The new retirement: No retirement?

For growing numbers of Americans, the new retirement may really mean no retirement. That's the conclusion of an article in the current issue of the ISR Sampler, the annual magazine of the University of Michigan Institute ...

Samsung profit at record high on smartphone boost

Samsung Electronics Co. said Friday its first quarter profit jumped to a record high as smartphone sales remained strong despite the April launch of an updated version of its flagship Galaxy phone.

Samsung's operating profit up 53 percent in 1Q

Samsung Electronics Co. said its operating profit last quarter rose 53 percent over a year earlier, outpacing expectations for what's normally a slow time for consumer electronics sales.

Groupon hammered after fresh losses

Groupon shares took a nosedive Wednesday after the online deals giant surprised markets by reporting fresh losses in the past quarter and a weaker-than-expected outlook.

LG Display posts profit but iPhone dims outlook

LG Display reported a $299 million profit for the fourth quarter Thursday thanks to mobile product launches by key customers including Apple Inc. but warned that earnings will decrease in the current quarter as demand for ...

Apple climbs after share sell-off called 'insane'

(AP)—Shares of Apple jumped nearly 6 percent Monday, with one analyst calling a two-month sell-off in shares of the world's most valuable company "insanely insane."

Game maker Zynga stock tanks after weak 2Q report

(AP) — Zynga Inc. lost money and received less revenue than anticipated in the second quarter because "CityVille," ''FarmVille" and other games are not attracting as many paying players as they should.

Investors warm to Facebook after IPO flop

After a dire stock market debut, Facebook has clawed back a large chunk of its losses as investors look past the flubbed initial public offering and gradually warm to the leading social network.

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