GO
Loading...

Latest Business News Wires - Business Headlines

More

  • SAN FRANCISCO/ FRANKFURT, July 22- European Union antitrust regulators are preparing to step up investigations of Google Inc's practices on several fronts and are likely to revise certain terms of a settlement involving its search engine that was proposed earlier this year, the Wall Street Journal reported on Tuesday.

  • GM issues 6 more safety recalls Wednesday, 23 Jul 2014 | 1:41 PM ET

    DETROIT— General Motors issued six more recalls on Wednesday, bringing its annual total to 60 recalls covering almost 30 million vehicles. The latest recalls cover almost 718,000 cars and trucks.

  • MOSCOW, July 23- Russian officials on Wednesday lined up to dismiss the economic impact of Western sanctions imposed for Moscow's role in the Ukraine crisis, saying they were "peanuts" compared to what their country had to face during Soviet times.

  • DETROIT, July 23- General Motors Co on Wednesday announced six recalls covering 717,950 vehicles in the United States for varying reasons. None of the recalls were related to the ignition switch issues that have caused nearly 15 million recalls of GM vehicles worldwide this year.

  • "EPA goes beyond the plain reading of Clean Air Act Section 111 directing states to achieve questionable emission reduction targets from a limited menu of economically damaging and legally questionable' options'," said Senator David Vitter of Louisiana, the committee's top Republican.

  • *U.S. crude stocks down 4 mln barrels, Cushing down 1.4- EIA. NEW YORK, July 23 (Reuters)- Oil futures rose on Wednesday, with U.S. crude outpacing Brent, after oil stockpiles in the United States fell more than expected. Brent crude for September delivery was up 9 cents at $107.42 a barrel at 12:59 p.m. EDT ( 1659 GMT), after slipping 35 cents in the previous session.

  • FRANKFURT, July 23- When Bill Gross eventually retires as chief investment officer of California- based asset manager Pimco, his "Bond King" crown will go with him. Allianz, the German insurer which owns Pimco, wants to ensure that in a post-Gross era the asset manager he co-founded will not be so reliant on the investment decisions of one person.

  • WASHINGTON, July 23- The International Monetary Fund on Wednesday said it expects the U.S. economy to grow 1.7 percent in 2014, even more slowly than it predicted a month ago, as weakness in the first quarter offsets an expected pick-up in the second half of the year.

  • APNewsBreak: Medicaid enrollees strain Oregon Wednesday, 23 Jul 2014 | 1:07 PM ET

    PORTLAND, Ore.— Low-income Oregon residents were supposed to be big winners after the state expanded Medicaid under the federal health care overhaul and created a new system to improve the care they received.

  • Chinese leader signs accords, wraps up Cuba visit Wednesday, 23 Jul 2014 | 1:01 PM ET

    HAVANA— Chinese President Xi Jinping is wrapping up his visit to Cuba after signing dozens of agreements for such things as investment by Chinese firms on the island. China is Cuba's No. 2 international trade partner after Venezuela. The Chinese president began his tour of Latin America last week in Brazil, and has also visited Argentina and Venezuela.

  • German city Hamburg seeks to ban Uber ride service Wednesday, 23 Jul 2014 | 12:59 PM ET

    HAMBURG/ FRANKFURT, July 23- Hamburg has told Uber, a U.S. car service whose smartphone app summons rides at the touch of a button, to stop operating in the German city, adding to resistance the company has faced globally from local regulators and taxi drivers.

  • FDA approves Gilead Sciences drug for 3 cancers Wednesday, 23 Jul 2014 | 12:57 PM ET

    WASHINGTON— The Food and Drug Administration on Wednesday approved a new cancer drug from Gilead Sciences Inc. to treat three types of blood cancer. The FDA has approved three other drugs for the disease in the last year: Roche's Gazyva, Janssen Pharmaceutical's Imbruvica and GlaxoSmithKline's Arzerra.

  • Lisbon rallies as European shares edge higher Wednesday, 23 Jul 2014 | 12:56 PM ET

    *Investors keeping wary eye on Ukraine crisis. LONDON, July 23- Portugal's stock market outperformed other European bourses on Wednesday, rallying after investors bought stakes in the country's troubled lender Banco Espirito Santo.

  • *Adjusted profit $1.04 a share vs estimate of $1.03. July 23- Delta Air Lines reported a higher-than-expected second-quarter profit as it flew fuller planes and enjoyed higher passenger revenue in the United States, boosting its shares by 3 percent.

  • Fair Trade brings big sales and a clear conscience Wednesday, 23 Jul 2014 | 12:47 PM ET

    NEW YORK— Brooklyn Roasting Co. has a booming business based on helping people thousands of miles away. Sales of its Fair Trade coffee, which comes from Mexico, Peru, Indonesia and Ethiopia, have soared from $900,000 in 2011 to $4.4 million last year.

  • AMSTERDAM, July 23- The Dutch Safety Board, which is leading an international inquiry into the downing of Malaysia Airlines flight MH17, said on Wednesday investigators had found no evidence that the jet's "black box" voice recorder had been tampered with.

  • AMSTERDAM, July 23- The Dutch Safety Board, which is leading an international inquiry into the downing of Malaysia Airlines flight MH17, said on Wednesday investigators had found no evidence that the jet's "black box" voice recorder had been tampered with.

  • Get paid for posts? Social networking's new twist Wednesday, 23 Jul 2014 | 12:38 PM ET

    SAN FRANCISCO— Facebook and most other social networks are built on the premise that just about everything should be shared— except the money those posts produce. At least two services are trying to change that. "I just feel like everyone on social networks has been taken advantage of for long enough," says Michael Nusbaum, a New Jersey surgeon who created Bonzo Me.

  • *Energy minister blames Gazprom "threat". the EU to antagonize Russian gas producer Gazprom, a heavy critic of the flows. Ukraine uses around 50 billion cubic meters of gas per year and has increased efforts to secure more gas from the EU after Gazprom raised prices for its supplies in a spat which has added to the crisis in the ex-Soviet state.

  • The Stuttgart- based maker of cars and trucks has been trying to bounce back after rival Audi eclipsed Mercedes in 2011 as the world's second biggest luxury car maker behind BMW.