Business

Trending stories

More

Latest stories

2m
MacDailyNews
Putin’s new internet czar wants to force apple to pay more taxes – MacDailyNews“When he’s not checking Gmail on his MacBook, Vladimir Putin’s new Internet cza
Putin’s new internet czar wants to force apple to pay more taxes – MacDailyNews
MacDailyNews / Posted 2 minutes ago
“When he’s not checking Gmail on his MacBook, Vladimir Putin’s new Internet czar can’t stop railing against American technology companies,” Ilya Khrennikov and Stepan Kravchenko report for Bloomberg. “Google, Apple Inc. and Microsoft Corp.,... Read more
2m
The Hindu
Rupee snaps 2-day losing run, up 4 paise at 67.90In a volatile trade today, the rupee snapped its two-day losing streak against
Rupee snaps 2-day losing run, up 4 paise at 67.90
The Hindu / Posted 2 minutes ago
In a volatile trade today, the rupee snapped its two-day losing streak against the US currency by recovering 4 paise to 67.90 on fresh selling of dollars by banks and exporters, despite sustained fall in equities. The weaker dollar in the overseas... Read more
3m
The Courier Mail
Borrowers hunt for home loan bargainsCredit Union survey shows increasing number of Australians are shopping around.
Borrowers hunt for home loan bargains
The Courier Mail / Posted 3 minutes ago
Credit Union survey shows increasing number of Australians are shopping around. Australians are shopping around for mortgage deals more than they were six months ago - before the big banks raised their interest rates. Around 42 per cent of mortgage... Read more
5m
Zero Hedge
WTI Plunges Back Below $30 After Goldman "Teens" & IEA Excess-Supply WarningI wish I were back in my teens again.....or maybe not Bloomberg Suggests Banni
WTI Plunges Back Below $30 After Goldman "Teens" & IEA Excess-Supply Warning
Zero Hedge / Posted 5 minutes ago
I wish I were back in my teens again.....or maybe not Bloomberg Suggests Banning Young Minority Males from Gun Ownership http://www.breitbart.com/big-government/2015/02/07/bloomberg-suggests-ba...According to The Aspen Times, Bloomberg addressed a... Read more
5m
Zero Hedge
European Sovereign Risk Soars As Bank Contagion SpreadsThe ECB's "whatever it takes" ponzi strategy of keeping the dream alive in Euro
European Sovereign Risk Soars As Bank Contagion Spreads
Zero Hedge / Posted 5 minutes ago
The ECB's "whatever it takes" ponzi strategy of keeping the dream alive in Europe's financial system has finally been caught as rapid collapse in the banking system is contagiously spreading to peripheral sovereigns once again. Portugal risk spreads... Read more
5m
Zero Hedge
They Broke the Silver FixLast Thursday, January 28, there was a flash crash on the price chart for silve
They Broke the Silver Fix
Zero Hedge / Posted 5 minutes ago
Last Thursday, January 28, there was a flash crash on the price chart for silver. Here is a graph of the price action. The Price of Silver, Jan 28 (All times GMT) If you read more about it, you will see that there was an irregularity around the... Read more
5m
Zero Hedge
US Investment Grade Credit Risk Spikes To 5-Year Highs Neeeeeeext! Janet to the rescue "Investment Grade Credit" = the original co
US Investment Grade Credit Risk Spikes To 5-Year Highs
Zero Hedge / Posted 5 minutes ago
Neeeeeeext! Janet to the rescue "Investment Grade Credit" = the original contradiction in terms Are the German people finally going to get mad when they figure out Deutsche has the exposure... Read more
5m
Zero Hedge
A Confused Deutsche Bank Takes To Twitter Seeking Answers For Market CrashDeutsche Bank is going down faster than Monica Lewinsky on Bill… or Hillary on
A Confused Deutsche Bank Takes To Twitter Seeking Answers For Market Crash
Zero Hedge / Posted 5 minutes ago
Deutsche Bank is going down faster than Monica Lewinsky on Bill… or Hillary on Huma… ;-) Most TBTF Banks are down 25% - 30% last three months. Perhaps 64,000,000,000,000 in Derivatives has some worried? #ASSUMETHEPOSITION This stupid bank? Try... Read more
5m
Zero Hedge
Gold Up 12%, Silver Up 11% YTD As Stocks Crash ... AgainGold jumped 2 percent to a 7-1/2-month high yesterday, briefly touching the psy
Gold Up 12%, Silver Up 11% YTD As Stocks Crash ... Again
Zero Hedge / Posted 5 minutes ago
Gold jumped 2 percent to a 7-1/2-month high yesterday, briefly touching the psychological level of $1,200 an ounce. Falling bank shares and stock markets and worries over global economic growth and a new financial crisis prompted investors to seek... Read more
5m
IAfrica South African Business News
'We have to start working together'Government and the private sector business should do more together to ensure co
'We have to start working together'
IAfrica South African Business News / Posted 5 minutes ago
Government and the private sector business should do more together to ensure continued investment in South Africa, President Jacob Zuma said. The president was addressing an investor luncheon in Cape Town on Tuesday, where he briefed chief... Read more
2 related stories
5m
The Wilmington Star-News
Japan 10-year bond yield negative for first timeLONDON (AP) � The latest on the turmoil afflicting global financial markets (al
Japan 10-year bond yield negative for first time
The Wilmington Star-News / Posted 5 minutes ago
LONDON (AP) � The latest on the turmoil afflicting global financial markets (all times local): 10:25 a.m. Not all financial assets are suffering during this tumultuous start to 2016. Though stock markets around the world may be experiencing one of... Read more
6 related stories
5m
The Wilmington Star-News
Fortis buying electric transmission company ITC for $6.9BNEW YORK (AP) � Canadian utility Fortis is buying electric transmission company
Fortis buying electric transmission company ITC for $6.9B
The Wilmington Star-News / Posted 5 minutes ago
NEW YORK (AP) � Canadian utility Fortis is buying electric transmission company ITC Holdings in a cash-and-stock deal valued at about $6.9 billion as it looks to further diversify its business. ITC Holdings Corp. shareholders will receive $22.57 per... Read more
16 related stories
5m
Smyrna Clayton Sun Times
MAKING CENTS: Investing requires attentionWhen building an investment portfolio, there are two ways to construct and moni
MAKING CENTS: Investing requires attention
Smyrna Clayton Sun Times / Posted 5 minutes ago
When building an investment portfolio, there are two ways to construct and monitor that portfolio. One is with active management and the other is passive management.Neither is right or wrong, and the condition of financial markets may favor one over... Read more
5 related stories
7m
Fortune
Deutsche Bank CEO Pressed to Assure Investors Bank Is SolventIn a memo to employees today, Deutsche Bank co-CEO John Cryan told his colleagu
Deutsche Bank CEO Pressed to Assure Investors Bank Is Solvent
Fortune / Posted 7 minutes ago
In a memo to employees today, Deutsche Bank co-CEO John Cryan told his colleagues that they could reassure their clients that “Deutsche Bank remains absolutely rock-solid.” It was a startling admission of vulnerability for the bank’s unflinching... Read more
4 related stories
7m
Fortune
Sears Is Closing at Least 50 More StoresSo where is Sears’ promised transformation into a modern day retailer? The dep
Sears Is Closing at Least 50 More Stores
Fortune / Posted 7 minutes ago
So where is Sears’ promised transformation into a modern day retailer? The department store company has talked a good talk in the last few years about turning itself from a traditional retailer dependent on big box stores into one that is more... Read more
3 related stories
7m
USA Today
Ask Matt: Why is cheap oil bad for stocks?Q: Why is cheap oil bad for stocks? A: Falling oil prices are routinely blamed
Ask Matt: Why is cheap oil bad for stocks?
USA Today / Posted 7 minutes ago
Q: Why is cheap oil bad for stocks? A: Falling oil prices are routinely blamed for hurting stocks. It might seem counterintuitive, but seeing a commodity market in free fall makes most investors nervous. Cheap oil on its face should be a boon for... Read more
6 related stories
7m
USA Today
Amid global tumult, U.S. stocks tumble ahead of openStocks are set to open sharply lower again on Wall Street Tuesday as stock futu
Amid global tumult, U.S. stocks tumble ahead of open
USA Today / Posted 7 minutes ago
Stocks are set to open sharply lower again on Wall Street Tuesday as stock futures tumbled after a brief oil rally faded and tumult in global stock markets continued overnight with Japanese shares falling more than 5%. Global investors are... Read more
10m
KOB 4 Albuquerque
Fortis buying electric transmission company ITC for $6.9BNEW YORK (AP) — Canadian utility Fortis is buying electric transmission company
Fortis buying electric transmission company ITC for $6.9B
KOB 4 Albuquerque / Posted 10 minutes ago
NEW YORK (AP) — Canadian utility Fortis is buying electric transmission company ITC Holdings in a cash-and-stock deal valued at about $6.9 billion as it looks to further diversify its business. ITC owns and runs high-voltage transmission facilities... Read more
16 related stories
10m
KSWO Lawton-Wichita Falls
Home prices rise across E. TexasIf you're looking for a home in East Texas, expect to pay more. That's accordi
Home prices rise across E. Texas
KSWO Lawton-Wichita Falls / Posted 10 minutes ago
If you're looking for a home in East Texas, expect to pay more. That's according to new real estate data from across the state, which shows home prices continue to rise. Early data shows 2016 is on pace with last year for growing home sales and... Read more
11m
The Age
Australian Open serves hotels an occupancy aceChoice Hotels Asia-Pac has formed a strategic alliance with boutique luxury bra
Australian Open serves hotels an occupancy ace
The Age / Posted 11 minutes ago
Choice Hotels Asia-Pac has formed a strategic alliance with boutique luxury brand Adara Hotels Apartments, which includes Adara Camperdown in Sydney. Tennis greats Novak Djokovic and Angelique Kerber weren't the only winners at this year's... Read more
2 related stories
11m
The Age
Shopping Centres Australasia forecasts solid growthGreenbank Shopping Centre, south of Brisbane, bought by SCA for $23 million. Ph
Shopping Centres Australasia forecasts solid growth
The Age / Posted 11 minutes ago
Greenbank Shopping Centre, south of Brisbane, bought by SCA for $23 million. Photo: David Millar Shopping Centres Australasia has offset the softer sales growth from the ongoing supermarket wars with a rise in specialty store turnover to report a... Read more
2 related stories
11m
The Age
Hotel investment tipped to reach $12 billionAfter Far East Organisation and Sino Group agreed to pay $445,300,000 for the l
Hotel investment tipped to reach $12 billion
The Age / Posted 11 minutes ago
After Far East Organisation and Sino Group agreed to pay $445,300,000 for the landmark Westin Sydney, there has been plenty of attention for the sector. The boomtime for the Asia Pacific hotel sector is tipped to attract a proportion of the forecast... Read more
2 related stories
11m
Market Watch
UniCredit profit hit by strategic revampMILAN--UniCredit SpA said Tuesday that its fourth-quarter net profit dropped 10
UniCredit profit hit by strategic revamp
Market Watch / Posted 11 minutes ago
MILAN--UniCredit SpA said Tuesday that its fourth-quarter net profit dropped 10%, hit mainly by costs related to its recently announced strategic plan, but still beat analysts forecasts that it would report a loss. Italy's largest bank by assets... Read more
12m
West Moreland Gazette
BAE Systems gets £201m from MoD to progress development of Successor submarine at Furness yardTHE Ministry of Defence has awarded BAE Systems £201m to further the design of
BAE Systems gets £201m from MoD to progress development of Successor submarine at Furness yard
West Moreland Gazette / Posted 12 minutes ago
THE Ministry of Defence has awarded BAE Systems £201m to further the design of a successor to the Royal Navy's Vanguard class submarines. The funding will allow the business to mature the design of the new class of submarines, which will carry the... Read more
2 related stories
12m
Market Watch
PayPal appoints Sri Shivananda as chief technology officerPayPal Holdings Inc. PYPL, -4.16% appointed Sri Shivananda as the company's new
PayPal appoints Sri Shivananda as chief technology officer
Market Watch / Posted 12 minutes ago
PayPal Holdings Inc. PYPL, -4.16% appointed Sri Shivananda as the company's new chief technology officer, the company said Tuesday. Shivanda will begin April 1 and will take over from James Barrese, who the company said will "step down to take time... Read more
12m
Market Watch
Deutsche Bank Co-CEO Cryan says bank 'rock-solid'FRANKFURT-- Deutsche Bank AG co-Chief Executive John Cryan on Tuesday sought to
Deutsche Bank Co-CEO Cryan says bank 'rock-solid'
Market Watch / Posted 12 minutes ago
FRANKFURT-- Deutsche Bank AG co-Chief Executive John Cryan on Tuesday sought to reassure employees about the bank's finances, saying that while it would likely raise legal provisions this year, the lender "remains rock-solid." Mr. Cryan's comments,... Read more
4 related stories
12m
Market Watch
CVS profit grows, but outlook softCVS Health Corp. reported higher profit and revenue in its fourth quarter drive
CVS profit grows, but outlook soft
Market Watch / Posted 12 minutes ago
CVS Health Corp. reported higher profit and revenue in its fourth quarter driven by growth in its pharmacy businesses, but the company gave a soft earnings forecast for its current quarter. CVS said it expects earnings of $1.14 a share to $1.17 a... Read more
3 related stories
12m
Market Watch
CVS growth boosted by acquisitions, pharmaCVS Health Corp. reported higher profit and revenue in its fourth quarter, as r
CVS growth boosted by acquisitions, pharma
Market Watch / Posted 12 minutes ago
CVS Health Corp. reported higher profit and revenue in its fourth quarter, as recent acquisitions and strength in its pharmacy-services business continue to drive growth. CVS's reimbursement rates have been under pressure as more drugs are dispensed... Read more
3 related stories
12m
Market Watch
RetailMeNot offers soft outlookRetailMeNot Inc. on Tuesday reported revenue that came in ahead of its guidance
RetailMeNot offers soft outlook
Market Watch / Posted 12 minutes ago
RetailMeNot Inc. on Tuesday reported revenue that came in ahead of its guidance range in the fourth quarter as earnings fell less than Wall Street had expected. However, the company offered a soft outlook for the current year, missing analyst... Read more
12m
Market Watch
Yelp stock suffers price target cuts and slumps 5%Shares of Yelp Inc. YELP, -11.27% fell 5% in premarket trade Tuesday after the
Yelp stock suffers price target cuts and slumps 5%
Market Watch / Posted 12 minutes ago
Shares of Yelp Inc. YELP, -11.27% fell 5% in premarket trade Tuesday after the company's weaker-than-expected financial outlook and CFO resignation prompted a handful of price target cuts on its stock. RBC Capital cut its 12-month target to $33 from... Read more
More