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Archive: (21 Stories)

Spain's Zara profits barely grow despite expansion

12/11/2013 2:17am
Spanish fashion retailer Inditex, which owns Zara stores, says its profits barely rose in the first nine months of the year despite a solid sales increase and a further expansion worldwide.

Sebelius asks for investigation of flawed website

12/11/2013 5:35am
Recognizing that deeper problems may lurk behind the botched rollout of the health care website, President Barack Obama's top health official Wednesday called for an investigation into management and contracting decisions.

Pay gains for young women; inequality still seen

12/11/2013 5:38am
About 75 percent of young women believe the U.S. needs to do more to bring about equality in the workplace, a new study finds, despite a narrowing pay gap and steady employment gains for women at higher levels of business and government.

Bipartisan budget deal sets off some grumbling

12/11/2013 6:47am
Backers of a narrowly drawn budget deal are selling it as a way to stabilize Congress' shaky fiscal practices and mute some of the partisan rancor that has helped send lawmakers' public approval ratings plummeting. But the bipartisan pact doesn't solve long-term tax and spending issues, leaving liberals and conservatives alike grumbling.

How Volcker Rule would limit banks' risky bets

12/11/2013 7:25am
U.S. regulators have approved a rule that seeks to defuse the kind of risk-taking on Wall Street that helped trigger the 2008 financial crisis.

Ukraine police stand down after protest grows

12/11/2013 8:25am
The withdrawal of riot police from two areas in the Ukrainian capital is raising opposition hopes that three weeks of escalating protests have begun to erode police support for President Viktor Yanukovych and his government.

Delta CEO: Fliers will pay for higher security fee

12/11/2013 8:32am
The CEO of Delta Air Lines says a bigger security fee being considered in Congress will be paid by travelers, not by the airlines themselves.

Autohome ADRs surge in trading debut

12/11/2013 8:58am
Shares of Chinese automotive information provider Autohome are surging in their trading debut.

Restructuring improves Polish airline's finances

12/11/2013 9:04am
Poland's debt-ridden LOT airline said Wednesday it has improved its finances through cost cuts and a reorganization of its business.

News Summary: Detroit pipe thefts drain away water

12/11/2013 9:15am
WATER WOES: More than 30,000 buildings stand vacant in neighborhoods hollowed out by Detroit's long population decline, vulnerable to metal scavengers who rip out pipes, leaving the water to flow.

Valero Energy Partners climbs in 1st day on NYSE

12/11/2013 9:18am
Valero Energy Partners is rising in its first day as a publicly traded company.

How the AP-GfK poll was conducted

12/11/2013 11:43am
The Associated Press-GfK poll on the use of electronics on planes was conducted by GfK Public Affairs and Corporate Communications Dec. 5-9. It is based on online interviews of 1,367 adults who are members of GfK's nationally representative KnowledgePanel.

AP-GfK poll: strong opposition to in-flight calls

12/11/2013 11:45am
As federal regulators consider removing a decades-old prohibition on making phone calls on planes, a majority of Americans who fly oppose such a change, a new Associated Press-GfK poll finds.

Bankruptcy judge confirms ResCap liquidation plan

12/11/2013 11:47am
A U.S. bankruptcy court judge has confirmed Residential Capital's plan to exit Chapter 11 bankruptcy.

RBS paying $100M to settle US, NY sanction claims

12/11/2013 1:37pm
Royal Bank of Scotland has agreed to pay $100 million to settle claims by U.S. and New York state regulators that it violated U.S. sanctions against Iran and other countries.

Higher security fee set to boost travel costs

12/11/2013 2:32pm
The cost of flying is headed higher now that Congress has agreed on a budget deal.

IKEA recalls lamp following death of child

12/11/2013 2:46pm
IKEA is recalling millions of children's lamps following the death of a child who choked on the lamp's cord. Another child was injured.

Traditional office holiday parties getting ditched

12/11/2013 3:11pm
Buddy DiFonzo isn't sure what he'll buy at his company's holiday party. That's right, what he'll buy _ the celebration, a company-sponsored shopping spree, will be at an upscale Dallas mall.

Air Canada places $6.5 billion Boeing order

12/11/2013 3:42pm
Air Canada plans to spend up to $6.5 billion to buy 61 narrow-body aircraft from Boeing as it moves to update its fleet over the next decade.

Fortis to buy UNS Energy for $2.5 billion

12/11/2013 3:59pm
Fortis Inc., a Canadian utility company, said Wednesday that it plans to buy power provider UNS Energy Corp. for $2.5 billion, expanding its business into Arizona.

Facebook to join S&P 500, Abercrombie exiting

12/11/2013 4:25pm
Facebook will join the Standard & Poor's 500 stock index, replacing technology supplier Teradyne Inc., while Abercrombie & Fitch is downgraded from the benchmark index.