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April 17th, 2014
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Archive: News / Biz / Business & Finance (27 Stories)

EU seeks WTO action in Russia trade dispute

10/10/2013 4:51am
The European Union has asked the World Trade Organization to settle a dispute with Russia over a car import fee it considers discriminatory.

Bank of England keeps rates, stimulus on hold

10/10/2013 5:02am
Bank of England policymakers have kept their interest rates steady and declined to pump more money into Britain's economy amid signals of recovery.

Teva Pharma plans to cut about 5,000 employees

10/10/2013 7:06am
Teva Pharmaceutical Industries Ltd. plans to cut about 5,000 employees mostly by the end of next year as part of a restructuring designed to slim the drugmaker's business and make it more efficient.

Southwest jet makes emergency landing in Houston

10/10/2013 7:27am
A Southwest Airlines jet from Austin, Texas, to Fort Lauderdale, Fla., has made an emergency landing in Houston due to cabin pressure issues.

OC Register owner buys Riverside, Calif. newspaper

10/10/2013 9:17am
The publisher of the Orange County Register is buying The Press-Enterprise of Riverside.

MacroGenics shares climb following $80M IPO

10/10/2013 9:36am
Shares of MacroGenics are surging in Thursday midday trading after the biotechnology company raised $80 million in its initial public offering.

Antero Resources soars in debut on the NYSE

10/10/2013 9:42am
Shares of oil and natural gas company Antero Resources Corp. soared in its trading debut.

Anxiety as stimulus hike in food stamps set to end

10/10/2013 10:03am
A temporary increase in food stamps expires Oct. 31, meaning for millions of Americans, the benefits that help put food on the table won't stretch as far as they have for the past four years.

2 brothers paying $4.8M in insider trading case

10/10/2013 10:29am
Two Brazilian brothers agreed to pay $4.8 million to settle federal civil charges of insider trading ahead of the announcement of a plan to acquire H.J. Heinz Co. by Warren Buffett's Berkshire Hathaway and a private equity firm.

2 brothers paying $4.8M in insider trading case

10/10/2013 11:17am
Two Brazilian brothers agreed to pay $4.8 million to settle federal civil charges of insider trading ahead of the announcement of a plan to acquire H.J. Heinz Co. by Warren Buffett's Berkshire Hathaway and a private equity firm.

Del. court nixes ruling delaying Activision deal

10/10/2013 11:30am
The Delaware Supreme Court has overturned a judge's ruling that delayed the $8.2 billion sale of Vivendi's majority stake in Activision Blizzard Inc. back to the video game maker and an investor group led by CEO Bobby Kotick and co-chairman Brian Kelly.

Western Refining Logistic shares jump in debut

10/10/2013 12:09pm
Western Refining Logistics LP shares jumped in their trading debut on the New York Stock Exchange.

News Summary: Fake Argentina GDP may cost billions

10/10/2013 12:13pm
FALSE DATA: Argentina's Congress, which is controlled by President Cristina Fernandez, passed a budget that inflates economic growth numbers and puts the country on track to unnecessarily pay billions of dollars in bonus payments to bondholders, opposition lawmakers say.

Airlines dealt setback in merger-lawsuit trial

10/10/2013 1:05pm
A court-appointed official says American Airlines and US Airways shouldn't get to know the names of all the people that the government interviewed and what they said before the Justice Department sued to block the airlines' proposed merger.

News Summary: Movie tells of worker's cancer fight

10/10/2013 1:32pm
HAPPY ENDING? A movie funded by donations from thousands of people has highlighted the battle of a Samsung factory worker's family to win compensation for her death from leukemia in the face of media indifference and corporate obstruction.

More investors are saying 'hola' to foreign funds

10/10/2013 1:45pm
Willkommen, investors. Domo arigato for the cash.

Chrysler spends $1.2 billion to expand in Mexico

10/10/2013 1:51pm
Chrysler Group says it's investing more than $1.2 billion in two Mexican plants to build commercial vans and engines.

JetBlue to let customers pool loyalty points

10/10/2013 2:15pm
JetBlue will let family members and friends pool their frequent-flier points, a move aimed at attracting leisure travelers.

News Summary: IMF urges US to raise debt ceiling

10/10/2013 2:18pm
YOU'VE BEEN WARNED: The International Monetary Fund chief warned the United States on Thursday that failure to raise the debt ceiling could do deep damage to both the American and global economies.

Starbucks asks customers to sign petition

10/10/2013 2:31pm
Starbucks, known for its piping hot coffee, is throwing itself in the middle of yet another heated national debate.

Smart Spending: Get fit without blowing a bundle

10/10/2013 2:33pm
It's easy to lose weight by joining a fancy gym or exercise class _ in your wallet, at least.

Stonegate Mortgage shares rise in debut

10/10/2013 2:47pm
Shares of Stonegate Mortgage Corp. rose in their trading debut Thursday after the home lender raised nearly $114 million in its initial public offering.

New from Hershey: soft caramels

10/10/2013 2:51pm
Chew this.

Peabody reaches deal over Patriot retiree benefits

10/10/2013 3:17pm
Coal producer Peabody Energy Corp. will pay hundreds of millions of dollars to settle a drawn-out legal dispute over health care benefits for thousands of retirees who worked for bankrupt Peabody spinoff Patriot Coal Corp, the companies announced Thursday.

Platform buying chemical maker MacDermid for $1.8B

10/10/2013 4:35pm
A holding company, Platform, says it is buying MacDermid Inc. for $1.8 billion as a means to build a chemicals business.

JPMorgan sells off short-term US government debt

10/10/2013 4:45pm
Investment banking giant JPMorgan Chase said Thursday it has sold all of its exposure to short-term U.S. government debt out of its money market funds, following a similar move by other money market mutual fund managers.

SunTrust to pay more than $1B in settlements

10/10/2013 5:18pm
SunTrust Banks Inc. said Thursday that it agreed to cash payments and consumer relief totaling more than $1 billion to settle claims over its handling of government-backed mortgages.
 
   
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