After moving mostly higher over the course of the two previous sessions, stocks saw some further upside during trading on Friday. Benefiting from strength among tech stocks, the Nasdaq extended a recent uptrend to reach a new record closing high.
Casino operator Wynn Resorts said its shareholders ousted Elaine Wynn from the board, reflecting fears that her presence may lead to disharmony with the management.
U.S. crude oil ended lower on Friday, but was still at a four-month high, even as fighting in Yemen threatens to embroil the entire region with the ongoing civil war seen as a proxy fight between oil powers Iran and Saudi Arabia.
For the week, crude oil futures gained about 2.5 percent.
Gold futures ended lower on Friday, with investors looking forward to the U.S. Federal Reserve's monetary policy meet outcome next week, for cues into its interest rate hike plans. The precious metal was also impacted after some upbeat manufactured durable good data from the U.S., even as the dollar...
Online retailer Amazon.com Inc. (AMZN) has launched a new service that helps customers find getaway destinations within driving distance of their homes.
The service, dubbed Amazon Destinations, provides lists of locations near a user's home for short-term trips, offering hotel bookings, as well as...
Abercrombie & Fitch said it would stop hiring store employees based on their body type or physical attractiveness, and that its events, including store openings, will no longer have the presence of shirtless models.
Jeni's Splendid Ice Creams revealed a voluntary recall of all its products and closing its scoop shops, citing the possible presence of Listeria monocytogenes.
The Columbus, Ohio-based company said the ice creams, frozen yogurts, sorbets, and ice cream sandwiches being recalled were distributed in...
Shares of App development software maker Apigee Corp. (APIC) are surging in their trading debut on the Nasdaq Global Select Market Friday following the company's initial public offering.
The San Jose, California-based company priced priced its IPO of about 5.12 million shares of its common stock...
With traders reacting positively to earnings news from some big-name tech companies, stocks have moved mostly higher during trading on Friday. As a result of the gains on the day, the tech-heavy Nasdaq is on pace to set a new record closing high.
Scientists at the Costa Rican Amphibian Research centre discovered a new species of lime-green glassfrog that looks exactly like the Kermit the Frog, the famous Muppet created by Jim Henson in 1955. The new species Diane's bare-hearted glassfrog with the scientific name Hyalinobatrachium dianae, has translucent skin through which the internal organs are visible.
HSBC Holdings Plc said it will review whether to move its headquarters out of the UK, as the Asia-focused lender grapples with higher taxes and regulatory costs in the country. The company's announcement on Friday comes less than two weeks before the UK general election on May 7.
After helping lift the Nasdaq to a new record closing high in the previous session, tech stocks are seeing some further upside in early trading on Friday. The major averages have turned mixed, however, as the Dow has slipped into negative territory.
A Canadian mining executive who was trying to execute a favorable judgment of more than $100 million for expropriation against the Mongolian government has been found dead in his hotel room in Mongolia, according to a company statement on Friday. Fifty-nine year old Canadian investor and Chairman of uranium miner Khan Resources, Inc., James Doak, "passed away at his hotel in Ulaanbaata.
The U.S. Department of Justice filed a lawsuit against Quicken Loans, alleging that the mortgage lender improperly originated and underwrote mortgages insured by the Federal Housing Administration or FHA. The lawsuit was filed by the DoJ in the U.S. District Court for the District of Columbia under the False Claims Act.
Cable television operator Comcast Corp. announced Friday that its merger with Time Warner Cable, Inc. and its deal with smaller rival Charter Communications, Inc. have been terminated. Separately, Time Warner Cable said the decision to terminate the merger was mutual.