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Updated: 37 min 5 sec ago

EIA Cuts WTI Crude-oil Price View, Lowers U.S. Output Forecasts

Wed, 09/09/2015 - 12:51pm
The U.S. Energy Information Administration lowered its 2015 forecasts for West Texas Intermediate crude prices and U.S. oil production, in a monthly
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Ron Paul: We Should ‘Mind Our Business’ in Middle East

Wed, 09/09/2015 - 12:05pm
When it comes to the European migrant crisis, former Texas Congressman Ron Paul says: “we should have done a lot less a long time ago.”
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IMF's Lagarde urges more economic reforms as Tunisia slides into recession

Wed, 09/09/2015 - 11:29am
The managing director of the International Monetary Fund urged Tunisia to speed up reforms of its economy, as the North African country slid into a recession following devastating terrorist attacks.
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Lockheed Martin to cut 500 information systems jobs as it adjusts to government priority shift

Wed, 09/09/2015 - 11:09am
Lockheed Martin is eliminating about 500 jobs from its Information Systems & Global Solutions segment, as the defense contractor adjusts to changing government priorities and tries to sharpen its competitiveness.
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Netflix Shares Rally After Annoucing Global Expansion

Wed, 09/09/2015 - 10:52am
Netflix Inc said it would launch its movie and TV streaming service in South Korea, Singapore, Hong Kong and Taiwan early next year.
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CSX railroad cuts profit outlook for year because shipping volume down 2 percent so far in 3Q

Wed, 09/09/2015 - 10:43am
CSX railroad says it will be difficult to hit its profit goals in the second half of the year because coal demand is even weaker than expected.
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McDonald’s Goes Cage-Free While Others Fall Behind

Wed, 09/09/2015 - 10:41am
McDonald's announces plans to switch to 100 percent cage free eggs over the next 10 years. 
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Toyota's New Prius to Face Off Against Cheap Gas

Wed, 09/09/2015 - 10:37am
The fourth generation of Toyota's Prius, armed with a new look and improved fuel economy, must face off against the lowest gasoline prices in a decade when it goes on sale early next year.
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Street Gives United Continental Shakeup Two Thumbs Up

Wed, 09/09/2015 - 10:31am
Analysts on Wednesday gave the thumbs up to the replacement of United Continental Holdings Inc Chief Executive Officer Jeff Smisek, who stepped down due to a federal probe of the U.S. airline, and the company's shares were flat.
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Murray Energy CEO Blasts Obama’s ‘Costly’ Energy Plan

Wed, 09/09/2015 - 10:22am
Murray Energy CEO Bob Murray is fired up over the Obama Administration’s clean energy plan.
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Analysts Cut Yahoo Targets Amid Worries Over Alibaba Spinoff

Wed, 09/09/2015 - 10:22am
Wall Street analysts tempered their view on Yahoo stock after the company's plans for a tax-free spinoff of its stake in Alibaba Group Holdings hit a snag, Yahoo reported late Tuesday night.
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Stocks move higher in early trading in the US as investors take their cue from Europe and Asia

Wed, 09/09/2015 - 10:17am
U.S. stocks rose in early trading on optimism that policymakers in Asia will do more to help boost growth in the region.
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US competitiveness has gained since 2011, but Harvard Business alums worry about wealth gap

Wed, 09/09/2015 - 10:01am
Income inequality will remain a persistent problem despite brighter prospects for U.S. companies globally, according to an annual survey of Harvard Business School alumni officially being released Wednesday.
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World Bank Urges Rate Hike Delay: FT

Wed, 09/09/2015 - 9:46am
The Federal Reserve should delay raising interest rates past its September meeting next week or risk setting off “panic and turmoil” in global markets, the World Bank’s chief economist told the Financial Times.


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Wall Street Jumps on the Heels of Japan Rally

Wed, 09/09/2015 - 9:30am
U.S. equity markets extended a global rally as Asian markets closed higher with Japan's Nikkei surging more than 7%.
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Barnes & Noble 1Q Sales Fall

Wed, 09/09/2015 - 9:22am
Barnes & Noble said sales fell for a fifth straight quarter, hurt by store closures, lower online sales and weak demand for its Nook tablets.


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UPS Pilots Union Urges Vote on Authorizing Strike

Wed, 09/09/2015 - 8:54am
The union representing pilots at the package delivery company United Parcel Service said it had urged them to vote to authorize a strike.
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McDonald's to Source Cage-Free Eggs in U.S., Canada

Wed, 09/09/2015 - 8:52am
McDonald's Corp. said Wednesday it would transition to cage-free eggs for its restaurants in the U.S. and Canada over the next decade, the latest move by the burger giant to revamp its image.
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General Motors recalls Cadillac ATS; rear defroster control can overheat and catch fire

Wed, 09/09/2015 - 8:20am
General Motors is recalling about 121,000 Cadillacs because the rear window defroster control can overheat and catch fire.
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The Big Business of Fashion Shows

Wed, 09/09/2015 - 8:00am
Fashion shows serve an important and lucrative role for designers when it comes to creating a brand image and broadening their customer base. 
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