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10:30 pm, August 21, 2014

Business News

Kellogg's sales hurt as dieters drop Special K

Kellogg's cereal unit struggles continue as Special K falls out of favor

Thursday - 07/31/2014, 03:23pm EDT

Journal Communications, Scripps Co. announce deal

Journal Communications, Scripps Co. plan to merge broadcast operations, spin off newspapers

Thursday - 07/31/2014, 03:10pm EDT

Portland OKs Airbnb-type short-term rentals

Portland, Oregon, City Council legalizes short-term rentals in homes, boosting Airbnb

Thursday - 07/31/2014, 02:00pm EDT

EU identifies 5 Russian banks it is sanctioning

EU sanctions some of Russia's biggest banks, limits capital market access for 5 lenders

Thursday - 07/31/2014, 01:51pm EDT

Eni profits rise due to renegotiated gas contracts

Eni profits more than double thanks to renegotiated long-term gas contracts

Thursday - 07/31/2014, 01:20pm EDT

Fast food ambitions in China hurt by safety scares

Global fast food giants' ambitions to grow in China hampered by food safety pitfalls

Thursday - 07/31/2014, 12:50pm EDT

Weak earnings sink US stocks; Whole Foods slides

Stocks fall sharply in US as investors respond to weak earnings; Whole Foods, Exxon Mobil sink

Thursday - 07/31/2014, 12:37pm EDT

Despite good news, benefit programs face problems

Trustees: Social Security, Medicare face long-term financial problems despite good news

Thursday - 07/31/2014, 11:48am EDT

Eurozone inflation down again but ECB seen on hold

Further drop in eurozone inflation to 0.4 percent likely not enough to move ECB to act again

Thursday - 07/31/2014, 11:28am EDT

US stocks open lower; Yum Brands sinks

US stocks open lower as more earnings reports roll in; Yum Brands sinks on poor China sales

Thursday - 07/31/2014, 11:20am EDT

MasterCard 2Q profit rises on volume growth

MasterCard 2nd-quarter profit climbs as processed transactions increase

Thursday - 07/31/2014, 11:10am EDT

Twitter 2Q results soar, stock flies high

Twitter posts stronger-than-expected 2nd-quarter results, stock flies high

Thursday - 07/31/2014, 11:06am EDT

Adidas issues profit warning on Russia risks

Adidas lowers 2014 profit target, citing risks in Russian market and weakness in golf sector

Thursday - 07/31/2014, 10:50am EDT

US jobless aid applications rise to 302,000

Applications for US unemployment benefits increase to 302k; still at pre-recession levels

Thursday - 07/31/2014, 10:17am EDT

Russia ordered to pay another $2.5 bln for Yukos

European human rights court orders Russia to pay another $2.5 bln to other Yukos shareholders

Thursday - 07/31/2014, 09:00am EDT

As US economy accelerates, Fed remains cautious

US economy grew at strong 4 percent rate in second quarter after sharp contraction in winter

Thursday - 07/31/2014, 08:50am EDT

World Cup adds froth to German beer sales

German beer sales higher in year's 1st half, given extra froth by soccer World Cup

Thursday - 07/31/2014, 08:30am EDT

Volkswagen 2nd quarter profit up but revenue slips

Volkswagen says 2nd-quarter profit up 14 percent as unit sales rise, though revenues slip

Thursday - 07/31/2014, 07:30am EDT

Ailing Portuguese bank's shares sink after losses

Troubled Portuguese bank's share price plunges 25 percent after reporting heavy losses

Thursday - 07/31/2014, 07:27am EDT

Fed offers a dual message on health of US economy

Fed slows bond buying further but provides no clear signal on timing of first rate hike

Thursday - 07/31/2014, 07:00am EDT

3M 2Q profit rises 6 percent

Post-it notes maker 3M says 2Q profit up 6 percent on revenue growth across businesses

Thursday - 07/24/2014, 09:08am EDT

Boss of company in China meat scandal apologizes

Chairman of US meat supplier apologizes for China subsidiary at center of food scandal

Thursday - 07/24/2014, 08:40am EDT
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