Stories about Business

Feb 18 2017

Waiting too long for rate hike 'unwise', says Fed chair

The chair also said they would prefer to use the federal funds rate as a tool, rather than fluctuations in the balance sheet, since the rate is the one the Fed has the ...

Feb 18 2017

Unilever Shares Soar 11% As Kraft Heinz Pursues $139 Billion Takeover

Although Unilever has rejected the approach, Kraft Heinz says it will persist and "looks forward to working to reach an agreement on the terms of a transaction". Vetr up...

Feb 16 2017

Fresh US drilling capping crude oil price: OPEC

Crude stocks at the Cushing, Oklahoma, delivery hub for USA crude futures fell by 702,000 barrels and US crude imports by 1.34 million barrels per day, the EIA said. "A f...

Feb 16 2017

Pentagon Chief Says NATO Members Must Boost Defense Spending

During the past two years, the USA has intensified operations in Europe, rotating more soldiers into the Baltics as part of an effort to deter Russian aggression and send...

Feb 16 2017

WPI inflation shot up to 5.25% in Jan

These upward pressures were partially offset by prices for clothing and footwear, which fell by more than they did a year ago, the ONS added. Expectations remain that i...

Feb 16 2017

Verizon and Yahoo! Reportedly Nearing an Agreement on Price Cut for Deal

More than 500 million accounts were affected. The country's largest wireless carrier announced a year ago it planned to acquire Yahoo's core business for $4.83 billion...

Feb 15 2017

Senators grill Janet Yellen on Republican plans to neuter Dodd-Frank Act

The Fed chair gave an upbeat assessment of the United States economy and signaled the central bank could raise short-term interest rates at its next policy meeting in M...

Feb 15 2017

Burger King Shines As Restaurant Brands Int'l Earnings Beat The Street

Restaurant Brands International has a 52 week low of $30.69 and a 52 week high of $54.30. The Company operates through two segments: TH, which includes all operations of...

Feb 15 2017

Credit Suisse Net Loss Narrows

For the fourth quarter, Credit Suisse more than halved its loss to 2.35 billion Swiss francs from a loss of 5.83 billion francs previous year. Credit Suisse , a Swis...

Feb 15 2017

Jumping bank stocks push United States indexes higher; bond yields rise

US stocks traded near intraday highs on Tuesday after Federal Reserve Chairwoman Janet Yellen concluded her testimony before the Senate Banking Committee, signaling the c...

Feb 14 2017

Melissa McCarthy Returns to SNL as Sean "Spicey" Spicer

McCarthy opened the night's briefing by assuring the press corps that it needn't worry: This was going to be the " New Spicy ". "This is the new Spicey". "Uh oh. We are...

Feb 13 2017

Donald Trump's Home Line Dropped From Sears & Kmart For Poor Sales

President Trump was very vocal about Nordstrom's decision to stop selling Ivanka Trump's fashion brand , even taking to Twitter to express his dissatisfaction by cal...

Feb 12 2017

NY graduation rate up slightly in 2016

The 70 high schools represent 60 percent of the 116 high schools in West Virginia. In New York City, the proportion of English language learners who started high school...

Feb 10 2017

Nokia to acquire Comptel in software push

Holders of 48.3 percent of Comptel's shares have already endorsed the offer, and Comptel's board recommends the bid. "Comptel helps us do that". "The board of directors...

Feb 10 2017

Boeing wins $13.8B Singapore Air order

Singapore Airlines has options to buy six additional planes of both the Boeing models, potentially taking the total order to 51 aircraft, the company said. StrategicAero ...

Feb 08 2017

General Motors Company Beats Earnings Estimates, Shares Rise

Macquarie Initiates Coverage On the company's stock to Neutral on 12/01/16 by setting a price target of $13. TheStreet cut shares of Ford Motor Company from a "b-" rati...

Feb 08 2017

Planned Parenthood Caught Implementing Abortion Quotas, Using Pizza Parties to Motivate Employees

Nationally, more than one-third of low-income women who receive publicly supported contraceptives receive care at Planned Parenthood . "I live streamed my experience g...

Feb 08 2017

USG Corporation (NYSE:USG), Twenty-First Century Fox, Inc. (NASDAQ:FOXA)

Boasting a price of $31.06, 21st Century Fox (NASDAQ: FOXA ) traded -1.08% lower on the day. The company has a consensus rating of "Buy" and a consensus target price of $...

Feb 07 2017

Netanyahu: Israel will respond to even a 'drip-drip' of rocket fire

Missiles and rockets are occasionally fired at Israel but are often attributed to other Islamist groups inside impoverished Gaza. Israel on Monday struck with artillery...

Feb 07 2017

French far-right candidate Le Pen's plan: "Made in France"

The run-up to the French election sees right-wing eurosceptic Marine Le Pen in a stronger position than many thought possible, and the Euro is in retreat as peripheral an...