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Verizon data fans to pay more in service or phones

a shared story    6 days 6 hours 45 minutes ago
NEW YORK (Reuters) - Verizon Wireless plans to make its data-hungry customers pay a lot more, either in service fees or smartphone prices, as it tries to cut costs and boost revenue from data services.  



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Money market fund assets fall to $2.569 trillion

a shared story    6 days 6 hours 45 minutes ago
NEW YORK (AP) -- Total U.S. money market mutual fund assets fell by $5.35 billion to $2.563 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.... 




BNY Mellon, IRS spar over $900 million tax benefit

a shared story    6 days 7 hours 45 minutes ago
WASHINGTON (Reuters) - Bank of New York Mellon Corp faced off against the U.S. government on Thursday in closing arguments over a $900 million tax benefit that the Internal Revenue Service called "tax abuse."  



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French Connection in profit alert

a shared story    6 days 9 hours 45 minutes ago
Shares in French Connection fall as the fashion retailer issues a profits warning following a continued fall in sales. 




Oil falls slightly to end near $92 a barrel

a shared story    6 days 9 hours 45 minutes ago
The price of oil fell Thursday as worries persisted about the future of Greece in the European Union and the long-term impact that region's financial crisis could have on the global economy. Here's how energy contracts traded.... 



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Analysis: Will mild winter mean summertime blues for retailers?

a shared story    6 days 10 hours 45 minutes ago
NEW YORK (Reuters) - With the meteoric jump in shares of Apple Inc and turmoil in the bank sector garnering the spotlight in recent months, one group managed to fly under the radar despite strong gains - retailers.  



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Facebook to price IPO, demand seen strong

a shared story    6 days 10 hours 45 minutes ago
NEW YORK (Reuters) - Facebook Inc is expected to price its initial public offering to raise more than $16 billion on Thursday, as strong demand, particularly from retail investors, fuels anticipation for a big pop in the stock when it begins trading on the Nasdaq.  




Can global leaders help Europe contain crisis?

a shared story    6 days 11 hours 45 minutes ago
WASHINGTON (AP) -- When leaders from eight of the world's biggest economies meet this weekend outside Washington, the focus will be on how to prevent Europe's debt crisis from spiraling out of control.... 



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Markets drop on eurozone worries

a shared story    6 days 12 hours 45 minutes ago
Concern over the eurozone debt crisis has continued to weigh on financial markets, with the euro dropping more than a cent against the US dollar, 



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Altria CEO conducts his final shareholder meeting

a shared story    6 days 14 hours 45 minutes ago
RICHMOND, Va. (AP) -- Outgoing Altria Group CEO Michael Szymanczyk (sih-MAN-sick) finished his final shareholder meeting much the same way as his first - fielding attacks against the nation's largest tobacco company.... 




Jobless claims steady, labor worries persist

a shared story    6 days 15 hours 45 minutes ago
WASHINGTON (Reuters) - New claims for unemployment benefits were unchanged last week, according to government data on Thursday that will do little to ease concerns about a recent slowdown in jobs growth.  



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Russian markets hit 8-month low on oil price drop

a shared story    6 days 16 hours 45 minutes ago
MOSCOW (AP) -- Russia's MICEX benchmark has shed nearly 3 percent to hit its lowest point since Oct. 5, as oil prices keep falling, lowering revenue from its lucrative sector and as fears grow that Greece's political crisis will hurt the European economy.... 



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