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Archive: (17 Stories)

Central banks to wind down dollar lending

01/24/2014 3:32am
The European Central Bank said Friday that it and three other major central banks will wind down their dollar-lending operations amid improving market conditions.

Backers: Report on rail risks boosts Keystone XL

01/24/2014 4:45am
A government warning about the dangers of increased use of trains to transport crude oil is giving a boost to supporters of the long-delayed Keystone XL pipeline.

Nestle to build 2 new factories in Mexico

01/24/2014 4:56am
Swiss-based food and drinks company Nestle SA says it will build two new factories in Mexico and invest $1 billion in the country over five years.

Greece, creditors still in tough negotiations

01/24/2014 6:01am
Greece's finance minister said Friday that the country was still in talks with international creditors over the course of its economic reforms, but insisted there was no cause for concern and that the government was not being pressed to impose more austerity.

Procter & Gamble 2Q profit falls, tops estimates

01/24/2014 8:05am
Procter & Gamble's second-quarter net income fell 16 percent as the world's largest consumer products maker faced a tough comparison with year ago results, the stronger dollar and nearly flat sales globally.

Union membership held steady last year

01/24/2014 9:09am
The nation's union membership rate held steady last year. There were gains among private sector workers' unions but they were largely offset by losses in state and local government.

Rice Energy climbs slightly in NYSE debut

01/24/2014 9:28am
Shares of Rice Energy are up slightly in their first day of trading while the broader markets decline.'s shares jump in market debut

01/24/2014 9:48am Inc. shares are soaring in their market debut Friday.

PepsiCo rebrands 'Natural' products with 'Simply'

01/24/2014 10:32am
PepsiCo has quietly gotten rid of the word "Natural" in some of its products and instead is going with "Simply."

Starbucks hit by migration to online shopping

01/24/2014 11:00am
For marathon shoppers, stopping in at Starbucks is often a quick way to refuel. So where does that leave the cafes as more people decide to shop online from their couches?

Smart Spending: Electronics a good buy in winter

01/24/2014 12:07pm
The winter doldrums strike in January and February, but there is one silver lining: it's a great time to buy electronics. As stores clear out older merchandise and new models get introduced, good deals abound. Here's a look at what to buy and what to hold off on in January and February.

JPMorgan boosts CEO Dimon's pay to $20 million

01/24/2014 12:41pm
JPMorgan Chase almost doubled Chairman and CEO Jamie Dimon's pay for 2013, rewarding the executive for settling probes against the bank.

Starbucks: Croissant sales doubled after makeover

01/24/2014 12:51pm
Starbucks was never exactly known for its croissants _ or any of the baked goods, for that matter.

Getting carbon out of your portfolio is tricky

01/24/2014 2:05pm
If you are like millions of Americans and own a broad stock index fund, you own parts of Exxon Mobil, Peabody Energy and other companies that earn money selling oil, coal and other fossil fuels.

KPMG paying $8.2M to settle SEC charges

01/24/2014 2:31pm
The big accounting firm KPMG has agreed to pay $8.2 million to settle federal regulators' charges of compromising its independence by providing non-audit services to companies whose books it audited.

Natural gas soars as cold grips homes, drillers

01/24/2014 4:18pm
The frigid winter of 2014 is setting the price of natural gas on fire.

Viacom's Redstone sees pay rise 77 pct to $36.2M

01/24/2014 5:38pm
Viacom Inc.'s nonagenarian founder Sumner Redstone saw his pay jump 77 percent to $36.2 million last year, reflecting a surge in the value of a preferential investment called stock option equivalents.