HP to cut 27,000 jobs to save up to $3.5B annually Hewlett-Packard plans to jettison 27,000 workers as the growing popularity of smartphones, the iPad and other mobile devices makes it tougher for the company
2 panels to launch review of Facebook IPO Two congressional panels are reviewing Facebook's high-profile stock offering last week amid allegations that the bank handling the IPO may have provided only
Oil drops below $90 for 1st time since Nov. 1 The price of oil has dropped below $90 for the first time in nearly seven months as U.S. supplies continue to grow.
Iran nuclear talks snag over dueling demands Iran and six world powers exchanged dueling proposals Wednesday in a tug of war over Tehran's nuclear program that pits international concerns about the
Regulators probe bank's role in Facebook IPO Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week,
Small dairies go under as milk prices sink again The MacLaren brothers are third-generation dairy farmers, but they will likely be the last in their family.
Stocks end mixed after Greek worries resurface Just how nervous are investors about Greece? All it took to derail a day of stock market gains was a headline saying that Greece was preparing to leave the
UN nuclear chief: Deal with Iran reached on probe Despite some remaining differences, a deal has been reached with Iran that will allow the U.N. nuclear agency to restart a long-stalled probe into suspicions
Market breaks losing streak, with China's help Forget Facebook. This is still Apple's stock market. Apple — the world's most valuable company, the innovator that revolutionized the cell phone — climbed
Say what? Kraft's new name elicits jokes "MONDEWHAAAAT?" The sarcasm was palpable in the one-word headline that appeared in The New York Post on the day after Kraft Foods revealed that it planned to
Where are Facebook friends? Stock sinks on 2nd day Facebook was supposed to soar. Instead, it plunged.
Gasoline prices continue to fall The latest Lundberg Survey finds gasoline prices have dropped six cents over the past two weeks, putting the nationwide average for a gallon of regular at
America expands once again digitally The metaphor is an easy one, overused and perhaps even a bit overwrought. We are forging forward into a digital frontier, leaving convention behind, traveling
Obama: More Wall St. reform needed President Barack Obama says the big trading loss at JPMorgan Chase shows the need for Congress to put more teeth into Wall Street reforms intended to prevent
Stocks fall on Europe worries; Facebook debuts It's going to take more than Facebook's initial public offering to push the stock market higher. Facebook shares rose 23 cents above their $38 offering price.
Facebook stock up slightly in public debut After an anxiety-filled half-hour delay, its stock began trading on the Nasdaq Stock Market for the first time as investors were finally able to put a dollar