US stocks edge lower

European Union ministers Tuesday rejected the proposals by private Greek debt holders of a 65 to 70 percent write-down of the country’s debt, Xinhua reported.  The news added to concerns about the European More...

Weak start for Wall Street

Stocks were all over the place on Monday, powering ahead early, before falling, rising again, then slumping. The U.S. dollar dived as the euro jumped above 1.3000 and commodity currencies rebounded from recent lows. More...

Eastman Kodak files for bankruptcy protection

Rochester, New York (USA) – Eastman Kodak, a 132-year-old American corporate icon, has finally filed for bankruptcy protection after failing to keep up with challenges of the digital era. Announcing the move More...

US stocks fall owing to bleak earnings

US stocks closed lower Friday as JP Morgan Chase reported worse-than-expected fourth-quarter earnings, while downgrades of several European countries spurred new concerns over the region’s debt crisis. Investors More...