Business RSS

-A A +A
Subscribe to Business RSS feed Business RSS
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Updated: 47 min 8 sec ago

Family Dollar misses Street 1Q forecasts - Yahoo!7 News

Thu, 01/08/2015 - 7:19am

Family Dollar misses Street 1Q forecasts
Yahoo!7 News
CHARLOTTE, N.C. (AP) _ Family Dollar Stores Inc. (FDO) on Thursday reported fiscal first-quarter earnings fell by 47 percent to $41.4 million. The Charlotte, North Carolina-based company said it had profit of 36 cents per share. Earnings, adjusted for costs ...

and more »

Fed pressed ahead with plan to raise rates as it debated guidance - Reuters

Wed, 01/07/2015 - 2:16pm

Reuters

Fed pressed ahead with plan to raise rates as it debated guidance
Reuters
WASHINGTON (Reuters) - The U.S. Federal Reserve pressed ahead at its last policy-setting meeting with plans to begin raising interest rates later this year despite an apparently vigorous debate over how to communicate its intentions. According to minutes of ...
Fed Officials Saw Rate Rise Unlikely Before April, Minutes ShowBusinessweek
Fed hike could come with low inflation: MinutesCNBC
Fed officials sparred over interest rate guidanceUSA TODAY
MarketWatch -Wall Street Journal -Financial Times
all 52 news articles »

Obama to reduce FHA mortgage premium rate to spur buying - Washington Post

Wed, 01/07/2015 - 2:10pm

azcentral.com

Obama to reduce FHA mortgage premium rate to spur buying
Washington Post
WASHINGTON — First-time homebuyers whose home loans are guaranteed by the Federal Housing Administration would benefit from an Obama administration move to lower mortgage insurance premiums. Under the plan, the housing administration will ...
PulteGroup (PHM) Stock Rises Today on Report President Obama Will ...TheStreet.com
Obama to lower mortgage insurance for many homebuyersazcentral.com
Obama Expected to Announce Half-Point Cut to FHA Annual PremiumNational Mortgage News
MPA News -INFORUM
all 30 news articles »

UPDATE 2-Wet Seal lays off 3700 as it closes 338 stores - Reuters

Wed, 01/07/2015 - 2:00pm

Wall Street Journal

UPDATE 2-Wet Seal lays off 3700 as it closes 338 stores
Reuters
... * Wet Seal had 7,413 full- and part-time employees a year ago Shares more than double to 13 cents (Adds details on Deb Shops, updates shares). Jan 7 (Reuters) - Struggling apparel retailer Wet Seal Inc said on Wednesday it laid off about 3,700 full- and ...
Wet Seal to Employees: Surprise—You're Out of a JobBusinessweek
Wet Seal to close 338 storesCNNMoney
Wet Seal to wring out two thirds of its stores, 3700 employeesUSA TODAY
CBS Local -NOLA.com
all 182 news articles »

FAA to Require Airlines Use Data to Prevent Accidents - ABC News

Wed, 01/07/2015 - 1:39pm

CTV News

FAA to Require Airlines Use Data to Prevent Accidents
ABC News
New federal rules announced Wednesday will require airlines to collect and analyze safety data in an effort to spot troubling trends and help prevent accidents. The Federal Aviation Administration said the causes of 123 accidents between 2001 and 2010 ...
Airline Safety Boost Required in Rule Born From Colgan CrashBloomberg
FAA: Airlines should scrutinize data to prevent accidentsUSA TODAY
FAA Sets Standards for Safety-Data Analysis by CarriersWall Street Journal
Reuters
all 55 news articles »

BlackBerry making its case for Internet of Things - CNET

Wed, 01/07/2015 - 1:37pm

CNET

BlackBerry making its case for Internet of Things
CNET
The company touts its secure platform as the optimal way to manage the growing web of connected devices. by Roger Cheng · @RogerWCheng; January 7, 2015 9:41 AM PST. comments. 0. facebook. twitter. linkedin. googleplus. more. more +. email. tumblr.
BlackBerry Wants to Help Cure CancerPC Magazine
BlackBerry aims for relevancy with new IoT platformFierceCIO
BlackBerry unveils Internet of Things platform at CESCBC.ca
CTV News -MarketWatch
all 22 news articles »Google News

Oil Magnate's Wife Rejects $975-Million Divorce Check - TIME

Wed, 01/07/2015 - 1:36pm

TIME

Oil Magnate's Wife Rejects $975-Million Divorce Check
TIME
Key Speakers At The Bloomberg Year Ahead 2015 Conference Harold Hamm, chairman CEO and founder of Continental Resources Inc., speaks during a panel discussion at the Bloomberg Year Ahead: 2015 conference in Washington, D.C. on Nov.
Angry divorcée refuses $974M check from billionaire oil tycoonFox News
Ex-Wife Rejects $975M Personal Check From Billionaire Oilman Harold HammABC News
Tycoon's ex rejects $975M divorce checkKSL.com
Western Journalism -IJ Review -Fox 28
all 136 news articles »

J.C.Penney Proves Skeptics Wrong With A Holiday Sales Surprise - Forbes

Wed, 01/07/2015 - 1:24pm

Business Insider

J.C.Penney Proves Skeptics Wrong With A Holiday Sales Surprise
Forbes
The estimates for J.C.Penney's 2014 holiday period ranged from a low of a 5% drop in sales to up less than 1%. But the guessing is over: The skeptics were wrong! Surprisingly, J.C.Penney reported a sales increase of 3.7% for the nine-week ...
J.C. Penney's Holiday Sales Increase Due to Improved EnvironmentTheStreet.com
JC Penney jumps on holiday sales boostFinancial Times
J C Penney Company Shares Up 20.4% After Analyst Upgrade (JCP)sleekmoney
MyrtleBeachOnline.com -MarketWatch -The Augusta Chronicle
all 128 news articles »

Deflation fears may be overblown - CNBC

Wed, 01/07/2015 - 1:14pm

CNBC

Deflation fears may be overblown
CNBC
It's official: Inflation in Europe has shifted into reverse. But growing worries about a prolonged, painful bout of deflation may be premature. The European statistics office confirmed Wednesday that prices in the 18 countries using the euro were 0.2 percent ...
Destined For Failure? The Role Of Institutional Factors In The European Debt ...Seeking Alpha
Euro Falls as Consumer Prices Drop Most Since 2009; Dollar GainsBusinessweek
FOREX-Euro at nine-year low; euro zone inflation turns negativeReuters
Reuters UK -euronews -TODAYonline
all 854 news articles »

ADP: US firms boosted hiring to 241K jobs in December (+video) - Christian Science Monitor

Wed, 01/07/2015 - 12:08pm

Christian Science Monitor

ADP: US firms boosted hiring to 241K jobs in December (+video)
Christian Science Monitor
ADP says that US companies ramped up hiring in December, adding 241,000 jobs – up from 227,000 in November. The ADP report suggests Friday's government report on December job gains will also be healthy.
ADP: Job creation surges in DecemberConsumerAffairs
Survey: US businesses stepped up hiring last month in sign of confidence in ...Chicago Tribune
ADP: Businesses added 241000 jobs in DecemberUSA TODAY
Investor's Business Daily -Accounting Today -Nasdaq
all 151 news articles »

Apartment glut may tame rising rents - MarketWatch

Wed, 01/07/2015 - 9:13am

MarketWatch

Apartment glut may tame rising rents
MarketWatch
WASHINGTON (MarketWatch) — Home builders and investors have poured money into so many new rental units that tenants may see rent growth slow in the near future, one economist said. While there will likely be “robust demand” in 2015 from renters ...
Apartment Fundamentals Still StrongMulti-Housing News
US retail mall vacancies rise in fourth quarter: ReisReuters

all 59 news articles »

Good times are over: Prices for many assets will fall this year, says Bill Gross - Economic Times

Tue, 01/06/2015 - 4:33pm

USA TODAY

Good times are over: Prices for many assets will fall this year, says Bill Gross
Economic Times
By Mary Childs New York: Bill Gross, the former manager of the world's largest bond fund, said prices for many assets will fall this year as recordlow interest rates fail to restore sufficient economic growth. With global expansion still sputtering after years of ...
Bill Gross's outlook for 2015: 'The good times are over'The Globe and Mail
Bill Gross just called an end to the bull market, againMarketWatch
The Bill Gross Outlook on 201524/7 Wall St.
Kansas City Star
all 88 news articles »

US Steel Lays Off 756 Blaming Low Oil Prices - Wall Street Journal

Tue, 01/06/2015 - 4:30pm

Wall Street Journal

US Steel Lays Off 756 Blaming Low Oil Prices
Wall Street Journal
Workers for U.S. Steel in Lorain, Ohio, say they will find out who is being laid off at a meeting Wednesday. Associated Press. By. John W. Miller. John W. Miller. The Wall Street Journal. CANCEL. BiographyJohn W. Miller · John.Miller@wsj.com · @wsjmiller ...
Non-oil companies hurt by cheap crudeUSA TODAY
US Steel idles tubular steel plant, lays off 750 employeesHeraldNet
US Steel Lays Off 614 Workers, Blames Collapse In Oil PricesValueWalk
Investor's Business Daily -Longview News-Journal -Crain's Cleveland Business
all 47 news articles »

Bill Gates drinks glass of water made from feces (VIDEO) - New York Daily News

Tue, 01/06/2015 - 4:09pm

New York Daily News

Bill Gates drinks glass of water made from feces (VIDEO)
New York Daily News
Bill Gates has a passion for poop. That's what the Microsoft cofounder revealed Monday in a video excreting his excitement for a new machine that converts human feces into drinkable water. The billionaire philanthropist describes his November visit to the ...
Watch Bill Gates Drink Water That Was Human Waste 5 Minutes EarlierDesign & Trend
WATCH: This machine turns human waste into waterPBS NewsHour
Watch Bill Gates Drink Water That Had Been Poop Just Moments BeforeTIME
Tech Times -Huffington Post -Business Insider
all 21 news articles »Google News

Obama Picks Former Bank of Hawaii CEO Landon to Be Fed Governor - Businessweek

Tue, 01/06/2015 - 4:08pm

Pacific Business News (Honolulu)

Obama Picks Former Bank of Hawaii CEO Landon to Be Fed Governor
Businessweek
President Barack Obama plans to nominate Allan Landon, the former chief executive officer of Bank of Hawaii Corp. (BOH:US), to be a Federal Reserve Board governor. Landon was chairman and CEO of Bank of Hawaii from 2004 to 2010, and was president, ...
Obama to nominate former Bank of Hawaii CEO to Federal Reserve BoardLos Angeles Times
Allan Landon, Community Banker, Said to Be Choice for Federal ReserveNew York Times
Barack Obama nominates former community banker to Fed boardFinancial Times
Chron.com -Salt Lake Tribune
all 40 news articles »

Oil down almost 10 pct in two days as hunt for bottom continues - Reuters India

Tue, 01/06/2015 - 3:54pm

Reuters India

Oil down almost 10 pct in two days as hunt for bottom continues
Reuters India
NEW YORK (Reuters) - Global oil markets slumped for a fourth straight session on Tuesday, as mounting worries about a supply glut pressured crude prices, which are down almost 10 percent this week to hit their lowest since spring 2009. Traders said the ...
Latest Republican tweak of Obamacare draws fire on both sidesBangor Daily News
Opening Republican salvo on Obamacare draws fire on both sidesReuters UK
US House re-elects Republican John Boehner as speakerReuters Africa
Reuters -Jerusalem Post
all 36 news articles »

Michael Kors' shares drop on lower rating amid ramped up discounting - Fox Business

Tue, 01/06/2015 - 3:45pm

The Business of Fashion

Michael Kors' shares drop on lower rating amid ramped up discounting
Fox Business
NEW YORK – Michael Kors' shares slumped Tuesday after a key analyst at Credit Suisse Group reduced its rating amid concerns about stepped up discounting this holiday season for its handbags. Credit Suisse analyst Christian Buss cut his rating to ...
Michael Kors Holdings Sets New 52-Week Low at $65.86 (KORS)sleekmoney
Kate Spade, Michael Kors Crumble as Discount Concerns SpreadBarron's (blog)
Michael Kors Holdings Ltd (NYSE:KORS) gets downgraded to Neutral by Credit ...Markets Wired
Financial Times -24/7 Wall St. -Motley Fool
all 35 news articles »

Manhattan Real-Estate Prices Are at Record Highs — and They're Only Going Up - New York Magazine

Tue, 01/06/2015 - 1:01pm

New York Magazine

Manhattan Real-Estate Prices Are at Record Highs — and They're Only Going Up
New York Magazine
Anyone who braved the waters of Manhattan real estate last year knows it got mad real out there. Brokerage firms released fourth quarter market reports today and the numbers don't lie: The median price per square foot for Manhattan properties is now $1459, ...
Manhattan real estate prices kept climbing in 2014New York Daily News

all 19 news articles »

Boeing Delivers Record Number of Jets in 2014 - Wall Street Journal

Tue, 01/06/2015 - 1:00pm

Wall Street Journal

Boeing Delivers Record Number of Jets in 2014
Wall Street Journal
Boeing says it delivered a record 723 commercial jetliners in 2014, surpassing the 648 jets delivered in 2013. Agence France-Presse/Getty Images. By. Doug Cameron. Doug Cameron. The Wall Street Journal. CANCEL. BiographyDoug Cameron · Doug.
Boeing Beats 787 Goal as Jetliner Deliveries Reach RecordBloomberg
Boeing delivered record 723 commercial jets in 2014Seeking Alpha
Boeing books record aircraft orders in 2014Economic Times
Investor's Business Daily -Reuters -Aviation International News
all 42 news articles »

Holidays deliver for Postal Service, but losses mount - USA TODAY

Tue, 01/06/2015 - 12:54pm

Michigan Radio

Holidays deliver for Postal Service, but losses mount
USA TODAY
WASHINGTON -- The U.S. Postal Service saw its best financial quarter in seven years after an 18% surge over last year in holiday package delivery, but the Postal Service continues to operate at a loss, Postmaster General Patrick Donahoe said Tuesday at ...
Outgoing US postal chief hails grocery delivery, seeks innovationReuters
Postal Service Posts Double Digit Increase Over The HolidaysCBS Local
Do workers want 'flexibility'? Depends on how you define it.Washington Post
Multichannel Merchant -The Hill -Washington Business Journal
all 52 news articles »

Pages