JPMorgan strikes bullish tone even as oil woes rise

In the latest sign of a divided economy, JPMorgan Chase CEO Jamie Dimon gave an impassioned speech Tuesday about how U.S. consumers are “winners” of the current economy, even as

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Stocks tumble after big rally as oil falls sharply

After its recent hot streak, the Dow Jones industrial average cooled off Tuesday as stocks tumbled amid a renewed slump in oil prices and a still uncertain outlook for global

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Business leaders call for Britain to stay in EU

The bosses of some of Britain’s biggest companies on Tuesday warned that an exit from the European Union could threaten jobs and put the economy at risk. Around 200 individuals,

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Allergan earnings top Wall Street forecasts

Shares of Allergan (AGN), the pending merger partner of U.S. pharmaceutical giant Pfizer, rose Monday after the Ireland-based company reported fourth-quarter earnings that topped Wall Street forecasts. The company’s stock

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Profit, economic recovery key to stock rally

Stocks kicked off the week in rally mode, building on its best week of the year. But for the bounce after a bruising start to the year to be sustainable,

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Valeant Pharmaceuticals share plunge

Shares of embattled drugmaker Valeant Pharmaceuticals International  International (VRX) nosedived Monday amid a report late Monday that the Canada-based company would restate some of its financial previous earnings. The stock

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HTC to start preorders on $799 Vive VR Feb. 29

A year after first showcasing its Vive virtual reality system at Mobile World Congress, HTC, in partnership with Valve, announced the consumer version of the system at this year’s event.

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Apple says iPhone ID change prevented data access

The ID passcode to the iPhone the FBI wants Apple to hack for information about one of the San Bernardino, Calif., terrorists was changed less than a day after the

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IRS audit rates of large corporations hit 10-year low

Large U.S. corporations had a good tax-filing season in 2015. Firms with at least $10 million in assets faced the lowest IRS audit rates in at least a decade as

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HSBC warns of bumpy outlook as 2015 profit dips

HSBC warned of a “bumpier” global financial outlook thanks to China’s slowing economy, as it reported Monday that profit dipped slightly last year. Europe’s biggest bank posted a net profit

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Fed minutes could shed light on rate hikes

Federal Reserve Chair Janet Yellen signaled this past week  the central bank will be reluctant to raise interest rates next month if global economic troubles and the punishing slide in

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Global markets rally as Japanese stocks surge 7% on extra stimulus hopes

European and Asian markets rallied Monday as Japanese stocks surged after dismal growth data raised hopes of extra stimulus from Tokyo. Japan’s Nikkei 225 index rebounded from a 5% dive

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Pandora shares bounce after Q4 earnings miss and sale report

Pandora shares fell more than 6% after the Net radio provider posted a net loss the fourth quarter and fiscal 2015. Pandora (P) shares fell 6.5% to $8.50 in after-hours

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Dow jumps 314 as oil has best day in 7 years

U.S. stocks rallied in a big way Friday, getting a lift from an explosive rally in oil and some good news in the beleaguered banking sector. The Dow Jones industrials

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Bank stocks take investors to the cleaners

It’s no surprise energy stocks are in a world of hurt — that’s what happens when oil is this cheap. But seeing bank stocks fall apart is the latest chapter

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Baidu shares up on buyout offer

Chinese company Baidu and payments service Square are moving up in morning trading, while game publisher Activision is sliding- Baidu. Shares of the Chinese Internet search provider surged after the company

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Softbank plans $4.4 billion share buyback

Japanese telecommunications giant Softbank has announced its largest ever stock buyback of about $4.4 billion. This repurchase of common stock follows an August 2015 buyback of about $1 billion, done

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Off-shore driller tumbles into Chapter 11 bankruptcy

Oil driller Paragon Offshore tumbled into Chapter 11 bankruptcy Sunday, becoming the latest victim of rock-bottom oil prices in a year likely to see more energy companies face insolvency. Paragon

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Morgan Stanley to pay $3.2B in mortgage settlements

Morgan Stanley (MS) has agreed to pay $3.2 billion to settle civil allegations the New York-based bank misled customers about the quality of mortgage-backed securities that soured during the nation’s

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Stock rout intensifies in flight to safety: Dow plunges 300+, gold surges

The 2016 stock market rout intensified Thursday with the Dow tumbling almost 400 points as investors spooked by plunging bank stocks in Europe, a further slide in oil prices and

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