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July 6th, 2015
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Archive: News / Biz / Business & Finance (22 Stories)

Lixil to take over German bathroom company Grohe

09/26/2013 2:34am
Japan's Lixil Corp. is to take a majority stake in German bathroom fittings maker Grohe in a deal that values the company at 3.06 billion euros ($4.1 billion).

Statoil announce large oil find off Canada

09/26/2013 5:22am
Norwegian energy company Statoil says drilling works off the Canadian coast have uncovered a major oil field that could contain as much as 600 million barrels of recoverable crude.

Toyota to export Corollas to Latin America in 2014

09/26/2013 5:58am
Toyota says it will begin sending U.S.-built Corolla sedans to 18 countries in Latin America and the Caribbean starting next year.

EADS slams Europe over defense industry policies

09/26/2013 6:15am
The top executive at Airbus' parent company, EADS, has criticized the European Union for being slow to integrate its defense industry.

Twitter, NFL reach deal to show football videos

09/26/2013 8:23am
The National Football league struck a deal to show game highlights and other video content on Twitter ahead of the short messaging service's initial public offering of stock.

US pending home sales fall for 3rd straight month

09/26/2013 8:49am
Fewer Americans signed contracts to buy U.S. homes in August, the third straight decline. The drop could mean that higher mortgage rates are starting to deter some buyers.

Ford buys software startup Livio

09/26/2013 12:58pm
Ford Motor Co. said Thursday that it acquired the startup company Livio in a bid to accelerate its efforts to help drivers safely access content on their smartphone while on the road.

News Summary: Christie's 1st auction in China

09/26/2013 2:27pm
BREAKING INTO CHINA: Christie's on Thursday put 42 pieces under the hammer in Shanghai, China's financial hub. It was the first time any foreign auction house has held such a sale on the mainland without having to go through intermediaries.

Premier shares jump after IPO raises $760M

09/26/2013 2:31pm
Shares of Premier Inc. climbed Thursday after the company's initial public offering of stock raised $760 million.

Covisint surges in 1st day as publicly traded co.

09/26/2013 2:35pm
Shares of Covisint jumped in their first day of trading on the Nasdaq.

Applied Optoelectronics shares fall after $36M IPO

09/26/2013 2:36pm
Shares of Applied Optoelectronics Inc. slipped in their market debut after the company raised $36 million in its initial public offering.

IPOs rise as market heats up

09/26/2013 2:38pm
A health care information company and two technology businesses rose in their market debuts Thursday as investors warm to IPOs.

Toyota exec: Pent-up demand for new cars will end

09/26/2013 2:54pm
The boom in sales of new cars in the U.S. has been fueled by consumers replacing vehicles they kept through the recession.

FAA: Charlotte airport to stay with city _ for now

09/26/2013 3:10pm
A federal agency says it will stay out of the legal fight between Charlotte and North Carolina lawmakers for control of the nation's sixth busiest airport until the issue is resolved in court.

FAA: Charlotte airport to stay with city _ for now

09/26/2013 3:10pm
A federal agency says it will stay out of the legal fight between Charlotte and North Carolina lawmakers for control of the nation's sixth busiest airport until the issue is resolved in court.

Penney says controller has left the company

09/26/2013 3:17pm
J.C. Penney Co. is announcing that its senior vice president and controller Mark R. Sweeney has left the company.

Smithfield Foods closes sale to China's Shuanghui

09/26/2013 3:32pm
Pork producer Smithfield Foods Inc. on Thursday completed its sale to Shuanghui International Holdings Ltd., the largest shareholder of China's biggest meat processor.

Air Products CEO McGlade to retire in 2014

09/26/2013 3:47pm
Air Products said Thursday that its CEO will retire next year, and that it is adding three new independent directors to its 11-member board.

Atty General meets with JPMorgan chief

09/26/2013 3:50pm
JPMorgan chief executive Jamie Dimon met Thursday with Attorney General Eric Holder about an investigation into the company's handling of mortgage-backed securities in the run-up to the recession.

News Summary: Jobs news give stocks a small lift

09/26/2013 3:57pm
JOBS BOOST: The Standard & Poor's 500 index rose for the first day in six after a government report showed that unemployment claims fell close to their lowest level in six years. Stocks have been falling in part because of concerns about a potential government shutdown as the White House and Republican-led Congress square off in a budget fight.

McDonald's to offer salad, fruit as side

09/26/2013 4:08pm
Want a side salad with that Big Mac?

For some, a path to student loan forgiveness

09/26/2013 4:09pm
Wish you could make your student loans disappear?
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