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Updated: 1 year 2 months ago

U.S. Warns Airlines of Engine Icing Risk

Wed, 11/27/2013 - 9:56am
U.S. aviation regulators have mandated special safety precautions to prevent dangerous in-flight icing on General Electric jet engines, citing more incidents than were previously disclosed.
Categories: Financial News

Peugeot in CEO Pension Clash

Wed, 11/27/2013 - 9:22am
PSA Peugeot Citroën found itself in a fierce dispute over the terms of a retirement plan for its outgoing chief executive, publicly clashing with a potential investor—the French government.
Categories: Financial News

Orange Sells Latin American Unit

Wed, 11/27/2013 - 8:58am
The French telecommunications company agrees to sell its Dominican Republic unit to lower its debt and prepare the ground for possible acquisitions in Europe.
Categories: Financial News

CVS to Buy Coram for $2.1 Billion

Wed, 11/27/2013 - 8:33am
CVS agreed to buy medical provider Coram from Apria Healthcare for roughly $2.1 billion, continuing its push into the specialty drug market.
Categories: Financial News

U.S. FDA Bans Imports from Wockhardt Facility

Wed, 11/27/2013 - 8:24am
The U.S. Food and Drug Administration banned imports from one of the plants of Indian drug maker Wockhardt, in the latest example of increased global scrutiny of Indian generic drug makers.
Categories: Financial News

Burberry Appeals China Ban on Its Trademark Pattern

Wed, 11/27/2013 - 8:02am
Burberry is appealing a decision by Chinese authorities to cancel the luxury retailer's trademark for its signature beige-black-and-red pattern there, in the latest in a string of trademark problems foreign companies have faced in China.
Categories: Financial News

Creditors Get Critical on Detroit Art

Wed, 11/27/2013 - 7:02am
A group of Detroit's creditors asked a bankruptcy judge to appoint a committee to value the Detroit Institute of Arts' collection.
Categories: Financial News

European Stocks Continue to Rise

Wed, 11/27/2013 - 6:38am
Markets boosted by news of coalition agreement in Germany, political stability in Italy and positive data from the German consumer sector.
Categories: Financial News

Consumer Spending Fuels U.K. Growth

Wed, 11/27/2013 - 4:25am
U.K. economic growth in the third quarter of the year was driven by the fastest rise in household spending in more than three years
Categories: Financial News

Thailand Surprises With Interest-Rate Cut

Wed, 11/27/2013 - 4:18am
Thailand's central bank cut interest rates to the lowest in three years, citing a poor economic outlook and political tension that is hurting investor confidence.
Categories: Financial News

European Stocks Rise After U.S. Gains

Wed, 11/27/2013 - 4:02am
European stock markets rose, boosted by signs of political stability in the euro zone and after another record close on Wall Street overnight.
Categories: Financial News

Royal Mail First-Half Profit Rises

Wed, 11/27/2013 - 3:39am
Recently listed Royal Mail reported a rise in first-half profit, but cautioned that it was winning fewer new business customers and that some had switched to competitors fearing strike action.
Categories: Financial News

New Accor CEO Sets Growth Plan

Wed, 11/27/2013 - 3:06am
Sebastien Bazin—the former private-equity executive who became Accor's CEO in August—said the French hotel group will be divided into two business poles.
Categories: Financial News

Australia Resource Investment Slides

Wed, 11/27/2013 - 2:37am
Spending on resource projects in Australia fell sharply from May to October, as companies scaled back expansion plans and wrapped up major developments.
Categories: Financial News

Asian Shares Fall

Tue, 11/26/2013 - 7:54pm
Asian markets are lower, with Japanese stocks weighed by a stronger yen, and the Australian dollar maintaining its weakness. The Nikkei fell 0.4% but is up 7.9% month-to-date.
Categories: Financial News

Surging Nasdaq Pierces 4000

Tue, 11/26/2013 - 7:11pm
The Nasdaq's climb underscores the vast shifts in the global economy and the financial markets since the index became a household name during the tech boom of the late 1990s.
Categories: Financial News

Greece to Join Emerging-Markets Index

Tue, 11/26/2013 - 6:33pm
Relatively high share valuations give some fund managers cause for caution as a widely tracked stock index prepares to add the nation.
Categories: Financial News

Volatile Loans Finding New Fans

Tue, 11/26/2013 - 6:30pm
Investment funds aimed at individual investors are barreling into collateralized loan obligations, a complex and volatile type of security that was shaken by the financial crisis.
Categories: Financial News

TiVo's Subscriptions Continue to Rise

Tue, 11/26/2013 - 5:48pm
TiVo's quarterly revenue rose as the maker of TV set-top boxes increased its subscriber count for the ninth straight quarter
Categories: Financial News

Key Witness Takes Stand in SAC Trader's Trial

Tue, 11/26/2013 - 5:26pm
Jon Horvath, the government's star witness in the insider-trading case against SAC Capital Advisors portfolio manager Michael Steinberg, began his testimony Tuesday.
Categories: Financial News

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