GO
Loading...

Enter multiple symbols separated by commas

Latest Business News Wires - Business Headlines

More

  • SAN FRANCISCO, March 9- Apple Inc launched its long-awaited watch on Monday, including yellow or rose gold models with sapphire faces costing up to $17,000, but investors questioned whether Chief Executive Tim Cook's first product would be a breakaway hit. Apple's first new device since Cook became CEO will be available for order on April 10 and in stores on...

  • SAN FRANCISCO, March 9- Alibaba Group Holding Ltd appointed Jeff Zhang the chief overseer of its main services on Monday, bringing Taobao, Tmall and Juhuasuan into a newly created "China Retail Marketplaces" division. It's unclear how Zhang's appointment affected Yilei Wang, who was President of the Amazon.com- like Tmall retail website. Alibaba said the move was...

  • Pham, 41, resettled in California and is now owner of an art gallery in Ho Chi Minh City, one of a stream of Vietnamese Americans who found their fortunes in a fast-changing Vietnam where capitalism is thriving under communist rule. In the 17 years she's lived in Vietnam, her mother has refused to visit. "When I moved back to Vietnam, she disowned me," said Pham.

  • BEIJING, March 10- China's plan to run its biggest fiscal deficit since the global financial crisis may help develop its bond market, but the extra competition for funding could sink some of the major providers of local government financing. To service China's 1.12 trillion yuan deficit for 2015, up 170 billion yuan from last year, state borrowers will also turn...

  • TOKYO, March 10- Japan's stock markets are again attracting foreign investors, and there are signs some of them will park their money for a long time rather than a brief stay. While investors are not convinced if Abe's reforms will boost corporate Japan's productivity, they have some reasons to be optimistic, such as possible rises in wages and consumption.

  • Qualcomm also raised its quarterly dividend to 48 cents per share from 42 cents, effective March 25. The new buyback plan replaces the previous program, which had $2.1 billion authorization remaining, Qualcomm said. Qualcomm said on Monday it would continue to return at least 75 percent of its free cash flow to shareholders annually.

  • ALIBABA SAYS TAOBAO MARKETPLACE PRESIDENT JEFF ZHANG TO ASSUME NEW ROLE, TAKES CHARGE OF MARKETPLACE WEBSITES TAOBAO, TMALL AND JUHUASUAN.

  • March 9- Apparel retailer Urban Outfitters Inc reported a better-than-expected quarterly profit as comparable sales rose for the first time in a year, helped by a recovery at the company's namesake brand and strong demand for its Free People line of clothes. Total comparable sales rose 6 percent in the fourth quarter ended Jan. 31, with same-store sales...

  • Apple's watch hasn't impressed the fashion world Monday, 9 Mar 2015 | 4:48 PM ET

    PARIS/ NEWYORK, March 9- Apple Inc. has made every effort to convince the fashion world that the Apple Watch is the next chic accessory. And the company has made a big publicity push in Paris, giving style heavyweights Karl Lagerfeld, Anna Wintour and model Karlie Kloss an advance preview ahead of a display last fall at the Paris boutique Colette.

  • March 9- A brake problem may have caused a Delta Air Lines Inc jet to skid off a runway at New York's LaGuardia Airport last week, according to testimony from the flight's crew, federal safety investigators said Monday. The auto brakes were set to "max," but the crew "did not sense any wheel brake deceleration" before the plane crashed into a fence, the National...

  • *Funds cover shorts in wheat ahead of monthly USDA report. *Soybeans firm; Brazilian crop estimate awaited. Soybeans and corn also climbed in largely technical buying ahead of the U.S. Department of Agriculture's supply/demand report due on Tuesday.

  • *Alcoa to buy RTI International for $1.5 bln. Alcoa Inc said it would buy RTI International Metals Inc for $1.5 billion. Alcoa lost 5.4 percent to $13.70 while RTI jumped 39.3 percent to $38.00.

  • NEW YORK, March 9- Galleon Group hedge fund founder Raj Rajaratnam and former Goldman Sachs Group Inc director Rajat Gupta are seeking to overturn penalties imposed against them for insider trading, citing a recent U.S. court decision that narrowed the definition of that offense. But in seeking lesser punishments, both men cited a Dec. 10 ruling by the 2nd U.S....

  • March 9- Chipmaker Qualcomm Inc said it would buy back up to $15 billion of shares and raise its quarterly dividend. Qualcomm will buy back up to $10 billion in the next 12 months, the company said on Monday. Qualcomm said its quarterly dividend would rise to 48 cents per share from 42 cents from March 25.

  • March 9- U.S. stocks bounced back on Monday, helped by a couple of billion-dollar deals, while Apple Inc shares ended slightly higher after the long-anticipated unveiling of its watch.

  • *U.S. crude lifted by modest Cushing build vs expectations. NEW YORK, March 9- Brent prices fell 2 percent on Monday pressured by European Central Bank bond-buying, while U.S. crude rose about 1 percent on a smaller-than-expected build in inventories at the key Cushing oil hub, leading to a narrowing gap between the two benchmarks. Genscape estimated a 157,000-...

  • NEW YORK, March 9- The dollar fell from an 11-1/ 2- year high versus the euro on Monday as investors took profits from gains made after last week's strong U.S. employment report helped cement expectations the Federal Reserve will raise U.S. interest rates this year. It is going to take something else to get us back down below the $1.0760 range, but we're not too sure...

  • CARACAS, March 9- Venezuela has called in its top diplomat in the United States for consultations after Washington earlier on Monday declared the South American country a national security threat and ordered sanctions against seven officials.

  • Delta accident related to brake setting - NTSB Monday, 9 Mar 2015 | 3:50 PM ET

    March 9- Federal safety investigators said the autobrake selector switch was set to' max' on a Delta Air Lines Inc jet that skidded off a runway at New York's LaGuardia Airport last week and crashed into a fence. "The auto brakes were set to' max' but they did not sense any wheel brake deceleration," the National Transportation Safety Board said in a statement.

  • *Wall St edges up, Europe stocks close lower. NEW YORK, March 9- U.S. stocks rose Monday on the back of billion-dollar deals, while U.S. and euro zone bond prices rose as the European Central Bank started its bond-buying program. We're seeing a little of that reversion-to-the-mean trade coming back, "said Larry Peruzzi, senior equity trader at Cabrera Capital Markets...