10 31 2014
  10:53 am  
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Dow Breaks 13,000 for First Time Since '08 Crisis

Reaching threshold could influence more cautious investors to pump more money back into the stock market

NEW YORK (AP) -- The Dow Jones industrial average crossed 13,000 on Tuesday for the first time since May 2008, when the Lehman Brothers investment bank was solvent, unemployment a healthy 5.4 percent and the worst of the Great Recession months ahead.


Read more: Dow Breaks 13,000 for First Time Since '08 Crisis

Obama's New Budget: Higher Taxes for the Wealthy

Plan would hack from deficit, but could cause future over-spending; GOP attacks it as class warfare

WASHINGTON (AP) -- President Barack Obama unveiled a $3.8 trillion spending plan on Monday for 2013 that seeks to achieve $4 trillion in deficit reduction over the next decade but does little to restrain growth in the government's huge health benefit programs, a major cause of future deficits.


Read more: Obama's New Budget: Higher Taxes for the Wealthy

Kodak to Stop Making Cameras, Digital Frames

Company, which recently filed for bankruptcy protection, looks to once again refocus

ROCHESTER, N.Y. (AP) -- Eastman Kodak Co. said Thursday that it will stop making digital cameras, pocket video cameras and digital picture frames, marking the end of an era for the company that brought photography to the masses more than a century ago.


Read more: Kodak to Stop Making Cameras, Digital Frames

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