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Latest Business News Wires - Business Headlines


  • Millennial raises 3Q revenue Monday, 15 Oct 2012 | 12:05 AM ET

    BALTIMORE-- Millennial Media Inc. raised its third-quarter revenue forecast Monday on increasing demand, but the mobile advertising company said it expects to post a net loss for its third quarter. The Baltimore- based company anticipates revenue of $46.5 million to $47 million, up from its prior outlook of $43.5 million to $45 million.

  • Poll: Economists foresee weak but improving growth Monday, 15 Oct 2012 | 12:02 AM ET

    CHICAGO-- Economists foresee only tepid growth for the coming year, with unemployment back above 8 percent for the first half of 2013.. The quarterly survey by the National Association for Business Economists released Monday predicts growth will be weak overall but should slowly accelerate through 2013..

  • Asia stocks fall as China easing hopes dim Sunday, 14 Oct 2012 | 11:10 PM ET

    BANGKOK-- Asian stock markets fell Monday as hopes dimmed for aggressive moves by China to stimulate its slowing economy.

  • Cornell NYC Tech campus mixes students, executives Sunday, 14 Oct 2012 | 10:02 PM ET

    Students walking to their apartments might encounter executives heading to a conference on Cornell NYC Tech's park-like campus on Roosevelt Island, according to a plan being submitted Monday for a city review.

  • Lithuanians sway toward opposition parties Sunday, 14 Oct 2012 | 7:09 PM ET

    All three parties promised radical policy changes, including increased wages and lower taxes, while the Social Democrats said that Lithuania should postpone introducing the euro until Europe could straighten out its current financial mess.

  • Corrosion linked to 2011 Chevron refinery fire Sunday, 14 Oct 2012 | 5:58 PM ET

    SAN FRANCISCO-- Corrosion that went unchecked _ the suspected cause of a fire at Chevron Corp.' s Richmond refinery in August _ has been linked to a fire at the plant in October 2011, the San Francisco Chronicle reported Sunday.

  • Lithuanian voters swing to opposition parties Sunday, 14 Oct 2012 | 4:13 PM ET

    VILNIUS, Lithuania-- Opposition populists and leftists in crisis-worn Lithuania hinted they were prepared to form a government coalition after an exit poll late Sunday indicated their parties would take first and second place in the country's parliamentary elections.

  • Big separatist gains in local Belgian elections Sunday, 14 Oct 2012 | 2:18 PM ET

    BRUSSELS-- The leader of a separatist party won the race to become mayor of Antwerp, Europe's second biggest port city, and vowed Sunday to use the power base to seek wider autonomy for Belgium's wealthy Dutch-speaking region of Flanders.

  • Facts about the amphibious Quadski Sunday, 14 Oct 2012 | 2:10 PM ET

    Gibbs Sports Amphibians says its new Quadski, which can drive on land as well as in the water, will go on sale before the end of this year. _ PRICE: The company says it will cost around $40,000. Dealerships will be concentrated in New York, Boston, the Great Lakes, Florida and Texas.

  • Amphibious vehicle to go on sale soon in US Sunday, 14 Oct 2012 | 1:47 PM ET

    DETROIT-- Amphibious vehicles could soon be zooming out of James Bond's garage _ or pond _ and into yours. Michigan- based Gibbs Sports Amphibians Inc. hopes to sell the vehicle worldwide by 2014.. It's sort of magic, "the founder of Gibbs Sports Amphibians, Alan Gibbs, told The Associated Press in a recent interview.

  • Poll: Ruling coalition to win Lithuanian election Sunday, 14 Oct 2012 | 1:06 PM ET

    VILNIUS, Lithuania-- An exit poll shows that Lithuania's ruling conservative coalition is poised to muster 25 percent of the vote in Sunday's parliamentary election and a populist party will finish first with nearly 20 percent.

  • Belgian vote results show big separatist gains Sunday, 14 Oct 2012 | 1:01 PM ET

    BRUSSELS-- The leader of a separatist party has won the race to become mayor of Antwerp, Europe's second biggest port city, and vowed to use the power base to seek wider autonomy for Belgium's wealthy Dutch-speaking region of Flanders.

  • Occupy London activists stage St Paul's protest Sunday, 14 Oct 2012 | 11:54 AM ET

    LONDON-- Several supporters of the anti-corporate Occupy movement chained themselves to the pulpit of St. Paul's Cathedral during a service Sunday in an action marking the anniversary of its now-dismantled protest camp outside the London landmark.

  • Before Facebook, there was Manet, painting friends Sunday, 14 Oct 2012 | 11:35 AM ET

    TOLEDO, Ohio-- Long before smartphones turned so many of us into amateur photographers and revolutionized how we depict each other through social media, there were the works of French Impressionist Edouard Manet.

  • Early Belgian vote results show separatist gains Sunday, 14 Oct 2012 | 11:29 AM ET

    BRUSSELS-- Early results from Belgian municipal elections Sunday showed widespread gains for a separatist party that is seeking autonomy for the wealthy Dutch-speaking region of northern Flanders.

  • Pro-gambling gov doesn't ensure NH will get casino Sunday, 14 Oct 2012 | 11:15 AM ET

    CONCORD, N.H.-- Public policy experts estimate that New Hampshire could net more than $50 million a year if it builds a casino in the southern part of the state. Moore, a 43- year-old sales manager from Seabrook, gambles at Connecticut casinos about four times a year, dropping roughly $250 per visit.

  • AP Impact: Feds muff kid jewelry cadmium crackdown Sunday, 14 Oct 2012 | 11:07 AM ET

    LOS ANGELES-- Federal regulators failed to pursue recalls after they found cadmium-tainted jewelry on store shelves, despite their vow to keep the toxic trinkets out of children's hands, an Associated Press investigation shows.

  • UAE firms increase gas production in northern Iraq Sunday, 14 Oct 2012 | 9:51 AM ET

    BAGHDAD-- Two Emirati energy companies producing natural gas in Iraq's Kurdish region say they have boosted output to the equivalent of 80,000 barrels of oil a day. Dana Gas and Crescent Petroleum said Sunday that production after four years of operation stands at 340 million cubic feet of gas a day and 15,000 barrels a day of condensed liquid gas.

  • $300 million harbor deepening moves to water Sunday, 14 Oct 2012 | 9:43 AM ET

    CHARLESTON, S.C.-- For the past several weeks, James Phillips and Jeff Marshall have been up before dawn streaks the sky, taking their 24- foot research boat to a ramp on Charleston Harbor. The work by the Coastal Carolina University researchers is all part of a sheaf of studies needed for a planned $300 million deepening of the Charleston Harbor shipping channel.

  • Italian justice minister says corruption growing Sunday, 14 Oct 2012 | 9:31 AM ET

    ROME-- Italy's justice minister is warning that rampant corruption by politicians' pilfering public funds is reaching unprecedented levels, just as the government is demanding sacrifices from its citizens to keep the country from succumbing to the European debt crisis.