Business

Photo

Wall St. gains on Apple; S&P up for fourth straight day

NEW YORK - U.S. stocks rose on Tuesday, with the S&P 500 on track for a fourth straight session of gains as Apple and Texas Instruments rallied after their results.

Recent Business News

EU fines JPMorgan, UBS, Credit Suisse total $120 million

BRUSSELS - The European Commission fined JPMorgan , UBS and Credit Suisse a total of 94 million euros ($120 million) on Tuesday for taking part in cartels in the financial sector.

Tough U.S. rivalries, China food scandal pound McDonald's

- McDonald's Corp's - which has not given investors many reasons to sing the fast-food chain's "I'm lovin' it" jingle - on Tuesday said quarterly profit dropped by nearly one-third and warned that global restaurant sales will fall again in October.

10:39am EDT

NY Fed spotted JPMorgan 'Whale' risks four years before scandal: report

WASHINGTON - The New York Federal Reserve knew about risks J.P. Morgan faced from certain credit derivative exposure as early as 2008, but failed to act properly to head them off, the central bank's inspector general said on Tuesday.

Verizon posts higher revenue, falls short of profit estimates

WASHINGTON - Verizon Communications Inc on Tuesday posted lower-than-expected quarterly earnings, but revenue rose as it added customers to its wireless business.

8:45am EDT

Apple seen riding higher on strong iPhone demand, iPad rebound

- Strong global demand for Apple Inc's iPhone 6 will drive revenue growth through 2015, while updated models should help reverse three straight quarters of declining iPad sales, analysts said.

Tech, Media 8:07am EDT

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary

What could be sweeter than sugar?

The top sugar brand in the United States, Domino Sugar, has announced it is joining the diet bandwagon by launching a no-calorie, "natural" sweetener line extracted from Paraguay's stevia plant.