The Metropolitan Opera plays hardball with unions, vowing a lockout without union concessions before a midnight Thursday deadline.» Read More
WASHINGTON— One of the country's largest overseers of troubled home loans, Nationstar Mortgage Holdings Inc., is quietly trying to sell a $100 million insurance agency that doesn't appear to exist. Harwood Service Co. has no website, no independent offices and only a single registered agent.
BEIJING, Aug 1- U.S. public relations firm Edelman said on Friday it did not know the whereabouts of its China chief, who has been helping Chinese authorities with an unspecified investigation.
MOSCOW, Aug 1- Russia's largest lenders, Sberbank and VTB, are likely to lead a decline in Moscow shares on Friday after being hit by sanctions, with a slump in U.S. markets on global economy concerns and tensions with Russia also weighing.
Private prison companies Geo Group and competitor Corrections Corporation of America, for example, stand to gain if Congress approves any emergency funding for family detention facilities.
*Nonfarm payrolls forecast rising 233,000 in July. WASHINGTON, Aug 1- U.S. job growth likely cooled a bit in July, but retained enough momentum to suggest the economy remained on solid ground. "As long as we have job growth going in the right direction and the labor market tightening up, we are still in a good place," said Robert Dye, chief economist at Comerica in Dallas.
HONG KONG— World stock markets sank on Friday, with European benchmarks opening sharply lower after Wall Street's sharp sell-off. London's FTSE 100 dropped 1.1 percent to 6,656.19. ASIA'S DAY: Japan's benchmark Nikkei 225 index dropped 0.6 percent to close at 15,523.11 and Hong Kong's Hang Seng fell 0.9 percent to 24,532.43.
The SEC's Office of Inspector General started the investigation after Reuters published information about the regulator's decision, taken in a closed-door meeting on Sept. 12, 2013, to settle its probe into JPMorgan Chase& Co's massive London Whale trading loss. The SEC made its decision public on Sept. 19, 2013.
NEW YORK, July 31- A long-predicted dollar rally appears at last to be taking hold, with the greenback ending July with its best monthly performance in 17 months and investors positioning for the first post-crisis U.S. interest rate increase.
BUENOS AIRES, July 31- Argentina's bond and stock markets and peso currency dropped on Thursday after Latin America's No. 3 economy defaulted for the second time in 12 years after the failure of last-ditch talks with holdout creditors.
NEW YORK— Shares of some top telecom companies were down at the close of trading:. AT&T Inc. fell$. 77 or 2.1 percent, to $35.59. Verizon Communications Inc. fell $1.34 or 2.6 percent, to $50.42.
American Express Co. fell $2.91 or 3.2 percent, to $88.00. Capital One Financial Corp. fell $2.02 or 2.5 percent, to $79.54. Discover Financial Services fell $1.49 or 2.4 percent, to $61.06.
American Electric Power Co. fell $1.01 or 1.9 percent, to $51.99. Consolidated Edison Inc. Holding Co. fell$. 70 or 1.2 percent, to $56.09. Dominion Resources Inc. fell $1.33 or 1.9 percent, to $67.64.
Baxter International Inc. fell $1.40 or 1.8 percent, to $74.69. Bristol-Myers Squibb Co. fell$. 50 or 1.0 percent, to $50.62. Hospira fell$. 74 or 1.3 percent, to $55.47.
BP PLC fell$. 57 or 1.2 percent, to $48.97. ConocoPhillips fell $2.13 or 2.5 percent, to $82.50. Exxon Mobil Corp. fell $4.31 or 4.2 percent, to $98.94.
NEW YORK— A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:. The shares fell$. 47 or 4.9 percent to $9.20. CBS Corp. A: Approximately 118,800 shares changed hands, a 1,867.0 percent increase over its 65- day average volume.
Arch Coal rose$. 03 or 1.0 percent, to $2.97. Consol Energy Inc. fell $1.05 or 2.6 percent, to $38.82. Peabody Energy fell$. 27 or 1.7 percent, to $15.17.
eBay fell$. 40 or. 8 percent, to $52.83. Groupon Inc. rose$. 09 or 1.4 percent, to $6.47. LinkedIn Corp. fell $6.65 or 3.6 percent, to $180.64.
Kohl's Corp. fell$. 02 or percent, to $53.54. Macy's Inc. fell$. 82 or 1.4 percent, to $57.79. Nordstrom fell$. 96 or 1.4 percent, to $69.23.
Hecla Mining Co. fell$. 15 or 4.5 percent, to $3.16. Pan American Silver Corp. fell$. 26 or 1.7 percent, to $14.68. Silver Standard Resources Inc. fell$. 16 or 1.7 percent, to $9.18.
Comcast Corp. fell $1.68 or 3.0 percent, to $53.73. Walt Disney Co. fell $1.33 or 1.5 percent, to $85.88. Gannett fell$. 81 or 2.4 percent, to $32.72.