GO
Loading...

Latest Business News Wires - Business Headlines

More

  • SAN FRANCISCO, Oct 7- Twitter Inc sued the U.S. Department of Justice on Tuesday, intensifying its battle with federal agencies as the Internet industry's self-described champion of free speech seeks the right to provide more specifics about the extent of U.S. government surveillance. Twitter's lawsuit follows an agreement between Internet companies like...

  • LONDON, Oct 7- Telecom operator Swisscom is considering a possible sale of its Italian broadband firm Fastweb, which is worth up to 5 billion euros and has been a target for Vodafone, sources familiar with the situation said. The Swiss majority state-owned firm, which has already rebuffed several takeover approaches from Vodafone for Fastweb, is now working with...

  • NEW YORK, Oct 7- The dollar fell against the yen for a second straight session on Tuesday, retracing most of its gains posted following last week's robust U.S. nonfarm payrolls report, but the decline came as no surprise after five straight weeks of rises. "While some shorter-term charts suggest the dollar rally may finally take a breather this week, the fundamental...

  • NEW YORK, Oct 7- Actavis Plc plans to make a new approach for Allergan Inc about a potential merger, as the Botox maker warms up to the possibility of a sale, said people familiar with the matter. Actavis, which held informal conversations with Allergan in recent months about a possible combination, would like to take a hard look at buying the company and could reach...

  • Oct 7- Wal-Mart Stores Inc, the biggest private-sector employer in the United States, said on Tuesday it was ending healthcare coverage for tens of thousands of part-time workers to cut costs in a move that could prompt other companies to follow suit. Wal-Mart flagged rising health care costs as a problem in August, when it cut its annual profit forecast.

  • NEW YORK, Oct 7- Shares of Coca-Cola Co rose to their highest level since 1998 on Tuesday, bucking the downward trend of the broader market. The beverage giant rose 0.7 percent to $43.90, moving within a dollar of its all-time intraday high of $44.44, hit on July 15, 1998. In a sign of the market's recent weakness, there has not been a day when the number of highs on the NYSE...

  • WASHINGTON, Oct 7- U.S. consumer credit increased less than expected in August and growth for the prior month was revised lower, giving a cautious signal about the pace of economic expansion. Total consumer credit rose $13.5 billion to $3.25 trillion in August, the Federal Reserve said on Tuesday. The figure for July was revised down to show a gain of $21.6 billion.

  • WASHINGTON, Oct 7- Federal health officials are preparing to require tougher Ebola screening at U.S. airports this week, Senator Chuck Schumer said on Tuesday. The new measures may include screening air travelers for fever when they arrive in the United States from the worst-stricken countries in West Africa, on direct or indirect flights, Schumer said in a...

  • Laguna Niguel, Calif., Oct 7- Billionaire investor Warren Buffett on Tuesday predicted Democrat Hillary Clinton would run for the U.S. presidency in 2016 and win. "Hillary is going to run," said Buffett, the chairman and chief executive of conglomerate Berkshire Hathaway Inc, speaking at Fortune's Most Powerful Women Summit in Laguna Niguel, California.

  • SAN FRANCISCO, Oct 7- Twitter Inc has sued the U.S. Department of Justice and the Federal Bureau of Investigation seeking the right to provide more specifics about the extent of U.S. government surveillance and requests for information from federal agencies. The lawsuit, filed with the U.S. District Court of Northern California on Tuesday, follows an agreement...

  • NEW YORK, Oct 7- U.S. stocks were falling on Tuesday as weak data out of Germany added to concerns about possible headwinds to corporate outlooks ahead of the start of earnings season. Adding to concerns, the International Monetary Fund cut its global economic growth forecasts for the third time this year, warning of weaker growth in core euro zone countries, Japan...

  • *Twitter comments on prohibition from reporting on actual scope of surveillance of Twitter users by the U.S. government. *Says ability to speak restricted by laws that prohibit us from disclosing number of national security letters, FISA court orders received. *Says Twitter's lawsuit lists Eric Holder, attorney general of U.S., DOJ, James Comey, director of FBI, and...

  • *Canada lobbied against previous labelling proposal. BRUSSELS/ CALGARY, Oct 7- A European Union plan to label Canadian tar sands oil as highly polluting as part of its fight against climate change has been abandoned after years of opposition from Canada, clearing the way for exports of tar sands crude to the European market. Canada sees Europe as a potential...

  • SENATOR SAYS EXPECTS FEDERAL HEALTH OFFICIALS TO UNVEIL TOUGHER EBOLA SCREENING REQUIREMENTS THIS WEEK.

  • HONG KONG, Oct 7- Chinese developer Agile Property said allegations against the company spreading on the Internet were "entirely groundless and totally fabricated," after its bond yields leapt this week as speculation flared over why trading in the company's shares on the Hong Kong Stock Exchange had been suspended on Friday. Agile has over $2 billion worth of...

  • JANUS BOND CHIEF GIBSON SMITH SAYS HE WAS CONSULTED BY CEO WEIL BEFORE HIRING OF PIMCO'S BILL GROSS.

  • SMITH SAYS HE IS STAYING AT JANUS, SAYS HIS TEAM' STAYING INTACT' IN SEPARATE BUSINESS FROM GROSS.

  • SMITH SAYS JANUS CEO RICHARD WEIL OFFERS' TREMENDOUS AMOUNT' OF SUPPORT.

  • *Palladium posts biggest growth in over 6 months. NEW YORK/ LONDON, Oct 7- Gold rose on Tuesday as its safe-haven appeal increased after the International Monetary Fund cut its global economic growth forecasts and weak German industrial data stoked further growth concerns. "Following yesterday's rally, traders are in a wait-and-see attitude now after the IMF...

  • NEW YORK, Oct 7- Crude oil prices fell on Tuesday as signs of weak demand for petroleum and ample supply continued to push prices toward multi-month lows. The International Monetary Fund cut its global economic growth forecasts for the third time this year on Tuesday, warning of weaker growth in core euro zone countries, Japan and big emerging markets like Brazil.