Feb 27, 2014 by Mark BrooksRise in Home Prices Helps Freddie Mac Post $8.6 Billion Quarterly Net IncomeMcLean, Va.-based Freddie said it will pay a dividend of $10.4 billion to the U.S. Treasury next month.
Feb 27, 2014 by Mark BrooksWendy's Q4 Mixed; Maintains 2014 OutlookIn North America, sales at company-run restaurants open at least a year rose 1.9%.
Feb 27, 2014 by Mark BrooksSears Q4 Loss Narrows as It Lowers ExpensesSales at stores open at least a year declined 6.4%.
Feb 26, 2014 by Mark BrooksU.S. Bank Earnings Rise 17% as Loan Losses FallStill, the government says banks continue to have difficulty increasing revenues, and are relying on setting aside less for loan losses to boost earnings.
Feb 26, 2014 by Mark BrooksU.S. Safety Agency Likely Probing GM Recall Response Documents filed by GM show it knew of the problem as early as 2004.
Feb 26, 2014 by Mark BrooksBig Changes Ahead for Frequent Fliers on Delta Aiming to reward fliers based on what they spend, rather than how many miles they fly.
Feb 26, 2014 by Mark BrooksAirbus Posts Higher 2013 Profit on Increased DemandThe company forecast jet deliveries to remain at about the same level this year as last year when it sold 626 aircraft.
Feb 25, 2014 by Mark BrooksOil and Natural Gas Fall on Weather ForecastsAlso weighing on oil was an expectation for rising U.S. supplies.
Feb 25, 2014 by Mark BrooksSpain's Repsol Accepts $5 Billion for Argentine Unit Argentina claimed Repsol did not do enough to develop large fields of unconventional natural gas -- claims vigorously denied by Repsol.
Feb 25, 2014 by Mark Brooks"Consumer Reports" Names Tesla Model S Its Top PickFor the first time in 16 years, Chrysler earned a spot on the list. Its Ram 1500 was named best pickup truck.
Feb 25, 2014 by Mark BrooksTiVo Founders Try to Reprogram Internet VideoThe Qplay aims to become a vital video hub by offering its users a constantly changing mix of clips from dozens of websites.
Feb 25, 2014 by Mark BrooksNew BlackBerry Phones Include Low-Cost Phone in IndonesiaBlackBerry announces plans to expand its services for businesses needing secure communications, particularly in regulated industries such as health care and financial services.
Feb 25, 2014 by Mark BrooksLinkedIn to Launch Site in Chinese, Will Comply With Censorship Rules LinkedIn says it has 4 million users in China but until now its service was in English.
Feb 25, 2014 by Mark BrooksJPMorgan Chase Cutting Thousands More Jobs Than PlannedJPMorgan Chase plans 8,000 layoffs this year as its mortgage and retail banking businesses shrink.
Feb 24, 2014 by Mark BrooksZuckerberg Takes Long View With WhatsApp, Internet Facebook and WhatsApp appear to hold divergent views on a number of matters, but Zuckerberg said the companies share a common vision in making the world more connected.
Feb 24, 2014 by Mark BrooksCigarette Maker Lorillard Bans Animal TestingLorillard says it hasn't done any animal testing in about five years.
Feb 24, 2014 by Mark BrooksThe Evolution in U.S. Cell Phone Plans Over the Past YearT-Mobile led the way by no longer subsidizing phones and padding the service fees.
Feb 24, 2014 by Mark BrooksEli Lilly Buys Animal Health Business, Lowers ForecastLilly has been hit hard by patent losses in recent years and has said it expects both earnings and revenue to dip this year as it adjusts.
Feb 24, 2014 by Mark BrooksMen's Wearhouse Raises Takeover Bid for Jos. A. Bank, With Some StringsThe new offer, which is set to expire on March 12, is conditioned on Jos. A. Bank ending its deal for Eddie Bauer.
Feb 24, 2014 by Mark BrookseBay Responds to Icahn, Says It's Keeping PayPalPayPal, which eBay bought for $1.3 billion in 2002, is now growing faster than the company's core marketplaces business.