Asian equity markets turned mixed on Thursday after rising in the morning session on upbeat Chinese data as focus turned to the region's earnings season.
American Apparel has lost nearly $270 million in the last four years and is more than $200 million in debt. In March, it sold $28.6 million in stock to meet debt obligations.
The S&P 500 has closed at a new record high after strong Apple earnings lifted the tech sector on a mixed day for stocks. The S&P 500 added 3.48 points (0.18 per cent) at 1,987.01, breaching a record set three weeks ago by about three points.
Mark Zuckerberg is thinking a lot about messaging. If the $19 billion purchase of WhatsApp wasn't enough proof, the Facebook chief executive officer spent a hefty chunk of today's earnings call talking about the opportunity in mobile communication.
Washington (CNN) -- The Federal Aviation Administration removed its ban on U.S. passenger planes flying to and from Tel Aviv Wednesday night, a day-and-a-half after stopping all the flights citing security concerns.