SEOUL, South Korea - Samsung Electronics said Friday that second-quarter net profit surged 51 percent from the same period last year, amid strong performance in flat panels, televisions and mobile phones.
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Dozens of cargo ships, petrochemical tankers and smaller vessels stacked up Thursday near a closed stretch of the Mississippi River, a day after a collision between a barge and tanker spilled more than 400,000 gallons of fuel oil into the nation's busy shipping waterway
Two cornerstones of the economy - jobs and housing - sank to new depths Thursday, with unemployment claims bolting higher and home prices recording one of their steepest drops on record
Tribune Co. is inviting at least three potential buyers who each submitted bids for the Chicago Cubs and Wrigley Field near or above $1 billion to participate in a second round of proposals, according to a person involved in the process.
Stocks skidded lower Thursday after a steeper-than-expected decline in existing home sales wiped away some of the market's optimism about upbeat earnings reports. The major indexes fell more than 1 percent, including the Dow Jones industrial average, which fell more than 200 points.