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ABC Business News
The 'Smoking Gun' That Could Free 'Happy Birthday to You'
Wed, 29 Jul 2015 18:41:26 -0400
Some "newly discovered evidence" may be just the silver bullet that could put the classic song "Happy Birthday to You" in the public domain.
How a Supermodel Inspired the Luxury Hermes Birkin Bag
Wed, 29 Jul 2015 17:15:39 -0400
Former supermodel Jane Birkin, who said she no longer wants to be associated with Herm??s' Birkin handbag, inspired the ultra-luxury product through a random encounter on
Better Economy Has Smokers Buying More Marlboros
Wed, 29 Jul 2015 12:27:04 -0400
Better economy prompts smokers to buy more Marlboros; Altria tops 2Q expectations
Whole Foods: Sales Hurt by Bad Publicity From Overcharging
Wed, 29 Jul 2015 19:38:36 -0400
Whole Foods says bad publicity over NYC stores overcharging hurting sales
Ford F-150 Gets Mixed Crash Test Results
Wed, 29 Jul 2015 19:05:20 -0400
Aluminum-sided Ford F-150 gets mixed crash test results from insurance industry
Average US Vehicle Age Hits Record 11.5 Years
Wed, 29 Jul 2015 19:02:21 -0400
Old and reliable: Average US vehicle is now 11.5 years old, according to new report
How the Dow Jones Industrial Average Fared on Wednesday
Wed, 29 Jul 2015 17:57:51 -0400
How the Dow Jones industrial average and other major indexes fared on Wednesday
Lew Informs Congress He Extending Debt-Limit Measures
Wed, 29 Jul 2015 17:30:20 -0400
Lew tells Congress he plans to extend measures to keep under debt limit until Oct. 30
Stocks End Higher After Fed Keeps Interest Rates Unchanged
Wed, 29 Jul 2015 17:11:36 -0400
Stocks end higher after Fed holds interest rates close to zero; Northrop jumps on earnings
Tesla Offers 1st Incentive in Owner Referral Program
Wed, 29 Jul 2015 16:48:38 -0400
Tesla offers 1st incentive, $1,000 to buyers referred by current Tesla owners
Yelp and Twitter Are Big Market Movers
Wed, 29 Jul 2015 16:26:51 -0400
Yelp, Twitter, Cytec, Gilead and CNH Industrial are big market movers
Fed Holds Steady on Rates, Seeks Further Economic Gains
Wed, 29 Jul 2015 16:26:01 -0400
Fed keeps interest rate unchanged, seeks further economic gains before starting hikes
Watch: Real Biz Rundown: The 5 Things You Need to Know in the Week Ahead
Fri, 24 Jul 2015 18:03:57 -0400
Our Real Biz 'Rockstar' and 5 things to know before you head into the weekend.
Watch: Real Biz Rapid Fire With Yuri Milner
Fri, 24 Jul 2015 17:53:25 -0400
Inside the brain of billionaire Yuri Milner.
Watch: Real Biz Goes to London Part 3
Mon, 27 Jul 2015 10:12:52 -0400
Billionaire Yuri Milner on finding ET and Real Biz says goodbye to London.
Watch: Amazon Overtakes Walmart in Market Value
Fri, 24 Jul 2015 12:12:13 -0400
The online retailer now has a marketcap of $263.2 billion, surpassing Walmart's $232.7 billion. Walmart remains the world's biggest retailer in terms of revenue, however.
Watch: Converse Chuck Taylor Get First Makeover in Nearly 100 Years
Fri, 24 Jul 2015 10:45:35 -0400
The Chuck Taylor All Star II, an upgrade to the classic 1917 shoe, will include a padded collar and micro-suede liner.
Photos: Donald Trump Sells New York City Penthouse
Tue, 28 Jul 2015 16:44:40 -0400
The candidate sold the home for $14 million below its listing price.
Photos: Luxurious Homes With Outdoor Kitchens For Sale
Fri, 24 Jul 2015 15:29:09 -0400
Enjoy the sunshine while you prepare a home-cooked meal outside.
Photos: A+ Homes By College Campuses For Sale
Fri, 17 Jul 2015 14:27:04 -0400
You can get in the college spirit or buy these homes near universities as potential income-earning rentals.
ABC Business News
MSNBC Business News
Facebook Revenue Jumps as Mobile Ad Sales Rise
Wed, 29 Jul 2015 20:50:30 GMT
Facebook reported a 9 percent fall in quarterly profit as it spent heavily to boost mobile revenue and develop products.
Satisfaction With Social Media Sites Grows
Wed, 29 Jul 2015 20:02:21 GMT
The new American Customer Satisfaction Index shows that social media services have made gains in keeping customers happier.
Out of Soap? Amazon Dash Buttons Are Here to Help
Wed, 29 Jul 2015 19:22:08 GMT
Amazon's Dash buttons, which let users order a variety of products with the press of a button, are now available to purchase.
Is Cord Blood Banking Worth the Cost?
Wed, 29 Jul 2015 18:59:06 GMT
Expectant parents have a number of big financial decisions to make. Increasingly among them, what to do with baby's cord blood.Cord blood is a hot com
Fed Keeps Interest Rate As Is, Stays Mum on Hike
Wed, 29 Jul 2015 18:23:33 GMT
The Federal Reserve on Wednesday declined to raise interest rates or provide any clues about when a hike is on the way.
Eight in 10 Americans Are in Debt: Study
Wed, 29 Jul 2015 17:25:47 GMT
It may be a dirty word in some quarters, but debt is a fact of life for more and more Americans. And that may not be a bad thing.
Whirlpool Recalls 40,000 Ovens for Faulty Rack
Wed, 29 Jul 2015 16:50:07 GMT
Whirlpool is recalling more than 40,000 of its Jenn-Air brand ovens after customers reported burns due to faulty oven racks.
Fiat Chrysler Aims to Fix Broken Safety Program
Wed, 29 Jul 2015 16:20:06 GMT
Fiat Chrysler Automobiles is under the microscope as federal regulators press it to change what they describe as a malfunctioning safety program.
Windows 10: Why App Makers Aren't Impressed
Wed, 29 Jul 2015 15:01:29 GMT
A lot is resting on the new OS after its predecessor Windows 8 was heavily criticized.
Americans Saving More, But Not for Retirement
Wed, 29 Jul 2015 14:58:13 GMT
Americans are saving more, just not in their employer-sponsored retirement plans, according to a new analysis by a retirement market researcher.
How Medical Marijuana Is Boosting Sales at Vape Shops
Wed, 29 Jul 2015 13:36:44 GMT
U.S. vape shops are seeking to capitalize not only on the vaping trend, but on the more widespread, and legal, use of medical marijuana.
Nokia is Back With a Virtual Reality Camera
Wed, 29 Jul 2015 13:22:45 GMT
Nokia has returned to the consumer space, but this time with a virtual reality (VR) camera rather than phones.
Roller Coaster Crash Set to Cost Owner $73 Million
Wed, 29 Jul 2015 10:15:39 GMT
A popular U.K. attractions operator has issued a profit warning ahead of its interim results this week, after a roller coaster incident.
'I Don't Have 20 Minutes': Jet Nearly Runs Out of Fuel
Wed, 29 Jul 2015 08:56:42 GMT
The Allegiant plane with 144 passengers landed safely last Thursday at Hector International Airport in Fargo, North Dakota.
#changingmyunderwearnow: NFL Star Tweets Jet Scare
Wed, 29 Jul 2015 08:23:27 GMT
An American Airlines flight traveling from Chicago O'Hare to Charlotte made an emergency landing Tuesday night.
'Unacceptable': Twitter CEO Bemoans Low User Growth
Wed, 29 Jul 2015 00:01:14 GMT
Twitter reported that its number of monthly average users grew at the slowest pace since it went public in 2013.
SBA Resumes Loans to Small Businesses
Tue, 28 Jul 2015 19:15:05 GMT
Small businesses are again able to get loans backed by the U.S. government following passage of a bill raising the SBA's lending authority.
Delta's Newest Perk Is an Upgrade to Private Jet
Tue, 28 Jul 2015 19:09:22 GMT
Delta Air Lines will soon begin offering a new upgrade option to select fliers that will literally land them outside the plane: a seat on a private jet.
Amazon Unveils Flight Plan for Its Delivery Drones
Tue, 28 Jul 2015 17:55:53 GMT
Amazon announced a plan on Tuesday to finally get its package-delivery drones in the air. The proposal includes tiered flight zones that would li
Dodge Doubles Production of Muscular Hellcat
Tue, 28 Jul 2015 17:34:33 GMT
The new 707-horsepower Dodge Charger SRT Hellcat is proving so popular that the company is doubling the production output for 2016.
MSNBC Business News
BBC Business News
Half of online world uses Facebook
Wed, 29 Jul 2015 22:59:53 GMT
Half the world's estimated online population now check into social networking giant Facebook at least once a month.
US Fed moves closer to rate hike
Wed, 29 Jul 2015 19:13:28 GMT
The US central bank , the Federal Reserve, keeps its key interest rate on hold but indicates it is more positive on the US economy.
GlaxoSmithKline sees big profits fall
Wed, 29 Jul 2015 16:59:12 GMT
Pharmaceuticals giant GlaxoSmithKline (GSK) sees a big fall in second-quarter earnings amid continued pressure from generic drugmakers.
Twitter's honesty hits shares
Wed, 29 Jul 2015 20:42:02 GMT
Twitter's shares plunge more than 13% after the firm warns it will take time to attract new users.
Car repair bills 'like a lottery'
Tue, 28 Jul 2015 23:10:10 GMT
Regional differences between car repair bills amount to a lottery, and can be "offensive", a UK car magazine has claimed.
Barclays reports 25% rise in profits
Wed, 29 Jul 2015 06:55:49 GMT
Barclays bank reports a 25% rise in half-year profits to £3.1bn but has set aside another £850m for customer compensation - including further PPI claims.
Windows 10 launch is 'new era'
Wed, 29 Jul 2015 04:10:00 GMT
Wednesday's global launch of Windows 10 marks a “new era” for personal computing, Microsoft’s chief executive tells the BBC.
Personal insolvency at 10-year low
Wed, 29 Jul 2015 10:57:38 GMT
The number of people being declared insolvent falls to its lowest level for nearly a decade, figures from the Insolvency Service show.
VW warns of 'challenges' ahead
Wed, 29 Jul 2015 10:14:00 GMT
German carmaker Volkswagen reports a rise in quarterly results but warns of a number of 'challenges' ahead.
Nintendo surprises with net profit
Wed, 29 Jul 2015 08:29:09 GMT
Japanese video game giant Nintendo beats expectations to swing to a net profit in its first quarter of this year.
SSE buys gas field stake for £565m
Wed, 29 Jul 2015 10:13:50 GMT
Energy firm SSE announces it is buying a minority stake in French oil and gas giant Total's West of Shetland operations for £565m.
FTSE boosted by company reports
Wed, 29 Jul 2015 16:10:35 GMT
Shares remain higher at midday after another bumper series of company reports helps the FTSE 100 on Wednesday.
LinkedIn pledges to reduce emails
Tue, 28 Jul 2015 18:42:52 GMT
LinkedIn members opening their email inbox with a groan at yet another message from the professional networking site can rest easy.
Army job cuts made three years early
Wed, 29 Jul 2015 16:56:24 GMT
The number of British army personnel has been cut back by 20,000, three years ahead of target, according to statistics from the Ministry of Defence.
VIDEO: 'My greenhouse made of sash windows'
Wed, 29 Jul 2015 23:04:26 GMT
Architect student Rachael Taylor tells the story of her community greenhouse, made out of recovered sash windows.
VIDEO: Rory gets a Windows 10 crash course
Wed, 29 Jul 2015 04:00:45 GMT
Rory Cellan-Jones goes hands-on with Windows 10 and tries out some of the operating system's new features.
VIDEO: UK pushing for more trade with Asia
Wed, 29 Jul 2015 00:59:33 GMT
UK Prime Minister David Cameron is in Vietnam - about to start the third day of a tour of south east Asia, hoping to encourage more trade between the countries.
AUDIO: Motorola wants battery breakthrough
Tue, 28 Jul 2015 14:50:03 GMT
Motorola's chief executive says he would love a battery tech breakthrough, but believes it will be a long time before phones last a full week between charges.
VIDEO: Will gamers flock to Angry Birds 2?
Tue, 28 Jul 2015 10:48:15 GMT
Rovio Entertainment, creators of the smash hit mobile game Angry Birds, are set to release their new game, Angry Birds 2, as Jeremy Howell reports.
VIDEO: 'Sorry, that's not GDP!'
Mon, 27 Jul 2015 23:19:44 GMT
BBC News explains how your daily activities can influence the calculation of GDP, or Gross Domestic Product, a key economic indicator.
BBC Business News
Yahoo Business News
Fed says economy improving; September rate hike in view
Wed, 29 Jul 2015 16:21:57 -0400
An eagle tops the U.S. Federal Reserve building's facade in WashingtonThe U.S. economy and job market continue to strengthen, the Federal Reserve said on Wednesday, leaving the door open for a possible interest rate hike when central bank policymakers next meet in September. "On balance, a range of labor market indicators suggest that underutilization of labor resources has diminished since early this year," the Fed said in a policy statement that kept rates unchanged. The Fed also said it now only needs to see "some" more improvement in the labor market, a qualification that analysts said strongly suggested it believes the recent solid U.S. job gains will continue.

Facebook profit falls 9 percent as costs soar
Wed, 29 Jul 2015 19:06:29 -0400
A 3D plastic representation of the Facebook logo is seen in this illustration in ZenicaFacebook Inc reported quarterly revenue that beat forecasts but its profit fell 9 percent as the social media company sharply increased spending to boost mobile revenue and future growth. "We're investing in the next set of services and what will be future investments like Messenger, WhatsApp and Oculus," Chief Operating Officer Sheryl Sandberg said in an interview on Wednesday after the earnings report. Messenger has more than 700 million users, and the app has been downloaded more than 1 billion times on Android, Google Inc's mobile operating system, Facebook said.

Wall Street ends higher after Fed leaves investors unruffled
Wed, 29 Jul 2015 16:37:14 -0400
Traders work on the floor of the New York Stock ExchangeU.S. interest rates have remained near zero for almost a decade and the Fed has said it will raise rates once it sees a sustained recovery in the economy. "The statement tried to just give an update on the state of the economy, which is showing some modest improvement," said Guy Haselmann, head of U.S. interest rate strategy at Scotiabank in New York. The S&P 500 gained 0.73 percent to 2,108.57 and the Nasdaq Composite added 0.44 percent to finish at 5,111.73.

Weak home purchase contracts hint at pause in sales activity
Wed, 29 Jul 2015 11:56:04 -0400
Homes are seen for sale in the northwest area of PortlandThe decline in contracts, which came on the heels of reports showing the pace of home price appreciation stalling in major cities and new home sales dropping, did little to change perceptions that the housing market recovery was on track given a tightening labor market. It is important to bear in mind that there is still plenty of fundamental support for the housing market," said Jennifer Lee, a senior economist at BMO Capital Markets in Toronto. The National Association of Realtors said on Wednesday its Pending Home Sales Index, based on contracts signed last month, declined 1.8 percent to 110.3.

Exclusive: FCA's Chrysler group faces U.S. product drought through 2016
Wed, 29 Jul 2015 15:25:03 -0400
Auto dealership selling the Jeep Grand Cherokee in Los AngelesFiat Chrysler Automobiles NV will face a shortage of new products in North America over the next 18 months, especially hot-selling trucks and crossover vehicles, according to three sources familiar with the company's plans. While the Italian-American automaker said it will bring three new sports models from Italy to the United States in the coming year, it plans to introduce only one all-new vehicle developed and built in North America: A redesigned Chrysler Town and Country minivan that is due next spring. In comparison, FCA's two Detroit rivals between them plan to introduce more than a dozen new or redesigned U.S. models by the end of 2016, the sources said.

Toshiba scandal puts focus on Japan's cut-price company audits
Wed, 29 Jul 2015 18:03:14 -0400
Man walks past logo of Toshiba Corp at electronics store in TokyoToshiba Corp's years-long practice of inflating its profits has raised questions among accounting experts about whether low fees paid by Japan-listed companies to their auditors mean they do not spend enough time scrutinizing company accounts. Toshiba chief executive Hisao Tanaka and a string of other senior officials resigned last week after an independent inquiry found the company had padded its profits by $1.2 billion over several years, in one of Japan's biggest corporate scandals in years. The committee of external lawyers and accountants probing the computers-to-nuclear conglomerate found "most of the accounting treatment issues that were the scope of this investigation were not noted" by the auditor Ernst & Young (EY) ShinNihon.

ITG sets aside $20.3 million related to dark pool investigation
Wed, 29 Jul 2015 18:41:53 -0400
To match Special Report SEC/INVESTIGATIONSBy John McCrank NEW YORK (Reuters) - Broker dealer Investment Technology Group said on Wednesday it set aside $20.3 million for a probable settlement with the U.S. Securities and Exchange Commission over rule violations related to its private stock trading venue. The settlement would be a record amount handed out by the SEC related to the operation of a private stock trading platform, or "dark pool." ITG said the SEC was investigating a test program one of the firm's subsidiaries ran from 2010 until mid-2011 that involved proprietary trading inside of ITG's POSIT dark pool against some of its broker clients that the firm did not disclose. ITG also said the employee who ran the program in question, who is no longer with the firm, used information from customer stock orders within ITG's dark pool, as well as information from ITG clients that used the firm's algorithms to execute trades on other trading platforms, that should not have been available.

Boeing may move work abroad with Ex-Im future uncertain: chairman
Wed, 29 Jul 2015 16:25:05 -0400
Boeing CEO McNerney waits to be introduced to speak, in front of a Boeing 787 Dreamliner under construction in EverettBy Andrea Shalal WASHINGTON (Reuters) - Boeing Co Chairman Jim McNerney on Wednesday said the aircraft maker was actively considering moving "key pieces" of its operations to other countries given the uncertainty of the future of the Export-Import Bank, whose charter expired on June 30. "We are now forced to think about this differently," McNerney told hundreds of executives during an interview hosted by the Economic Club of Washington, noting that Boeing is looking at countries that offer export credits. Boeing officials had no further details about which business operations could be affected or when the company had launched its review.

Merchants seek to void $6 billion Visa, MasterCard, AmEx settlements
Wed, 29 Jul 2015 17:33:22 -0400
MasterCard and VISA credit cards are seen in this illustrative photograph taken in Hong KongBy Jonathan Stempel NEW YORK (Reuters) - Dozens of retailers are seeking to void nearly $6 billion of U.S. antitrust settlements with Visa Inc , MasterCard Inc and American Express Co after learning that opposing lawyers exchanged confidential information, potentially tainting the accords. A group of retailers filed papers that remain under seal in the Brooklyn, New York federal court to scuttle their $5.7 billion accord with Visa and MasterCard, which won court approval in 2013, the retailers' lawyer Owen Glist said in an email. Similar papers were made public in the American Express case on Wednesday in the same court, where retailers opposing the $79 million accord include Wal-Mart Stores Inc , Target Corp and Home Depot Inc among others.

House Speaker Boehner supports ending U.S. oil export ban
Wed, 29 Jul 2015 19:33:19 -0400
U.S. House Speaker John Boehner (R-OH) gestures during his weekly news conference in WashingtonU.S. House of Representatives Speaker John Boehner on Wednesday expressed for the first time his support for repealing the 40-year-old ban on domestic crude oil exports, a move that could breathe new life into a bill in his chamber. "Until recently our nation's energy policy was rooted in a scarcity mindset that went back to the 1970s," Boehner, a Republican, told reporters. Repealing the U.S. ban would create 1 million jobs, help bring down gasoline prices for consumers and be good for allies, Boehner said.

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