| Aug 6, 2011
| 5:09 AM
NEW YORK (Reuters) - The United States lost its top-tier AAA credit rating from Standard & Poor's on Friday in an unprecedented blow to the world's largest economy in the wake of a political battle that took the country to the brink of default.
| Aug 6, 2011
| 4:55 PM
DETROIT -- Honda will recall 2.49 million cars, small SUVs and minivans worldwide, including its popular Accord sedan, to repair a software problem that could damage the automatic transmission.
The recall includes 1.5 million vehicles in the United...
| Aug 7, 2011
| 7:15 PM
Asian stocks fell in early Monday trading, but losses were not as severe as some analysts feared, in the initial world markets response to Standard & Poor's downgrade of U.S. debt.
U.S. stock futures tumbled about 1.7% in early electronic trading as...
| Aug 18, 2011
| 7:47 AM
NEW YORK -- Turmoil returned to U.S. stock markets at Thursday's open as renewed concerns about the U.S. and global economies sent major indexes plunging and pushed gold to a new record high.
The Dow Jones industrial average dropped 480 points, or 4.2%,...
| Aug 18, 2011
| 1:31 PM
Global stock markets experienced big losses on Thursday amid intensifying concerns about Europe's debt crisis and a batch of disheartening economic reports in the United States.
The Dow Jones industrial average finished the day down 419.10 points, or 3....
| Aug 30, 2012
| 10:47 AM
Sears Holdings Corp., one of the earliest members of the S&P 500, is being kicked out of the index next week and replaced by a Dutch chemicals company.
The retailer, which trades on Nasdaq, will exit the index when the market closes on Sept. 4....
| Mar 14, 2013
| 9:29 AM
The Standard & Poor’s 500 is pushing ever closer to record territory -- but with little help from small investors.
The index is within five points of an all-time record after rising Thursday morning. As of 9 a.m. PDT, the S&P was up 5.99 points,...
| Jun 6, 2012
| 1:41 PM
U.S. stocks rallied Wednesday, with the Dow and S&P 500 logging their best gains of the year, as investors grew hopeful that more stimulus for the global economy is around the corner.
"There's a lot of optimism from rumors that there will be some type of...
| Dec 11, 2013
| 6:38 PM
SAN FRANCISCO -- In a dramatic rebound from its bungled initial public offering last year, Facebook Inc. will join the Standard & Poor’s 500 Index next week, capping its fitful rise to one of the nation's most powerful technology companies....
| Dec 12, 2013
| 11:41 AM
SAN FRANCISCO -- Facebook shares rose Thursday on news that the giant social network will be added to the Standard & Poor’s 500 index next week.
S&P Dow Jones Indices made the announcement Wednesday that Facebook will replace Teradyne Inc. on...