Jan 7, 2013 8:25am

Stocks Off to Strong 2013 Start

Morning Business Memo: If only the rest of the year on Wall Street could be as good as the first week. The S&P 500 and Nasdaq are up 4.5 percent since January 1. The S&P 500 index is at the highest level in five years…. Read More »

Jan 4, 2013 8:08am

Google FTC Probe Finds No Antitrust Issues

Morning Business Memo… Federal regulators spent more than a year and a half looking into whether Google favored its own products in search results. They didn’t come up with much. The Federal Trade Commission has decided not to bring charges. The announcement is a blow… Read More »

Jan 3, 2013 3:17pm

Current TV, Al Jazeera Deal Tries to Lure U.S. Viewers

Hillary Clinton and some other Americans who want a global perspective may be fans of the Qatar-based news service Al Jazeera, but will Americans tune in to its new English channel? Owned by the government of Qatar but broadcast across 130 countries, the Arab-language news… Read More »

Jan 3, 2013 8:15am

Stock Euphoria May Dim Over Deficit

Morning Business Memo… Wall Street’s first day of trading for 2013 brought the biggest gains in more than a year for the Dow Jones index – up 308 points. Other averages rose after the fiscal cliff deal in Congress. Ten stocks rose for every one… Read More »

Jan 2, 2013 7:48am

Markets Surge After Fiscal Cliff Deal

Morning Business Memo Your 401(k) plan may be looking better this morning after a solid gain last year. Expect a big stock market bounce after the House passed the Senate’s fiscal cliff agreement. Futures shot up after the drama finally ended late Tuesday. Economists had… Read More »

By Lyneka Little

Dec 31, 2012 6:00am

Biggest Losers: 9 Stocks Hammered in 2012

The New Year is almost here, and executives at some U.S. companies are glad 2012 is over. These are the firms that went off the rails, leading to large share-price losses. For this story, we looked at the nine biggest share-price losers among U.S.-based companies with market… Read More »

By Lyneka Little

Dec 28, 2012 11:20am

Apple’s Tim Cook Takes 99 Percent Pay Cut

The world’s most valuable company, Apple Inc., gave CEO Tim Cook a 99 percent pay cut in 2012, according to documents filed with US securities regulators. The CEO who has been at the helm of the Cupertino-based company since founder Steve Jobs died in Oct…. Read More »

Dec 27, 2012 11:02am

Economy 2012: Recovery Gains Traction

For most of 2012 the US economy was about halfway there: halfway between recession and robust growth. “I’m optimistic that the worst days are behind us,” economist Diane Swonk told ABC News in February. “The problem is I don’t think the best days are ahead… Read More »

Dec 27, 2012 7:38am

Car Sales Seen Accelerating in 2013

Morning Business Memo: Car sales are revving up. After a surge of 14 percent this year compared to 2011, Edmunds.com forecasts another gain for next year. Total car sales are likely to top 15 million. As with the improving housing market, accelerating car sales are… Read More »

Dec 26, 2012 7:40am

Disappointing Holiday Sales May Spell Deep Discounts

Morning Business Memo Are you heading back to the mall with post-Christmas returns? The holiday shopping season was disappointing for many retailers, and that could mean deeper than expected discounts at some stores. Retail industry analyst Marshal Cohen says merchants are stuck with inventory they… Read More »