North America


  • KFC owner says China scandal hurting sales Wednesday, 30 Jul 2014 | 11:07 PM ET

    BEIJING— The owner of the KFC and Pizza Hut restaurant chains said Thursday a food safety scandal in China has hurt sales and might be severe enough to cut into the company's global profit.

  • Journal Communications, Scripps Co. announce deal Wednesday, 30 Jul 2014 | 10:51 PM ET

    MILWAUKEE— Journal Communications Inc. of Milwaukee and E.W. Scripps Co. of Cincinnati have announced an agreement to merge broadcasting operations while spinning off newspaper holdings into a separate public company. As part of the deal announced by the companies Wednesday, the newspaper component, Journal Media Group, will be headquartered in Milwaukee.

  • Senate to consider bill to keep Export-Import Bank open Wednesday, 30 Jul 2014 | 9:31 PM ET

    The 80- year-old bank will be forced to close unless Congress acts to renew its charter by Sept. 30, but critics led by Texas congressman Jeb Hensarling have decried it as corporate welfare.

  • 1 dead, 1 injured in Long Island skydive accident Wednesday, 30 Jul 2014 | 8:56 PM ET

    RIVERHEAD, N.Y.— A skydiving accident on Long Island has killed one man and seriously injured another. Riverhead police say it happened Wednesday afternoon at Calverton's Skydive Long Island company, which says it offers the highest jumps on Long Island at 13,500 feet.

  • *Settlement talks in New York end without agreement. *Pollack says Argentina default' imminent'. BUENOS AIRES/ NEW YORK, July 30- Argentina faces its second default in more than 12 years after talks with holdout creditors failed on Wednesday.

  • TOKYO, July 31- U.S. crude oil futures fell under $100 in early Thursday trade, putting the contract on course for its steepest monthly slide in nine months, as concerns over weak demand rose while fears over supply shortages in the Middle East and North Africa waned.

  • DIARY - Top economic Events to Aug 13 Wednesday, 30 Jul 2014 | 8:00 PM ET

    KOBE, Japan- Bank of Japan board member Takahide Kiuchi speaks to business leaders in Kobe. ROME- French Finance minister Michel Sapin visits Rome. TOKYO- Bank of Japan Governor Haruhiko Kuroda speaks at seminar hosted by Naigai-Josei Chosa-kai in Tokyo- 0330 GMT.

  • SAN FRANCISCO, July 30- HealthTap Chief Executive Officer Ron Gutman believes paying the doctor a visit is expensive and time-consuming. On Wednesday, the Palo Alto- based startup, which is backed by investor Vinod Khosla, introduced a virtual-consult service called HealthTap Prime.

  • WASHINGTON, July 30- Under Democratic President Barack Obama, the U.S. NLRB General Counsel Richard Griffin announced on Tuesday that McDonald's, not just its franchisees, can be liable for alleged labor law violations.

  • Tesoro Corp. 2Q profit falls 1.3 percent Wednesday, 30 Jul 2014 | 7:19 PM ET

    SAN ANTONIO— Tesoro Corp. on Wednesday reported profit that declined by 1.3 percent in its second quarter, and missed analysts' expectations. The San Antonio- based company said earnings fell to $224 million, or $1.70 per share, from $227 million, or $1.64 per share, in the same quarter a year ago.

  • July 30- Two airline trade groups asked a U.S. appeals court on Wednesday to review fee increases on airplane tickets imposed by the Transportation Security Administration, saying the agency is "improperly" raising taxes on travelers and hurting carriers.

  • *Pollack says Argentina default' imminent'. BUENOS AIRES/ NEW YORK, July 30- Argentina failed to strike a deal to avert its second default in more than 12 years after talks with holdout creditors ended without a settlement on Wednesday.

  • NEW YORK, July 30- Chemicals firm LyondellBasell, owned by Ukraine- born billionaire Leonard Blavatnik, appears to be the mystery American buyer of two cargoes of Kurdish crude delivered in May, according to U.S. government data and industry sources.

  • J&J withdraws fibroid treatment device from market Wednesday, 30 Jul 2014 | 6:55 PM ET

    WASHINGTON— Johnson& Johnson is asking surgeons not to use a line of devices for removing growths from the uterus amid regulators' growing concern that the electronic surgical tools raise the risk of spreading cancer to other parts of the body. The company cited an FDA meeting earlier this month that reinforced "the complexity of this issue."

  • Economy minister asserts Argentina not in default Wednesday, 30 Jul 2014 | 6:55 PM ET

    July 30- Argentina Economy Minister Axel Kicillof on Wednesday said the country has not defaulted on its debt, reiterating that it has sent its required payments to the trustee banks.

  • UPDATE 1-AMC Networks wants stake in BBC America - source Wednesday, 30 Jul 2014 | 6:48 PM ET

    Bloomberg reported that AMC will take a stake of about 50 percent in BBC America. BBC Worldwide, the commercial arm of Britain's public broadcaster, is interested in a partnership to use AMC's advertising sales and distribution network, said Bloomberg, citing people with knowledge of the matter.

  • In a note on the nonprofit's website, Tor Project leader Roger Dingledine said the service had identified computers on its network that had been quietly altering Tor traffic for five months in an attempt to unmask users connecting to what are known as "hidden services."


  • UPDATE 1-Cloud services power OpenText's revenue beat Wednesday, 30 Jul 2014 | 6:34 PM ET

    July 30- Canadian business software maker Open Text Corp reported a better-than-expected 42 percent jump in quarterly revenue, largely driven by higher demand for its cloud services. Open Text, which makes software that helps companies manage documents and workflow, bought privately held cloud services provider GXS Group Inc for $1.17 billion in November.

  • Argentina, holdout creditors still without deal-minister Wednesday, 30 Jul 2014 | 6:30 PM ET

    The holdouts, a group of hedge funds that bought the bonds at a steep discount following Argentina's default on $100 billion of debt in 2002, also refused to ask a U.S. court to stay an order the blocks Argentina from paying its other creditors, Kicillof said at a press conference at Argentina's consulate in New York.