Latest Business News Wires - Business Headlines


  • WASHINGTON, Nov 23- A deal between Iran and six major powers halts progress on Iran's nuclear program, including its Arak reactor, a senior U.S. official said on Saturday. The official, speaking on condition of anonymity, said the deal would neutralize Iran's stockpile of 20 percent enriched uranium and calls for instrusive inspections.

  • GENEVA, Nov 24- Iran and six world powers reached a breakthrough agreement early on Sunday to curb Tehran's atomic ambitions in exchange for limited sanctions relief, in a first step towards resolving a dangerous decade-old standoff.

  • FRANKFURT, Nov 24- German labour union Verdi is preparing more strikes to step up pressure on Amazon, the world's biggest Internet retailer, in a dispute over pay and conditions, a newspaper reported. Amazon regards staff in Bad Hersfeld and Leipzig as logistics workers and says they receive above-average pay by the standards of that industry.

  • The bill raised hopes Pena Nieto was serious about breaking the hold a select few have on much of the economy, but a pile-up of pending bills in Congress has made the Dec. 9 deadline for the secondary telecoms legislation increasingly unlikely.

  • But people familiar with the discussions said that South Carolina, Alabama, Texas, Utah, California, Kansas, Missouri and Washington state are among the possibilities.

  • *Iran says its "right" to refine uranium must be recognised. GENEVA, Nov 23- Iran said on Saturday it cannot accept any agreement with six major powers that does not recognise what it describes as its right to enrich uranium, a demand the United States and its European allies have repeatedly rejected.

  • *Corruption is endemic in China. BEIJING, Nov 24- Chinese President Xi Jinping has raised expectations he will tackle corruption much more forcefully than his predecessors, but official data on investigations suggests the crackdown so far is little different to previous years.

  • INSIGHT-Kim Jong Un, North Korea's master builder Saturday, 23 Nov 2013 | 4:00 PM ET

    *Kim Jong Un makes North Korea infrastructure push. *North Korea betting on Chinese tourism to revive economy.

  • BERLIN, Nov 23- German Finance Minister Wolfgang Schaeuble said on Saturday that there were no longer any risks of contagion in the euro zone, and Greek Prime Minister Antonis Samaras stressed his country did not need a further bailout.

  • Eight of the most active business PACs wrote checks totaling $84,750 to 56 Republicans in the Senate and the House of Representatives after they voted against an Oct. 16 deal to re-open the government that had been shut down since Oct. 1 and avert an imminent debt default, according to a Reuters analysis.

  • FCC head says he's not a fan of in-flight calls Saturday, 23 Nov 2013 | 10:22 AM ET

    The head of the U.S. FCC said Friday he personally opposed cellphone use on planes but the decision would be up to airlines.

  • PARIS/ BEIJING, Nov 23- PSA Peugeot Citroen is interviewing candidates to replace Chief Executive Philippe Varin, after Chinese partner Dongfeng said a deeper alliance under negotiation should be accompanied by management change, sources with knowledge of the matter said.

  • *Nascent compromise on Iran's "right to enrich" uranium. *Fate of Iran's Arak heavy-water reactor remains dispute.

  • SEATTLE/ TOKYO, Nov 23- Boeing advised airlines on Friday about a risk of engine icing problems on its new 747-8 and 787 Dreamliner planes with engines made by General Electric, urging 15 carriers to avoid flying them near high-level thunderstorms.

  • *Nascent compromise on Iran's stated "right to enrich" uranium. *Fate of Iran's Arak heavy-water reactor remains key dispute. Secretary of State John Kerry arrived in Geneva on Saturday to join talks on Iran's contested nuclear programme with Tehran and six world powers appearing on the verge of a breakthrough to defuse the decade-old standoff.

  • TOKYO, Nov 23- Boeing and General Electric have notified airlines about engine icing risk on 747-8 airplanes and 787 Dreamliners with some GE engines, urging carries to avoid flying them near thunderstorms, a Boeing official said.

  • TOKYO, Nov 23- Japan Airlines said on Saturday it will pull Boeing 787 Dreamliners from two international routes after the U.S. aircraft maker notified it of icing problems in engines produced by General Electric.

  • *France's Fabius says in Geneva to reach "solid deal". Secretary of State John Kerry arrived in Geneva on Saturday to join talks on Iran's contested nuclear programme, as Tehran and six world powers appeared to be on the verge of a breakthrough in the decade-old dispute.

  • NEW YORK, Nov 23- Frosted fairies swoop between snow-covered trees as they guide a young boy from his bed to a whimsical forest with reindeer, angels and holiday magic. It's the Macy's flagship store in New York City, where six display windows have been transformed into an animated story.

  • Nov 22- Tobias Meyer, Sotheby's chief auctioneer, is leaving the auction house, the company said on Friday, just a week after Sotheby's recorded the highest sale in its history. "Tobias Meyer is a respected figure and has been at the center of signature moments in Sotheby's history for more than 20 years and we are grateful for all of his contributions," Ruprecht said.

Most Popular Video

Thursday, 24 Apr 2014 | 8:49 AM ET

Today CNBC's Jim Cramer explains why he wishes his charitable trust owned shares of Caterpillar, and shares his thoughts on the government's inability to create jobs.

Thursday, 24 Apr 2014 | 8:16 AM ET

Daniel Ernst, Hudson Square Research, provides perspective on Apple's earnings and growth potential. Apple is really innovating but they haven't done it in three years, Ernst says.

Thursday, 24 Apr 2014 | 8:02 AM ET

Doug Oberhelman, Caterpillar chairman & CEO, digs deep into the company's first quarter results and shares his outlook on global sales. CAT reported EPS of $1.44 on revenues of $13.24 billion, beating on both the top and bottom line.