National Business News

Stock indexes flip between gains and losses

Stock indexes fluctuated in early trading Tuesday as investors tried to predict the Fed's next move. 21 minutes ago

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Archive by category ''National Business News

NATIONAL BUSINESS NEWS

Best Buy reports 1Q loss on restructuring costs

Best Buy Co. on Tuesday reported a loss in its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.
NATIONAL BUSINESS NEWS

Indexes edge higher on Wall Street in early trade

Stock indexes are edging higher in early trading on Wall Street as investors look ahead to the Federal Reserve's next moves.
NATIONAL BUSINESS NEWS

German central bank: Economy to improve 'markedly'

Germany's central bank expects the country's economy to improve "markedly" in the second quarter - a development that could boost the wider eurozone as it struggles to get out of recession.
NATIONAL BUSINESS NEWS

Futures fall as markets await hints from Fed

U.S. stock futures are down in light trading ahead of an appearance this week by Fed Chairman Ben Bernanke before Congress.

3 hours ago
NATIONAL BUSINESS NEWS

Vodafone annual profits up 1.9 percent

U.K.-based mobile telecoms company Vodafone has reported a 1.9 increase in annual profits despite a slowdown in much of its European operations.
NATIONAL BUSINESS NEWS

Burberry's profit hit by perfume deal's demise

British luxury brand Burberry says that the end of a perfume licensing deal depressed its bottom line, dragging net profit down 3 percent for the year ending on March 31.
NATIONAL BUSINESS NEWS

Housing recovery boosts Home Depot 1Q results

Even though the weather was poor, Home Depot posted an 18 percent increase in its net income for the first quarter thanks to the ongoing housing recovery.
NATIONAL BUSINESS NEWS

Average credit card debt, late payments fall in 1Q

Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt.
NATIONAL BUSINESS NEWS

SBA starting new lending program for veterans

The Small Business Administration says it has lined up pledges from more than 120 banks to increase lending to veterans.
NATIONAL BUSINESS NEWS

British inflation eases by more than expected

Official figures show that consumer price inflation in Britain eased in April, largely on the back of lower fuel prices and airfares.