GO
Loading...

Enter multiple symbols separated by commas

Latest Business News Wires - Business Headlines

More

  • ALBANY, N.Y., Feb 19- New York state's top court on Thursday reversed a 2013 ruling that found Barclays Plc liable in a $300 million dispute with hedge fund Black Diamond Capital over the British bank's refusal to pay back collateral. Connecticut- based Black Diamond filed a lawsuit against Barclays in 2008, claiming it had defaulted on a $40 million collateral...

  • NEW YORK, Feb 19- Capnia Inc shares were volatile on Thursday, seesawing between gains and losses after a two-day rally that sent the stock to a record high. After closing at $5.96 in the prior session, the stock swung between gains and losses on Thursday, climbing to an intraday high of $6.72 and touching a low of $5.29. Capnia said the measurement is used to detect...

  • District Judge Nicholas Garaufis of Brooklyn, who last year oversaw a trial in which the U.S. Justice Department and 17 states accused Amex of harming competition, said he would come up with a remedy at a later date.

  • *Business could campaign to keep Britain in EU. LONDON, Feb 19- British opposition leader Ed Miliband has so alarmed business executives with his talk of' asset strippers' and' tax dodgers' that many want a Conservative win at the election, even if it carries the risk of an exit from Europe. As a result, executives are backing David Cameron's Conservatives, even though...

  • *Optimism for Greece debt deal caps euro losses. NEW YORK, Feb 19- The U.S. dollar edged higher against major currencies on Thursday after traders discounted Wednesday's cautious minutes from the latest Federal Reserve policy meeting, while optimism for a Greece debt deal limited the euro's losses. "There's a reconsideration in terms of the extent to which the...

  • *North Sea, West Africa, Brazil projects most vulnerable. OSLO, Feb 19- The global oil service industry will have to cut more jobs and idle more rigs following the slump in crude prices and companies must reshape their business models to get a grip on costs, the CEO of U.S. firm FMC Technologies said on Thursday. One of the world's biggest subsea equipment suppliers, FMC...

  • *Greece's bailout plan soothes jitters but Germany rejects. NEW YORK, Feb 19- Stocks markets around the world reversed earlier gains on Thursday, with European equities retreating from seven-year highs, after Germany rejected a Greek proposal to extend its bailout and as oil prices dropped. "At this point, investors think that even if a deal is reached, it won't...

  • ALBANY, N.Y., Feb 19- New York's top state court on Thursday reversed a 2013 ruling that had found Barclays PLC liable in a $300 million dispute with hedge fund Black Diamond Capital over the British bank's refusal to pay back collateral. The Connecticut- based fund filed a lawsuit against Barclays in 2008, claiming it had defaulted on a $40 million collateral call...

  • Baltic index rebounds slightly from record low Thursday, 19 Feb 2015 | 10:20 AM ET

    Feb 19- The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged up slightly on Thursday on higher rates for panamaxes and smaller vessels. Average daily earnings for panamaxes were up $17 to $4,127. Average daily earnings for capesizes, which typically transport 150,000 tonne cargoes such as iron ore and...

  • BEIJING, Feb 19- China's Lenovo Group Ltd, the world's largest PC maker, said on Thursday it will no longer pre-install software that cybersecurity experts said was malicious and made devices vulnerable to hacking. Lenovo had come under fire from security researchers who said earlier on Thursday the company pre-installed a virus-like software from a company...

  • NEW YORK, Feb 19- U.S. stocks fell on Thursday, with energy shares leading the way lower amid a sharp decline in oil prices, while continued uncertainty over the prospects of a debt deal with Greece added to the cautious tone. On the upside, Priceline Group rallied on its results, helping keep the Nasdaq slightly positive. Exxon Mobil fell 1.2 percent to $89.95 while...

  • NEW YORK, Feb 19- UBS AG has reached a settlement with Croatia of a lawsuit filed in New York federal court claiming the republic owed it $45 million on defaulted debt assumed after the breakup of Yugoslavia. UBS filed the lawsuit in October, saying Croatia owed it nearly $45.1 million in principal and interest on the defaulted debt. In 2001, the country's...

  • U.S. leading indicator points to moderate growth Thursday, 19 Feb 2015 | 10:07 AM ET

    WASHINGTON, Feb 19- A gauge of future U.S. economic activity rose marginally in January, suggesting a moderation in growth early in the first quarter. The Conference Board said on Thursday that its Leading Economic Index increased 0.2 percent last month after a downwardly revised 0.4 percent advance in December. Economists polled by Reuters had forecast the...

  • Feb 19- General Motors Co on Thursday named Craig Glidden, chief legal officer at chemicals company LyondellBasell Industries NV, as its general counsel, succeeding Michael Millikin, who is retiring in July. Glidden, 57, helped steer LyondellBasell out of bankruptcy and through restructuring. Glidden has been LyondellBasell's top lawyer since 2009, the same...

  • LONDON, Feb 19- Consumption of gasoline and diesel in Texas is growing faster than at any time since the financial crisis, as an improving economy and lower fuel prices encourage more use of cars and trucks on the state's roads. Texas collected almost $288 million in motor fuel taxes last month compared with $264 million in January 2014, according to the...

  • *Carrefour to open first Kenya store this year. *Kenya seen as gateway to regional trade. Kenya, with a GDP of $53.4 billion, is a gateway to regional trade, but it holds other attractions for retail investors.

  • MOSCOW/ KIEV, Feb 19- Russia started supplying gas to rebel-held eastern Ukraine on Thursday after Kiev suspended supplies because of damage to the networks from heavy fighting, which is continuing despite a ceasefire. Responding to an order from Russian Prime Minister Dmitry Medvedev to supply gas to east Ukraine as humanitarian aid, gas company Gazprom said...

  • Feb 19- Wal-Mart Stores Inc, long criticized for its low wages and employee benefits, said it would spend more than $1 billion to increase pay for half a million U.S. employees this year. Wal-Mart said on Thursday its hourly full-time and part-time workers will earn at least $9.00 an hour, or $1.75 above the current federal minimum wage, starting in April.

  • TORONTO, Feb 19- The Canadian police laid corruption charges against SNC-Lavalin Group and some of its units on Thursday, in relation to their operations in Libya. A statement from the Royal Canadian Mounted Police said it had charged SNC-Lavalin, SNC-Lavalin Construction Inc. and SNC-Lavalin International Inc. with offering C $47.7 million in bribes to...

  • NEW YORK, Feb 19- U.S. stocks were little changed at the open on Thursday, with major indexes near record levels, as investors continued to digest ongoing uncertainty over Greece.