Result Page 1187 for Latest Business News & Archive

Pharma CEO Martin Shkreli Accused Of A 'Securities And Wire Fraud Trifecta Of Lies, Deceit And Greed'

Martin Shkreli was arrested Thursday on securities and wire fraud charges, and later released on a $5 million bond.

Congress Omnibus Spending Bill 2015: US Solar Shares Rise On Key Tax Credit Extensions

A sweeping congressional omnibus spending plan would extend key federal tax credits for the U.S. renewable energy sector.

Martin Shkreli’s Very Strange Year: Pharma CEO Famous For Controversial Drug Price Hike Arrested On Securities Fraud Charges

The pharmaceutical CEO, arrested Thursday on fraud charges, earned public scorn over a massive drug price hike and crude comments about Taylor Swift.

Video: Which Countries May Follow The Fed Hiking Rates?

Hot on the heels of the Federal Reserve, Hong Kong's central bank raised interest rates by a quarter point. Are others likely to follow too, or will many go the other way and ease monetary policy? David Pollard reports.

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The ‘Star Wars’ Box Office Effect: Can ‘The Force Awakens’ Save Hollywood From A Disappointing 2015?

"The Force Awakens" is pretty much a guaranteed smash hit. But will it be enough to save Tinseltown from its disappointing year?

Boeing Strikes $10B Deal With China Southern Airlines, Affiliate For 110 Planes

The announcement comes less than three months after Chinese President Xi Jinping visited Boeing's factory in Washington state.

Turing Pharma CEO Martin Shkreli Arrested For Securities Fraud: Report

Shkreli, 32, was reportedly arrested on charges of securities fraud, stemming from his time as manager of hedge fund MSMB Capital Management and CEO of biopharmaceutical company Retrophin.

Bullets Beyond Recall: Defective Guns Outside US Government's Reach

A string of faulty product allegations against one of the world’s largest gun manufacturers is reigniting tension between consumer safety and America’s affection for unregulated firearms.

US Interest Rate Hike Likely To Add To Downward Pressure On China's Yuan, But Some Analysts Say Falls May Be Less Than Predicted

Some analysts say the relatively "doveish" increase will not hit the Chinese currency too hard, but fears of further capital outflows remain.

AstraZeneca-Acerta Deal: British Drugmaker To Buy 55% Stake In Cancer Firm For $4B

The deal will give AstraZeneca control of 55 percent of Acerta, and access to a new drug to fight blood cancers and auto-immune diseases.

Canadian Pacific Sweetens Offer For Norfolk Southern, Adds Financial Incentive For Shareholders

The new proposal, made just days after Norfolk's board rejected a previous offer, could provide the railroad company's investors an additional payout of as much as $25 a share.

Argentina Lifts Currency Controls, Floats Peso To Boost Growth And Exports

The move by the newly elected government is likely to spark the country’s biggest currency depreciation since its economic meltdown in 2002.

Caesars, Hilton Among Groups Exempt From Proposed Tax Rule On REITs

The Republican-controlled House is expected to vote Thursday on a bill to curb real estate investment trusts, or REITs.

Asian Stocks Rise After Historic Fed Decision

Markets expected the interest-rate increase and gradual further hikes after Federal Reserve officials signaled them in recent weeks.

Fiat Chrysler Buys Emissions Credits From Tesla, Toyota, Honda

The automaker, which lags in fuel efficiency, purchased 5.5 million credits from Toyota and Honda and about 1 million from Tesla.

Which Banks Are Raising Prime Lending Rates?

Consumers will likely see the impact in the interest they pay on auto loans and purchases made with credit cards.

Chipotle Outbreak: Are The Burrito Chain’s Suppliers Too Small To Be Safe?

By sourcing its food from small-scale local growers, the fast-casual restaurant chain may risk customers' health, critics say.

After The Fed's Historic Rate Hike: Yellen Charts A Cautiously Positive Path Ahead

The Fed's decision Wednesday to raise the benchmark interest rate reflects how much the country has healed since the Great Recession.

Dow Jones Industrial Average Rebounds Quickly After Rapid Dip Following US Fed Rate Hike

U.S. markets closed in positive territory Wednesday following the Federal Reserve's rate hike, the first such move in more than nine years.

Fed Rate Hike: What Do Higher Interest Rates Mean For Your Wallet? [VIDEO]

The Federal Reserve is finally raising interest rates. Here's what you need to do now to make the most of the change.

Fed Rate Hike: US Central Bank Tightens Monetary Policy For The First Time In More Than Nine Years

After the U.S. benchmark rate rose Wednesday for the first time in nine years, financial analysts expect further increases in 2016.

General Mills Inc (GIS) Earnings Preview Q2 2016: Can The Company's Healthy Push Pay Off?

Analysts expect the U.S. consumer food giant to report lower revenues on a Thursday earnings call for the second quarter of fiscal year 2016.

Bank Lobby Disappointed That Budget Bill Doesn't Block Investor Protection Rule

Congress' year-end spending deal does not block the Labor Department's fiduciary rule, which is an attempt to protect retirement savers from loss.

Dow Jones Industrial Average Advances Ahead Of Expected US Rate Hike

U.S. stocks rose Wednesday — led by the financial services sector — as investors breathe a sigh of relief that Fed rate speculation will subside.

Valeant Cuts Revenue, Profit Outlook, Gets Third Information Request From US Authorities

The Canadian drugmaker on Wednesday lowered its outlook for revenue and profit guidance for the fourth quarter and the full year over growing scrutiny of its business practices.

Google's Android Pay Gains On Apple Pay In Australia With Bank Tie-Ups

Major banks and consumer companies have tied up with Google, giving it an edge over Apple in the lucrative mobile wallet business.

Your New 'Star Wars' Toy Might Come From Chinese Sweatshop Labor

An independent investigation linked a Mattel-produced "Star Wars" toy to a Chinese factory with poor working conditions.

French Businesses, Reeling From The Impact Of The Paris Attacks, Lag Behind Germany And Eurozone

A survey showed productivity in France's services sector took a hit after the Nov. 13 attacks in Paris.

Japan, South Korea Say Coal Energy Plans Unchanged Despite Paris Climate Deal

Despite last week's Paris climate deal, the two countries are set to add over 60 new coal-based power plants over the next 10 years.

US Fed Rate Hike: Worried Investors In Emerging Markets Prepare For Impending Turmoil

As Wednesday's Fed rate decision looms, investors in emerging economies, which may see large capital outflows in the coming months, are holding their breath.