Wall Street falls as data, financials weigh

Stocks extended losses on Tuesday after data showed inventories at wholesalers dropped in June, and downgrades on banks prompted investors to sell stocks. The Dow Jones industrial average (.DJI) fell 85.17 points,

US Bad assets may need more support

The U.S. Treasury Department should consider expanding programs to cleanse troubled assets from bank balance sheets if current efforts fail to restart markets or if economic conditions worsen, a U.S. bailout watchdog

GM turns to eBay to sell cars

General Motors Co and eBay Inc are launching a test program in California that will allow consumers to negotiate with dealers and buy new vehicles online, the companies said on Monday. The

Facebook buys social media start-up FriendFeed

Facebook, the world's largest social networking site, said it will buy FriendFeed, netting a group of prized ex-Google engineers in the fast-growing Internet business. FriendFeed, an up-and-coming social media startup, lets people