Kelvin Tay, MD & Regional CIO for Southern APAC at UBS Wealth Management, expects U.S. firms to report 8 percent growth for 2014, but warns of risks from the recent winter freeze.» Read More
NEW YORK, April 21- A U.S. appeals court is set hear a case whose outcome could make it harder for the government to prosecute insider trading and potentially jeopardize several high-profile guilty verdicts, including that of SAC Capital Advisors portfolio manager Michael Steinberg.
WASHINGTON— Few Americans question that smoking causes cancer. But they express bigger doubts as concepts that scientists consider to be truths get further from our own experiences and the present time, an Associated Press-GfK poll found.
HONOLULU— Officials say a 16- year-old boy is "lucky to be alive" and unharmed after flying from California to Hawaii stowed away in a plane's wheel well, surviving cold temperatures at 38,000 feet and a lack of oxygen. "Doesn't even remember the flight," FBI spokesman Tom Simon in Honolulu told The Associated Press on Sunday night.
WASHINGTON— The U.S. Supreme Court is hearing arguments Monday in Argentina's decade-long battle with holders of its defaulted bonds.
NEW YORK— Rising costs for materials and labor appear to be pressuring businesses, according to a quarterly survey from the National Association of Business Economics. During the first quarter of the year, 31 percent of businesses surveyed reported higher material costs, more than double the 15 percent that saw costs rise in the previous survey.
CHICAGO— Despite recommended limits on codeine use in children, the potent painkiller is prescribed for children in at least half a million emergency room visits each year, a study suggests.
*Deadly gun attack in eastern Ukraine shakes fragile Geneva accord. SINGAPORE, April 21- Brent futures dropped towards $109 a barrel on Monday as investors took profits after steep gains, but uncertainty surrounding the crisis in Ukraine kept limited the decline.
SINGAPORE, April 21- U.S. crude futures hovered above $104 a barrel early on Monday, supported by continuing geopolitical risks in Ukraine despite an accord aimed at averting a wider conflict, as investors return from a three-day Easter weekend. *U.S. crude for May delivery was nearly flat at $104.24 a barrel by 0022 GMT versus Thursday's close of $104.30.
NEW YORK— Kraft Foods is recalling 96,000 pounds of its Oscar Mayer wieners because they may mistakenly contain cheese. The U.S. Department of Agriculture's Food Safety and Inspection Service said Sunday that Kraft's "Oscar Mayer Classic Wieners" may instead contain the company's "Classic Cheese Dogs."
Michael Gayed, Chief Investment Strategist at Pension Partners, says markets will be looking at the revenue potential of U.S. firms, instead of earnings growth.
He's also Nancy Childress' childhood neighbor and the model for the drawing by her father, Robert Childress, that along with Jane, Sally, Spot and others brought the pages of the reader to life. Nancy Childress is selling her father's artwork at auction in New Hampshire at the end of April.
"There is a reasonable basis for the Board to have a high level of confidence in the professional and ethical conduct of Port Authority personnel, and that the Port Authority is conducting its business in a manner that ensures public confidence."
"All of the families just want the truth to be fully disclosed and uncovered," said Scott Maurer, whose daughter Lorin was among 50 people killed when Continental Flight 3407 from Newark, N.J., stalled and crashed into a house 5 miles from Buffalo Niagara International Airport in 2009..
BRASILIA, April 20- Brazils President Dilma Rousseff must assume her share of responsibility for the controversial purchase of a refinery in Texas by Petroleo Brasileiro SA, the former chief executive of the state-run oil company said in an interview published on Sunday.
NEW YORK— General Mills is scrapping a controversial plan to strip consumers of their right to sue the food company. The next day, General Mills clarified the meaning of its new terms to say they did not apply when people engaged with its brands on Facebook and Twitter.
NEW YORK— "Just Do It" has been a familiar Nike slogan for years, but some parents are wondering what it was doing on some of New York's Common Core standardized English tests.
LITTLE ROCK, Ark.— Two months after Arkansas agricultural officials gathered at the Governor's Mansion to announce efforts to revitalize the "Arkansas Grown" program, nearly 150 farmers and buyers have added their names to a list of willing project participants.
Some construction workers and union members in Pennsylvania, Ohio and West Virginia say they're benefiting in a big way from the shale boom
WASHINGTON— Biofuels made from the leftovers of harvested corn plants are worse than gasoline for global warming in the short term, a study shows, challenging the Obama administration's conclusions that they are a much cleaner oil alternative and will help fight climate change.
Two anonymous Twitter accounts used to release conversations implicating family of Turkey's prime minister in a corruption scandal appeared to have been blocked.