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Chevron to Cut More Jobs as It Reports Wider-Than-Expected Loss - Wall Street Journal

Google Business News - Fri, 04/29/2016 - 11:29

Wall Street Journal

Chevron to Cut More Jobs as It Reports Wider-Than-Expected Loss
Wall Street Journal
Chevron Corp. on Friday said it would cut another 1,000 jobs as it reported a wider-than-expected loss as oil prices continued to languish during the first quarter. The newly announced layoffs, which will happen later this year, will bring Chevron's ...
Chevron Posts a Wider-Than-Expected Loss in the First QuarterBloomberg
UPDATE 1-Chevron adjusted profit misses expectationsReuters
Chevron (CVX) Reports Big Q1 Loss on Oil CollapseNasdaq
Business Wire (press release) -TheStreet.com -Motley Fool -CNBC
all 69 news articles »
Categories: News - Business News

Valeant Files Overdue Annual Report, Shakes Up Its Board - Wall Street Journal

Google Business News - Fri, 04/29/2016 - 11:02

Wall Street Journal

Valeant Files Overdue Annual Report, Shakes Up Its Board
Wall Street Journal
Valeant Pharmaceuticals International Inc. VRX -7.82 % filed its long-delayed annual report and further overhauled its board Friday, resolving the company's looming danger of debt default and positioning it to aim for a fresh start after months of ...
Valeant Pharmaceuticals Files Annual Report On Form 10-K For Year Ended December 31, 2015PR Newswire (press release)
A murky part of Valeant's business has suddenly caught everyone's attention — and the company can't be happy about itBusiness Insider
Valeant Revamps Board, Reveals Government InvestigationsTheStreet.com
Reuters -News & Observer -New York Times -Bloomberg
all 72 news articles »
Categories: News - Business News

US Consumer Sentiment Fell as Caution Continued - Wall Street Journal

Google Business News - Fri, 04/29/2016 - 08:19

Wall Street Journal

US Consumer Sentiment Fell as Caution Continued
Wall Street Journal
A closely watched gauge of U.S. consumer sentiment declined in April to its lowest level in seven months, the latest evidence of growing worry about the economy's momentum. The University of Michigan final consumer-sentiment index for April, released ...
The most under-appreciated fact of the election: Americans feel good about the economyWashington Post
US consumer sentiment slips in AprilU.S. News & World Report
April consumer confidence declines: Growing worries about future prospectsU of M News Service
CNBC -MarketWatch -24/7 Wall St. -Nasdaq
all 17 news articles »Google News
Categories: News - Business News

How Amazon convinced you to pay up for shopping - CBS News

Google Business News - Fri, 04/29/2016 - 05:59

CBS News

How Amazon convinced you to pay up for shopping
CBS News
NEW YORK -- Amazon (AMZN) is clearly entering its Prime. Meaning, of course, its $100 annual membership program, now a decade old, which has accomplished the remarkable feat of convincing millions of people to pay an annual fee for the privilege of, ...
Cloud Services Show Their Value in Earnings ReportsNew York Times
Amazon Q1'16 Earnings Conference Call: Full TranscriptBenzinga
Amazon set become S&P 500's 7th biggestUSA TODAY
Computerworld -MarketWatch -TheStreet.com -GeekWire
all 214 news articles »
Categories: News - Business News

Bank of England likely to keep rates unchanged until early 2017: Reuters poll - Reuters

Google Business News - Fri, 04/29/2016 - 05:49

Reuters

Bank of England likely to keep rates unchanged until early 2017: Reuters poll
Reuters
LONDON Britain's key interest rate is likely to stay at a record low of 0.5 percent until at least January as the Bank of England waits for growth and inflation to pick up, a Reuters poll forecast on Friday. Britons vote in a referendum on June 23 to ...
Bank of Russia Signals Rate Cuts Ahead If Inflation Risks AbateBloomberg
Bank of Russia Holds Interest Rates UnchangedWall Street Journal
More bear than bull: Russian central bank remains cautiousCNBC
UPI.com -CountingPips (blog) -EconoTimes -RTT News
all 22 news articles »
Categories: News - Business News

Vijay Mallya: From India's 'king of good times' to a 'fugitive from justice' - Mashable

Google Business News - Fri, 04/29/2016 - 04:53

Mashable

Vijay Mallya: From India's 'king of good times' to a 'fugitive from justice'
Mashable
Indian businessman Vijay Mallya, chairman of the United Breweries Group, examines whisky made by the Scottish company Whyte and Mackay in 2007. He acquired the Scottish whiskey maker in 2007, but sold it off in 2013. Image: CARL DE ...
India's debt problem is much bigger than beer baron Vijay MallyaCNNMoney
'I am in forced exile,' says Vijay MallyaCNBC
Banks have lost it: Sending Mallya to jail will make them double-losersFirstpost
Quartz -IndiaPost.com -Assam Tribune -New York Times
all 169 news articles »
Categories: News - Business News

Eni Loses Nearly $900 Million in First Quarter Amid Oil Price Rout - Wall Street Journal

Google Business News - Fri, 04/29/2016 - 04:44

Wall Street Journal

Eni Loses Nearly $900 Million in First Quarter Amid Oil Price Rout
Wall Street Journal
MILAN—Oil giant Eni SpA Friday reported a net loss of €792 million ($897.8 million) for this year's first quarter, a decline from its net profit of €832 million during the same period last year due to weak oil prices and a charge related to a ...
Eni Posts Larger-Than-Expected Loss Amid Oil Price SlumpBloomberg
UPDATE 1-Eni swings to net loss but operating profit beats expectationsReuters
Italian oil giant Eni swings to 1Q lossWashington Post
Nasdaq -Financial Times -Reuters Africa
all 12 news articles »
Categories: News - Business News

It's Not Just Apple's Fault, the Smartphone Market is Now a Dud - Bidness ETC

Google Business News - Thu, 04/28/2016 - 13:41

Bidness ETC

It's Not Just Apple's Fault, the Smartphone Market is Now a Dud
Bidness ETC
Apple Inc. (NASDAQ:AAPL) released lackluster earnings yesterday where the iPhone experienced a 16% decrease in unit sales. A report from International Data Corporation (IDC) believes that the smartphone market is now saturated, and the market leaders ...
Global smartphone market shrinks, year over yearTechCrunch
iPhone Shipments Decline As Smartphone Market Cools WorldwideInformationWeek
The smartphone market declined for the first time EVER; Samsung still on topCNBC
Investor's Business Daily -Jobs & Hire
all 34 news articles »Google News
Categories: News - Business News

Nearly 1 Million Sign Pledge to Boycott Target Over Bathroom Policy - Fortune

Google Business News - Thu, 04/28/2016 - 11:56

Fortune

Nearly 1 Million Sign Pledge to Boycott Target Over Bathroom Policy
Fortune
Opponents claim transgender bathroom policy is a safety risk. When Target TGT -2.34% last week waded into a contentious national debate by announcing that transgender workers and customers can use the restroom aligned with the gender they identify ...
5 Reasons Target's Trans Bathroom Policy Really Stepped In ItThe Federalist
One million Americans vow to boycott Target over transgender bathroomsFox News
Over 1 Million Vow to Boycott Target Over Transgender Bathroom PolicyChristian Post
ThinkProgress -yourcentralvalley.com -AL.com -WTVM
all 84 news articles »Google News
Categories: News - Business News

Cypress Semiconductor Losing Its CEO While Gaining a New Business From Broadcom - Fortune

Google Business News - Thu, 04/28/2016 - 10:48

Fortune

Cypress Semiconductor Losing Its CEO While Gaining a New Business From Broadcom
Fortune
But Cypress snaps up Broadcom's Internet of things biz for $550 million in cash. Cypress Semiconductor announced on Thursday that its chief executive officer, T.J. Rodgers, is stepping down. The chip maker is also buying Broadcom's BRCM 0.00% Internet ...
Cypress Semi to Buy Broadcom Business for $550 Million; CEO LeavingWall Street Journal
Priceline, Symantec, First Solar, Cypress: No One Wants Tech CEO JobBarron's (blog)
Cypress buying Broadcom IoT unit for $550M; CEO Rodgers stepping downSeeking Alpha
PR Newswire (press release) -Reuters -News Oracle -Money Morning
all 16 news articles »Google News
Categories: News - Business News

Oracle Buys Construction Software Specialist - Fortune

Google Business News - Thu, 04/28/2016 - 08:11

Fortune

Oracle Buys Construction Software Specialist
Fortune
But this is by no means Oracle's biggest industry-specific acquisition. An often-acquisitive Oracle ORCL -0.51% is offering $663 million to buy Textura TXTR 30.82% , a maker of cloud software for managing construction contracts and projects. The all ...
Oracle buys Textura for $663M to build up its construction IT businessTechCrunch
Oracle sets its sights on engineering and construction with Textura buyPCWorld
UPDATE - Oracle Buys TexturaMarketwired (press release)
Wall Street Journal -ZDNet -SiliconANGLE (blog) -Jutia Group (press release) (blog)
all 31 news articles »
Categories: News - Business News

Stocks open broadly lower - Los Angeles Times

Google Business News - Thu, 04/28/2016 - 08:07

Los Angeles Times

Stocks open broadly lower
Los Angeles Times
Stocks are opening broadly lower on Wall Street as traders look over the latest batch of earnings and deal news. Materials and healthcare stocks posted the biggest losses in early trading Thursday. Investors didn't get any encouragement from the ...
Markets Right Now: Stocks close mostly higher on Wall StreetWashington Post
Weak Apple, Twitter results lead U.S. stocks downMonterey County Herald
Dow Jones Industrial Average Wavers As Shares Of Apple Inc. (AAPL), Twitter Inc. (TWTR) Drop SharplyInternational Business Times
Business Insider -Hickory Daily Record -MarketWatch
all 36 news articles »
Categories: News - Business News

Why Sports Authority is throwing in the towel and closing all of its stores - OCRegister

Google Business News - Thu, 04/28/2016 - 08:06

OCRegister

Why Sports Authority is throwing in the towel and closing all of its stores
OCRegister
Sports Authority initially planned to unload 140 stores in the U.S. and Puerto Rico. PAUL RODRIGUEZ, STAFF PHOTOGRAPHER. By KEVIN SMITH / STAFF WRITER. Facebook; Twitter; Email; Comments; PRINT · SEND PDF. When struggling retailer Sports ...
Sports Authority abandoning reorganization bid, will sell assets, including South Florida storesSouth Florida Business Journal
Englewood grappling with likely loss of Sports Authority corporate HQThe Denver Post
Sports Authority gives up on reorganization, will close all of its storesThe Daily Breeze
Modern Readers -Press-Enterprise -Summit Daily News -Allentown Morning Call
all 50 news articles »
Categories: News - Business News

US Jobless Claims Rise but Remain Historically Low - Wall Street Journal

Google Business News - Thu, 04/28/2016 - 08:02

Wall Street Journal

US Jobless Claims Rise but Remain Historically Low
Wall Street Journal
The number of Americans filing for new unemployment benefits rose last week but remained at a historically low level consistent with a healthy and improving labor market. Initial claims for jobless benefits, a proxy for layoffs across the U.S. economy, ...
U.S. Jobless Claims Hover Near Lowest Level in Four DecadesBloomberg
US jobless claims up; four-week average lowest since 1973Reuters
Applications for US jobless aid rise from 4-decade lowWashington Post
MarketWatch -GlobalPost -RTT News -Barron's (blog)
all 22 news articles »Google News
Categories: News - Business News

Uber's Proposed Class-Action Settlement Leaves a Bad Taste - Fortune

Google Business News - Thu, 04/28/2016 - 05:46

Fortune

Uber's Proposed Class-Action Settlement Leaves a Bad Taste
Fortune
Sunset clause gives company an out. Uber's proposed settlement of a high-profile class-action lawsuit last week has drawn opposition from some drivers and other concerned parties as the ride-hailing service seeks to avoid reclassifying drivers as ...
Uber's Tipping PointSeeking Alpha
Uber Plays the Race Card to Shoot Down TippingNewsweek
Uber says tipping drivers isn't expected, but let's be honest: it isThe Verge
Bloomberg -Mashable -Forbes -Wall Street Journal
all 152 news articles »
Categories: News - Business News

Yen soars, stocks slump as BOJ holds policy, pushes back inflation target - Reuters

Google Business News - Thu, 04/28/2016 - 01:23

Reuters

Yen soars, stocks slump as BOJ holds policy, pushes back inflation target
Reuters
TOKYO The Bank of Japan held off from expanding monetary stimulus on Thursday, defying market expectations for action even as soft global demand, an unwelcome yen rise and weak consumption threatened to derail a fragile economic recovery. The yen ...
Bank of Japan Keeps Policy Unchanged; Yen RisesWall Street Journal
What Next for Abenomics? Experts Have Their SayBarron's
Yen Surges Most in 8 Months as BOJ Refrains From Adding StimulusBloomberg
Atlanta Journal Constitution -Washington Post -MarketWatch -Reuters Blogs (blog)
all 1,123 news articles »Google News
Categories: News - Business News

H&R Block sinks on weak tax-season results - CNBC

Google Business News - Wed, 04/27/2016 - 11:40

CNBC

H&R Block sinks on weak tax-season results
CNBC
Shares of H&R Block were the biggest laggards in the S&P 500 Wednesday, plunging because of a disappointing tax season. H&R Block said the number of U.S. tax returns handled during this tax season fell by nearly 6 percent, prompting the company to ...
H&R Block shares tumble on lousy tax seasonseattlepi.com
H&R Block Sinks After Preliminary Tax Results; OpCo Cuts To HoldBarron's (blog)
H&R Block Inc (HRB): The High-Dividend Bargain of the MonthInvestorplace.com
Washington Times -Zergwatch -Web Breaking News -Wall Street Journal
all 31 news articles »Google News
Categories: News - Business News

Gold rises as dollar weakens ahead of Fed policy outcome - Reuters

Google Business News - Wed, 04/27/2016 - 09:25

Reuters

Gold rises as dollar weakens ahead of Fed policy outcome
Reuters
LONDON Gold rose for a third straight session on Wednesday as weaker-than-expected U.S. data weighed on the dollar ahead of the Federal Reserve's policy decision later in the day. The Fed is likely to keep rates steady, and the focus rests squarely on ...
Gold Rises a Third Day as Dollar Slips Before Fed Rate DecisionBloomberg
Fed isn't expected to raise interest rates now, but what about in June?Los Angeles Times
Gold Rises Ahead of Fed Meeting's EndWall Street Journal
Fortune -USA TODAY -Washington Post -CNNMoney
all 431 news articles »
Categories: News - Business News

Arianna Huffington joins Uber's board - CNNMoney

Google Business News - Wed, 04/27/2016 - 06:08

CNNMoney

Arianna Huffington joins Uber's board
CNNMoney
The Huffington Post co-founder has been tapped to bring "emotional intelligence" to the the San Francisco-based transportation network and help it do a better job of marketing the brand, CEO Travis Kalanick said on Wednesday. "That ability to tell ...
Arianna Huffington Joins Uber's Board of DirectorsFortune
Uber's new board member: Huffington Post cofounder Arianna HuffingtonVentureBeat
Uber Names Arianna Huffington to BoardWall Street Journal
CNBC -The Hill -Benzinga -The National
all 13 news articles »Google News
Categories: News - Business News

Northrop Grumman profit rises 15 percent on lower tax expenses - Reuters

Google Business News - Wed, 04/27/2016 - 04:37

Reuters

Northrop Grumman profit rises 15 percent on lower tax expenses
Reuters
Northrop Grumman Corp (NOC.N), the maker of Global Hawk surveillance planes, reported a near 15 percent rise in quarterly profit, helped by lower tax expenses. The company's net income rose to $556 million, or $3.03 per share, in the first quarter ...
Northrop Grumman Q1 Results Beat Estimates; Lifts FY16 EPS View Above MarketNasdaq
Northrop Grumman beats Street 1Q forecastsMoney Morning

all 18 news articles »Google News
Categories: News - Business News
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