2 The 0.7% annualized drop was not as steep as expected, but the weakness was broad-based. Business investment fell by the fastest since 2009, and trade subtracted the most from GDP since 1985.
[NEW YORK] US stocks fell modestly on Friday as a key consumer confidence measure came in lower and the government confirmed that the economy contracted in the first quarter.
NEW YORK (AP) - As the Internet has upended their business, cable companies have been racing to reinvent themselves as dominant broadband providers and distributors of online video.
From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.
SAN FRANCISCO - Intel is close to clinching a takeover of fellow chip maker Altera for more than $15 billion, a person briefed on the matter said on Friday, the latest sign of consolidation in the semiconductor industry.