NEW YORK (AP) - Shares of Apple Inc. briefly entered "correction" territory Tuesday as enthusiasm from the launch of the iPhone 5 wanes.
A correction is generally considered a decline of 10 percent or more in a stock market index or a particular company's shares.
Apple shares went as low as $
By THOMAS BEAUMONTAssociated Press
HARRISBURG, Pa. (AP) - So much for Mitt Romney's plans to compete for Democratic-trending Michigan or Pennsylvania. And what about President Barack Obama's early hopes of fighting it out for Republican-tilting Arizona, Georgia or Texas? Forget them.
By ANNE D'INNOCENZIOAP Retail Writer
NEW YORK (AP) - Wal-Mart is testing a same-day delivery service in select markets for customers who buy popular items online during the holiday shopping season.
The move comes as the world's largest retailer faces increasing competition from online
By The Associated Press
UNEASE: China's biggest technology companies, eager to expand in the U.S., face an America anxious about threats to jobs and national security.
LATEST EVIDENCE: A U.S. report that says telecom equipment makers Huawei Technologies Inc. and ZTE Corp. are potential
WHITEHOUSE STATION, N.J. (AP) - The drugmaker Merck & Co. announced Tuesday that it will move its global headquarters within New Jersey as it looks to lower operating expenses and consolidate its properties.
The company's headquarters are moving about 25 miles east from Whitehouse Station
By JOE McDONALDAP Business Writer
BEIJING (AP) - Eager to expand in the United States, China's biggest technology companies face an America anxious about threats to jobs and national security.
The latest blow: A U.S. report that says telecom equipment makers Huawei Technologies Inc. and ZTE
By The Associated Press
BIG CHANGE: General Motors is setting up four technology innovation centers in the U.S. and plans to hire 10,000 computer specialists over the next three-to-five years. The company wants to develop its own cutting-edge technology, which experts say is essential to
By GENE JOHNSON and KRISTEN WYATTAssociated Press
SEATTLE (AP) - Residents of Washington, Oregon and Colorado won't just be considering whether to let adults buy pot at state-sanctioned shops when they vote next month on legalizing and taxing marijuana.
They'll be voting on whether to
By ANNE D'INNOCENZIO and MICHELLE CHAPMANAP Business Writers
NEW YORK (AP) - Wal-Mart Stores Inc. and American Express are rolling out a prepaid card that they say offers unique services designed to help shoppers manage and control their everyday finances.
The two companies said Monday that
By KELVIN CHANAP Business Writer
HONG KONG (AP) - Chinese and international auction houses are encroaching on each other's territory in Hong Kong and Beijing for the first time as they step up the battle for the Asian art market.
China Guardian Auctions Co., the country's second biggest