Stocks open mixed; Lowe's rises on earnings

NEW YORK — The stock market is little changed as investors pick over more earnings reports from retailers and other U.S. companies. Consumer-focused stocks rose after home retailer Lowe's reported higher earnings. The Dow Jones industrial average was...

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US bank earnings rise 17 pct as loan losses fall

WASHINGTON — U.S. banks' earnings rose 17 percent in the October-December quarter from a year earlier, as losses on loans fell to a seven-year low and banks set aside less to cover losses as well as legal costs. The data provides fresh evidence of the...

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Fingerprint security convenient, but not flawless

BARCELONA, Spain — Samsung's upcoming Galaxy S5 smartphone will be at least the third to have a fingerprint sensor for security but it's alone in letting you use that for general shopping, thanks to a partnership with PayPal. The sensor brings convenience...

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Spark Capital hires firm's first woman VC

Spark Capital, one of the most high profile venture capital firms in Boston, has hired former Google employee Katie Bolin as an associate, the firm's first female investor. Bolin, formerly the analytical lead/acting sales operations manager at Google,...

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Assailant hacks ex-Hong Kong editor with cleaver

HONG KONG — The former editor of a Hong Kong newspaper whose abrupt dismissal in January sparked protests over press freedom is in critical condition after being hacked Wednesday by an assailant with a meat cleaver, police said. Police said a man wearing...

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Hoffman's friend creates playwriting foundation

NEW YORK — A close friend of Philip Seymour Hoffman has settled a libel lawsuit against The National Enquirer by creating a playwriting foundation to be initially funded by the tabloid. In a one-page ad Wednesday in The New York Times, The Enquirer...

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Police: No charges for singer Bieber's driver

SANDY SPRINGS, Georgia — Police near Atlanta say they've decided not to charge a driver for Justin Bieber with any crimes after a photographer said his camera was stolen during a confrontation with the singer's entourage. Sandy Springs police said Wednesday...

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Data-breach costs take toll on Target profit

NEW YORK — Target Corp. will be feeling the financial pain for a while from the theft of credit card numbers and other information from millions of its customers. The retailer said Wednesday that its fourth-quarter profit slumped 46 percent. It also...

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US stocks are mostly higher in early trading

NEW YORK — U.S. stocks were mostly higher in early trading Wednesday as investors assessed earnings reports from retailers and other companies. Home builders rose after sales of new homes jumped in January to fastest pace in more than five years. KEEPING...

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GE pays $1.7 billion to Shinsei, reducing exposure

FAIRFIELD, Conn. — General Electric will pay $1.7 billion to Shinsei Bank to end its obligation to cover interest refund claims. GE was required to make the payments as part of the sale of its Japanese consumer finance operations. The sale agreement...

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