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After SEC Accused L&L Energy of Fraud, CEO Resigns

Tue, 04/08/2014 - 8:04am
L&L Energy Inc Chief Executive Dickson Lee resigned, the coal miner said in a regulatory filing on Tuesday, less than three weeks after the U.S. Securities and Exchange Commission accused the company of fraud.
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U.K. Industrial Production Rises Above Expectations In February

Tue, 04/08/2014 - 7:56am
Industrial production in the U.K. rose in February, with the Office for National Statistics reporting Tuesday a rise of 0.9% on seasonally adjusted basis compared with January.
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Gold Rises On Lower Dollar, Equities, Ukraine Tensions

Tue, 04/08/2014 - 7:53am
Gold rose more than 1 percent on Tuesday as the dollar and equity markets fell on signs the European Central Bank may not recur to more stimulus, while renewed tensions in Ukraine kept risk appetite subdued.
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Yelp Upgraded To Buy At SunTrust; $85 Target

Tue, 04/08/2014 - 7:50am
Yelp Inc. was upgraded to buy from neutral on Tuesday by analysts at SunTrust Robinson Humphrey, who cited the recent drop in the stock's value as an opportunity for future gains.
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Citigroup Says To Close One Third Of Korea Branches As Costs, Competition Rise

Tue, 04/08/2014 - 7:45am
Citi will become the third global bank to trim its presence in the country. The decision comes amid rising costs and intense competition.
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Wal-Mart to Open 50 Stores in India

Tue, 04/08/2014 - 7:34am
Wal-mart said it has plans to open 50 additional wholesale stores in India over the next four to five years.
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Samsung's Lower First-Quarter Estimate Highlights Smartphone Challenges

Tue, 04/08/2014 - 7:30am
Samsung said it's on track to post its second-straight quarter of profit decline as slow smartphone sales growth weigh on earnings.
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Small-business Optimism Sees Small Recovery In March

Tue, 04/08/2014 - 7:30am
A measure of small-business optimism improved in March but still didn't surpass January levels, a trade group said Tuesday.
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World Markets Wobble as Traders Brace for Earnings

Tue, 04/08/2014 - 6:09am
Global shares wavered in a tight range Tuesday on the heels of a three-day selloff as traders awaited the kick off of earnings season. 
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Sports Direct Slumps 6% After Mike Ashley Sells 25 Million Shares

Tue, 04/08/2014 - 5:05am
Shares of Sports Direct International PLC slumped 6.3% in London on Tuesday after reports that the company's founder Mike Ashley sold shares worth more than 200 million pounds ($332 million).
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European Stocks Extend Selloff

Tue, 04/08/2014 - 3:44am
European stocks turned lower Tuesday, extending recent losses as investors globally turn to concerns about stock valuations.
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Nokia says gets Chinese approval to sell phone business to Microsoft

Tue, 04/08/2014 - 3:29am
Nokia has received approval from Chinese authorities to sell its mobile phone business to Microsoft, it said on Tuesday, and added the companies expect the deal to close in April.
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UConn Beats Kentucky To Win NCAA Basketball Title

Mon, 04/07/2014 - 11:27pm
The University of Connecticut Huskies beat the rival Kentucky Wildcats 60-54 in the NCAA Men's Basketball championship game Monday night in Arlington, Texas.
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NCAA Basketball: UConn Leads Kentucky At Half

Mon, 04/07/2014 - 10:17pm
The University of Connecticut Huskies were leading Kentucky Wildcats by 35-31 at halftime in the NCAA Men's Basketball championship game in Arlington, Texas.
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Uber to Launch Courier Service In Manhattan

Mon, 04/07/2014 - 6:37pm
App-based car ride company Uber will deliver a new business line on Tuesday when it launches a trial courier service in Manhattan.
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Ford to Recall About 434,000 Vehicles

Mon, 04/07/2014 - 6:26pm
Ford Motor Co said on Monday it would recall about 434,700 vehicles mainly in North America due to two separate and unrelated issues.
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Senate Passes Unemployment-insurance Bill

Mon, 04/07/2014 - 6:22pm
The Senate on Monday passed a bill that would renew lapsed long-term unemployment benefits.
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Citigroup To Pay $1.3 Billion To Settle Mortgage Claims

Mon, 04/07/2014 - 5:43pm
Citigroup Inc. announced on Monday it will settle $1.13 billion in claims stemming from mortgage securities it sold during the financial crisis.
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U.S. March Budget Deficit $36 Billion: CBO

Mon, 04/07/2014 - 5:37pm
The U.S. ran a budget deficit of $36 billion in March, the Congressional Budget Office estimated Monday.
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Boeing 'protecting' St. Louis fighter jet line: executive

Mon, 04/07/2014 - 5:34pm
Boeing Co is self-funding procurement of some materials needed to keep producing EA-18G electronic attack planes for several months until the U.S. Congress signals whether it will fund 22 more jets in fiscal 2015, a company vice president said on Monday.
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