WASHINGTON New orders for U.S. factory goods rebounded strongly in June on robust demand for transportation equipment and other goods, a hopeful sign for the struggling manufacturing sector.
WASHINGTON Aug 4 Government-controlled mortgage finance firm Freddie Mac on Tuesday said big gains in its loan guarantee business and its investment portfolio will allow it to cut a check to the U.S.
While Sprint grew its customer base last quarter, it failed to keep up with T-Mobile's runaway pace. For more than a decade, Sprint S 4.64% has had to be content with the 3rd place in the race for the most mobile subscribers. That trend ended today ...
Greece's government aims to reach agreement with creditors on a new bailout within the next two weeks, enabling it to make a 3.2 billion-euro ($3.5 billion) payment to the European Central Bank without further bridge financing.
BEIJING—Alibaba has a new global salesman. Alibaba Group Holding Ltd. BABA 0.42 % said Tuesday it appointed Michael Evans, a former top Goldman Sachs Group Inc. executive, as president effective immediately.