Ousted founder of Men's Wearhouse fights back
Anne D'innocenzio, Associated Press |
posted 13 minutes ago
George Zimmer, the ousted founder and executive chairman of Men's Wearhouse, says Wednesday he was dismissed after he and the company's board disagreed about how it should look.
Oil little changed before Fed's Bernanke speaks
The Associated Press |
posted 35 minutes ago
The price of oil was down slightly Wednesday as traders waited to hear the latest on the Federal Reserve's monetary policy from chairman Ben Bernanke.
United Tech sees impact from order on fraud charge
Stephen Singer, Associated Press |
posted 42 minutes ago
A federal court order that United Technologies Corp. pay $473 million plus interest to compensate for alleged fraud in its sale of fighter jet engines could cut into revenue and profit, the aerospace giant said in a regulatory filing.
Bluebird Bio shares rocket higher in trading debut
Associated Press |
posted Jun 19th - 9:23am
Shares of gene therapy developer Bluebird Bio Inc. are surging in their trading debut.
US crude oil supplies grew by 300,000 barrels
Associated Press |
posted Jun 19th - 9:11am
The nation's crude oil supplies increased last week, the government said Wednesday.
Clark and Thunell join board of Blackstone company
Associated Press |
posted Jun 19th - 9:01am
The Blackstone Group LP said Wednesday that General Wesley Clark and Lars Thunell have joined the board of its newly formed power development company Fisterra Energy.
Cyprus okays gas plant deal with Noble, Delek
Menelaos Hadjicostis, Associated Press |
posted Jun 19th - 7:43am
Cyprus' deputy government spokesman says the Cabinet has ratified a preliminary agreement with U.S. firm Noble Energy and its Israeli partners Delek Drilling and Avner Oil Exploration on their participation in the development of a planned natural gas processing facility.
FedEx 4Q profit drops as priority services lag
David Koenig, Associated Press |
posted Jun 19th - 6:49am
FedEx Corp.'s fourth-quarter profit fell 45 percent as international customers traded down to less-expensive delivery options.
Japan's trade deficit climbs to $10.5B in May
Elaine Kurtenbach, Associated Press |
posted Jun 19th - 1:15am
Japan's trade deficit rose nearly 10 percent in May to 993.9 billion yen (nearly $10.5 billion), highlighting the challenge Prime Minister Shinzo Abe faces in revitalizing manufacturing as industries increasingly shift production offshore.
A guide to the Federal Reserve's events Wednesday
Martin Crutsinger, Associated Press |
posted Jun 18th - 10:03pm
Worry and speculation have consumed investors since Chairman Ben Bernanke spoke to Congress last month about the Federal Reserve's drive to keep long-term interest rates at record lows.
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