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NEW YORK (Reuters) – The S&P 500 hit a 17-month closing high as rising bank shares led a late rally that lifted stocks on Thursday, more than offsetting worries China may move to cool its overheating economy.


S&P 500 hits 17-month high as banks lift Wall St

The economic stimulus law added between 1 million to 2.1 million workers to employment rolls by the end of last year, a new report released Tuesday by congressional economists said. The nonpartisan Congressional Budget Office study also said the $862 billion…

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Congressional Budget OfficeAmerican Recovery and Reinvestment Act of 2009EconomyEconomicNonpartisan

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CBO: Stimulus bill created up to 2.1 million jobs

The U.S. has asked Nigeria to boost its efforts to fight terrorism and offered to help the West African country improve airport security after authorities said a Nigerian man tried to blow up a Detroit-bound jet on Dec. 25.

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Nigeria Asked to Allow Marshals on Flights to U.S. (Update2)

Stocks of companies that make liquid-crystal-display glass used in flat-screen televisions and other devices fell Tuesday after an analyst downgraded shares of Corning Inc. and AU Optronics Corp., citing concerns that demand will decline in the coming months….

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TelevisionLiquid crystal displayCorning IncorporatedGlassBusiness

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Sector Snap: LCD glass makers fall amid downgrades

NEW YORK (Reuters) – U.S. stocks stayed near the breakeven mark on Wednesday after data showed the vast services sector grew less than expected in January.

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Stocks little changed after ISM data

NEW YORK (Reuters) – Stocks rose on Monday, with the Nasdaq hitting a 15-month high after a healthcare reform bill advanced in the Senate and brokerages upgraded two Dow components on improving profit prospects.

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Health shares lift Wall Street; Nasdaq at 15-month high

NEW YORK (Reuters) – U.S. stocks climbed on Monday, with the S&P 500 and Nasdaq eyeing new year highs, lifted by the healthcare sector after a Senate bill advanced that omitted some provisions opposed by the industry.

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Wall Street gains; S&P, Nasdaq eye 2009 highs

Knife spa: A place where knives go for “pampering” Few things thrill Emilio Ambrosi like the cold touch of a sharp knife. Except, possibly, the thought of sharpening a dull blade. The 53-year-old has sharpened knives since learning the trade…

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A knife-sharpening business in Rockaway bucks tradition and embraces the internet

ORLANDO, Florida (Reuters) – The U.S. car market should see a modest recovery in 2010, with sales possibly reaching between 11.5 million and 12 million vehicles, General Motors Co Chief Executive Fritz Henderson said on Thursday.

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GM CEO sees “modest” U.S. auto sale recovery

Sony’s mid-tier entrant in the e-reader market has a touchscreen but no wireless access to books. Still, it has an intuitive feel and features to rival Amazon’s Kindle

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Review: Sony Reader Touch Edition Fills Niche

The Steelworkers union reported progress in contract talks with Goodyear Tire & Rubber Co. as both sides negotiated into the evening with a midnight Saturday deadline looming. Wayne Ranick, a spokesman for the United Steelworkers of America, said Saturday the…

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Goodyear Tire and Rubber CompanyBusinessUnited SteelworkersUnited StatesUnion

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Union says talks with are Goodyear progressing

NEW YORK (Reuters) – Stocks rallied for a third day on Thursday as more data pointed to a stabilizing economy and changes to an accounting rule were seen as shoring up the volatile financial sector in the short term.

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Wall Street climbs on economy, bank rule and G20

Dick Schafer hoisted his shovel and scraped away ice on his driveway as heavy, wet snowflakes fell from the sky _ painful reminders of the epic struggle with Mother Nature this city is facing. “I don’t like it. They say it’s not going to affect the level of…

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Snowstorm puts Fargo on edge after flooding

WASHINGTON/MILAN (Reuters) – The boards of Chrysler LLC and Fiat SpA have given executives approval to complete an alliance deal that now hinges on the terms for additional aid for the struggling Detroit automaker, according to people with knowledge of the discussions.

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Fiat, Chrysler await U.S. government terms to close deal

HONG KONG (Reuters) – Asian stocks rose to their highest in nearly three months on Thursday, led by energy and financial shares, and oil climbed on hopes the U.S. economic slowdown may be easing.

Optimism over U.S. economy boosts Asia stocks