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  • FOREX-Euro slips, Aussie shrugs off China rate cut Sunday, 1 Mar 2015 | 5:45 PM ET

    *Aussie reverses rally as China rate cut effect quickly fades. *HSBC final China PMI report due next. SYDNEY, March 2- The flagging euro probed fresh one-month lows early on Monday in a subdued start to the week, while an interest rate cut in China over the weekend gave commodity currencies only a fleeting boost.

  • NEW YORK— Last fall, Apple launched Apple Pay, bringing mobile-payment technology to the iPhone. Samsung's payment service won't come until this summer, and will launch only in the U.S. and South Korea at first. Here's what's known about Samsung Pay and how it compares with Apple Pay and Google's own efforts for Android.

  • NEW YORK— Will Smith's con-man caper "Focus" disrobed "Fifty Shades of Grey" at the box office, but the film's modest $19.1 million opening still left questions about the drawing power of the once unstoppable star. According to studio estimates Sunday, Warner Bros.' "Focus" easily topped all competitors on a weekend with little competition at North American...

  • HTC Corp. also unveiled a fitness tracker, the Grip. Rather, HTC is partnering with sports clothing maker Under Armour to offer features for those with active lifestyles. The announcements come on the eve of this week's Mobile World Congress wireless show in Barcelona, Spain.

  • As New England freezes, natural gas stays cheap Sunday, 1 Mar 2015 | 9:00 AM ET

    NEW YORK, March 1- What a difference a year makes. New England' s power grid operator, ISO New England, provided incentives to encourage generators to lock in oil and gas supplies early, offering an end-of-season cash payout to cover any excess costs from unused fuel supplies, among other things. "Both the region's power grid and its resources have been operating well...

  • The knowledge gained so far is of little comfort to family and friends of the 239 people still missing from the plane, which vanished last March 8 during a flight from Kuala Lumpur, Malaysia, to Beijing. In the Indian Ocean west of Australia, where experts believe the plane crashed, scientists have been mapping the sea floor to aid in the search for wreckage.

  • NEW YORK, Feb 28- In his 50 years at the helm of Berkshire Hathaway Inc, Warren Buffett has transformed a failing textile company into a sprawling conglomerate that has vastly outperformed most of the rest of corporate America. Within 10 to 20 years, Buffett said, Berkshire's girth could require whoever then runs the Omaha, Nebraska- based company to consider steps...

  • In the 84- year-old's annual shareholder letter released on Saturday, Buffett said Berkshire has grown so large- 751,000 times its original net worth per share- that the future pace of gains "will not come close" to those of the past. "I think Berkshire will outperform the average American company, but our advantage, if any, won't be great." Buffett, also addressing one...

  • NEW YORK, Feb 28- In his 50 years at the helm of Berkshire Hathaway Inc, Warren Buffett has transformed a failing textile company into a sprawling conglomerate that has vastly outperformed most of the rest of corporate America. Within 10 to 20 years, Buffett said, Berkshire's girth could require whoever then runs the Omaha, Nebraska- based company to consider steps...

  • NEW YORK— Hyundai is recalling about 263,000 cars in the U.S. and Canada because a sensor problem could cause drivers to lose power-assisted steering. The affected cars include model years 2008 to 2010 of Elantras made between June 1, 2008 and April 30, 2010 and Elantra Touring vehicles made between Nov. 1, 2008 and April 30. The recall includes nearly 205,000...

  • FairPoint more attractive to buyers with new labor pact Saturday, 28 Feb 2015 | 9:19 AM ET

    PORTLAND, Maine— FairPoint Communications said it needed to bring costs and benefits into sync with competitors in the telecommunications industry. Workers said during a four-month strike in northern New England that the company was positioning itself for potential sale, and a Wall Street analyst said shareholders are pressing for one.

  • Feb 28- Warren Buffett's Berkshire Hathaway Inc on Saturday said fourth-quarter profit declined 17 percent as investment gains declined, but operating results improved. Net income fell to $4.16 billion, or $2,529 per Class A share, from $4.99 billion, or $3,035 per share, a year earlier. Quarterly operating profit rose 5 percent to $3.96 billion, or $2,412 per...

  • Berkshire Hathaway net falls, operating profit rises Saturday, 28 Feb 2015 | 8:08 AM ET

    Feb 28- Warren Buffett's Berkshire Hathaway Inc on Saturday said profit declined 17 percent in the fourth quarter from a year earlier, reflecting lower investment gains, though operating results improved. Net income fell to $4.16 billion, or $2,529 per Class A share, from $4.99 billion, or $3,035 per share, a year earlier. Quarterly operating profit rose 5 percent...

  • Homeland Security gets one-week funding lifeline Saturday, 28 Feb 2015 | 7:28 AM ET

    Republicans only narrowly manage to avert a partial shutdown of the Department of Homeland Security, the New York Times reports.

  • House Roll Call: Approving 1-week DHS funding bill Friday, 27 Feb 2015 | 10:25 PM ET

    The 357-60 roll call Friday by which the House approved a bill to fund the Homeland Security Department for one week. The bill goes to President Barack Obama for his signature. Republicans— Aderholt, X; Brooks, N; Byrne, Y; Palmer, N; Roby, Y; Rogers, Y.

  • NEW YORK— A judge has ordered a prominent Texas businessman and his brother's estate to pay $299 million after a federal jury New in York found they engaged in a massive fraud to evade taxes. District Judge Shira Scheindlin issued a final order Thursday in the Securities and Exchange Commission's suit against Sam Wyly and the late Charles Wyly.

  • NEW YORK/ WASHINGTON, Feb 27- Puerto Rico's Doral Bank has failed and a local rival will take over its operations, authorities said on Friday after accidentally releasing the information early and sending shares down 46 percent before trading was halted. The FDIC announced on Friday that the bank had been closed and its banking operations and deposits will be...

  • Final Glance: Big-box Retail companies Friday, 27 Feb 2015 | 6:02 PM ET

    Costco Wholesale Corp. rose$. 31 or. 2 percent, to $146.96. Target fell$. 07 or. 1 percent, to $76.83. Wal-Mart Stores Inc. rose$. 13 or. 2 percent, to $83.93.

  • Final Glance: Homebuilders companies Friday, 27 Feb 2015 | 6:02 PM ET

    DR Horton rose$. 09 or. 3 percent, to $27.31. Hovnanian Enterprises Inc. rose$. 05 or 1.4 percent, to $3.74. Lennar Corp. rose$. 12 or. 2 percent, to $50.21.

  • Final Glance: Health Care Equipment companies Friday, 27 Feb 2015 | 6:02 PM ET

    Becton, Dickinson& Co. fell $1.82 or 1.2 percent, to $146.72. Thermo Fisher Scientific Inc. fell$. 14 or. 1 percent, to $130.00. Varian Medical Systems Inc. rose$. 52 or. 6 percent, to $92.97.