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  • Fed stimulus still needed for job market: Yellen

    Federal Reserve Chair Janet Yellen said Wednesday that the U.S. job market still needs help from the Fed and that the central bank must remain intent on adjusting its policy to respond to unforeseen challenges.

  • US stocks rise, extending gains into third day

    Investors sent stock prices higher for a third day in a row Wednesday. Major U.S. indexes rose as more companies reported solid earnings and traders welcomed encouraging news about China’s economy. Yahoo and Delta Air Lines were among the companies rising sharply in afternoon trading.

  • Bank of America posts loss, hurt by legal expenses

    Bank of America says it swung to a loss in the first quarter, hurt by $6 billion in legal expenses.

  • Court rejects bankruptcy protection for Mt. Gox

    The Mt. Gox bitcoin exchange in Tokyo is headed for liquidation after a court rejected its bankruptcy protection application.

    Ford to offer 50th anniversary Mustang

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    Ford is building a limited-edition Mustang GT to honor the pony car’s 50th anniversary. The company will only build 1,964 special cars, honoring the year the Mustang first went on sale.

    GM to ask bankruptcy court for lawsuit protection

    General Motors revealed in court filings late Tuesday that it will soon ask a federal bankruptcy judge to shield the company from legal claims for conduct that occurred before its 2009 bankruptcy.

  • Zebra to spend $3.45B on Motorola Solutions unit

    Zebra Technologies will spend more than $3 billion to buy the enterprise business of Motorola Solutions in a considerable expansion that is both technological and geographical.

  • Yellen: Mega-banks might need to hold more capital

    Federal Reserve Chair Janet Yellen said Tuesday that the largest U.S. banks might need to hold additional capital to withstand periods of financial stress.

  • US stock markets rebounds after choppy day

    A stock market swoon turned into a comeback Tuesday. Stocks managed a late-afternoon rebound for the second time in two days as investors seemed to brush off a report of lower confidence among homebuilders and simmering tensions in the Ukraine.

  • J&J Q1 net up 8 percent on sales jump, lower costs

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    Johnson & Johnson, the world’s biggest maker of health care products, easily beat Wall Street expectations for the first quarter and raised its earnings outlook.

    Coca-Cola’s 1Q profit dips, but more drinks sold

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    Coca-Cola’s first-quarter profit fell nearly 8 percent as the world’s biggest beverage maker faced a stronger dollar and made structural changes abroad. But the company sold more of its drinks worldwide, and its earnings matched expectations.

    Aaron’s buys Progressive Finance, cuts outlook

    Furniture leasing company Aaron’s is buying online rent-to-own finance company Progressive Finance Holdings for $700 million in cash, in a bid to turn around its business even as it cut its first-quarter outlook.

    Nestle sales up despite slack prices in Europe

    Food company Nestle SA says sales rose 4.2 percent in the first quarter compared with a year ago despite deflationary pressures in Europe.

    Relativity’s last-minute bid for Maker rebuffed

    Relativity Media, a film financier and movie distributor, was rebuffed in a last-minute bid for Maker Studios, the YouTube video creator that agreed to be bought by The Walt Disney Co. last month.

    GM replacing communications, human resources heads

    General Motors is replacing the executives in charge of communications and human resources as it struggles with a string of embarrassing recalls that have led to congressional hearings and federal investigations.