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Updated: 38 min 20 sec ago
Tesla Motors Inc. will sell $1.6 billion worth of convertible senior notes to fund its next projects, the company said Wednesday.
J.C. Penney reported mixed 4Q results, posting an adjusted quarterly loss of 68 cents a share. Revenue came in shy of views at $3.78 billion. Shares were trading up after-hours.
Tesla Motors Inc. is looking for sites between 500 acres and 1,000 acres in Arizona, New Mexico, Nevada or Texas to build a giant battery factory, which could cost as much as $5 billion, the electric car maker said in a regulatory filing late Wednesday.
TiVo Inc. on Wednesday reported a fiscal fourth-quarter profit of $710,000, or a penny a share, on total revenue of $106.3 million, reversing a loss of $15.8 million, or 13 cents a share, on $88.9 million in the year-ago period.
The bottom line is Russia can legitimately lay claim to a historic tie to the region. Russia also has a large Black Sea fleet at Sevastopal on the Crimean Peninsula.
Sen. Joe Manchin, a Democrat from West Virginia, on Wednesday called on federal regulators to ban bitcoin, saying the unregulated virtual currency has allowed users to take part in illegal activities and is disruptive to the U.S. economy.
Oil futures finished higher on Wednesday, recouping much of their losses from a day earlier after a U.S. government report showed that weekly crude supplies rose less than expected.
Struggling tech retailer Best Buy is reportedly planning on slashing 2,000 manager-level positions as part of a cost-cutting operation.
EBay Inc. [s; ebay] on Wednesday fired back at activist investor Carl Icahn, who this week attacked the e-commerce giant for what he claimed were "multiple lapses in corporate governance" and "certain material conflicts of interest" on the part of several eBay board members.
Target Corp Chief Financial Officer John Mulligan said on Wednesday that same-store sales at the No.
A Pentagon proposal to ax the Air Force’s entire fleet of A-10 Thunderbolts is receiving criticism from multiple fronts with questions over how the move will impact military bases and defense contractors.
The Treasury Department sold $35 billion in 5-year notes Wednesday at a yield of 1.530%.
Wells Fargo & Co. has cut its predictions legal costs.
The labor market will have "significant slack" even when it crosses the central bank's 6.5% jobless rate threshold, said Eric Rosengren, the president of the Boston Federal Reserve Bank, on Wednesday.
The solid housing report unveiled Wednesday shows business is still being conducted in the U.S. despite the inclement weather.
Bond insurer Syncora says it has settled disputes over residential-mortgage-backed securities with J.P. Morgan Chase & Co. Syncora didn't reveal the amount of the cash settlement, but the money will help it stay solvent.
The Treasury Department sold $13 billion in 2-year floating-rate notes Wednesday at a at a margin of 0.064% above a 3-month Treasury bill , in its second-ever sale of securities with a variable rate.
Manhattan U.S. Attorney Preet Bharara has sent subpoenas to Mt. Gox, other bitcoin exchanges, and businesses that deal in bitcoin to seek information on how they handled recent cyber attacks, a source familiar with the probe said on Wednesday.
Stocks that benefit from an improving housing market are rallying, led by a big post-earnings gain for Lowe’s.
In a reassuring sign to investors, Target Corp. Chief Executive Gregg Steinhafel said on a conference call Wednesday that the company's sales have started to recover from the card data breach it disclosed on Dec. 19.