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What's News US
- Jobs Rebound Eases Fear of Spring Stall
- Sat, 08 Mar 2014 00:22:03 EST - Jobs growth picked up in February as many employers shrugged off snowstorms and bitter cold across much of the U.S., suggesting resilience in the labor market that should allow the Federal Reserve to continue rolling back its bond-buying program.
- Paper Bulks Up in Digital Era
- Sat, 08 Mar 2014 00:52:01 EST - Americans renew their relationship with paper, ditching the cheap stuff for reading news and record-keeping to buy expensive stock for photo-based cards and albums from online juggernauts like Shutterfly.com.
- Bull Market Five Years On: Still Celebrating
- Sat, 08 Mar 2014 00:13:18 EST - As the bull market turns five years old, stock investors have a lot to celebrate. But this bull market is showing its age.
- Car Makers Try to Make It Big With Smallest of Models
- Fri, 07 Mar 2014 22:33:09 EST - Auto makers are taking a fresh crack at solving the problem of how to make money on the tiny cars that European regulators, and many consumers, want them to sell.
- RBC Liable Over Buyout of Ambulance Operator
- Fri, 07 Mar 2014 23:51:31 EST - A judge ruled against RBC Capital Markets in a suit challenging the bank's advice in the buyout of ambulance operator Rural/Metro, a decision likely to rattle Wall Street and empower shareholders suing over deals.
- Boeing to Inspect Undelivered 787s for Cracks
- Fri, 07 Mar 2014 23:24:10 EST - Boeing said a manufacturing problem had caused hairline cracks in the wings on some undelivered Dreamliner jets, requiring inspections on 43 aircraft and delaying some deliveries.
- T-Mobile Raises Price for Unlimited Plan
- Fri, 07 Mar 2014 23:38:39 EST - T-Mobile is raising the price of its unlimited wireless data plan by $10 to $80 a month, as increased usage and an upgrade to faster wireless broadband increases the cost of providing that service.
- Coupons.com Shares Surge in Debut
- Fri, 07 Mar 2014 19:32:00 EST - Shares of Coupons.com surged after making their public trading debut, pushing the online coupon company's market value to about $2.2 billion.
- At GM, Red Tape Still Rules
- Fri, 07 Mar 2014 23:32:15 EST - The picture that emerges from General Motors's disclosures about events that led to the recent recalls of 1.6 million vehicles is of a company still burdened by bureaucratic complexity, and unable to respond decisively.
- Legal Hurdles Could Block Recall Claims
- Fri, 07 Mar 2014 19:23:01 EST - General Motors has apologized profusely in recent days for an ignition-switch defect that existed for nine years and has been tied to at least 13 deaths in U.S. But apologies might be all many of the injured get.
- Jefferies Ex-Trader Found Guilty
- Fri, 07 Mar 2014 21:51:06 EST - A jury found former Jefferies Group trader Jesse Litvak guilty on Friday of violating federal securities laws by misrepresenting bond prices to his clients in an effort to boost his own trading profits.
- BofA Chief's Pay Increases 37%
- Fri, 07 Mar 2014 16:48:15 EST - Bank of America Chief Executive Brian Moynihan received $13.1 million in compensation for 2013.
- China Has Rare Deficit in February
- Sat, 08 Mar 2014 01:54:18 EST - China recorded a sharp decline in exports and a rare $22.98 billion deficit in February, raising fresh concerns over the strength of the world's No. 2 economy.
- Stocks End Mostly Higher; Nasdaq Drops
- Fri, 07 Mar 2014 18:41:36 EST - U.S. stocks closed mostly higher Friday after data showed more jobs were created in February than economists expected.
- Société Générale and Crédit Agricole Under U.S. Investigation
- Fri, 07 Mar 2014 12:13:42 EST - French banks Société Générale and Crédit Agricole are under investigation for alleged money laundering and sanction breaches involving several countries, according to a source with direct knowledge.
- Ranbaxy Recalls Generic Lipitor in U.S.
- Fri, 07 Mar 2014 22:18:48 EST - Ranbaxy Laboratories, the India-based generic-drug maker beset by manufacturing-quality problems, has issued another recall of generic versions of the cholesterol drug Lipitor in the U.S. because of a potential dose mix-up.
- Sally Beauty's CEO Sold Stock
- Fri, 07 Mar 2014 20:42:15 EST - Sally Beauty's chief executive sold $16.2 million of stock in the past week, shortly before the beauty-supply retailer said it was investigating an attempted breach of its payment systems.
- FDA Advises of Adverse Effects from New Cholesterol Drugs
- Fri, 07 Mar 2014 22:22:24 EST - FDA asks Sanofi and Regeneron to conduct an assessment of the potential for a cholesterol drug they are codeveloping to cause neurocognitive adverse events.
- Euro Reaches Two-Year High After ECB Changes Nothing
- Fri, 07 Mar 2014 18:05:55 EST - While the bank wasn't expected to change interest rates, its resolve not to pump more liquidity into the system pushed the currency higher.
- U.S. Trade Gap Widens Amid Overseas Weakness
- Fri, 07 Mar 2014 13:31:40 EST - Flat U.S. trade in January offered the latest sign the economy is struggling to fire on all cylinders, as consumers at home and abroad spend cautiously.
- Investors Return to Inflation-Protected Securities
- Fri, 07 Mar 2014 14:50:34 EST - Funds that invest in Treasury inflation-protected securities, or TIPS, took in the largest weekly inflow since May 2012, reversing outflows that started last April.
- Chaori Solar Defaults on Bond Payment
- Fri, 07 Mar 2014 21:59:33 EST - Chaori Solar failed to meet bond-interest payments, becoming China's first domestic corporate-bond default.
- Mexico Takes Bold Measures to Rein In Telecom, TV Giants
- Fri, 07 Mar 2014 19:57:22 EST - Mexico took unprecedented strides to rein in the country's telecommunications and television operators, imposing a rash of measures on the phone companies of billionaire Carlos Slim and on the country's top broadcaster Grupo Televisa in a bid to improve competition in their markets.
- Ford Retools Ohio Plant to Build Large Pickups
- Fri, 07 Mar 2014 14:20:44 EST - Ford is investing $168 million in retooling a Cleveland-area plant to build its largest pickups, the F-650 and F-750, in place of the E-series vans built there today.
- Airbus to Build A320s in Alabama
- Fri, 07 Mar 2014 11:00:54 EST - Airbus will begin building its upgraded version of the A320 with new engines at its Mobile, Ala., final assembly line once production methods are proven at its Hamburg, Germany, facility.
- Big Lots Shares Jump
- Fri, 07 Mar 2014 10:47:52 EST - Big Lots said fourth-quarter revenue and profit declined, but sales were better than Wall Street had expected.
- PSEG Unveils $12 Billion Capital Plan
- Fri, 07 Mar 2014 12:25:17 EST - Power company Public Service Enterprise Group unveiled a $12 billion five-year capital spending plan in an effort to boost earnings growth at its utility segment.
- Strong Start for German Industry
- Fri, 07 Mar 2014 11:07:42 EST - An unusually mild winter helped lift industrial output in Europe's largest economy, signaling that Germany is off to a good start this year, data from the country's economics ministry showed.
- China's Yuan Bounces Back
- Fri, 07 Mar 2014 02:19:48 EST - China's yuan is set for its biggest weekly gain in 2½ years, rebounding from an unprecedented tumble since mid-February that has been steered by authorities in Beijing seeking to kick out speculators.
- Biomet Files for IPO
- Sat, 08 Mar 2014 01:30:12 EST - Orthopedic device manufacturer Biomet Inc. filed plans for an initial public offering of up to $100 million, partially to pay off debts from its 2007 buyout.