Finance News
Lowe's 1Q profit rises, but results miss Street
7 hours 38 mins ago
Lowe's said Wednesday that its first-quarter net income rose nearly 3 percent, but results fell short of expectations as rainy weather hurt spring gardening sales.
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Fed weighed slowing its pace of bond purchases
10 hours 1 min ago
Several Federal Reserve policymakers this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as June _ if the economy showed strong and sustained growth. But those officials appeared at odds over what evidence would demonstrate such gains.
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Bernanke signals Fed to maintain stimulus efforts
10 hours 22 mins ago
Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its extraordinary stimulus programs.
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Survey shows China manufacturing contracting
7 mins ago
A survey shows China's manufacturing contracted this month, adding to signs a fragile recovery in the world's No. 2 economy is slowing.
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Ford to end auto production in Australia in 2016
89 mins ago
Ford Motor Co. said Thursday it will close its two Australian auto plants, ending production in the country in 2016, amid soaring manufacturing costs and plummeting sales.
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On top of big salaries, companies pile on perks
1 hour 40 mins ago
Wynn Resorts pays for founder and CEO Steve Wynn's residence at its tony Las Vegas hotel and casino at a cost of nearly $452,000.
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GM recalling Cadillac SUVs to tighten wheels
5 hours 46 mins ago
General Motors Co. is recalling more than 27,000 Cadillac SUVs worldwide because the wheels can fall off.
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Tesla uses stock, note sale to repay government
6 hours 14 mins ago
Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early.
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Strange
Funeral home has bicycle hearse for 1 last ride
An Oregon funeral home in Eugene offers natural burials where the ride to the person's final resting place is on the back of a three-wheeled bicycle.
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World
Building materials blamed in Bangladesh disaster
A government investigation found poor quality construction materials and building code violations were among the "series of irregularities" that caused the collapse of a building housing garment factories last month in Bangladesh, ...
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