Top News & Analysis United States

  • Speaker includes- European Commission President Jean-Claude Juncker, European Parliament President Martin Schulz, Netherlands Finance Minister and Eurogroup President Jeroen Dijsselbloem and other officials- 0800 GMT. PARIS- French Finance Minister Michel Sapin and Italian Economy Minister Pier Carlo Padoan will speak about growth in Europe and the...

  • WWE, the $1.5 billion company known for big personalities and outrageous story lines, wants its Chinese wrestlers to be the next television sensation in China, a market where other U.S. media companies have faltered. WWE hopes to succeed where others have failed, by bringing its own WWE Network online streaming service- currently available in 180 countries- to...

  • Jersey City, N.J., Dec 8- The Port Authority of New York and New Jersey said for the first time on Thursday its next 10- year capital plan may include $2.7 billion for Amtrak's Gateway rail tunnel project underneath the Hudson River. Commissioner Kenneth Lipper said $3.2 billion of rail projects involving the city of Newark and LaGuardia Airport would be an "...

  • BROOKLYN, N.Y. _ J.W. Mays Inc. on Thursday reported fiscal first-quarter earnings of $462,000. J.W. Mays shares have dropped 21 percent since the beginning of the year. Keywords: J.W. Mays, Earnings Report.

  • Dec 8- Washington state filed an environmental lawsuit on Thursday against agricultural company Monsanto Co seeking damages and cleanup costs associated with the company's production of PCBs, the state's attorney general said. The lawsuit- against Monsanto and two of its splinter companies, Solutia Inc and Pharmacia LLC- seeks compensation for damages to...

  • Dec 8- Wells Fargo& Co Chairman Stephen Sanger and Vice Chair Elizabeth Duke have been named to a four-member committee that will lead an internal investigation into the bank's recent sales scandal, a person familiar with the matter said on Thursday. Rounding out the special committee's leadership, the person said, are Enrique Hernandez, chair of the board of...

  • WASHINGTON— The government is proposing that airlines be allowed to permit their passengers to make phone calls during flights using Wi-Fi despite complaints from flight attendants and others that the calls could be disruptive. The Department of Transportation's proposal leaves it up to airlines whether to allow the calls. The Federal Communications...

  • CAMBRIDGE, Mass.— The Massachusetts Institute of Technology has chosen Apple CEO Tim Cook to deliver the school's 2017 commencement address. MIT made the announcement on its website Thursday, saying Cook will headline the June 9 ceremony. School President L. Rafael Reif said in a statement that Cook's brilliance as a business leader and his passion for...

  • WASHINGTON— The likelihood that young adults will earn more than their parents has plummeted in recent decades, a study has found, fueling concerns that the American dream of steady upward mobility is foundering amid a widening wealth gap. Just half of Americans born in 1984 earned more at age 30 than their parents did at that age, down from 92 percent in 1940,...

  • WASHINGTON, Dec 8- President-elect Donald Trump named fast-food executive Andy Puzder to head the U.S. Department of Labor on Thursday, drawing criticism from labor advocates worried about his opposition to a higher minimum wage and government regulation of the workplace. He has bashed a new Labor Department rule aimed at extending overtime pay to more than 4...

  • NEW YORK _ Mesabi Trust on Thursday reported fiscal third-quarter earnings of $3.2 million. On a per-share basis, the New York- based company said it had net income of 24 cents. Mesabi shares have more than doubled since the beginning of the year.

  • NEW YORK— Andrew Puzder, who heads the company that owns Carl's Jr. and Hardee's, was tapped Thursday to head the Labor Department by President-elect Donald Trump. Puzder has been outspoken about his views that too much regulation is hurting the restaurant industry and that a significant increase in the minimum wage would lead to job losses or prompt companies...

  • NEW YORK— NBC says that it is shutting down its Breaking News digital service, which provided bulletins on stories through Twitter, a website and its own app. It employed 20 people in Seattle, New York, Los Angeles, London and Chicago. NBC Digital spokeswoman Emily Passer said Thursday the network will try to find jobs for those people elsewhere in the company.

  • WASHINGTON, Dec 8- Andrew Ceresney, the U.S. Securities and Exchange Commission's Wall Street policeman, will leave the agency at the end of December, joining other top officials who are departing before Donald Trump is sworn in as president in January. Trump is considering Debra Wong Yang, a former U.S. attorney for the federal court district headquartered in Los...

  • WWE, the $1.5 billion company known for big personalities and outrageous story lines, wants its Chinese wrestlers to be the next television sensation in China, a market where other U.S. media companies have faltered. WWE hopes to succeed where others have failed, by bringing its own WWE Network online streaming service- currently available in 180 countries- to...

  • Dec 8- Gradually increasing the dose of Biogen Inc's experimental Alzheimer's disease drug appeared to cause less risk of brain swelling than higher fixed doses, according to interim 12- month results from a small study released on Thursday. The closely watched drug, aducanumab, led to significant reductions in amyloid plaques in the brain compared with a...

  • THE WOODLANDS, Texas _ Layne Christensen Co. on Thursday reported a loss of $5 million in its fiscal third quarter. Layne Christensen shares have risen 98 percent since the beginning of the year. Keywords: Layne Christensen, Earnings Report.

  • Earlier this week four relatives of Low Taek Jho filed a motion to delay the Dec. 12 hearing to Jan. 23 so they could go to courts in New Zealand and the Cayman Islands to try and get real estate and other assets transferred to a new trustee. Low Taek Jho is among the people named in civil lawsuits aimed at seizing $1 billion in assets allegedly siphoned off from 1 MDB and...

  • SEATTLE— Washington says it's the first U.S. state to sue the agrochemical giant Monsanto over pollution from PCBs. Jay Inslee and Attorney General Bob Ferguson announced the lawsuit at a news conference Thursday afternoon. The cities of Seattle and Spokane, as well as Portland, Oregon, and some California cities have also sued Monsanto over PCB pollution.

  • NEW YORK _ Medley Capital Corp. on Thursday reported a loss of $3.2 million in its fiscal fourth quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. Five analysts surveyed by Zacks expected $29.3 million.