New claims for unemployment insurance shot up for the second week in a row, suggesting many U.S. workers are still suffering from an economy that is trying to claw its way out of a recession.
General Motors Corp., which just ended its zero percent financing program, will begin offering a $2,002 rebate in its place, a spokesman for the automaker said Thursday.
Some investors had problems accessing their online brokerage accounts on Datek Online Financial Services' Web site Wednesday morning because of technical problems.
Prudential Securities Inc. downgraded Kmart Corp.'s stock from "hold" to "sell" on Wednesday, citing disappointing fourth quarter results and the company's "precarious" cash position.
Manufacturing activity shrank for the 17th consecutive month in December, but not as much as analysts expected, raising the prospect that the struggling sector is poised for a rebound, an industry group reported Wednesday.
Baby Einstein educational videos are designed to teach infants and young children human expression, including language, art and music, as well as concepts. They've caught the attention of the Walt Disney Co.
After a smooth holiday debut, Europe's new single currency was put to the test Wednesday as stores reopened and people headed back to work with unfamiliar money in their pockets.
