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Updated: 42 min 54 sec ago

EU's top energy official cautiously optimistic of Russia-Ukraine gas deal as new talks near

Thu, 10/16/2014 - 7:50am
The European Union's top energy official says he's cautiously optimistic about chances of a deal to secure gas supplies this winter for Ukraine and Europe as he prepares for new talks with Kiev and Moscow.
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European Markets Fall Deeper into Correction Territory

Thu, 10/16/2014 - 7:49am
European stocks sank Thursday, pushing the Stoxx Europe 600 further into correction and keeping up the recent frenzied selloff stoked by fears that global economic growth is stagnating.
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Goldman Sachs Beats Earnings And Revenue Expectations

Thu, 10/16/2014 - 7:49am
Goldman Sachs Group Inc. reported a third-quarter profit of $2.24 billion, or $4.57 cents a share, in the quarter, up from $1.51 billion, or $2.88 cents a share, in the year-earlier period, exceeding the FactSet consensus analyst estimate of $3.21 cents.
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Chrysler recalls nearly 907,000 cars, SUVs to fix stalling and power mirror wiring problems

Thu, 10/16/2014 - 7:46am
Chrysler is recalling nearly 907,000 Chrysler, Dodge and Jeep SUVs and cars for failing alternators and heated power mirrors that can cause minor fires.
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Goldman posts 3rd-quarter profit of $2.24 billion

Thu, 10/16/2014 - 7:46am
Goldman Sachs Group on Thursday reported third-quarter profit of $2.24 billion.
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Philip Morris Int'l 3Q profit falls 8 pct on lower cigarette sales, unfavorable exchange rates

Thu, 10/16/2014 - 7:46am
Philip Morris International's third-quarter profit dropped 8 percent as cigarette sales fell in the overseas markets that it serves and it was hurt by foreign exchange rates for the U.S. dollar.
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Insurer UnitedHealth tops 3rd quarter expectations, raises 2014 forecast

Thu, 10/16/2014 - 7:45am
UnitedHealth Group's third-quarter earnings inched up 2 percent but that was enough to help the nation's largest health insurer trump Wall Street expectations and raise its 2014 forecast for the first time this year.
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Investors' jitters push rates up for Spain's 10-year bonds, Treasury misses sale target

Thu, 10/16/2014 - 7:45am
Spain sold fewer 10-year bonds than it had hoped in an auction Thursday, amid broader jitters in financial markets.
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Goldman Sachs Reveals Solid Third-Quarter Beat

Thu, 10/16/2014 - 7:43am
The biggest U.S. investment bank easily beat on both lines in the third quarter, posting a 50% rise in net profit as pick-up in bond market boosted trading revenue.
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Barbie sales continue to slide in Mattel's 3Q as American Girl posts surprising decline

Thu, 10/16/2014 - 6:41am
Mattel's got girl problems, and they start with Barbie.
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Applications for US jobless aid likely ticked up last week but would remain at healthy level

Thu, 10/16/2014 - 6:16am
The U.S. Labor Department reports on the number of people who applied for unemployment benefits last week.
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OneTouch Direct cuts ribbon on western New York location; marketing firm hiring 150 to start

Thu, 10/16/2014 - 6:02am
Marketing company OneTouch Direct has begun construction of a new call center in western New York and says it will immediately begin hiring 150 people.
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GE Transportation to supply 50 Erie-built freight locomotives to Indonesian railway PTKAI

Thu, 10/16/2014 - 5:52am
GE Transportation has a $94.3 million contract to supply 50 freight locomotives to Indonesian railway PTKAI.
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Asian stocks sag on US growth fears but European markets stabilize after big falls

Thu, 10/16/2014 - 4:02am
Asian stocks sank Thursday after a torrid session on Wall Street triggered by jitters the recovery in the world's No.
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Oil exporting nations feeling pinch of low oil prices, oil importing ones feeling some relief

Thu, 10/16/2014 - 3:01am
A sudden plunge in the price of oil is sending economic and political shockwaves around the world.
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Facebook launches 'Safety Check' tool to notify friends you are OK during disasters

Thu, 10/16/2014 - 2:32am
Facebook Inc. is launching a tool that lets users notify friends and family that they are safe during or after natural disasters.
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Federal Reserve chair Janet Yellen to tour Boston-area job center on Thursday

Thu, 10/16/2014 - 2:16am
Federal Reserve Chair Janet Yellen is visiting the Boston area to tour a local job center and to speak at a conference on economic opportunity, as the central bank's first female head continues her focus on employment issues in her first year in office.
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New Jersey betting on skill-based games for real-money gambling; huge untapped market seen

Thu, 10/16/2014 - 2:12am
Those free games people download and play on their phones could be the next big thing in gambling.
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With artisanal hard ciders providing a new revenue stream, orchards plant cider varieties

Thu, 10/16/2014 - 2:02am
With hard cider making a hardcore comeback across the country, apple growers are tapping a juicy new revenue stream by establishing farmstead cideries and planting varieties too tart or tannic for the lunchbox but perfect for smashing and fermenting into distinctive artisanal brews.
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Nestle reports 3 percent sales drop but steady organic growth amid strong Swiss franc

Thu, 10/16/2014 - 1:54am
Nestle, the world's biggest food and drink company, has reported a 3 percent drop in group sales for the first nine months of the year, impacted by weakness in currencies against the Swiss franc and other costs.
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