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US stocks dip on Walmart, middling data

Specialist Bradley Kessler, left, works with traders on the floor of the New York Stock Exchange in this May 7, 2013 file photo. US stocks Thursday, May 16, 2013, took a pause from a recent winning streak, selling off after a disappointing earnings report from Walmart and some middling economic data.  AP PHOTO/RICHARD DREW

US stocks Thursday took a pause from a recent winning streak, selling off after a disappointing earnings report from Walmart and some middling economic data.

Posted: May 17th, 2013 in Latest Business Stories | Read More »

Sun unleashes 3 potent solar flares

This blend of two images taken by NASA’s Solar Dynamics Observatory shows a solar eruption that occurred on May 12, 2013. The Sun has unleashed three potent solar flares in just under 24 hours, marking the most intense activity yet this year and causing limited interruptions to high-frequency radio communications. more strong solar flares may be expected in the coming days.  AP PHOTO/NASA'S SOLAR DYNAMICS OBSERVATORY

The Sun has unleashed three potent solar flares in just under 24 hours, marking the most intense activity yet this year and causing limited interruptions to high-frequency radio communications.

Posted: May 16th, 2013 in Latest Business Stories,Science and Health | Read More »

US stocks hit fresh record highs

Traders gather at the post of specialist Ronnie Howard, center, on the floor of the New York Stock Exchange in this April 29, 2013, file photo. US stocks closed at new all-time highs following a choppy day of trading Wednesday as investors shrugged off more economic gloom from the eurozone.  AP PHOTO/RICHARD DREW

US stocks closed at new all-time highs following a choppy day of trading Wednesday as investors shrugged off more economic gloom from the eurozone.

Posted: May 16th, 2013 in Latest Business Stories | Read More »

US stocks rally to new record highs

In this April 24, 2013, photo, Kenneth Polcari, right, works with fellow traders on the floor of the New York Stock Exchange. US stocks Tuesday, May 14, 2013, surged to new all-time closing highs on renewed optimism after a prominent hedge fund manager said the stock rally of 2013 still has more room to go. AP PHOTO/RICHARD DREW

US stocks Tuesday surged to new all-time closing highs on renewed optimism after a prominent hedge fund manager said the stock rally of 2013 still has more room to go.

Posted: May 15th, 2013 in Latest Business Stories | Read More »

US stock market rally pauses on Monday

In this April 24, 2013, photo, Kenneth Polcari, right, works with fellow traders on the floor of the New York Stock Exchange. A record-breaking rally in US stocks paused Monday, May 13, 2013, as investors assessed whether the rise in stock valuations overstated the recent improvement in the economy.  AP PHOTO/RICHARD DREW

A record-breaking rally in stocks paused Monday as investors assessed whether the rise in stock valuations overstated the recent improvement in the economy.

Posted: May 14th, 2013 in Latest Business Stories | Read More »

US stocks fall, snapping streak of records

In this May 2, 2013, photo, ING US Chairman and CEO Rodney Martin, Jr., right, watches as Getco specialist Peter Giacchi calls out prices during the IPO of Martin's company, on the floor of the New York Stock Exchange. US stocks fell Thursday, May 9, 2013, as buyers took a breather after a slate of successive record closes.  AP PHOTO/RICHARD DREW

US stocks fell Thursday, as buyers took a breather after a slate of successive record closes.

Posted: May 10th, 2013 in Latest Business Stories | Read More »

US markets barrel to fresh records

Trader Christopher Morie works on his handheld device on the floor of the New York Stock Exchange on April 29, 2013. US stocks continued their upward climb Wednesday, riding positive economic data from Germany and China to new records.  AP/RICHARD DREW

US stocks continued their upward climb Wednesday, riding positive economic data from Germany and China to new records.

Posted: May 9th, 2013 in Latest Business Stories,Photos & Videos | Read More »

US must colonize Mars—Buzz Aldrin

This picture provided by NASA on December 3, 2012, shows a view of the third (L) and fourth (R) trenches made by the 1.6-inch-wide (4cm) scoop on NASA’s Mars rover Curiosity in October 2012. The image was acquired by the Mars Hand Lens Imager (MAHLI) on October 31, 2012.  AFP/NASA/HO

Buzz Aldrin, the American astronaut who was the second man to walk on the Moon, said Wednesday that the United States must lead the way toward building a permanent settlement on Mars.

Posted: May 9th, 2013 in Latest Business Stories,Photos & Videos,Science and Health | Read More »

Dow closes above 15,000 for first time

A board on a trading post on the floor of the New York Stock Exchange shows the Dow Jones industrial average with an intraday number above 15,000, Tuesday, May 7, 2013. The Dow Jones Industrial Average Tuesday closed above 15,000 for the first time, as investor optimism about the US economy bolstered equities like Caterpillar.  AP PHOTO/RICHARD DREW

The Dow Jones Industrial Average Tuesday closed above 15,000 for the first time, as investor optimism about the US economy bolstered equities like Caterpillar.

Posted: May 8th, 2013 in Latest Business Stories | Read More »

Asia stocks muted as cheer over US jobs fades

A man looks at the electronic stock board of a securities firm in Tokyo, Tuesday, May 7, 2013. Japan’s benchmark stock index, reopening after a long weekend holiday, surged Tuesday in the wake of a U.S. jobs report issued late last week that handily beat expectations. (AP Photo/Itsuo Inouye)

Asian stock markets were muted Tuesday as cheer over the better-than-expected U.S. jobs report faded.

Posted: May 7th, 2013 in Latest Business Stories | Read More »

Cloud software firm BMC sold for $6.9B

bmc-software

A consortium of private equity groups announced a deal Monday to acquire enterprise software group BMC Software for $6.9 billion in cash.

Posted: May 7th, 2013 in Latest Business Stories | Read More »

Oil higher in Asia after robust US jobs report

Oil Boom-Gasoline Prices

Oil was up in Asian trade Monday after an upbeat US jobs report bolstered confidence the US economic recovery is on track.

Posted: May 6th, 2013 in Latest Business Stories | Read More »

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