Business

Trending stories

More

Latest stories

1m
USA Today
Stocks eye rebound amid sideways '16 market; Dow up more than 100U.S. stocks were rebounding in early trading Tuesday after kicking off the week
Stocks eye rebound amid sideways '16 market; Dow up more than 100
USA Today / Posted a minute ago
U.S. stocks were rebounding in early trading Tuesday after kicking off the week with small losses as investors continue to struggle with the prospect of coming interest rate hikes and navigate a market that has been volatile in 2016 but is virtually... Read more
1m
Fortune
ExxonMobil, Chevron Face a Changing Shareholder ClimateExxon Mobil Corp xom and Chevron Corp cvx will face their toughest-ever push by
ExxonMobil, Chevron Face a Changing Shareholder Climate
Fortune / Posted a minute ago
Exxon Mobil Corp xom and Chevron Corp cvx will face their toughest-ever push by shareholders concerned about a warming world at annual meetings on Wednesday, as the Paris accord to tackle climate change ratchets up investor pressure on two of the... Read more
1m
Fortune
Prince's Death Is Prompting an Uptick in WillsIn the month since Prince died and his heirs began wrangling over his estimated
Prince's Death Is Prompting an Uptick in Wills
Fortune / Posted a minute ago
In the month since Prince died and his heirs began wrangling over his estimated $300-plus million estate, many Americans have moved “draft a will”—arguably one of life’s most unpleasant tasks—to the top of their to-do lists. The rock star died on... Read more
1m
USA Today
Save Puerto Rico by setting the island freePlan to address territory's debt crisis should include independence. There’s a
Save Puerto Rico by setting the island free
USA Today / Posted a minute ago
Plan to address territory's debt crisis should include independence. There’s an old saying about raising children that “healthy birds fly away from the nest.” Applying this concept to territories of the United States, it may be time to consider... Read more
1m
The Columbus Dispatch
DSW sales, earnings disappoint investors Strong sales of athletic shoes were not enough for DSW to meet Wall Street ex
DSW sales, earnings disappoint investors
The Columbus Dispatch / Posted a minute ago
Strong sales of athletic shoes were not enough for DSW to meet Wall Street expectations as the Columbus-based footwear and accessories retailer reported disappointing first quarter earnings. In response to... Read more
2m
Los Angeles Times
Venture capital firm March Capital Partners debuts with $240-million fundIt took nearly three years, but the four men behind Los Angeles’ newest venture
Venture capital firm March Capital Partners debuts with $240-million fund
Los Angeles Times / Posted 2 minutes ago
It took nearly three years, but the four men behind Los Angeles’ newest venture capital firm say they have amassed more money for an initial fund than anyone before in Southern California. March Capital Partners pulled together $240 million from... Read more
4m
KSLA-TV Shreveport
Land annexed into Paragould, realtors expect continued growthThe Paragould city council approved annexing 40 acres of land into city limits
Land annexed into Paragould, realtors expect continued growth
KSLA-TV Shreveport / Posted 4 minutes ago
The Paragould city council approved annexing 40 acres of land into city limits Monday night. The land, located along Highway 49 South, was surrounded by city limits on three sides but was never actually in Paragould. The land was annexed in under... Read more
5m
The Star
FGV expects better results this year by being more efficientKUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV) sank into a loss in the
FGV expects better results this year by being more efficient
The Star / Posted 5 minutes ago
KUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV) sank into a loss in the first quarter (Q1) of this year, but group president and CEO Datuk Zakaria Arshad expressed confidence that the group’s full-year 2016 financial results will be an... Read more
5m
EuroNews
Moody’s downgrades Deutsche Bank’s credit ratingMoody’s doesn’t seem to have faith in Deutsche Bank’s turnround plan and so has
Moody’s downgrades Deutsche Bank’s credit rating
EuroNews / Posted 5 minutes ago
Moody’s doesn’t seem to have faith in Deutsche Bank’s turnround plan and so has downgraded the rating on its unsecured debt. Senior unsecured debt now has a Baa2 rating, down from Baa1 The credit rating agency, citing the German lender’s recent... Read more
6m
NBC Philadelphia
Wildwoods Visitor Spending Nears $1.5B Mark in 2015Visitor spending in the Wildwoods increased nearly $250 million in the last six
Wildwoods Visitor Spending Nears $1.5B Mark in 2015
NBC Philadelphia / Posted 6 minutes ago
Visitor spending in the Wildwoods increased nearly $250 million in the last six years, and in 2015 the area hit record-breaking figures, according to a new report. Tourism spending in the Wildwoods — North Wildwood, Wildwood and Wildwood Crest —... Read more
6m
Market Watch
Gold tracks 5th straight loss as higher-rate sentiment holdsAFP/Getty Images Gold futures logged a fifth straight drop on Tuesday, keeping
Gold tracks 5th straight loss as higher-rate sentiment holds
Market Watch / Posted 6 minutes ago
AFP/Getty Images Gold futures logged a fifth straight drop on Tuesday, keeping prices pinned at their lowest in several weeks amid expectations the Federal Reserve will nudge interest rates higher, dulling demand for holding precious metals. June... Read more
2 related stories
6m
Market Watch
Right on housing and Greece, Kyle Bass slips on oilBloomberg via Getty Images Kyle Bass, managing member with Hayman Advisors LP,
Right on housing and Greece, Kyle Bass slips on oil
Market Watch / Posted 6 minutes ago
Bloomberg via Getty Images Kyle Bass, managing member with Hayman Advisors LP, in 2010. Hedge-fund manager Kyle Bass made a killing when the mortgage bubble popped. He wasn’t as lucky with the oil bust. Reassured in part by a March 2015 meeting... Read more
6m
Market Watch
Microsoft stock upgraded as subscriptions revive OfficeShares of Microsoft Corp. MSFT, +0.98% were upgraded to outperform from market
Microsoft stock upgraded as subscriptions revive Office
Market Watch / Posted 6 minutes ago
Shares of Microsoft Corp. MSFT, +0.98% were upgraded to outperform from market perform at Cowen on Tuesday. The bank attributed the upgrade to improvements in its Microsoft Office business, as well as growth within its cloud-based service Azure. Both... Read more
6m
The Irish Times
Bank of England’s Carney defends message on Brexit riskCarney said the outcome of the June 23rd referendum could require the Bank to m
Bank of England’s Carney defends message on Brexit risk
The Irish Times / Posted 6 minutes ago
Carney said the outcome of the June 23rd referendum could require the Bank to make a big reassessment to how it sets interest rates, something it needed to explain to businesses and households. “It’s important not just for those in financial markets... Read more
5 related stories
7m
The Register
Booming sales of flippy detachables offers hope to glum PC marketBooming sales of computers and tablets with detachable and rotating keyboards b
Booming sales of flippy detachables offers hope to glum PC market
The Register / Posted 7 minutes ago
Booming sales of computers and tablets with detachable and rotating keyboards brought some cheer to the ailing PC market in the first quarter of 2016, according to research. Sales of detachables and convertibles rose 40 per cent to 3.6 million units... Read more
7m
Salon.com
Fiat Chrysler names new head of Alfa Romeo and MaseratiMILAN (AP) — Fiat Chrysler Automobiles on Tuesday announced that its U.S. sales
Fiat Chrysler names new head of Alfa Romeo and Maserati
Salon.com / Posted 7 minutes ago
MILAN (AP) — Fiat Chrysler Automobiles on Tuesday announced that its U.S. sales chief will take over the premium Italian Alfa Romeo and Maserati brands. The move comes as Fiat Chrysler struggles to relaunch the brands key to its global... Read more
4 related stories
7m
Salon.com
Markets Right Now: Stocks open solidly higher on Wall StreetNEW YORK (AP) — The Latest on developments in global financial markets (all tim
Markets Right Now: Stocks open solidly higher on Wall Street
Salon.com / Posted 7 minutes ago
NEW YORK (AP) — The Latest on developments in global financial markets (all times local): 9:35 a.m. Stocks are opening solidly higher on Wall Street, led by gains in technology stocks and banks. Apple and Microsoft each rose about 1 percent in... Read more
29 related stories
7m
WFTV 9 Orlando
Police at Google's Paris office after reports of tax raidPARIS (AP) — French police have raided Google's Paris offices as part of an inv
Police at Google's Paris office after reports of tax raid
WFTV 9 Orlando / Posted 7 minutes ago
PARIS (AP) — French police have raided Google's Paris offices as part of an investigation into "aggravated tax fraud" and money laundering, authorities said Tuesday. The raid is the latest regulatory headache for the American search engine-and-email... Read more
4 related stories
8m
The Financial Express
Mutual Funds increase exposure in bank stocks on cheaper valuation“The recent focus in clean-up of the Indian banking systems by the RBI and gove
Mutual Funds increase exposure in bank stocks on cheaper valuation
The Financial Express / Posted 8 minutes ago
“The recent focus in clean-up of the Indian banking systems by the RBI and government by rightly recognising NPAs (non-performing assets) to start with has beaten down banking stocks,” Wealthforce.com founder Siddhant Jain said. (Source: IE) Mutual... Read more
8m
The Financial Express
High interest rates impacting industry, small business: Nirmala SitharamanThe minister said she has already taken up the matter with the Finance Ministry
High interest rates impacting industry, small business: Nirmala Sitharaman
The Financial Express / Posted 8 minutes ago
The minister said she has already taken up the matter with the Finance Ministry and written to the Central Bank on the issue. (PTI) The minister said she has already taken up the matter with the Finance Ministry and written to the Central Bank on... Read more
3 related stories
8m
The Financial Express
Russia shows keen interest in cooperation with HaryanaHaryana has also assured all support and cooperation for further strengthening
Russia shows keen interest in cooperation with Haryana
The Financial Express / Posted 8 minutes ago
Haryana has also assured all support and cooperation for further strengthening business ties with Russia. (PTI) Russia has shown keen interest in mutual cooperation with Haryana in areas of aerospace and semi-conductor chip manufacturing. Haryana... Read more
9m
NBC Chicago
U of Chicago Plans $50M Entrepreneurship CenterThe University of Chicago plans to create a $50 million entrepreneurship and in
U of Chicago Plans $50M Entrepreneurship Center
NBC Chicago / Posted 9 minutes ago
The University of Chicago plans to create a $50 million entrepreneurship and innovation center. The school announced late Monday that the center will be funded with a commitment of $50 million from University Trustee Michael Polsky, including a new... Read more
11m
Business Standard India
Lack of quality produce pushes up cotton prices to Rs 36,500 a candySlight improvement in demand from textile mills supports price uptrend Accordi
Lack of quality produce pushes up cotton prices to Rs 36,500 a candy
Business Standard India / Posted 11 minutes ago
Slight improvement in demand from textile mills supports price uptrend According to industry sources, during the past week, cotton prices have gone up by almost Rs 500-600 per... Read more
11m
Business Standard India
VRL Promoters' plan to fly lead to crash landing of stockA 32% drop in Q4 net aided the fall in stock on the stock exchanges The stock
VRL Promoters' plan to fly lead to crash landing of stock
Business Standard India / Posted 11 minutes ago
A 32% drop in Q4 net aided the fall in stock on the stock exchanges The stock nose-dived to Rs 315.10, down Rs 78.75 on the Bombay Stock Exchange (BSE). VRL's promoters, Vijay Sankeshwar and... Read more
123 related stories
11m
Business Standard India
Infosys to run German bank's IT operationsThe IT major will streamline the investment bank's IT architecture and consolid
Infosys to run German bank's IT operations
Business Standard India / Posted 11 minutes ago
The IT major will streamline the investment bank's IT architecture and consolidate its systems and applications to service clients better "We will remodel the investment banking IT architecture, optimise IT... Read more
2 related stories
11m
Business Standard India
Why impending Fed rate hike news should not make investors panicThe best response to the event will be to stick to the asset allocation in your
Why impending Fed rate hike news should not make investors panic
Business Standard India / Posted 11 minutes ago
The best response to the event will be to stick to the asset allocation in your long-term portfolios After the minutes of the US Federal Reserve’s April meeting, where a rate hike was... Read more
11m
Business Standard India
Fair-market value formula for indirect share transfers not fair: ExpertsThe move could create troubles for both tax payer and the departmentin
Fair-market value formula for indirect share transfers not fair
Business Standard India / Posted 11 minutes ago
: ExpertsThe move could create troubles for both tax payer and the departmentin different situations Tax consultants and experts are seeing various irritants in the draft rules on... Read more
4 related stories
11m
Business Standard India
Milestone exits Mumbai project with 2.3 times returnsMilestone exited with Rs 280 crore in Neptune Group's Swarajya project wherein
Milestone exits Mumbai project with 2.3 times returns
Business Standard India / Posted 11 minutes ago
Milestone exited with Rs 280 crore in Neptune Group's Swarajya project wherein it had invested Rs 120 crore in May 2011 through Milestone Domestic Fund II & Milestone Fund Milestone exited with Rs... Read more
11m
Business Standard India
Axis Bank's top brass to take 20-50% cut in variable payThe decision to take a cut in variable pay came after the Q4FY16 results when t
Axis Bank's top brass to take 20-50% cut in variable pay
Business Standard India / Posted 11 minutes ago
The decision to take a cut in variable pay came after the Q4FY16 results when the lender reported a decline in its net profit after 46 quarters The country's third-largest private sector lender... Read more
12m
CTV News
Report: European banks to struggle, may need to cut costsFRANKFURT -- European banks are likely to struggle to make profits in months ah
Report: European banks to struggle, may need to cut costs
CTV News / Posted 12 minutes ago
FRANKFURT -- European banks are likely to struggle to make profits in months ahead and may need to cut costs, merge or change their business strategies to return to solid health, a report said Tuesday. In its review of financial stability in the... Read more
3 related stories
More