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Today's News
AP Top Financial News At 6:34 p.m. EDT
6 hours ago
Apple's Cook faces Senate questions on taxes JPMorgan's Dimon survives shareholder referendum Stocks gain on reassurance from a top Fed official
Best Buy reports 1Q loss on restructuring costs
6 hours ago
Best Buy Co. on Tuesday reported a loss for its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores. The company has been working on a turnaround plan as it faces increased competition from online retailers and discount stores. The plan includes closing stores, cutting costs and investing in training for its employees. In April it also said it would sell its 50 percent stake in its European joint venture to streamline its business and strengthen its balance sheet.
Volkswagen to put special fuel caps on diesels
6 hours ago
Volkswagen is replacing the fuel tank covers on more than 200,000 of its diesel vehicles sold in the U.S. and Canada to remind owners to fill their tanks with diesel _ not gasoline. Volkswagen will alert affected customers. Dealers will put on a new fuel cap with yellow "Diesel" lettering for free.
AP Top Extended Financial Headlines At 6:26 p.m. EDT
6 hours ago
JPMorgan shareholders let CEO Jamie Dimon keep chairman job Stocks turn higher after reassuring words from Fed official; Home Depot gains after earnings Microsoft reveals Xbox One as all-in-1 entertainment console, last of 3 major systems unveiled
