Stocks Take 300 Point Plunge; Wachovia Taken by Citigroup

10:15AM EST: The Dow industrials fell more than 300 points Monday on anxiety over government's bailout package. Trading in other markets around the world...

Facebook Value Tops EBay, Becomes No. 3 U.S. Web Company

Facebook Inc.’s estimated worth is now bigger than EBay Inc.’s valuation, making it the third- largest U.S. Internet business and underscoring the growing allure...

Microsoft Reshuffles Company Structure

Microsoft Corp. is reshuffling its business in an attempt to promote faster innovation and a sharper focus on devices and services. The move by...

Microsoft Launches New Office For Consumers

Microsoft Corp launched new Office software for home users on Tuesday, featuring constantly updated, online access to documents from all kinds of devices as...

Fed Cuts Funds Rate to Three-Year Low

The Federal Reserve has reduced a key interest rate three-quarters of 1 percent to 2.25 percent. The Federal Open Market Committee, which decides the...

AT&T Will Publish Reports On Requests For Customer Data

AT&T Inc. says it will publish reports on the number of requests for customer information that it receives from law enforcement agencies, the latest...

Stocks Sink On Fed Worries, But Twitter Surges

Twitter popped, but the rest of the market dropped. Twitter wowed investors, surging 73 percent on its first day of trading. The broader market, however,...

US Stocks Rise

U.S. stocks climbed for a second day, led by financial companies and builders, on expectations a government plan to limit subprime mortgage defaults will...

Bush: Bailout Bill Will Stabilize Economy

President Bush urged Congress Monday morning to pass the compromise financial system bailout bill that leading lawmakers fashioned in marathon weekend bargaining, saying it...

Fed Raises Discount Rate

The Federal Reserve Board raised the discount rate charged to banks for direct loans by a quarter point to 0.75 percent and said the...

Stocks Poised to Rise Ahead of Holiday

Stock futures rose Tuesday ahead of a shortened holiday schedule for U.S. markets, with investors betting a home sales report will show some recovery...

AT&T Ends $39 Billion Bid for T-Mobile

AT&T said late on Monday afternoon that it had withdrawn its $39 billion takeover bid for T-Mobile USA, acknowledging that it could not overcome...

Circuit City Files for Bankruptcy

Circuit City Stores Inc., the nation's second-biggest electronics retailer, filed for bankruptcy protection on Monday but plans to stay open for business as the...

Stocks, Commodities Rise

Stocks rallied from Shanghai to New York and the dollar slid as Dubai World began talks to restructure less than half its debt and...

Google Says Bing Is Copying Search Results

Google Inc., owner of the world’s most popular search engine, said Microsoft Corp.’s Bing is “copying” its query results. Microsoft denied the accusation and...

Home Sales Unexpectedly Rebound on Record Decline in Prices

Sales of previously owned homes in the U.S. unexpectedly rose from a record low, propelled by the biggest slump in prices since the Great...

FDA Approval of Next-Generation Remote Monitoring and Data Management System for Implantable Cardiac Devices

St. Jude Medical, Inc. (NYSE:STJ) today announced U.S. Food and Drug Administration (FDA) approval of the next-generation Merlin™.net Patient Care Network (PCN), an Internet-based...

Israel: Sharp Decline in Car Imports in July 2013

Officials report that in July 2013, a total of 12,368 private cars were imported into Israel as compared to 19,684 in June 2012, representing...