U.S. News


  • SoftBank Could Gain $3.5 Billion by Dropping Sprint Bid Tuesday, 16 Apr 2013 | 12:25 AM ET

    Billionaire founder of mobile carrier SoftBank is expected to stay in the battle for Sprint Nextel - even though he could walk away with $3.5 billion in gains from currency hedging.

  • Where Has Loyalty Gone? Consumers Grow More Fickle Tuesday, 16 Apr 2013 | 12:00 AM ET

    Deloitte’s American Pantry Survey found brand loyalty has fallen for the third year in a row, with nearly nine in ten consumers substituting private-label brands for national ones.

  • Macy's Fires Latest Salvo in Dispute With JC Penney Monday, 15 Apr 2013 | 11:15 PM ET

    Macy's has filed an appeal challenging a judge's ruling that J.C. Penney can sell unbranded Martha Stewart goods in its stores for now -- the latest salvo in a legal war between the two retailers.

  • Gold Hit by Panic Selling, Dragging Other Metals Monday, 15 Apr 2013 | 8:21 PM ET

    Panic selling hit the gold market, driving a mad rush out of other commodities, as traders saw China's GDP data as confirmation the global economy is slowing.

  • Micky's Mea Culpa: Arison to Refund US Taxpayers Monday, 15 Apr 2013 | 6:46 PM ET
    Mickey Arison, CEO Carnival Corp.

    Carnival CEO Micky Arison says Carnival plans to reimburse taxpayers for the cost of the Navy and Coast Guard's help with two of the company's high-profile incidents.

  • Lower Gas Prices Ahead, Courtesy of Sliding Oil Monday, 15 Apr 2013 | 4:09 PM ET

    Crude oil on Monday hit their lowest levels for the year, a slide that is leading to lower gas prices that may provide modest relief just as the summer driving season arrives.

  • Abramovich Birth Solves Mystery of Yacht's Berth Monday, 15 Apr 2013 | 3:23 PM ET
    'Eclipse' owned by Russian businessman Roman Abramovitch.

    The recent birth of a daughter to Roman Abramovich and his girlfriend helps explain why the Russian billionaire has kept his mega-yacht docked on Manhattan's West Side.

  • Where America's Likely Tax Cheats Live Monday, 15 Apr 2013 | 1:38 PM ET
    Rodeo Drive, Beverly Hills, Calif.

    A new study used confidential IRS data to show clusters of potential tax cheats - including small-business owners - in five metro areas. See which red flags tip off the IRS.

  • Will an 'April Surprise' Bail Out Washington? Monday, 15 Apr 2013 | 1:26 PM ET
    Flowers are in full bloom in front of the U.S. Capitol.

    Higher than expected tax revenues resulting from outsized gains by the wealthy in 2012 could ease the budget pressures in Washington — or stoke arguments over taxes and spending.

  • Tech Earnings: What to Expect From Yahoo and Intel Monday, 15 Apr 2013 | 12:58 PM ET

    Yahoo and Intel report earnings tomorrow, and the outlook could hardly be more different.

  • Americans' Faith in Tax Fairness Hits 10-Year Low Monday, 15 Apr 2013 | 12:30 PM ET

    More than half of Americans think their taxes are fair, says a Gallup survey. But that's the lowest rate of satisfaction since 2001.

  • Wall Street Soars as Rest of Economy Limps Along Monday, 15 Apr 2013 | 11:20 AM ET

    The economy seems split in two, with the profits of the nation's largest companies and the stock market soaring as the rest of the economy continues to struggle.

  • Cramer: This 'Tipping Point' Is Great for Stocks Monday, 15 Apr 2013 | 10:29 AM ET

    The commodity markets have reached a key turning point, and U.S. equities will reap the benefits, Jim Cramer says.

  • Rising Costs Hammer US Home Builder Confidence Monday, 15 Apr 2013 | 10:00 AM ET
    A recently constructed home stands next to a home under construction in Las Vegas, Nevada, U.S.

    Confidence among U.S. home builders fell in April, as concerns over lack of developed land lots and rising costs for building materials weighed heavily.

  • GM, Ford to Collaborate on New Transmissions Monday, 15 Apr 2013 | 9:38 AM ET
    GM CEO Dan Akerson, left, greets Alan Mulally, president and CEO of Ford Motor.

    GM and Ford are putting aside their longstanding rivalry to work together to develop a new generation of fuel-efficient automatic transmissions.

  • NY Manufacturing Growth Slams on Brakes in April Monday, 15 Apr 2013 | 8:49 AM ET

    Manufacturing growth in New York state slowed sharply in April to its lowest level in five months, the New York Federal Reserve said in a report on Monday.

  • Top 10 Hedge Fund Titans Haul in Big Paychecks Monday, 15 Apr 2013 | 8:44 AM ET
    David Tepper, founder of Appaloosa Management

    Several hedge fund leaders who had giant paydays last year earned their riches the old-fashioned way: by posting big returns on their investments. The New York Times reports.

  • Bright Lights, Big Citi: Bank Earnings Top Estimates Monday, 15 Apr 2013 | 8:34 AM ET

    Citigroup's first-quarter earnings beat expectations on both profit and revenue thanks to improvements on loans and credit spreads, sending shares higher.

  • Life Tech in $13.6 Billion Buyout by Thermo Fisher Monday, 15 Apr 2013 | 8:01 AM ET
    Thermo Fisher is an American precision healthcare equipment company.

    Genetic testing equipment maker Life Technologies has agreed to a $13.6 billion cash buyout by Thermo Fisher Scientific, in one of the year's biggest corporate takeovers.

  • JPMorgan Investors Press for Independent Chair Monday, 15 Apr 2013 | 7:52 AM ET

    A group of JPMorgan Chase shareholders urged support for its proposal to split the chairman and CEO roles at the big bank in a letter Monday.

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