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  • Tesla profits beat estimates; demand predicted to grow

    The electric car manufacturer's increased first quarter profits were fueled in part by zero-emission vehicle credit sales to other car makers. They were also boosted by more efficient manufacturing. With the right financing, the company predicts its Model S electric car could now be accessible to 10 million American households. 

  • Stocks slip on weak earnings

    Stocks fell on Wall Street Thursday after disappointing earnings from a range of companies. Commodities stocks held steady following a wild couple of days.

  • Paul Ryan's new Medicare plan could be tip of the iceberg (+video)

    As Rep. Paul Ryan this week once again proposes reforms to Medicare, there are signs that others in Congress are acknowledging that Medicare deficits must be addressed.

  • Google cuts 1,200 more jobs at Motorola

    Google is cutting 1,200 jobs in its Motorola division just months after cutting 4,000 Motorola jobs. 

  • Energy Voices Invest in oil? Or invest in gas?

    There are investment opportunities in both, but finding your edge in oil is a lot easier than in natural gas, right now. 

  • Spending cuts: As Washington frets, Wall Street shrugs (so far)

    Spending cuts set to pummel most government programs starting today so far haven't had much effect on investors. The $85 billion in across-the-board 'sequestration' cuts were expected to cause airport delays, disrupt public services and result in lower pay or layoffs for millions of government workers.

  • JPMorgan cuts 19,000 jobs, calls it a good sign

    JPMorgan cuts 15,000 jobs from its troubled mortgage sector, citing healthier home mortgages. The other 4,000 job cuts come from consumer banking.

  • New casino bankrupt: There goes Atlantic City? (+video)

    New Jersey's newest casino is declaring bankruptcy. If the structured settlement works as planned, it will erase about two-thirds of its $1.5 billion in debt.

  • General Motors to buy back US-owned stake. US to lose billions?

    General Motors stake owned by the US treasury will be sold over the coming year, assuring a multibillion-dollar loss for the federal government. General Motors will buy back $5.5 billion in shares, and the Treasury will have to sell the rest of the stock at a high price in order to break even on the $50 billion bailout GM received. 

  • Economic toll of Sandy: Damage second only to Katrina?

    Superstorm Sandy cut a path of destruction that could near $50 billion. Economic activity in New York City dipped 20 percent in storm's wake, but economists do not expect that Sandy will have a major impact on the nation's economic growth.

Editors' picks:

Doing Good

 

What happens when ordinary people decide to pay it forward? Extraordinary change...

Danny Bent poses at the starting line of the Boston Marathon in Hopkinton, Mass.

After the Boston Marathon bombings, Danny Bent took on a cross-country challenge

The athlete-adventurer co-founded a relay run called One Run for Boston that started in Los Angeles and ended at the marathon finish line to raise funds for victims.

 
 
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