Business News

Applications for US Jobless Aid Rise

10 mins ago - More Americans applied for unemployment benefits last week, but applications remain at historically near low levels in a positive sign for the U.S. economy amid a broader global slowdown.

Tesla to Reveal Lower Cost Model

Posted: 3:05 AM - Tesla Motors says it will reveal its lower-cost Model 3 electric car in March and will start taking orders then.

Pastor Has Passion For Pulpit & Kitchen

Posted: 09/01/2015 - Pastor Mitch Moore is readying a booth at the rib cookoff and preparing to open a restaurant just a door down from his church. Both require the help of his flock and an anonymous fan of his food.
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Sands China Recruits Dershowitz for Lawsuit Appeal

Posted: 09/01/2015 - Lawyers for Sands China Ltd. are relying on well-known attorney Alan Dershowitz in arguing for the dismissal of a wrongful termination lawsuit being pursued against the company.

McDonald's to Launch All-Day Breakfast in October

McDonald's
Posted: 09/01/2015 - If you're one of those people who hates missing the end of breakfast hours at McDonald's, hang on just a little longer: the chain says its breakfast menu will be available all day starting Oct. 6.

Push Underway To Stop Hidden Aviation Fees

Updated: 09/02/2015 - A federal panel says airlines should clearly disclose the cost of change and cancellation fees, as well as the size of the plane's seats, before a passenger buys a ticket.

Google Unveiling New Logo

Updated: 09/02/2015 - Google is refining its famous logo as it prepares to become a part of a new holding company called Alphabet.

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US Business News

  • Inside Uber's Fight With Its Chinese Nemesis
    China’s multibillion-dollar ride-hailing market has erupted into a brawl between Uber and Beijing startup Didi Kuaidi. The two companies are fighting to raise funds for expansion while they compete to woo drivers to their private-car-hailing services and navigate China’s tough regulatory environment.
  • Union Floats Health-Care Co-op for U.S. Car Makers
    The United Auto Workers union is pitching Detroit auto makers on a proposed health-care purchasing cooperative as a way to lower employee costs and potentially raise funds to finance worker salary increases.
  • Syngenta Moves to Calm Disappointed Shareholders
    Syngenta moved to appease shareholders angered by its rejection of a takeover from Monsanto, saying it will divest its global vegetables seeds business and return more than $2 billion to shareholders.
  • Apple's Latest Challenge: Topping Its Own Success
    Apple’s iPhone 6 and iPhone 6 Plus reignited sales growth for the smartphone. But analysts predict muted growth for its latest models due out next week.
  • Novartis to Begin Selling Copy of Amgen's Neupogen in U.S.
    Novartis said it will begin selling the first biosimilar drug in the U.S. after an appeals court denied Amgen’s request to block the Swiss drug maker’s sale of its copycat version of blockbuster remedy Neupogen.
  • ECB Leaves Interest Rates Unchanged
    The ECB left its interest rates unchanged at record lows as a sluggish eurozone economy and persistently weak inflation have raised hopes that it will eventually beef up its stimulus programs.
  • U.S. Trade Gap Narrows in July
    The U.S. trade gap narrowed in July as demand grew overseas for American-made autos and industrial supplies.
  • IMF Says China Slowdown, Other Risks Threaten Global Outlook
    China’s slowdown and a host of other downside risks threaten to push the global economy into much deeper trouble without concerted action by the world’s largest economies, the International Monetary Fund warned.
  • For Russia, Oil Collapse Has Soviet Echoes
    For most countries, the economic slowdown in China and the accompanying slump in commodity prices represent something between nuisance and pothole. For Russia, they are a catastrophe, writes Greg Ip.
  • Vivendi Chairman Ousts Longtime Chief of Canal Plus
    French billionaire and Vivendi Chairman Vincent Bolloré has ousted the longtime chief of Canal Plus, further tightening his grip over the Vivendi-owned pay-TV group amid falling subscriber numbers.
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