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2:01 am, August 22, 2014

Business News

Wal-Mart cuts profit outlook

Wal-Mart cuts profit outlook as sales stay sluggish, costs mount

Friday - 08/15/2014, 04:46am EDT

Amazon debuts mobile payment app and card reader

Amazon to offer credit-card reader and mobile app for small businesses

Friday - 08/15/2014, 01:34am EDT

GE in talks to sell historic appliance division

GE confirms talks with Electrolux, others for sale of appliance division

Friday - 08/15/2014, 01:00am EDT

Sentencing panel to weigh economic crime penalties

US Sentencing Commission identifies review of economic crime penalties as a priority

Friday - 08/15/2014, 12:02am EDT

Illinois company is latest to test market for carp

Illinois company is latest to test market for turning Asian carp into food and profits

Thursday - 08/14/2014, 09:56pm EDT

NewLink Genetics: Ready to test Ebola vaccine

NewLink Genetics says it is ready to start human testing for Ebola vaccine

Thursday - 08/14/2014, 06:40pm EDT

NY Fed: US auto loans soar to highest in 8 years

New York Fed: US auto loans rise to highest level since 2006, fueled by subprime lending

Thursday - 08/14/2014, 06:20pm EDT

US stocks move higher following earnings news

The US stock market closes higher following better earnings, corporate news

Thursday - 08/14/2014, 04:30pm EDT

US jobless aid applications rise to 311,000

Applications for US unemployment benefits increase to 311k; averages at pre-recession levels

Thursday - 08/14/2014, 04:26pm EDT

Shell sells shale gas rights for $2.1 billion

Shell sells shale assets in La., Wyo. for $2.1B; gains some Pennsylvania, Ohio land in return

Thursday - 08/14/2014, 03:40pm EDT

Average US 30-year mortgage rate at 4.12 percent

Average US rate on 30-year mortgage slips to 4.12 percent; rate on 15-year loan 3.24 percent

Thursday - 08/14/2014, 01:51pm EDT

US stocks open higher following earnings news

The US stock market rises in early trading following earnings, corporate news

Thursday - 08/14/2014, 01:47pm EDT

French economy stagnates in 2nd quarter

France abandons growth target after economy stagnates in 2nd quarter

Thursday - 08/14/2014, 01:44pm EDT

Germany's economy losing momentum

Germany's economy loses momentum, decreases 0.2% in second quarter

Thursday - 08/14/2014, 01:44pm EDT

Average US 30-year mortgage rate at 4.12 percent

Average US rate on 30-year mortgage slips to 4.12 percent; rate on 15-year loan 3.24 percent

Thursday - 08/14/2014, 10:33am EDT

Entrepreneurship the answer for some with autism

People with autism find purpose, income and joy by starting their own small businesses

Thursday - 08/14/2014, 10:28am EDT

Berlin taxi drivers hail city's Uber ban

Berlin taxi drivers celebrate after city bans ridesharing service Uber over safety fears

Thursday - 08/14/2014, 10:04am EDT

Macy's 2Q profit falls short; sales outlook cut

Macy's trims sales outlook as it reports 4 pct increase in 2Q profit

Thursday - 08/14/2014, 09:34am EDT

US retail sales flat in July

US retail sales basically flat in July; recent job growth fails to boost consumer spending

Thursday - 08/14/2014, 04:50am EDT

Burger King nixes lower-calorie 'Satisfries'

Burger King nixes lower-calorie 'Satisfries'

Thursday - 08/14/2014, 04:28am EDT

German factory orders decrease in June

German factory orders decrease in June due to geopolitical developments, risks

Wednesday - 08/06/2014, 07:00am EDT

APNewsBreak: Trump sues to get name off casinos

APNewsBreak: Donald Trump sues to get Atlantic City company to drop his name from 2 casinos

Wednesday - 08/06/2014, 06:40am EDT

Seattle artist sues over 'Angry Birds' pet toys

Seattle artist says pet products company used her 'Angry Birds' trademark without permission

Wednesday - 08/06/2014, 06:18am EDT

Asia stocks fall on Russia-Ukraine concerns

Asian stock markets fall as Ukraine-Russia tensions increase amid military buildup on border

Wednesday - 08/06/2014, 03:52am EDT

Obama announces $33B in commitments for Africa

At US-Africa summit, Obama announces $33 billion in new commitments to Africa

Wednesday - 08/06/2014, 03:02am EDT

Russian tourists stranded abroad as crisis deepens

As cracks appear in Russian economy, collapse of tour operators leaves thousands stranded

Wednesday - 08/06/2014, 02:14am EDT

Trial begins in train-truck crash that killed 6

6-week trial begins in 2011 Amtrak train-truck crash in rural Nevada that killed 6

Tuesday - 08/05/2014, 09:30pm EDT

Microsoft hires Qualcomm exec to make more deals

Microsoft lures executive away from Qualcomm to reel in more business deals in mobile market

Tuesday - 08/05/2014, 08:40pm EDT

LinkedIn pays $6M in unpaid wages, damages

LinkedIn pays nearly $6 million in overtime wages, damages after Labor Dept. investigation

Tuesday - 08/05/2014, 07:50pm EDT

Insurers launch huge health-records info exchange

Anthem, Blue Shield start California medical information portal to reduce waste, improve care

Tuesday - 08/05/2014, 07:19pm EDT

Poll: Americans diverge on how to pay for highways

Poll: Americans want good highways, bridges but don't like the options for paying for them

Tuesday - 08/05/2014, 05:02pm EDT

Grocery workers rally for fired chief executive

New England supermarket chain workers rally to support fired chief executive

Tuesday - 08/05/2014, 04:50pm EDT

Stocks slide as worries about Ukraine build

Stocks slide as traders worry about Ukraine-Russia tension; Energy stocks are hardest hit

Tuesday - 08/05/2014, 04:30pm EDT

US services firms grow at fastest pace in 8 years

US services companies expand at fastest pace in 8 years as sales, orders and hiring all grow

Tuesday - 08/05/2014, 04:22pm EDT

EU airline shares drop on Russian airspace report

Shares in European airlines drop after report claims Russia considering limiting airspace

Tuesday - 08/05/2014, 03:20pm EDT

Concerts on Yahoo make best of industry struggles

Free concerts on Yahoo make best of music industry's struggles

Tuesday - 08/05/2014, 02:16pm EDT

Putin orders Russia gov't response to sanctions

Putin says he has ordered Russian government to formulate response to Western sanctions

Tuesday - 08/05/2014, 01:50pm EDT

Colorado Democrats avoid fracking fight

Colorado Democrats avoid fracking fight after deal prompts groups to drop dueling proposals

Tuesday - 08/05/2014, 01:16pm EDT

CVS 2Q profit climbs 11 percent, forecast rises

CVS Caremark's 2nd quarter profit increases 11 percent, drugstore chain raises forecast

Tuesday - 08/05/2014, 12:30pm EDT

Lobby: Govt bonus hasn't boosted Italy's economy

Italian business lobby says premier's 80-euro bonus has failed to deliver economic boost

Tuesday - 08/05/2014, 12:30pm EDT

Dubai's Emirates halting flights to northern Iraq

Mideast's largest airline to stop flights to Iraq's Irbil as insurgency rages

Tuesday - 08/05/2014, 12:30pm EDT

Subaru recalls 5 models for air bag problem

Subaru recalling 5 models for air bag problem that has hit the entire auto industry

Tuesday - 08/05/2014, 12:30pm EDT

US stocks decline on mixed earnings; Target drops

US stocks fall in midday trading following mixed corporate earnings; Target falls on outlook

Tuesday - 08/05/2014, 11:56am EDT

Target lowers forecast, estimates breach costs

Target lowers forecast citing flat US sales; estimates cost of data breach

Tuesday - 08/05/2014, 11:44am EDT

US stocks open lower; Target slumps on forecast

US stocks open lower; Target slumps on earnings forecast

Tuesday - 08/05/2014, 11:19am EDT

Eurozone recovery holding up despite Ukraine

Despite uncertainties generated by Ukraine crisis, eurozone economy appears to be holding up

Tuesday - 08/05/2014, 08:18am EDT

Portugal bank collapse hits French financial group

Fallout from Portuguese bank costs French financial group Credit Agricole $950 million

Tuesday - 08/05/2014, 07:24am EDT

Telefonica bids to create Brazil's top operator

Spain's Telefonica makes $9 billion offer to buy Brazilian operator GVT

Tuesday - 08/05/2014, 06:50am EDT

Portugal bank collapse and rescue raises questions

Portuguese bank collapse and rescue revives questions about eurozone stability

Tuesday - 08/05/2014, 05:30am EDT

McDonald's says China meat scandal hurting sales

McDonald's says China meat supply scandal is hurting business; 2014 sales outlook is at risk

Tuesday - 08/05/2014, 02:04am EDT

Argentina loses bid to oust debt dispute mediator

US judge denies Argentina request to remove mediator in debt dispute that led to default

Monday - 08/04/2014, 11:54pm EDT

Death toll rises to 75 in Chinese factory blast

Death toll rises to 75 in Chinese auto parts factory explosion as poor safety measures faulted

Monday - 08/04/2014, 11:54pm EDT

NY investigates mortgage firm's insurance deals

New York probes sale, role of insurance subsidiary by largest holder of subprime mortgages

Monday - 08/04/2014, 06:10pm EDT

Gov't expects to borrow $192B in 3Q, $187B in 4Q

Gov't raises estimate of 3Q borrowing by $22B, to $192B; expects to borrow $187B for 4Q

Monday - 08/04/2014, 05:30pm EDT

Twitter: Govt. requests for user data increased

Twitter says government requests for user data grew sharply in past 6 months

Monday - 08/04/2014, 05:10pm EDT

US stocks bounce back after worst week since 2012

US stocks bounce back, recovering some ground after worst week since 2012; Berkshire gains

Monday - 08/04/2014, 04:35pm EDT

GM Finance subpoenaed over subprime auto loans

GM Finance says it received subpoena from Justice Department over subprime auto loans

Monday - 08/04/2014, 04:20pm EDT

Marvel's 'Guardians' rockets to top of box office

Marvel's 'Guardians of the Galaxy' rockets to top of weekend box office with $94 million debut

Monday - 08/04/2014, 03:48pm EDT

Iliad of France makes surprise bid for T-Mobile US

Iliad of France makes surprise bid for majority of T-Mobile US, challenging Sprint's overtures

Monday - 08/04/2014, 02:40pm EDT

Walgreen CFO leaves, replaced with Kraft exec

Key Walgreen exec leaves as drugstore chain nears decision on Alliance Boots combo, inversion

Monday - 08/04/2014, 02:30pm EDT

HSBC warns on global risks as profits drop

HSBC bank's first-half profits drop 5.4 percent amid geopolitical tensions, growth concerns

Monday - 08/04/2014, 01:50pm EDT

Germany nixes Russia military simulator deal

Germany revokes permit to deliver exercise simulator to Russia, nixing deal already put on ice

Monday - 08/04/2014, 12:26pm EDT

Stocks give up an early gain, mixed at midday

US stocks give up an early gain and trade mixed at midday; Utilities among biggest losers

Monday - 08/04/2014, 12:16pm EDT

Ag tourism touted as way to boost rural economies

Advocates see ag tourism as a way to boost rural economies, help farmers find new business

Monday - 08/04/2014, 12:13pm EDT

US stocks edge higher in early trading

US stocks edge higher in early trading; Utilities lag other sectors

Monday - 08/04/2014, 11:20am EDT

GM's faulty-ignition fund taking victims' claims

Fund accepting compensation claims from victims of GM vehicles with defective ignitions

Monday - 08/04/2014, 11:00am EDT

Why isn't there a treatment or vaccine for Ebola?

Ebola treatments, vaccines still in development; should they be tried now during outbreak?

Monday - 08/04/2014, 08:20am EDT

US job growth eases but tops 200K for a 6th month

Solid hiring stretches into 6th month as employers add 209,000 jobs; rate rises to 6.2 pct.

Sunday - 08/03/2014, 11:24pm EDT

S&P 500 has its worst week in 2 years

S&P 500 has its worst week since 2012 as geopolitical, Europe concerns worry US investors

Sunday - 08/03/2014, 11:38am EDT

US auto sales sizzle in July, helped by discounts

Big discounts help US auto sales sizzle, with best July sales since 2006

Sunday - 08/03/2014, 07:56am EDT

China car parts plant blast kills 69, hurts 187

Dust explosion at car parts factory in eastern China kills 69 people, injures nearly 200

Sunday - 08/03/2014, 12:30am EDT

Moody's upgrades Greece's credit rating

Moody's upgrades Greece's credit rating, sees gradual decline in national debt

Saturday - 08/02/2014, 10:20am EDT

Berkshire Hathaway 2Q profit jumps 41 percent

Buffett's Berkshire Hathaway 2Q profit up 41 percent; boost from Graham stock-swap deal

Saturday - 08/02/2014, 10:00am EDT

Rare summer relief for gasoline prices

Gas prices post rare July decline, lowest price to start August in 4 years

Saturday - 08/02/2014, 09:30am EDT
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