Latest Business News Wires - Business Headlines


  • Apple security flaw could let hackers beat encryption Saturday, 22 Feb 2014 | 2:51 AM ET

    A major flaw in Apple software for mobile devices could allow hackers to intercept email and other communications that are meant to be encrypted.

  • G-20 mulls ambitious target for global growth Friday, 21 Feb 2014 | 10:47 PM ET
    Australian Treasurer Joe Hockey

    The world's top 20 economies may agree to set an ambitious target for faster global growth at a weekend meeting in Sydney.

  • Citadel's dark pool surges in volume Friday, 21 Feb 2014 | 12:42 PM ET

    Citadel Connect has nearly tripled in the past year, making it one of the largest U.S. dark pools—where investors can trade anonymously.

  • BlackBerry CEO assails T-Mobile US promo Wednesday, 19 Feb 2014 | 11:13 AM ET
    John Chen

    BlackBerry CEO John Chen criticized T-Mobile, calling ill-conceived a promotion that encourages customers using BlackBerrys to upgrade to iPhones.

  • Foreigners hit sell button on US assets in Dec. Tuesday, 18 Feb 2014 | 11:11 AM ET

    Foreigners sold long-dated U.S. securities for a second month in December, selling almost all asset classes except Treasurys, data showed.

  • Sweet: 'Candy Crush' maker King to list in New York Tuesday, 18 Feb 2014 | 7:16 AM ET

    King Digital Entertainment, the gaming firm behind online game Candy Crush, said on Tuesday it would list on the New York Stock Exchange.

  • BHP Billiton boosts profit, paves way for buyback Monday, 17 Feb 2014 | 6:13 PM ET

    BHP Billiton reported a 31 percent rise in first-half profit on Tuesday and signaled it would consider a dividend hike in August.

  • Top hedge funds cling to eBay, Apple in fourth quarter Saturday, 15 Feb 2014 | 7:15 AM ET
    Carl Icahn

    E-commerce auction house eBay became a darling among top U.S. hedge funds in the fourth quarter just before billionaire activist investor Carl Icahn urged the company to spin off its PayPal payments business, regulatory filings showed on Friday.

  • US to let banks do business with licensed pot shops Saturday, 15 Feb 2014 | 6:10 AM ET

    The Obama administration made it easier on Friday for banks to do business with licensed marijuana companies with less fear of prosecution, further encouraging U.S. states that are experimenting with legalization of the drug.

  • Toyota issues second recall in a week Friday, 14 Feb 2014 | 10:06 AM ET
    The 2012 Toyota Rav4 are part of a recall to address a braking problem.

    Safety systems on 261,114 Lexus and Toyota vehicles in the United States, including stability control and anti-lock brakes, could fail.

  • Freddie Mac gets (some) money back from Lehman Thursday, 13 Feb 2014 | 12:40 PM ET
    September 15, 2008, the day the 150-year-old Lehman Brothers declared bankruptcy.

    Lehman will pay $767 million in cash to Freddie Mac, settling a dispute over loans it was scheduled to pay the day it declared bankruptcy.

  • Senate postpones Yellen hearing as snow nears Wednesday, 12 Feb 2014 | 4:02 PM ET
    Fed Reserve Chair Janet Yellen before the House Financial Services Committee.

    The U.S. Senate Banking Committee said on Wednesday that it postponed Thursday's hearing with Federal Reserve Chair Janet Yellen.

  • Bill Gates-backed energy firm declares bankruptcy Wednesday, 12 Feb 2014 | 11:41 AM ET

    Optim Energy, an electric company owned by a Bill Gates investment fund, filed for Chapter 11 bankruptcy after piling up losses in a depressed power market.

  • NY regulator moves ahead on bitcoin regulation Tuesday, 11 Feb 2014 | 4:12 PM ET
    An Apple Inc. iPhone5 displays the Bitcoin Wallet smartphone app.

    New York's financial regulator revealed new details on plans to govern virtual currency firms to protect consumers and combat money laundering.

  • US inventories gain in Dec., but fail to impress Tuesday, 11 Feb 2014 | 10:05 AM ET
    An employee operates a forklift at the distribution center of the Oregon Freeze Dry facility in Tangent, Oregon.

    U.S. wholesale inventories rose less than expected in December, suggesting a moderation in the pace of stock accumulation.

  • Apple loses bid to block e-books antitrust monitor Monday, 10 Feb 2014 | 4:53 PM ET
    An Apple store in San Francisco

    Apple lost its latest bid to put a court-appointed antitrust monitor on hold after a federal appeals court rejected its argument that his work was causing irreparable harm to the company.

  • Solar subsidies pit US against India at WTO Monday, 10 Feb 2014 | 12:44 PM ET
    Team Capital's home of the future on display during the Department of Energy's Solar Decathlon.

    The U.S. plans to take India to the World Trade Organisation over subsidies New Delhi gives to its solar power industry.

  • Russian authorities say bitcoin illegal Monday, 10 Feb 2014 | 6:01 AM ET

    Russian authorities have issued warnings against using bitcoin, saying the virtual currency could be used for money laundering or financing terrorism.

  • Japan's nuclear re-start stalled by paperwork Sunday, 9 Feb 2014 | 9:45 AM ET
    A masked protester stands in front of the gates to the Hinkley Point nuclear power station

    Hundreds of technicians and engineers are camped out in Tokyo hotels trying to revive Japan's nuclear industry.

  • Obamacare leaves some AIDS patients in limbo Saturday, 8 Feb 2014 | 10:59 AM ET

    Hundreds of people with HIV/AIDS trying to obtain coverage under Obamacare are in danger of being thrown out of their insurance plan.