Economy

Cyprus talks to continue; no deal yet
Cyprus officials and international representatives ended torturous negotiation in the early hours of Sunday with no agreement on a plan to raise money ...
Report: Dell likely to receive more takeover bids
Michael Dell may face some competition in his effort to take over the computer maker he founded. The Wall Street Journal reported on its web site ...
Horse shooting highlights slaughter debate
An Internet video that shows a meat company employee swearing at animal activists before shooting a horse in the head highlights the increasing ...
Cyprus lawmakers approve key bills for bailout
Lawmakers in Cyprus approved three key bills Friday that aim to raise enough money to qualify the country for a broader bailout package and help it ...
Tiffany 4Q net income rises less than 1 pct
Tiffany says its fourth-quarter net income edged up less than 1 percent, but still beat Wall Street predictions as strong customer demand in Asia for ...
Stocks rise on Wall Street aided by earnings
Strong company earnings boosted stocks on Wall Street Friday. Investors also saw a chance to add to their holdings after declines earlier in the week.
PepsiCo says it's not hungry for a big snack deal
PepsiCo Inc. says it isn't interested in any big acquisitions after a report suggested a mega-snack food deal could bring its Doritos under the same ...
US stock markets rise, bolstered by earnings
U.S. stock markets are closing higher on Wall Street, bolstered by strong earnings from companies like Nike. The Dow Jones industrial average was up ...
The humble beginnings of the cash register
Imagine a store without a cash register and no other accurate ways to quickly tally up daily sales. That was the case for all retail establishments ...
FCC Chairman Genachowski to step down
The chairman of the Federal Communications Commission, Julius Genachowski, on Friday announced that he's stepping down in the "coming weeks," after ...
World markets mixed, Cyprus talks continue
World stocks were mixed Friday as strong earnings reports in the U.S. helped offset concerns in Europe over Cyprus' unresolved bailout talks.
Darden 3Q profit falls but tops Street's view
Darden Restaurants' third-quarter net income dropped 18 percent, as it dealt with soft sales at Red Lobster but the performance still beat Wall ...
BP announces $8 billion share buyback
Oil company BP said Friday it will buy back $8 billion of shares using money it earned by selling its stake in Russian producer TNK-BP.
Bosch to abandon solar energy business
German engineering company Bosch said Friday that it is abandoning its solar energy business, because there is no way to make it economically viable ...
Marin Software rises in debut on the NYSE
Shares of Marin Software climbed nearly 27 percent in their first day as a publicly traded company. The software company's stock rose $3.76, or 26.
Bank closure leaves Cyprus businesses high and dry
At Jenny Dobreva's a convenience store, a customer comes up to get a lighter. She apologetically turns him away. It's not because he doesn't have ...
Retailers lift US stocks in early trading
U.S. stock markets are opening higher after a pair of big retail names reported better-than-expected earnings. Luxury retailer Tiffany and restaurant ...
Oil up to near $93 as Cyprus uncertainty lingers
The price of oil inched up closer to $93 a barrel Friday after a big slide the day before as the financial crisis in Cyprus kept traders on edge.
Russia may help Cyprus only after its deal with EU
Moscow will help Cyprus out financially only if the country's new money-raising measures get the backing of the European Union, Russia's prime ...
US futures edge up on strong corporate earnings
Stock futures are being pushed higher as surprisingly strong earnings from U.S. corporations overshadow the ongoing economic tumult in Europe.
CNOOC posts 9.3 pct profit drop on higher costs
State-owned CNOOC, which made China's biggest-ever overseas energy acquisition last year, said Friday that annual profit fell 9.3 percent because of ...
French luxury group PPR changes name to Kering
French luxury purveyor PPR says it is changing its name to Kering. The company behind Gucci and Yves Saint Laurent has been selling off its retail ...
German business optimism dips unexpectedly
An important German index of business optimism fell unexpectedly in March but the institute that conducts the survey said the economy remained on ...
Crisis in Cyprus threatens EU role and legitimacy
By rejecting an EU bailout and turning to Russia for help, Cyprus has exposed the growing frustration and dwindling solidarity within the European ...