Herbalife Ltd. soared as much as 15 percent in late trading after saying it's in late-stage talks to resolve a Federal Trade Commission probe into whether the nutrition company is a pyramid scheme.
After wandering higher for the past two weeks, mortgage rates reversed course, pulling back to near yearly lows. The retreat began last week after the Federal Reserve met and expressed concerns about the economy.
Discovery Communications, the company behind such cable networks as Discovery Channel, TLC and OWN, on Thursday reported better-than-expected first-quarter earnings that were helped by stronger U.S.
New Yorkers will have to fork over five cents for a plastic or paper bag at the store after the City Council voted Thursday to impose the fee.
FILE - This Monday, Aug. 24, 2015, file photo shows the New York Stock Exchange. Global stocks recovered their poise Thursday, May 5, 2016, following an unconvincing start to the month, as investors became cautious ahead of U.S.