A 2002 news article about United Airlines filing for bankruptcy protection resurfaced erroneously on trading screens Monday -- and the company's shares quickly plummeted as a result. Business reporter Frank Ahrens of the Washington Post examines the mishap.
Shares of government-chartered mortgage giants Fannie Mae and Freddie Mac plunged to their lowest levels since 1991 in Thursday trading over concerns the companies won't be able to raise necessary capital.
Ford Motor Co. surprised Wall Street Thursday when it announced a $100 million profit for the first quarter, marking the automaker's first profitable quarter since the spring of last year.
Stock indexes rose in early Monday trading after banking giant JP Morgan Chase & Co. confirmed reports that it had quadrupled its offer for troubled investment bank Bear Stearns Co.
Question/Comment: If the Dow Jones goes up by 200 points how are these 200 points measured? Paul Solman: Roughly, the sum of the stock prices of the 30 companies in the Dow Jones industrial average, companies chosen as the biggest…
As fears of a U.S. economic downturn stir tumult in global finanical markets, two financial experts examine the impact of the market turmoil on the average American consumer and how the week's events may fit into the broader U.S. economic…
The Supreme Court ruled Tuesday to limit security fraud lawsuits, prohibiting investors from suing third parties such as banks or accountants for helping manipulate stock prices.
Whole Foods, which opened in 1978 as a single organic grocery store, has expanded to 200 stores and over $9 billion in yearly sales. NewsHour economics correspondent Paul Solman reports on the company's success, the growing competition and the organic…
Former Enron CEO Jeffrey Skilling was sentenced Monday to more than 24 years in prison for his part in accounting practices that led to the company's collapse. His is the latest in a series of cases of corporate corruption that…
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