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Economy

Stocks fall on Europe, worrisome economic reports

NEW YORK (AP) — Stocks slipped Thursday after a couple of downbeat economic reports from the U.S. and unease over Europe overshadowed positive earnings from the largest American retailer and an encouraging jobs report. (...)

J.C. Penney's shares in free-fall after 1Q loss

NEW YORK (AP) — Wall Street doesn't seem to like J.C. Penney's new everyday low pricing any better than Main Street does. (...)

Sears Holdings returns to a profit in 1st quarter

HOFFMAN ESTATES, Ill. (AP) — Sears Holdings Corp. returned to a first-quarter profit, benefiting from a gain on the sale of some stores. (...)

Wal-Mart's 1Q profit up 10.1 percent

NEW YORK (AP) — Wal-Mart may have gotten its groove back, but an alleged bribery scheme threatens to curtail its progress. (...)

Facebook's $16 billion IPO 1 of world's largest

NEW YORK (AP) — Facebook's initial public offering of stock is shaping up to be one of the largest ever. The world's definitive online social network is raising at least $16 billion, a big windfall for a company that began eight years ago with no way to make money. (...)

Facebook's IPO one of world's largest

NEW YORK (AP) — In one of the largest initial public offerings of stock ever, Facebook said Thursday that it is raising at least $16 billion for itself and its early investors in a transaction that values the world's definitive online social network at $104 billion. (...)

Business Markets

Stocks slump; Dow posts 11th loss in 12 days

NEW YORK (AP) — The Dow Jones industrial average posted its 11th loss in 12 days after a pair of discouraging economic reports unnerved investors already worried about a possible exit from the euro by Greece. (...)

Futures dip ahead of jobs data as Europe churns

NEW YORK (AP) — Stock futures are falling, with unease about Europe overshadowing what is expected to be another positive U.S. employment report and also some big numbers from the world's largest retailer. (...)

Stocks fall; Dow has its 11th loss in 12 days

NEW YORK (AP) — The Dow Jones industrial average fell for the 11th time in 12 days after a pair of discouraging economic reports came as investors worried about Greece's possible exit from euro. (...)

US stocks fall as Europe doubts bubble to surface

Fear of European debt is once again playing havoc with Wall Street. (...)

Stocks open lower as Europe overshadows jobs data

NEW YORK (AP) — Stocks slipped in early trading Thursday as unease over Europe overshadowed an encouraging report on unemployment claims and good results from big retailers including Wal-Mart Stores. (...)

Stocks fall; Dow has its 11th loss in 12 days

NEW YORK (AP) — The Dow Jones industrial average fell for the 11th time in 12 days after a pair of discouraging economic reports came as investors worried about Greece's possible exit from euro. (...)

Business News

Sports Headlines

Jay Penske's team finds engines for 2 cars

INDIANAPOLIS (AP) — Jay Penske finally cut a deal to race in the Indianapolis 500. (...)

Tom Renney out as coach of the Edmonton Oilers

EDMONTON, Alberta (AP) — Tom Renney is out as coach of the Edmonton Oilers. (...)

RI gov: Schilling company making $1.1M payment

PROVIDENCE, R.I. (AP) — Rhode Island's governor says former Red Sox pitcher Curt Schilling's troubled video game company is making a $1.1 million payment to the state that it defaulted on this month. (...)

Mariners' Hernandez roughed up in 9-3 loss

CLEVELAND (AP) — The struggling Seattle Mariners could have used a strong outing from their ace Wednesday night. (...)

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