CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories. Retailers head back to school. The Fed meets next week, and Friday brings a big labor report.» Read More
The June 2010 letter that led to Mark V. Hurd’s downfall as the head of Hewlett-Packard paints a portrait of an executive who sought to impress a contract employee with his connections and wealth, The New York Times reports.
Futures were little changed on the last session of the year on Friday, with no notable economic data or earnings reports on tap.
Stocks climbed steadily to finish near their best levels Thursday as the euro erased its drop versus the greenback and after a handful of better-than-expected economic data.But volume remained thin in the final week of trading for the year.
For beleaguered investors in Research in Motion, the drastic collapse of the company’s share price through 2011 eventually became a cause for optimism. In December, shares of the BlackBerry maker spiked on reports that several technology titans could be suitors. But the optimism has been fleeting. The New York Times reports.
Let's face it, we've been lied to a LOT in the past few years. Let's you and me make a pact — right here, right now — to fall for fewer fibs in the new year. Here are some tips for how to spot a liar.
Futures held their modest gains Thursday even after a slight increase in weekly unemployment benefits and mixed results from the Italian bond auction.
Stocks finished near their worst levels Wednesday, with the S&P falling into negative territory for the year, as the euro tumbled and investors remained on the sidelines amid what is expected to be a light news week.
If the U.S. economy is to grow in 2012, it may have to do so on the backs of mergers and acquisitions activity, which is expected to be healthy again after a strong 2011.
U.S. stock index futures pointed to a higher open for Wall Street on Wednesday, after yields in an auction of short-term Italian debt halved, indicated increased investor appetite for the debt.
Stocks finished flat in a thin, lackluster session Tuesday as investors took a breather following a strong rally in the previous week.
Futures edged lower Tuesday after the S&P/Case-Shiller home price index showed a broad-based decline in the fourth quarter.
Wall Street stocks closed higher Friday as the S&P 500 rallied for a fourth straight day and turned positive for the year after a run of better-than-expected economic data.
U.S. stock index futures pared gains Friday after mixed data on U.S. durable goods orders and consumer spending.
Asia's private equity firms face a shrinking pool of bank loans as European lenders pull back from the region, crimping both investments and re-financings for buyout-backed companies and adding to the list of challenges the industry will meet in 2012.
Stocks picked up some momentum into the afternoon session, as banks gained more than 2 percent and Wall Street shook off fears of a global economic slowdown.
Futures pointed to a higher open for Wall Street as investors looked for more indications on the strength of the U.S. economic recovery and whether the latest proposal to solve the European sovereign debt crisis will prove effective.
German airline Lufthansa has sold its British unit BMI for 172.5 million pounds ($271 million) to International Airlines Group (IAG), the holding company for the merged British Airways and Iberia.
Stocks moved lower Wednesday as an aggressive move from the European Central Bank to stem the sovereign debt crisis raised questions about just how much more will need to be done.
US stock index futures pointed to a higher open on Wall Street Wednesday as the European Central Bank (ECB) offered 489.2 billion euros ($643.8 billion) in an auction of three-year loans, much higher than estimated, with a total of 523 bidders.
Federal authorities investigating the collapse of MF Global have uncovered e-mails that detail the transfers of money in the firm’s last days, including transfers that contained customer money, according to people close to the investigation. The New York Times reports.
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