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Wall Street trims gains as tech stocks weigh

Wall Street trimmed gains in early afternoon trading on Thursday as tech stocks, including heavyweights Apple and Google parent Alphabet , edged lower.

Recent Business News

Facebook shares surge as results quash fears of slowing growth

Shares of Facebook Inc touched a record high on Thursday on the back of overwhelmingly positive quarterly results, adding more than $27 billion to its market value.

Tech, Facebook 10:06am EDT

U.S. regulators approve fix for 326,000 VW diesels

WASHINGTON The U.S. Environmental Protection Agency and California Air Resources Board on Thursday approved a fix for 326,000 Volkswagen AG diesel cars, the agencies and the automaker said Thursday.

U.S., Environment 1:25pm EDT

EU gives initial OK to more Russia sanctions over Siemens, no final decision

BRUSSELS European Union states have given initial backing to a German proposal to blacklist several more Russian nationals and companies over the delivery of Siemens gas turbines to Crimea, but made no final decision, diplomats said.

Wells Fargo moves more auto staff to central hubs, eyes rebranding: memo

Wells Fargo & Co is making more structural and management changes to its auto lending unit, according to an internal memo viewed by Reuters, part of the bank's effort to control risk more effectively. The latest overhaul will phase out 57 regional offices across the United States and eliminate the positions of those regional managers, according to the memo.

1:01pm EDT

'High Times' ready to roll with public offering

The publisher of marijuana enthusiast magazine, "High Times," plans to take the company public, High Times Holding Corp announced Thursday, as an increasing number of U.S. states legalize the drug. | Video

1:41pm EDT

Monetizing the Dallas Cowboys brand

Dallas Cowboys Chief Operating Officer Stephen Jones talks about maximizing the value of his team.   Full Article 


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