Penney cuts 600 workers, 13 percent of HQ staff

Yahoo CEO tries to reassure workers after layoffs

SUNNYVALE (AP) - Yahoo CEO Scott Thompson plans to tell the struggling Internet company's employees more about his turnaround strategy next week. Thompson also sought to boost sagging employee morale in a staff memo Thursday. It came a day after Yahoo Inc. began laying off 2,000 workers in the biggest purge in the company's 17-year history. The 14 ...

Ross Stores boosts 1Q profit, March sales rise

PLEASANTON (AP) - Clothing retailer Ross Stores Inc. says that mild weather helped drive March sales in stores open at least a year up 10 percent, and it's raising its forecast of first-quarter profit. The company said Thursday that after better-than-expected sales in February and March, it expected to earn between 89 cents and 91 cents per share in the quarter ending ...

Google creates a spectacle with Internet-connected glasses project

Retailers report positive March

Is this the end of the gold rush?

Ham prices high heading into Easter holiday

Paramount to add 500 films to YouTube rentals

NEW YORK (AP) - YouTube and Paramount Pictures have reached a deal to make nearly 500 films available to rent online, even while their parent companies continue to feud over a $1 billion lawsuit. The agreement announced Wednesday makes ...

Service firms grow at steady pace, boost hiring

State governments target tax-cheating software

Facebook responds to Yahoo with own patent lawsuit

Recovery threatened by runaway student loan debt that now surpasses $1 billion

Automakers post best monthly sales since 2007

EPA moves closer to approval of 15% ethanol gas

Flying cars aren't just science fiction anymore.

Exxon 1Q earnings rise, production slips again

Zynga reports lower 1Q revenue, shares fall more than 10 percent

Google pays CEO a buck, 4 others get $124M

How a phony tweet and computer trades sank stocks by $134 billion

Microsoft to hold Xbox event on May 21 to showcase next console

Fed: Redesigned $100 bill will be ready by October

Apple to dole out $100B to shareholders

US immigration bill could slow Indian outsourcers

AT&T loses contract phone subscribers in 1Q

DALLAS (AP) - AT&T lost phone subscribers from its contract-based plans for the first time in the latest quarter, in a sign that growth in the industry is stalling now that most Americans have smartphones.

Judge OKs NYC plan for 'e-hailing' yellow taxi cabs

Wells Fargo raises quarterly dividend to 30 cents