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4:38 am, August 31, 2014

Business News

5 food writers subpoenaed in 'pink slime' lawsuit

4 reporters, blogger subpoenaed in $1.2 billion 'pink slime' lawsuit against ABC network

Thursday - 07/31/2014, 10:20pm EDT

Target taps outsider as CEO for needed shakeup

Target taps outsider as CEO for first time in push to redefine itself with shoppers

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

Tesla posts 2Q loss, prepares Nevada factory site

Tesla posts bigger 2Q loss as it invests in Model X and prepares Nevada factory site

Thursday - 07/31/2014, 08:00pm EDT

Debit overdraft fees often exceed cost of purchase

Federal agency finds that debit card purchases of less than $24 produce large overdraft fees

Thursday - 07/31/2014, 07:48pm EDT

Loan aid offered to western Md. flood victims

Small Business Administration loans available to victims of June flooding in western Md.

Thursday - 07/31/2014, 06:10pm EDT

NY Fed: Puerto Rico should seek economic reforms

NY Fed urges Puerto Rico to pursue economic reforms now to avoid 'painful adjustment'

Thursday - 07/31/2014, 05:39pm EDT

Exxon profit surges, but production slips

Exxon 2Q profits surges on asset sale, oil prices, but production slips

Thursday - 07/31/2014, 05:10pm EDT

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

Swiss drug maker Roche posts 7 percent profit drop

Swiss drug maker Roche posts 7 percent profit drop amid strong franc, diagnostic charges

Thursday - 07/24/2014, 12:20pm EDT

US unemployment aid applications drop to 284,000

Applications for US jobless benefits dip to 284,000; lowest level since February 2006

Thursday - 07/24/2014, 12:04pm EDT
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