Monsanto Wins GMO Seed Patent Fight at Supreme Court by The Associated Press May 13th 2013 12:50PM The Supreme Court said an Indiana farmer violated Monsanto patents on soybean seeds that are resistant to its weed-killer by growing additional crops without buying new beans.
Jamie Dimon to JPMorgan: You Need Me More Than I Need You by DailyFinance Staff May 13th 2013 9:25AM The Wall Street Journal reports JPMorgan CEO and Chairman Jamie Dimon has threatened to leave the company if shareholders vote the split up his two positions.
Fed to Wind Down Stimulus Program, but When? by DailyFinance Staff May 13th 2013 12:20AM The Fed's bond-buying program has been one of the main drivers of the market rally over the past nine months. Now the central bank has reportedly decided on its next move.
5 Winners and Losers of the Week in Business by Rick Aristotle Munarriz May 10th 2013 6:00PM AP Companies can make brilliant moves, but there are also times when things don't work out quite as planned. From an electric car maker exploring self-driving cars to a cable...
Fast Food Chains Vie for Thrifty Diners Amid Low Growth by DailyFinance Staff May 10th 2013 12:15PM McDonald's, Burger King and Wendy's are fighting for cash-strapped customers. With growth sluggish and beef prices high, the dollar menu and chicken items are points of focus.
JPMorgan Sued by California Over Credit Card Robosigning by DailyFinance Staff May 10th 2013 9:16AM JPMorgan Chase has been sued by the state of California for allegedly using robo-signing and other illegal practices to collect debts from 100,000 credit card holders.
Panasonic Reports Big Yearly Loss but Forecasts Profit by The Associated Press May 10th 2013 6:44AM Panasonic forecast its operating profit will rise 55 percent in the year ending March 31 as it steps back from struggling operations in TVs and other consumer gadgets.
America's 10 Most Profitable Companies by CNNMoney May 10th 2013 5:00AM It was a banner year for these Fortune 500 companies. Learn why their profits soared.
It's Electric! Tesla Motors Shifts Into Profitability by DailyFinance Staff May 9th 2013 12:15PM A business can’t have a much better week than Tesla Motors'. The electric car maker posted its first-ever quarterly profit and received Consumer Reports’ best-ever score.
America's 7 Most Profitable Products by 24/7 Wall St. May 9th 2013 9:31AM Successful companies may become giants, with large catalogs of products, but they frequently rely heavily on just one brand for a major chunk of their sales and profits.
News Corp Beats the Street, Plans a Spin-Off by DailyFinance Staff May 9th 2013 9:25AM News Corp posted higher earnings, led by strong growth at its Fox television division. The company is spinning off its publishing unit, including The Wall Street Journal.
News Corp Results Beat Estimates, Spin-Off On Track by Reuters May 9th 2013 9:10AM Rupert Murdoch's News Corp reported quarterly earnings that beat Wall Street expectations, aided by growth at its cable networks. It plans to spin-off its publishing business.
Target Turns to Facebook Promos for In-Store Purchases by DailyFinance Staff May 8th 2013 12:45PM Target is rolling out a program to let shoppers use their Facebook accounts to redeem special offers on in-store purchases, another brick-and-mortar response to 'showrooming'.
Markets at Record Levels; More Bad News for J.C. Penney by DailyFinance Staff May 8th 2013 9:20AM The Dow Industrials closed yesterday above the 15,000 level for the first time. It's the Dow's 16th record this year. The S&P 500 also set another record.
Dow Has Its First Close Above 15,000 Points by The Associated Press May 7th 2013 4:30PM The Dow Jones industrial average is punching through another milestone: its first close above 15,000. The Dow rose 87 points to 15,056 points Tuesday, a gain of 0.6 percent.
Health Care Inflation Slows; Will It Last? by DailyFinance Staff May 7th 2013 12:45PM Since the recession hit, medical inflation has been roughly 3%, far less than the 7.4% long-term average from 1980 through 2008. Could this mean lower costs into the future?
Apple Stock Heats Up Again; Windows 8 Broken? by DailyFinance Staff May 7th 2013 9:15AM After a seemingly endless series of downgrades by Wall Street analysts, Barclay's has raised its price target on Apple stock to $525. It closed yesterday at $460.
Hertz Moves Headquarters to Florida by The Associated Press May 7th 2013 8:54AM Hertz is moving its headquarters to Florida from New Jersey, trimming corporate expenses after its $2.3 billion buyout of former rival Dollar Thrifty.
S&P 500 Inches Up for New Record as Stocks Mostly Hold Steady by The Associated Press May 6th 2013 4:20PM Bank of America led a rally in big-bank stocks in mostly quiet trading on Monday. Stock indexes ended little changed, though the S&P 500 rose 3 points and set another...