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ABC Business News
Identity Theft Is Dead! Long Live Identity Theft!
Wed, 10 Feb 2016 13:20:32 -0500
There is still nowhere to run or hide from the scammers and identity thieves.
Why Investors Shouldn’t Let China, Oil Rule Their Decisions
Tue, 09 Feb 2016 16:44:42 -0500
Markets are off to a horrible start but don’t let fear rule your decisions.
Treasury Department Warns Taxpayers About a Fraud Scams
Wed, 10 Feb 2016 11:32:49 -0500
Taxpayers should be on high alert over fraud scam this season.
Main Street Holds up as Wall Street Struggles, for a Change
Sat, 13 Feb 2016 10:58:16 -0500
A strengthening job market, low gasoline prices and rising home values are all helping consumers to spend more, even though stock markets on Wall Street and around the world are sputtering
Business Highlights
Fri, 12 Feb 2016 18:17:58 -0500
Business Highlights
How the Dow Jones Industrial Average Fared on Friday
Fri, 12 Feb 2016 17:10:12 -0500
US stocks snapped a five-day losing streak Friday on higher oil prices and an encouraging retail sales report
US Stocks End a Down Week on an up Note
Fri, 12 Feb 2016 17:04:57 -0500
A rebound in bank shares and energy companies lifts US shares after 5 straight down days
How to Tell If Your Valentine Is Cheating on You Financially
Fri, 12 Feb 2016 17:07:52 -0500
There are some financial questions you need to ask before tying the knot.
Deutsche Bank and Wynn Resorts Rise, Pandora Tumbles
Fri, 12 Feb 2016 16:40:26 -0500
Deutsch Bank, Wynn Resorts and Square trade higher on Wall Street, while Pandora and Activision slump
Grain Mostly Lower, Livestock Mostly Lower
Fri, 12 Feb 2016 15:44:11 -0500
Wheat, corn, and soybeans lower, oats higher on the CBOT; beef lower and pork higher on the CME.
The Jiffy Lube Nightmare: Wrong Engine Installed in SUV
Fri, 12 Feb 2016 15:35:29 -0500
ABC News Fixer will be on “GMA” with car care tips for you.
US Rig Count Drops 30 This Week to 541; Texas Down 14
Fri, 12 Feb 2016 13:36:40 -0500
Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 30 this week to 541
Recalls This Week: Ceiling Lamps, Propane Gas
Fri, 12 Feb 2016 13:30:10 -0500
Recalls this week: ceiling lamps, propane gas, infant booties, snowmobiles
Watch: Malan Breton Talks Fashion Week
Thu, 11 Feb 2016 20:48:42 -0500
ABC News' Charli James goes backstage to chat with the designer before his NY runway show.
Watch: One Wyoming Cowboy Is Working Overtime to Prep His Chocolate Truffles for Valentine's Day
Fri, 12 Feb 2016 10:31:10 -0500
Why this cowboy gave up rodeos for chocolate truffles.
Watch: Burger King Adds Hot Dogs to Menu
Thu, 11 Feb 2016 08:55:32 -0500
The fast-food chain will make the taste of a summer barbecue available year-round by adding two hot dogs to its permanent menu.
Watch: The Food Of the Future Is Here Real Biz with Rebecca Jarvis
Thu, 11 Feb 2016 15:23:47 -0500
Meet the company behind the drink that can replace all of your meals with maximum nutrition. Soylent co-founder and CMO David Renteln joins Rebecca on Real Biz with Rebecca Jarvis.
Photos: Playboy Mansion to List for $200 Million
Thu, 04 Feb 2016 14:02:45 -0500
Current and former homes of the stars.
Photos: Digital Savy Cars From The Tokyo Motor Show
Wed, 28 Oct 2015 15:06:29 -0400
Carmakers drive into the future with the newest technologies.
Photos: Homes For Sale With Fabulous Foyers
Sat, 24 Oct 2015 00:19:16 -0400
Homes that make a grand entrance.
ABC Business News
MSNBC Business News
Making a Toast to Beer Brewed from Leftover Bread
Sat, 13 Feb 2016 14:35:21 GMT
A food waste campaigner teamed up with a craft brewery in London to create a new beer made with leftover bread.
Trucks, SUVs Dominate at Chicago Auto Show
Sat, 13 Feb 2016 10:02:00 GMT
The U.S. auto industry has scored a major turnaround since the depths of the recession, when new vehicle sales slumped to less than 10 million a year.
Valentine's Day Romance That Doesn't Break the Bank
Fri, 12 Feb 2016 21:55:00 GMT
Valentine's Day is just around the corner, and Cupid has his bow pointed right at you— or rather, right at your wallet.According to a recent study by
An All-Star Slam Dunk: 1B 'Likes' for NBA on Social
Fri, 12 Feb 2016 21:52:04 GMT
It's the first professional sports league to surpass 1 billion likes and followers across its social media platforms.
An Internet That's 50,000 Times Faster? Sign Me Up!
Fri, 12 Feb 2016 21:35:00 GMT
The U.S. lags behind even Latvia when it comes to Internet speeds -- and no one is happy when Netflix and chill turns into Netflix and frozen.
Report Says Airbnb Fudged Data To Hide Illegal Hosts
Fri, 12 Feb 2016 19:12:00 GMT
A new report accuses Airbnb of manipulating its user data to disguise the number of illegal hosts using the site.
Out of Valentine's Ideas? Uber Will Cover Your Butt
Fri, 12 Feb 2016 18:07:00 GMT
"Procrastinators, we've got your butt covered."That's what the slogan says on the Naja website — a lingerie brand that has teamed up with Uber to
Kanye's Video Game is About His Mom in Heaven
Fri, 12 Feb 2016 16:19:00 GMT
Self-proclaimed "sonic painter" Kanye West has officially entered the gaming industry, and yesterday released a trailer for his first video game, Only
U.S. Core Retail Sales Rebound Solidly in January
Fri, 12 Feb 2016 15:34:00 GMT
U.S. consumer spending appeared to regain momentum in January as households ramped up purchases of a variety of goods.
Congress Gives Final OK to Trade Bill
Fri, 12 Feb 2016 14:51:00 GMT
A wide-ranging bill that revamps U.S. trade laws won final congressional approval Thursday.
Google Hiring for Its Robot Cars (Hint: Not Drivers)
Fri, 12 Feb 2016 14:36:00 GMT
SAN FRANCISCO- Alphabet Inc's self-driving project is advertising dozens of jobs on its website with a special focus on manufacturing expertise. Thirty-six jobs related to the Google X car project were listed including engineers working on motion control, displays, robotics and sensors as well as managers charged with operations, materials and marketing.
Millennials Drink Almost Half the Wine in the U.S.
Thu, 11 Feb 2016 21:24:00 GMT
Millennials are buying more per person, spending more per bottle, and spurring the wine industry into finding new ways to capture this market share.
No Kids, Please. We're German: Some Hotels Ban Children
Thu, 11 Feb 2016 21:19:00 GMT
In response to travelers who don't want kids in their hotel, 'adult-only' lodging is gaining ground across Europe.
Foreclosure Fallout: 43 Percent of Americans Still Renting
Thu, 11 Feb 2016 20:41:00 GMT
A new report found that the number of renters grew by about five percentage points between 2006 and 2014, to just over 43 percent.
Morgan Stanley Reaches $3.2B Mortgage Settlement
Thu, 11 Feb 2016 16:29:00 GMT
Morgan Stanley will pay $3.2 billion to settle claims related to its handling of residential mortgage-backed securities in the lead-up to the financial crisis.
One in 10 Americans Dating Online is a Baby Boomer
Thu, 11 Feb 2016 15:02:00 GMT
From Katy Perry to Martin Shkreli, Tinseltown to Topeka, online dating is the new norm for singles across America. But a new study reveals a surprisin
Wealth Therapists Help Super Rich Deal With Money Guilt
Thu, 11 Feb 2016 14:37:00 GMT
As the income gap widens, "wealth therapists" help the 1% work through their particular emotional dilemma.
Pre-Orders for the Tesla Model 3 Begin March 31
Thu, 11 Feb 2016 14:35:00 GMT
Tesla's entry-level $35,000 Model 3 electric car will be available for preorder on March 31, chief executive Elon Musk announced Thursday on Twitter.
Wall Street Woes: Dow Closes Down 254 As Oil Drops
Thu, 11 Feb 2016 14:34:00 GMT
U.S. equities kicked off Thursday sharply lower as investors digested a massive global sell-off, while oil prices fell further.
Why Are More Americans Dying on the Highway?
Thu, 11 Feb 2016 13:59:00 GMT
The cars being built today are safer than ever, not only better able to withstand a crash but designed to avoid accidents in the first place. Roadways
MSNBC Business News
BBC Business News
Oil prices soar on hopes of output cut
Fri, 12 Feb 2016 20:21:27 GMT
Oil prices surged as much as 12% on Friday after fresh suggestions that Opec nations were set to cut oil production.
Superdry share sale to fund divorce
Fri, 12 Feb 2016 17:46:44 GMT
The founder of Superdry, Julian Dunkerton, sells just under £50m worth of shares to fund his divorce.
Rolls-Royce shares climb 14% on results
Fri, 12 Feb 2016 16:42:50 GMT
Shares in aero engine giant Rolls-Royce climbed 14% on Friday despite a 50% dividend cut and profits at the lower end of forecasts.
First-time buyers' '£50,000 rent bill'
Fri, 12 Feb 2016 11:45:32 GMT
First-time buyers in England who purchase a house this year will already have spent an average of £52,900 on rent, research for a landlords' trade body suggests.
Deutsche Bank announces bond buyback
Fri, 12 Feb 2016 15:17:20 GMT
Deutsche Bank announces that it is to buy back more than $5bn (£3.5bn) of its own debt.
Independent to cease as print edition
Fri, 12 Feb 2016 18:01:28 GMT
The Independent and Independent on Sunday newspapers are to cease print editions in March, leaving an online-only edition, their owner says.
RBS boss supports EU membership
Fri, 12 Feb 2016 15:10:37 GMT
The chief executive of Royal Bank of Scotland tells BBC Newsnight he believes the UK financial sector would be better off inside the European Union.
FTSE rebounds as Rolls-Royce surges
Fri, 12 Feb 2016 16:57:21 GMT
London's leading share index closes 3.06% higher, rallying after Thursday's big losses.
Streetmap loses Google court challenge
Fri, 12 Feb 2016 16:48:33 GMT
A website that accused Google of abusing its "dominant position" in the online search market by "driving traffic" to Google Maps has lost its High Court action.
GSK fined for deals with competitors
Fri, 12 Feb 2016 08:42:58 GMT
The pharmaceutical firm GlaxoSmithKline (GSK) and some generic drugs firms have been fined for being anti-competitive.
Firms forced to reveal gender pay gap
Fri, 12 Feb 2016 09:25:33 GMT
Companies that fail to address pay differences between male and female employees will be highlighted in new league tables.
EU probes cheap Chinese steel imports
Fri, 12 Feb 2016 11:25:48 GMT
The European Commission is opening three investigations into steel products made in China as cheap imports add to the woes of the UK steel industry.
Deal or no deal?
Fri, 12 Feb 2016 08:40:08 GMT
When does a "special offer" or "cheap" deal get in the way of a real bargain? You've been sending in your best examples.
Spaniard pulls six-year sickie
Fri, 12 Feb 2016 16:18:47 GMT
A Spanish civil servant is fined after not going to work for at least six years, which was only noticed when he became eligible for a long service award.
VIDEO: Families 'priced out of housing market'
Sat, 13 Feb 2016 09:03:31 GMT
Many younger families in the UK are being priced out of the property market.
VIDEO: Low copper prices cripple Zambian towns
Fri, 12 Feb 2016 16:45:34 GMT
How life is getting harder in Zambia's copper mining towns.
VIDEO: Marching ahead with mining technology
Fri, 12 Feb 2016 16:43:25 GMT
The latest technology is finding uses in some of the world's biggest mines.
VIDEO: What's the point of an expensive MBA?
Fri, 12 Feb 2016 12:54:54 GMT
Bill Gates, Steve Jobs and Mark Zuckerberg all made fortunes despite being college dropouts. So why bother with the time and cost of a business degree if you can make it without one?
VIDEO: India's big top in big trouble
Fri, 12 Feb 2016 11:53:55 GMT
The BBC's Sameer Hashmi finds out why India's circuses are struggling.
VIDEO: Cyber crime: Can technology keep up?
Fri, 12 Feb 2016 11:52:34 GMT
Colm O'Regan looks at the race to design technology with security in mind.
BBC Business News
Yahoo Business News
Dijsselbloem rejects calls for looser banking rules
Sat, 13 Feb 2016 09:01:25 -0500
Eurogroup President Dijsselbloem arrives for a European Union finance ministers meeting in BrusselsEurogroup chairman Jeroen Dijsselbloem rejected calls for banking union regulations to be loosened after weeks of falling bank shares, saying new European bail-in rules had caused investors to look "more critically" at risks born by banks. Speaking on Dutch radio on Saturday, Dijsselbloem, who is also the Dutch finance minister, said stricter rules imposed in the wake of the 2007 financial crisis that would restore confidence in banks. The Stoxx Eurozone Banks Index has fallen more than 25 percent since the beginning of the year, prompting policymakers including Bank of Italy governor Ignazio Visco to call for a more gradual introduction of rules that place the burden of propping up failing banks on investors.

Late-day buying could be start of turnaround
Fri, 12 Feb 2016 20:31:47 -0500
A specialist trader works at his post on the floor of the NYSEThe S&P 500 is down about 13 percent from its record high in May, as oil remains mired below $30 a barrel, while concerns about stability among banks and uncertainty about the U.S. Federal Reserve's path of rate hikes have pushed investors away from risk assets. Jack Ablin, chief investment officer at BMO Private Bank in Chicago, views that as a positive sign. "My suspicion is that you are seeing institutions nibble at extremely compressed valuations," said Peter Kenny, equity market strategist at Kenny & Co LLC in Denver.

Apple to launch new iPhone, iPad in March: 9to5mac
Fri, 12 Feb 2016 20:10:54 -0500
An Apple logo is seen at the Apple store in Munich(Reuters) - Apple Inc is on target to introduce its next iPhone and iPad models on March 15, and aims to start selling the devices in the same week, technology blog 9to5Mac reported, citing sources. Apple, which will introduce a new 4-inch iPhone, dubbed the "iPhone 5se", and a new iPad Air at a launch event, is unlikely to take pre-orders for the new devices, the blog reported. The technology giant has hit a trough in iPhone demand.

China Lunar New Year holiday retail sales up 11.2 percent year-on-year
Sat, 13 Feb 2016 07:14:48 -0500
People burn incense to worship the God of Fortune at Guiyuan Temple on the fifth day of Chinese Lunar New Year in WuhanBEIJING (Reuters) - China's retail sales grew 11.2 percent during the week-long Lunar New Year vacation compared with the same holiday period last year, Ministry of Commerce data showed on Saturday.

Tougher lending standards pose risk to outlook for Fed
Fri, 12 Feb 2016 16:01:38 -0500
Snow rests on the eagle statue atop the U.S. Federal Reserve in WashingtonA recent tightening of credit for U.S. companies is threatening to undermine economic growth, making it less likely the Federal Reserve will raise interest rates anytime soon. Fed Chair Janet Yellen said this week it was still too soon for the central bank to change its view that rate hikes are needed, a position supported by a still-robust pace of hiring that is helping consumers borrow more readily. "Financial conditions are tightening the Fed's belt," Deutsche Bank, which expects one rate increase this year, said in a note to clients on Friday.

Greek PM says differences between lenders delaying bailout review: paper
Sat, 13 Feb 2016 13:10:16 -0500
Greek Prime Minister Tsipras gestures during the session 'The Future of Europe' at the annual meeting of the World Economic Forum (WEF) in DavosGreek Prime Minister Alexis Tsipras said on Saturday that differences between the country's international lenders over its pension reform plans are delaying the first review of its latest financial bailout. The government has faced widespread protests over its reform plans however, as austerity-weary Greeks push back against yet more cuts to the country's welfare system. "There are differences among the lenders on Greece's pension reform that are delaying the whole process," Tsipras said without elaborating, in an interview in the newspaper "Sunday's Avgi" released on Saturday.

U.S., UK likely to charge multiple banks in Libor rigging: WSJ
Fri, 12 Feb 2016 14:18:14 -0500
The Canary Wharf financial district is seen in east LondonAmerican and British regulators are likely to charge several banks with rigging interest rates, including Citigroup, the third-largest U.S. bank, and London-based HSBC Holdings, the Wall Street Journal reported on Friday. The U.S. Commodity Futures Trading Commission and the U.K. Financial Conduct Authority were preparing a final round of civil charges against the banks for rate manipulation in the Libor scandal, the newspaper reported, citing people close to the investigation. The Journal said the CFTC was still investigating J.P. Morgan Chase, the largest American bank by assets, but that may not lead to charges.

Loeb says Third Point raised short bets to avoid losses
Fri, 12 Feb 2016 19:48:54 -0500
Loeb, founder of Third Point LLC, participates in a panel discussion during the Skybridge Alternatives Conference in Las VegasBillionaire investor Daniel Loeb has told clients his firm has taken more defensive bets in the face of tumbling markets by dramatically increasing its short positions, which helped Third Point avoid "calamitous" losses last year. The fund manager also said the firm cut stakes in companies that were exposed to China and commodity prices, which have fallen sharply. Loeb, whose $17.5 billion hedge fund has delivered an average return of 16.2 percent a year over the last two decades, did not mince words in his assessment of tumbling markets.

Exclusive: Boeing nears decision to self-fund more F/A-18 fighters
Fri, 12 Feb 2016 17:48:30 -0500
A F/A-18E comes in to land onboard USS George H.W. Bush in the GulfBoeing Co is nearing a decision to invest "a significant amount" to keep a F/A-18E/F fighter jet production line in St. Louis running as it waits for the U.S. government to approve a delayed order by Kuwait for 28 jets, a senior executive said. Dan Gillian, who runs Boeing's F/A-18E/F and EA-18G electronic attack jet programs, told Reuters the company would decide in coming weeks whether to buy titanium and other materials needed to start work on the jets, even before the Kuwait deal and potential U.S. Navy orders are finalized. Delays in orders for the jets mean Boeing must decide whether to invest hundreds of millions of dollars into the F/A-18 program, even as its commercial division faces job cuts and a federal investigation into whether it properly accounted for two jetliners, the 747 and 787.

Google says will not participate in 2016 U.S. airwaves auction
Fri, 12 Feb 2016 15:46:01 -0500
Letters spell the word "Alphabet" as they are seen on a computer screen with a Google search page in this photo illustration taken in ParisNEW YORK/SAN FRANCISCO (Reuters) - Alphabet Inc's Google will not participate in the U.S. Federal Communications Commission's upcoming auction of broadcast airwaves that can help the wireless industry improve coverage, a spokeswoman told Reuters on Friday. Some industry watchers had expected Internet search giant Google to be a dark horse participant in the auction. Google last participated in a 2008 FCC auction but did not buy any airwaves.

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