GO
Loading...

Latest Business News Wires - Business Headlines

More

  • Clorox CEO Donald Knauss steps down Thursday, 18 Sep 2014 | 6:02 PM ET

    Sept 18- Home cleaning products maker Clorox Co said Chief Executive Donald Knauss was stepping down after eight years at the helm. He started his career at The Coca-Cola Co and went on to join PepsiCo Inc and Procter& Gamble Co before joining Clorox. Oakland, California- based Clorox's shares were little changed on the New York Stock Exchange on Thursday.

  • TABLE-Impact of weaker yen on Japanese firms' earnings Thursday, 18 Sep 2014 | 6:00 PM ET

    Sept 19- Following is a table highlighting this financial year's assumed currency rates for some major Japanese firms and the impact on annual operating profit of a 1 yen move lower against both the dollar and the euro. Company Assumed Impact of 1 yen Assumed Impact of 1 yen rate move on operating rate vs yen move on vs dlr profit euro operating.

  • TOKYO, Sept 19- Three quarters of Japanese firms are finding the yen has weakened beyond their preferred levels, and they also believe authorities should embark on further stimulus measures if a second sales tax hike goes ahead as planned, a Reuters survey showed.

  • Japan struggled with a strong currency for much of the past decade, only gaining sustained relief from late 2012 as Prime Minister Shinzo Abe came to power and embarked on bold monetary stimulus.

  • Obama to tout U.S. climate plan at U.N. summit Thursday, 18 Sep 2014 | 5:52 PM ET

    WASHINGTON, Sept 18- President Barack Obama will highlight strides the United States has made on climate change when he addresses a major U.N. climate summit next week, senior administration officials said on Thursday.

  • EDINBURGH, Sept 18- Support for Scottish independence amounts to 46 percent of the electorate with 54 percent wanting to stay in the United Kingdom, according to a poll by YouGov carried out on the day of the referendum. YouGov contacted Scots it had previously canvassed in recent days and its survey is not akin to a full exit poll.

  • Yahoo options popular ahead of Alibaba IPO Thursday, 18 Sep 2014 | 5:43 PM ET

    NEW YORK, Sept 18- Alibaba Group Holding Ltd's shares do not begin trading until Friday, so investors hungry for a bite of the Chinese e-commerce giant have turned their attention to Yahoo Inc's options in recent days. The volume of options trading in Yahoo- which has a big stake in Alibaba- has risen steadily over the last month.

  • Sept 18- Alibaba Group Holding priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion on Thursday. "I'd put them in a class of Facebook and Google with the scale they have, growth prospects and profitability," said Scot Wingo, CEO of e-commerce software provider ChannelAdvisor.

  • YOUGOV SURVEY IS NOT AN EXIT POLL, SHOWS SUPPORT FOR UNITED KINGDOM AT 54 PERCENT.

  • YOUGOV SURVEY OF SCOTTISH VOTERS PREVIOUSLY POLLED SHOWS SUPPORT FOR INDEPENDENCE AT 46 PERCENT.

  • Sept 18- Home Depot Inc said on Thursday that data could have been stolen from 56 million payment cards by criminals who used malware from April to September to hack into its systems at stores in the United States and Canada.

  • ALIBABA IPO PRICES AT $68 A SHARE, TOP OF RANGE, RAISES $21.8 BLN- DOW JONES, CITING SOURCE.

  • SAN FRANCISCO, Sept 18- Qualcomm Inc executives showed off robots made with smartphone technology at an annual developer conference on Thursday, but they steered clear of talking about China, a key growth market where the chipmaker is entangled in an antitrust investigation.

  • CORRECTED-JetBlue names Robin Hayes CEO Thursday, 18 Sep 2014 | 5:09 PM ET

    Sept 18- JetBlue Airways named Robin Hayes, its current President, as chief executive, effective Feb. 16, 2015. Shares were up 5 percent after the bell at $11.90. Hayes replaces Dave Barger, its CEO of seven years.

  • *London offers more powers if Scotland stays. EDINBURGH, Sept 18- Scotland has voted on whether to stay within the United Kingdom or break the 307- year-old union in a finely balanced independence referendum with global consequences. The gap is sufficiently close that if the pollsters have got it marginally wrong, Scotland could go its own way.

  • *Oracle shares down after hours. NEW YORK, Sept 18- U.S. stocks rose on Thursday, a day after the U.S. Goldman Sachs rose 1.7 percent to $187.89, the biggest boost to the Dow.

  • Sept 18- Oil and gas producer Range Resources has been fined more than $4 million for environmental violations in Pennsylvania, state environmental authorities said on Thursday, the largest fine leveled against a shale gas operator in the state.

  • NEW YORK/ LONDON, Sept 18- Gold rebounded on Thursday, as investors bought back their bearish bets after speculation over an earlier-than-expected U.S. interest rate hike by the Federal Reserve sent bullion prices to a 8-1/ 2- month low.

  • WASHINGTON, Sept 18- Ukraine President Petro Poroshenko secured $53 million in assistance from the United States on Thursday but President Barack Obama for now turned down his appeals for weapons to fight Russian-backed separatists.