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Updated: 1 year 8 months ago

Fed Eyes Financial System's Weak Link

Sun, 12/01/2013 - 4:10pm
Regulators have spent the past five years trying to siphon risk out of the financial system, but the Federal Reserve sees one major piece of unfinished business: short-term funding.
Categories: Financial News

Steel Giants to Buy ThyssenKrupp's Alabama Plant

Sun, 12/01/2013 - 3:19pm
ArcelorMittal's CEO said the purchase of a steel plant in Alabama from Germany's ThyssenKrupp would help his company benefit from the resurgent U.S. auto industry, one of the few bright spots in the global steel business.
Categories: Financial News

Krispy Kreme Is Rich

Sun, 12/01/2013 - 2:23pm
Ahead of the Tape: There is no sign of the financial snafus that slammed Krispy Kreme a decade ago, but growth isn't all it seems.
Categories: Financial News

Banks' Troubles Echo Across Italy

Sun, 12/01/2013 - 1:53pm
The financial woes of smaller Italian banks are leading to cuts in lending that are hammering businesses, while communities contend with lost jobs and reduced charitable donations.
Categories: Financial News

'Catching Fire,' 'Frozen' Are Hot at the Movies

Sun, 12/01/2013 - 1:47pm
"The Hunger Games: Catching Fire" and "Frozen" both broke box-office records for five-day grosses over the holiday weekend.
Categories: Financial News

Sales Grow 2.3% as Holiday Season Kicks Off

Sun, 12/01/2013 - 12:47pm
Steep discounts on clothes and toys drew slightly more consumers to stores on Thanksgiving and Black Friday, but they continued to be frugal. Sales for the two days rose 2.3% from a year ago to $12.3 billion, ShopperTrak said.
Categories: Financial News

EU Financial-Transactions Tax Faces More Delays

Sun, 12/01/2013 - 10:30am
A European plan to tax a sweeping range of financial transactions is facing new delays even after winning the support of Germany's biggest political parties.
Categories: Financial News

Retail Sales Rise Over Holiday

Sun, 12/01/2013 - 4:18am
Sales rose 2.3% to $12.3 billion on Thanksgiving and Black Friday as discounts and earlier hours drew slightly more shoppers into U.S. stores, according to preliminary results from market researcher ShopperTrak.
Categories: Financial News

China's Factory Activity Grows in November

Sat, 11/30/2013 - 10:58pm
China got a mixed picture of its manufacturing health in November, as a gauge of factory activity showed expansion but with signs of weakness ahead.
Categories: Financial News

Trial by Fire for Tesla True Believers

Sat, 11/30/2013 - 1:57pm
There are few stocks like Tesla Motors, which has risen far and fast, accumulating strident adherents and steadfast detractors along the way.
Categories: Financial News

East Africa Takes Step Toward Single Currency

Sat, 11/30/2013 - 10:22am
Heads of state in East Africa signed a monetary-union deal, setting the clock on a 10-year timeline for the establishment of a regional single currency.
Categories: Financial News

ThyssenKrupp Sees Probe of Mill Sale

Sat, 11/30/2013 - 10:00am
U.S. antitrust authorities will likely study the planned sale of an Alabama steel rolling mill to a consortium, ThyssenKrupp's CEO says.
Categories: Financial News

U.S. Airlines Advised to Comply With China Defense Zone

Sat, 11/30/2013 - 8:45am
The Federal Aviation Administration has advised U.S. commercial airlines to abide by China's newly declared air-defense zone.
Categories: Financial News

China Unveils IPO Guidelines Ahead of Flood

Sat, 11/30/2013 - 6:56am
In a move to reopen the new-issue floodgate following a 13-month hiatus, China's securities regulator issued IPO guidelines that give the market the job of judging value and risks.
Categories: Financial News

Takeda Taps Glaxo Executive as CEO Candidate

Sat, 11/30/2013 - 5:55am
Asia's biggest drug maker picked as candidate for its next CEO a GlaxoSmithKline executive who would be the first foreign national to head the Japanese company in its 232-year history.
Categories: Financial News

ThyssenKrupp Sells Alabama Steel Mill

Fri, 11/29/2013 - 8:11pm
ThyssenKrupp said it would sell its troubled Alabama steel plant to a joint venture formed by ArcelorMittal and Nippon Steel & Sumitomo Metal for $1.55 billion.
Categories: Financial News

Cnooc Seeks to Export Canadian LNG

Fri, 11/29/2013 - 6:22pm
The Canadian unit of Chinese state-owned energy company Cnooc applied with Canada's federal energy regulator for permission to export liquefied natural gas from Canada's Pacific coast.
Categories: Financial News

Coal Plants Struggle in Appalachia

Fri, 11/29/2013 - 4:42pm
Coal has regained a little ground this year as the fuel of choice for U.S. power plants—except in Appalachia, where natural gas for electricity generation has become extremely cheap.
Categories: Financial News

Gold Has Worst November in 35 Years

Fri, 11/29/2013 - 4:11pm
Gold prices dropped 5.5% in November, logging their worst showing for that month since 1978 as a brighter economic landscape fanned fears of reduced Federal Reserve stimulus.
Categories: Financial News

Bonds Lost Ground in November

Fri, 11/29/2013 - 4:09pm
Most bond investments lost ground in November amid renewed fears that the Federal Reserve could scale back its monthly debt purchases as soon as next month.
Categories: Financial News

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