| |Tuesday, May. 21, 2013
NEW YORK — The price of oil fell Tuesday as investors waited for the Federal Reserve's latest views on the U.S. economy.Read more
|Tuesday, May. 21, 2013
NEW YORK — Stock indexes are edging higher in midday trading on Wall Street as investors look ahead to the Federal Reserve's next moves.Read more
| |Tuesday, May. 21, 2013
WASHINGTON — Treasury Secretary Jacob Lew says the Internal Revenue Service's targeting of conservative political groups was "unacceptable and inexcusable" and he has directed the agency's acting director to hold people accountable.Read more
|Tuesday, May. 21, 2013
DETROIT — General Motors says it will invest $44.5 million at a Lansing, Mich., factory, creating 200 new jobs.Read more
| |Tuesday, May. 21, 2013
TAMPA, Fla. — Jamie Dimon, the CEO and chairman of JPMorgan Chase, easily survived a vote Tuesday that would have called on him to give up his role as chairman of the nation's largest bank. But shareholders sent a message that the bank needs better oversight by giving only narrow approval to three of the bank's board members.Read more
| |Tuesday, May. 21, 2013
NEW YORK — Reassuring comments from a Federal Reserve official and better earnings from two big retailers helped push the stock market higher Tuesday.Read more
|Tuesday, May. 21, 2013
NEW YORK — U.S. stock futures are down in light trading ahead of an appearance this week by Fed Chairman Ben Bernanke before Congress.Read more
|Tuesday, May. 21, 2013
LONDON — U.K.-based mobile telecoms company Vodafone has reported a 1.9 increase in annual profits despite a slowdown in much of its European operations.Read more
|Tuesday, May. 21, 2013
MINNEAPOLIS — Best Buy Co. on Tuesday reported a loss for its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.Read more
|Tuesday, May. 21, 2013
LONDON — British luxury brand Burberry said Tuesday that rapidly improving business in developing markets was offset by the end of a perfume licensing deal, dragging net profit down 3 percent for the year.Read more