SYDNEY, Aug 28- Qantas Airways Ltd on Thursday reported its biggest financial loss ever after taking a hefty A $2.6 billion writedown due to a company restructure that includes a re-valuing of its fleet.» Read More
SAN FRANCISCO, April 15- Yahoo Inc reported modest revenue growth in the first three months of the year, as the Internet company stemmed a long-running decline in its display ad business. Revenue, excluding fees paid to partner websites, was $1.087 billion in the first quarter compared to $1.074 billion in the year ago period.
NEW YORK, April 15- U.S. stocks ended higher after a volatile session on Tuesday, lifted by gains in Coca-Cola and Johnson& Johnson, though weakness in Apple, Tesla and Netflix limited the Nasdaq's advance. The Dow Jones industrial average rose 89.32 points or 0.55 percent, to end unofficially at 16,262.56.
SAN FRANCISCO, April 15- Intel Corp posted first-quarter net earnings of $1.947 billion, or 38 cents a share, compared with $2.045 billion, or 40 cents a share, in the year-ago quarter as the chipmaker wrestled with shrinking demand for personal computers.
BANGOR, Maine, April 15- The Federal Reserve should "explicitly" state that it will keep interest rates near zero until the U.S. economy is within one year of reaching the central bank's employment and inflation goals, a top Fed policymaker said on Tuesday.
April 15- A U.S. federal court granted Zogenix Inc a preliminary injunction against a ban blocking the sale of its controversial opioid painkiller, Zohydro, in Massachusetts, citing public interest.
April 15- ConMed Corp, a surgical device maker that has been fighting off activist investors, is exploring a sale and has contacted large medical device companies to gauge their buyout interest, people familiar with the matter said on Tuesday.
April 15- A federal judge on Tuesday rejected a request by Standard& Poor's to split up the U.S. government's $5 billion lawsuit accusing it of lying about its credit ratings, paving the way for a single trial in the civil fraud case.
*Russia says Ukraine on brink of civil war. Russia declared Ukraine on the brink of civil war on Tuesday as Kiev said an "anti-terrorist operation" against pro- Moscow separatists was under way, with troops and armored personnel carriers seen near a flashpoint eastern town.
KRAMATORSK/SLAVIANSK, Ukraine, April 15- U krainian forces launched a "special operation" on Tuesday against separatist militia in the Russian-speaking east, authorities said, although aside from a landing by airborne troops the action was limited.
ATLANTA, April 15- The U.S. Federal Reserve is considering further steps to force big banks to hold more capital, and sees a case for other stability-enhancing measures for more shadowy areas of Wall Street as well, Fed Chair Janet Yellen said on Tuesday.
April 15- New York state's top financial regulator has ordered Credit Suisse to turn in the employment records of its former New York head as part of a widening investigation into potential tax evasion involving the Swiss bank, a source close to the matter told Reuters.
Four months later, Age Group and PetSmart struck a deal under which PetSmart would buy Stewart-branded pet products from Age Group. Martha Stewart Living disparaged Age Group to PetSmart and withheld approval of pet products to try to get PetSmart to contract directly with Martha Stewart Living, according to the complaint.
BRASILIA, April 15- The Brazilian government said on Tuesday it will aim for a higher fiscal savings goal for 2015, promising more austerity despite increasing worries of rising subsidies and slower growth in tax revenue as the economy flags.
*Russia says Ukraine on brink of civil war. Russia declared Ukraine on the brink of civil war as Kiev began a "special operation" against pro-Russian separatists in the eastern town of Kramatorsk and retook a main airfield there. Brent rose to near a six-week high on Monday after Western powers agreed to expand sanctions against Russia over Ukraine.
*German RWE begins small gas deliveries to Ukraine. VELKE KAPUSANY, Slovakia/ FRANKFURT, April 15- U nprecedented talks across the European Union on Tuesday showed it scrambling for solutions on the ground to break its dependence on Russian gas and help supply Ukraine.
*Concerns about Ukraine unrest buoy wheat futures. Wheat futures gained 3.4 percent, surging through the $7- a-bushel level, on fears that escalating political tensions in Ukraine would disrupt shipments of the grain from the key exporter. "The market last week was compressed on the China default news," said Dan Cekander, grains analyst with Newedge USA.
*Prices gain as Ukraine tensions spark safety buying. Treasury debt prices gained on Tuesday as rising tensions in Ukraine sparked a safety bid for U.S. bonds, and a weak manufacturing survey for New York state pointed to sluggish economic momentum.
April 15- Calling the stock market downdraft a correction contained to technology may be both optimistic and premature. Last week was the worst for the tech-heavy Nasdaq index since June 2012, and though all major U.S. indices finished the week lower the most striking losses were among shares which had enjoyed very strong upward momentum.
TORONTO, April 15- Bank of Nova Scotia sees Mexico as its most promising growth territory and is not deterred by a money-laundering scandal there involving Citigroup's Banamex unit, Scotiabank's head of international banking said on Tuesday.
WEST, Texas, April 15- Not far from an enormous crater where a fertilizer plant stood before an explosion there killed 15 people, lifeless and uprooted trees surround boarded-up homes spray-painted with "OK."