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Archive: News / Biz / Business & Finance (15 Stories)

World Bank lowers growth outlook for East Asia

10/07/2013 1:49am
The World Bank cut its 2013 growth forecast for East Asia's developing countries on Monday, reflecting regional powerhouse China's slowdown plus the looming end of the United States' cheap-money stimulus policy.

US government work is losing cachet for some

10/07/2013 5:33am
There was a time when being a federal employee meant a steady paycheck, great benefits and pride in serving the country.

Solvay buys US chemical firm in $1.3 billion deal

10/07/2013 7:10am
Belgian chemical company Solvay says it's buying privately-held U.S. firm Chemlogics for $1.3 billion to strengthen its position in the market servicing the fast-growing oil and gas industry.

Families hoard cash 5 yrs after crisis

10/07/2013 8:49am
They speak different languages, live in countries rich and poor, face horrible job markets and healthy ones. When it comes to money, though, they act as one: They're holding tight to their cash, driven more by a fear of losing what they have than a desire to add to it.

Families hoard cash 5 years after crisis

10/07/2013 8:51am
They speak different languages, live in countries rich and poor, face horrible job markets and healthy ones. When it comes to money, though, they act as one: They're holding tight to their cash, driven more by a fear of losing what they have than a desire to add to it.

Lockheed Martin furloughing 20 pct fewer workers

10/07/2013 10:39am
Lockheed Martin said Monday that it is furloughing about 2,400 workers due to the government shutdown _ 20 percent less than the defense contractor had initially planned.

Darling buying Vion Holding unit for $2.17B

10/07/2013 11:39am
Food recycling company Darling International Inc. is buying a unit of Vion Holding NV for about 1.6 billion euros ($2.17 billion).

New $100 bills start circulating Tuesday

10/07/2013 12:33pm
The new $100 bill, with an array of high-tech features designed to thwart counterfeiters, will get its coming out party on Tuesday, partial government shutdown or not.

Cooper Tire, Apollo Tyres agreement grows strained

10/07/2013 1:23pm
Cooper Tire & Rubber Co. shares are plunging Monday as its $2.2 billion deal with Apollo Tyres Ltd. becomes more uncertain.

In blow to Boeing, JAL makes 1st buy from Airbus

10/07/2013 2:53pm
Usually when Japanese airlines need to buy a big plane, they go to Boeing. Not this time.

Cooper Tire, Apollo Tyres agreement grows strained

10/07/2013 2:54pm
Cooper Tire & Rubber Co. shares plunged Monday as its $2.2 billion deal with Apollo Tyres Ltd. becomes more uncertain.

Icahn reveals stake in Canada's Talisman Energy

10/07/2013 4:13pm
Talisman Energy Inc. shares soared in extended trading after activist investor Carl Icahn tweeted that he has accumulated a nearly 6 percent stake in the Canadian oil and gas company.

Icahn reveals stake in Canada's Talisman Energy

10/07/2013 4:14pm
Talisman Energy Inc. shares soared in extended trading after activist investor Carl Icahn tweeted that he has accumulated a nearly 6 percent stake in the Canadian oil and gas company.

New $100 bills start circulating Tuesday

10/07/2013 9:27pm
The new $100 bill, with an array of high-tech features designed to thwart counterfeiters, will get its coming out party on Tuesday, partial government shutdown or not.

9 Utah counties declare state of emergency due to gov't shutdown

10/07/2013 9:55pm
As the government shutdown keeps a closed sign on national parks across the country, hindering local tourism, nine Utah counties have declared a state of emergency due to "economic disruption."