• News
  • Business News

Business News


US delays review of Keystone XL pipeline

Apr 18, 2014

By JOSH LEDERMAN and DINA CAPPIELLO, Associated Press

WASHINGTON (AP) — The State Department is giving federal agencies more time to review the Keystone XL pipeline before deciding whether to issue a permit.

That could push a decision about the controversial oil pipeline until after the midterm ...

Read More

5 features an Amazon phone might offer

Apr 18, 2014

By MAE ANDERSON, AP Business Writer

NEW YORK (AP) — Rumors of an Amazon smartphone reached a fever pitch this week, with the Wall Street Journal reporting that the device could be due out this year.

Amazon hasn't confirmed that it has plans for a smartphone, and it isn't clear what such a device ...

Read More

Appeals court rejects challenge on cement plants

Apr 18, 2014

WASHINGTON (AP) — A federal appeals court on Friday turned aside a challenge by environmental groups to an air pollution standard for cement plants.

In a 3-0 decision, the appeals court said the emissions-related provisions of the Environmental Protection Agency standard are permissible.

The ...

Read More

US newspaper industry revenue fell 2.6 pct in 2013

Apr 18, 2014

NEW YORK (AP) — U.S. newspaper industry revenue continued to fall last year, as increases in circulation revenue failed to offset shrinking demand for print advertising.

The Newspaper Association of America says the industry's revenue fell 2.6 percent to $37.59 billion in 2013.

Revenue from print ...

Read More

French President Hollande's top aide resigns

Apr 18, 2014

PARIS (AP) — The French president's top adviser resigned Friday following allegations of a past conflict of interest, striking a new blow to the already unpopular Francois Hollande.

Aquilino Morelle —Hollande's political adviser and head of his communication staff — had denied allegations by the ...

Read More

Chobani to expand offerings amid competition

Apr 18, 2014

NEW YORK (AP) — Chobani plans to expand beyond its Greek yogurt cups this summer as it faces intensifying competition in the fast growing category.

Starting in July, the company plans to offer Chobani Oats, which is yogurt mixed with fruit and oats; a dessert called Chobani Indulgent and new ...

Read More

Asia stocks rise in abbreviated trading

Apr 18, 2014

BEIJING (AP) — Asian stocks were mostly higher in trading muted by Good Friday observance.

Markets in Europe, the U.S. and many countries in Asia were closed for the holiday. Oil trading also was suspended.

Among the markets that traded, Tokyo's Nikkei 225 gained 0.7 percent to 14,516.27 while ...

Read More

Brewers seeks to rekindle Belgium's love of beer

Apr 18, 2014

By RAF CASERT, Associated Press

DWORP, Belgium (AP) — The ruby lettering on the front of the old corner pub "In de Welkom" has peeled almost beyond recognition. Owner Leza Wauters, a tough 87-year-old, is holding on to her business but can't say how much longer. Sooner or later, yet another bar with ...

Read More

Late sign-ups improve outlook for Obama health law

Apr 18, 2014

By RICARDO ALONSO-ZALDIVAR and JOSH LEDERMAN, Associated Press

WASHINGTON (AP) — The outlook for President Barack Obama's health care law is getting better, with more people enrolled overall and a much-needed surge of interest among young adults.

The president announced Thursday that 8 million have ...

Read More

Asian stocks mostly higher after mixed US earnings

Apr 17, 2014

BEIJING (AP) — Asian stocks were mostly higher Friday despite mixed U.S. earnings reports with many of the region's exchanges closed for Good Friday.

Oil trading also was suspended for the holiday.

Tokyo's Nikkei 225 gained 0.6 percent to 14,504.47. China's benchmark Shanghai Composite Index shed ...

Read More

IRS audits less than 1 percent of big partnerships

Apr 17, 2014

By STEPHEN OHLEMACHER, Associated Press

WASHINGTON (AP) — The Internal Revenue Service audits fewer than 1 percent of large business partnerships, according to a government report released Tuesday.

That means some of Wall Street's largest hedge funds and private equity firms are largely escaping ...

Read More

Judge wants Detroit mayor to back bankruptcy plan

Apr 17, 2014

By ED WHITE, Associated Press

DETROIT (AP) — Looking years ahead, the judge overseeing Detroit's bankruptcy said Thursday he wants assurances from the mayor and other elected leaders that they'll follow a final plan that likely cuts pensions, sheds debt and plows millions into better services.

The ...

Read More

US stock market ends higher as earnings pour in

Apr 17, 2014

By ALEX VEIGA, AP Business Writer

A batch of U.S. company earnings drove stocks mostly higher on Thursday.

The major stock indexes shifted between small gains and losses ahead of their scheduled close for Good Friday. The gains kept the indexes ahead for the week, though the remained down for the ...

Read More

President defending health law good for some Dems

Apr 17, 2014

By CHARLES BABINGTON and RICARDO ALONSO-ZALDIVAR, Associated Press

WASHINGTON (AP) — President Barack Obama's full-throated defense of his health care overhaul seems perfectly timed for Democrats who want their party to embrace the law more enthusiastically.

At a White House news conference Thursday,

Read More

Morgan Stanley's income rose 18 percent

Apr 17, 2014

NEW YORK (AP) — Investment bank Morgan Stanley said Thursday that its first-quarter income rose 18 percent from a year ago, helped by higher earnings in its trading and merger and acquisitions advisory businesses.

THE RESULTS: Morgan Stanley earned $1.39 billion, up from $1.18 billion in the same ...

Read More

BNSF outlines fertilizer shipment plan to feds

Apr 17, 2014

By JAMES MacPHERSON, Associated Press

BISMARCK, N.D. (AP) — BNSF Railway Co. will add trains in the Dakotas, Minnesota and Montana solely for transporting fertilizer for spring crop planting, the railroad has told a federal oversight board.

"Simply put, we are working to deliver high volumes of ...

Read More

GM 1Q global sales up 2 pct to 2.42M

Apr 17, 2014

DETROIT (AP) — General Motors says it sold 2.42 million cars and trucks in the first three months of the year, keeping it slightly ahead of Volkswagen in the global sales race.

The Detroit automaker says its sales grew 2 percent worldwide from January through March. The company was led by 13 ...

Read More

Russian state media claim AP skews Putin coverage

Apr 17, 2014

MOSCOW (AP) — Kremlin-controlled television channels criticized The Associated Press' international television service for cutting into its live feed of President Vladimir Putin's nearly four-hour call-in show to send footage from other developing news stories, including the attempted raid on a ...

Read More

Wal-Mart jumps into the money transfer biz, loudly

Apr 17, 2014

By ANNE D'INNOCENZIO, AP Retail Writer

NEW YORK (AP) — Wal-Mart is delving deeper into financial services at its stores and shaking up the money transfer business.

The world's largest retailer introduced a new money transfer service Thursday that it says will cut fees for its low-income customers by ...

Read More

Judge won't order recalled GM cars to be parked

Apr 17, 2014

DETROIT (AP) — A Texas federal judge has denied an emergency motion that would have forced General Motors to tell owners of more than 2 million recalled cars to stop driving them until the ignition switches are replaced.

U.S. District Judge Nelva Gonzales Ramos issued her order Thursday in Corpus ...

Read More

You Might Also Like