Hewlett-Packard, eBay, Barnes & Noble—the rash of spinoff announcements has been dizzying. Should investors cheer on for more or take caution?» Read More
Treasury Secretary Timothy Geithner on Tuesday defended the government's rescue of American International Group Inc in September 2008, saying it was necessary to prevent the country from plunging into a second Great Depression. Geithner's comments came in testimony in the trial of a lawsuit brought by Hank Greenberg, a major AIG shareholder until the...
WASHINGTON, Oct 7- Former U.S. Treasury Secretary Timothy Geithner on Tuesday defended the government's rescue of American International Group Inc in September 2008, saying the action was necessary to prevent the country from plunging into a possible second Great Depression. Geithner's comments came in testimony he provided in the trial of a lawsuit...
U.S. stock index futures turned higher on Tuesday, ahead of what is likely to be a quiet day for economic news.
Asian stocks traded mixed on Thursday, with Chinese shares significantly lower after a lower-than-expected preliminary reading of mainland manufacturing activity.
A day after his new book was published, Rep. Paul Ryan said the fight between his publisher Hachette and Amazon is "very frustrating."
Aug 14- With the cost of college textbooks surpassing $1,000 a year for many students, soon-to-be sophomore Matt Schroeder came up with a smart way to trim costs. "My calculus book that usually costs $180, I got for the semester for $10 and a Chick-fil-A biscuit," says Schroeder, 19, who attends Covenant College in Georgia.
SEATTLE, Aug 8- A former Microsoft Corp employee was sentenced to two years in prison on Friday for his part in an insider trading scheme that netted him and his partner more than $400,000. District Judge Marsha Pechman said in handing down the sentence in Seattle federal court.
Some of Thursday's midday movers:
Google and Barnes & Noble are joining forces to tackle Amazon, zeroing in on a service that Amazon has long dominated: fast, cheap delivery of books.
We've pulled together a list of just some of retailers that have disappeared over the last 25 years. Bring on the nostalgia.
SAN FRANCISCO, July 29- Facebook Inc will shut its 2- year-old Gifts shop on Aug. 12, as the world's largest social network tests other ways to let consumers buy products on its website. Facebook Gifts opened in 2012 as a way for users to buy gifts such as socks and teddy bears.
SEATTLE, July 25- An online stock trader who profited from inside information passed to him by a former Microsoft Corp finance employee was sentenced to 1-1/ 2 years in prison in Seattle on Friday.
NEW YORK, July 9- Bookstore chain Barnes& Noble Inc has pledged to make its stores friendly to nursing mothers as part of a settlement with New York State after a woman who was breastfeeding was asked to cover herself or leave one of its locations.
*Monsanto rallies after results; General Mills lower. *Medical Action almost doubles, Owens& Minor to buy.
June 25- Barnes& Noble Inc said it would spin off its Nook tablets and college books business, letting go of the loss-making Nook e-reader business to focus on its book stores.
*Monsanto rallies after results, General Mills lower. NEW YORK, June 25- U.S. stocks edged higher on Wednesday as investors continued to find value in equities over other asset classes despite the latest economic data coming in below expectations.
The Nook business has cost the company hundreds of millions of dollars as it tried to keep pace with deep-pocketed rivals such as Amazon.com Inc, Apple Inc and Google Inc.. Barnes& Noble said this month it would develop a tablet with Samsung Electronics Co Ltd after curbing production of Nook tablets last year because of the losses.
Barnes & Noble reported a smaller quarterly loss and said it would separate its retail and Nook Media businesses, sending shares up about 9 percent.
The stock market's record-breaking rise could get derailed by oil.
In our Talking Squawk blog, Joe appears on "The Daily Show" in a clip of his Rick Perry interview; Becky loses her breath on TV; and Andrew talks cocktails.