- Japan's core inflation rate edged lower in January as lower crude oil prices reduced energy costs, while weak retail sales and manufacturing underscored the fragility of its economic recovery.
Gas's Drop Drives U.S. Into Deflation Territory A measure of U.S. consumer prices fell in January from a year earlier, marking the first annual decline in more than five years and potentially complicating the calculus for when the Federal Reserve will lift interest rates.
Fed's Yellen Fends Off Charges of Partisan Tilt Federal Reserve Chairwoman Janet Yellen came under fire from Republican lawmakers who charged she had politicized the central bank, allegations she rejected in her most acrimonious congressional hearing in a year as Fed chief.
Durable-Goods Orders Rose in January Demand for big-ticket manufactured goods rebounded last month, suggesting the economic recovery remains on track while also hinting at sluggish business spending.
EU Urges French Budget Cuts European Union authorities said France must adopt significant additional budget-deficit cuts over the next three years to bring its government finances in line with EU rules.
Greece Wants Citizens to Pay Up The Greek government, scrambling to secure another tranche of funding, agreed to make tax collection a priority. But prodding its citizens to pay up has been one of the country’s most difficult challenges.
US Business News
Under Armour Foresees Electronic Clothing Athletic-gear maker Under Armour has been investing in fitness apps, while looking ahead to a time when clothes themselves become a means to track movement and biorhythms.
Movie-Ticket Sales Set for Banner Year Solid early returns for ‘American Sniper’ and ‘Fifty Shades of Grey’ and solid lineup of blockbusters like ‘Furious 7’ and a new ‘Star Wars’ have analysts predicting that 2015 will be a banner year for America’s cinemas.
Bombardier Completes First Flight of Key Jet Canadian jet maker Bombardier completed the first flight of a jet that it hopes will anchor its future as a commercial aircraft manufacturer and raised new cash to help carry out its programs.
Wages Rise at Restaurants as Labor Market Tightens Wage growth is breaking out in an unexpected corner of the U.S. economy: the nation’s restaurants and bars. Food-service employment has surged since the recession ended nearly six years ago, growing twice as fast as overall payrolls.
Airbus Boosts Output of Most Popular Plane Airbus is doubling down on its bet that lower oil prices and global economic uncertainties won’t dent demand for new jetliners, saying it is boosting the output of its most popular plane, the A320.
LetterOne, RWE to Close Dea Buy Monday Russian billionaire Mikhail Fridman’s investment fund is expected to close a $5.6 billion deal on Monday to acquire Dea, the oil and natural-gas arm of German utility RWE AG.
U.S. Presses China on Technology Rules U.S. officials and business groups are objecting to a draft Chinese antiterrorism law that they say will serve as a new way for Beijing to acquire proprietary information or nudge foreign technology companies out of the vast market.
Chinese Web Firms Delete Accounts Chinese Internet companies have deleted tens of thousands of user accounts as the country prepares to enforce new registration rules that will further cement government control over online discourse.
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