AP Breaking News
The latest breaking business, global, and technology news from the Associated Press
Sector Snap: Exchange Operators
October 10, 2008, 1:44PM ET
Shares of stock exchange operators mostly rose Friday as a Barclays Capital analyst adjusted his earnings estimates for NYSE Euronext Inc. and Nasdaq OMX Group Inc., citing pricing concerns.
Russia to spend almost $7B on domestic stocks
October 10, 2008, 1:41PM ET
The Russian government will start buying stocks next week, spending billions to help prop up stricken markets, Prime Minister Vladimir Putin said Friday as parliament approved measures designed to get cash moving quickly into the troubled banking sector.
Locked up: Sales of safes grow as economy slides
October 10, 2008, 1:30PM ET
Afraid cash isn't secure even behind the thick walls of banks, more people are turning to something that's protected money since the days of Jesse James and Bonnie and Clyde: safes.
Redstone's vehicle to sell some Viacom, CBS shares
October 10, 2008, 1:29PM ET
Movie theater operator National Amusements Inc., which is controlled by Sumner Redstone, plans to sell some of its nonvoting stake in Viacom Inc. and CBS Corp. to pay down debt.
Midday Glance: Telecom companies
October 10, 2008, 1:19PM ET
Shares of some top telecom companies are down at noon:
Midday Glance: Specialty Retail companies
October 10, 2008, 1:19PM ET
Shares of some top specialty retail companies are down at noon:
Midday Glance: Pharmaceuticals companies
October 10, 2008, 1:19PM ET
Shares of some top pharmaceuticals companies are down at noon:
Midday Glance: PBM companies
October 10, 2008, 1:19PM ET
Shares of some top pbm companies are down at noon:
Automakers push key vehicles through fall TV shows
October 11, 2008, 12:54AM ET
In this fall's TV season, a secret agent speeds around in a Chevrolet Camaro, a man tries to save the world with the help of a Dodge Ram pickup, and a famous talking car returns to the streets in the form of a Ford Mustang.
Aggressive Mars breathes down Hershey's neck in US
October 11, 2008, 12:44AM ET
This stretch of rolling dairy country has long been Milton Hershey's turf, where he first found success making chocolate more than a century ago and earned a name synonymous with chocolate in America.
Flexible OLEDs could be part of lighting's future
October 11, 2008, 12:39AM ET
On a bank of the Mohawk River, a windowless industrial building of corrugated steel hides something that could make floor lamps, bedside lamps, wall sconces and nearly every other household lamp obsolete.
FCC sides with NFL Network in dispute with Comcast
October 11, 2008, 12:32AM ET
The Federal Communications Commission has sided with the National Football League in a long-running programming dispute with Comcast Corp., ruling that Comcast should carry the league's NFL Network on its popular digital cable package.
Chesapeake Energy shares tumble with energy prices
October 10, 2008, 9:13PM ET
Shares of Chesapeake Energy Corp. lost more than a fifth of their value Friday as crude and energy prices dropped and most broader markets slid amid widespread concern about the state of the global economy.
Exxon Mobil shares drop as crude continues slide
October 10, 2008, 9:08PM ET
Shares of energy giant Exxon Mobil Corp. hit their lowest point in more than two years Friday as crude prices dropped and concern continued to escalate on the state of the global economy.
Stocks got slammed, but was it a `crash'?
October 10, 2008, 9:05PM ET
Did stocks "crash"?
Anadarko Petroleum shares plunge with crude prices
October 10, 2008, 9:02PM ET
Shares of Anadarko Petroleum Corp. dropped Friday as crude oil prices touched fresh lows and the broader markets stumbled on concern about the global economy.
Macy's shares hit new low on weak forecast
October 10, 2008, 8:48PM ET
Macy's Inc.'s shares hit a 13-year low Friday, after the department store chain slashed its 2008 profit outlook amid deteriorating economic conditions.
Advanced Medical Optics sinks on lower forecast
October 10, 2008, 8:38PM ET
Shares of Advanced Medical Optics Inc. tumbled to an all-time low Friday after the eye care products maker cut its 2008 estimates, reporting a decline in laser vision procedures and an unexpected decrease in eye care sales.
Bebe Stores shares fall
October 10, 2008, 8:35PM ET
Shares of Bebe Stores Inc. fell Friday, after an analyst said there was 'no turnaround in sight' for the apparel retailer and lowered estimates on the company.
Pier 1 shares sink, analyst downgrades stock
October 10, 2008, 8:27PM ET
Shares of home decor chain Pier 1 Imports Inc. sank Friday as the broader markets mostly slid, retail outlooks remained weak and an analyst downgraded the company's stock because of a slowdown in turnaround efforts.
