News Corp.’s new comedy “The Internship” features Vince Vaughn and Owen Wilson, a cameo by Google Inc.’s Sergey Brin and access to the search leader’s Silicon Valley campus. It won’t be enough to turn a profit.
U.S. stocks fell, following the longest rally for the Standard & Poor’s 500 Index since 2004, as a drop in pending home sales overshadowed a rise in durable- goods orders while investors watched earnings.
Warren Buffett wants to use his almost $40 billion pile of cash to pursue bigger acquisitions. That may put companies from Archer Daniels Midland Co. to General Dynamics Corp. and Exelon Corp. in his sights.
U.S. stocks dropped on concern European leaders weren’t making progress in solving the region’s debt crisis. Gold rallied, the dollar fell to a two-month low and Treasury yields touched the lowest in more than a week amid speculation the Federal Reserve will add to monetary stimulus.
U.S. stocks rose, sending the Standard & Poor’s 500 Index higher for a third week, as optimism over better-than-estimated jobs data overshadowed a drop in consumer confidence amid continuing budget talks.