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Updated: 30 min 54 sec ago
Apple Inc.'s stock jumped 1.1% in premarket trade Monday, after the technology giant was upgraded at Mizuho Securities, which said it believes the recent selloff has left investors with "meaningful" upside potential.
Wall Street's fourth-quarter earnings season that gets under way next week could confirm something many investors may not want to hear: the U.S. economy may be doing well but corporate profits are in a recession.
Department stores have been under siege for decades, but lately their fortunes have hit a new low that could spark a wave of deal making that could sweep up companies such as Kohl's Corp.
The iconic Los Angeles mansion of Hugh Hefner, the founder of the Playboy empire, is being put up for sale for $200 million, Playboy Enterprises said, one of the highest asking prices for a private residence in the United States.
The multistate Powerball lottery jackpot jumped to $1.3 billion, the largest U.S. lottery jackpot ever, after no one picked a winning number in Saturday's drawing.
Arch Coal, one of the U.S.'s largest coal producers, said Monday it had filed for Chapter 11 bankruptcy protection as part of a reorganization plan aimed at trimming $4.5 billion in debt from its balance sheet.