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10:19 pm, April 20, 2014

Business News

Facebook rolls out location-sharing feature

Facebook launches location-sharing feature 'Nearby Friends' with lots of precautions

Sunday - 04/20/2014, 03:12am EDT

Unemployment rates fall in 21 US states last month

More than 2/3 of US states had job gains in March, while unemployment rate fell in 21 states

Saturday - 04/19/2014, 01:58pm EDT

Court declines to block drug ruling in patent case

Supreme Court declines to block ruling on multiple sclerosis drug in patent dispute

Saturday - 04/19/2014, 11:00am EDT

Judge says American can't end retiree benefits yet

Bankruptcy judge rules against American Airlines' bid to quickly end retiree benefits

Saturday - 04/19/2014, 07:20am EDT

Brewers seek to rekindle Belgium's love of beer

As Belgian pubs shut, brewers warn country is losing love of beer and cannot rely on exports

Saturday - 04/19/2014, 03:52am EDT

US puts off decision on Keystone XL pipeline

US puts off decision on contentious Keystone XL pipeline, likely until after Election Day

Saturday - 04/19/2014, 03:36am EDT

Google's 1Q earnings disappoint as ad prices slip

Google's first-quarter results miss analyst targets as company's mobile ad headaches persist

Saturday - 04/19/2014, 01:22am EDT

Appeals court rejects challenge on cement plants

In appeals court decision, environmental groups lose challenge to EPA cement standard

Friday - 04/18/2014, 11:00pm EDT

IBM posts lower 1Q earnings amid hardware slump

IBM's 1st-quarter earnings hurt by reorganization charge; revenue slips amid hardware drop

Friday - 04/18/2014, 09:56pm EDT

Providence, RI, sues firms over stock trades

Providence, RI, sues financial firms, says they defrauded investors with high-speed trading

Friday - 04/18/2014, 09:10pm EDT

Restitution ordered over dead, dying reptiles

California breeder who had 20,000 dead, dying reptiles, rats must pay $190,000 in restitution

Friday - 04/18/2014, 08:00pm EDT

Asia stocks rise in abbreviated trading

Asian stock markets rise in abbreviated trading

Friday - 04/18/2014, 06:00pm EDT

IRS audits less than 1 percent of big partnerships

Report: IRS audits less than 1 percent of partnerships with more than $100 million in assets

Friday - 04/18/2014, 03:50pm EDT

Mazda recalls 109,000 older SUVs for rust problem

Mazda recalling 109,000 older Tribute SUVs to fix frame rust problem

Friday - 04/18/2014, 03:40pm EDT

Chobani to expand offerings amid competition

Chobani to expand product offerings with desserts, dips as it faces intensifying competition

Friday - 04/18/2014, 03:10pm EDT

Chinese trade group to mediate shoe factory strike

Chinese government trade union to mediate shoe factory strike by tens of thousands of workers

Friday - 04/18/2014, 02:30pm EDT

Bank of Cyprus sells business in Ukraine, Romania

Bank of Cyprus sells business in Ukraine, Romania reducing risk to balance sheet

Friday - 04/18/2014, 01:10pm EDT

Wal-Mart jumps into the money transfer biz, loudly

Wal-Mart, seeking to drive customer traffic, enters the money transfer business with a bang

Friday - 04/18/2014, 11:28am EDT

Judge won't order recalled GM cars to be parked

Judge won't make GM tell owners to stop driving cars recalled for ignition switch defect

Friday - 04/18/2014, 09:02am EDT

Researcher finds flaw in Samsung fingerprint check

American researcher says he's fooled fingerprint check on Samsung's flagship Galaxy S5

Friday - 04/18/2014, 08:50am EDT

Appeals court finds EPA carbon decision reasonable

Appeals court says EPA acted reasonably in decision not to change carbon monoxide standard

Friday - 04/11/2014, 05:28pm EDT

Sebelius: Work at HHS is the 'cause of my life'

Sebelius says 'tremendous progress' being made to fix 'broken health system'

Friday - 04/11/2014, 04:06pm EDT

Subway: 'Yoga mat chemical' almost out of bread

Subway says 'yoga mat chemical' will be out of bread soon, after protest over common additive

Friday - 04/11/2014, 04:02pm EDT

Salesforce to anchor West Coast's tallest building

Salesforce to be anchor tenant in San Francisco tower set to be West Coast's tallest building

Friday - 04/11/2014, 03:35pm EDT

Exxon CEO's compensation rises 3 percent to $28.1M

CEO of Exxon Mobil's compensation up 3 percent to $28.1 million, mostly in stock awards

Friday - 04/11/2014, 03:31pm EDT

AutoNavi agrees to be acquired by Alibaba

AutoNavi agrees to be acquired by Alibaba in deal valued at $1.5B

Friday - 04/11/2014, 02:06pm EDT

Wells Fargo's earnings rise 14 percent

Wells Fargo's earnings surge 14 percent as bank continues to trim loan losses

Friday - 04/11/2014, 01:52pm EDT

Earnings drop at JPMorgan drags bank stocks lower

Earnings drop at JPMorgan Chase drags bank stocks lower; Technology sector still weak

Friday - 04/11/2014, 12:06pm EDT

Gummy bear loses latest round in copyright fight

Chocolate teddy beats gummy bear in latest round in copyright battle between 2 candymakers

Friday - 04/11/2014, 11:50am EDT

Tech sell-off roils global markets

Following Nasdaq's worst day since 2011, global markets under pressure

Friday - 04/11/2014, 11:33am EDT

US agency closes probe into Ford pickup trucks

US safety agency ends probe into Ford pickup truck slow acceleration without seeking a recall

Friday - 04/11/2014, 11:28am EDT

Ukraine, Westinghouse seal nuclear fuel deal

Westinghouse and Ukraine extend deal to deliver nuclear fuel for reactors through 2020

Friday - 04/11/2014, 11:21am EDT

JPMorgan's first-quarter profit falls 20 percent

JPMorgan's first-quarter profit falls as investment banking and mortgage revenue drops

Friday - 04/11/2014, 11:20am EDT

Ailing Puerto Rico open to radical economic fixes

Slash holidays? Close govt agencies? Ailing Puerto Rico looks for ways out of deep slump

Friday - 04/11/2014, 11:14am EDT

Oil slips closer to $103 on China slowdown signs

Oil slips closer to $103 a barrel amid signs China's economic growth continues to slow

Friday - 04/11/2014, 11:11am EDT

BMW extends recall worldwide to half-million cars

BMW extends recall over possible faulty engine bolt to some half-million cars worldwide

Friday - 04/11/2014, 10:50am EDT

Coldwater Creek files for bankruptcy protection

Coldwater Creek files for Ch. 11 bankruptcy protection; was unable to find potential buyer

Friday - 04/11/2014, 10:12am EDT

NY judge sentences SAC Capital in $1.8B fraud deal

NY judge sentences SAC Capital according to terms of government's record $1.8B fraud deal

Friday - 04/11/2014, 05:10am EDT

US budget deficit falls in March to $37 billion

US budget deficit falls in March from same month last year as revenue rises, spending dips

Friday - 04/11/2014, 04:24am EDT

Organizers back out of Evel Knievel festival

Organizers cut ties with Evel Knievel festival amid dispute, say family can run event

Friday - 04/11/2014, 04:18am EDT

California city turns up heat on Sriracha maker

California city turns up heat on Sriracha hot sauce maker, calling it a public nuisance

Friday - 04/11/2014, 04:06am EDT

US warns Russia of tougher sanctions over Ukraine

US warns of tougher sanctions over Ukraine if Russia escalates situation

Friday - 04/11/2014, 03:56am EDT

Judge says flashing headlights is free speech

Oregon judge says flashing headlights to warn drivers of police presence is free speech

Friday - 04/11/2014, 03:30am EDT

Greece returns to bond markets with a bang

Greece sees strong demand for first bond issue since it needed a bailout 4 years ago

Friday - 04/11/2014, 03:16am EDT

Tech sell-off sends Asian stock markets lower

Tech stocks lead Asian stock markets lower after Nadaq's worst day since 2011

Friday - 04/11/2014, 12:24am EDT

Feds: Pipe tear caused 2009 oil refinery blast

Federal investigators: 2009 explosion at Utah oil refinery caused by wear to uninspected pipe

Thursday - 04/10/2014, 09:00pm EDT

Lufthansa Technik to build facility in Puerto Rico

Puerto Rico signs deal with Lufthansa Technik to build aviation maintenance facility

Thursday - 04/10/2014, 08:10pm EDT

Continued drop in PC shipments slows

PC shipments drop for 8th-straight quarter, but rate slows considerably

Thursday - 04/10/2014, 08:00pm EDT

Heartbleed bug causes major security headache

Passwords, other sensitive data exposed to potential theft by Heartbleed security flaw

Thursday - 04/10/2014, 05:50pm EDT

Stocks drop; Biotech takes another plunge

Stocks drop as investors dump biotech and other former favorites; Nasdaq sinks 3.1 percent

Thursday - 04/10/2014, 05:36pm EDT

What you need to know about the Heartbleed bug

Answers to common questions about the Heartbleed bug and how to protect against it

Thursday - 04/10/2014, 05:30pm EDT

Family Dollar to close stores as shoppers pinched

Family Dollar to cut jobs, close about 370 stores as low-income shoppers feel financial pinch

Thursday - 04/10/2014, 05:17pm EDT

Applications for US jobless aid dip 32K to 300,000

Lowest number of Americans seeking jobless benefits in almost 7 years, declines 32K to 300,000

Thursday - 04/10/2014, 04:28pm EDT

Ally shares slide in first-day trading

Banker and auto lender Ally holds largest IPO of the year but shares drop in midday trading

Thursday - 04/10/2014, 03:38pm EDT

Boeing moves 1K customer support jobs to SoCal

Boeing moves 1K customer support jobs from Washington to Southern California

Thursday - 04/10/2014, 02:58pm EDT

Average US 30-year mortgage rate down to 4.34 pct.

Average US rate on 30-year mortgage falls to 4.34 pct.; 15-year loan eases to 3.38 pct.

Thursday - 04/10/2014, 02:53pm EDT

Sebelius: 7.5 million now signed up

Health secretary Sebelius says 7.5 million people have applied for coverage under health law

Thursday - 04/10/2014, 01:30pm EDT

Crisis deepens at Co-op Group as director quits

In latest blow, reforming director quits board of Britain's troubled Co-operative Group

Thursday - 04/10/2014, 12:47pm EDT

Stocks take another tumble; eBay heads lower

Stocks slide on Wall Street; Volatile biotechnology sector takes another plunge; eBay down

Thursday - 04/10/2014, 12:11pm EDT

Another profitable quarter, Rite Aid breaks out

Rite Aid tops fourth-quarter expectations, logs 6th straight profit and prepares for growth

Thursday - 04/10/2014, 12:00pm EDT

Myanmar clunkers scrapped in rush for 'new' cars

Myanmar clunkers hit the scrap heap, as automakers set sights on new car market

Thursday - 04/10/2014, 11:08am EDT

A muddled start for US stocks; eBay opens lower

Stocks get off to a mixed start on Wall Street; Bed Bath & Beyond plunges on weak sales

Thursday - 04/10/2014, 09:57am EDT

Oil slips on weak China trade data, US supply rise

Oil prices down but still above $103 on weak China trade data, surge in US crude supplies

Thursday - 04/10/2014, 09:40am EDT

Economists predict muted German minimum wage hit

While raising German growth forecast, economists predict modest minimum wage impact

Thursday - 04/10/2014, 09:30am EDT

Dozens arrested in credit card fraud crackdown

Police arrest 70 at airports around the world in coordinated crackdown on credit card fraud

Thursday - 04/10/2014, 09:30am EDT

Northwestern appeals NLRB ruling on athletes

Northwestern appeals labor board ruling that its college scholarship athletes are employees

Thursday - 04/10/2014, 08:30am EDT

Bank of England keeps rates, stimulus on hold

Bank of England keeps key rate at 0.5 percent, stimulus program on hold as economy recovers

Thursday - 04/10/2014, 08:20am EDT

US stocks rally on Fed minutes, earnings news

Encouraging signals from the Federal Reserve on interest rates send stocks sharply higher

Thursday - 04/10/2014, 06:48am EDT

Minutes show Fed struggled to agree on rate policy

Fed minutes show officials struggling with language to convey future interest-rate levels

Thursday - 04/10/2014, 06:00am EDT

House panel refers ex-IRS official to Justice Dept

House panel says former IRS official may have committed crimes in tea party targeting

Thursday - 04/10/2014, 12:10am EDT

Comcast argues benefits of Time Warner Cable deal

Comcast makes its case for taking over Time Warner Cable, stresses benefits in gov't filings

Wednesday - 04/09/2014, 11:50pm EDT

Data brokers disciplined over consumer protections

Government: Broker sold consumer data that wrongly identified people as possible sex offenders

Wednesday - 04/09/2014, 09:10pm EDT

UN climate panel chair calls for 'enlightenment'

UN panel chair urges 'enlightenment' as debate on climate mitigation hots up

Wednesday - 04/09/2014, 07:54pm EDT

US senator joins critics of federal cattle roundup

Senator, Nevada governor air complaints of roundup in rancher-BLM range dispute outside Vegas

Wednesday - 04/09/2014, 07:26pm EDT

Detroit reaches bankruptcy deal over some bonds

Detroit reaches bankruptcy agreement over $388M in bonds; mediators hope for more deals

Wednesday - 04/09/2014, 07:16pm EDT

BofA paying $772M over selling credit card extras

Bank of America paying $772M in settlement with US regulators over selling credit card extras

Wednesday - 04/09/2014, 05:30pm EDT

Stocks advance on Fed minutes, US earnings

Stocks rise following minutes from Fed meeting and an encouraging start to corporate earnings

Wednesday - 04/09/2014, 05:18pm EDT

Panera CEO looks to fix 'mosh pit' ordering system

Panera CEO looks to fix chain's 'mosh pit' system of ordering

Wednesday - 04/09/2014, 04:44pm EDT

Alaska's largest daily newspaper sold for $34M

Online newspaper Alaska Dispatch buys Anchorage Daily News for $34 million

Wednesday - 04/09/2014, 04:40pm EDT

La Quinta rises in 1st day on the NYSE

Hotel chain La Quinta gains in market debut after shares price low; IPO raises $651 million

Wednesday - 04/09/2014, 03:50pm EDT

P&G selling pet food brands to Mars for $2.9B

Consumer products company P&G selling Iams, other pet food brands to Mars for $2.9 billion

Wednesday - 04/09/2014, 03:20pm EDT

Small businesses in limbo again on tax breaks

Small businesses waiting again for Congress to make decisions that could save them money

Wednesday - 04/09/2014, 03:04pm EDT

Feds say oil trains should have two-man crews

Trains transporting crude oil should have at least 2-man crews, federal regulators say

Wednesday - 04/09/2014, 02:48pm EDT

Ex-Anglo Irish bankers have some charges dropped

Judge drops 13 fraud charges against 2 ex-leaders of failed Anglo Irish Bank; trial continues

Wednesday - 04/09/2014, 02:13pm EDT

Back from cold, Greece announces market return

Back from cold, beleaguered Greece announces market return with 5-year bond sale

Wednesday - 04/09/2014, 01:48pm EDT

Nigerian Air Force buying new fighters, choppers

Nigeria Air Force chief announces purchase of new fighter jets, helicopters; gives no details

Wednesday - 04/09/2014, 01:40pm EDT

VW tells dealers to stop selling 4 models

Volkswagen tells dealers to stop selling 4 popular models until transmission leak is fixed

Wednesday - 04/09/2014, 12:50pm EDT

Bank of America to cut 3,000 overseas jobs

Bank of America to eliminate 3,000 jobs in Costa Rica, the Philippines and Mexico

Wednesday - 04/09/2014, 12:40pm EDT

GM auto workers vote to allow strike in Kentucky

Union workers in Ky. give green light authorizing strike at GM plant that makes Corvettes

Wednesday - 04/09/2014, 12:40pm EDT

Stocks move higher as US earnings get underway

Indexes rise as corporate earnings get underway; Alcoa leads a rally in materials stocks

Wednesday - 04/09/2014, 12:15pm EDT

Russia threatens Ukraine on gas supply

Russia threatens it could ask Ukraine for advance payment for gas

Wednesday - 04/09/2014, 11:58am EDT

US wholesale stockpiles up 0.5 percent in February

US stockpiles held by wholesalers rose 0.5 percent in February as sales increased 0.7 percent

Wednesday - 04/09/2014, 11:40am EDT
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