Latest Business News Wires - Business Headlines


  • Russian sanctions eyed as Crimea referendum approaches Friday, 14 Mar 2014 | 11:15 PM ET
    Ukrainian soldiers stand inside a Ukrainian military base as unidentified heavily armed soldiers stand outside, March 3, 2014, in Perevalne, Ukraine.

    Moscow shipped more troops and armor into Crimea on Friday, showing no sign of bowing to Western demands to pull back.

  • PALO ALTO, Calif., March 14- Stanley Fischer, U.S. "We tend to underestimate the lags in receiving information and the lags with which policy decisions affect the economy," he said in remarks prepared for delivery to the Stanford Institute on Economic Policy.

  • March 14- A class-action lawsuit has been filed in Canada against Mt. Gox, the leading bitcoin exchange that lost more than $400 million of customers' digital currency, along with Mizuho Bank Ltd, one of Japan's largest lenders. The lawsuit, filed Friday in the Ontario Superior Court of Justice, comes just days after Mt.

  • The Commerce Department maintains the master database for such top-level domain names as. com and. net, as well as the corresponding numeric addresses, but has contracted out that work to the Internet Corporation for Assigned Names and Numbers.

  • NEW YORK, March 14- General Motors was hit on Friday with what appeared to be the first lawsuit related to the recall of 1.6 million cars, as customers claimed their vehicles lost value because of ignition problems blamed for a series of fatal crashes.

  • DIARY - Top economic Events to Mar 28 Friday, 14 Mar 2014 | 8:01 PM ET

    Treasury Secretary Jacob Lew will meet Brazilian Finance Minister Guido Mantega and Brazilian Central Bank Governor Alexandre Tombini. LONDON- Bank of England Deputy Governor for Financial Stability John Cunliffe will take part in a conference at Chatham House titled "New Rules on Market Structure, Trading and Funding"- 0930 GMT.

  • WASHINGTON, March 14- For-profit colleges on Friday criticized the Obama administration's proposal to deny federal funding to career-training institutions that students leave with high levels of debt.

  • STERLING HEIGHTS, Michigan March 14- Fiat Chrysler Automobiles should see a better first quarter than the automaker had last year, its chief executive Sergio Marchionne said on Friday.

  • TRIPOLI, March 14- Libya's state oil company on Friday declared force majeure for the Hariga oil export port in eastern Libya, which has been blocked by protesters since August. State-owned National Oil Corp had lifted the suspension of contractual obligations under force majeure at Hariga at the end of October.

  • 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.