Former penny stock Cynk Technology wild ride to a $6 billion valuation has caused quite a stir, but there is an important takeaway for investors.
WASHINGTON (AP) - U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter.
(Adds details, updates prices). By Caroline Valetkevitch. NEW YORK, July 11 (Reuters) - Major global equities markets steadied and the yen stabilized against the U.S.
A stable housing market and fewer bad loans helped lift Wells Fargo's quarterly profit 3 percent. The country's largest mortgage lender said Friday that net income rose to $5.42 billion for the three months ending in June, up from $5.27 billion a year earlier.
NEW YORK - Amazon is officially asking the Federal Aviation Administration for permission to use drones as part of its plan to deliver packages to customers in 30 minutes or less.