GO
Loading...

Enter multiple symbols separated by commas

Latest Business News Wires - Business Headlines

More

  • WASHINGTON— If there was one thing most economists agreed on at the start of the year, it was this: Plunging oil prices would boost the U.S. economy. At $2.74 a gallon, the average price of gas nationwide is nearly $1 lower than it was a year ago. Consider what Federal Reserve Chair Janet Yellen said in December: Lower gas prices, Yellen declared, are "certainly good for...

  • PM: Greece will not accept 'humiliating' bailout terms Saturday, 23 May 2015 | 9:10 AM ET

    ATHENS, Greece— Greece is ready to accept a "viable and long-lasting" deal with lenders but not on "humiliating terms," Prime Minister Alexis Tsipras told his ruling Syriza party on Saturday. Syriza's first four months in power have been dominated by negotiations with the heavily indebted country's creditors, including the European Union and the International...

  • DETROIT— Eleven automakers are expected next week to reveal which models are being added to a massive recall of air bags made by Takata Corp.. On Tuesday, the U.S. National Highway Traffic Safety Administration announced a deal with Takata to declare millions of its air bag inflators defective and expand the recall from 17 million to 33.8 million.

  • TAIPEI, Taiwan— Negotiators from Taiwan and China met Saturday for talks in an attempt to maintain momentum for the forging of closer ties in the face of a skeptical Taiwanese public. Topics discussed included controlling the illegal excavation of sand from the ocean floor, opening outlying Taiwanese islets to more China- based tourism and letting Chinese...

  • Sea urchin haven disturbed by Santa Barbara oil spill Saturday, 23 May 2015 | 8:00 AM ET

    LOS ANGELES, May 23- Stephanie Mutz makes a living plucking sea urchins from the Santa Barbara coast and selling the prickly treasure to upscale restaurants in Southern California. "That was one of my predominant fishing spots, so I just have to think of a Plan B," said Mutz, who supplies restaurants from Santa Barbara to Orange County, including the Michelin- starred...

  • ATHENS, May 23- Greece's Prime Minister Alexis Tsipras said on Saturday his leftist-led government was on the final stretch of negotiations with its international lenders on a cash-for-reforms deal that would not involve further pension cuts and harsh austerity. "We are on the final stretch of a painful period shaped by the government's negotiations with...

  • MOSCOW, May 23- Ukraine has asked Russia for an extension of a discount on the price of gas until the end of the year, Russia's Energy Minister Alexander Novak said on Saturday, RIA news agency reported. "They requested it long ago, they want until the end of the year," Novak was quoted as saying. In March Russia extended a discount worth $100 per thousand cubic metres...

  • WASHINGTON— A different health care issue has emerged for Democrats, in sync with the party's pitch to workers and middle-class voters ahead of next year's elections. Jim McDermott, D- Wash., a congressional leader on health care. Since virtually all U.S. residents are now required to have health insurance by President Barack Obama's health care law, McDermott...

  • MOSCOW, May 23- Russia would adopt a tough position if Ukraine decided not to pay off debts owed to Moscow by its previous government, Russian Prime Minister Dmitry Medvedev said in an interview broadcast by Russian TV on Saturday. Russia has spoken out against a new Ukrainian law allowing a moratorium on foreign debt repayments, threatening to take Ukraine to...

  • LONDON, May 23- The Bank of England plans to assess the implications of a possible British exit from the European Union, it said in a statement, confirming an email it inadvertently sent to a newspaper about the supposedly confidential research project. British Prime Minister David Cameron, who was re-elected on May 7, has pledged to reshape Britain's ties with...

  • MOSCOW, May 23- Russia would adopt a tough position if Ukraine decided not to pay off debts owed by its previous government, Russian Prime Minister Dmitry Medvedev said in an interview broadcast by Russian TV on Saturday. "If it is actually formulated in this way this would undoubtedly be a default of Ukraine... We would adopt as tough a position as possible in this...

  • MANILA, Philippines— The Philippines' top trade official on Saturday called for support for the integration of micro, small and medium enterprises in global trade, which he said would help reduce poverty and inequality in the Asia-Pacific region. Manila is pushing for greater support for the integration into the global trade and value chain of MSMEs, which...

  • PRIME MINISTER MEDEVEDEV SAYS RUSSIA WILL ADOPT TOUGHEST POSSIBLE POSITION AND DEFEND NATIONAL INTERESTS IF UKRAINE DEFAULTS ON DEBTS OF PREVIOUS GOVERNMENT.

  • MEDVEDEV SAYS RUSSIAN GOVERNMENT HAS INTEREST IN PREDICTABLE ROUBLE, SAYS TASK IS TO FIND OPTIMAL BALANCE ON FOREX MARKET.

  • HONG KONG, May 23- Not long after Hanergy Thin Film Power Group began its annual shareholder meeting at a plush Hong Kong hotel this week, the Chinese solar company's shares went into free fall. Once the meeting was under way, several massive sell orders involving millions of shares overwhelmed the market, according to an analysis of Thomson Reuters trade log data.

  • WASHINGTON— Congress has sent President Barack Obama a bill to keep highway and transit aid flowing to states for another two months and prevent shutdown of summer construction projects. It's the 33rd time in more than six years that Congress has resorted to a temporary patch to keep transportation programs going, 12 bills specific to highway and transit...

  • LONDON, May 23- The Bank of England plans to assess the implications of a possible British exit from the European Union, it said in a statement, confirming an email it inadvertently sent to a newspaper about the supposedly confidential research project. British Prime Minister David Cameron, who was re-elected on May 7, has pledged to reshape Britain's ties with...

  • California farmers agree to drastically cut water use Saturday, 23 May 2015 | 3:09 AM ET

    SACRAMENTO, Calif.— California farmers who hold some of the state's strongest water rights avoided the threat of deep mandatory cuts when the state accepted their proposal to voluntarily reduce consumption by 25 percent amid one of the worst droughts on record. The rare concession from the farmers is the latest indication of the severity of the water shortage...

  • BEIJING, May 23- China and Peru have agreed to study the feasibility of a controversial 5,300 km transcontinental railroad that will connect Peru's Pacific coast with Brazil's Atlantic coast, China's official Xinhua News Agency reported. The agreement came as Chinese Premier Li Keqiang arrived in Peru, on the third leg of a Latin America visit.

  • BELLINGHAM, Wash.— A woman has chained herself to the Arctic Challenger, a support ship for Royal Dutch Shell's exploratory oil drilling plans, Bellingham police said. KCPQ-TV said the ship is anchored in Bellingham Bay, north of Seattle. Earlier, an official with Washington state's Department of Natural Resources said activists protesting Shell's plans for...