Business News

J&J to Spend $200M on Ebola Program

Posted: 4:57 AM - Johnson & Johnson will start safety testing in early January on a vaccine combination that could protect people from a strain of the deadly Ebola virus.

Businesses Fear Margin Tax

Posted: 10/21/2014 - Ahead of the election, businesses are warning about the dangers of Question 3.
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Michigan Governor Aims To Alienate Tesla

Updated: 10/21/2014 - Gov. Rick Snyder has signed into law tighter restrictions to prohibit electric car maker Tesla Motors from selling vehicles in Michigan.

What You Need to Know About Apple Pay

Posted: 10/21/2014 - If you have an iPhone 6 or 6+, shopping just got a lot easier. Starting Monday, you can start using Apple Pay at more than 220,000 stores nationwide.
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California Lottery Sales Top $5B for First Time

Posted: 10/19/2014 - California Lottery officials say they have had a winning year with annual ticket sales surpassing $5 billion for the first time in the state lottery's 30-year history.

More Business News

Economic News

  • Global Growth Woes Threaten to Beset U.S. Economy
    Another bout of weakening global growth is buffeting a U.S. economy that has faced five years of uneven growth, raising a crucial question: Can the U.S. pull the rest of the world through a slow patch or will sluggish global growth hobble the recovery?
  • U.S. Consumer Prices Up 0.1% in September
    Consumer prices rose slightly in September, the latest sign of modest U.S. inflation pressures amid concerns of a global slowdown.
  • China's Slowdown Raises Pressure on Beijing
    Analysis: China’s economic slowdown is widely expected to continue into next year, increasing pressure on Beijing to take more powerful measures to spur growth.
  • China Growth Slowest in Five Years
    China’s economy grew at its slowest pace for five years in the third quarter, suggesting the government’s targeted easing measures to boost economic growth haven’t yielded expected results.
  • New York Fed Faulted in 'London Whale' Case
    The Federal Reserve Bank of New York failed to examine J.P. Morgan’s investment unit ahead of the bank’s 2012 “London Whale” trading debacle, according to a new report.
  • U.S. to Go Easier on Mortgage Rules
    A push to tighten mortgage-lending standards in the wake of the housing bust has given way to making credit more accessible as Washington frets about the strength of the housing recovery.
  • U.S. Existing-Home Sales Hit Highest Level of Year
    U.S. home sales reached the highest level of the year in September, a sign of slowly building momentum in a housing market whose recovery has come in fits and starts over the past year.
  • France Pressures Berlin for Stimulus Plan
    French ministers urged Germany to put in place a three-year, €50 billion stimulus program, deepening the confrontation over economic policy between Paris and Berlin.

US Business News

  • The Race Is On To Find Organic Pesticides
    Seed and pesticide makers like BASF, DuPont, Bayer and Monsanto are investing heavily to develop products incorporating organisms like bacteria and tiny fungi, which executives say can help plants avert pests.
  • Bosses Seek 'Critical Thinking,' but What Is That?
    Critical thinking is a critical skill for young workers these days, but what bosses mean by that and how to measure it is less clear.
  • Will Cheap Gas Hurt Ford Truck?
    The about 14% decline in U.S. fuel prices in the last four months is raising an unexpected hurdle for Ford’s lighter-weight F-150 pickup truck designed for an era of expensive gasoline.
  • Total Names Patrick Pouyanné CEO
    Total named refining and chemicals head Patrick Pouyanné as its new chief executive, after the death of Christophe de Margerie in a Moscow plane crash.
  • Boeing Posts Strong Results
    Boeing said its earnings increased, buoyed by continued strong demand for the aerospace giant’s jetliners. Results easily outpaced market estimates, and the company again raised its earnings guidance for the year.
  • Companies Try to Escape Health Law's Penalties
    With the health law’s insurance mandate for employers set to kick in next year, companies are trying to avoid the law’s penalties while holding down costs, using strategies like enrolling employees in Medicaid.
  • U.S. Expands Takata Air Bag Action
    U.S. safety regulators expanded a call for car owners to “act immediately” on vehicles equipped with defective Takata Corp. air bags to include 7.8 million U.S. vehicles—the second revision of the tally in as many days.
  • McDonald's Struggles to Regain Its Cool in China
    From a food-safety scandal to increased competition in the fast-food industry, McDonald’s is struggling to revive its fortunes in China.
  • Johnson & Johnson to Begin Testing Ebola Vaccine in January
    Johnson & Johnson said it would begin testing an Ebola-virus vaccine in humans in January and could have 250,000 doses available in May.
  • Business-Friendly Bureaucrat Helped Build Tax Haven
    Marius Kohl spent years engineering Luxembourg’s most valuable export: tax relief, which is now under pressure from the European Union.
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