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News Corp To Launch Semi-annual Dividend, Extends Stockholder Rights Plan

Thu, 06/18/2015 - 8:13am
News Corp. said Thursday it is planning to initiate a semi-annual cash dividend of about 10 cents a share in the first quarter fiscal 2016, its first since the company was separated from 21st Century Fox Inc. in 2013.
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Waltham man convicted of insider trading charges by passing on information to golfing buddies

Thu, 06/18/2015 - 7:58am
A Waltham man has been convicted of insider trading for tipping off his golfing buddies about the business activities of a company that helped them make more than $500,000 illegally.
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Rite Aid Comp Sales Miss Estimates

Thu, 06/18/2015 - 7:39am
The No. 3 U.S. drugstore chain posted slower-than-expected quarterly same-store sales growth as the introduction of new generic drugs hurt pharmacy sales.
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Moody's raises outlook for Spain's banks to positive, ending 7-year negative rating

Thu, 06/18/2015 - 7:34am
Credit ratings agency Moody's says it has raised its outlook for Spain's banks to positive, scrapping the negative rating it had held for seven years.
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Democrats hail funding for immigrant children; critics worry state health program overburdened

Thu, 06/18/2015 - 7:33am
In a move that adds momentum to efforts to integrate immigrants, California is on the cusp of extending state-subsidized health care coverage to children from low-income families who are in the country illegally.
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Lagarde: Greece Faces Default July 1 Without Deal

Thu, 06/18/2015 - 7:25am
Greece will default with the International Monetary Fund on July 1 if it doesn't make it payment on June 30 because there's no way to delay it, IMF Managing Director Christine Lagarde said Thursday.
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Results from a drug study for the most common form of dwarfism sends BioMarin near new heights

Thu, 06/18/2015 - 7:21am
BioMarin shares neared an all-time high before the opening bell Thursday after announcing positive results from a mid-stage study for its drug to treat the most common form of dwarfism.
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Rite Aid tops 1Q profit expectations, meets revenue forecasts

Thu, 06/18/2015 - 7:18am
Rite Aid Corp. (RAD) on Thursday reported fiscal first-quarter net income of $18.8 million.
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Applications for US unemployment benefits likely changed little last week

Thu, 06/18/2015 - 6:50am
The U.S. Labor Department reports on the number of people who applied for unemployment benefits last week at 8:30 a.m. Eastern Thursday.
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US consumer prices expected to rise in May reflecting big jump in energy costs

Thu, 06/18/2015 - 6:26am
The Labor Department reports on consumer prices for May at 8:30 a.m. Eastern Thursday.
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European carrier Wizz Air inks deal for 110 Airbus A321neo jets with list value topping $12.5B

Thu, 06/18/2015 - 5:48am
European carrier Wizz Air says it has signed a provisional deal to buy 110 Airbus 321neo planes in a deal that would be worth more than $12.5 billion at list prices.
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Germany's Merkel: EU should deal seriously with British reform demands but stick to principles

Thu, 06/18/2015 - 5:17am
German Chancellor Angela Merkel says the European Union should deal "seriously and conscientiously" with British demands for changes to the bloc, but is stressing that fundamental principles such as the free movement of workers aren't up for negotiation.
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Japan tourism boom a welcome boost to economy, but awkward for country unused to foreign ways

Thu, 06/18/2015 - 3:43am
From the slopes of Mount Fuji to the temple streets of Kyoto, tourists are cramming Japan's prime sightseeing spots, puzzling their way through Tokyo subways, and splashing out cash on cosmetics, sushi and high-tech toilet seats.
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Analysis: Trade bill poses toughest test to credibility of Obama's Asia policy

Thu, 06/18/2015 - 3:32am
Critics have long predicted that President Barack Obama's policy to shift America's focus toward Asia is doomed.
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Asian stock markets mostly down after Federal Reserve cuts US growth forecast

Thu, 06/18/2015 - 3:30am
Asian stock markets were mostly lower Thursday after the Federal Reserve cuts its forecast for U.S. economic growth, a move that could delay Fed rate hikes but also suggests reduced American demand for Asia's exports.
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Bush was board member or adviser for 15 entities, raising conflict scenarios if he wins 2016

Thu, 06/18/2015 - 3:19am
Jeb Bush's years in corporate America could trigger complications for him if he wins the White House.
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FBI to Congress: Surveillance flights over US cities by-the-book, rarely track cellphones

Thu, 06/18/2015 - 3:16am
The FBI is telling Congress about its plane surveillance program, saying it's a by-the-book operation short on high-definition cameras, and that it has only tracked cellphones from the sky five times in five years.
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Vote set Thursday in House on trade bill once left for dead

Thu, 06/18/2015 - 3:12am
President Barack Obama's trade agenda appears to be back on track after an extraordinary bipartisan rescue operation mounted in the week since it was derailed in the House by rebellious Democrats backed by organized labor.
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With Democratic help, GOP House ready to repeal medical tax, other parts of Obama health law

Thu, 06/18/2015 - 3:10am
The House is ready to vote to repeal two pieces of President Barack Obama's health care law, despite veto threats.
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APNewsBreak: McDonald's US store count to shrink this year, possibly for 1st time

Thu, 06/18/2015 - 3:00am
The burger chain that put "supersize" into the American vernacular is slimming down.
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