1:23 am, May 24, 2013
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Business News

US trade deficit falls to $38.8 billion in March

US trade deficit drops to $38.8 billion in March as flow of crude oil falls to 17-year low

Thursday - 05/02/2013, 02:44pm EDT

ECB cuts benchmark interest rate to 0.5 percent

The European Central Bank cut its key interest rate to a record low 0.50 percent Thursday and announced other measures to spur lending and help lift the euro area out of a stubborn recession.

Thursday - 05/02/2013, 02:52pm EDT

Germ-zapping 'robots': Hospitals combat superbugs

Hospitals see wave of products to fight superbugs; penalties loom if patients catch infections

Thursday - 05/02/2013, 02:18pm EDT

British NGO challenges Goldman tax deal

British NGO challenges tax authorities over "sweetheart" Goldman tax deal

Thursday - 05/02/2013, 01:00pm EDT

OECD urges Italy to keep austerity as Rome balks

OECD urges Italy stick with debt reduction measures as new PM Letta seeks to focus on growth

Thursday - 05/02/2013, 12:41pm EDT

Reactions to European Central Bank rate cut

A look at analyst reactions to the ECB's decision to cut its main interest rate to record low

Thursday - 05/02/2013, 12:20pm EDT

How states fared on unemployment benefit claims

The number of Americans seeking unemployment aid fell last week to seasonally adjusted 324,000, the lowest since January 2008. The drop points to fewer layoffs, but companies still need to ramp up hiring in order to rapidly lower unemployment.

Thursday - 05/02/2013, 12:29pm EDT

Stocks open higher after GM, CBS earnings rise

Indexes open higher on Wall Street after GM, CBS and others report higher income

Thursday - 05/02/2013, 11:00am EDT

Survey shows China manufacturing growth slowing

Survey shows China manufacturing growth slowing in negative sign for weak recovery

Thursday - 05/02/2013, 11:00am EDT

UN says 2012 was 9th-hottest year since 1850

UN weather agency: 2012 was 9th hottest year since 1850; above-average temps for over 25 years

Thursday - 05/02/2013, 10:40am EDT

Shell CEO Voser to retire in 2014

Shell CEO Voser to retire in 2014; company first quarter profit dips on lower oil prices

Thursday - 05/02/2013, 10:12am EDT

Futures pointing higher after previous day's rout

US stock futures edge higher with US markets paying heed to actions by Europe's central bank

Thursday - 05/02/2013, 09:58am EDT

European Commission investigates Peugeot state aid

European Commission investigates Peugeot state aid for possible antitrust violations

Thursday - 05/02/2013, 09:40am EDT

Sanofi earnings slashed in first quarter

Sanofi 1Q net drops 45 percent as generic competition slashes sales of Plavix, other drugs

Thursday - 05/02/2013, 08:38am EDT

Oil trades above $91, recovering from big drop

Oil price rebounds above $91 a barrel on ECB interest rate cut after drop on large supplies

Thursday - 05/02/2013, 08:31am EDT

Fed keeps stimulus, says taxes and cuts have hurt

Fed stands by stimulus and says tax increases and spending cuts have slowed economy

Thursday - 05/02/2013, 06:40am EDT

Around the world, angry workers unite on May Day

In cities across the world, anger and frustration reign on May Day as workers make demands

Thursday - 05/02/2013, 06:10am EDT

PepsiCo pulls Mountain Dew ad after criticism

PepsiCo pulls Mountain Dew ad following criticism over racial, violent content

Thursday - 05/02/2013, 05:50am EDT

Stocks sink on economic worries; Dow off 138

Signs of slowing economy yank stock market lower; Dow off 138

Thursday - 05/02/2013, 05:24am EDT

430 dead so far in Bangladesh building collapse

Toll rises to 430 dead in Bangladesh building collapse; authorities say 149 are still missing

Thursday - 05/02/2013, 05:10am EDT
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