While the rest of the economy pointed higher in July, American workers took a step backwards. Hourly and weekly earnings languished when factoring in the rise in cost of living, according to figures the Labor […]
Yelp shares jumped after the online review website reported a better-than-expected profit. The company’s shares are up 18 percent Thursday, a day after it posted second-quarter earnings-per-share of 12 cents versus the 1 cent Thomson […]
General Electric is working with Credit Suisse bankers in preparation for a $1.5 billion sale of its power-conversion unit, Bloomberg News reported Friday. The embattled conglomerate paid $3.2 billion for the unit in 2011, according […]
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