GO
Loading...

Enter multiple symbols separated by commas

Latest Business News Wires - Business Headlines

More

  • WASHINGTON, Jan 29- The new Republican chairman of the U.S. Senate Banking Committee said on Thursday he was "very interested" in requiring a government audit of the Federal Reserve and its portfolio. Senator Richard Shelby, an Alabama Republican, said in an interview with Bloomberg TV that Congress should not function as an extra Fed governor, but it should have...

  • FACTBOX-How Ebola started and spreads Thursday, 29 Jan 2015 | 4:38 PM ET

    Jan 29- West Africa has grappled with the worst Ebola outbreak on record that has killed at least 8,810 people since March 2014. Ebola had killed 8,810 people out of 22,092 cases as of Jan. 25, 2015, with the vast majority of deaths and cases in Liberia, Sierra Leone and Guinea, according to the United Nations' World Health Organization. It has also turned up in Nigeria,...

  • NEW YORK, Jan 29- The Swiss franc dominated trade on major currency markets again on Thursday, weakening against both the euro and U.S. dollar on renewed speculation of intervention by the Swiss National Bank, while commodity-based currencies fell against the greenback. The euro gained broadly, even in the face of Greek political ructions with the European...

  • Jan 29- Property and casualty insurer Chubb Corp's quarterly operating profit rose 3.4 percent as premium income increased. The company's consolidated operating income rose to $544 million, or $2.29 per share, in the fourth quarter ended Dec. 31, from $526 million, or $2.07 per share, a year earlier. Chubb also approved a share buyback program of up to $1.3 billion.

  • SAN FRANCISCO, Jan 29- Amazon.com Inc reported earnings of 45 cents per share for the crucial holiday quarter, trouncing analysts' expectations and sending its shares up 9 percent. Wall Street expected Amazon to report earnings per share of 17 cents, according to Thomson Reuters I/B/E/S. In 2014, Amazon paid billions for Prime shipping and put $1.3 billion into...

  • SAN FRANCISCO, Jan 29- A passenger who said she had been raped by an Uber driver in India's capital sued the online car service in U.S. federal court on Thursday, claiming the company failed to maintain basic safety procedures. India is Uber's largest market outside the United States by the number of cities covered, and the country's radio taxi market is estimated...

  • Jan 29- If the political risk of Alibaba isn't enough for you, maybe the very considerable execution risk will be. Alibaba's shares fell more than 12 percent in the two trading sessions since, though they still stand about a third higher than when first offered in September. Alibaba has a good claim to being the stock of the future, but the fact is that the future, at...

  • Deckers profit, sales miss estimates as demand slows Thursday, 29 Jan 2015 | 4:31 PM ET

    Jan 29- Outdoor footwear and apparel manufacturer and retailer Deckers Outdoor Corp reported lower-than-expected quarterly profit and sales as demand for its UGG branded sheepskin shoes slowed in the United States. Deckers said net income rose to $156.7 million, or $4.50 per share, in the third quarter ended Dec. 31, from $140.9 million, or $4.04 per share, a year...

  • Jan 29- Visa Inc, the world's largest credit and debit card company, reported a better-than-expected quarterly profit on Thursday as a strengthening U.S. job market and cheaper gasoline prices encouraged people to spend. Visa's net income rose to $1.57 billion, or $2.53 per Class A share, in the quarter ended Dec. 31 from $1.41 billion, or $2.20 per Class A share, a...

  • *Greece drops resistance, says "not a Russian puppet". BRUSSELS/ KIEV, Jan 29- European Union foreign ministers extended existing sanctions against Russia on Thursday, holding off on tighter economic measures for now but winning the support of the new left-leaning government of Greece, whose position had been in doubt. Germany said that decision would depend on...

  • SAN FRANCISCO, Jan 29- Google Inc's revenue grew 15 percent in the fourth quarter, falling short of Wall Street's target on declining online ad prices and unfavorable foreign exchange rates. Shares of Google fell 3.5 percent to $493 in after-hours trading on Thursday. Google said on Thursday the average price of its online ads, or "cost per click," decreased 3...

  • TREASURIES-Bond prices back up on strong jobless data Thursday, 29 Jan 2015 | 4:16 PM ET

    *Treasury sells $64 billion of new debt. NEW YORK, Jan 29- U.S. Treasuries fell on Thursday, with long-term yields backing away from record lows as U.S. jobless claims figures shrank to a 15- year low and investors made room for $64 billion of new government debt.

  • DETROIT, Jan 29- Honda Motor Co said on Thursday that a driver was killed last week in Houston in a 2002 Accord equipped with a Takata Corp air bag that may have ruptured. Honda said that local authorities have not officially determined the cause of death of the driver. The 2002 Accord was included in a 2011 safety recall but the "recall repair was never completed,"...

  • Amazon sales climb in holiday quarter, shares rise Thursday, 29 Jan 2015 | 4:11 PM ET

    SAN FRANCISCO, Jan 29- Amazon.com Inc reported earnings of 45 cents per share as sales climbed 15 percent during the crucial holiday quarter, sending its shares up 5 percent. Revenue rose 15 percent to $29.3 billion in the quarter, slightly short of the average analyst estimate of nearly $30 billion, according to Thomson Reuters I/B/E/S. About a third of Amazon's...

  • Visa's quarterly profit rises 11.5 pct Thursday, 29 Jan 2015 | 4:09 PM ET

    Jan 29- Visa Inc, the world's largest credit and debit card company, reported an 11.5 percent rise in quarterly profit on Thursday as a strengthening U.S. job market and cheaper gasoline prices encouraged people to spend. Visa's net income rose to $1.57 billion, or $2.53 per Class A share, in the first quarter ended Dec. 31 from $1.41 billion, or $2.20 per Class A share, a...

  • Google Q4 revenue rises 15 percent Thursday, 29 Jan 2015 | 4:08 PM ET

    SAN FRANCISCO, Jan 29- Google Inc's revenue grew 15 percent in the final three months of the year, falling short of Wall Street's revenue target as the price of its online ads remained under pressure. Google said consolidated revenue totaled $18.10 billion, compared to $15.71 billion in the year-ago period. Analysts polled by Thomson Reuters I/B/E/S were...

  • NEW YORK, Jan 29- Global oil prices firmed slightly on Thursday but not before U.S. crude hit a near six-year low and benchmark Brent pared gains on data showing fresh additions to already record-high U.S. oil inventories. But crude futures in New York fell to an April 2009 bottom by midmorning, and only rose toward the close on short-covering.

  • NEW YORK, Jan 29- U.S. stocks enjoyed a late afternoon rally on Thursday, ending a volatile session sharply higher as crude oil reversed earlier losses and returned the energy sector to positive territory.

  • HONDA SAYS FATAL CRASH OCCURRED JAN 18 IN A 2002 ACCORD MODEL IN HOUSTON.

  • VEHICLE INVOLVED IN CRASH WAS RECALLED IN 2011 BUT "RECALL REPAIR WAS NEVER COMPLETED," HONDA SAID.