GO
Loading...

Latest Business News Wires - Business Headlines

More

  • US STOCKS-Wall St slips from record; focus shifts to Fed Wednesday, 19 Nov 2014 | 1:26 PM ET

    *Lowe's, Target shares rise after results. Helping to limit losses, Target Corp rose 6.8 percent and Lowe's rose 6.3 percent, both after results. "I can understand the market being a bit jittery here after making a new high and pausing ahead of the Fed minutes," said Paul Zemsky, chief investment officer of Multi-Asset Strategies and Solutions at Voya Investment...

  • *Enel selling Endesa shares at 13.5- 13.8 euros- sources. *Enel selling minimum of 17 pct of Endesa. MILAN, Nov 19- Italy's biggest utility Enel is on track to raise up to 3.2 billion euros from the sale of shares in its Spanish subsidiary Endesa, three sources with knowledge of the deal said on Wednesday.

  • Banking culture breeds dishonesty, scientific study finds Wednesday, 19 Nov 2014 | 1:00 PM ET

    LONDON, Nov 19- A banking culture that implicitly puts financial gain above all else fuels greed and dishonesty and makes bankers more likely to cheat, according to the findings of a scientific study. Researchers in Switzerland studied bank workers and other professionals in experiments in which they won more money if they cheated, and found that bankers were...

  • The rules, which are open for public comment until Feb. 19, apply to the database ClinicalTrials.gov, operated by the National Institutes of Health. "The proposals take important steps toward greater transparency, but there are also disappointments," said Kay Dickersin, director of the Center for Clinical Trials at the Johns Hopkins Bloomberg School of Public...

  • *Morgan Stanley analysts expect production cut sooner or later. NEW YORK, Nov 19- Oil prices rose on Wednesday after Libya's representative to OPEC fueled hopes of an output cut, prompting traders to focus on next week's meeting of the producer group and ignore an unexpected surge in U.S. crude inventories. U.S. crude and Brent futures shrugged off the bearish...

  • Nov 19- Staples Inc reported higher-than-expected quarterly sales and profit as business customers in North America bought more furniture, breakroom products such as coffee machines and core office supplies like stationery. Sales in Staples' North America commercial unit, which sells products to businesses through contracts, rose 3.3 percent in the third...

  • Weary Italy vents its rage in spate of strikes and protest Wednesday, 19 Nov 2014 | 12:50 PM ET

    ROME, Nov 19- Italy's social fabric is fraying. Scarcely a day goes by without Italy's main cities being disrupted by workers, students or angry citizens' groups. Centre-left Prime Minister Matteo Renzi has been wrong-footed by the souring mood and his approval ratings are falling.

  • GENEVA, Nov 19- Anti-corporate activists declared moral victory over the annual Davos World Economic Forum of global business and political leaders on Wednesday and said they would no longer lobby there after the next meeting in January. To mark their "farewell to Davos", they said in a statement, they would use the Forum from January 21-24 to present a final "award...

  • NEW YORK/ LONDON, Nov 19- Gold fell in choppy trade on Wednesday after a poll showed weaker support among Swiss voters for a referendum that would force the central bank to boost its gold reserves. "Gold has been on a long-term downward trend and it's much easier to sell into any weakness," Sanchez said. Gold prices later pared losses to trade slightly lower.

  • DUBAI, Nov 19- Ford Motor Co's drive to make its sport utility vehicles and other models lighter to save fuel and boost performance will not be delayed by a recent drop in oil prices, Executive Chairman Bill Ford said on Wednesday. Ford is in the United Arab Emirates to celebrate the 50th anniversary of the iconic Mustang sports car, which was cut in six pieces and...

  • European shares erase gains ahead of Fed minutes Wednesday, 19 Nov 2014 | 12:35 PM ET

    LONDON, Nov 19- European shares ended flat after hitting a seven-week high earlier on Wednesday, with investors trading cautiously ahead of minutes from the most recent Federal Reserve policy meeting. The market also faced pressure from a sharp decline in mining shares after China's iron ore futures dropped nearly 5 percent to a record low.

  • The report was based on Nielsen data on advertising exposure from 2013 and was funded by the Robert Wood Johnson Foundation. But Yale researchers said beverage companies continued to reach young people through sites like Facebook and Twitter as well as mobile apps, and much of that marketing promoted unhealthy products. The Yale report examined total...

  • BERLIN, Nov 19- The German government has quietly scrapped plans to look into partly privatising railway operator Deutsche Bahn after a Reuters report week prompted a backlash from members of Chancellor Angela Merkel's ruling coalition. The SPD-run economy ministry insisted on a change in the wording, Deputy Finance Minister Johannes Geismann said in a...

  • Nov 19- Creditors of GT Advanced Technologies complained in a bankruptcy court filing that the sapphire company may have gotten too little in its proposed settlement with Apple Inc over legal claims stemming from a deal to supply sapphire screens. GT Advanced shocked investors by filing for bankruptcy in October in a case that was initially shrouded in...

  • Qualcomm CEO more cautious on future revenue growth Wednesday, 19 Nov 2014 | 11:56 AM ET

    SAN FRANCISCO, Nov 19- Mobile chipmaker Qualcomm Inc gave a more conservative five-year outlook than in the past as it faces an antitrust probe in China and more consumers there and in other developing countries buy lower-priced smartphones. China's expanding high-speed 4 G network is driving demand for smartphones with leading-edge technology, but...

  • Nov 19- JetBlue Airways announced Wednesday that it will charge certain customers for their first checked bag, yielding to pressure from analysts who criticized the airline for not adding fees in step with other carriers. In particular, they show that new strategies have landed at JetBlue since it announced two months ago that its president Robin Hayes will...

  • WASHINGTON, Nov 19- Starts for U.S. single-family homes rose for a second straight month in October and building permits neared a 6-1/ 2- year high, suggesting the housing market was still on a recovery path. The Commerce Department said on Wednesday groundbreaking for single-family homes, which account for more than two-thirds of the market, increased 4.2...

  • *May close Bloom Lake mine in Quebec. Nov 19- Cliffs Natural Resources Inc said it may have to close its Bloom Lake iron ore mine in Quebec at a cost of $600 million to $700 million as it struggles to find investment to expand the project. Analysts said the cost of shutting down Bloom Lake, which Cliffs expects to recognize over five years, was a major concern for...

  • BUDAPEST, Nov 19- Multi-national supermarkets could be driven out of Hungary, a trade lobby said on Wednesday, after the government raised their inspection costs and threatened to shut them down if they fail to make a profit for two years. The government of Prime Minister Viktor Orban has a record of adopting idiosyncratic laws untroubled by how they are viewed...

  • NEW YORK, Nov 19- Several months ago, U.S. mutual funds scooped up most of the $1.25 billion in high-yield junk bonds issued by Denbury Resources Inc, a Plano, Texas, oil and gas exploration company. The 5.5 percent coupon on the Denbury bonds maturing in 2022 attracted a number of U.S. mutual fund buyers, including the Franklin Income Fund, which held nearly 10 percent...