WASHINGTON — As the budget battles in Congress continue, one casualty has been any kind of certainty about defense spending. That’s left some of the world’s largest defense contractors scrambling to find new markets to protect jobs in North Texas.
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NEW YORK — U.S. stocks rose Thursday, sending the Standard & Poor’s 500 index to its best week since July, as earnings from General Electric and Morgan Stanley beat estimates and concern eased that the Ukraine crisis may worsen.
NEW YORK — General Motors’s move to freeze ignition-defect lawsuits in California and Texas has solid legal precedent behind it and could help slash customer demands for compensation by billions of dollars.
NEW YORK — U.S. stocks rose, with the Standard & Poor’s 500 Index capping its best three-day rally in two months, as Yahoo earnings topped estimates and industrial production gained more than forecast.
NEW YORK — U.S. stocks rose Tuesday a second day, after equities posted the worst week since 2012, as earnings from Coca-Cola and Johnson & Johnson overwhelmed concerns that tensions in Ukraine are worsening.
NEW YORK — U.S. stocks rebounded from the worst weekly losses in two years, weathering a selloff at the start of the final hour, after data showed retail sales increased the most since 2012 and Citigroup earnings unexpectedly rose.
MOUNTAIN VIEW, Calif. — Google bought an aerospace startup that’s building high-altitude drones for aerial photography and Internet communications, in the latest indication that tech companies are jockeying to secure their place in the skies.
WASHINGTON — In the spring of 2012, some of America’s largest banks were coming under attack, with hackers commandeering servers around the world to direct a barrage of Internet traffic toward the banks’ websites.
NEW YORK — U.S. stocks sank Friday, extending the Standard & Poor’s 500 index’s worst two-day drop since June, amid disappointing results at JPMorgan Chase & Co. and signs hedge funds were dumping the bull market’s best performers.
NEW YORK — U.S. stocks tumbled Thursday, with the Nasdaq Composite index falling the most since 2011, as a technology selloff resumed amid concern valuations may be too high at the start of earnings season.