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Archive: (24 Stories)

Surveys show China manufacturing rose in October

11/01/2013 4:32am
Two measures of China's manufacturing improved in October in a possible sign of economic recovery.

Wal-Mart kicks off holiday shopping season online

11/01/2013 5:16am
Wal-Mart Stores Inc. is upping the ante on holiday shopping.

Brookfield boosts General Growth stake for $1.4B

11/01/2013 5:57am
Commercial real estate company Brookfield Property Partners LP is increasing its stake in General Growth Properties Inc. by paying $1.4 billion for some additional shares and warrants.

Ford recalls ambulances because engines can stop

11/01/2013 7:33am
Ford is recalling about 3,100 F-Series ambulances because the engines can stop unexpectedly.

JPMorgan: more authorities eyeing Hong Kong hires

11/01/2013 8:19am
JPMorgan Chase says that the Justice Department and some authorities in other jurisdictions are looking into its referral hiring practices in Hong Kong.

Office Depot, OfficeMax get FTC clearance for deal

11/01/2013 8:32am
The proposed merger of Office Depot and OfficeMax has received clearance from the Federal Trade Commission, removing a key regulatory hurdle from the process.

UK bank RBS to segregate toxic assets at big loss

11/01/2013 9:17am
The taxpayer-owned Royal Bank of Scotland said Friday it will segregate about 38 billion pounds ($62 billion) of soured investments to clean up its balance sheet in the aftermath of the financial crisis.

FDA approves new leukemia drug from Roche

11/01/2013 9:36am
The Food and Drug Administration on Friday approved a new drug from Roche to help treat patients with a type of cancer of the blood and bone marrow.

Citi discloses foreign exchange investigations

11/01/2013 9:46am
Citigroup says U.S. government agencies and other regulators are investigating the company's trading on foreign exchange markets.

Qunar shares nearly double in 1st day of trading

11/01/2013 10:23am
Shares of the Chinese travel industry search website Qunar Cayman Islands Ltd. soared on their first day of trading.

News Summary: China manufacturing rose in October

11/01/2013 10:38am
RECOVERY SIGNALS: Two measures of China's manufacturing improved in October in a possible sign of economic recovery.

Washington Post reports lower 3Q net income

11/01/2013 10:47am
NEWS: The Washington Post Co. posted lower net income in the July-September quarter, though revenue inched higher. The company closed the sale of most of its newspaper business to Amazon CEO Jeff Bezos on Oct. 1.

Nasdaq Options Market halted, closed for day

11/01/2013 12:59pm
The Nasdaq shut down trading on one of its options markets Friday, the latest technical problem to hit the exchange.

News Summary: Nissan cuts profit outlook

11/01/2013 1:25pm
NOT SO GREAT EXPECTATIONS: Nissan trimmed its earnings forecast and reshuffled its leadership lineup amid a number of quality issues and tougher-than-expected conditions in many markets.

News Summary: ECB now faces falling inflation

11/01/2013 2:11pm
MORE WORRIES: The European Central Bank has a new headache: an unexpected drop in inflation. The recent slide is another sign of how weak the economic recovery is in the 17 countries that use the euro.

News Summary: Chinese reporter seeks crowdfunding

11/01/2013 2:31pm
NEW BUSINESS MODEL: Yin Yusheng hopes to craft a new kind of journalism in China. He wants to make his readers the boss _ and that includes paying his salary.

Federal Toyota trial in Calif. delayed until March

11/01/2013 2:40pm
The trial of an elderly Georgia woman who was badly injured when she claims her Toyota Camry suddenly accelerated has been delayed until March.

News Summary: Singapore newspaper blog hacked

11/01/2013 2:50pm
HACK ATTACK: A purported member of the Internet hacking group Anonymous breached a blog linked to Singapore's leading newspaper. The hacker claimed a Straits Times journalist published a "very misleading" blog post about a threat purportedly issued by Anonymous against Singapore's government to protest contentious online licensing regulations.

Compact crossover SUV sales booming in US

11/01/2013 3:02pm
Aging baby boomers. Couples with small kids. Single people with dogs.

Container Store doubles in NYSE trading debut

11/01/2013 3:32pm
Shares of The Container Store more than doubled in their market debut on Friday.

Wal-Mart kicks off holiday shopping season online

11/01/2013 4:49pm
Wal-Mart Stores Inc. is upping the ante on holiday shopping.

Honda recalls 344,000 Odyssey minivans in US

11/01/2013 4:54pm
Honda is recalling 344,000 Odyssey minivans of the 2007-2008 model years to fix a problem that can cause the vehicle to brake suddenly.

New quality complaints about Lululemon pants

11/01/2013 6:05pm
Just a few months after Lululemon Athletica pulled yoga pants from shelves because they were too sheer, costing the company millions in sales, it's fielding new complaints about quality.

Food stamp cuts kick in as Congress debates more

11/01/2013 6:59pm
More than 47 million Americans who receive food stamps will see their benefits go down starting Friday, just as Congress has begun negotiations on further cuts to the program.