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U.S. Indexes Look Past Earnings to Economic Reports (Jul-15, 09:20 EDT )-- The latest data on manufacturing continued to show that the economy was slowing.
Apple To Address iPhone Troubles On Friday (Jul-15, 09:15 EDT )-- Apple Inc. said it will hold a press conference on Friday to discuss the latest iPhone model, which has been beset by complaints about its antenna. On Monday, Consumer Reports confirmed user reports that holding the iPhone 4 over a particular spot...
JPMorgan Chase Easily Exceeds Forecasts (Jul-15, 09:10 EDT )-- The first major bank to report results said on Thursday that net income in the second quarter rose about 76 percent.
Fund-Raisers Before House Vote on Financial Overhaul Examined (Jul-15, 08:28 EDT )-- An ethics investigation is focusing on fund-raisers last December just before the House adopted a regulatory bill.
Senators Likely To Pass Wall Street Bill (Jul-15, 08:21 EDT )-- The long-awaited bill to overhaul financial regulations is expected to clear a crucial test in Congress Thursday. Democrats are expected to get the 60 votes they need to advance the legislation. But after a year and half of negotiations, the Wall...
Glaxo To Take $2.4 Billion Charge To Cover Avandia Cases, Other Legal Woes (Jul-15, 08:20 EDT )-- Drugmaker GlaxoSmithKline will take a big profit hit to pay for legal costs, but the amount isn't as high as some analysts expected.
The Future of Finance: International Edition (Jul-15, 08:15 EDT )-- A new international treaty organization is needed to address financial regulation globally, an economist writes.
India Adopts a New Symbol for Its Currency (Jul-15, 08:12 EDT )-- The Indian rupee joined the dollar, the pound, the euro and the yen on Thursday when it got its very own symbol.
Massey Mine Workers Disabled Safety Monitor (Jul-15, 08:00 EDT )-- Two months before the explosion in April killed 29 mine workers, three witnesses say an electrician was ordered to disable a methane detector, an NPR News investigation finds. Working without an operational methane monitor is dangerous and potentially...
U.S. Producer Prices Decline for a 3rd Month (Jul-15, 07:59 EDT )-- The declines in food and energy costs in June eased concerns about inflation.
Inside JPMorgan's Huge Profits: Better Borrowers (Jul-15, 07:50 EDT )-- JPMorgan Chase made $4.8 billion in profits in the second quarter of this year. A big chunk of that came from an accounting move.
Big Drops In New Jobless Claims, Factory Output (Jul-15, 07:39 EDT )-- New applications for unemployment benefits fell sharply last week to the lowest level since August 2008. Wholesale prices fell for a third consecutive month in June amid the biggest plunge in food costs in eight years. And industrial production edged...
Carlyle to Buy Vitamin Maker NBTY (Jul-15, 07:29 EDT )-- The Carlyle Group agreed on Thursday to buy NBTY, a maker of vitamins and nutritional supplements, for $3.8 billion in cash, in one of the largest leveraged buyouts of the year.
Glaxo Plans $2.36 Billion Charge for Legal Issues (Jul-15, 07:00 EDT )-- The charge includes the costs of settling court cases over the antidepressant Paxil and diabetes drug Avandia.
Profits Soar For JPMorgan Chase & Co. (Jul-15, 06:56 EDT )-- JP Morgan Chase announced Thursday that its net income for the 2nd quarter jumped 77 percent to $4.8 billion. The company was one of the big winners to emerge from the financial crisis.
So How's Human Resources? (Jul-15, 06:00 EDT )-- When we started to get busy in March, the question of restoring the salaries in full came up. My reaction was fury.
China’s Efforts to Tame Growth Are Succeeding (Jul-15, 05:40 EDT )-- The blistering pace of growth slowed as the government moved to calm inflation and rein in the property market.
Lackluster Trading Debut for Agricultural Bank of China (Jul-15, 05:10 EDT )-- Shares in Agricultural Bank of China got off to a muted start in Shanghai Thursday after the bank raised $19.2 billion in one of the world’s biggest initial public offerings.
Panel: Diabetes Drug Needs More Warnings (Jul-15, 03:00 EDT )-- Advisers to the Food and Drug Administration voted Wednesday to keep the controversial diabetes drug Avandia on the market -- despite the evidence that it increases the risk of heart attack. They told the FDA that additional warnings were needed on the...
Data Show Driver Error In Toyota Acceleration Cases (Jul-15, 03:00 EDT )-- Toyota says it has found dozens of sudden acceleration cases that were caused when drivers mistakenly put their foot on the gas pedal, instead of the brakes. Toyota says the evidence lies in the cars' onboard data recorders.
Spain Is World's Leader In Solar Energy (Jul-15, 03:00 EDT )-- Spain is now the world's biggest generator of solar energy. That title was previously held by the U.S. Spain just opened a massive solar power station.
Should Anadarko Share In BP Clean Up Costs? (Jul-15, 03:00 EDT )-- When major oil companies drill deep-water wells, they usually take on partnerships with other companies to share a portion of the costs -- and the risks. But BP partner Anadarko Petroleum says it isn't responsible for helping BP clean up the Gulf oil...
BP Faces More Test Delays On Well Cap (Jul-15, 03:00 EDT )-- BP's attempt to shut down the spewing well in the Gulf of Mexico has been interrupted. The equipment on the sea floor sprung a leak, and BP is working on a repair. It's been 12 weeks since the Deepwater Horizon disaster when oil began leaking into the...
Yamaha Watches Motorcycle Sales Drop (Jul-15, 03:00 EDT )-- The world's second-largest motorcycle maker says sales in North America and Europe could plummet as much as 20 percent this year. Yamaha's profits are being hit by a stronger Japanese currency, and demand for motorcycles in developed countries is down....
Senate Democrats Opt for Scaled-Back Energy Bill (Jul-15, 00:33 EDT )-- A scaled-back bill would limit carbon pollution by power plants but not by other industries.
Spain's Boom To Bust Illustrates Euro Dilemma (Jul-14, 23:00 EDT )-- Spain, the erstwhile "Iberian Tiger" and once the biggest creator of jobs among Europe's 16-nation single currency zone, is now struggling with a 20 percent jobless rate. It's stymied by the lack of a manufacturing base, an inequitable labor market and...
Miami's Seaquarium: No Oil Yet, But Worries Aplenty (Jul-14, 23:00 EDT )-- The Gulf oil spill is hundreds of miles away, but South Florida's marine-park home for dancing dolphins and killer whales is preparing for the worst. The Seaquarium draws its water from Biscayne Bay, and operators are readying alternate sources and oil...
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