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9:53 pm, August 22, 2014

Business News

US stocks plunge, wiping out July's gains

Dow Jones industrials drop 317, worst fall since February, interrupting a prolonged advance

Thursday - 07/31/2014, 05:00pm EDT

FDA approves Boehringer's once-a-day inhaler drug

FDA approves once-a-day inhaler drug for patients with chronic lung disease

Thursday - 07/31/2014, 04:50pm EDT

Report: More acidic seawater poses risks in Alaska

New research: Carbon dioxide turns ocean water more acidic, posing risks to Alaska fisheries

Thursday - 07/31/2014, 04:08pm EDT

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

Ukraine worries 'set to weigh' on eurozone economy

Survey finds eurozone economic growth picking up in July but faces uncertainty from Ukraine

Thursday - 07/24/2014, 09:48am EDT

Breitburn buying QR Energy in $1.46 billion deal

Breitburn Energy Partners buying QR Energy in a deal worth about $1.46 billion

Thursday - 07/24/2014, 09:48am EDT
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