Latest Business News Wires - Business Headlines
More
-
SAN FRANCISCO, Oct 29- Advanced Micro Devices Inc plans to use technology from Britain's ARM Holdings Plc to make energy-efficient processors for servers, a growing business that the troubled chipmaker hopes will help offset weakness in the struggling PC industry.
-
TOKYO, Oct 30- Japan's industrial output dropped 4.1 percent in September, marking the biggest decline since the aftermath of last year's earthquake, government data showed, in a sign the global slowdown and territorial rows with China dampened factory activity.
-
SINGAPORE, Oct 30- U.S. crude oil futures slipped to just above $85 a barrel on Tuesday, near the lowest in more than three months, as Hurricane Sandy shut East Coast refineries, roads and airports, reducing crude and fuel demand in the world's largest oil consumer.
-
*EBay to take pretax restructuring charge of $15 mln. PayPal, the online payment pioneer owned by eBay Inc, said on Monday the full-time jobs would be eliminated as it combines nine product-development groups into one. EBay will take a $15 million pretax restructuring charge in the fourth quarter related to the job reductions.
-
Throughout Manhattan and Brooklyn, few store owners had even bothered to board up their buildings. ''said Chris Conway, a 41- year-old who lives in the Chelsea area of Manhattan, not far from the Hudson River. ``Four different kinds of Tabasco and one jar of A-1 steak sauce.''.
-
CHICAGO, Oct 29- CME Group Inc will maintain the nearly round-the-clock electronic grain-trading that it implemented in May despite criticism by some traders that the new format is hurting market liquidity, a top executive told Reuters on Monday. The exchange expanded the grain trading session to fend off a challenge from rival IntercontinentalExchange.
-
TOKYO, Oct 30- Japan's Nikkei share average is expected to hold in a narrow range early on Tuesday ahead of a much-anticipated meeting by the Bank of Japan, which is widely expected to ease monetary policy.
-
Oct 29- Hurricane Sandy is expected to come ashore at about 8:00 P.M. EDT on the storm-battered northeast U.S. coast, the U.S. National Hurricane Center said on Monday. Sandy was centered about 20 miles south of Atlantic City, New Jersey, the center said.
-
*Singapore Airlines seen gaining exposure with 10 pct Virgin stake. MELBOURNE, Oct 30- Virgin Australia Holdings Ltd said alliance partner Singapore Airlines will buy a 10 percent stake for A $105 million, helping it compete with Qantas Airways in the lucrative Australian market.
-
SAN FRANCISCO, Oct 29- Stanford University alumni with entrepreneurial streaks may be particularly well placed to pay off their $41,250 tuition bills, according to a new report on venture funding. That compares to $3.8 billion by Harvard alumni, whose rank was boosted by former student Mark Zuckerberg's Facebook, CB Insights said.
-
ZURICH, Oct 30- UBS is expected to reveal plans on Tuesday to wind down its fixed income business and fire 10,000 bankers, with shareholders cheering one of the biggest bonfires of finance jobs since the implosion of Lehman Brothers in 2008..
-
SAN FRANCISCO, Oct 29- Stanford University alumni with entrepreneurial streaks may be particularly well placed to pay off their $41,250 tuition bills, according to a new report on venture funding. That compares to $3.8 billion by Harvard alumni, whose rank was boosted by former student Mark Zuckerberg's Facebook, CB Insights said.
-
*Comments from governor's briefing seen after 0715 GMT. TOKYO, Oct 30- The Bank of Japan is expected to ease monetary policy on Tuesday for the second straight month by increasing asset purchases, as slumping exports heighten pressure for bolder action to beat deflation and support an economy on the cusp of recession.
-
TOKYO, Oct 30- The Bank of Japan is expected to ease monetary policy on Tuesday by expanding asset purchases as slumping exports heighten pressure for bolder action to support an economy on the verge of recession. The BOJ doubled the size of its asset purchases by 10 trillion yen just after last year's devastating earthquake.
-
WASHINGTON/ NEW YORK, Oct 29- Hurricane Sandy is shaping up to be one of the biggest storms ever to hit the United States but even with the severe damage that is expected, the blow to the economy is seen as short-term.
-
Oct 29- Hurricane Sandy will close U.S. stock markets for a second day on Tuesday, as Wall Street turned its attention to whether markets would be able to resume functioning on the month's final trading day on Wednesday. NYSE Euronext and Nasdaq OMX Group, the largest two U.S. exchange operators, said they intend to reopen Wednesday, conditions permitting.
-
SAN FRANCISCO, Oct 29- A handful of individual super-donors, business groups and unions have poured more than $350 million into California ballot initiatives ahead of the Nov. 6 election, underscoring the extent to which the state's system of ``direct democracy'' has morphed into a big-money battleground.
-
SAN FRANCISCO, Oct 29- Apple Inc Chief Executive Tim Cook on Monday replaced the heads of its software and retail units in the company's most sweeping executive shake-up in a decade following embarrassing problems with its new mapping program and unpopular store-related decisions.
-
SYDNEY, Oct 30- The yen held near four-month lows versus the dollar on Tuesday as markets counted down to a certain policy easing by the Bank of Japan, though investors fear it will again stop short of the bold action the economy needs.
-
NEW YORK/ REHOBOTH BEACH- Hurricane Sandy, one of the biggest storms ever to hit the United States, battered the densely populated East Coast on Monday, shutting down transportation, forcing evacuations in flood-prone areas and interrupting the presidential election campaign.
Most Popular Video
The Federal Reserve won't change course on quantitative easing this week, Steve Weiss of Short Hills Capital says.
Tuesday, 18 Jun 2013 | 7:10 AM ETAn airline passenger records a Chinese cargo handler as he tosses boxes of something on to and off of a conveyor belt for shipment. Hopefully, the cargo was packed well.
Tuesday, 18 Jun 2013 | 9:33 AM ETPlans to take PC maker Dell private by leveraging the company's balance sheet are misguided, CNBC's Jim Cramer said on "Squawk on the Street" Tuesday, because the company is facing lower margins and an increased competition from rival Hewlett Packard.