Latest Business News Wires - Business Headlines


  • NEW YORK, March 5- U.S. stocks closed little changed on Wednesday as investors shrugged off soft data on jobs and the services sector while keeping an eye on developments in Ukraine.

  • SINGAPORE, March 6- Some of those who have lost bitcoins in the collapse of Mt. "The crowdsourcing so far has been a miserable failure," said Emin Gun Sirer of Cornell University, who posted his own analysis challenging several theories about what may have happened at Mt. Mark Karpeles, the 28- year-old French CEO of Tokyo- based bitcoin exchange Mt.

  • CHIBA CITY, Japan, March 6- When it comes to trade policy, Prime Minister Shinzo Abe faces a choice between the fears of Japan's ageing farm lobby and the hopes of suburban families lined up here at a nearly 20- metre long meat counter in a mall showcasing Australian beef.

  • WASHINGTON, March 5- The Republican-led U.S. House of Representatives voted on Wednesday to delay for one year the tax penalty Americans will pay under President Barack Obama's healthcare law if they decline to enroll in health coverage for this year.

  • LONDON, March 5- The Bank of England revealed on Wednesday that allegations of rigging of world currency markets had been flagged as far back as mid-2006 as it suspended a staff member as part of a probe into what it knew about the alleged manipulation.

  • WASHINGTON, March 5- Alpha Natural Resources Inc., one of the largest U.S. coal companies, and dozens of subsidiaries have reached a consent decree to settle a complaint about pollution from coal mines, federal authorities said on Wednesday.

  • WASHINGTON, March 5- A New York proprietary trading firm and its owner will pay $7.2 million to settle civil charges in what U.S. regulators said on Wednesday marks the largest fine it ever imposed for certain short-selling violations.

  • SAN FRANCISCO, March 5- A U.S. jury on Wednesday convicted a California businessman of stealing DuPont trade secrets to help a state-owned Chinese company develop a white pigment used in a wide range of products.

  • Sarah Harris, AOL's deputy general counsel for intellectual property, will fill a post that has been empty since Aug. 30, when the former general counsel, Bernard Knight, returned to private practice.

  • U.S.-listed fuel cell makers, already on a tear in recent months, have surged in value since Plug Power Inc announced a contract last week to supply Wal-Mart Stores Inc.

  • NEW YORK, March 5- Business Insider raised $12 million in another round of capital from investors including Amazon's Jeff Bezos, Institutional Venture Partners, RRE Ventures and former Wall Street Journal publisher Gordon Crovitz, according to a Wednesday post by its founder Henry Blodget.

  • WASHINGTON, March 5- A financial aid package for Ukraine that the U.S. House of Representatives plans to vote on soon will not include funding for the International Monetary Fund, a senior House Republican aide said on Wednesday.

  • *Qatar Airways defends traditional seatback movie systems. The scheme would be available on routes such as Europe to Russia, Middle East or North Africa, starting with 20 Airbus A321 aircraft, which carry about 220 people, the airline said. It competes with streaming systems developed by France's Thales and Japan's Panasonic Avionics.

  • DETROIT, March 5- Poor sales of the compact Dodge Dart led to a week of layoffs for 325 workers at the Fiat Chrysler Automobiles plant in Belvidere, Illinois, a company spokeswoman said on Wednesday.

  • WASHINGTON, March 5- Severe weather across much of the United States took a toll on shopping and consumer spending in recent weeks, leading to slower economic growth or outright contraction in some areas of the country, the Federal Reserve said on Wednesday. Growth slowed in Chicago and activity was stable in Kansas City.

  • Ukraine tensions diminish, safety buying abates. Treasury debt prices were flat on Wednesday as weather-clouded data sidelined investors and tensions in Ukraine calmed.

  • Four billionaires, one telecoms company up for grabs Wednesday, 5 Mar 2014 | 3:07 PM ET

    *Vivendi's SFR coveted by Bouygues, Numericable. SFR's owner, Vivendi, confirmed receipt of two offers for France's second-biggest telecom group on Wednesday. The bidders are cable operator Numericable- backed by Patrick Drahi, number 215 on Forbes' billionaires list- and Bouygues- the family company of Martin Bouygues, Forbes' billionaire number 408..

  • NEW YORK, March 5- Federal Reserve Chair Janet Yellen vowed on Wednesday to do all that she can to boost a U.S. economy that is running well short of the central bank's objectives.

  • Russia's military mobilisation on Ukraine's borders over the past week was an echo of the sort of geopolitical event that used to send international investors scurrying for cover over the past 50 years. Gold prices jumped 2 percent; the U.S. dollar and Treasury bonds strengthened alongside other top-rated securities such as German government bonds.

  • Amid activist pressure Darden cancels investor meeting Wednesday, 5 Mar 2014 | 2:54 PM ET

    LOS ANGELES, March 5- Darden Restaurants Inc has canceled its analyst and investor meeting slated for later this month as two activist shareholders lobby for bolder steps to improve performance at its restaurant chains, ranging from Olive Garden to Capital Grille.