Business News

Japan Stocks Roar 5 Percent, Yen Falls On Stimulus

Posted: 10/30/2014 - Japan's Nikkei 225 stock average surged 5 percent and the yen slid against the dollar after the Bank of Japan unexpectedly announced new stimulus to boost a flagging economic recovery.

More Business News

Economic News

  • U.S. Extends Solid Growth, Sidestepping Global Tumult
    The U.S. economy expanded at a healthy 3.5% annual pace during the third quarter, a sign of sustained growth fueled by government spending and a narrower trade deficit despite mounting concerns about the health of overseas economies.
  • Fed Closes Chapter on Easy Money
    The Federal Reserve said it would end its long-running bond-purchase program, concluding a historic experiment that stirred disagreement among policy makers, economists and investors about its impact.
  • Jobless Claims Remain at Historically Low Levels
    The number of new claims for jobless benefits rose last week but remained at historically low levels, supporting other signals of an improving labor market.
  • Economy Stokes Anger at Governors
    Despite rising consumer confidence, Republican and Democratic governors are struggling in Florida, Colorado, Michigan and Connecticut.
  • Sanctions Are Seen Hurting Moscow
    The European Union estimates its sanctions on Russia will only have a modest impact on the bloc’s economy this year and next but will slice 1.1 percentage points off Russia’s growth rate next year.

US Business News

  • Apple CEO Cook Is 'Proud to Be Gay'
    Apple’s Tim Cook said he is “proud to be gay,” a declaration that puts an openly gay man at the helm of the world’s most valuable company.
  • The New Science of Food Additives
    Americans’ growing appetite for food with bold and exotic tastes is bumping up against another trend—demand for more-natural food—complicating the industry’s R&D efforts and potentially raising costs.
  • Wal-Mart Weighs Matching Web Prices
    Wal-Mart is testing a program to match online prices from rivals like Amazon this holiday season, a move that could make the discounter more competitive but cut into profits.
  • Sony Posts Hefty Loss
    Sony reports a $1.2 billion loss for the quarter after writing down the book value of its struggling smartphone business.
  • Former Android Leader Leaving Google
    Andy Rubin, co-founder and former leader of Google Inc.’s Android mobile business and the current head of its nascent robotics effort, is leaving the Internet company, the company said Thursday.
  • Has Samsung Lost Its Grip to China?
    The sharp drop in Samsung’s mobile-phone business raises the question: Will Chinese companies soon rule the smartphone market?
  • HTC Sees Brighter Fourth-Quarter
    HTC Corp. on Friday predicted sales would at least stay flat in the fourth quarter after three years of decline.
  • WPP Sales Lifted by Media Buying
    WPP stuck to its full-year sales and profit margin goal even as the advertising giant warned that companies remain cautious with their advertising spending amid concerns over heightened geopolitical tensions.
  • AB InBev Hit by Russia, Ukraine
    Anheuser-Busch InBev reported that weakness in Russia and Ukraine weighed on sales volumes in the third quarter, even as cost cuts and strong sales elsewhere boosted profit.
  • Sanofi Fires CEO as Tensions Boil Over
    The French drug maker dismissed Christopher Viehbacher because of his uncommunicative management style, the chairman said.
KOLO-TV 4850 Ampere Drive Reno, NV 89502
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability
Gray Television, Inc.