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Archive: (13 Stories)

Japanese gov't to pay more for Fukushima cleanup

12/20/2013 4:48am
Japan's government announced Friday that it will increase the amount of money it's providing to the operator of the crippled Fukushima nuclear plant to step up cleanup and reconstruction efforts.

EU watchdog investigates Telefonica's German buy

12/20/2013 5:50am
Europe's top antitrust regulator says it has launched an in-depth investigation of Telefonica SA's proposed 8.55 billion euro ($11.7 billion) purchase of E-Plus, the German arm of Dutch telecommunications company Royal KPN NV.

Boeing books Cathay Pacific order for 21 777Xs

12/20/2013 8:17am
Boeing has booked a big order for its planned 777X aircraft.

Altria, Philip Morris Int'l partnering on products

12/20/2013 8:41am
The makers of Marlboro cigarettes sold in the U.S. and those sold overseas are sharing their technology for electronic cigarettes and other new tobacco products.

Drugstore chain Walgreen's 1Q profit jumps 68 pct

12/20/2013 9:10am
Walgreen's fiscal first-quarter earnings soared 68 percent as investments in other companies paid off for the nation's largest drugstore chain, but a slowdown in generic drug introductions helped squeeze profitability.

Fannie Mae and Freddie Mac suspend foreclosure evictions for holidays

12/20/2013 9:43am
Mortgage giants Fannie Mae and Freddie Mac will suspend evictions of foreclosed single family and two to four unit properties from Dec. 18, 2013, through and including Jan. 3, 2014.

Deutsche Bank to pay $1.92B in settlement

12/20/2013 10:01am
Deutsche Bank will pay $1.4 billion euros ($1.92 billion) to settle a mortgage-backed securities dispute with the Federal Housing Finance Agency, on behalf of Fannie Mae and Freddie Mac.

Ariad to relaunch leukemia drug with new warnings

12/20/2013 11:54am
Ariad Pharmaceuticals has received approval to relaunch its leukemia drug Iclusig after addressing safety concerns raised by federal regulators in October.

Boeing notifies bidding sites about 777X status

12/20/2013 2:31pm
Boeing says it has begun telling states whether they're still in the running to build its new 777X.

Electrolux to expand at North American HQ in NC

12/20/2013 5:05pm
Appliance maker Electrolux announced plans Friday to create more than 800 additional jobs over the next four years in Charlotte as it expands next to its North American headquarters.

ADM subsidiary admits overseas bribery, fined

12/20/2013 5:10pm
An overseas subsidiary of agribusiness giant Archer Daniels Midland Company has agreed to pay $17.8 million in fines after pleading guilty to bribing Ukrainian officials, the U.S. Justice Department said Friday.

Ally paying $98M to resolve US auto-loan claims

12/20/2013 5:41pm
Ally Financial Inc. is paying $98 million to resolve U.S. government claims that minority borrowers were charged higher rates on its auto loans than whites with similar credit histories.

Stores open for 100 hours to attract shoppers

12/20/2013 8:19pm
Some stores are ending the holiday shopping season the same way they began it _ with round-the-clock, marathon shopping hours.