Bill Gross, the founder of Pacific Investment Management Co. who left the firm amid internal acrimony last year, is suing the company for breach of contract.
Amazon's quest to dominate the online shopping experience expanded into Etsy's territory today with the launch of Handmade at Amazon, an online bazaar where artisans can sell their homemade goods.
WASHINGTON The number of Americans filing new applications for jobless benefits fell more than expected to near a 42-year low last week, pointing to ongoing tightening in the labor market despite the recent slowdown in hiring.
U.S. stocks fell on Thursday as investors await the minutes of the Federal Reserve's September meeting to get an insight into the central bank's decision to keep interest rates steady.
Stocks were mixed at midday Thursday as investors are again focused on the Federal Reserve's rate hike intentions as they await the minutes from the Fed's latest policy meeting.