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  • Kohl's same-store sales nipped by cold February Thursday, 14 May 2015 | 9:25 AM ET
    People approaching Kohl's department store in Mount Kisco, New York.

    Department store operator Kohl's quarterly same-store sales were hurt by colder-than-usual weather in February.

  • RPT-CORRECTED-MORE THAN 80 PCT CHANCE AN EL NINO WILL LAST THROUGH 2015- CPC.

  • CORRECTED-APPROXIMATELY 70 PCT CHANCE EL NINO WILL CONTINUE THROUGH NORTHERN HEMISPHERE SUMMER 2015, MORE THAN 60 PCT CHANCE WILL LAST THROUGH AUTUMN- CPC.

  • CORRECTED-US CLIMATE PREDICTION CENTER SAYS APPROXIMATELY 90 PCT CHANCE EL NINO TO CONTINUE THROUGH NORTHERN HEMISPHERE SUMMER 2015.

  • NEW DELHI, May 14- India's Supreme Court has deferred a decision on media-to-hotels group Sahara's bid to obtain bail for its boss, jailed more than a year ago in a long-running dispute over illegal bonds. India's capital market regulator and the court have estimated that Sahara owes as much as $7 billion to the bond investors. The Supreme Court has previously...

  • May 14- Department store operator Kohl's Corp reported quarterly same-store sales that missed analysts' expectation, hurt by colder-than-usual weather in February. Shares of the company, which also reported lower-than-expected revenue, fell 11 percent to $66.25 in premarket trading on Thursday. The stock's multiple is likely to reset lower until the...

  • *Shake Shack climbs after raising forecast. May 14- Wall Street was set to open higher on Thursday as weekly jobless claims fell, suggesting that the labor market was on solid footing even as the economy struggles to regain momentum. It's not great, but it's not bad either, "said David O'Malley, chief executive of Penn Mutual Asset Management, which oversees about $20...

  • *Weekly jobless claims fall 1,000. WASHINGTON, May 14- The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, indicating the jobs market was on solid footing even as the economy struggles to regain momentum after abruptly slowing in the first quarter. Initial claims for state unemployment benefits slipped 1,000 to a...

  • CPC SAYS APPROXIMATELY 90 PCT CHANCE EL NINO TO CONTINUE THROUGH NORTHERN HEMISPHERE SUMMER 2015.

  • May 14- Delta Air Lines Inc's refinery Monroe Energy has stopped importing crude oil from West Africa, the airline's Chief Financial Officer Paul Jacobson said Thursday during a transportation conference that was webcast. The Philadelphia- area refinery instead takes its supply from U.S. and some Canadian sources, "dramatically" lowering its transportation...

  • COLUMN-Who wants to be a swing producer? No one: Kemp Thursday, 14 May 2015 | 8:45 AM ET

    LONDON, May 14- U.S. shale producers are the new "swing producers" in the oil market, as many analysts have noted, but the status of swing producer is hugely misunderstood. Between the 1930 s and the 1970 s, the role fell to small, independent well owners of Texas, who were forced to limit their production to balance the global oil market. The swing producer role has now...

  • WASHINGTON, May 14- The International Monetary Fund's chief economist Olivier Blanchard is leaving the IMF, the Wall Street Journal reported on Thursday, saying it was not yet clear who would replace him. Blanchard, who helped steer the Fund since 2008 and guided it through the global economic recession, told the newspaper he needs to digest the issues he's...

  • TBILISI, May 14- Russia criticized on Thursday a decision by the European Bank for Reconstruction and Development to suspend further loans to the country over the Ukraine crisis and said the bank should not be swayed by "temporary political trends." Last year the London- based EBRD, set up in 1991 originally to invest in ex-Soviet bloc countries, halted fresh...

  • May 14- Delta Air Lines Inc expects to see some "choppiness" in its monthly revenue per available seat mile, which measures sales relative to planes' carrying capacity, Chief Financial Officer Paul Jacobson said Thursday during a transportation conference that was webcast. The Atlanta- based carrier expects unit revenue to be "a little worse" in May than in April,...

  • U.S. jobless claims fall; 4-week average at 15-year low Thursday, 14 May 2015 | 8:30 AM ET

    WASHINGTON, May 14- The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, indicating the jobs market was on solid footing even as the economy struggles to regain momentum after abruptly slowing in the first quarter. Initial claims for state unemployment benefits slipped 1,000 to a seasonally adjusted 264,000 for...

  • U.S. producer prices resume downward trend in April Thursday, 14 May 2015 | 8:30 AM ET

    WASHINGTON, May 14- U.S. producer prices resumed their downward trend in April as the cost of energy fell and a strong dollar kept underlying inflation pressures benign, supporting views that the Federal Reserve will only raise interest rates later in the year. The Labor Department said on Thursday its producer price index for final demand fell 0.4 percent last...

  • Crown Castle to sell Australian unit for $2 bln Thursday, 14 May 2015 | 8:19 AM ET

    May 14- Telecommunications tower operator Crown Castle International Corp said it would sell its majority-owned Australian unit, CCAL, to a group of investors led by Macquarie Infrastructure and Real Assets for about $2 billion in cash.

  • UPDATE 1-Bombardier business jet unit to cut 1,750 jobs Thursday, 14 May 2015 | 8:11 AM ET

    TORONTO, May 14- Bombardier Inc, the Canadian train and aircraft maker, said on Thursday it plans to cut 1,750 jobs in its business jet division, mainly due to weaker demand for its Global business jets. "Current economic conditions and geopolitical issues in some market regions, such as Latin America, China and Russia, have impacted order intake levels...

  • YOUR MONEY-How much should you give as a wedding gift? Thursday, 14 May 2015 | 8:00 AM ET

    BOSTON, May 14- When you go to as many weddings as Stephanie Wong does, you need to come up with some guidelines for gift-giving. During the past two years, Wong, 32, who works in marketing for a book publisher in San Francisco, has been to about a half-dozen weddings. She offers these guidelines to wedding-goers wherever they might be: A distant relative or co-worker...