American Jim Yong Kim Is Chosen To Lead World Bank
Posted: 3:13 PM Jim Yong Kim, an American who is president of Dartmouth College, has been chosen to be the next president of the World Bank.
Posted: 3:13 PM Jim Yong Kim, an American who is president of Dartmouth College, has been chosen to be the next president of the World Bank.
Posted: 11:11 AM WalMart's CEO Mike Duke received a pay package in 2011 worth $18.1 million, a 3 percent dip from the year before.
Posted: 10:50 AM Exxon is teaming up with Russian oil giant Rosneft to develop oil and natural gas fields in Russia and North America.
Posted: 8:07 AM Stocks are rising after the government reported a surprisingly strong increase in retail sales last month.
Posted: 6:56 AM U.S. retail sales rose at a solid pace last month, pushed up by higher sales of electronics and home and garden supplies.
Posted: 6:54 AM Good news has been hard to come by at the pump lately, but there is something to be optimistic about Monday: crude oil prices are starting to fall after a productive weekend with Iran.
Posted: 2:54 PM Google plans to split its stock 2-for-1 in part to preserve its leadership's voting power.
Posted: 10:16 AM Imports declined and exports increased slightly, causing the trade deficit to fall in February.
Posted: 10:12 AM The average rate on the 30-year fixed mortgage dropped near its all-time low this week.
Updated: 11:35 PM Looking for a job? Thursday is your chance to find one!
Posted: 8:11 AM Stocks are opening sharply higher, a day after their worst loss of the year.
Posted: 9:53 AM Stocks are sliding on disappointing news about the U.S. economy, extending a losing streak that could turn into the year's longest so far.
Posted: 8:56 AM The Labor Department says employers posted slightly more positions in February.
Posted: 8:05 AM Best Buy Co. CEO Brian Dunn has resigned from the electronics retailer.
Posted: 2:58 PM For the first time since March 12, the Dow finished the day below 13,000 Monday.
Posted: 7:55 AM U.S. Sen. Mark Udall is holding a town hall to talk about jobs for veterans and Fort Carson's New Combat Aviation Brigade.
Posted: 6:15 AM Gas prices are still rising, but at least they are rising less.
Posted: 1:50 PM Americans took out more loans to buy cars and attend school in February but used their credit cards less frequently for the second straight month.
Updated: 7:37 AM Employers pulled back sharply on hiring last month, a reminder that the U.S. economy may not be growing fast enough to sustain robust job growth. The unemployment rate dipped, but mostly because more Americans stopped looking for work.
Posted: 10:25 AM J.C. Penney Co. has laid off 13 percent of the staff at its headquarters in Plano, Texas.
Posted: 9:17 AM Ford is planning to add factories in China that will increase the automaker's production by 350,000 vehicles each year.
Posted: 8:52 AM The average rate on the 30-year fixed mortgage fell only slightly this week.
Posted: 12:35 PM U.S. service companies expanded at a healthy pace last month and stepped up hiring, though growth slowed a bit from the previous month.
Posted: 11:01 AM Republican Mitt Romney says President Barack Obama is exaggerating the likely impact of a House Republican budget plan Romney supports.
Posted: 10:05 AM JPMorgan Chase will pay a $20 million fine to settle charges of illegally handling funds that failed Lehman Brothers had deposited with the bank.
