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3:38 am, September 2, 2014

Business News

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

Shell profit up on higher oil prices

Shell benefits from higher oil prices, books $5.31 billion profit in second quarter

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

Swiss central bank reports $17.7B half-year profit

Swiss central bank reports $17.7 billion half-year gain boosted by currency, gold

Thursday - 07/31/2014, 05:40am EDT

Siemens earnings up 27 pct in April-June quarter

Siemens profit 27 percent higher in April-June quarter, but strong euro hurts revenue, orders

Thursday - 07/31/2014, 05:40am EDT

Alcatel loss narrows in 2Q but revenue stagnates

Telecoms company Alcatel-Lucent sees loss narrow in 2nd quarter on lower charges

Thursday - 07/31/2014, 05:30am EDT

Sanctions will damage Russia if not lifted quickly

Sanctions on Russian banks, oil technology seen causing real economic damage if left in place

Thursday - 07/31/2014, 05:30am EDT

AB InBev earnings rise, sees US improving

Budweiser brewer AB Inbev says sales grew in the second quarter, sees improving US

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

Sanofi 2nd quarter profit surges

Drug maker Sanofi ups earnings guidance as 2nd quarter profit surges

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