GO
Loading...

Latest Business News Wires - Business Headlines

More

  • Is China's Economy Now in a Sweet Spot? Sunday, 9 Dec 2012 | 2:52 AM ET

    Growth in China's factory output and retail sales hit an eight-month high in November as consumer inflation bounced off 33-month lows in the latest sign that its economy is snapping out of a protracted slump.

  • A Positive Sign for Greece in Debt Buyback Saturday, 8 Dec 2012 | 5:38 AM ET

    Greek and foreign bondholders offered the targeted 30 billion euros in a debt buyback that is key to the country's international bailout, a Greek government official said on Saturday, suggesting the plan had broadly succeeded.

  • Steven A. Cohen, Founder and CEO of SAC Capital.

    U.S. authorities are investigating Steven A. Cohen's SAC Capital Advisers hedge fund for alleged insider trading in the shares of the popular diet company Weight Watchers International, according to people familiar with the matter.

  • Canada Approves China's Biggest Foreign Takeover Friday, 7 Dec 2012 | 11:18 PM ET
    The Cnooc Ltd. headquarters stand in Beijing, China

    Canada has approved China's biggest ever foreign takeover, the $15.1 billion bid from CNOOC for energy company Nexen, but has drawn a line in the sand against future buys by state-owned enterprises.

  • US Energy Agency Adopts Brent, Drops US Crude Friday, 7 Dec 2012 | 5:13 AM ET

    The U.S. government's energy agency has adopted North Sea Brent crude as its benchmark for oil forecasts, dropping its domestic benchmark.

  • Boehner, White House Resume Talks on 'Fiscal Cliff' Thursday, 6 Dec 2012 | 5:02 PM ET
    President Barack Obama and Speaker of the House John Boehner

    GOP House Speaker John Boehner and Obama aides have resumed talks on averting the "fiscal cliff."

  • US Union Accuses Maersk of Spying on It Thursday, 6 Dec 2012 | 5:13 AM ET
    A worker drives a Kalmar reachstacker truck loaded with an AP Moeller-Maersk A/S shipping container.

    A U.S. port workers union has accused APM Terminals, a port operator of A.P. Moller-Maersk, of spying on union representatives in Los Angeles by tapping their phones.

  • Big Lots store in Clifton, New Jersey.

    U.S. regulators are investigating a $10 million stock sale in March by Big Lots CEO Steven Fishman, who announced his retirement on Tuesday, The Wall Street Journal reported.

  • Basic Hygiene at Risk in Debt-Stricken Greek Hospitals Wednesday, 5 Dec 2012 | 5:40 AM ET
    Since 2000, the number of trained nurses entering the job market has increased, but demand is expected to outpace it  according to the Bureau of Labor Statistics. This leaves many nursing positions unfilled.“There are lots of different nursing categories, but there are always shortages,” said Tony Lee, publisher of  and  “Every time they go through a hiring binge, they have to have another one six months later because of demand.”

    Greek hospitals are in such dire straits that staff are failing to keep up basic disease controls such as using gloves and gowns, threatening a rise in multi-drug-resistant infections, according to Europe's top health official.

  • Tesco Launches Strategic Review of US Chain Wednesday, 5 Dec 2012 | 2:35 AM ET

    Britain's Tesco, the world's No. 3 retailer, has launched a strategic review of its loss-making United States chain Fresh & Easy.

  • Members of International Longshore and Warehouse Union Local 63 Office Clerical Unit walk a picket line near APM Terminals, halting cargo at the busiest seaport complex in the nation.

    Striking harbor clerks reached a tentative contract deal with management at the twin ports of Los Angeles and Long Beach on Tuesday night.

  • France, Germany Clash Over Banking Union Plan Tuesday, 4 Dec 2012 | 7:59 AM ET

    Germany and France publicly clashed on Tuesday over plans to put the European Central Bank in charge of supervising banks, deepening a dispute over the scope of the ECB's powers that threatens to undermine one of Europe's boldest reforms.

  • Austin, Texas

    Every day, about 10 Kansas City Southern trains hauling everything from cars to chemicals crisscross the border between Mexico and the United States at Laredo, Texas, up from about six three years ago.

  • Soft Power: China's Wanda Eyes US Hotel, Movie Deals Tuesday, 4 Dec 2012 | 12:10 AM ET
    Hollywood, California

    Dalian Wanda Group, the world's biggest owner of movie theaters, is in talks with Hollywood studios to co-produce films and is looking to buy and build hotels in U.S. cities as it eyes a $10 billion "soft power" spending spree.

  • Startup Village wants to help engineers develop 1,000 Internet and mobile companies in the next 10 years. It provides members with office space, guidance and a chance to hobnob with the stars of the tech industry.

  • Australia Central Bank Cuts Rate to Record Low Monday, 3 Dec 2012 | 10:40 PM ET
    Sydney Harbour, Australia

    Australia's central bank on Tuesday cut its main cash rate a quarter point to 3.0 percent to match the record lows from the global financial crisis.

  • Republicans Reject Tax Hike in 'Fiscal Cliff' Offer Monday, 3 Dec 2012 | 10:17 PM ET

    Republicans proposed steep spending cuts on Monday but gave no ground on President Barack Obama's call to raise taxes on the wealthiest in their first formal proposal to avert a "fiscal cliff" that could push the U.S. economy into recession.

  • ADM Ups Pressure on GrainCorp With $2.9 Billion Bid Monday, 3 Dec 2012 | 9:02 PM ET

    U.S. agribusiness giant Archer Daniels Midland tightened its grip on GrainCorp, hiking its bid to $2.9 billion, but may need to offer more to win over Australia's last major independent grains handler.

  • Gold Settles Higher at $1,721 on Data, Dollar Monday, 3 Dec 2012 | 3:41 PM ET

    Gold edged up in quiet trade on a dollar drop and a mixed bag of U.S. and Chinese manufacturing data.

  • Australia's Crackdown on Google Taxes Has Risks Sunday, 2 Dec 2012 | 10:51 PM ET

    Australia faces an uphill battle to capture a greater share of tax revenue from multinationals such as Google and needs to work with its trading partners to avoid scaring away investors with an image as a high tax nation, experts say.