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Nasdaq expected to buy Sweden's OMX
May 24 2007 6:00PM (CT)
NEW YORK (AP) - Nasdaq Stock Market Inc., which lost in its battle to cross the Atlantic with a failed takeover bid for the London Stock Exchange, is expected to announce Friday it is acquiring Swedish exchange operator OMX AB in a deal worth up to $3 billion, according to a person close to the deal.
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Appeals court rejects Rigas appeal
May 24 2007 5:41PM (CT)
NEW YORK (AP) - A federal appeals court Thursday rejected the appeal of the fraud conviction of John Rigas, making a Hollywood ending unlikely for the one-time projectionist who built one of the nation's largest cable television companies in a tiny Pennsylvania town.
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Best Buy accused of overcharging
May 24 2007 5:36PM (CT)
HARTFORD, Conn. (AP) - Connecticut's attorney general announced a lawsuit Thursday against Best Buy Co. Inc., accusing the nation's largest consumer electronics retailer of deceiving customers with in-store computer kiosks and overcharging them.
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Toll Brothers posts lower 2Q profit
May 24 2007 4:19PM (CT)
PHILADELPHIA (AP) - Government data showing an unexpected surge in new home sales weren't much comfort to luxury homebuilder Toll Brothers Inc., which reported a 79 percent drop in second-quarter profits Thursday.
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Toll Brothers posts lower 2Q profit
May 24 2007 4:19PM (CT)
PHILADELPHIA (AP) - Government data showing an unexpected surge in new home sales weren't much comfort to luxury homebuilder Toll Brothers Inc., which reported a 79 percent drop in second-quarter profits Thursday.
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Toll Brothers posts lower 2Q profit
May 24 2007 4:19PM (CT)
PHILADELPHIA (AP) - Government data showing an unexpected surge in new home sales weren't much comfort to luxury homebuilder Toll Brothers Inc., which reported a 79 percent drop in second-quarter profits Thursday.
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Toll Brothers posts lower 2Q profit
May 24 2007 4:19PM (CT)
PHILADELPHIA (AP) - Government data showing an unexpected surge in new home sales weren't much comfort to luxury homebuilder Toll Brothers Inc., which reported a 79 percent drop in second-quarter profits Thursday.
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Toll Brothers posts lower 2Q profit
May 24 2007 4:19PM (CT)
PHILADELPHIA (AP) - Government data showing an unexpected surge in new home sales weren't much comfort to luxury homebuilder Toll Brothers Inc., which reported a 79 percent drop in second-quarter profits Thursday.
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Toll Brothers posts lower 2Q profit
May 24 2007 4:19PM (CT)
PHILADELPHIA (AP) - Government data showing an unexpected surge in new home sales weren't much comfort to luxury homebuilder Toll Brothers Inc., which reported a 79 percent drop in second-quarter profits Thursday.
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Treasurys end unchanged to higher
May 24 2007 4:14PM (CT)
NEW YORK (AP) - Treasury prices were unchanged to higher late Thursday, as the market rebounded from hefty morning losses caused by a double digit rise in April new home sales numbers.
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Treasurys end unchanged to higher
May 24 2007 4:14PM (CT)
NEW YORK (AP) - Treasury prices were unchanged to higher late Thursday, as the market rebounded from hefty morning losses caused by a double digit rise in April new home sales numbers.
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Gap 1Q profit down 26 percent
May 24 2007 4:14PM (CT)
SAN FRANCISCO (AP) - Gap Inc.'s first-quarter profit dropped 26 percent as a new management team scrambled to regain the clothing retailer's fashion sense.
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Barnes & Noble swings to 1Q loss
May 24 2007 3:44PM (CT)
NEW YORK (AP) - Barnes & Noble Inc., the largest U.S. bookseller, said Thursday it lost money in its first quarter, hurt by increased discounts for its members. But strong sales of new releases pushed revenue upward.
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Dell to sell computers at Wal-Mart
May 24 2007 3:29PM (CT)
NEW YORK (AP) - In a departure from the direct-to-consumer business model it was founded on, Dell Inc. plans to sell computers at Wal-Mart Stores Inc., the world's largest retailer.
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Bush urges China to strengthen currency
May 24 2007 2:55PM (CT)
WASHINGTON (AP) - President Bush told a senior Chinese economic minister Thursday that the United States is "watching very carefully" whether Beijing will strengthen the value of its currency.
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Bush urges China to strengthen currency
May 24 2007 2:55PM (CT)
WASHINGTON (AP) - President Bush told a senior Chinese economic minister Thursday that the United States is "watching very carefully" whether Beijing will strengthen the value of its currency.
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Bush urges China to strengthen currency
May 24 2007 2:55PM (CT)
WASHINGTON (AP) - President Bush told a senior Chinese economic minister Thursday that the United States is "watching very carefully" whether Beijing will strengthen the value of its currency.
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Bush urges China to strengthen currency
May 24 2007 2:55PM (CT)
WASHINGTON (AP) - President Bush told a senior Chinese economic minister Thursday that the United States is "watching very carefully" whether Beijing will strengthen the value of its currency.
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Gasoline prices climb, crude tumbles
May 24 2007 2:33PM (CT)
NEW YORK (AP) - Gasoline prices climbed Thursday after another round of outages at U.S. refineries stoked supply concerns ahead of Memorial Day weekend, the unofficial start of the summer driving season.
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FDA stops imports of Chinese toothpaste
May 24 2007 12:00PM (CT)
WASHINGTON (AP) - The government is stopping all imports of Chinese toothpaste to test for a deadly chemical reportedly found in tubes sold elsewhere in the world.
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Upper Deck makes bid for Topps Co.
May 24 2007 11:15AM (CT)
NEW YORK (AP) - The Upper Deck Co. has made a pitch to buy The Topps Co., a bid that would join two iconic baseball card makers that have sold sports memorabilia to generations of fans young and old.
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Chinese stock prices fall
May 24 2007 11:00AM (CT)
SHANGHAI, China (AP) - Chinese stocks wobbled then dipped Thursday after former U.S. Federal Reserve Chairman Alan Greenspan voiced concern about an eventual correction in China's red-hot stock markets.
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Dollar gains on euro
May 24 2007 9:32AM (CT)
BERLIN (AP) - The dollar gained against the euro Thursday after U.S. data showed a modest rise in orders for durable goods, suggesting that the labor market remains relatively healthy.
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Response to swine disease said hindered
May 24 2007 4:34AM (CT)
MILWAUKEE (AP) - Wisconsin's response to a potentially fatal swine disease last month was hindered by farms that failed to register where their animals are kept as required by law, authorities said.
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