North America

U.S. gas prices at April 2009 low, bottom in sight: Lundberg survey

The average price of a gallon of gasoline in the United States fell 13.3 cents in the past two weeks, falling to its lowest level since late April 2009, but the end of a months-long slide may be near, according to the Lundberg survey released Sunday.


Morgan Stanley awards CEO $4.4 million in restricted stock

Morgan Stanley's (MS.N) board of directors awarded Chairman and Chief Executive James Gorman $4.4 million in restricted stock as part of his 2014 bonus, the Wall Street bank said in a regulatory filing on Friday.

Canada's Mobilicity out of one airwaves auction, needs cash for another

Struggling Canadian wireless operator Mobilicity will not bid for more airwaves in one upcoming government auction and is trying to secure funding to participate in another, its court-appointed monitor said in a filing on the company's website.

Lock of Abe Lincoln's hair sells for $25,000 at Dallas auction

A lock of slain U.S. President Abraham Lincoln's hair and items connected to his assassin were top sellers on Saturday at an auction that fetched $803,889 in the sale of a top private collection of Lincoln memorabilia.


Latest News

Women in poor countries lose out on $9 trillion a year - more than the combined gross domestic products of Britain, France and Germany - because they are paid and employed less than men, ActionAid said on Friday.
SkyMall, whose in-flight shopping catalogs have long been a staple of airline travel, has filed for bankruptcy protection, blaming changing consumer habits and the loss of contracts from two major carriers, Delta and Southwest.
Kimberly-Clark Corp (KMB.N) is set to increase advertising and promotional spending for its diapers and launch new products in an escalating war with bigger rival Procter and Gamble Co (PG.N) in North America.
The U.S. Food and Drug Administration has approved NPS Pharmaceuticals Inc's drug Natpara to treat a rare hormone disorder, validating a bet by Shire Plc, which recently agreed to acquire NPS for $5.2 billion.
U.S. home resales rebounded in December, but continued low participation by first-time buyers in the market suggested the housing recovery would remain gradual for now.
The Federal Reserve could be key for Wall Street next week as investors get to hear from the U.S. central bank for the first time since a series of moves by its global peers, including the European Central Bank's massive stimulus plan.
Expedia Inc (EXPE.O) has acquired online travel agency Travelocity from technology company Sabre Corp (SABR.O) for $280 million in cash, the companies said in a statement on Friday, as consolidation in the online booking industry continues.
U.S. stocks fell modestly on Friday, pressured by underwhelming corporate news including guidance from economic activity bellwether UPS and as materials stocks fell after bearish notes.
A top economic adviser of U.S. President Barack Obama has called for tighter regulations on Wall Street brokers, saying abusive trading practices were costing billions of dollars to clients in their retirement savings each year, Bloomberg reported.
JPMorgan Chase & Co (JPM.N) paid Chief Executive Jamie Dimon a first cash bonus in three years, part of a total 2014 pay package of $20 million that was unchanged from the year before.
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