The United States Securities and Exchange Commission is targeting 10 firms in a high frequency trading probe, according to an SEC document.» Read More
JEFFERSON CITY, Mo.— A national freight brokerage firm plans to open a new office in St. Louis that could employ 95 people within the next five years. With the addition of the Missouri office, the company will have locations in 14 states and employ more than 2,800 people.
*Caterpillar drags on Dow; Facebook at record on results. *Amazon shares fall after market's close; Baidu rallies. NEW YORK, July 24- U.S. stocks finished a quiet session mostly flat on Thursday as earnings painted a mixed picture of the economy, though the S&P 500 set another record closing high.
*Caterpillar drags on Dow; Facebook stock at record on results. NEW YORK, July 24- U.S. stocks ended a quiet session on Thursday as earnings painted a mixed picture of the economy, though the S&P 500 set another record closing high. Recent gains on Wall Street have been fueled by earnings, which have been strong this quarter.
At least eight European law firms are pitching their services to major U.S. law firms and Wall Street banks, hoping that U.S. companies considering an inversion choose Ireland, Britain or the Netherlands for their new tax domicile, according to people with knowledge of the matter.
*Caterpillar weighs on Dow, Facebook hits record on results. NEW YORK, July 24- U.S. stocks barely budged on Thursday as corporate earnings painted a mixed picture of the economy, though the S&P 500 eked out a record intraday high for the third straight session.
PORTLAND, Ore., July 24- An Oregon citizens' initiative that would require labeling of foods made with genetically modified ingredients has garnered more than enough signatures to gain a spot on the state's November ballot, a state government spokesman said on Thursday. "It cleared easily," said Tony Green, a spokesman for the Oregon Secretary of State's Office.
Midwest but feared as a factor in the decline of U.S. honey bee colonies and other crop pollinators, has been found to be widespread through rivers and streams in Iowa, according to a government study released on Thursday.
DEARBORN, Mich., July 24- Ford Motor Co's operating earnings for the second quarter beat Wall Street expectations as better-than-expected profit in North America and Europe countered weaker results in Asia Pacific and South America.
WASHINGTON— Out of a seemingly hollow recovery from the Great Recession, a more durable if still slow-growing U.S. economy has emerged. That conclusion, one held by a growing number of economists, might surprise many people. After all, in the five years since the recession officially ended, Americans' pay has basically stagnated.
July 22- U.S. motorcycle maker Harley Davidson Inc came late to the offshoring game. For Harley-Davidson, they turned a happy debut into a near-debacle, as its second-quarter earnings released on Tuesday showed.
BISMARCK, N.D.— North Dakota's congressional delegation is pressing Canadian Pacific Railway to provide details of its backlog of grain shipments, saying farmers need detailed information with fall harvest fast approaching. But Sen John Hoeven, R- N.D., Sen. Heidi Heitkamp, D- N.D., and Rep.
ST. LOUIS— Peabody Energy Corp. on Tuesday reported a second-quarter loss after posting a profit in the same period a year earlier. The St. Louis- based company reported a loss of $73.3 million, or 27 cents per share, compared with a profit of $90.3 million, or 33 cents per share, in the same quarter a year earlier.
RENO, Nev.— A Utah company's cancellation of an annual fun run featuring a muddy, foamy obstacle course has left participants out of money in Nevada, Oregon and other states. Registered runners for the 5 K Foam Fest set for Aug. 2 in Reno received an email Thursday from Spanish Fork, Utah- based Round House Racing saying it went out of business and the event was canceled.
A Congressional Budget Office report earlier this year lent some support for that view. It found that a minimum wage of $10.10 an hour, as President Obama supports, could cost 500,000 jobs nationwide.
Groeneveld said the Navy was still reviewing lessons learned from the exercise, which took place aboard the USS Carl Vinson off the coast of southern California. The exercise could help Navy officials make the case for adding EA-18G Growlers to the five planes now slated to go on each of the Navy's 11 aircraft carriers in coming years.
The California cities of San Jose, Vallejo and San Diego all saw a heightened threat, as new fault lines have been recently discovered, the report said. It also upgraded the risks facing parts of the central and eastern United States, singling out areas near New Madrid, Missouri, and Charleston, South Carolina.
ST. LOUIS— A former procurement officer for The Boeing Company in St. Louis pleaded guilty Friday to federal fraud charges for his role in a bribery and kickback scheme involving military aircraft parts sold to Boeing.
WASHINGTON— Since the Great Recession officially ended in June 2009, the U.S. economy has generated 7.8 million jobs. North Dakota, benefiting from an oil and gas drilling boom, has created nearly 98,000 jobs over the past five years, a 27 percent increase-- by far the best in the country.
NEW YORK, July 17- The U.S. Securities and Exchange Commission has been seeking information on 10 registered broker dealers as part of an ongoing investigation into high-frequency trading strategies, according to an internal SEC document reviewed by Reuters.
LOS ANGELES— In a story July 16 about pet suites being offered in some of its new homes, The Associated Press reported erroneously the number of home communities being built by Standard Pacific Homes.