Stories about Business

Oct 06 2016

Samsung Electronics to make Qualcomm Snapdragon 830 chips: Electronic Times

It said Samsung, the world's largest manufacturer of smartphones and televisions, is undervalued by as 70% because of the company's "unnecessarily complex" structure, "bo...

Oct 05 2016

Facebook reveals Marketplace, its Craigslist-style buying and selling feature

Mary Ku, Facebook's director of product management, says: "More than 450 million people visit buy and sell groups each month - from families in a local neighborhood t...

Oct 04 2016

Dow jumps as investors shake off Deutsche Bank worries

It comes over worries about the lender's viability after USA authorities slapped it with a US$14-billion (16.2-billion-euros) penalty over its sale of mortgage-backed sec...

Oct 03 2016

OPEC agrees to cut crude oil production

Cairo - Russia announced on Thursday that it is aiming to keep its oil production at near-record levels despite a decision agreed by OPEC to modestly curb global oil ou...

Oct 02 2016

Investigators want to question engineer in Hoboken crash

It reportedly jumped the tracks, injuring over 100 people and killing one: Lawyer Fabiola Bittar de Kroon lost her life when she was hit by debris. "Commuters need to fee...

Oct 01 2016

Nissan seeks Brexit compensation deal as condition for investment

Ghosn's comments came only two days after Executive Director at Jaguar Land Rover Hanno Kirner said that post-Brexit trade barriers imposed on the British vehicle industr...

Oct 01 2016

How the Dow Jones industrial average fared on Thursday

U.S. stocks rose on Friday, the last day of the third quarter, helped by gains in financials and technology stocks. US stocks are wavering between small gains and losse...

Oct 01 2016

Jets' Eric Decker out with partially torn rotator cuff

Head coach Todd Bowles did say that they don't yet know if he'll need surgery and he's considered week-to-week. He played four snaps in Week 1 against the Bengals, si...

Sep 30 2016

Fiat Chrysler, Unifor begin negotiations on new contract

However, good news came when GM and Unifor announced that an agreement had been reached which would keep the plants open, including bringing in new models, promoting temp...

Sep 29 2016

Iran dims hopes for deal on output freeze this week

Brent North Sea crude for November shed 93 cents to $46.42 a barrel compared with Monday's close. Its members are also meeting non-OPEC producers such as Russian Federati...

Sep 26 2016

Twitter surges after report that it may be on the block

Twitter shares soared over 18% on reports that tech giants including Google are circling the social media site. It named Salesforce .com. and Google as possible buy...

Sep 26 2016

Tropical Storm Julia keeping strength off coast of Carolinas

By next week the environment will be more favorable for strengthening and it could become a hurricane if it survives until then. A lot to talk about... This track and str...

Sep 26 2016

Company aims to restart gasoline pipeline Wednesday evening

This leak is the largest Colonial has had in the last 10 years. Company officials say in a statement that the pipeline reopened Wednesday evening. "[The] restart of t...

Sep 26 2016

US Fed keeps rates unchanged, setting stage for rate hike by year-end

The action leaves the target range for the closely-watched Federal Funds Rate at 0.25% to 0.5%. Few expect the Fed to raise rates at its next meeting in November partly b...

Sep 25 2016

New Smithsonian museum chronicling black history opens

Before formally opening the museum, Obama will ring the Freedom Bell, acquired in 1886 by the historic First Baptist Church in Williamsburg, Virginia, believed to be amon...

Sep 25 2016

Municipal-bond week in review: Yields dip after Fed meeting

He said that leaving rates low might lead to a significant overshoot of the full employment level that could shorten, rather than lengthen, the duration of this recovery....

Sep 24 2016

BC numbers show drops in foreign property buyers since targeted tax

But the numbers also reveal the stampede slowed to a mule's pace after the deadline. They note that $850 million worth of deals involving foreign nationals in the pro...

Sep 24 2016

Report of Active Shooter Near Mall in Burlington, Washington

Sgt. Francis said police began receiving calls of an active shooter before 7 p.m. Authorities are searching for a Hispanic male wearing gray who was last seen walking t...

Sep 23 2016

Airbus says US grants license for planes in Iran deal

However, he also said Iran would cut the number of Airbus planes it would buy to 112, state TV reported. The Airbus deal was initially valued at US$25 billion (22.4...

Sep 23 2016

US claims win in dispute with EU over aerospace subsidies

The WTO hadn't previously passed judgment on A350 support because the program in its current form was launched only after the USA initially raised its subsidy concerns wi...