Latest Business News Wires - Business Headlines


  • BOCA RATON, Florida, March 14- CME Group Inc, the world's largest futures exchange operator, is facing mounting criticism from brokers over fee increases that are set to raise costs for futures customers.

  • UPDATE 1-Sina Weibo files for $500 million U.S. IPO Friday, 14 Mar 2014 | 6:34 PM ET

    SAN FRANCISCO, March 14- Twitter- like messaging service Weibo Corp filed on Friday to raise $500 million via a U.S. initial public offering, as Chinese companies flock to the American market in record numbers to take advantage of soaring valuations.

  • NEW YORK, March 14- Investors will start the week early as the Sunday referendum to decide if Crimea becomes part of Russia or remains Ukrainian will likely reverberate in markets worldwide.

  • WASHINGTON, March 14- A division of the U.S. Commerce Department said on Friday it would give up control of the group that manages much of the architecture of the Internet, including the parceling out of domain names.

  • *USDA quarterly hog report holds key in disease puzzle. CHICAGO/ NEW YORK, March 14- Fund managers and traders have chased hog prices on the Chicago Mercantile Exchange to record highs on fear of a deadly pig virus, but a market reversal is likely if government data in the next two weeks shows no major damage from the disease.

  • March 14- Backers of a ballot measure to cut California's public pensions, which was seen as a model for other states, abandoned their campaign to win voter support on Friday after a court ruling.

  • Boeing CEO McNerney earns $23.3 mln in 2013 Friday, 14 Mar 2014 | 6:10 PM ET

    March 14- Boeing Co's Chief Executive W. James McNerney earned $23.3 million in 2013 compared with $27.5 million in 2012, as the value of his pension was unchanged last year. Boeing said last week that it would end pension plans for 68,000 non-union employees, including McNerney, effective Jan. 1, 2016.

  • March 14- Tesla Motors Inc escalated its war of words with New Jersey on Friday, lambasting a regulatory change approved by the state earlier this week that bars the "green car" company from selling vehicles directly to the public.

  • WASHINGTON, March 14- HTC Corp and others did not violate digital camera patents owned by Apple Inc spinoff FlashPoint Technology to make their smartphones, the U.S. International Trade Commission said on Friday.

  • WASHINGTON, March 14- The Republican-run U.S. House of Representatives on Friday approved a bipartisan deal to spare doctors from a looming Medicare pay cut but included a provision to undermine Obamacare, which critics said was a non-starter in the Democratic-controlled Senate.

  • WASHINGTON, March 14- The Pentagon's decision to retire the entire U.S. fleet of popular A-10 "Warthog" aircraft is painful but necessary as the military is forced to save money now to develop tomorrow's weapons, Air Force leaders said on Friday.

  • NEW YORK, March 14- General Motors was hit with a lawsuit on Friday from customers who said their vehicles lost value because of ignition problems that prompted a recall of 1.6 million cars.

  • WASHINGTON, March 14- HTC Corp and others did not violate digital camera patents owned by Apple Inc. spinoff FlashPoint Technology to make its Android smartphones, the U.S. International Trade Commission said on Friday.

  • March 14- An experimental Amgen Inc cancer vaccine used to treat advanced melanoma, the deadliest form of skin cancer, proved effective in a late-stage study in shrinking tumors in a way that suggests the drug triggered the intended systemic immune response, according to data presented on Friday.

  • NEW YORK, March 14- Growing tension between the West and Russia ahead of Ukraine's weekend referendum in Crimea pushed down stocks on major world markets on Friday and drove up buying of safe-haven gold and the yen.

  • VANCOUVER, March 14- Representatives of unionized and nonunionized container truck drivers at Port Metro Vancouver were set to meet with government and port officials on Friday to discuss a plan designed to end a 14- day strike at Canada's largest port.

  • NEW YORK, March 14- Wall Street ended lower on Friday with all three major stock indexes down for the week, as concerns over tensions between Ukraine and Russia escalated ahead of a referendum in Crimea this weekend.

  • March 14- Smithfield Foods Inc, the world's largest pork processor, suspended hog slaughter at its Tar Heel, North Carolina, plant on Friday because of the spread of the deadly Porcine Epidemic Diarrhea virus which has tightened hog supplies, industry sources said.

  • MADRID, March 14- A consortium led by Spain's Sacyr has signed a deal to complete work on widening the 100- year-old Panama Canal, it said on Friday, settling a long-running dispute over cost overruns that had put the multi-billion-dollar project in jeopardy.

  • Treasuries prices edged higher on Friday on rising tensions between the West and Russia ahead of Ukraine's weekend referendum in Crimea, while data showing continued low inflation and weak consumer sentiment supported safe-haven bids.