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Updated: 39 min 8 sec ago

ECB Cuts Rates, Unveils Plans to Unleash QE Program

Thu, 09/04/2014 - 7:44am
The European Central Bank cut rates to new record lows, and unveiled an asset-buying program, in its bid to avert what would be painful deflation.
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Equity Futures Rise Ahead of ADP, Jobless Data

Thu, 09/04/2014 - 7:40am
U.S. equity futures rose as investors were set to sift through labor-market figures and comments from the head of the Cleveland Federal Reserve Bank.
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Chevron Phillips Chemical sells business to Solvay Specialty Polymers for $220 million

Thu, 09/04/2014 - 7:21am
Chevron Phillips Chemical is selling its high-performance engineering polymer business for $220 million.
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Ohio Supreme Court rules against electric company in dispute over customer charges

Thu, 09/04/2014 - 7:14am
The Ohio Supreme Court has sided with state utility regulators in a dispute with American Electric Power over how much the company can charge customers for coal.
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Yum Brands expects 3Q same-store sales in China to fall 13 percent due to food safety scandal

Thu, 09/04/2014 - 7:04am
Shares of Yum Brands fell sharply before the opening bell Thursday after the company warned that a food safety scandal in China, where the company generates half its revenue, is hammering sales.
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Bank of England keeps rates steady even as UK economy continues brisk rate of growth

Thu, 09/04/2014 - 7:01am
The Bank of England has voted to keep its main interest rate at a record low 0.5 percent even as Britain's economy recovers at a brisk pace.
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US service companies likely expanded at slower pace in August

Thu, 09/04/2014 - 6:46am
The Institute for Supply Management reports on growth at U.S. service firms in August.
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Costco August sales at stores open at least a year up 7 pct., easily surpassing expectations

Thu, 09/04/2014 - 6:45am
Costco's August sales at stores open at least a year climbed 7 percent, which was much better than industry watchers had expected.
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US trade gap likely rose in July, economists forecast

Thu, 09/04/2014 - 6:37am
The Commerce Department reports on the U.S. trade deficit in July.
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US productivity likely showed even better rebound in second quarter than first estimate

Thu, 09/04/2014 - 6:31am
The Commerce Department revises its estimate of U.S. worker productivity and costs for the April-June quarter.
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Applications for unemployment benefits likely rose last week, but remain at low levels

Thu, 09/04/2014 - 6:20am
The U.S. Labor Department reports on the number of people who applied for unemployment benefits last week.
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Danish toymaker's first-half sales, profits soar: It's all about the Lego Movie

Thu, 09/04/2014 - 5:50am
Danish toy maker Lego says revenue soared 11 percent in the first six months of 2014, mostly because of the success of the "Lego Movie." The privately owned company's chief financial officer said Thursday they were thrilled by the success.
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Cairo power outage halts subway trains to downtown, knocks Tv stations off air

Thu, 09/04/2014 - 5:02am
An hours-long power outage in Cairo has halted many subway trains and knocked several TV channels off the air in the Egyptian capital.
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Global stocks lackluster ahead of central bank meeting in Europe, US data; Samsung rises

Thu, 09/04/2014 - 4:12am
Global stock markets were lackluster Thursday after Wall Street fell and as investors looked ahead to a European Central Bank meeting and U.S. economic data.
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Choice of Nevada for battery factory brings Tesla Motors closer to mass-produced electric car

Thu, 09/04/2014 - 3:55am
To bring electric cars to the masses, Tesla Motors will use an expanse of desert where wild mustangs still roam for a factory that the company projects will crank out enough batteries to power 500,000 vehicles annually by decade's end.
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German factory orders rebound in July, offsetting 2 consecutive declines

Thu, 09/04/2014 - 3:30am
The Federal Statistical Office says factory orders in Germany rebounded sharply in July, offsetting two consecutive declines in a good sign for Europe's largest economy.
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Organizers: 'Civil disobedience' expected at protests in 150 cities over fast-food worker pay

Thu, 09/04/2014 - 3:01am
Hundreds of workers from McDonald's, Taco Bell, Wendy's and other fast-food chains are expected to walk off their jobs Thursday, according to labor organizers of the latest national protest to push the companies to pay their employees at least $15 an hour.
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Game hacking tip of the iceberg as threat of cybercrimes looms ever larger

Thu, 09/04/2014 - 2:19am
The boundary between the online and physical worlds got blurry last week when Sony's PlayStation Network was disabled by an online attack, while simultaneously an American Airlines passenger jet carrying a Sony executive was diverted due to a bomb threat on Twitter.
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Lighthouses for sale: Details on a few that are on the block on the East Coast, in Midwest

Thu, 09/04/2014 - 2:16am
The federal government is selling off lighthouses or in some cases giving them away for free.
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Creditors laying out their view in opening statements at Detroit bankruptcy trial

Thu, 09/04/2014 - 2:09am
Creditors who oppose the proposed settlement of Detroit's bankruptcy case have been having their say to the judge deciding whether to approve it.
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