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Top News & Analysis North America

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  • *China moves to steady its markets reduce fears. NEW YORK, Sept 2- U.S. "China has all hands on board and they are going to take any policy actions they need to do to stimulate their economy," said Stan Shipley, bond strategist at Evercore ISI in New York.

  • The agency also named FAA official Earl Lawrence as director of its UAS Integration Office, an existing position responsible for crafting new commercial drone regulations that are expected early next year. Lawrence, who joined FAA in 2010, previously led the agency's Kansas City- based Small Airplane Directorate, which is charged with regulating small...

  • NEW YORK— Cookie and clothing makers, a fitness studio and an old-fashioned five-and-dime retailer have made the cut in a competition to win a Super Bowl ad. Ten small businesses are finalists in the contest sponsored by software maker Intuit Inc. that will give the winner a 30- second spot during Super Bowl 50 on Feb. 7. —AnaOno, Philadelphia, maker of lingerie for...

  • NEW YORK, Sept 2- The dollar rose on Wednesday as fragile global stock markets steadied and U.S. hiring data encouraged speculation that Federal Reserve policymakers will raise interest rates later this month. Stock market gains, including a rise of about 1 percent in early Wall Street trading, slowed a rush to unwind carry trades that have boosted the...

  • CHICAGO, Sept 2- Truck and engine maker Navistar International Corp on Wednesday reported its 12th consecutive quarterly loss and said it could face regulatory enforcement action for its disclosure practices, sending its shares down nearly 7 percent. Navistar said it received Wells notices from the U.S. Securities and Exchange Commission that recommended...

  • CHICAGO— Grain futures were mixed in early trading Wednesday on the Chicago Board of Trade. Wheat for December delivery lost 5.50 cents to $4.8060 a bushel; December corn was 1 cent lower at $3.68 a bushel; December oats were 2.50 cents higher at 2.2640 a bushel; while November soybeans gained 1.50 cents to 8.7560 a bushel. October live cattle was. 40 cent lower at...

  • Sept 2- Gilead Sciences Inc said on Wednesday its experimental fixed-dose combination treatment for HIV proved as effective in a late-stage study as the company's widely used Truvada combo pill but with significantly less loss of bone mineral density and kidney function. Gilead shares were up 0.5 percent to $101.95 in morning trading on the Nasdaq, versus a...

  • WASHINGTON— U.S. banks' earnings jumped 7.3 percent in the April-June period from a year earlier as revenues increased and the volume of soured loans banks had to write off fell to the lowest level since before the financial crisis. The data issued Wednesday by the Federal Deposit Insurance Corp. showed continued improvement for the banking industry seven...

  • Tupperware said it's seeing better sales in Indonesia, France, Italy, Argentina, Brazil, China, Mexico, and South Africa. The company now expects currency swings to cut about 26 cents out of third-quarter profit, compared with prior guidance of a 22- cent impact. Shares of Tupperware Brands Corp., rose $2.45, or 4 percent, to $51.50.

  • *Private employers add 190,000 jobs in August. WASHINGTON, Sept 2- U.S. private employers maintained a solid pace of hiring in August despite recent global financial market turmoil, suggesting that labor market momentum likely remains strong enough for the Federal Reserve to consider an interest rate hike this year. "Job growth remains strong and broad-based,...

  • NEW YORK— News Corp, Rupert Murdoch's media empire, has confirmed that Rebekah Brooks is back at the top spot in London more than a year after she was acquitted of charges in a hacking scandal that shocked the U.K.. The New York company said Wednesday that Brooks, 47, will be CEO of News UK, returning to a role she left in 2011 amid the hacking scandal at the company's now...

  • NEW YORK— U.S. and global stock markets were recovering in early morning trading Wednesday after a sharp sell-off a day earlier. Still, investors remain on edge after a plunge in stocks Tuesday that was triggered by reports showing slowing growth in China. CHINA TRADING: China remains in focus across financial markets.

  • Voyce, created by I4C Innovations Inc., and based in Chantilly, Virginia, has a consumer version that tracks similar information. It also has a Voyce Pro that is available to veterinarians to prescribe for pets recovering from surgery or long-term illness. Kenneth Herring, who lives outside Detroit, uses PetPace to monitor his 5- year-old dog, Jack, as part of a test...

  • The research released Wednesday by Boston- based Rapid7 Inc. looks at nine baby monitors made by eight different companies. They range in price from $55 to $260. The Rapid7 researchers found serious security problems and design flaws in all of the cameras they tested, says Mark Stanislav, a senior security consultant at Rapid7 and one of the report's authors.

  • WASHINGTON— Orders to U.S. factories posted a modest gain in July, helped by the biggest rise in motor vehicles orders in a year and a solid gain in a category that tracks business investment plans. Factory orders rose 0.4 percent in July, the Commerce Department reported Wednesday. U.S. manufacturers must contend with a number of headwinds including a sharp...

  • Sept 1- Gilead Sciences Inc said on Wednesday its experimental fixed-dose combination treatment for HIV proved as effective in a late-stage study as the company's widely used Truvada combo pill but with significantly less loss of bone mineral density and kidney function. Gilead shares were up 1.6 percent to $102.88 in morning trading on the Nasdaq,...

  • *Private employers add 190,000 jobs in August. *Productivity revised up to 3.3 percent rate in Q2. WASHINGTON, Sept 2- U.S. private employers added fewer-than-expected workers in August, but the labor market momentum likely remains strong enough for the Federal Reserve to consider an interest rate hike this year.

  • Denali, the Alaska mountain formerly known Mount McKinley, is now officially 10 feet shorter, measuring 20,310 feet at its highest point, the U.S. Geological Survey announced Wednesday. The climb to gather the data began June 15 and involved one climber from the University of Alaska Fairbanks and three climbers from the private survey company CompassData Inc.,...

  • NEW YORK— Amazon's futuristic "Dash" buttons appear here to stay. And for every $4.99 button customers buy, they'll get a $4.99 credit back into their account. Daniel Rausch, director of product management, said Amazon has been "learning a lot" from the way customers have been using the buttons.

  • SAN JUAN, Puerto Rico— Puerto Rico's power company said Wednesday it reached an agreement with a group of bondholders to restructure a troubled agency that holds more than $9 billion in debt, providing some relief to investors who believed it soon would go bankrupt. The agreement is expected to reduce the power company's debt by about $670 million, as well as save...