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Consumer Spending, Income Higher in February

Fri, 03/28/2014 - 8:28am
U.S. consumer spending rose in February, in the latest sign that the economy was regaining strength after being chilled by bad weather.
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Report: Alibaba's 1% Fee for Bankers Among Lowest for Internet IPO

Fri, 03/28/2014 - 8:00am
The fees for bankers handling Alibaba Group Holding Ltd.'s initial public offering indicate just how big a trophy deal it is: As a percentage of the sum raised, they may be the smallest in the U.S. since Facebook Inc.'s IPO a couple of years ago.
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Coming Up: Consumer Spending In February

Fri, 03/28/2014 - 8:00am
Consumer spending in the U.S. likely rose 0.3% in February and incomes probably advanced 0.2%, according to economists surveyed by MarketWatch.
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Objects Spotted In New Search For Missing Flight 370

Fri, 03/28/2014 - 7:58am
A New Zealand air force plane has spotted objects in the new search area for the missing Malaysia Airlines Flight 370, the Australian Maritime Safety Authority said in a post to Twitter on Friday.
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Bitcoin At $500 In Wake Of Reported Chinese Ban

Fri, 03/28/2014 - 7:51am
Bitcoin rose above $500 on the CoinDesk bitcoin price index Friday, after plunging more than 17% Thursday to $478.16.
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New BlackBerry phones to cater to keyboard aficionados: CEO

Fri, 03/28/2014 - 7:49am
BlackBerry Ltd plans to introduce high-end smartphones that cater to keyboard aficionados in the coming 18 months, in an effort to win back core corporate and government clients who have shunned the company's touch-screen devices.
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New BlackBerry Phones To Cater To Keyboard Aficionados: CEO

Fri, 03/28/2014 - 7:49am
BlackBerry Ltd plans to introduce high-end smartphones that cater to keyboard aficionados in the coming 18 months, in an effort to win back core corporate and government clients who have shunned the company's touch-screen devices.
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Google: Media 'Massively Over-Represented' in Hack Attacks

Fri, 03/28/2014 - 7:45am
Twenty-one of the world's top-25 news organisations have been the target of likely state-sponsored hacking attacks, according to research by two Google security engineers.
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Sony Names New Chief Financial Officer, Masaru Kato To Step Down

Fri, 03/28/2014 - 7:40am
Sony Corp, which is struggling to bring its electronics division into the black, said on Friday it would appoint Kenichiro Yoshida as new chief financial officer on April 1, replacing Masaru Kato.
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Stock Futures Rise as Traders Mull Data

Fri, 03/28/2014 - 7:36am
U.S. stock-index futures ticked higher on Friday as traders parsed through data showing consumer spending climbed in February. 
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CBS Outdoor to Begin Trading at $28 per Share

Fri, 03/28/2014 - 7:30am
The company's top executive says he plans to convince advertisers to move dollars to billboards and other displays as the company splits from broadcaster CBS.
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BlackBerry Shares Rise After Earnings

Fri, 03/28/2014 - 7:28am
BlackBerry Ltd. said Friday it posted a net loss of $423 million, or 80 cents a share, from a year-earlier profit of $98 million, or 19 cents a share.
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U.K. GDP Unrevised At 0.7% In Fourth Quarter

Fri, 03/28/2014 - 6:28am
The U.K. economy grew by 0.7% in the final quarter of last year, according to the third GDP estimate from the Office for National Statistics out on Friday, confirming previous estimates of quarterly growth.
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European Shares Rise on Hopes for ECB Easing

Fri, 03/28/2014 - 6:03am
A round of data pointing to an annual price decline in Spain bolstered speculation the ECB could cut rates at its next policy meeting, lifting shares. 
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European Stocks Head Toward Weekly Gain

Fri, 03/28/2014 - 4:32am
European stocks headed higher early Friday, with gains coming before consumer-confidence surveys from the euro zone, and a quarterly economic-growth reading from the U.K. The Stoxx Europe 600 index rose 0.5% to 332.93, held higher by miners and banks.
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Fed's Evans Sees First Rate Hike In Late 2015

Fri, 03/28/2014 - 1:48am
Chicago Federal Reserve Bank President Charles Evans said Friday in Hong Kong that he expected the benchmark U.S. policy interest rate to remain near zero well into 2015, given low inflation and still-high unemployment.
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Private equity funds grab smaller slice of M&A deals

Thu, 03/27/2014 - 8:06pm
Buyout firms are finding it harder to take part in mergers and acquisitions as the lure of stronger equity markets persuades more funds seeking to exit assets to try their luck with a public share sale or turn to cash-rich corporate buyers.
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Bitcoin Slides Below $500 On CoinDesk

Thu, 03/27/2014 - 7:27pm
The price of the digital currency bitcoin slid below $500 Thursday on CoinDesk's bitcoin price index.
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Cohen's SAC Capital Increases Stake in Zynga

Thu, 03/27/2014 - 6:05pm
Steven A. Cohen's investment-firm SAC Capital Advisors on Thursday disclosed an increased stake in Zynga Inc., now owning more than 5% of the game maker's shares.
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Wal-Mart Files Suit Against Visa for $5M

Thu, 03/27/2014 - 5:57pm
Wal-Mart has sued Visa for more than $5 billion, claiming the card network charged unreasonably high fees when the retailer's customers paid with plastic.
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