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11:01 pm, August 20, 2014

Business News

Oil surges to near $103 as US stockpiles fall

Oil price surges to near $103 a barrel after US crude inventories fall more than expected

Thursday - 07/17/2014, 11:20am EDT

Philip Morris Int'l 2Q profit falls 13 percent

Philip Morris International 2Q profit falls, stung by unfavorable currency exchange rates

Thursday - 07/17/2014, 11:00am EDT

Morgan Stanley quarterly profit more than doubles

Investment banking, wealth management help Morgan Stanley more than double its 2Q profit

Thursday - 07/17/2014, 10:53am EDT

Apple may refund $400M in digital book settlement

Apple to pay $400 million to settle e-book price-fixing case unless company prevails in appeal

Thursday - 07/17/2014, 10:38am EDT

Stocks edge lower in early trading; Mattel sinks

US stocks open slightly lower as traders digest mixed economic and earnings news; Mattel sinks

Thursday - 07/17/2014, 09:59am EDT

Turkey cuts rates again as volatility eases

Turkey cuts main interest rate by 0.50 percentage point amid improvements in liquidity

Thursday - 07/17/2014, 09:09am EDT

Novartis cites momentum in 3 percent profit rise

Novartis posts 3 percent profit rise for 2Q, cites strong momentum for new product development

Thursday - 07/17/2014, 08:38am EDT

Japan wary as US, Europe up sanctions on Russia

Balancing priorities, Japan cautious as US, Europe step up sanctions on Russia over Ukraine

Thursday - 07/17/2014, 06:08am EDT

US stocks close higher; Time Warner soars

Dow reaches another record following earnings, deal news; Time Warner soars on Murdoch bid

Thursday - 07/17/2014, 04:08am EDT

What happens to your online accounts when you die?

Digital afterlife: What happens to your email, other accounts when you die and don't specify?

Thursday - 07/17/2014, 03:24am EDT

Latest Fed survey sees improved economy

Fed survey: US economy expanding in all regions of country, helped by consumer spending

Thursday - 07/17/2014, 02:36am EDT

Make room Juan Valdez: Starbucks opens in Colombia

Make room Juan Valdez: Starbucks opens first store in Colombia, home of Arabica coffee beans

Thursday - 07/17/2014, 12:12am EDT

Feds seek to air consumer finance complaints

Federal consumer watchdog wants to publish details of consumers financial complaints

Wednesday - 07/16/2014, 08:00pm EDT

VW passes GM in global auto sales race

Volkswagen passes General Motors to take second place in global auto sales race

Wednesday - 07/16/2014, 08:00pm EDT

Yellen rejects move to set up formula for Fed

Yellen says forcing Fed to follow formula in setting interest rates would be grave mistake

Wednesday - 07/16/2014, 07:58pm EDT

Yahoo 2Q earnings, revenue fall amid ad slump

Yahoo posts lower 2nd-quarter earnings revenue amid ad slump, reaches Alibaba deal

Wednesday - 07/16/2014, 06:18pm EDT

Bank of America takes $4 billion litigation hit

Bank of America's income falls, takes $4 billion of litigation costs; Settles with AIG

Wednesday - 07/16/2014, 05:20pm EDT

US stocks close higher; Time Warner soars

Dow reaches another record following earnings, deal news; Time Warner soars on Murdoch bid

Wednesday - 07/16/2014, 05:04pm EDT

Daimler launches new version of tiny Smart car

Daimler introduces new version of two-seat Smart car in hopes of stronger profit contribution

Wednesday - 07/16/2014, 05:00pm EDT

BMW recalls 1.6M 3-Series cars for air bag problem

BMW recalls 1.6M 3-Series cars to fix air bag problem that's affecting global auto industry

Wednesday - 07/16/2014, 02:40pm EDT
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