U.S. court upheld a ban on political ads on public television and radio stations, rejecting an argument it violates the First Amendment.» Read More
Retailers from Macy's Inc to Wal-Mart Stores Inc are responding with massive discounts, which are likely to hurt margins. The San Francisco- based company, known for its namesake, Old Navy and Banana Republic brands, reaffirmed its profit forecast of $2.57 to $2.65 per share for the year ending in February.
SAN FRANCISCO, Nov 21- After months of misfires, the U.S. Traders now do not see the Fed raising short-term borrowing costs until at least July 2015, if not later, based on trading in CME Group's Fed funds futures.
NEW YORK, Nov 21- Prices for U.S. "The Philly Fed number offset the decent claims data," said Kim Rupert, managing director of fixed-income analysis at Action Economics in San Francisco. Investors are trying to gauge when the Fed might pull back on its $85 billion per month in buying of Treasuries and mortgage-backed securities.
Gap Inc on Thursday reported a higher third-quarter profit, helped by modest sales gains, but stuck to its earlier profit forecast for the year.
NEW YORK, Nov 21- A federal judge on Thursday denied a petition to release alleged Silk Road founder Ross Ulbricht from jail before his trial, concluding that the bail proposal his defense team presented was not strong enough to dispel worries that the 29- year-old would try to flee or take violent action.
SAN FRANCISCO, Nov 18- Salesforce.com Inc on Monday said quarterly revenue rose 36 percent to $1.08 billion, narrowly beating Wall Street expectations, as its June acquisition of email marketing firm ExactTarget boosted sales.
SAN FRANCISCO, Nov 18- Salesforce.com Inc on Monday reported quarterly revenue of $1.08 billion, slightly topping analyst expectations of $1.06 billion. Excluding certain items, the cloud-computing company earned 9 cents per share, in line with expectations of analysts, according to Thomson Reuters I/B/E/S.
NEW YORK, Nov 18- Five years of rapid-fire money printing at the U.S. The froth can be seen in everything from Pakistan's stock market to thoroughbred racehorses, rare paintings and gemstones, taxi licenses and the digital currency Bitcoin.
*Shares of Qualcomm, Synaptics rise as sales to China grow. *China market big enough to support latecomers- analysts.
Activist hackers linked to the collective known as Anonymous have accessed U.S. government computers in multiple agencies, the FBI warned.
BOSTON/ SAN FRANCISCO, Nov 15- Activist hackers linked to the collective known as Anonymous have secretly accessed U.S. government computers in multiple agencies and stolen sensitive information in a campaign that began almost a year ago, the FBI warned this week.
WASHINGTON, Nov 15- The U.S. Postal Service reported on Friday that it managed to slow the hemorrhaging of cash in its latest fiscal year, but said a legislative fix is still needed to put it on a sound financial footing.
The USPS also said that for the first time since 2008 operating revenues rose, to $66 billion from $65.2 billion last year. Still, this was the seventh consecutive year of overall USPS losses as first-class mail volumes continued to tumble, with more Americans communicating and paying bills electronically.
U.S. technology companies may face new challenges selling their goods and services in China as fallout from the U.S. spying scandal takes a toll.
NEW YORK/ BOSTON, Nov 14- Top U.S. hedge fund managers in the third quarter bought and sold shares of such hotly debated companies as Herbalife Ltd, J.C. Penney Co and Sotheby's. Ellington Management Group LLC, a $5.5 billion investment firm founded by Michael Vranos, took a new position in auction house Sotheby's, as did Eric Mindich's Eton Park Capital Management.
SINGAPORE, Nov 14- U.S. technology companies including Cisco Systems Inc, International Business Machines Corp and Microsoft Corp may face new challenges selling their goods and services in China as fallout from the U.S. spying scandal starts to take a toll.
BOSTON/ NEW YORK, Nov 14- Top U.S. hedge fund managers in the third quarter bought and sold shares of such hotly debated companies as Herbalife Ltd, J.C. Penney Co and Sotheby's.
SEATTLE, Nov 14- Boeing workers' rejection of a new labour deal has sent the U.S. planemaker in search of alternative sites to build its newest jet and could mark the beginning of the end for wide-body aircraft manufacturing in the Seattle area.
Boeing Co. machinists soundly rejected a new labor contract on Wednesday that would have let them build the company's newest jetliner in Washington.
SEATTLE, Nov 13- Boeing Co workers finished voting on a landmark labor contract on Wednesday, with results due around 9 p.m. Pacific Time on a historic decision that could forever alter the course of Boeing's presence in Washington state.