Business News


  • UPDATE 2-TNK-BP oligarchs try to dodge Rosneft Tuesday, 9 Oct 2012 | 11:05 AM ET

    By Andrew Callus and Douglas Busvine. LONDON/ MOSCOW, Oct 9- The billionaires who co-own Russian oil venture TNK-BP and want to buy out partner BP have told the British company they would rather sell their half of the $50 billion business than end up in a devalued partnership with state-backed rival bidder Rosneft.

  • Oct 9- Super Micro Computer Inc:. *Thinkequity cuts Super Micro Computer Inc price target to $11 from. Reuters Station users, click. 1568.

  • Shares extend losses on U.S. weakness, Bunds rise Tuesday, 9 Oct 2012 | 11:05 AM ET

    LONDON, Oct 9- European shares extended losses to a session low on Tuesday, led by falls on Wall Street as concerns around the outlook for corporate earnings continued to weigh on sentiment, sending investors into safehaven government bonds.

  • NYC's Henry Hudson Bridge going cashless Tuesday, 9 Oct 2012 | 11:04 AM ET

    NEW YORK-- New York City's Henry Hudson Bridge is going cashless. Unmanned, cashless toll booths are being introduced on the Bronx- Manhattan crossing beginning Nov. 10. The toll remains the same: $2.20 with E-ZPass and $4 without.

  • WHO: 'Brain-eating amoeba' kills 10 in Pakistan Tuesday, 9 Oct 2012 | 11:04 AM ET

    ISLAMABAD-- A waterborne parasite commonly known as "brain-eating amoeba" has killed 10 people in Pakistan's largest city, a Pakistani official with the World Health Organization said Tuesday. Musa Khan, in charge of WHO's Disease Early Warning System in Pakistan, said the deaths were reported in the city of Karachi from March to September.

  • Stocks indexes slip following gloomy IMF forecast Tuesday, 9 Oct 2012 | 11:04 AM ET

    Indexes fell on Wall Street as investors reacted to another weak forecast on the global economy and ahead of the traditional start of earnings season: results from Alcoa, the aluminum maker and economic bellwether, which come out after the closing bell.

  • U.S. Treasury to sell $40 bln in four-week bills Tuesday, 9 Oct 2012 | 11:04 AM ET

    WASHINGTON, Oct 9- For details of the U.S.

  • DIRECTV, one of the world's leading providers of digital entertainment services, and CBS Corporation, one of the world's leading content providers, today announced renewal of their content carriage agreements.

  • New Issue-BayernLB prices 200 mln euro 2018 bond Tuesday, 9 Oct 2012 | 11:04 AM ET

    October 09- Following are terms and conditions. of a bond priced on Tuesday.

  • Gas prices in California inch higher _ again Tuesday, 9 Oct 2012 | 11:03 AM ET

    SAN FRANCISCO-- The average price of regular gas in California has inched up to $4.671 a gallon, making it the highest in the nation for another day. AAA reported the price was higher than Monday's price of $4.668, which also was an all-time high for the state. California usually converts to the gas on Oct. 31.

  • *Ohio park selling pieces of troubled coaster Tuesday, 9 Oct 2012 | 11:03 AM ET
  • BRIEF-Hulu and Viacom expand content partnership Tuesday, 9 Oct 2012 | 11:02 AM ET

    *Hulu and Viacom expand content partnership. *Says financial terms of the agreement were not disclosed. *Source text* Further company coverage.

  • Study of ND upkeep costs to include bridges Tuesday, 9 Oct 2012 | 11:02 AM ET

    BISMARCK, N.D.-- A recent study of the cost of maintaining North Dakota's county and township roads is being expanded to include bridges. The Upper Great Plains Transportation Institute at North Dakota State University did the study at the Legislature's request.

  • First female rapper debuts in Afghanistan Tuesday, 9 Oct 2012 | 11:02 AM ET

    Afghanistan's first female rapper Sosan Firooz pleads into her microphone. She sings about repression of women, her hopes for a peaceful Afghanistan and the misery she says she experienced as a small child living in neighboring Iran.

  • EU fin mins blocked on thorny banking union Tuesday, 9 Oct 2012 | 11:02 AM ET

    LUXEMBOURG-- Europe made little progress Tuesday in its efforts to secure the region's stricken financial system and ensure that failing banks never risk an entire country's economy again when finance ministers from the 27- country European Union failed to agree on how a single banking supervisor should be set up.

  • Neb. Public Power to issue $250 million in bonds Tuesday, 9 Oct 2012 | 11:01 AM ET

    COLUMBUS, Neb.-- The Nebraska Public Power District plans to issue $250 million in bonds this month to pay for transmission lines and power generation projects. Some of the proceeds from the bonds will also be used repay part of the utility's general revenue bonds. The fixed-rate, tax-exempt bonds will be issued on Oct. 15.

  • Panel says ND tribe deserves greater tax share Tuesday, 9 Oct 2012 | 11:01 AM ET

    BISMARCK, N.D.-- Some North Dakota lawmakers say the Three Affiliated Tribes deserves a greater share of the taxes collected from reservation oil production. The Legislature's Tribal and State Relations Committee reviewed the idea. He says the panel didn't approve the 80 percent split, but he's expecting the Legislature will see the proposal next year.

  • Economic uncertainty hurts business travel Tuesday, 9 Oct 2012 | 11:00 AM ET

    NEW YORK-- U.S. companies are continuing to cut back on employee travel plans amid uncertainty surrounding the health of the economy. Americans are expected to take 438.1 million business trips this year, down 2 percent from last year, the Global Business Travel Association said Tuesday.

  • The doctor (in the next cubicle) will see you now Tuesday, 9 Oct 2012 | 11:00 AM ET

    U.S. companies as diverse as chipmaker Intel Corp and printer Quad/Graphics Inc have opened in-house health clinics with doctors, nurses and even dentists to diagnose suspicious symptoms, write prescriptions and more. "We were beginning to see... growing chronic conditions in our population," says Tami Graham, director of global benefits for Intel. "

Most Popular Video

Wednesday, 16 Apr 2014 | 11:11 PM ET

Vasu Menon, VP, Group Wealth Management at OCBC Bank, describes why Asian shares are mixed on Thursday despite dovish comments from the Fed overnight.

Wednesday, 16 Apr 2014 | 9:13 PM ET

Ha Jiming, Vice Chairman, China at Goldman Sachs Private Wealth Management, says China needs structural reforms that can correct imbalances in its economy.

Wednesday, 16 Apr 2014 | 8:55 PM ET

Frank Appel , CEO at Deutsche Post DHL, sees "higher chances than risks" for its business in the mainland despite recent data pointing to a slowdown.