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Philadelphia

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  • *Japan, Europe tumble after weak data from China, euro zone. NEW YORK, May 23- Stock markets around the world fell on Thursday, extending the previous day's steep decline on concerns over the pace of global economic growth and when the U.S.

  • *Japan, Europe tumble after weak data from China, euro zone. European shares ended down 2 percent while Japan plummeted 7.2 percent on weak data from China and Europe.

  • *Nikkei drops 7 pct, Wall Street down for second day. NEW YORK, May 23- Stock markets worldwide fell sharply on Thursday as surprisingly weak data from China and Europe raised worries about slow growth a day after U.S. Federal Reserve chief Ben Bernanke broached the possibility of reducing stimulus that has buoyed investor confidence.

  • *Investors to focus on Bernanke's remarks before Congress. NEW YORK, May 22- U.S. Treasuries prices were little changed on Wednesday as investors awaited possible hints from Federal Reserve Chairman Ben Bernanke on whether the U.S. central bank might slow its purchases of bonds this year.

  • May 21- A new type of asthma drug meant to attack the underlying causes of the respiratory disease slashed episodes by 87 percent in a mid-stage trial, making it a potential game changer for patients with moderate to severe disease, researchers said on Tuesday.

  • May 21- A new type of asthma drug meant to attack the underlying causes of the respiratory disease slashed episodes by 87 percent in a mid-stage trial, making it a potential game changer for patients with moderate to severe disease, researchers said on Tuesday.

  • HOUSTON/ MILAN, May 16- A trio of hawkish regional Federal Reserve officials are calling for the U.S. central bank to stop buying mortgage-backed bonds, citing the recent improvement in the housing market.

  • NEW YORK, May 15- Qatar Airways' top executive said the Middle Eastern carrier wants to be a launch customer for Boeing Co's forthcoming 777 X mini-jumbo jet, and that the airline plans to open at least three new routes to the United States in the next 12 to 18 months. "

  • Qatar Air wants to be launch customer for Boeing 777X-CEO Wednesday, 15 May 2013 | 2:54 PM ET

    NEW YORK, May 15- Qatar Airways' top executive said the Middle-Eastern carrier wants to be a launch customer for Boeing Co's forthcoming 777 X mini-jumbo jet, and that the airline plans to open at least three new routes to the U.S. in the next 12 to 18 months. "

  • May 13- Michigan's biggest city is "clearly insolvent" and needs to restructure its debt and renegotiate its labor contracts to address its problems, Detroit's emergency financial manager said on Monday.

  • *Core U.S. retail sales rise 0.5 percent in April. *Yum Brands falls as monthly Chinese sales drop. NEW YORK, May 13- U.S. stocks were mostly flat on Monday as investors paused following a rally that took indexes to record highs, though a strong read on retail sales limited declines and the Nasdaq ticked up on a rally in Netflix.

  • LOS ANGELES, May 12- Disney's ABC network will become the first broadcast network to stream its shows live online through an ongoing service, starting with viewers of its TV stations in New York and Philadelphia on May 14 and expanding to its other stations by the end of the summer.

  • YOUR MONEY-Flush baby boomers funding big family trips Wednesday, 8 May 2013 | 12:20 AM ET

    NEW YORK, May 8- When Barbara Grover and her husband received an inheritance they were not expecting five years ago, they planned a luxurious family trip. Rather than plowing the money back into retirement savings, the Grovers took their two daughters as well as their spouses and children along on an eight-day safari in Tanzania.

  • Meritor, a joint venture of Meritor Inc, indirect subsidiary Meritor Transmission Corp and Z.F. Friedrichshafen AG, had said Eaton violated antitrust laws via its exclusive deals with truck manufacturers.

  • US Companies' Earnings Beating Forecasts...So Far Sunday, 28 Apr 2013 | 7:06 PM ET

    US companies have easily beaten expectations for first-quarter earnings so far, but analysts don't expect the rest of the season to be as robust.

  • NEW YORK, April 28- U.S. companies have easily beaten expectations for first-quarter earnings so far in the reporting season, but nearly half of the members of the S&P 500 are yet to announce results and they are unlikely to be as robust.

  • *Boeing rallies after results, offsets Dow and S&P losses. NEW YORK, April 24- U.S. stocks edged lower on Wednesday as weaker-than-expected economic data and disappointing earnings, including some from the biggest corporate names, overshadowed a rally in Boeing shares.

  • Russell Golden, 42, was named chairman of the seven-member U.S. Financial Accounting Standards Board by its parent organization, the Financial Accounting Foundation. A former FASB staff member and a former partner at accounting giant Deloitte& Touche LLP, Golden will replace Leslie Seidman, whose term as chair expires at the end of June.

  • *U.S., China, Germany factory data stoke growth concerns. Tuesday's data from the United States, China and Germany showed manufacturing activity either contracted or slowed in April, stoking worries of a deterioration in global demand in the second quarter for a third straight year. "

  • NEW YORK, April 22- The dollar slipped against the Japanese yen on Monday but remained within a hair's breadth of the key 100 level while global equities erased earlier losses as Wall Street attempted a rebound after its worst weekly decline this year.

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