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Latest Business News Wires - Business Headlines


  • 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.

  • Report claims Swiss bank UBS to cut 2,000 jobs Sunday, 14 Oct 2012 | 8:24 AM ET

    BERLIN-- A Swiss newspaper is reporting that UBS, the country's largest bank, is set to cut some 2,000 jobs in its IT-department as part of a major cost-cutting drive.

  • Expect small '13 Social Security benefit increase Sunday, 14 Oct 2012 | 7:57 AM ET

    WASHINGTON-- Social Security recipients shouldn't expect a big increase in monthly benefits come January. This year, Social Security recipients received a 3.6 percent increase in benefits after getting no increase the previous two years.

  • Expect tiny '13 Social Security benefit increase Sunday, 14 Oct 2012 | 7:55 AM ET

    WASHINGTON-- Social Security recipients shouldn't expect a big increase in monthly benefits come January. Monthly benefits for retired workers average $1,237, meaning the typical retiree can expect a raise of between $12 and $24 a month. This year, Social Security recipients got 3.6 percent increase in benefits.

  • Smoke forces plane evacuation in Turkey Sunday, 14 Oct 2012 | 7:49 AM ET

    ANKARA, Turkey-- Passengers, some in a panic, were evacuated from a plane at Turkey's Antalya airport early Sunday after crew members reported smoke inside the cockpit, airline officials and state media said.

  • Report: Fire forces plane evacuation in Turkey Sunday, 14 Oct 2012 | 6:25 AM ET

    ANKARA, Turkey-- Turkey's state-run news agency says passengers, some in a panic, were evacuated from a plane at the Antalya airport after reports of a cockpit fire. The Anadolu Agency says the crew detected smoke on the Trondheim, Norway- bound plane as it readied for take-off early Sunday.

  • UK probes ex-brass who boasted of political access Sunday, 14 Oct 2012 | 6:14 AM ET

    LONDON-- Britain's defense ministry announced Sunday that it is investigating whether retired senior officers broke any rules after they were recorded by undercover journalists as appearing to offer to lobby the government on behalf of defense companies. Richard Dannatt and former defense procurement chief Lt.

  • NM company linked to illness expands peanut recall Sunday, 14 Oct 2012 | 2:03 AM ET

    WASHINGTON-- A New Mexico food company that produced the peanut butter linked to an outbreak of salmonella poisoning has expanded an ongoing recall of its products to include raw and roasted peanuts.

  • Opposition expected to gain in Lithuanian ballot Sunday, 14 Oct 2012 | 12:31 AM ET

    VILNIUS, Lithuania-- Voting precincts have opened in Lithuania, with opposition leftists and populists expected to vie for victory over the unpopular conservative government that took over four years ago as the Baltic country slid into a deep recession.

  • Bernanke: Fed policies to help emerging markets Sunday, 14 Oct 2012 | 12:21 AM ET

    Chairman Ben Bernanke is rejecting arguments that the Federal Reserve's bold moves to bolster U.S. job growth could have unwanted consequences in emerging market countries. Bernanke's speech in Tokyo was at a conference sponsored by the Bank of Japan and the International Monetary Fund.

  • China central bank says currency near equilibrium Saturday, 13 Oct 2012 | 11:47 PM ET

    TOKYO-- China's central bank governor says the Chinese currency has reached its equilibrium rate and its value is mainly determined by the market, rather than intervention.

  • Taping of NBC's 'Fashion Star' halted by picketers Saturday, 13 Oct 2012 | 11:42 PM ET

    LOS ANGELES-- Union picketing has brought a temporary halt to second-season production of the NBC reality show " Fashion Star." About 70 members of the International Alliance of Theatrical Stage Employees picketed the show Saturday at Hollywood Center Studios, prompting producers to cancel a taping and dismiss a studio audience.