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Monday, Jan 7, 2019 at 05:22 PM PST

Amazon Emerges as Most Valuable US Firm Amid Market Turmoil

Amazon Emerges as Most Valuable US Firm Amid Market Turmoil

Amazon has eclipsed Microsoft as the most valuable publicly traded company in the U.S. as a see-sawing stock market continues to reshuffle corporate America's pecking order. The shift occurred Monday after...

Monday, Jan 7, 2019 at 12:39 PM PST

No Words: Mastercard to Drop Its Name From Logo

No Words: Mastercard to Drop Its Name From Logo

What's in a name? For MasterCard, not enough to keep it in the logo. The company is removing the word Mastercard from the pair of interlocking red and yellow circles where it has resided for more than 50...

Monday, Jan 7, 2019 at 09:01 AM PST

PG&E Shares Hammered as Potential Liabilities Mount

PG&E Shares Hammered as Potential Liabilities Mount

California's largest power company is getting battered in midday trading on reports that it's considering bankruptcy protection in the face of potentially crippling liability damages from a spate of wildfires.

Monday, Jan 7, 2019 at 01:09 AM PST

After Stock Swings, Wall Street Has Plenty to Be Nervous About

After Stock Swings, Wall Street Has Plenty to Be Nervous About

Welcome to the brave new world of investing, where every day in the stock market can feel like bedlam. Investors have been careening from fear to relief and back again as they react to morsels of news about the...

Saturday, Jan 5, 2019 at 11:24 AM PST

Netflix and Chill?: Streaming Is About to Get Complicated

Netflix and Chill?: Streaming Is About to Get Complicated

Streaming TV may never again be as simple, or as affordable, as it is now. Big media companies such as Disney and WarnerMedia are creating their own streaming services in an effort to shoulder aside more...

Friday, Jan 4, 2019 at 01:27 PM PST

Sears Believes Lampert's Bid to Save Company Is Short

Sears Believes Lampert's Bid to Save Company Is Short

Sears' advisors are testing just how much Chairman Eddie Lampert wants to keep the retailer alive. Lampert has put forward a $4.4 billion bid to save Sears and 50,000 jobs by buying it out of bankruptcy through...

Friday, Jan 4, 2019 at 08:48 AM PST

Marriott Hack: Fewer Affected But 5M Passports Accessed

Marriott Hack: Fewer Affected But 5M Passports Accessed

Marriott says fewer guest records were compromised than feared in a previously announced data breach. But the largest hotel chain in the world confirmed Friday that approximately 5.25 million unencrypted...

Friday, Jan 4, 2019 at 01:27 PM PST

Stocks Swing to Huge Gains After Jobs Report, Trade Talks

Stocks Swing to Huge Gains After Jobs Report, Trade Talks

Global stocks soared Friday and reversed the big losses they suffered just a day earlier. The Dow Jones Industrial Average rallied 746 points in the latest twist in a wild three months for markets. Hopes for...

Friday, Jan 4, 2019 at 08:08 AM PST

US Employers Added 312K Jobs in Dec., Jobless Rate Ticks Up

US Employers Added 312K Jobs in Dec., Jobless Rate Ticks Up

U.S. employers dramatically stepped up their hiring in December, adding 312,000 jobs in an encouraging display of strength for an economy in the midst of a trade war, slowing global growth and a partial shutdown...

Thursday, Jan 3, 2019 at 04:56 PM PST

For-Profit College Owner Agrees to End 500M in Student Debt

For-Profit College Owner Agrees to End 500M in Student Debt

A company that owns two national for-profit college chains said Thursday that it will erase nearly $500 million in debt incurred by former students as part of a settlement with 48 states and the District of...

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