Actor Patrick Dempsey of TV's 'Grey's Anatomy' is locked in a fierce fight with the coffee giant for the Tully's chain. A decision on who gets Tully's may come Friday.
A rising dollar, weak Chevron earnings and stress on Apple shares slam stocks. The national unemployment rate ticks up to 7.9% as more people look for work. Oil and gold sag. Starbucks jumps nearly 10%. Restoration Hardware soars after its IPO.
Stocks surge on improved private-sector employment; jobless claims slip. Starbucks, AIG and Priceline earnings impress. Crude is up in New York but down in London.
Late-day selling pushes the Dow down 17 points; the major averages suffer small declines for the week. The iPhone fans line up for blocks as the new phone goes on sale. Housing shares rise. Hopes build for a Spanish bailout. Gold and oil move higher.
The Dow surges 188 points as hopes build that the Federal Reserve and European Central Bank will start new stimulus plans. GDP in the US grows at just a 1.5% rate in the 2nd quarter. Facebook briefly falls nearly to $22; Starbucks slumps.
Amazon.com's profit beats Street estimates. Starbucks shares drop on Europe weakness. Investors applaud Bernanke's promise of Fed support in a market panic. March pending home sales are the best in 2 years. Exxon and UPS results disappoint.
A bullish report on retail sales cheers many investors. But the Nasdaq falls as Apple slides for a fifth day, possibly because investors want to cash in profits. Google also drops. Citigroup results help bank stocks. Oil rebounds.
The blue chips fall 74 after the government says fourth-quarter growth is 2.8%; Wall Street was expecting 3%. Facebook may file for its IPO next week. Ford, Chevron and Starbucks drop on earnings letdowns.
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