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Updated: 37 min 20 sec ago

OPEC report, high US crude inventories sends oil prices to new 5-year lows

Wed, 12/10/2014 - 12:22pm
The price of oil took another dive Wednesday to new five-year lows after OPEC projected the world will need less of its oil next year.
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Boehner Says House Will Pass Funding Bill Thursday

Wed, 12/10/2014 - 11:50am
The House of Representatives will pass a bill on Thursday to fund most of the government through September, Speaker John Boehner said Wednesday.
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Oil Falls Further After EIA Shows Supply Increase

Wed, 12/10/2014 - 11:45am
Crude-oil futures lost more ground Wednesday after the U.S. Energy Information Administration reported a surprise increase in U.S. supplies.
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Pharmaceuticals companies shares mixed at 10 a.m.

Wed, 12/10/2014 - 11:37am
Shares of some top pharmaceuticals companies are mixed at 10 a.m.: Baxter International Inc. fell $.08 or .1 percent, to $73.71.
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Supermarkets companies shares mixed at 10 a.m.

Wed, 12/10/2014 - 11:37am
Shares of some top supermarkets companies are mixed at 10 a.m.: Kroger rose $.69 or 1.1 percent, to $62.18.
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Leisure companies shares down at 10 a.m.

Wed, 12/10/2014 - 11:37am
Shares of some top leisure companies are down at 10 a.m.: Carnival fell $.49 or 1.1 percent, to $43.48.
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Credit Card companies shares down at 10 a.m.

Wed, 12/10/2014 - 11:37am
Shares of some top credit card companies are down at 10 a.m.: American Express Co. fell $.46 or .5 percent, to $92.91.
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Managed Care companies shares down at 10 a.m.

Wed, 12/10/2014 - 11:37am
Shares of some top managed care companies are down at 10 a.m.: Aetna fell $.66 or .7 percent, to $88.90.
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Gold companies shares up at 10 a.m.

Wed, 12/10/2014 - 11:37am
Shares of some top gold companies are up at 10 a.m.: Barrick Gold Corp. rose $.33 or 2.7 percent, to $12.39.
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Silver companies shares up at 10 a.m.

Wed, 12/10/2014 - 11:37am
Shares of some top silver companies are up at 10 a.m.: Hecla Mining Co. rose $.05 or 1.7 percent, to $2.65.
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Restaurant companies shares mixed at 10 a.m.

Wed, 12/10/2014 - 11:37am
Shares of some top restaurant companies are mixed at 10 a.m.: Brinker International Inc. fell $.22 or .4 percent, to $56.56.
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Appeals Court Overturns Two Insider Trading Convictions

Wed, 12/10/2014 - 11:17am
A U.S. appeals court overturned the convictions of two former hedge fund managers on charges relating to insider trading, according to a court filing on Wednesday.
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Square Merchants Top $100 Million In Daily Transactions

Wed, 12/10/2014 - 11:02am
Square, the mobile payment processor most recently valued at $6 billion, said its sellers recently processed more than $100 million in sales in a single day.
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Qualcomm To Lay Off 600 Employees: Report

Wed, 12/10/2014 - 10:57am
Qualcomm Inc. is set to lay off about 600 of its workers worldwide, with 300 to go from its California operations, CNET
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Under pressure to give commercial drones greater access to US skies, FAA issues 4 more permits

Wed, 12/10/2014 - 10:34am
The government says it is granting four companies permission to use drones for aerial surveillance, construction site monitoring and oil rig flare stack inspections, bringing the total number of companies granted permits for commercial operations to 13.
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Gold’s (Recycled) Manifest Destiny

Wed, 12/10/2014 - 10:19am
After gold's 2% ride higher Tuesday, technical traders wonder whether the next big resistance zone will be breached, or if it induces fresh bouts of stale longs in the market.
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Revel seeks to scrap casino deal with Canadian purchaser, and sell to runner-up from Florida

Wed, 12/10/2014 - 9:52am
Revel wants a bankruptcy judge to let it scrap a deal to sell itself to a Canadian firm, and instead let the runner up buy the shuttered New Jersey casino.
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Ebola Fighters Named Time's 'Person Of The Year' For 2014

Wed, 12/10/2014 - 9:39am
Time Magazine named health-care professionals from Doctors Without Borders, Samaritans Purse and others working to quell the ebola epidemic in West Africa as its "Person of the Year" for 2014 on Wednesday.
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Obama announcing $1B in public-private money to boost early access to education

Wed, 12/10/2014 - 9:35am
President Barack Obama is following up on his promise to expand early education opportunities for tens of thousands of children by announcing a $1 billion public-private investment in programs for the nation's youngest learners.
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China mulling cigarette tax increase as nation of 300 million smokers cracks down

Wed, 12/10/2014 - 9:35am
China's government is likely to raise cigarette taxes in order to boost prices and deter smoking, an official said Wednesday, amid a push by the nation of 300 million smokers to crack down on the habit.
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