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US stock market stabilizes at the end of a wild weed; Indexes are mixed in early trading

Fri, 10/10/2014 - 9:41am
U.S. markets are stabilizing at the end of a wild week.
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France, world's most nuclear-dependent nation, votes to slash output of atomic energy

Fri, 10/10/2014 - 9:31am
French lawmakers have voted to make their country a little less heavily dependent on nuclear energy.
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AP Interview: Norwegian Olympic officials to meet IOC to review reasons for Oslo withdrawal

Fri, 10/10/2014 - 9:30am
Norwegian Olympic officials will meet with IOC leaders in Switzerland this month to analyze the demise of Oslo's bid for the 2022 Winter Games and explore ways of improving the bidding process to win back future candidates.
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21st Century Fox, Apollo Global Merge Production Cos

Fri, 10/10/2014 - 9:19am
Media giant 21st Century Fox and private equity firm Apollo Global Management have completed an agreement to merge production companies Endemol, Shine Group and CORE Media into a single global content provider.

 

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China bans past and future works by wayward entertainers as part of vice crackdown

Fri, 10/10/2014 - 9:17am
Chinese authorities have ordered television stations, cinemas, online entertainment sites and other outlets not to show works by entertainers found to have been involved in vice crimes such as using drugs or visiting prostitutes, state media reported Thursday.
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Obama helps raise campaign cash for Democrats at fundraiser at actress Gwyneth Paltrow's home

Fri, 10/10/2014 - 9:17am
Gwyneth Paltrow has won numerous awards for her acting, but speaking apparently came with some difficulty Thursday with President Barack Obama standing beside her.
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OPEC Blames Speculators For Big Drop In Oil Prices

Fri, 10/10/2014 - 9:04am
The Organization of the Petroleum Exporting Countries on Friday accused speculators of playing a main role in the plunge that's taken oil prices to a nearly four-year low.
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Blackstone to Spin Off Financial Advisory Unit

Fri, 10/10/2014 - 9:02am
Blackstone Group LP said on Friday it would spin off its M&A, restructuring and private equity fundraising advisory businesses and combine them with the financial advisory firm of Morgan Stanley veteran Paul Taubman, in a move to avoid conflicts.
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Canadian Dollar Surges Against Rivals On Employment Numbers

Fri, 10/10/2014 - 9:02am
The Canadian dollar surged against its rivals Friday after data showed Canada's unemployment rate fell to 6.8% in September, its lowest level since December 2008.
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Darden Faces Shareholder Ire in Proxy Vote

Fri, 10/10/2014 - 9:00am
The showdown between Darden Restaurants Inc and activist investor Starboard Value LC will come to a boil at the company's annual meeting on Friday, where the Olive Garden parent is expected to at minimum lose control of its board.
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Blackstone Group spinning off financial advisory business

Fri, 10/10/2014 - 8:48am
Blackstone Group is spinning off its financial advisory business and combining it with financial advisory firm PJT Partners.
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Mitsubishi recalls more than 166,000 cars, SUVs; belts and pulleys can wear, cause stalling

Fri, 10/10/2014 - 8:47am
Mitsubishi is recalling nearly 166,000 older small cars and SUVs in the U.S. because the engines can stall unexpectedly.
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Medtronic, Covidien detail senior leadership plans for combined company

Fri, 10/10/2014 - 8:46am
The medical device maker Medtronic has laid out its leadership plans for life after it acquires Ireland's Covidien for nearly $43 billion.
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Cheaper Oil, Strong Dollar Push Import Prices Lower

Fri, 10/10/2014 - 8:42am
Import prices fell for the third-straight month as the cost of petroleum products declines and a strong dollar made it cheaper for Americans to buy EU goods.
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Russell 2000 Heads For Longest Weekly-loss Streak In Nearly a Decade

Fri, 10/10/2014 - 8:09am
Barring a historic turnaround on Friday, the Russell 2000 index of small-cap stocks is on course to suffer a sixth-straight weekly loss, which would be the longest such stretch since the six-week streak ending the week ended April 15, 2005.
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Crude Falls to Lowest Level in Two Years

Fri, 10/10/2014 - 8:05am
Crude fell to the lowest level in more than two years, as plunging oil prices weigh heavilly on the energy sector which is the worst performer among all ten S&P 500 sectors.
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Exact Sciences shares soar after test maker says Medicare will cover Cologuard

Fri, 10/10/2014 - 8:01am
Shares of Exact Sciences soared toward an all-time high before the opening bell Friday after the company said its new colon cancer test will be covered by Medicare.
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Tesla Unveils All-Wheel Drive Model 'S', Autopilot' Features

Fri, 10/10/2014 - 7:58am
Tesla took its first step toward automated driving, unveiling features to allow its electric sedan to park itself and sense dangerous situations.
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U.S. Futures Point to More Selling on Wall Street

Fri, 10/10/2014 - 7:51am
U.S. stock futures signaled more losses at the open to cap a week in which equities were rocked and volatility spiked on fears of slowing global growth.
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Germany refuses permission for 34 Air Berlin-Etihad codeshares, airline to challenge move

Fri, 10/10/2014 - 7:42am
Germany's second-biggest airline, Air Berlin, says German authorities have refused to grant permission for 34 codeshare flights with partner Etihad this winter, a decision it says it will challenge.
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