The government's efforts to cool the housing market will have a negative impact on the economy and the … More » Cooling housing market will cost us 150,000 jobs, mortgage group warns

Ford Motor Co is adding a week of production at most of its North American factories this year to build … More » Ford adds production in North America to meet new car demand

NAIROBI, Kenya - The barrage of hourly tweets sent out by Aly-Khan Satchu — East Africa's version of … More » 'Boom Town Baby': African stock markets see big gains; Ghana, Kenya, Nigeria up big

TOKYO - A steady fall in the value of the yen is proving a godsend for exporters such as Toyota. The … More » Falling yen may help Japan, but proving a headache for other countries, especially in Asia
Ford Sollers will produce the vehicle at one of their two plants in Tatarstan during the second half … More » Ford Sollers to Make SUVs in Russia
North American stock markets surged Wednesday as the head of the U.S. central bank says prematurely ending … More » Stocks climb on Fed words

OTTAWA - Canada's housing market is slowing dramatically in terms of both sales and construction, dragging … More » Housing slowdown to worsen, cost 150,000 jobs, says mortgage group
On May 21, we maintained a Neutral rating on PepsiCo on the back of solid first-quarter 2013 results. … More » PepsiCo Kept at Neutral

NEW YORK, N.Y. - Stocks are moving higher after Federal Reserve Chairman Ben Bernanke said it was too … More » Stocks rise after Bernanke signals no quick end to stimulus and home sales rise

BERLIN - Germany and France are preparing to launch a drive to combat the problem of high European youth … More » Germany, France seek to fight EU youth unemployment, aim for better use of existing funds
B&G Foods recently announced the pricing of senior notes worth $700 million due 2021 More » B&G Foods Prices Senior Notes
Chopped off his pinky in a shop accident. More » Jesse James Posts Utterly Disgusting Photo Of His Severed Finger

DETROIT - The Detroit automakers are largely forgoing the traditional two-week summer break at their … More » US automakers holding off on summer factory shutdowns as demand increases

Target Corp cut its full-year profit forecast on Wednesday while turning in a weak first quarter with … More » Target cuts full-year forecast after weak first quarter
Group 1 Automotive raised dividend every year since it has resumed the payment in late 2010 More » Group 1 Auto Raises Dividend
Clearwire Corp said its special committee and its board of directors approved Sprint Nextel Corp's sweetened … More » Clearwire recommends approval of sweetened Sprint bid
Canada's main stock index started Wednesday off on the right foot, on hopes that the U.S. Federal Reserve … More » Stocks out of the blocks
Footwear and accessories retailer, DSW announced the opening of a new store at South Shore Plaza in … More » DSW Opens New Store
Retail sales stayed flat at $39.5 billion in March, as sales increased in volume terms despite lower … More » Retail sales flat, despite lower prices

TORONTO - The Canadian Association of Mortgage Professionals is warning that new-home construction will … More » Index
Euro Euphoria to Fizzle on ECB- EU Looks to Buy More Time More » Euro Euphoria to Fizzle on ECB- EU Looks to Buy More Time
IMF wants UK to spend more on infrastructure More » IMF wants UK to spend more on infrastructure
3M Company (MMM) expanded its product line with Scotch Recycled Corrugate Tape 3072, an industrial tape … More » 3M Unveils New Industrial Tape

Staples Inc missed analyst estimates for profit and sales in the first quarter, hurt by a stronger dollar … More » Staples results miss estimates on overseas weakness
Bernanke testifies, Ford cranks up American auto production, and Lowe's blames its earnings miss on the … More » 10 Things You Need To Know This Morning

Toll Brothers Inc posted a 46 percent rise in quarterly profit as the largest U.S. luxury homebuilder … More » Toll Brothers profit rises 46 percent

TIMIKA, Indonesia - Rescuers on Wednesday recovered the last of 28 miners killed last week when an underground … More » Rescuers recover all 28 bodies from collapsed underground classroom at Freeport Indonesia mine

Merck & Co Inc said it has entered into a $5 billion share repurchase agreement with Goldman Sachs Group … More » Merck signs $5 billion share buyback agreement with Goldman Sachs
Bank of Japan maintains policy, cheers Abenomics More » Bank of Japan maintains policy, cheers Abenomics

BANGKOK - Asian stock markets were mostly higher Wednesday after investor confidence was boosted by a … More » Asian stock markets rise after Fed official says US should maintain easy monetary policy
GBP/USD- Trading the Bank of England (BoE) Minutes More » GBP/USD- Trading the Bank of England (BoE) Minutes
TOKYO - Japan's trade deficit widened to a larger-than-expected 879.9 billion yen ($8.6 billion) in April … More » Japan says trade deficit widened to $8.6 billion in April as weak yen pushed imports higher
ESPN started laying off a few hundred workers Tuesday, a sign that the hugely profitable sports cable-TV … More » ESPN Cuts Jobs Amid Rising Fees for Games
DETROIT - Volkswagen is replacing the fuel tank covers on more than 200,000 of its diesel vehicles sold … More » Volkswagen to put special fuel caps on 209,415 diesels to prevent wrong fuel use
WASHINGTON - The Senate voted Tuesday to keep a $400 million annual cut — or roughly a half of 1 per … More » Senate votes to make small cut to food stamps in farm bill
WHITEHOUSE STATION, N.J. - Merck & Co Inc. said it will repurchase $5 billion worth of its common stock … More » Merck makes deal for $5 billion accelerated buyback of common stock
JPMorgan's Dimon survives shareholder referendum More » Business Highlights
Don't get rid of your old console. More » Why The New Xbox One Won't Play Old Xbox 360 Games
And caused a minor car accident. More » Goat Blocks Rush Hour Traffic For 90 Minutes On A New Jersey Highway

TORONTO - Signs that the U.S. Federal Reserve may not put the brakes on its aggressive monetary stimulus … More » North American markets climb on gold, energy gains and positive Fed speeches

WASHINGTON - Energy Secretary Ernest Moniz said Tuesday he will delay final decisions on about 20 applications … More » Moniz, sworn in as energy secretary, delays action on LNG exports while he studies data
NEW YORK, N.Y. - A lawyer for a former board member at Goldman Sachs and Procter & Gamble Co. urged an … More » Ex-Goldman, P&G board member from Connecticut seeks insider trading retrial in NYC