GO
Loading...

Latest Business News Wires - Business Headlines

More

  • Dem convention used corporate cash, despite pledge Thursday, 18 Oct 2012 | 8:49 AM ET

    RALEIGH, N.C.-- The Democratic National Convention relied on at least $5 million in corporate donations, despite repeated pledges by top party officials only to use money raised from individuals.

  • *Hertz delays closing of Dollar Thrifty deal Thursday, 18 Oct 2012 | 8:47 AM ET
  • Romney debate ad focuses on economy, Medicare Thursday, 18 Oct 2012 | 8:47 AM ET

    KEY IMAGES: The ad uses video from Mitt Romney' town hall-style presidential debate with President Barack Obama in Hempstead, N.Y., to attack the president's performance over the past four years. Median income is down $4,300 a family and 23 million Americans out of work.

  • NY man held on no bail in Broadway show's demise Thursday, 18 Oct 2012 | 8:46 AM ET

    NEW YORK-- A former stockbroker charged with defrauding a fledgling Broadway production was held without bail Wednesday after a prosecutor called him a "considerable threat" to the community.

  • Ukrainian man accused of disturbing Delta flight Thursday, 18 Oct 2012 | 8:45 AM ET

    SALT LAKE CITY-- A Ukrainian man, hung over from a 50- day drinking binge, said he believed the wing of the airplane was on fire when he disrupted a Salt Lake City- bound Delta Air Lines flight and had to be wrestled to the floor by passengers, authorities allege in a criminal complaint.

  • Iraq issues arrest warrant for central bank chief Thursday, 18 Oct 2012 | 8:43 AM ET

    BAGHDAD-- Iraqi authorities have issued arrest warrants for the longtime governor of the central bank following allegations of financial wrongdoing, the country's judiciary said Thursday. Supreme Judicial Council spokesman Abdul-Sattar Bayrkdar told The Associated Press that 15 bank officials are being sought along with al-Shabibi.

  • Dutch art thieves were no 'Ocean's 11' team Thursday, 18 Oct 2012 | 8:41 AM ET

    AMSTERDAM-- In Hollywood movies, heists usually feature criminals who plan meticulously and use high-tech equipment to avoid detection. But the thieves who snatched seven paintings by Picasso, Matisse and Monet worth millions from a gallery in Rotterdam appear to have taken a less glamorous approach, relying mostly on speed and brute force.

  • 'Forbidden Broadway' extends its run until April Thursday, 18 Oct 2012 | 8:40 AM ET

    John Freedson, a producer of the off- Broadway musical revue that hilariously tweaks Broadway shows and stars, said Wednesday that its run will be extended through April 28.

  • 'Binders full of women' effort predated Romney Thursday, 18 Oct 2012 | 8:38 AM ET

    BOSTON-- Members of a coalition of Massachusetts women's groups on Wednesday disputed Mitt Romney's assertion that he requested the names of potential female candidates for high-level, state positions when he was elected governor.

  • American Made: New ideas fuel fashion Thursday, 18 Oct 2012 | 8:36 AM ET

    NEW YORK-- Martha Stewart and her American Made project turned Grand Central Terminal's Vanderbilt Hall into a hub of crafts, croissants and conversation on Wednesday with experts in the areas of gardening, decorating, cooking and fashion.

  • US unemployment aid applications jump to 388K Thursday, 18 Oct 2012 | 8:33 AM ET

    WASHINGTON-- Weekly applications for U.S. unemployment benefits jumped 46,000 last week to a seasonally adjusted 388,000, the highest in four months. The four-week average of applications, a less volatile measure, rose slightly to 365,500, the Labor Department said Thursday.

  • Union Pacific 3Q profit up 15 pct on price hikes Thursday, 18 Oct 2012 | 8:31 AM ET

    OMAHA, Neb.-- Union Pacific said Thursday that its third-quarter profit climbed 15 percent because price increases and more automotive and chemical shipments helped the railroad offset a 12 percent drop in coal shipments. Union Pacific, based in Omaha, Neb., said Thursday that revenue grew 5 percent to $5.34 billion from last year's $5.1 billion.

  • Polaris 3Q results top Street, lifts 2012 outlooks Thursday, 18 Oct 2012 | 8:30 AM ET

    MINNEAPOLIS-- Polaris Industries' net income surged 40 percent in the third quarter on higher prices, reduced product costs and strong sales of a variety of its vehicles. Polaris Industries Inc. earned $94.3 million, or $1.33 per share, compared with $67.6 million, or 95 cents per share, a year earlier.

  • Ahead of the Bell: Noble Corp. profit drops Thursday, 18 Oct 2012 | 8:22 AM ET

    Third-quarter net income for the offshore drilling contractor fell to $114.8 million, or 45 cents per share, from $135.3 million, or 53 cents per share, in the year-ago quarter. Jud Bailey, an analyst with International Strategy and Investment Group LLC, said operating costs of $449 million were above his estimates.

  • Snap-On 3Q profit rises 9 percent, tops St. view Thursday, 18 Oct 2012 | 8:21 AM ET

    KENOSHA, Wis.-- Tool maker Snap-On Inc. said Thursday its third-quarter net income rose 9 percent, boosted by contributions from its financing business. Like a lot of manufacturers, Snap-On has a financing subsidiary that helps customers make purchases. Snap-On said its results were pulled down by the effects of unfavorable exchange rates.

  • US futures slip on mix of corporate earnings Thursday, 18 Oct 2012 | 8:20 AM ET

    NEW YORK-- Stock futures are falling on mixed quarterly earnings from companies like Verizon, Morgan Stanley and Southwest Airlines.

  • Wesco shares leap on earnings, acquisition news Thursday, 18 Oct 2012 | 8:16 AM ET

    PITTSBURGH-- Shares of Wesco International jumped 10 percent before the markets opened Thursday after the company edged out profit expectations for the third quarter and announced the acquisition of a Canadian electrical supply company. The company also announced a deal to acquire EECOL Electric Corp. of Calgary, Alberta, for about $1.16 billion.

  • Fifth Third 3Q net income falls on charges Thursday, 18 Oct 2012 | 7:52 AM ET

    Fifth Third's net income available to common shareholders fell to $354 million, or 38 cents per share, from $373 million, or 40 cents per share, a year earlier.

  • Airstrikes in northern Syria kill more than 20 Thursday, 18 Oct 2012 | 7:44 AM ET

    BEIRUT-- Syrian activists say a string of government airstrikes on rebel areas in the country's north has killed at least 20 people, leveled buildings and forced residents to dig through mounds of rubble in search of survivors.

  • Philip Morris Int'l 3Q profit falls 6 percent Thursday, 18 Oct 2012 | 7:36 AM ET

    RICHMOND, Va.-- Cigarette maker Philip Morris International Inc.' s third-quarter net income fell more than 6 percent, despite higher prices, as the company sold fewer cigarettes. Philip Morris International said it earned $2.23 billion, or $1.32 per share, in the third quarter, down from $2.38 billion, or $1.35 per share, a year ago.

Most Popular Video

Thursday, 17 Apr 2014 | 5:46 PM ET

CNBC voice over talent Jim Birdsall shares the top 5 sayings from traders on "Fast Money" over the years.

Thursday, 17 Apr 2014 | 6:40 PM ET

Mad Money's Jim Cramer reflects on CNBC's evolution over the past 25 years.

Thursday, 17 Apr 2014 | 6:30 PM ET

The latest cybersecurity headlines- tax scammers have no deadline, and the Heartbleed vulnerability threatens websites. CNBC's Scott Cohn reports.