Unions representing Verizon workers in nine states say their members will work without a contract as more negotiations are scheduled with the wireless carrier.
Stocks closed modestly lower Friday as oil titans Exxon Mobil and Chevron led a slump in energy stocks.
The U.S. economy posted a solid rebound in the April-June quarter after a harsh winter, led by a surge in consumer spending and a recovery in foreign trade that bode well for the rest of the year.
U.S. stocks rose on Wednesday after Federal Reserve policymakers voted to keep interest rates unchanged and gave no indication that a rate rise was imminent. A modest rebound in Chinese stocks also helped push the market higher.
The Federal Reserve appears on track to raise interest rates later this year but signaled Wednesday it wants to see further economic gains and higher inflation before doing so.
Investors have been second-guessing the strength of company results this week and they found more reasons to do so on Thursday.
McDonald’s is looking at variety of changes to win back customers in the U.S.: A new value message to replace the Dollar Menu, breakfast all day, and nips and tucks to improve the taste of its burgers.
Coca-Cola says sales of Diet Coke are still sliding as people continue gravitating toward foods they feel are fresh.
U.S. stocks notched their second decline in as many days Wednesday, pulled down by a technology stock slump headlined by Apple and Microsoft.
Businesses big and small would get to keep claiming dozens of tax breaks that expired at the start of the year under a bill that overwhelmingly passed the Senate Finance Committee Tuesday.
Greece on Thursday won vital pledges of support from bailout lenders needed to keep its economy from collapsing, but officials in Athens said the painful austerity measures demanded in return were likely to force an election within months.
Heavy crude oil will be banned from a pipeline that runs under a scenic waterway where Lakes Huron and Michigan meet, officials said Tuesday, adding they’ll also require independent analyses of future alternatives to the pipelines and worst-case consequences of a spill.
The U.S. stock market edged lower Wednesday, ending a four-day rally, as a drop in energy shares and jitters over Greece outweighed encouraging earnings reports from banks.
The U.S. economy was expanding in all regions of the country in the late spring, aided by strong sales of autos and other consumer goods.
Twitter's stock briefly spiked on Tuesday after a fake story said the short messaging service received a $31 billion buyout offer.