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Shell drills in the Arctic, opening new waters to oil
Scott Tong Sep 11, 2012
Shell's start on a pilot well in once-frozen Arctic waters comes after $4 billion in preparation. It could take 10 years for this first Arctic well to produce oil.
Can 'Super Mario' Draghi save the eurozone?
Stephen Beard Sep 6, 2012
Investors in Europe are calling today "Super Thursday": the day when the head of the European Central Bank Mario Draghi rides to the rescue and saves the euro. Draghi is set to unveil his much-heralded plan to end the eurozone debt crisis.
Eurozone members wary of buying other countries' bonds
Christopher Werth Aug 28, 2012
Several countries in the eurozone are preparing to borrow by selling bonds. Each nation in the bloc is becoming more wary of buying the debt of its neighbors.
Staples loses sales, Target nabs a profit
Josh Brown Aug 15, 2012
Shares in the office supply store Staples are down 15 percent this morning after the company said its sales dropped 5.5 percent last quarter. Meanwhile, the discount retailer Target said it made a $700 million profit last quarter
Pfizer profits jump despite loss of Lipitor patent
Amy Scott Jul 31, 2012
Pfizer seems to be weathering the loss of its patent for Lipitor just fine. The drug company says its second quarter profit jumped 25 percent. That's despite lower revenue, and competition from generics for its cholesterol-fighting blockbuster.
BP oil earnings report shows signs of weakness
Stephen Beard Jul 31, 2012
The British oil company BP is reporting a sharp drop in profits. The company made just $238 million last quarter, compared with more than $5 billion a year ago.
GDP growth slows to 1.5%
Stacey Vanek Smith Jul 27, 2012
The Commerce Department announced Gross Domestic Product ticked up 1.5 percent in the second quarter. That's down from a growth rate of 2 percent in the first part of the year.
Facebook reports slowdown in revenue growth
Nancy Marshall-Genzer Jul 27, 2012
A lot of the earnings reports we've seen so far this week have been disappointing, including Facebook.
FarmVille creator Zynga reports loss in second quarter
Nancy Marshall-Genzer Jul 26, 2012
Yesterday after markets closed we got results from Zynga, the maker of Facebook games like FarmVille. And things ain't looking so good down on the farm.
Eurozone crisis hits Shell, other earnings
Karen Hoggan Jul 26, 2012
The crisis in the eurozone is hitting profits everywhere; Anglo-Dutch oil giant "Shell" is the latest. Shell says this morning earnings fell 13 percent compared to the same quarter last year. This follows a string of U.S. companies blaming Europe.
