Latest Business News Wires - Business Headlines


  • TREASURIES-Bond prices back up on strong jobless data Thursday, 29 Jan 2015 | 4:16 PM ET

    *Treasury sells $64 billion of new debt. NEW YORK, Jan 29- U.S. Treasuries fell on Thursday, with long-term yields backing away from record lows as U.S. jobless claims figures shrank to a 15- year low and investors made room for $64 billion of new government debt.

  • Robert Half beats Street 4Q forecasts Thursday, 29 Jan 2015 | 4:16 PM ET

    MENLO PARK, Calif. _ Robert Half International Inc. on Thursday reported fourth-quarter net income of $84.1 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 61 cents per share. Analysts expected $1.21 billion, according to Zacks.

  • DETROIT, Jan 29- Honda Motor Co said on Thursday that a driver was killed last week in Houston in a 2002 Accord equipped with a Takata Corp air bag that may have ruptured. Honda said that local authorities have not officially determined the cause of death of the driver. The 2002 Accord was included in a 2011 safety recall but the "recall repair was never completed,"...

  • Exploding air bag may have killed Texas man Thursday, 29 Jan 2015 | 4:14 PM ET

    DETROIT— There apparently has been another death caused by an exploding automobile air bag made by Takata Corp. of Japan. Bill Nelson of Florida said on the Senate floor Thursday that a Texas man was killed earlier this month when a Takata air bag inflated in a low-speed crash and sent a piece of shrapnel into the man's neck. Nelson gave no other details, but Honda...

  • Jones New York to shutter stores, end wholesale biz Thursday, 29 Jan 2015 | 4:12 PM ET
    Jones New York fashion

    The retailer of classic professional women's clothing is pursuing "strategic alternatives" after performance review.

  • Amazon sales climb in holiday quarter, shares rise Thursday, 29 Jan 2015 | 4:11 PM ET

    SAN FRANCISCO, Jan 29- Amazon.com Inc reported earnings of 45 cents per share as sales climbed 15 percent during the crucial holiday quarter, sending its shares up 5 percent. Revenue rose 15 percent to $29.3 billion in the quarter, slightly short of the average analyst estimate of nearly $30 billion, according to Thomson Reuters I/B/E/S. About a third of Amazon's...

  • Amazon shares spike as 4Q profit beats by a mile Thursday, 29 Jan 2015 | 4:09 PM ET

    Amazon's strategy always has been to spend a big chunk of the money it makes to grow and expand into new areas like cloud computing, streaming video and hardware— and that has affected profitability to investors' sometime chagrin. Amazon earned 45 cents per share for the three months ended in December, easily topping Wall Street expectations.

  • Visa's quarterly profit rises 11.5 pct Thursday, 29 Jan 2015 | 4:09 PM ET

    Jan 29- Visa Inc, the world's largest credit and debit card company, reported an 11.5 percent rise in quarterly profit on Thursday as a strengthening U.S. job market and cheaper gasoline prices encouraged people to spend. Visa's net income rose to $1.57 billion, or $2.53 per Class A share, in the first quarter ended Dec. 31 from $1.41 billion, or $2.20 per Class A share, a...

  • Figures on government spending and debt Thursday, 29 Jan 2015 | 4:09 PM ET

    WASHINGTON— Figures on government spending and debt.

  • Google Q4 revenue rises 15 percent Thursday, 29 Jan 2015 | 4:08 PM ET

    SAN FRANCISCO, Jan 29- Google Inc's revenue grew 15 percent in the final three months of the year, falling short of Wall Street's revenue target as the price of its online ads remained under pressure. Google said consolidated revenue totaled $18.10 billion, compared to $15.71 billion in the year-ago period. Analysts polled by Thomson Reuters I/B/E/S were...

  • NEW YORK, Jan 29- Global oil prices firmed slightly on Thursday but not before U.S. crude hit a near six-year low and benchmark Brent pared gains on data showing fresh additions to already record-high U.S. oil inventories. But crude futures in New York fell to an April 2009 bottom by midmorning, and only rose toward the close on short-covering.

  • NEW YORK, Jan 29- U.S. stocks enjoyed a late afternoon rally on Thursday, ending a volatile session sharply higher as crude oil reversed earlier losses and returned the energy sector to positive territory.



  • Simmering tensions over the issue spilled into public view on Wednesday, when U.S. business lobbies urged Beijing to postpone implementing new policies to make China's finance sector more dependent on domestic technology. In a letter to China's Central Leading Group for Cyberspace Affairs, chaired by President Xi Jinping, a group of U.S. business...

  • Still, Honda, like other affected automakers, expects to get those costs back eventually if investigations find Takata at fault. And many analysts say reputational damage seems minimal, including in the United States, Honda's most important market. That's a red flag for Honda, which excels in cars that have attracted buyers concerned about fuel economy.

  • SAN FRANCISCO— The FBI has released photos made from surveillance video of three masked thieves stealing historic gold nuggets on display at a San Francisco bank museum after ramming a stolen SUV through its revolving door. San Francisco police say the robbers took up to 10 ounces of gold worth roughly $10,000 early Monday. One of the robbers held a gun to a...

  • Decoding the jargon of mutual funds: a look from A to E Thursday, 29 Jan 2015 | 3:58 PM ET

    NEW YORK— Few industries slip into jargon as much as the investing world. As quickly as you can give your shoe size, mutual fund managers can rattle off their "active share" or "duration." Such terms have all the grace of a clog, but they can also give valuable information investors should consider before buying a fund.