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Archive: News / Biz / Business & Finance (30 Stories)

OECD urges China to free markets, ease migration

03/22/2013 1:42am
The Organization for Economic Cooperation and Development urged China to make good on pledges to force state companies to compete in more open markets and ease movement of migrants into cities to keep its economic growth strong.

Sarkozy lawyer calls charges 'scandalous'

03/22/2013 2:56am
A lawyer for Nicolas Sarkozy slammed an investigation into the campaign finances of former French president, saying he is being treated "scandalously."

Lion takes on AirAsia with record jet orders

03/22/2013 3:11am
Indonesia's top discount carrier, which catapulted into the global aviation spotlight with record deals to buy Airbus and Boeing planes, is taking the battle for Asia's budget-minded travelers to the backyard of the airline that helped pioneer low cost flights in the region.

Crisis in Cyprus threatens EU role and legitimacy

03/22/2013 3:21am
By rejecting an EU bailout and turning to Russia for help, Cyprus has exposed the growing frustration and dwindling solidarity within the European Union, a bloc meant to bring the continent closer together after World War II.

French luxury group PPR changes name to Kering

03/22/2013 3:56am
French luxury purveyor PPR says it is changing its name to Kering.

CNOOC posts 9.3 pct profit drop on higher costs

03/22/2013 4:03am
State-owned CNOOC, which made China's biggest-ever overseas energy acquisition last year, said Friday that annual profit fell 9.3 percent because of higher costs for exploration and for operating in Canada's oil sands.

CNOOC posts 9.3 pct profit drop on higher costs

03/22/2013 5:48am
State-owned CNOOC, which made China's biggest-ever overseas energy acquisition last year, said Friday that annual profit fell 9.3 percent because of higher costs for exploration and for operating in Canada's oil sands.

London mayor wins case over anti-gay bus ad ban

03/22/2013 5:57am
Britain's High Court ruled Friday that the mayor of London acted lawfully when he banned bus ads from a Christian group suggesting that homosexuality can be cured.

Bank closure leaves Cyprus businesses high and dry

03/22/2013 8:33am
At Jenny Dobreva's a convenience store, a customer comes up to get a lighter. She apologetically turns him away. It's not because he doesn't have enough money _ it's because she doesn't have enough change.

Marin Software rises in debut on the NYSE

03/22/2013 9:07am
Shares of Marin Software climbed nearly 27 percent in their first day as a publicly traded company.

FDA proposes new rules for heart defibrillators

03/22/2013 9:26am
The Food and Drug Administration will require makers of heart-zapping defibrillators to submit more data on their safety and effectiveness following years of recalls of the emergency devices.

Croatian wins libel case over wrong ID as Nazi

03/22/2013 9:30am
A Croatian actor has won a British libel suit after a U.K. newspaper wrongly identified him as a Nazi war criminal.

BP announces $8 billion share buyback

03/22/2013 9:46am
Oil company BP said Friday it will buy back $8 billion of shares using money it earned by selling its stake in Russian producer TNK-BP.

Reynolds' Delen made $8.65 million in 2012

03/22/2013 9:59am
Reynolds American Inc., the nation's second-biggest tobacco company, awarded its CEO Daniel M. Delen a compensation package valued at $8.65 million in fiscal 2012, about 2 percent more than the previous year, according to an Associated Press analysis of a regulatory filing.

Key players in Cyprus' financial drama

03/22/2013 10:13am
The government of Cyprus is trying frantically to come up with a Plan B to avoid the country's financial collapse and possible exit from the euro currency union.

In lavish reception, Putin greets China president

03/22/2013 11:06am
China's new president received a lavish welcome Friday as he made Moscow his first foreign destination, joining with Russian President Vladimir Putin in a pointed attempt to counter U.S. influence in Asia.

Investigators scold Boeing over 787 comments

03/22/2013 11:37am
Boeing's comments about the smoldering batteries on its 787 have annoyed the National Transportation Safety Board.

Judges side with FDA in rejecting stem cell device

03/22/2013 12:44pm
A federal appeals court has sided with the Food and Drug Administration in a case brought by medical device maker Cytori, ruling that the agency was correct to reject fast-track approval for two company devices used to process adult stem cells.

FCC Chairman Genachowski to step down

03/22/2013 12:57pm
The chairman of the Federal Communications Commission, Julius Genachowski, on Friday announced that he's stepping down in the "coming weeks," after a four-year tenure that's garnered mixed reviews for him and tangible progress in the industries he oversees.

Goodyear will build a new blimp fleet

03/22/2013 1:10pm
Goodyear is building the first of a new generation of its iconic blimps.

News Summary: FCC chairman to step down

03/22/2013 1:45pm
CHANGING CHANNELS: The chairman of Federal Communications Commission, Julius Genachowski, said Friday that he's resigning in the next few weeks. The Obama appointee has held the post since 2009.

The cash register rings its last sale

03/22/2013 1:48pm
Ka-ching! The cash register may be on its final sale.

The humble beginnings of the cash register

03/22/2013 1:57pm
Imagine a store without a cash register and no other accurate ways to quickly tally up daily sales. That was the case for all retail establishments before the 1880s. Most store owners were left in the dark about whether they were making a profit or loss _ and many suffered since it was easy for sales clerks to steal from the cash drawer.

A glance at stores that are rethinking registers

03/22/2013 2:00pm
A growing number of retailers are rethinking the iconic cash register as shoppers, armed with smartphones and tablets, are demanding speedier service.

Boeing to lay off 800 in Washington

03/22/2013 3:32pm
The Boeing Co. is planning to lay off about 800 workers in the Puget Sound area of Washington by the end of the year.

Tiffany's 4Q profit beats analysts' estimates

03/22/2013 3:48pm
SPARKLING RESULTS: For the quarter ended Jan. 31, Tiffany earned $179.6 million, or $1.40 per share. Revenue rose 4 percent to $1.24 billion. Analysts polled by FactSet expected earnings of $1.36 per share on $1.25 billion in revenue

Darden 3Q profit falls but tops Street's view

03/22/2013 3:59pm
Darden Restaurants' third-quarter net income dropped 18 percent, as it dealt with soft sales at Red Lobster but the performance still beat Wall Street's expectations.

JPMorgan awards CEO Jamie Dimon $18.7M last year

03/22/2013 4:11pm
The CEO of JPMorgan Chase, Jamie Dimon, received $18.7 million in compensation last year, according to regulatory documents the country's largest bank filed Friday.

Regulators block proposed oil pipeline extension

03/22/2013 5:58pm
Federal regulators have rejected a request by Enbridge Inc. for the go-ahead to move forward with a proposed $2.5 billion oil pipeline expansion in North Dakota.

The most delicious MLM yet

03/22/2013 7:51pm
Prodigal Dad, boasting an IQ of 70, is often invited to multi-level marketing opportunity meetings to which he can't say no. It's not that he doesn't want to say no. He can't. The words will not form.
 
   
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