MGM 1Q loss balloons as costs increase

MGM Resorts International says its first quarter loss ballooned as higher costs and some one-time charges overshadowed a huge jump in sales.
MGM shares dropped 4 […]

German unemployment down to 7.0 percent

Germany’s labor agency says the country’s unemployment rate slipped to 7.0 percent in April thanks to a traditional springtime upturn.
The agency said Wednesday the unadjusted […]

US orders for long-lasting goods rise 2.2 percent

WASHINGTON • U.S. companies ordered more long-lasting goods last month, showing businesses are willing to buy equipment and machinery even after an investment tax credit was […]

French police use tear gas on steelworkers

French police fired tear gas Thursday at steelworkers worried about job losses, as they tried to force their way toward the headquarters of President Nicolas […]

Sears’ survival plan sends stock surging

Sears posted a massive loss Thursday, but it’s betting on a new set of initiatives to help turn things around…and put bankruptcy rumors to […]

US stock futures higher after Greek bailout deal

U.S. stock futures are higher after Europe finally put together a bailout for Greece.
Dow Jones industrial average futures are up 36 points at 12,965. The […]

U.S. Lawmakers Trade Blame for $1.1 Trillion Deficit CBO Projects for 2012 - Bloomberg

A report showing the government will run a budget deficit of more than $1 trillion for the fourth consecutive year inflamed a debate over the […]

United Continental posts $138M 4Q loss

The parent company of United and Continental airlines says it lost $138 million in the fourth quarter because of the costs of integrating the two […]

New loonies, toonies to be made from steel

OTTAWA

Monti seeks more EU support ahead of Merkel talks

Italy’s Premier Mario Monti has warned that his country needs to see more concrete support from the European Union and Germany in return for the […]