WASHINGTON - Adding to the rosier economic outlook for next year, revised government data show the economy grew in the third quarter at the fastest pace in nearly two years as American consumers spent billions of dollars more than originally thought.
BlackBerry Ltd. (BBRY) shares soared after the smartphone maker struck a five-year deal to have Foxconn Group manufacture its devices, helping cut production spending and stave off the inventory gluts that have plagued the company.
NEW YORK (Reuters) - Stocks rose on Friday, capping the best week for major indexes in months as unexpectedly strong data on economic growth increased confidence that the recovery was accelerating.
Like shoppers racing to buy last-minute holiday gifts, thousands of Californians are going online - or lining up in person - to get Obamacare insurance ahead of next week's deadline to have coverage starting next month.
SAN FRANCISCO (AP) - Facebook has priced a secondary offering of its stock at $55.05 a share in a deal that will generate a $2.3 billion windfall for CEO Mark Zuckerberg.