North America


  • Steelcase posts 2Q profit Tuesday, 23 Sep 2014 | 4:37 PM ET

    GRAND RAPIDS, Mich.— Steelcase Inc. on Tuesday reported earnings of $30.5 million in its fiscal second quarter. For the current quarter ending in November, Steelcase expects its per-share earnings to range from 24 cents to 28 cents. Steelcase shares have declined 1.5 percent since the beginning of the year.

  • NEW YORK, Sept 23- A former information technology manager at the defunct digital currency exchange Liberty Reserve pleaded guilty to a conspiracy charge on Tuesday in New York, becoming the company's fourth employee to do so since U.S. prosecutors shut it down in 2013..

  • NEW YORK, Sept 23- U.S. stocks fell on Tuesday, with consumer staples leading the S&P 500 down to its third straight daily loss, as investors grew concerned about the pace of global economic growth.

  • Carmax and Medtronic are big market movers Tuesday, 23 Sep 2014 | 4:22 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Carmax Inc., down $5.01 to $47.80. Medtronic Inc., down $1.90 to $64.08.

  • Maine's Great Northern Paper files for bankruptcy Tuesday, 23 Sep 2014 | 4:21 PM ET

    EAST MILLENOCKET, Maine— Great Northern Paper Co. LLC has filed for bankruptcy. The Portland Press Herald reports that the company, which has faced significant financial challenges for years, filed for Chapter 7 bankruptcy Tuesday.

  • Argentina payment plan adds to creditor frustration Tuesday, 23 Sep 2014 | 4:14 PM ET

    NEW YORK, Sept 23- Argentina is expected to deliver a US $200 m coupon payment in the next week on its restructured Par bonds, but frustrated investors still have little chance of getting their hands on the money.

  • A look at GOP candidate for treasurer Tom Cross Tuesday, 23 Sep 2014 | 4:13 PM ET

    SPRINGFIELD, Ill.— Former House Republican Leader Tom Cross is an Oswego Republican making a bid for state treasurer, facing Democratic state Sen. Here's some background on Cross and his stance on the issues:. Most admired Illinois governor: Jim Edgar.

  • A look at Democratic treasurer candidate Frerichs Tuesday, 23 Sep 2014 | 4:12 PM ET

    SPRINGFIELD, Ill.— Democratic state Sen. Michael Frerichs is making a bid for state treasurer, facing former House Republican Leader Tom Cross of Oswego. Most admired Illinois governor: Jim Thompson.

  • *U.S. and Arab allies bomb Syria for first time. NEW YORK, Sept 23- U.S. benchmark and long-dated Treasuries yields fell on Tuesday to their lowest since Sept. 11 after weak European economic data raised concerns about global growth and U.S. strikes in Syria spurred safe-haven bids.

  • Figures on government spending and debt Tuesday, 23 Sep 2014 | 4:01 PM ET

    WASHINGTON— Figures on government spending and debt.

  • Veteran judge nominated for Delaware Supreme Court Tuesday, 23 Sep 2014 | 3:45 PM ET

    Jack Markell nominated James Vaughn, a 15- year veteran of the state's Superior Court, to the Delaware Supreme Court, which plays a key role in interpreting U.S. corporate law. Vaughn has served since 2004 as president of the Superior Court, which hears criminal and civil cases and appeals from the Court of Common Pleas.

  • WASHINGTON, Sept 23- A U.S. court has temporarily shut down Butterfly Labs, a Missouri company the Federal Trade Commission alleges deceptively marketed computers designed to produce bitcoins, the "virtual currency" payment system. In an emailed statement on Tuesday, Butterfly Labs said the commission had overreached with "heavy-handed actions."

  • BISMARCK, North Dakota, Sept 23- Hess Corp and other major North Dakota oil producers told the state's top energy regulators on Tuesday that existing field practices used to prepare Bakken crude for rail transport are safe, and tighter standards could do more harm than good.

  • Oil near its low for the year despite turmoil Tuesday, 23 Sep 2014 | 3:33 PM ET

    NEW YORK— The oil market has lost its jitters. The price has fallen by $15 per barrel since mid-summer despite escalating violence in Iraq, OPEC's second largest exporter, and multiple rounds of sanctions by Western nations against Russia, the biggest exporter outside of OPEC, over its involvement in Ukraine. At the same time, demand in China and Europe has slipped.

  • FOREX-Dollar steady after profit-taking Tuesday, 23 Sep 2014 | 3:29 PM ET

    NEW YORK, Sept 23- The dollar held steady against other major currencies on Tuesday after a flurry of profit-taking that also helped lift the battered euro. The euro, which traded near $1.40 in May, was up 0.06 percent in late New York dealings at $1.286 after trading as high as $1.29, in part on data suggesting improved economic growth in Germany.

  • More insurers to offer health law plans next year Tuesday, 23 Sep 2014 | 3:20 PM ET

    WASHINGTON— The Obama administration says consumers in most states will have more insurance options next year under the president's health care law. The Health and Human Services department on Tuesday reported a net increase of 63 insurers joining the market in 43 states plus Washington, DC.

  • Millennial Media to buy Nexage for $107.5 million Tuesday, 23 Sep 2014 | 3:15 PM ET

    NEW YORK— Millennial Media Inc., a mobile advertising company, said Tuesday that it plans buy privately-held Nexage for about $107.5 million in cash and stock to broaden its offerings to clients. Millennial Media said it will pay about $22.5 million in cash and about $85 million in stock for Nexage.

  • ACLU sues over Arizona 'revenge porn' bill Tuesday, 23 Sep 2014 | 3:05 PM ET

    PHOENIX— The American Civil Liberties Union of Arizona says a new state law making so-called "revenge porn" illegal is so broad it criminalizes booksellers, artists and even historians.

  • Treasurer hopefuls look to boost office's image Tuesday, 23 Sep 2014 | 3:05 PM ET

    SPRINGFIELD, Ill.— Two candidates vying to be Illinois' next chief investment officer have different ideas about how to restore the image of the Treasurer's office, which has been tarnished by a sexual harassment suit and questions about whether the man leaving the job used taxpayer dollars in mixing state and political business trips.

  • U.S. companies' borrowing to spend on capital investment rose in August, the Equipment Leasing and Finance Association said. Washington- based ELFA, a trade association that reports economic activity for the $827 billion equipment finance sector, said credit approvals totaled 79.5 percent in August, down slightly from 80.3 percent in July.