WASHINGTON (MarketWatch) - The economy contracted in the first quarter for the second straight year, a disappointing start that could foil the chance of the U.S.
American Express Co. President Ed Gilligan died Friday morning after becoming ill on an overseas flight to New York. Gilligan, 55, was returning from a business trip to Tokyo on a corporate aircraft, which made an emergency landing, according to a person ...
U.S. stocks were lower in early afternoon trading on Friday, weighed by data that showed the economy contracted in the first quarter and as weak data for May added to concerns about the strength of a recovery.
Consumers remain cautious about the current economy this month, according to data released Friday. But the report also said consumers are optimistic about their future financial situations.
Charter Communications (CHTR) on Friday vowed that customer service will improve if regulators approve its deal for Time Warner Cable (TWC), even as another survey cast both companies as especially inept at keeping consumers content.