Topic: Alcoa Inc.

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Playing the IRS card: Six presidents who used the IRS to bash political foes

Since the advent of the federal income tax about a century ago, several presidents – or their zealous underlings – have directed the IRS to use its formidable police powers to harass or punish enemies, political rivals, and administration critics. Here are six infamous episodes.
Photos of the Day: Photos of the Day 02/02

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Slowing manufacturing numbers lead to mixed day on The Street

Stocks struggled during a quiet start to holiday-week trading following news that American manufacturing numbers seem to have slowed in June. The Dow average fell after the manufacturing report, finishing down 8 points at 12,871.
Donald Marron Rio+20: Green infrastructure gets its day to shine

Held two decades ago, the original Earth Summit gathered world leaders in Rio de Janeiro to try to grapple with climate change, biological diversity, and other environmental challenges. Rio+20 is smaller, but still generating interesting ideas.
As fears about Europe's future worsen, the Dow closes down

Fearing a financial rupture in Europe, investors around the world fled from risk Wednesday. They punished stocks and the euro, and the yield on a benchmark US bond hit its lowest point since World War II. The Dow closed down 161 points to land at 12419.
Despite oil prices, falling euro, Dow closes up slightly

Oil prices fell, the euro sank to a 22-month low, and the yield on the U.S. government's 10-year Treasury note fell near a historic low. But the Dow Jones industrial average edged up 125 points to close at 12580 as investors continue to hope for a Chinese growth spurt.
Stock market opens higher on hope for China

Stock market opened higher Tuesday amid optimism that China will take action to reverse the recent slowdown in its economic growth. Rising home prices also gave the stock market a boost.
Stocks fall despite US company profits

The Dow fell 68 points to close at 12964 as a slew of US companies announced big profits Thursday, but investors spooked about the economy sold stocks anyway.
Stocks rebound after Tuesday's big slide

The Dow jumped 89 points to close at 12805, a stark turnaround from yesterday's free-fall.
Stocks' worst day in 2012: Dow loses 213

The Dow slipped 213 to 12715, its biggest drop of the year and third triple digit loss in four days.
U.S. stocks fall; Dow slips below 13000

U.S. stocks closed sharply lower Monday following disappointing job growth in March. The Dow fell 130 points to 12929, its first close below 13000 in a month.
Oil prices drop ahead of Iran talks

Oil prices fall below $102 a barrel. Iran set to negotiate its nuclear program with six major powers Friday, pushing oil prices even lower after last week's fall on weaker US demand.
Stock market set to open sharply lower

Stock market futures point to lower open in its first session after Friday's disappointing jobs report. Next worry for stock market: quarterly earnings.
US stocks plunge; Dow down 124

US stocks suffered their worst losses in a month amid renewed worry over European debt. US stocks on the Dow lost 124 points to close at 13074.
Stocks mixed; Dow rallies late

After dropping as much as 94 points earlier Thursday, the Dow rallied late in the day to close up 19 points, at 13145.
Falling commodity prices lower stocks

Falling commodity prices pushed stocks lower Wednesday. The Dow fell 71 points to close at 13126, and all three major indexes lost at least a half percent.
Stock market takes a dive, ending 2012 rally

Stock market suffered its biggest losses of the year Tuesday amid worries about the global economy and Greece. The Dow fell 203 points to close at at 12759 in its biggest drop since November.
US stocks slip on foreign worries

US stocks faltered Monday on trouble in China and Greece. The Dow lost 14 points to close at 12962
Stocks endure worst drop of 2012

Stocks fall on worries over roadblock to an agreement on Greece's sovereign debt, marking the first losing week for stocks in 2012. Dow falls 89 points, S&P falls 9 points.
Stocks rise; Dow approaches 13000

The Dow is within reach of the rarefied 13000 mark — a level it hasn't seen since May 2008, four months before the financial system almost came apart.
Stock prices rally late; Dow up 21

Stock prices were falling most of the day but rallied late on a drop and oil prices and bond auctions in Europe. Stock prices buoyed the Dow 21 points to end the day at 12471.
Stocks get a boost from Europe, corporate earnings

The Dow rose 69 points to close at 12462 as hopes for strong corporate earnings boosted the markets.
Stocks drift higher on yet another slow trading day

The Dow crept up 33 points to close at 12393 as traders waited for quarterly financial results from Alcoa Corp. that might offer clues about the economic recovery.
Good news on jobs fails to lift stocks

Despite a strong jobs report, the Dow lost 55 points to close at 12359 amid continued concern over Europe's financial problems
Stock market's Happy New Year: Dow up 179

The Dow rose 179 points to close at 12397 on the first day of trading in 2012.
Stocks climb, S&P turns positive for 2011

Stocks rise modestly in the slowest trading day of the year. Stocks on the S&P 500 gain 11 points, pushing the index 8 points above its open at the beginning of the year.
Stocks slide on lowered economic growth estimate

The Dow lost 53 points to close at 11493 amid a downward revision of U.S. economic growth and renewed worries about Europe's debt crisis