This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

BC-APFN-Business News Digest

Business News at 5 p.m.

The supervisor is Richard Jacobsen (800-845-8450, ext. 1680). For photos, ext. 1900. For graphics and interactives, ext. 7636. Expanded AP content can be obtained from http://www.apexchange.com. For access to AP Exchange and other technical issues, contact customersupport@ap.org or call 877-836-9477.

If you have questions about transmission of financial market listings, please call 800-3AP-STOX.

A selection of top photos can be found at: http://bit.ly/APTopPhotos.

All times EDT.

a¿¿Adds: FEDERAL RESERVE-COMPARING STATEMENTS, ARGENTINA-DEBT SHOWDOWN

a¿¿Updates: FED FORECASTS, OBAMA, GAS TAX INCREASE, FEDERAL RESERVE, CYPRUS-ECONOMY, WALL STREET, GM-RECALL-BY THE NUMBERS, AMAZON-SMARTPHONE, SMALLBIZ-INSTAGRAM, GENERAL MOTORS-CONGRESS, OIL PRICES, ARGENTINA-DEBT SHOWDOWN

TOP STORIES:

GENERAL MOTORS-CONGRESS

WASHINGTON a¿¿Lawmakers express disbelief at General Motors' explanation for why it took 11 years to recall millions of small cars with defective ignition switches, and also confront its chief executive with evidence that the company dragged its feet on a similar safety issue in different vehicles. By Marcy Gordon, Dee-Ann Durbin and Tom Krisher. SENT: 1,040 words, photos.

With:

a¿¿ GENERAL MOTORS-INVESTIGATION-TIMELINE a¿¿ 10 key events in GM's small-car recall. SENT: 470 words.

a¿¿ GENERAL MOTORS-CONGRESS-QUOTE BOX a¿¿ Key quotes from, and reaction to, the GM hearing in the House. UPCOMING: 500 words by 5:30 p.m.

a¿¿ GM-RECALL-BY THE NUMBERS a¿¿ Important numbers in GM's small-car recall. SENT: 350 words.

a¿¿ GM RECALL-EMPLOYEE WARNING a¿¿ A GM employee warned her colleagues in 2005 of an ignition switch problem in Chevrolet Impalas that could lead to "a big recall." That recall didn't happen until this week. UPCOMING: 400 words at 5:30 p.m.

And:

a¿¿ CHRYSLER-NHTSA INVESTIGATION a¿¿ The National Highway Traffic Safety Administration says it has opened two new investigations into Chrysler over complaints that the ignition key could shut the engine off and cause air bags not to deploy in a crash. SENT: 650 words.

AMAZON-SMARTPHONE

SEATTLE a¿¿ Amazon has introduced a new smartphone with audio and object recognition technology that seeks to make it easier for consumers to locate and purchase products and services from the nation's largest e-commerce company. By Ryan Nakashima. SENT: 960 words, photos.

1 of 8

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,265.99 +109.14 0.64%
S&P 500 2,011.36 +9.79 0.49%
NASDAQ 4,593.4250 +31.2360 0.68%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs