Early morning traffic passes the Morgan Stanley building in New York's Times Square. Morgan Stanley Inc., the world's second-largest investment house, reported a boost in earnings on Thursday. (Mark Lennihan/AP/File)

Morgan Stanley quarterly profit jumps on stock trading

Morgan Stanley reported seeing income rise in all of its businesses. Profit for Morgan Stanley in wealth management jumped 83 percent, while profit from trading and investment banking was six times higher than it was a year earlier.

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Stocks extend hot start to July

Stocks edged higher on Wall Street Monday on a surge in Boeing, after it was found that batteries were not the cause of a fire on one of its 787 aircraft at London's Heathrow airport last week. The gains continue a hot streak for stocks in July.
787 Dreamliner fire wasn't caused by faulty batteries

Investigators say Friday's fire on an empty Boeing 787 Dreamliner plane at London's Heathrow Airport wasn't caused by faulty aircraft batteries, but was probably an issue with the fuselage. In January, battery problems with Boeing's Dreamliners grounded the whole fleet.
Hulu sale is called off, owners will invest $750 million

The rumored Hulu sale has officially been called off. 21st Century Fox, Disney, and NBCUniversal will remain owners of the online streaming service, and will reinvest $750 million to ensure its growth.
Stocks inch higher in record day on Wall Street

Stocks rallied in the closing minutes on Wall Street Friday, closing high enough to post new record highs for the Dow Jones industrial average and the Standard & Poor's 500 index. Profits at big banks Wells Fargo and JP Morgan came in better than expected, and that helped financial stocks.
Walmart Twinkies are here, on sale before Hostess planned

Walmart Twinkies will be on sale this weekend, even though Hostess says it asked retailers to wait until Monday to start selling the iconic snack cakes. Walmart announced Friday that Twinkies were available at about 1,600 stores and that about 3,000 of its 4,000 U.S. stores should have them by Sunday morning.
Dreamliner fire disrupts Heathrow Airport; Boeing shares plunge

Two separate issues involving Boeing 787 Dreamliner planes have disrupted travel and sent Boeing shares falling Friday. A 787 Dreamliner en route from England to the US had to turn back after experiencing a technical issue, and Heathrow Airport briefly shut down its runways after a fire on an empty 787.
Paula Deen fires legal team after admitting racial slurs

Paula Deen announced last week she had cut ties with her longtime agent who helped make her a Food Network star and start a media and merchandising empire that has largely collapsed.
Stocks surge as Bernanke calms stimulus worry

Stocks rose Thursday after Federal Reserve Chairman Ben Bernanke said the central bank will keep supporting the economy. Stocks that benefit most from a continuation of low interest rates, such as homebuilders, notched some of the biggest gains.