Business News

FCC Plans Internet Regulation Change

Posted: 04/23/2014 - The Federal Communications Commission is set to propose new open Internet rules that would allow content companies to pay for faster delivery over the so-called "last mile" connection to people's homes.

Safety Deadline To Soon For Rail Industry

Posted: 04/16/2014 - The freight railroad industry says only one-fifth of its track will be equipped with mandatory safety technology to prevent most collisions and derailments by the deadline set by Congress.

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Economic News

  • U.S. New-Home Sales Plunge
    Sales of newly built homes tumbled in March while prices surged, in the latest indication that the U.S. housing market is struggling to regain traction.
  • Euro-Zone Business Activity Accelerates
    Business activity in the euro zone accelerated at the start of the second quarter, but companies cut prices they charged customers, a sign that the European Central Bank's worries over low inflation are far from over.
  • Fed Looks Likely to Stick to Path
    Fed officials are on track to reduce their monthly bond buying to $45 billion at their policy meeting next week and stick with a communications approach that leaves investors with a little uncertainty about when it will start raising interest rates.
  • China Factory Activity Still Weak
    A still-weak but relatively stable outlook for factory activity in China could ease pressure on Beijing to step up targeted stimulus measures.
  • Russia Aims to Cut Imports Dependence
    Russia won't change its economic growth strategy because of Western sanctions but will try to lower its dependence on imports, Prime Minister Dmitry Medvedev said Tuesday.
  • U.S. Gas Price Rises---Along With Exports
    Drivers in the U.S. are facing rising gasoline prices ahead of summer-vacation season, just as refiners here are shipping more gas to other countries.
  • U.S. Existing-Home Sales Slip
    Sales of previously owned homes fell slightly in March, a sign the shaky U.S. housing market has continued to struggle into the spring but may be stabilizing.
  • Plans That Forgive Student Debt Skyrocket, Raising Fears Over Costs
    Government officials are trying to rein in increasingly popular federal programs that forgive some student debt, amid rising concerns over the plans' costs and the possibility they could encourage colleges to push tuition even higher.
  • Sluggish Recovery Proves Resilient
    The Outlook: The recovery from the U.S. recession has been nasty, brutish and long. It also is shaping up as one of the most enduring.
  • Russia Could See Second-Quarter Recession
    Russia's economy may slide into recession in the second quarter of this year but the finance ministry isn't planning to increase budget spending, said the head of the finance ministry's long-term planning department.

US Business News

  • Apple Boosts Buyback, Splits Stock To Reward Investors
    Apple, in a nod to restive shareholders, added $30 billion to its stock-buyback plan, raised its dividend about 8% and declared a 7-for-1 stock split, as it reported strong iPhone sales that defied expectations of a slowdown.
  • FCC Rules Would Allow Preferred Web Traffic
    Regulators are proposing new rules on Internet traffic that would allow broadband providers to charge companies a premium for access to their fastest lanes.
  • Facebook Results Surge on Ad Revenue
    The social network displayed new evidence of its advertising momentum, posting a big increase in first-quarter earnings that will give the company more resources to challenge bigger players in the technology industry.
  • Rail Logjam Strands Cars at Factory
    New cars and trucks are stacked up at U.S. factories as auto makers and railroads struggle to overcome delays brought on by winter weather and the rise of production outside the U.S. Midwest.
  • Publicis Expresses Confidence on U.K. Tax Status
    France's Publicis Groupe tried to reassure investors about the fate of its $35 billion merger with Omnicom, saying it was confident the proposed new company would get necessary approval to have its fiscal residence in the U.K.
  • Vermont to Enact GMO Food-Labeling Law
    VThe movement against genetically modified crops scored a signal victory Wednesday, as the Vermont legislature passed a bill that would make it the first state to require food makers to label products made with the technology.
  • Two Small Firms Adapt to ACA
    Small businesses are finding both benefits and costs as they attempt to navigate the Affordable Care Act.
  • Two More Hospitals Halt Hysterectomy Procedure
    Cleveland Clinic and University of Pennsylvania Health System halt the use of morcellators in hysterectomies following the FDA's warning that the surgical device can spread cancer.
  • Chobani Reaches TPG Investment Deal
    Greek yogurt maker will receive a $750 million investment from private-equity firm TPG, as the company prepares for an IPO and expands into cooking ingredients and desserts.
  • Fandango Evolves, Buys Movieclips
    Fandango plans to announce the acquisition of Movieclips, a Zefr Inc.-owned outfit that produces movie-related video programming and stores movie trailers and indexed movie clips.
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