United States


  • Lear easily beats Wall St earnings expectations Friday, 25 Jul 2014 | 7:31 AM ET

    DETROIT, July 25- Lear Corp, maker of auto seats and electrical power systems, on Friday beat Wall Street's earnings expectations for the second quarter and increased its full-year outlook. Net income rose to $148.5 million, or $1.81 per share, from $137.3 million, or $1.60 per share, a year earlier.

  • The search for high yields and duration gained traction following the Brazilian government's $3.5 billion bond offering on Wednesday, with investors growing confident that interest rates in the United States will stand pat for a few more months, said Max Volkov, Bank of America Merrill Lynch's head of Latin America debt capital markets.

  • Russian execs fear lasting damage from plane crash Friday, 25 Jul 2014 | 6:36 AM ET

    MOSCOW— Having for months dismissed Western sanctions on Russia as toothless, business leaders here are now afraid that the crash of the Malaysian jetliner will bring about an international isolation that will cause serious and lasting economic damage.

  • Ahead of the Bell: US durable goods Friday, 25 Jul 2014 | 6:22 AM ET

    WASHINGTON— The Commerce Department reports on business orders for durable goods in June. The report will be released at 8:30 a.m. EST Friday. ORDERS REBOUND: The forecast is that durable goods orders rose 0.6 percent in June, according to a survey of economists by data firm FactSet.

  • HONG KONG, July 25- McDonald's Corp has suspended sales of chicken nuggets and other items in Hong Kong after it said it imported products from Shanghai Husi Food, the U.S.-owned Chinese company at the centre of a food safety scare in China.

  • *Economically hit Hamas wants Gaza blockade lifted. Secretary of State John Kerry pressed regional proxies to nail down a Gaza ceasefire on Friday as the civilian death toll soared, threatening to spread Israeli-Palestinian bloodshed to the occupied West Bank and Jerusalem.

  • China pork giant WH Group makes 2nd IPO attempt Friday, 25 Jul 2014 | 4:32 AM ET

    HONG KONG— Chinese pork giant WH Group is taking a second run at going public with a scaled-back share offering after abandoning its first IPO attempt because of sagging investor demand. WH Group originally planned to raise more than double that amount earlier this year but investors were turned off at a time when financial markets were turbulent.

  • LONDON, July 25- Oil held steady around $107 a barrel on Friday, as plentiful supply countered any premium to the price caused by concern over conflict in the Middle East and Ukraine. Conflicts in Ukraine, Gaza and Iraq continued, but failed to push prices higher as global supplies remained ample.

  • Historic Civil War battle sites have a mobile app Friday, 25 Jul 2014 | 4:11 AM ET

    ATLANTA— This week marks the 150th anniversary of the Battle of Atlanta, one of the key conflicts of the Civil War, and researchers at Emory University's Center for Digital Scholarship have released a mobile app for the tour.

  • Air travel a leap of faith for passengers Friday, 25 Jul 2014 | 3:33 AM ET

    But we also shouldn't worry too much, "says Phil Derner, founder of the aviation enthusiast website NYC Aviation. Then you would say there's a systemic problem here, but each event is unique, "said Jon Beatty, president and CEO of the Flight Safety Foundation, an airline industry-supported nonprofit in Alexandria, Virginia, that promotes global aviation safety.

  • *Libya oil production rises to 500,000 barrels per day. SINGAPORE, July 25- Brent crude held steady above $107 a barrel on Friday, on track to end the week flat as plentiful supplies held down any run-up in prices from geopolitical tensions in oil producing regions.

  • Family feud sparks revolt at grocery store chain Friday, 25 Jul 2014 | 1:55 AM ET

    WEST BRIDGEWATER, Mass.— It's been called a David vs. They are demanding the reinstatement of beloved former CEO Arthur T. Demoulas, who workers credit with keeping prices low, treating employees well and guiding the company's success.

  • McNuggets pulled from sale in HK after meat scare Friday, 25 Jul 2014 | 1:14 AM ET

    HONG KONG— McDonald's restaurants in Hong Kong have taken chicken nuggets and chicken filet burgers off the menu after a U.S.-owned supplier in mainland China was accused of selling expired meat. The fast food chain said late Thursday that it "suspended relevant food ingredients" at Hong Kong outlets in light of the scandal surrounding Shanghai Husi Food Co..

  • Fast food workers prepare to escalate wage demands Friday, 25 Jul 2014 | 1:11 AM ET

    CHICAGO— Fast food workers say they're prepared to escalate their campaign for higher wages and union representation, starting with a national convention in suburban Chicago where more than 1,000 workers are expected to discuss the future of the effort that has spread to dozens of cities in less than two years.

  • FOX LAKE, Ill., July 25- The news about deadly crashes linked to a faulty ignition switch, followed by wave upon wave of recalls, did not bode well for General Motors dealers earlier this year. It conjured visions of worried, frustrated drivers pouring onto lots like Raymond Chevrolet, outside of Chicago.

  • July 25- U.S. companies are reporting sluggish financial results in Latin America, showing the risks they face in relying on Brazil and other emerging markets in the region for growth. Several companies reported tepid performance in Brazil, the biggest economy in Latin America, where some economists fear the country is on the verge of a recession.

  • *Libya oil production rises to 500,000 barrels per day. SINGAPORE, July 25- Brent crude held steady above $107 a barrel on Friday, on track to end the week flat as tensions in oil producing regions supported prices against weak demand and plentiful supplies.

  • Navy secretary: Cost for newest ship will decline Friday, 25 Jul 2014 | 12:15 AM ET

    ABOARD USS INDEPENDENCE— Operating costs for the U.S. Navy's newest ships will decline and "become more normal" over time, Navy Secretary Ray Mabus said Thursday.

  • SHANGHAI, July 25- Shanghai Husi Food, the U.S.-owned Chinese food supplier at the center of a meat safety scandal, won a court case earlier this year against a former quality control officer whose claims included that he was made to forge meat production dates. He said Shanghai Husi, which is owned by privately-held Illinois- based OSI Group, ignored his pleas.

  • Navy secretary says combat ship costs will decline Thursday, 24 Jul 2014 | 10:26 PM ET

    ABOARD USS INDEPENDENCE— Operating costs for the U.S. Navy's newest ships will decline and "become more normal" over time, Navy Secretary Ray Mabus said Thursday.