On Wall Street, Obama says some firms not learning lessons of Lehman and the financial crisisSeptember 14th, 2009 Obama: Some Wall St. firms ignoring Lehman lessonsNEW YORK — President Barack Obama says some Wall Street firms are ignoring the lessons of the Lehman Brothers collapse.
A day to remember: Man pops the question, woman tumbles from trail at water falls near DCSeptember 7th, 2009 Hiker tumbles down rocks after marriage proposalPOTOMAC, Md. — It was a lucky day for one hiker near Washington — and not just because her boyfriend popped the question.
Verizon 2nd-quarter profit down 7 percent, but matches Wall Street expectationsJuly 27th, 2009 Verizon 2Q profit falls, but matches expectationsNEW YORK — Verizon, the nation's largest wireless carrier, says its second-quarter profit fell 7 percent as rising costs outstripped an increase in sales. Its results are in line with Wall Street expectations.
Federal authorities say 6 peoploe have been arrested in Wall Street securities fraud caseJuly 8th, 2009 6 arrests in Wall Street fraud caseNEW YORK — Federal authorities say six people have been arrested in a securities fraud investigation involving a Wall Street brokerage firm. The case involves an alleged $140 million scheme that spanned a decade.
Wall Street falls in midday trading amid weaker-than-expected retail sales reportMay 13th, 2009 Weak retail sales send stocks lower; Dow off 170NEW YORK — Wall Street is falling sharply after the government reported weaker-than-expected retail sales in April. The market is putting a two-month rally on hold amid concern that an economic recovery won't come as fast as hoped.
Gold prices inch higher as dollar shows more weakness, stocks retreatMay 8th, 2009 Gold prices inch higher as dollar weakensNEW YORK — Gold prices are slightly higher as the dollar shows more weakness and stocks tumble on Wall Street. Energy and agriculture futures are also slightly higher.
Correction: Wall Street-Week Ahead storyMay 5th, 2009 Correction: Wall Street-Week Ahead storyNEW YORK — In a May 3 story about the upcoming week on Wall Street, The Associated Press misidentified the firm for which Tim Speiss works. Speiss is chairman of the personal wealth adviser division at Eisner LLP, not Ensnare LLP.
Wall Street falls on swine flu, banking fearsApril 29th, 2009 NEW YORK - Major US stock indices fell for a second straight day Tuesday as concerns over the economic impact of a growing swine-flu outbreak and the state of US banks overshadowed a massive jump in consumer confidence. There were 64 confirmed cases of swine flu in five US states, and alerts have been raised across the globe.
Man reluctantly rescued after plunging into Niagara FallsMarch 13th, 2009 NEW YORK - A man, who jumped into the icy cold waters of the Niagara falls in an apparent suicide bid, reluctantly allowed himself to be rescued by the police and fire service crew. It took almost 45-minutes to retrieve the man from water, who repeatedly swam with the current.
Wall Street tumbles to 12-year low as US comes to AIG aidMarch 3rd, 2009 NEW YORK - Wall Street tumbled with the Dow and S&P 500 falling to a 12 year low after insurance giant American International Group reported the biggest quarterly loss in corporate history. The Dow Jones industrial average Monday lost almost 300 points, or 4.2 percent to end at 6763.29, its lowest point since April 25, 1997.
Wall Street plummets amid global sell-offMarch 3rd, 2009 NEW YORK - Wall Street plunged Monday with the Dow Jones average dropping almost 300 points to go below 7,800 amid global sell-off. All major indexes plunged more than 3 percent at the closing.
India allows Wall Street Journal to publish facsimile editionFebruary 10th, 2009 NEW DELHI - The government Wednesday gave approval to two foreign newspapers, the Wall Street Journal and the Wall Street Journal Asia, to publish their facsimile editions from India. This is for the first time the government has approved the publication of the facsimile edition of foreign newspapers.
Wall Street tumbles on economy worriesJanuary 29th, 2009 NEW YORK - Wall Street tumbled Thursday as a series of economic data and earnings reports suggested that the economic conditions were deteriorating. The US Labor Department reported that the number of continuing unemployment benefit claims increased by 159,000 to 4.78 million during the week ending Jan 17, the highest on records since 1967 and much worse than economists' expectation of 4.65 million.
'Foreign investment in realty driving land prices'January 13th, 2009 NEW DELHI - The influx of foreign investments is responsible for the 'sky high' land prices and should be discouraged in the realty sector, a leading domestic developer said here Wednesday. 'The foreign investments have done no good to the sector.
Wall Street falls as retailers bring down marketJanuary 7th, 2009 NEW YORK - Wall Street opened lower Thursday after big US retailers reported disappointing sales in the holiday shopping season. Retailers such as Wal-Mart, Macy's and Limited Brands cut earning forecasts after recession-hit consumers reduced holiday spending.