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Updated: 26 min 15 sec ago
Ratings company Standard & Poor's will pay $77 million to settle with the U.S. government and two states to resolve an investigation into mortgage-backed securities.
The U.S. stock market is mixed in early trading after two straight days of gains.
Housing starts rose more than expected as groundbreaking for single-family homes hit the highest level in more than six years, a hopeful sign for the still-recovering market. Permits to begin new home construction, however, fell more than expected for the month.
From brain-devouring zombies in "The Walking Dead" to crime-scene bloodshed on "CSI," special-effects wizard Sam Nicholson has delivered gore galore to television viewers.
The Dominican Republic has issued $2.5 billion in bonds, the largest amount in the country's history.
Treasury Secretary Jacob Lew said Wednesday that the U.S. should lower the corporate tax rate but do so by closing loopholes, in a way that is revenue neutral in both the short and long term.
Construction started on new U.S. homes rose 4.4% in December, led up by single-family homes, while volatile apartment building slowed, according to government data released Wednesday.
Shares of IBM [IBM] were tracking to open down 2.5% to a four-week low of $53 on Wednesday as investors reacted to its mixed fourth-quarter earnings and outlook and Wall Street analysts gave a mash-up of varying opinions.
U.S. equity futures fell into negative territory after a disappointing outlook from Big Blue and as investors looked to reduce exposure ahead of the upcoming European Central Bank meeting which appears likely to result in new stimulus measures.
Shares of Netflix soared 18% in premarket trade Tuesday, putting them on track to open at a three-month highs, as many Wall Street analysts applauded the streaming video service's fourth-quarter results released late Monday.
National Grid is planning a $93 million project to upgrade the electrical system on Aquidneck Island to meet growing demand.
Construction of new homes rebounded in December, helping to push activity for the entire year to the highest level since the peak of the housing boom nine years ago.
Starboard Value said it has acquired a 13.2% stake in Insperity, which makes the activist investor the largest shareholder in the human resources outsourcing company.
An Ohio air force base is getting a "monster" $30 million super computer to meet a growing demand among scientists and researchers for high-speed computing power.
UnitedHealth Group Inc. on Wednesday said fourth-quarter net earnings were $1.5 billion, or $1.55 a share, up from $1.4 billion, or $1.41 a share, from the year-ago period.
Fifth Third Bancorp (FITB) on Wednesday reported fourth-quarter profit of $385 million.
UnitedHealth Group Inc. (UNH) on Wednesday reported fourth-quarter profit of $1.51 billion.
The Commerce Department reports on U.S. home construction in December.
Toledo City Council has given a health care company the go-ahead to move hundreds of jobs to a downtown waterfront campus that would include a renovated steam plant.
New England's power grid operator is set to provide an update on the region's power system.