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Microsoft's Nadella Hints at Changes in Letter to Employees

Thu, 07/10/2014 - 10:44am
In a letter to employees, the Microsoft CEO squashed rumors the Xbox unit might be spun off, while also hinting at changes to the company later this year.
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New emergency health care facility opens in Long Beach, NY, replacing Sandy damaged hospital

Thu, 07/10/2014 - 10:39am
A suburban city of 33,000 is once again receiving emergency health care after its hospital was severely damaged by Superstorm Sandy.
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Natural-gas Prices Turn Lower After EIA Data

Thu, 07/10/2014 - 10:36am
Natural-gas futures on Thursday turned lower after the U.S. Energy
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Lumber Liquidators shares sink more than 20 percent after cutting 2014 outlook

Thu, 07/10/2014 - 10:31am
Shares of Lumber Liquidators fell nearly 20 percent Thursday, a day after the hardwood floor retailer cut its earnings outlook for the year and said fewer people are coming into its stores than expected.
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Average US rate on 30-year mortgage edges up to 4.15 percent; 15-year loan up to 3.24 percent

Thu, 07/10/2014 - 10:11am
Average U.S. rates on fixed mortgages edged up slightly this week, remaining near historically low levels.
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U.S. Wholesale Inventories Climb 0.5% In May

Thu, 07/10/2014 - 10:06am
U.S. wholesale inventories increased by 0.5% in May, while wholesale sales rose 0.7%, the Commerce Department said Thursday.
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Babe Ruth memorabilia, including contract and home run ball, to be auctioned in Baltimore

Thu, 07/10/2014 - 10:03am
The first ball Babe Ruth hit over the fence in Yankee Stadium and his 1918 contract with the Boston Red Sox are among about three dozen Ruth-related items scheduled for auction in Baltimore.
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30-year-mortgage Rate Rises To 4.15%

Thu, 07/10/2014 - 9:59am
The average rate for a 30-year fixed-rate mortgage rose to 4.15% in the week that ended July 10 from 4.12% in the prior week, according to a Thursday report from federally controlled mortgage-buyer Freddie Mac .
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Christie-led Republican Governors Association raises record $26.6 million in second quarter

Thu, 07/10/2014 - 9:58am
The investigations into New Jersey Gov. Chris Christie's administration don't seem to be dimming his fundraising power.
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Coroner: 24-year-old attending Electric Daisy Carnival in Las Vegas died of Ecstasy overdose

Thu, 07/10/2014 - 9:54am
A 24-year-old California man who was found unresponsive in the parking lot of last month's Electric Daisy Carnival died of an Ecstasy overdose, authorities in Las Vegas said Wednesday.
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US stocks sink on Portugal worries, retail earnings disappointment

Thu, 07/10/2014 - 9:49am
U.S. stocks are dropping in early trading amid financial jitters in Europe and disappointing retail earnings.
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Techs Join Market Retreat Led By Twitter, Facebook, Apple

Thu, 07/10/2014 - 9:47am
Technology stocks joined a broad market retreat Thursday on downbeat news from Europe focused on a troubled major bank in Portugal.
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GOP lawmakers work to block new Obama administration rules intended to curb ivory sales

Thu, 07/10/2014 - 9:34am
Republicans in the House want to hold up new federal rules intended to crack down on ivory sales because it is becoming more difficult for owners of musical instruments, antiques and guns made with ivory to trade in such items.
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More than 80 tanks, other military equipment to be auctioned in Northern California

Thu, 07/10/2014 - 9:32am
More than 80 tanks amassed by a Stanford University-trained engineer are set to go up for sale in the San Francisco Bay Area in what is being billed as one of the largest auctions of military vehicles ever.
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Slain sniper author Kyle says in video testimony he left Ventura out of book over lawsuit fear

Thu, 07/10/2014 - 9:31am
A slain military sniper whose memoir sparked a lawsuit from former Minnesota Gov. Jesse Ventura admitted before his death that he removed Ventura's name from the book because he was afraid of being sued, jurors in Ventura's defamation lawsuit heard Wednesday.
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US stock futures sink ahead of the opening bell; Portugal worries rattle world markets

Thu, 07/10/2014 - 9:21am
U.S. stock futures are down sharply ahead of the market open Thursday after worries emerged about the financial stability of one of Portugal's largest financial firms.
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Chinese hackers pursue key data on U.S. workers: NYT

Thu, 07/10/2014 - 9:18am
Chinese hackers broke into the computer networks of the U.S. government agency that keeps the personal information of all federal employees in March, the New York Times reported, citing senior U.S. officials.
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OPEC's oil market share to shrink in 2015, despite growing demand

Thu, 07/10/2014 - 9:08am
OPEC expects its share of the world oil market to shrink in 2015 for a third year running, due in part to the U.S. shale oil boom, giving the exporter group little comfort from an acceleration in global demand.
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Bank of America resubmits request for dividend increase: WSJ

Thu, 07/10/2014 - 9:04am
Bank of America Corp (NYSE:BAC) has asked regulators to approve a higher quarterly dividend of 5 cents per share after it withdrew a previously planned increase in April, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
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Part of U.S. Capitol closed to probe asbestos incident: officials

Thu, 07/10/2014 - 8:48am
Parts of the U.S. Capitol were closed early on Thursday after an "industrial spill" occurred, although some tours of parts of the building were being allowed, according to U.S. Capitol Police.
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