5:33 pm, May 20, 2013
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Business News

US rig count is unchanged at 1,769

Oilfield services company Baker Hughes Inc. says the number of rigs actively exploring for oil and natural gas in the U.S. remains unchanged this week, at 1,769.

Friday - 05/17/2013, 04:45pm EDT

Tableau Software soars in trading debut

Shares of Tableau Software soar in trading debut after raising $254.2M in IPO

Friday - 05/17/2013, 03:28pm EDT

Italian Cabinet passes first economic measures

Italian Cabinet passes first economic measures, formally suspending tax on first homes

Friday - 05/17/2013, 02:40pm EDT

IMF says Cyprus at risk of even deeper recession

IMF says Cyprus economic outlook uncertain, faces risk of even deeper recession

Friday - 05/17/2013, 02:40pm EDT

Fitch downgrades Slovenia amid banking concerns

Fitch ratings agency cuts Slovenia's sovereign credit grade on economy, banking concerns

Friday - 05/17/2013, 02:10pm EDT

European car sales up for first time since 2011

European car sales rise in April, ending 18-month streak of declines

Friday - 05/17/2013, 02:08pm EDT

Greece faces slow, jobless recovery next year

European Commission predicts Greek recession to end in 2014 but unemployment to stay high

Friday - 05/17/2013, 01:36pm EDT

Interior issues new drilling rule on public land

New Interior Department drilling rule relies on industry-sponsored database

Friday - 05/17/2013, 01:20pm EDT

Indian circuses struggle to adapt after court bans

Court bans on wild animals, child performers force struggling Indian circuses to adapt or die

Friday - 05/17/2013, 01:10pm EDT

World stocks strong into the weekend

World stocks higher on US leading indicator, consumer confidence reports

Friday - 05/17/2013, 12:49pm EDT

EU to ban reusable olive oil bottles in eateries

Refill olive oil bottles in restaurants? Forget it, says EU. Too unhygienic and fraud-prone

Friday - 05/17/2013, 12:08pm EDT

Czech, US cooperate in developing new reactors

US completes transfer of coolant salt to Czech Republic to develop new nuclear reactors

Friday - 05/17/2013, 10:50am EDT

Wal-Mart's 1Q profit, sales disappoint

Wal-Mart's 1Q profit disappoints as it struggles with sales slump

Friday - 05/17/2013, 10:34am EDT

Stocks edge higher in early trading on Wall Street

Indexes open higher on Wall Street; Northrop Grumman rises on stock buyback plans

Friday - 05/17/2013, 10:29am EDT

4-month strike at PSA Peugeot Citroen plant ends

4-month strike at Peugeot Citroen plant slated for closure ends; workers say they'll fight on

Friday - 05/17/2013, 10:20am EDT

CFTC adopts weakened rule on derivatives trading

US regulators adopt weakened rule on derivatives trading; critics say large banks to benefit

Friday - 05/17/2013, 10:20am EDT

Cisco 3Q net income rises 14 percent

Cisco 3rd-qtr income grows 14 pct, and company points to good signs in US and other markets

Friday - 05/17/2013, 10:10am EDT

Futures rebound ahead of Conference Board report

US stock futures bounce back after unsettling day for retailers; Conference Board report due

Friday - 05/17/2013, 09:44am EDT

Oil gains to near $96 as investors eye US economy

Oil price up to near $96 a barrel in European trade as investors await US economic indicator

Friday - 05/17/2013, 08:51am EDT

A late fade on Wall Street; Wal-Mart, Disney slump

Wall Street closes lower after a muddled day of trading; Wal-Mart slides on weak sales

Friday - 05/17/2013, 05:14am EDT
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