, in the same quarter a year earlier.
ARGENTINE PRESIDENCY ISSUES STATEMENT WITH NO REFERENCE TO WEDNESDAY DEBT TALKS IN NEW YORK.
BUENOS AIRES, July 22- Argentina's President Cristina Fernandez was meeting her economy minister on Tuesday to decide whether to send a team to debt negotiations in New York on Wednesday, a government source said. "At the moment, the economic team is meeting with the president... to evaluate all options," the source said on condition of anonymity.
BP PLC rose$. 25 or. 5 percent, to $50.97. ConocoPhillips rose $1.49 or 1.8 percent, to $86.02. Exxon Mobil Corp. rose$. 46 or. 4 percent, to $103.54.
Allergan fell$. 71 or. 4 percent, to $170.43. Boston Scientific Corp. rose$. 30 or 2.4 percent, to $12.85. Medtronic rose$. 30 or. 5 percent, to $62.71.
eBay rose$. 35 or. 7 percent, to $52.05. Groupon Inc. fell$. 03 or. 5 percent, to $6.23. LinkedIn Corp. rose $3.54 or 2.2 percent, to $165.50.
Canadian National Railway Co. rose $1.37 or 2.0 percent, to $69.35. Canadian Pacific Railway Ltd. rose $2.50 or 1.3 percent, to $198.03. Kansas City Southern rose $1.11 or 1.0 percent, to $116.55.
Kroger rose$. 69 or 1.4 percent, to $50.17. Safeway fell$. 03 or. 1 percent, to $34.79. Supervalu fell$. 02 or. 2 percent, to $8.89.
NEW YORK— Shares of some top drug benefits companies were up at the close of trading:. CVSCaremark rose$. 83 or 1.1 percent, to $77.87. Express Scripts Holding Co. rose$. 90 or 1.4 percent, to $66.64.
Hecla Mining Co. fell$. 03 or. 9 percent, to $3.25. Silver Standard Resources Inc. fell$. 22 or 2.3 percent, to $9.18. Silver Wheaton fell$. 22 or. 8 percent, to $26.49.
Colgate-Palmolive Co. fell$. 17 or. 2 percent, to $68.59. Kimberly-Clark Corp. fell $3.47 or 3.1 percent, to $108.84. Procter& Gamble Co. fell$. 18 or. 2 percent, to $80.10.