Latest Business News Wires - Business Headlines


  • EDF, Britain in $26 billion deal for nuclear plant Monday, 21 Oct 2013 | 2:35 AM ET
    Hinkley Point Nuclear Power Station

    French utility EDF and the British government have signed an agreement to build two nuclear reactors for a total cost of 16 billion pounds, EDF said in a statement on Monday.

  • Say cheese: EU strikes trade deal with Canada Saturday, 19 Oct 2013 | 4:44 AM ET
    Canadian Prime Minister Stephen Harper (L) and  European Commission President Jose Manuel Barroso (R)

    After settling lingering issues over beef and cheese quotas, the EU and Canada inked a trade deal integrating two of the world's biggest economies.

  • Think debt fight was close? Wait until next year Friday, 18 Oct 2013 | 2:18 PM ET
    The U.S. Capitol

    The Obama administration was able to scrape up against the government's debt ceiling for five months before it came to the brink of default. It could have less breathing room in 2014.

  • Transaction declined: BofA weighs overdraft curbs Friday, 18 Oct 2013 | 9:29 AM ET

    Bank of America is considering a plan to introduce a checking account that curbs overdraft practices, according to a WSJ report.

  • HSBC hit with record $2.46 billion judgment Friday, 18 Oct 2013 | 3:02 AM ET

    A unit of British bank HSBC was hit with a record $2.46 billion final judgment in a U.S. securities class action lawsuit on Thursday.

  • Nestle sales growth misses poll on weak Europe and Asia Thursday, 17 Oct 2013 | 2:00 AM ET

    Nestle said still-weak emerging market demand and falling prices for its products in Europe slowed underlying sales growth to 4.4 percent in the first nine months of the year.

  • Advance buys General Parts in $2 billion marriage Wednesday, 16 Oct 2013 | 8:53 AM ET

    Advance Auto Parts Inc will buy General Parts International Inc for just over $2 billion, creating the largest North American retailer of auto parts.

  • Shale surge leads US to out-Saudi Mideast: Study Tuesday, 15 Oct 2013 | 2:42 PM ET

    The United States has overtaken Saudi Arabia to become the world's biggest oil producer as the jump in output from shale plays has led to the second biggest oil boom in history.

  • Veterans groups take shutdown protest to White House Sunday, 13 Oct 2013 | 4:03 PM ET
    Protesters wave US flags during a demonstration at the World War II memorial on October 13, 2013 in Washington, DC.

    Groups protested the government shutdown, taking down barricades around the World War Two memorial before marching to the gates of the White House.

  • Fox shareholders urged to vote against Murdoch Wednesday, 9 Oct 2013 | 2:05 AM ET
    News Corp. CEO Rupert Murdoch.

    Proxy advisory group ISS has urged Twenty-First Century Fox Inc shareholders to vote against the reelection of Chairman Rupert Murdoch and some other board members at an annual shareholders meeting this month, criticizing the company's adoption of a poison pill.

  • Space thriller 'Gravity' earns $55.6 million Sunday, 6 Oct 2013 | 2:17 PM ET

    'Gravity,' a new 3D thriller about two stranded astronauts floating through space, soared to the top of weekend movie charts.

  • Five years after Lehman, world is hoarding cash Sunday, 6 Oct 2013 | 9:37 AM ET

    Five years after Lehman Brothers collapsed, families in major countries around the world are still too spooked to take chances with their money.

  • Wall Street gets ready to trade defaulted US debt Saturday, 5 Oct 2013 | 3:35 PM ET
    A trader works on the floor of the New York Stock Exchange.

    Most doubt it will happen, but banks are already gearing up for how to handle any US Treasuries tainted by missed payments.

  • Bipartisan vote on back pay, but shutdown goes on Saturday, 5 Oct 2013 | 11:24 AM ET

    A rare flash of bipartisanship Saturday served as a cruel tease to those hoping Congress is moving toward reopening the government.

  • Shutdown halts IRS seizures from tax cheats Saturday, 5 Oct 2013 | 8:48 AM ET
    The IRS building in Washington, D.C.

    The IRS said that it has stopped initiating new asset seizures from tax delinquents during the government shutdown.

  • BP wins reprieve over Gulf spill payouts Thursday, 3 Oct 2013 | 1:38 AM ET

    BP won a legal reprieve in its effort to force the administrator of a settlement related to the 2010 Gulf of Mexico oil spill.

  • Recall outbreak! This time, Chrysler yanks SUVs Wednesday, 2 Oct 2013 | 8:59 AM ET

    Chrysler said it will recall an estimated 132,000 sport utility vehicles globally, mostly in the United States, to address potential software problems.

  • Unilever warns EM slowdown has accelerated Tuesday, 1 Oct 2013 | 2:11 AM ET
    Bars of Hindustan Unilever Ltd. Lux soap at a store in Mumbai

    Consumer goods company Unilever warned on Monday that a slowdown in its emerging markets accelerated in the third quarter and it now expects underlying sales growth of just 3 to 3.5 percent in the period.

  • Mazda latest recall culprit, yanks 161,000 sedans Monday, 30 Sep 2013 | 10:02 AM ET
    2009 Mazda6

    Mazda is recalling 161,400 Mazda6 sedans in the United States because loose screws could cause the side doors to come open.

  • Pasta baron apologizes for anti-gay comments Friday, 27 Sep 2013 | 5:41 PM ET
    Guido Barilla

    "It is clear that I have a lot to learn about the lively debate concerning the evolution of the family," Barilla said in a videotaped apology.