loss

It's hard to complain too much about how Japan "stole" the high-tech electronics business from the U.S. More accurately, they took a low-margin business off our hands. And you know what we should be saying to that? Good riddance!

Social networking pioneer MySpace could find itself going solo again soon. Its owner, News Corp, is considering a potential sale or spin-off of the social network as it looks for a way to stem the tens of millions of dollars in losses it's taking from the unit, according to a Bloomberg report.

Much-improved sales helped struggling Chrysler Group report a smaller second-quarter loss, compared to the first quarter, the automaker announced Monday.

Bank of America (BAC) named Brian Moynihan to succeed Ken Lewis as president and CEO. Moynihan says he doesn't expect to lead a major shift in strategy when he takes over on Jan. 1. Investors, however, may expect more action as loan losses continue to mount.

Of stocks in focus, Costco (COST) posted a slight increase in fiscal-first quarter earnings to $266 million, or 60 cents per share. After beings helped by steady sales of food and everyday items to recession-weary consumers, Costco says it has recently seen purchases of some nonfood items rise...

When a friend recently told me she wanted to invest more money in bonds, I was surprised. Not just because we rarely discuss specific investments. (I'm uncomfortable giving friends financial advice for obvious reasons). But mostly because she's considering loading up on bonds right now. Wow, bad...

Imagine that you are mowing the lawn, and your lawn mower pitches a stone into one of your windows, cracking the glass. So you put a little piece of wood in front of the glass to cover the breakage, and go back about your business. You'll get the window fixed later.One week later, you receive a...