... * Shares rise as much as 150 pct, valuing company at nearly $2 bln. * Daniel Meyer's 21 pct stake worth about $390 mln at high.
The U.S. economy entered 2015 on the most robust streak of consumer spending in years, yet when the first growth figures for 2014 came out Friday they underscored the lack of vigor in the current expansion.
ATHENS�Greece's finance minister and a representative of its European creditors exchanged grimaces, tough rhetoric and a frosty farewell on Friday, capping a week in which Athens's new antiausterity government roiled its eurozone paymasters almost ...
Major U.S. stock indexes closed lower Friday, their third decline for the week. The government reported that the U.S. economy grew at a slower pace than expected in the final quarter of 2014 even as wages rose.
(Bloomberg) -- Chevron Corp. slashed its drilling budget by the most in 12 years, suspended share buybacks and laid off workers as energy producers around the world curtail ambitions to cope with free-falling oil prices.