Dorothy Lakner, Managing Director & Analyst at Topeka Capital Markets, attributes the jump in Tiffany's earnings to product innovation and strength in the U.S. jewelry sector.» Read More
BP said its largest U.S. refinery, at Whiting, Indiana, continued to operate on Thursday morning following a blaze the night before.
THANON NANG KLARN, Thailand— In a story Aug. 25 about insects being raised for food around the world, The Associated Press reported erroneously that the first cricket farm in the United States will open this year in Youngstown, Pennsylvania.
WASHINGTON— After a grim start to the year, the economy roared back to life in the spring, supporting expectations that the second half of 2014 will turn out far better than the first half. On Thursday, the government will revise its estimate of just how fast the economy grew in the April-June quarter.
SYDNEY, Aug 28- The state of Western Australia on Thursday said it planned to sell government-owned assets, including part of the Port Hedland shipping terminal, for an estimated A $1 billion to A $2 billion as its resource-heavy economy adjusts to the collapse of a decade-long mining boom.
Aug 28- An explosion shook BP Plc's Whiting, Indiana refinery, its largest in the United States, on Wednesday night but a resulting fire had been contained as of 9:30 pm local time, according to a report by WFLD-TV.
*Fire hits BP's largest U.S. refinery. *Hope fades for Ukraine- Russia ceasefire deal. SINGAPORE, Aug 28- Brent futures dipped on Thursday, but still held between $102 and $103 a barrel, as ample supply and a refinery fire in the United States that could reduce crude demand weighed on prices.
NEW YORK, Aug 28- Bitcoin is catching on at U.S. online merchants including Overstock.com and Expedia, as customers use a digital currency that just a few years ago was virtually unknown but is now showing some staying power.
BEIJING/ SEOUL, Aug 28- A China- based supplier for Samsung Electronics Co Ltd and Lenovo Group Ltd said on Thursday it had never hired child laborers, denying allegations by a U.S.-based activist group.
Seventy-one percent of Americans say they think the recession exerted a permanent drag on the economy, according to a survey being released Thursday by Rutgers University. By contrast, in November 2009, five months after the recession officially ended, the Rutgers researchers found that only 49 percent thought the downturn would have lasting damage.
WHITING, Ind.— A fire broke out after an explosion at a BP refinery in Whiting, Indiana, which rattled nearby homes.
TEWKSBURY, Mass.— A New England supermarket chain that has been in turmoil for weeks over a workers' revolt and customer boycott has announced that the former CEO will buy a majority stake in the business. In a statement issued late Wednesday, Market Basket said popular CEO Arthur T. Demoulas would be returning and taking over day-to-day operations.
JPMorgan Chase& Co was the victim of a recent cyber attack, according to two people familiar with the incident who asked not to be identified because they were not authorized to speak publicly about the matter. They declined to elaborate on the severity of the incident, saying JPMorgan was still conducting an investigation to determine what happened.
SACRAMENTO, Calif.— Drivers providing services for ride-sharing companies such as Lyft and Uber would have to carry a minimum level of insurance under a compromise the state Senate approved Wednesday. Holly Mitchell, D- Los Angeles, who carried the bill in the Senate. The Senate approved the bill on a 30-4 vote, sending it to the Assembly.
SACRAMENTO, Calif.— Amid a third year of drought, state lawmakers began pushing legislation Wednesday that would begin to regulate groundwater for the first time in California history.
SINGAPORE, Aug 28- Gold rose for the third straight day on Thursday as the euro regained strength against the U.S. dollar and tensions between Ukraine and Russia burnished the metal's safe haven appeal. *Gold added $1.46 an ounce to $1,283.91 by 0026 GMT, moving away from a two-month low of $1,273.06 hit on Aug. 21.
BEIJING, Aug 28- Microsoft Corp Chief Executive Officer Satya Nadella is set to visit China in late September, a source familiar with the matter said on Thursday, as the Chinese government conducts an antitrust investigation into the world's largest software company.
DETROIT, Aug 27- General Motors Co and the United Auto Workers on Wednesday trumpeted the news that production of the Cadillac SRX would be shifted from Mexico to Tennessee, but Reuters has learned that GM also plans to move some other assembly work in the opposite direction.
LUGANO, Switzerland- Swiss National Bank Vice President Jean-Pierre Danthine speaks at the UBS Session: The Role of Finance in Society- 1130 GMT. LJUBLJANA- Bled Strategic Forum 2014 in Slovenia.
NEW YORK— Diane Sawyer signed off as anchor of ABC's " World News" on Wednesday, telling viewers that it has been wonderful to be the "home port" of the network's news team each weeknight. The 68- year-old Sawyer, one of television news' best-known personalities, has anchored ABC's flagship newscast since December 2009.
BOSTON— An American Indian tribe proposing a casino on Martha's Vineyard argued in federal court filings on Wednesday that it never waived its sovereign immunity when it reached a deal with the state for its ancestral lands despite what Gov.