Latest News


  • Brother of US journalist condemns 'cruel' detention in Iran
    Associated Press | October 13, 2015 10:24 am
    The brother of Jason Rezaian, the Washington Post journalist detained in Iran and convicted in secret, described his brother's imprisonment as "cruel and inhumane" Tuesday and called on the U.S. government to take "any appropriate actions" to win his freedom.
  • Fortress closing major hedge fund, parting with manager
    Associated Press | October 13, 2015 10:08 am
    Fortress Investment Group LLC is closing a major hedge fund and parting ways with the money manager who ran it amid the turmoil that has roiled financial markets around the world.
  • Johnson & Johnson posts mixed 3Q results, authorizes buyback
    Associated Press | October 13, 2015 10:08 am
    the hoped-for growth driver -- was anemic even after adjusting for currency swings, and the domestic market is dead in the water," wrote analyst Erik Gordon, a professor at the University of Michigan's Ross School of Business.
  • Ex-Anglo bank chief faces 33 charges if extradited to Dublin
    Associated Press | October 13, 2015 9:48 am
    Unsealed court documents show that Ireland hopes to prosecute the disgraced former chief executive of Anglo Irish Bank for 33 counts of fraud, forgery and other crimes if he is extradited from Boston to Dublin.
  • AP Exclusive: Clinton email server setup risked intrusions
    Associated Press | October 13, 2015 9:00 am
    The private email server running in Hillary Rodham Clinton's home basement when she was secretary of state was connected to the Internet in ways that made it more vulnerable to hackers while using software that could have been exploited, according to data and documents reviewed by The Associated Press.
  • Johnson & Johnson board approves $10 billion buyback plan
    Associated Press | October 13, 2015 8:04 am
    Johnson & Johnson said Tuesday that its board of directors approved a $10 billion stock buyback plan.
  • Alitalia confirms goal of profitability by 2017
    Associated Press | October 13, 2015 7:56 am
    Alitalia chairman Luca Montezemolo has confirmed the Italian flagship airline's goal to reach profitability by 2017, saying "we'll do it by tooth and nail, and with the desire to change."
  • Stocks lower ... Budweiser to buy Miller ... Big changes at Playboy magazine
    Associated Press | October 13, 2015 7:36 am
    U.S. stocks are edging lower on more evidence that growth in China is slowing. The S&P 500 index fell two points to 2,015 as of 10:17 a.m. Eastern time. The Dow lost 13 points to 17,116. The Nasdaq composite dropped four points to 4,834. Chinese trade data shows September imports plunged more than analysts had expected.
  • Germany's top-selling daily combats ad blockers
    Associated Press | October 13, 2015 6:52 am
    Germany's biggest-selling daily is giving online readers who use ad-blocking software a choice: turn it off, or you can't read any content unless you pay a subscription.
  • BP to reimburse Louisiana $58.2M for legal fees, other costs
    Associated Press | October 13, 2015 5:48 am
    Energy company BP will reimburse the Louisiana Attorney General's Office $58.2 million for its expenses, fees and litigation costs tied to the 2010 oil spill disaster in the Gulf of Mexico.
  • Italian region's vice president arrested in corruption probe
    Associated Press | October 13, 2015 4:08 am
    Police have arrested the vice president of the Lombardy region in a corruption probe involving public bids for school renovations and local health care sector contracts.
  • Stocks lower...Disappointing China trade...Awaiting corporate earnings
    Associated Press | October 13, 2015 3:37 am
    International stock markets were lower today as China's trade data showed a larger-than-expected slide in imports, deepening concerns about slowdown in the world's second-largest economy. Futures point to opening losses on Wall Street this morning. Benchmark U.S. crude oil barely edged up, remaining just above $47 per barrel. The dollar weakened against the yen and the euro.
  • UK consumer prices fall due to cheaper food, fuel
    Associated Press | October 13, 2015 2:48 am
    Britain's consumer prices fell 0.1 percent in the year through September due to a drop in the cost of motor fuel and a smaller than usual rise in clothing costs.
  • Qatar fund sells 10 percent stake in Hochtief for 540M euros
    Associated Press | October 13, 2015 2:44 am
    Qatar's sovereign wealth fund says it has sold off its roughly 10 percent stake in German construction firm Hochtief for about 540 million euros ($615 million).
  • Experts: Cash infusion helps NY transit but isn't cure-all
    Associated Press | October 12, 2015 7:08 pm
    A $29 billion infusion into the city's transportation network will go mostly to provide long-overdue repairs and upgrades, transit experts said, leaving the nation's largest city lagging behind modern systems around the world.