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Apple sells over 5 million iPhone 5, supply constraints loom

- Apple Inc sold over 5 million iPhone 5 smartphones in the three days since it hit stores, but shares sagged as the company struggled to meet demand.

Recent Business News

Glencore halts Hong Kong trading ahead of announcement

HONG KONG - Commodities trader Glencore International halted trading in its Hong Kong shares on Tuesday ahead of the release of a price sensitive information, the company said in a stock exchange filing.

10:30pm EDT

Former principal sues Pantheon Ventures for discrimination

SAN FRANCISCO - A former principal at Pantheon Ventures, Carol Foster, has sued the firm for gender and age discrimination, as well as defamation, according to a lawsuit filed in Superior Court of California.

10:08pm EDT

Lion Air eyes more jets for growing SE Asia market

PARIS - Indonesia's Lion Air may add more jets to recent plane orders in order to keep pace with Southeast Asia's transport growth as a U.S. analyst said the airline may place a multi-billion-dollar order with Europe's Airbus.

11:31pm EDT

Fed's Williams sees expanded QE3 in 2013, end by 2014

SAN FRANCISCO - Offering one of the clearest road maps yet for the Federal Reserve's latest monetary stimulus, John Williams, a top Fed policy maker, said on Monday he expects the central bank to expand its bond-buying program next year and end it before the close of 2014.

7:14pm EDT

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DOW 13,558.92 -20.55 -0.15%
S&P; 500 1,456.89 -3.26 -0.22%
NASDAQ 3,160.78 -19.18 -0.60%
TR US Index 131.72 -0.35 -0.26%
EUR/USD 1.2937 +0.05%
GBP/USD 1.6226 +0.04%
USD/JPY 77.830 -0.03%
Gold 1,767.70 +3.10 +0.18%
Oil 92.31 +0.38 +0.41%
Corn 744.75 -3.50 -0.47%

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