The offering marked the second year the coffee chain has partnered with daily deal site Gilt.com to sell the cards.» Read More
Stocks opened mixed Monday but momentum quickly faded and within the first 30 minutes, the Dow industrials were dancing in and out of bear-market territory.
A French court ordered eBay to pay 38.6 million euros ($61 million) to luxury goods group LVMH for allowing the sale of fake merchandise, in a ruling immediately appealed by the online auction website.
U.S. stock index futures pointed to a lower open for Wall Street after last week's carnage and with crucial nonfarm payrolls data coming on Thursday, a day early because of the July 4 holiday.
GM's shares have plummeted to less than $12, the lowest level since 1955. That means the world's largest auto maker has a stock market value of only about $7 billion.
Why do journalists think that everything that is posted on eBay is automatically authentic? Buyers certainly don't.
It turns out that some memorabilia linked to failed U.S. investment bank Bear Stearns is worth more on eBay these days than rival JPMorgan Chase & Co actually paid for the shares.
Wall Street can be a fickle place, and as investors wonder where they ought to park their money while they ride out the economic volatility gripping the country right now, they may want to harken back to some oldies but goodies: Apple Inc., Google, Research in Motion and Amazon.
Professional networking site LinkedIn just earned a $1 billion dollar-plus valuation, raising $53 million from a group of VCs led by Bain Capital, for about five percent of the company, giving it a valuation of $1 billion plus.
High oil prices and a wary skittishness among traders keeps the pressure on stocks going into Thursday's session. Weekly jobless data, reported at 8:30am ET, is the big number ahead of Thursday's bell. The Philadelphia Fed survey and leading indicators are released at 10am.
High oil prices and a wary skittishness among traders keeps the pressure on stocks going into Thursday's session.
The posts from today's live blogging of the Apple World Wide Developers Conference and launch of the new generation iPhone from the Moscone West building in San Francisco, California.
Microsoft said it will shut down Windows Live Expo, an online classified-advertising site the software giant created to compete with Craigslist.com.
Bidding for the Annual Warren Buffett Lunch Charity Auction begins June 22 and ends June 27, according to an announcement today from a PR firm publicizing the event. The on-line auction will be conducted through eBay Giving Works. The winner gets to invite up to seven guests to join him or her for lunch with Warren Buffett at New York's Smith & Wollensky restaurant.
Popular online classified site Craigslist accused minority shareholder eBay Thursday of suing Craiglist over the same business practices used by eBay itself.
Apple and Amazon disappointed investors with lower profit outlooks but Apple shares rose after one analyst upgraded the stock and several raised their price targets.
Amazon shares started last quarter right at $100 a share, and since then, it's been all downhill from there. Frustrated investors will be looking for guidance from the company later today that the slide is over, and that the company is poised for a strong, back half of 2008. But that's a tall order for Amazon's executives.
Whisper numbers are a weird animal on Wall Street, especially when you're talking high profile earnings reports like Google, Apple, Yahoo, Microsoft, Intel and so many others.
Internet calling company Skype said it would offer an unlimited long-distance calling for customers who want to reach friends and family without computers or Internet access.
Now that the first week of the technology earnings is over, many investors are breathing a sigh of relief.
Big banks topped this week's investing news as they continued to fight their way through the subprime mortgage mess. For some, like JPMorgan Chase and Citigroup, which both reported earnings this week, it meant continued writedowns.