GO
Loading...

Enter multiple symbols separated by commas

North America

More

  • Washington farmers are dumping unprofitable apples Friday, 29 May 2015 | 2:11 AM ET

    SPOKANE, Wash.— A record crop of apples, coupled with the West Coast port slowdown earlier this year, is taking a toll on Washington apple growers. Nearly $100 million worth of apples that cannot be sold have been dumped into fields across central Washington, the nation's most productive apple region. "If we wouldn't have had the port slowdown, we wouldn't have needed...

  • ATLANTIC CITY, N.J.— When Jim Thigpen first met with an investor in early 2012 to discuss selling control of the Tennessee financial firm he had run for more than 20 years, he said W. Wesley Drummon boasted of a business plan that involved $2 billion from the Bank of China. But as Drummon negotiated with Thigpen to purchase the Tennessee Business and Industrial...

  • CHICAGO— An indictment against former U.S. House Speaker Dennis Hastert accuses the Illinois Republican of agreeing to pay $3.5 million in hush money to keep someone from the town where he taught high school silent about "prior misconduct." Legal experts say the fact that prosecutors noted Hastert's tenure in Yorkville, the suburban Chicago town where he...

  • NEW YORK, May 29- The accused mastermind behind the underground website Silk Road will be sentenced on Friday for orchestrating a scheme that enabled more than $200 million of anonymous online drug sales using the digital currency bitcoin. District Judge Katherine Forrest must impose on Ulbricht, who admitted to creating Silk Road but denied wrongdoing.

  • *Small-cap benchmark Russell 2000 to add, delete components. *$5 trillion benchmarked to Russell indexes. NEW YORK, May 29- Investors trying to capitalize on the annual tweaks to the makeup of Russell stock indexes may produce a rush of transactions worth over $40 billion in the final moments of trading on Friday, June 26, when those changes are formalized.

  • *First-quarter GDP seen revised down to show contraction. GDP forecast shrinking at a 0.8 percent annual rate. WASHINGTON, May 29- The U.S. economy likely contracted in the first quarter as it buckled under the weight of unusually heavy snowfalls and a resurgent dollar, but activity since has rebounded modestly.

  • WASHINGTON— A brutal winter, plunging investment by energy companies and a widening trade gap likely combined to shrink the U.S. economy at the start of the year. But the slump is expected to prove short-lived. So is a labor dispute that slowed trade at West Coast ports.

  • 2 to plead guilty in Los Angeles fashion district raids Thursday, 28 May 2015 | 9:52 PM ET

    LOS ANGELES— A father and son have agreed to plead guilty to crimes stemming from an investigation into suspected money laundering for Mexican drug cartels in the Los Angeles fashion district. Xilin Chen and his son, Tom Chen, signed plea agreements in federal court in Los Angeles this week, and a judge is expected to accept the agreements at a hearing Friday.

  • SINGAPORE, May 29- U.S. crude oil prices edged up on Friday after American inventories fell for a fourth straight week and Canadian wildfires knocked out 10 percent of its oil sands output. *Front-month U.S. crude futures were up 43 cents from their last settlement at $58.11 per barrel by 0020 GMT on Friday. *The U.S. Energy Information Administration said crude oil...

  • NEW YORK, May 28- Visa Inc's public warning to FIFA that it may end its sponsorship if world soccer's governing body does not quickly clean up its act will likely prompt other sponsors to take a tough stance as a major corruption scandal involving FIFA unfolds, brand experts said. After U.S. prosecutors indicted nine FIFA officials and five sports media and...

  • SAN FRANCISCO, May 28- Stockton, California, urged an appellate court on Thursday to back the city's exit from municipal bankruptcy after a holdout creditor appealed its plan. Stockton said in a brief on Thursday that the creditor, two funds managed by Franklin Templeton Investments, was trying to relitigate its case using the same flawed legal arguments that a...

  • DIARY- Top Economic Events to June 11 Thursday, 28 May 2015 | 8:01 PM ET

    SOFIA- European Central Bank board member Yves Mersch speaks at the Bulgarian Authorities 2015 IMF/World Bank Constituency Meetings- 1100 GMT. BARCELONA, Spain- European Central Bank board member Vitor Constancio speaks at the XXXI Reunion Circulo de Economia- 0730 GMT. HARTFORD, United States- Federal Reserve Bank of Boston President Eric Rosengren speaks...

  • LOS ANGELES— Neverland Ranch is up for sale. The California property that once served as Michael Jackson's home and personal fantasyland is being listed at $100 million, according to the Wall Street Journal. Despite rumors after Jackson's death that the hilly property might be transformed into a Graceland-like homage to the King of Pop, Colony Capital has...

  • Bolan, because it ends the SEC case against him while permitting him to go back to work immediately, "he said. The settlement was reached on the eve of a trial before an SEC administrative law judge over charges the SEC first leveled against Bolan and Ruggieri in September. The SEC had alleged that Ruggieri, who worked at Wells Fargo in New York, in 2010 and 2011 traded...

  • BILLINGS, Mont.— U.S. transportation officials are extending an order for railroads to notify states about shipments of hazardous crude oil shipments. Trains hauling crude from the Bakken region of North Dakota and Montana have been involved in multiple fiery derailments in recent years, including a 2013 derailment that killed 47 people in Lac-Megantic,...

  • Former Peanut Corporation of America owner Stewart Parnell, his food broker brother, Michael Parnell, and the former quality assurance manager of the company's Georgia plant, Mary Wilkerson, were convicted in September on charges related to a salmonella outbreak in 2008 and 2009 that was blamed for 714 illnesses nationwide. Ken Hodges, an attorney for Stewart...

  • NEW YORK, May 28- A reported jump in weekly U.S. crude production data that set oil traders atwitter on Thursday was chiefly caused by revisions to two-month-old figures, not a surge in immediate output, a U.S. official said. On Thursday, the Energy Information Administration's Weekly Petroleum Status Report showed field production of crude oil rose by 304,000...

  • SAN FRANCISCO— Apple has bought a company that makes augmented-reality software, which adds information or images to real-world scenes when viewed through a special headset or even a smartphone camera. Apple, Google, Facebook and Microsoft are all working on augmented- or virtual-reality products. Apple on Thursday confirmed the purchase of Munich- based...

  • MGM's Clark Dumont confirmed that preliminary votes showed all of the casino-hotel company's 11 incumbent directors were re-elected. Land and Buildings withdrew its election fight May 20, saying it was encouraged by steps MGM was taking. Dumont says MGM CEO Jim Murren told shareholders at the meeting that the company has been looking at the real estate...

  • OMAHA, Neb.— Union Pacific has furloughed about 900 railroad workers because shipping demand has been weaker than expected. Union Pacific Corp. spokesman Aaron Hunt said the recent furloughs were also part of the railroad's effort to align its workforce with the current market. The number of shipments Union Pacific has been delivering so far this year is down...