Dow Jones News

HP rallies 14 trouncing broader sell-off

HPQ ). HP is riding the wave of Meg Whitman's turnaround plan. The CEO said she's "encouraged" by the results so far, but cautioned it will take some time. The company reported earnings late Wednesday that topped notoriously low forecasts and issued an improved profit outlook. So, even though sales are still not quite up to par, investors are feeling pretty ...
Can KKR dance the Saks two-step

KKR ) reportedly is considering a massive luxury retail consolidation move: Buying both Saks Inc. (which just went on the block) and Neiman Marcus (being sold by a PE group that includes TPG, Warburg Pincus, Leonard Green and Credit Suisse) -- and then merging the two companies together. To be sure, there are some good business arguments for such a move. For example, a Citi research note points ...
Market Snapshot U.S. stocks drop hit by Fed Asian selloff

NEW YORK (MarketWatch) -- U.S. stocks dropped in Thursday morning trade after Japanese equities dived overnight, as global markets reacted to weak Chinese manufacturing data and worries about the Federal Reserve's potential tapering of its bond-buying ...
What tummy tucks can teach us about health care reform

Despite growing demand for cosmetic surgery, prices are rising more slowly than inflation. Fortune -- We're constantly hearing why the market forces that bring us great deals on cars, cellular phones, and houses can never work in health care. One leading myth is that each patient is so different, and every procedure so tailored, that doctors can't determine the cost, or tell patients ...
Dow Jones stocks drop after Japans Nikkei plunges 7 percent

The Dow Jones industrial average fell 112 points to 15,191 in early trading Thursday, or 0.7 percent.The Standard & Poor's 500 fell 16 points to 1,638, or 1 percent. The Nasdaq fell 29 points to 3,433, or 0.8 percent.Stocks were down 2.7 percent in Germany and 2.6 percent in France. Japan's Nikkei plunged 7 percent but is still up 39 percent this year.Investors were spooked ...

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Movie Review

Men in Black 3

Although there is no compelling reason for there to be a third Men in Black film (if it is to make up for the lackluster second installment, released way back in 2002, it feels almost embarrassingly overdue), Men in Black 3 does contain the single most impressive specia ... ...

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U.S. stocks sink at the open on Fed China fears

NEW YORK (MarketWatch) -- U.S. stocks opened with steep losses on Thursday, as fears over a tapering of the Federal Reserve's bond-buying program and weak Chinese economic data sent investors fleeing from stocks. Japanese equities plunged overnight, with the Nikkei Stock ...
US stocks sink after global rout SP loses 1.1

NEW YORK (AFP) - US stocks opened sharply lower Thursday after the plunge in the Japanese market sparked a selloff throughout Asia and Europe.In the first 10 minutes of trade the S&P 500 was down 1.1 percent, while the Dow lost 0.6 percent and the Nasdaq 0.9 ...
US STOCKS-Wall St drops on stimulus plan unease China data

Thu May 23, 2013 10:18am EDT * HP jumps after raising 2013 outlook * China manufacturing data shows contraction * Indexes off: Dow 0.55 pct, S&P 0.76 pct, Nasdaq 0.60 pct By Chuck Mikolajczak NEW YORK, May 23 (Reuters) - U.S. stocks dropped on Thursday, with the S&P 500 on pace for its first back-to-back daily drop in a month amid investor concerns the U.S. Federal Reserve's stimulus may be ...
Perrigo to switch to NYSE from Nasdaq

PRGO ) today announced that it will transfer its listing from Nasdaq to the New York Stock Exchange on June 6. It will keep its ticker "PRGO". To mark the occasion, company representatives will ring the opening bell. Last ...
Nikkei Tanks 7 U.S. Stocks Struggle For Support

Ben Bernanke testifying in front of Congress followed by the Fed minutes. Many investors, I think, were wary of those two events given the recent rhetoric about QE tapering, and it appears big institutional players elected to take some profits before and during those events yesterday. World markets reacted overnight to the major reversal in U.S. markets yesterday and are down big this morning. ...

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Making the news

Nothing will ever completely replace playing the game I love, however I feel like I'm starting a new adventure and I'm genuinely excited about what lies ahead. I'm fortunate to have been given many opportunities throughout my career and now I feel it's my time to give back.

David Beckham

The world's best known footballer was speaking after formally announcing his retirement.

Hotel Review

The Hawaii Prince Hotel

I took a cab from downtown Waikiki to the Hawaii Prince Hotel. It was only a few minutes, and cost ...

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Maryland Leader

Maryland Leader | News on people and events in Maryland

Every minute of every day our news editors canvass the issues, and stories making the news to provide our readers with a broad and in-depth coverage of what's happening in the world. Our first priority is the state. We specialise in Maryland news. From Columbia to Baltimore, we're on the lookout day and night to keep track of issues making the news. We also strive to keep abreast of national news. Breaking stories out of the continental United States usually break first on the Maryland Leader. Neighbouring states and key cities too often feature on our news pages. We also provide a whole lot of other content you'd expect from any newspaper including international sports coverage and local Maryland weather forecasts. We also provide readers with an opportunity to engage in newsmaking by voting on major stories in the news, and following how other readers are viewing the issues. Our news polls are regularly updated, and attract thousands of voters over each week they're conducted. Our business writers too work hard to keep you abreast of what's happening in the markets, not only in the U.S. but across the globe. We work around the clock to post stories from major financial centers like Tokyo, Paris, London, and of course New York, where we have extensive coverage of the major indices, particularly the Dow Jones, Nasdaq, S&P and Russell 2000.

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Featured Story

Obama Turns Focus on Middle-Class Jobs

U.S. President Barack Obama says he is focusing on ways to help the American middle class make economic gains, to bring them in line with the economic recovery of big business.

Obama said in his weekly address Saturday that he has been visiting cities across the country that are doing "interesting and creative" things to "re-ignite the engine" of middle class economic growth and make sure American citizens' hard work leads to a decent living.

In Baltimore this week, he said he visited a factory that is creating jobs at home by exporting digging equipment abroad. He also visited participants in a program that is giving training and guidance for low-income people to find work.

Obama said with unemployment the lowest it has been since 2008, with the auto industry thriving and the energy sector booming, it is time to focus on creating more good, middle-class jobs. He said he will be visiting more American cities in the coming weeks to continue working on job creation, education and" building new ladders of opportunity" for American workers.

In the Republican Party address, Representative Andy Harris of the eastern state of Maryland says "red tape" in the president's health care law passed several years ago will drive up costs for Americans.