World Business News

Latest News

  • Simon Cawkwell, known in the City as “Evil Knievel”, has asked the Financial Conduct Authority (FCA) to look into Quindell

  • The Nasdaq rose modestly in choppy trade on Thursday as Apple's shares rallied a day after the iPad maker's strong results, though tensions in Ukraine held back the broader market. Caterpillar Inc (CAT.N) shares jumped nearly 2 percent and helped limit the Dow’s loss after the world's largest maker of earth-moving machinery …

  • FDA backs off animal feed rule affecting brewers Associated Press - 17 minutes ago

    The federal government is backing off proposed regulations that brewers say would add to their costs without improving the safety of grain used to feed livestock. Many beer makers sell or give grain leftover ...

  • Oregon panel recommends moving to federal exchange Associated Press - 19 minutes ago

    After months of deliberation over what to do with Oregon's botched online health exchange, an advisory panel on Thursday recommended that the state drop the site for private policies and have Oregonians ...

  • Arkansas court won't reconsider Risperdal case Associated Press - 19 minutes ago

    The Arkansas Supreme Court declined on Thursday to reconsider its decision that threw out a $1.2 billion judgment against a pharmaceutical company accused of improperly marketing an antipsychotic drug. ...

  • Connecticut unveils $3.4 million tourism campaign Associated Press - 20 minutes ago

    Connecticut launched its newest tourism campaign Thursday, marketing the state as an attraction offering a lot without a long drive. The $3.4 million advertising and social media effort unveiled at a tourism ...

  • Auto parts supplier opening plant near Kansas City Associated Press - 22 minutes ago

    A subsidiary of a Canadian automotive supplier is building a new manufacturing plant in the Kansas City area. Martinrea Riverside LLC held a groundbreaking ceremony Thursday for an automotive parts facility ...

  • GM says securities regulators are probing recall Associated Press - 24 minutes ago

    U.S. securities regulators are looking into General Motors' delayed recall of more than 2 million cars with a deadly ignition switch problem. GM disclosed in a quarterly report that the Securities and ...

  • Zimmer to buy Biomet for $13.35 bn

    Doctors operate on a man's knee at the Trindade hospital in Porto on March 24, 2014

  • GM profit sinks; CEO sees no recall hit to sales Associated Press - 27 minutes ago
    GM profit sinks; CEO sees no recall hit to sales

    The cost of recalling nearly 7 million cars and trucks sank General Motors' first-quarter profit, but the company's CEO said the much-publicized recalls have yet to cut into sales. GM on Thursday reported ...

  • Ladies Home Journal ceasing subscription service Associated Press - 27 minutes ago

    Meredith Corp. says it is ending subscription service of "Ladies' Home Journal" due to declining advertiser interest. The magazine was launched in 1883 and is one of the nation's oldest women's ...

  • Postal workers unions protest Staples program Associated Press - 28 minutes ago
    Postal workers unions protest Staples program

    Postal workers around the country protested in front of Staples stores on Thursday, objecting to the U.S. Postal Service's pilot program to open counters in stores, staffed with retail employees. Rallies ...

  • BOSTON (Reuters) - Security software maker Rapid7 said on Thursday that it has hired Nick Percoco, a security researcher who is well known for his work hacking mobile devices. He will serve as vice president ...

  • The Nasdaq rose modestly in choppy trade on Thursday as Apple's shares rallied a day after the iPad maker's strong results, though tensions in Ukraine held back the broader market. Caterpillar Inc shares ...

  • Stocks are mixed in choppy trading; Apple up Associated Press - 44 minutes ago
    Stocks are mixed in choppy trading; Apple up

    Stocks were mixed in choppy trading Thursday afternoon as investors balanced positive earnings results out of Apple and Caterpillar against disappointing reports from other companies including Raytheon ...

  • FDA Oks first-ever DNA alternative to pap smear Associated Press - 45 minutes ago

    Federal health regulators have cleared a genetic test from Roche as the first U.S.-approved alternative to the pap smear, the decades-old mainstay of cervical cancer screening. The Food and Drug Administration ...

  • General Motors Co's first-quarter profit tumbled 88 percent on Thursday due to the massive recall for defective ignition switches, and shares fell 1.3 percent after the company said expectations for the rest of the year must be trimmed. While the company's results topped expectations on strong pricing for its redesigned …

  • Proposed US rules leave open Internet fast lanes

    A woman uses her smartphone in a starbucks in Silver Spring, Maryland, on May 9, 2012

  • Societies expect too much of central banks and they don't have a magic wand to boost economic growth, European Central Bank Vice President Vitor Constancio said on Thursday. The ECB has faced pressure from France this month to weaken the euro to help breathe life into the euro zone economy. But Constancio said policy …

  • Oregon panel recommends dropping troubled exchange for private policies, using federal system.

  • Attendees surf the internet at the Milken Institute Global Conference in Beverly Hills

    The U.S. communications regulator on Thursday sought to tame an outcry over "net neutrality" rules it is developing, saying the agency would make sure broadband providers which "unreasonably" discriminate against Web traffic are punished. New rules proposed by Federal Communications Commission Chairman Tom Wheeler would …

  • Residents of Wyoming town allowed to return home Associated Press - 1 hour 6 minutes ago
    Residents of Wyoming town allowed to return home

    Residents were allowed to return home Thursday, nearly 22 hours after an explosion at a natural gas processing plant forced the evacuation of their small southwestern Wyoming town. Lincoln County spokesman ...

  • IMF to take decision on Ukraine aid on April 30

    Armed pro-Russian activists stand guard next to a barricade at a checkpoint outside the eastern Ukrainian city of Slavyansk on April 24, 2014

  • Internet governance debated in Brazil Associated Press - 1 hour 7 minutes ago
    Internet governance debated in Brazil

    An international two-day conference on Internet governance is drawing to a close in Brazil as government officials, academics and technical experts from some 90 countries debate how the Internet should ...

  • Nevada rancher condemned for racist remarks Associated Press - 1 hour 10 minutes ago

    A Nevada rancher who has become a conservative folk hero for resisting the federal government's attempts to round up his cattle faced sharp criticism Thursday for racist comments published in a New York ...

  • Cars are lined up for sale at a Ford dealer in Lakewood

    U.S. auto sales will rise 8.5 percent in April from a year ago as spring weather entices consumers to look at new products, industry research firms J.D. Power and LMC Automotive said on Thursday. The annualized ...

  • Met office sees below-average monsoon in 2014 Reuters - 1 hour 11 minutes ago
    An electrician fixes lights on a mosque against the backdrop of monsoon clouds, during the holy month of Ramadan in Chennai

    India is likely to have below-average monsoon rainfall in 2014, raising the possibility that drought could stoke inflation and hit a sluggish economy dependent on the elements because half the country's farmland lacks irrigation. To cut dependence on rains, India plans to expand irrigated farmland by at least a tenth by …

  • REUTERS - Japan's NTT DoCoMo Inc will unload its 26 percent stake in its loss-making Indian mobile phone joint venture, Tata Teleservices Ltd, and withdraw from the country, the Nikkei newspaper reported. ...

  • J&J: Business doing well on new product approvals Associated Press - 1 hour 19 minutes ago

    Johnson & Johnson CEO Alex Gorsky said Thursday that all three of its business segments are doing well and made significant medical advances last year. Gorsky told about 1,650 shareholders at J&J's annual ...

  • Mexico closes clinic in hyperbaric chamber death Associated Press - 1 hour 32 minutes ago

    Mexican authorities have suspended medical services at a private clinic after a patient was found dead inside a hyperbaric chamber. The federal oversight agency in charge of medicines and health care said ...

  • The tail sections of a newly designed American Airlines aircraft, a US Airways aircraft and a traditional American Airlines aircraft are lined up at at Dallas-Ft Worth International Airport

    JetBlue Airways (JBLU) disappointed as wage increases raised its costs. United Continental Holdings (UAL) posted a wider loss as revenue fell. United said it expects unit revenue to rise 1 percent to 3 percent in the three months ending in June, while American forecast a rise of 4 percent to 6 percent. Southwest, which …

  • European Central Bank President Draghi and Vice President Constancio arrive for monthly ECB news conference in Frankfurt

    The European Central Bank is looking at "all instruments including asset purchases" should it need to respond to a period of inflation being low for too long, ECB Vice President Vitor Constancio said on Thursday. Speaking in Madrid, Constancio stressed that the ECB had not yet taken any concrete decisions on potential …

  • The NASDAQ MarketSite in Times Square in New York

    "I think certainly it was an irresponsible piece of work and it served to tell a story without any research or factual checking of what was going on and I think it did a disservice to the industry," Greifeld said in an interview. Shortly before "Flash Boys" was released in late March, New York Attorney General Eric Schneiderman …

  • Business events scheduled for the coming week Associated Press - 1 hour 34 minutes ago

    MONDAY, April 28 WASHINGTON — National Association of Realtors releases pending home sales index for March, 10 a.m. Eastern time. FRANKFURT, Germany — Drug and chemical company Bayer AG reports first-quarter ...

  • Scaffolding is seen outside the NASDAQ MarketSite in Times Square in New York

    Nasdaq OMX Group Inc has not to date received a subpoena from the New York attorney general as part of its industrywide probe into allegedly unfair technological advantages on Wall Street, Nasdaq Chief ...

Next >>