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Alcoa To Book Third-quarter Charge For Closure Of Italian Smelter

Mon, 08/25/2014 - 8:46am
Alcoa Inc. said Monday it expects to book charges totaling $170 million to $180 million after-tax in the third quarter to cover the costs of the permanent closure of its Portovesme aluminum smelter in Italy.
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J.C. Penney Shares Rally Premarket After Upbeat Analyst Note

Mon, 08/25/2014 - 8:44am
Shares of J.C. Penney Co. rallied 2.7% in premarket trade, after J.P. Morgan sent clients a favorable research report on the department store chain.
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Vivus acquires patent rights to Qsymia ingredient, terms not disclosed

Mon, 08/25/2014 - 8:36am
Vivus has acquired a group of patents covering one of the main ingredients behind its weight loss drug Qsymia from Janssen Pharmaceuticals.
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Opinion: Colleges Worsen Income Inequality

Mon, 08/25/2014 - 8:30am
Are colleges – some of which offer degrees seen to have little real-world use, and others that sport failing business models -- exacerbating income inequality? Perhaps.
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Oak Hill Capital to buy Berlin Packaging for $1.43 bln

Mon, 08/25/2014 - 8:27am
Private equity firm Oak Hill Capital Partners said it would buy container maker Berlin Packaging LLC for $1.43 billion from Bahrain-based investment firm Investcorp Bank BSC.
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Activist investor presses apparel retailer Ann Inc for sale

Mon, 08/25/2014 - 8:05am
An activist investor urged women's apparel retailer Ann Inc to sell itself, saying it could fetch as much as $2.52 billion, failing which each of the company's board members should buy back stock as a "sign of confidence".
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Japan offers to provide anti-influenza drug for possible Ebola treatment

Mon, 08/25/2014 - 8:01am
Japan said Monday it is ready to provide a Japanese-developed anti-influenza drug as a possible treatment for the rapidly expanding Ebola outbreak.
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Roche to buy U.S. biotech firm InterMune for $8.3 billion

Mon, 08/25/2014 - 8:00am
Roche will buy U.S. biotech company InterMune for $8.3 billion cash, helping the world's leading cancer-drug maker expand into rare and incurable-disease treatment.
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Shivery and shovelry ahead: Farmers' Almanac predicts another bitterly cold, wet winter

Mon, 08/25/2014 - 8:00am
The folks at the Farmers' Almanac can be forgiven for feeling smug: The 198-year-old publication correctly predicted the past nasty winter while federal forecasters blew it.
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Engine Capital goes public with its push for the sale of the Ann Taylor chain

Mon, 08/25/2014 - 8:00am
A big shareholder in the Ann Taylor chain is ratcheting up pressure on its parent company to put it up for sale.
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Security threat forces San Diego-bound American Airline flight to divert to Phoenix

Mon, 08/25/2014 - 7:58am
Authorities say a security threat forced a flight from Dallas to San Diego to be diverted to Phoenix.
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Heart group: E-cigarettes need tighter control but may be a 'last resort' to help smokers quit

Mon, 08/25/2014 - 7:56am
The American Heart Association's first policy statement on electronic cigarettes backs them as a last resort to help smokers quit.
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Earthquake strikes at heart of California wine country, just as harvest season begins

Mon, 08/25/2014 - 7:55am
Winemakers in California's storied Napa Valley woke up to thousands of broken bottles and barrels as a result of Sunday's earthquake.
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Rap mogul Marion 'Suge' Knight shot, injured in West Hollywood nightclub

Mon, 08/25/2014 - 7:53am
Death Row Records founder and rap mogul Marion "Suge" Knight was shot and injured in a packed nightclub early Sunday, but he was expected to survive, a Los Angeles County sheriff's sergeant said.
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Workers confident the end is near, even though there's no deal yet in Market Basket feud

Mon, 08/25/2014 - 7:46am
The family feud that has brought the Market Basket supermarket chain to its knees may be nearing its end.
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Merger News Helps Lift U.S. Equity Futures

Mon, 08/25/2014 - 7:45am
U.S. equity futures rose, inspired by merger news and gains from European markets, which rose on hints of more stimulus from ECB's Mario Draghi.
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Former Romanian deputy prime minister, businessman gets 4-year sentence for tax evasion

Mon, 08/25/2014 - 7:39am
A former Romanian deputy prime minister and businessman has been handed a four-year prison sentence for selling property to the national lottery at inflated prices and not declaring tax.
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Do bamboo caterpillars and grasshoppers have a future on dining room tables?

Mon, 08/25/2014 - 6:38am
Depending solely on the rains to either yield a good rice crop or leave their fields dry and barren, farmers in this village in northeastern Thailand, the country's poorest region, led a precarious and back-breaking existence.
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French President Hollande Dissolves Government

Mon, 08/25/2014 - 5:31am
French President Fran�ois Hollande on Monday dissolved the government after criticism of his policies by senior government ministers over the weekend, The
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Toyota's most rugged Land Cruiser 70 is back in Japan, a nameplate that represents durability

Mon, 08/25/2014 - 4:57am
Toyota Motor Corp. is bringing back the Land Cruiser 70 in Japan, catering to nostalgic demand for the rugged off-road vehicle.
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