Business

Photo

Wall Street edges up, set for best month since February

NEW YORK - U.S. stocks edged higher in a quiet session on Friday as the latest in a string of positive data pushed investors to extend a rally that had been briefly threatened by overseas concerns, although gains were capped ahead of an extended holiday weekend.

Recent Business News

AT&T sues Cox Communications for patent infringement

- AT&T is suing Cox Communications for infringing eight patents dealing with network quality after the regional cable provider ignored its complaints about the issue and made "billions" off of the technology, according to a new lawsuit.

Tech, Media 3:12pm EDT

Kraft issues voluntary recall of some American Singles cheese product

NEW YORK - Kraft Foods Group Inc said on Friday it is voluntarily recalling 7,691 cases of some varieties of its Kraft American Singles as a precautionary measure after a supplier failed to store an ingredient correctly.

2:45pm EDT

Part of Espirito Santo empire may try to block sale of insurer

LISBON - Part of the troubled business empire of Portugal's Espirito Santo family said on Friday it may try to block the planned sale of an insurance company it once controlled, adding to opposition already expressed by a group of investors.

1:48pm EDT

Sprint grabs lifeline with rural U.S. roaming deals

WASHINGTON - With plans for a T-Mobile US Inc merger in tatters, Sprint Corp is expanding a roaming program with rural cellphone companies that could provide a much-needed way for the debt-laden wireless carrier to cheaply increase its footprint.

12:15pm EDT

Disappearing euro zone inflation set to heighten ECB concerns

BRUSSELS/FRANKFURT - Euro zone inflation dropped to a fresh five-year low in August, data showed on Friday, something likely to concern the European Central Bank but not force it into immediate policy action.

9:11am EDT

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary

How letting women fail can help them succeed

For women, fear of failure isn't an irrational position. Instead, it’s more likely a reaction to social pressures that tell them they will be more harshly judged than their male peers on their perceived missteps.