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Mike Huckabee claims he is on 'right side of the Bible' on gays

Mike Huckabee claims he is on 'right side of the Bible' on gays

WAUKEE, Iowa, April 9 (UPI) -- Former Arkansas Gov. Mike Huckabee, speaking to religious conservatives in Iowa, said the United States "cannot expect the blessing of God" on its economy.
Frances Burns
China's 'Twitter' Sina Weibo to file $500M IPO

China's 'Twitter' Sina Weibo to file $500M IPO

NEW YORK, Feb. 24 (UPI) -- Sina Corp is looking to raise $500 million in an IPO for its Twitter-like service Sina Weibo, which serves 60.2 million Chinese users daily.
Ananth Baliga

Retail sales tough out another cold week

NEW YORK, Feb. 11 (UPI) -- U.S. retail sales slipped 0.3 percent in the week ending Saturday, as store traffic continues to be impacted by harsh winter weather, a retail trade group said.

Markets mixed Tuesday

NEW YORK, Jan. 21 (UPI) -- U.S. stock indexes were mixed for the second consecutive session as corporate reports failed to spark enthusiasm.

Stocks mixed on weak fourth quarter results

NEW YORK, Jan. 16 (UPI) -- Fourth quarter corporate reports dragged U.S. stocks lower Thursday.

Cold snap takes a toll on retail

NEW YORK, Jan. 14 (UPI) -- Cold temperatures hampered retail sales in the week ending Saturday, the International Council of Shopping Centers-Goldman Sachs reported Tuesday.

Goldman Sachs pulls out from Pacific coal export project

SEATTLE, Jan. 10 (UPI) -- Goldman Sachs has pulled out its investment in the proposed Gateway Pacific Terminal, expected to be the largest coal export terminal in North America.
Winter puts a freeze on retail sales for the week

Winter puts a freeze on retail sales for the week

NEW YORK, Jan. 8 (UPI) -- Frigid temperatures, especially on the East Coast, sent retail sales tumbling in the week ending Saturday, a trade group said.

Retail sales get boost from last-minute shopping

NEW YORK, Dec. 31 (UPI) -- Last minute Christmas shopping gave U.S. retailers a boost in the week ending Saturday, a trade group said Tuesday.
Countrywide to cost BofA 30 times its purchase price

Countrywide to cost BofA 30 times its purchase price

CHARLOTTE, N.C., Dec. 27 (UPI) -- Bank of America could pay 30 times what it paid for Countrywide Financial Corp. in fines and fees connected to the deal, the U.S. bank's figures show.

Markets slip Tuesday

NEW YORK, Dec. 10 (UPI) -- U.S. markets slipped Tuesday after two days of gains that broke up a five-day skid.

U.S. retail sales for Black Friday week were down from previous week

NEW YORK, Dec. 3 (UPI) -- Receipts at U.S. retail stores dropped in the week ending Saturday from the previous week, but made gains compared to the same week of 2012, a trade group said.
Cyber Monday sales affecting Amazon, eBay stocks

Cyber Monday sales affecting Amazon, eBay stocks

Dec. 2 (UPI) -- Cyber Monday sales are expected to surge to more than 131 million people in the U.S. shopping for holiday deals, and eBay is leading gains in e-commerce stocks as other online retailers waver.
Sonali Basak
Hilton hikes price to $2.4 billion in the largest ever hotel IPO

Hilton hikes price to $2.4 billion in the largest ever hotel IPO

Dec. 2 (UPI) -- Hilton hikes its initial public offering, to be the largest hotel IPO ever and possibly the second largest IPO of the year.
Sonali Basak

Goldman Sachs brings 10,000 Small Businesses program to Detroit

DETROIT, Nov. 26 (UPI) -- Investment bank Goldman Sachs says it is bringing its 10,000 Small Businesses program to the Detroit area, with loans and educational programs available.
Spotify raises valuation to $4 billion

Spotify raises valuation to $4 billion

Nov. 22 (UPI) -- Spotify music streaming service is catching up to its much larger competitors, including Pandora.
Sonali Basak
JPMorgan's Twitter outreach #AskJPM fails

JPMorgan's Twitter outreach #AskJPM fails

Nov. 14 (UPI) -- JPMorgan's #AskJPM Twitter efforts a "bad idea."
Sonali Basak

Retail receipts rise in week

NEW YORK, Nov. 12 (UPI) -- U.S. retail sales receipts rose by 1.2 percent in the week ending Saturday, a national trade group said Tuesday.
Obama nominates Treasury's Timothy Massad as CFTC chairman amid banking regulatory woes

Obama nominates Treasury's Timothy Massad as CFTC chairman amid banking regulatory woes

Nov. 12 (UPI) -- The White House announced Tuesday that Treasury official Timothy Massad will be nominated as chair of the Commodities and Futures Trading Commission. The new chair will have a large undertaking in Wall Street reform, replacing current Chairman Gary Gensler.
Sonali Basak

White House tallies impact of shutdown

WASHINGTON, Nov. 7 (UPI) -- The White House on Thursday said the government shutdown in October hurt U.S. production, delayed service and fee collections and stung consumer confidence.
Twitter shares open 73 percent higher than asking price

Twitter shares open 73 percent higher than asking price

NEW YORK, Nov. 7 (UPI) -- Shares of Twitter topped $50 per share Thursday after opening 73 percent above the initial asking price of $26 on the New York Stock Exchange.

Retail sales receipts slide in week

NEW YORK, Nov. 5 (UPI) -- U.S. retail receipts at chain stores fell 0.6 percent in the week ending Saturday, the second consecutive weekly drop, a retail trade group said Tuesday.

Retail receipts report posts solid gains

NEW YORK, Oct. 22 (UPI) -- U.S. retail receipts at chain stores rose 1.4 percent in the week ending Saturday, the International Council of Shopping Centers said Tuesday.
Wall Street's year looks dinged by Washington

Wall Street's year looks dinged by Washington

NEW YORK, Oct. 22 (UPI) -- New York state Comptroller Thomas DiNapoli said gridlock in Washington and monetary policy are changing the state's financial picture.

J.P. Morgan and Justice's prosecutorial discretion

COLLEGE PARK, Md., Oct. 20 (UPI) -- J.P. Morgan's record $13 billion tentative settlement with the U.S. Justice Department concerning misrepresented residential mortgage-backed securities doesn't absolve senior bank officials or the bank as an institution from criminal charges.
PETER MORICI, UPI Outside View Commentator
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