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Updated: 37 min 16 sec ago

Sonus Networks' Stock Halted After Company Slashes Outlook For Current Quarter

Tue, 03/24/2015 - 7:53am
Sonus Networks' stock remain halted for trading, as news that it slashed its first-quarter revenue outlook and that it now expects to report an adjusted loss is disseminated.
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Germanwings Jet Crashes In French Alps With 148 On Board: Reports

Tue, 03/24/2015 - 7:46am
A jet operated by Deutsche Lufthansa AG subsidiary Germanwings has crashed in the French Alps, media reports said Tuesday.
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Ocwen Financial's Stock Tumbles After Deficiency Letter From NYSE Was Received

Tue, 03/24/2015 - 7:42am
Shares of Ocwen Financial Corp. tumbled 10% in premarket trade Tuesday, as its announcement of plans to sell a portfolio of mortgage servicing rights with a principal balance of $25 billion failed to offset a warning from the New York Stock Exchange it was not in compliance with continued listing standards.
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The Latest: French president says no survivors are likely in plane crash in the Alps

Tue, 03/24/2015 - 7:28am
12:30 a.m. (1130 GMT, 7:30 a.m. EDT) French President Francois Hollande says no survivors are likely in the Alpine crash of a passenger jet carrying 148 people.
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AP Exclusive: House GOP budget cuts more into law-income health program to benefit Medicare

Tue, 03/24/2015 - 7:22am
House Republicans quietly deepened recommended budget savings from the government's chief health care program for the poor by about $140 billion in recent weeks to offset part of the cost of higher payments to doctors who treat Medicare patients, according to officials familiar with the tradeoff.
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Connecticut farm worker killed when mound of corn collapses, buries him

Tue, 03/24/2015 - 7:21am
A Connecticut farm worker has died after a pile of milled corn collapsed on him.
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Cozy Country Inn, known for proximity to Camp David, closing and likely to be razed

Tue, 03/24/2015 - 7:20am
A hotel known among Washington journalists for its proximity to Camp David is closing its doors.
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Nelson Mandela presidential memoir, sequel to 'Long Walk to Freedom,' to be published in 2016

Tue, 03/24/2015 - 7:19am
A posthumous memoir by Nelson Mandela, recounting his time as South Africa's first democratically elected president, is scheduled to be published around the world next year.
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State workers seek to join Illinois Gov's lawsuit over union dues, in hopes of national ruling

Tue, 03/24/2015 - 7:18am
Three Illinois state employees on Monday sought to join Gov. Bruce Rauner's lawsuit against labor unions, a legal maneuver aimed at trying to end mandatory union dues for nonmembers across the U.S., not just in Illinois.
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Judge orders Queens restaurant to pay $2.7M to 11 workers in back wages

Tue, 03/24/2015 - 7:02am
A judge has ordered a Queens restaurant to pay $2.7 million to 11 workers in back wages.
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US consumer prices likely rose last month as gas prices bounce; first gain after 3 declines

Tue, 03/24/2015 - 6:29am
The Labor Department reports on February consumer prices Tuesday at 8:30 a.m. Eastern.
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US sales of new homes likely fell in Feb.; winter storms cause real estate market to slow

Tue, 03/24/2015 - 6:22am
The Commerce Department reports February sales of new homes Tuesday at 10 a.m. Eastern.
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Swedish budget fashion chain H&M increases market share on strong sales, profit growth

Tue, 03/24/2015 - 5:31am
Swedish budget fashion chain Hennes & Mauritz AB says its three-month earnings surged 35 percent to 3.6 billion kronor ($420 million) on strong sales growth as shoppers were attracted by new collections.
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With business activity at near 4-year high, survey finds eurozone economy gaining momentum

Tue, 03/24/2015 - 5:27am
The 19-country eurozone economy appears to be gaining momentum as a closely-watched survey found business activity at a near four-year high in March.
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Gains in global stock markets tempered as China manufacturing falls to 11-month low

Tue, 03/24/2015 - 5:12am
World stocks rose Tuesday but gains were tempered as a manufacturing survey underlined that China's economic growth is still losing momentum.
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Facebook Eyes Hosting Deals With News Sites: NYT

Tue, 03/24/2015 - 3:59am
Facebook Inc. is in talks with at least six media companies about hosting their content directly on the social-media network's website, The
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Top Democrats on new pro-trade board will sharpen differences among liberals, blacks

Tue, 03/24/2015 - 3:15am
President Barack Obama's allies are recruiting high-profile Democrats to help combat liberal resistance to his bid for new trade agreements.
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New digital video service Vessel will give you early access to hot video clips _ for a price

Tue, 03/24/2015 - 3:02am
Would you pay to see some of the Internet's best video clips first? Vessel, a new service trying to change the way that short video pieces make money on the Internet and mobile devices, is betting on it.
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Taco Bell kills off 'waffle taco' and replaces it with 'biscuit taco' in latest breakfast push

Tue, 03/24/2015 - 3:01am
The newest weapon in the breakfast wars is a biscuit shaped like a taco.
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As American Express faces bruising competition, some cardholders can leave home without it

Tue, 03/24/2015 - 3:01am
For decades, American Express was the undisputed credit card of choice among corporate road warriors, the wealthy and the well-traveled, who lived by the company's slogan, "Don't leave home without it." But changing consumer habits, extremely aggressive competition and increased pushback from its merchants are putting heavy pressure on AmEx.
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