The Dow Jones industrial average rose 114 points to hit a record high. Boeing contributed the most gains on the 30-stock index. The S&P 500 also hit a record, rising 0.1 percent as telecommunications led advancers.
Five years after Advanced Micro Devices CEO Lisa Su first joined the company, and almost three years since she got the top job, the payoff for her radical turnaround strategy is finally arriving.
Jeff Immelt's last earnings presentation disappointed investors, and new CEO John Flannery's first job is to restore confidence in management's ability to hit its numbers.
DETROIT (Reuters) - Ford Motor Co (F.N) on Wednesday reported a better-than-expected quarterly net profit due to a lower tax rate and increased U.S.
Wireless carriers have been upgrading their mobile networks quickly enough to more than keep pace with increasing data use by their customers on new unlimited data plans.