Result Page 1210 for Latest Business News & Archive

Hyundai Motor Launches Genesis Luxury Brand To Tackle Earnings Slide

The move comes days after the South Korean carmaker reported its lowest quarterly earnings in over five years.

Volkswagen Emissions Scandal: New CO2 'Irregularities' Discovery Could Cost $2.2B

The carmaker says 800,000 cars could be affected in the latest issue involving "irregularities" in carbon dioxide emissions data, and cost the company $2.2 billion.

Japan Post Companies Climb On Debut After Record-Breaking IPO

The three-company IPO was the world's biggest this year, and Japan's biggest in two decades. The companies' stocks rose between 15 percent and 56 percent on their first trading day.

US Energy, Tech Stocks Up; Nasdaq 100 Sets Record

The three major U.S. indexes continued a positive start for November, after posting their best monthly performances in four years in October.

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Tesla Motors Inc Names Former Google Exec Jason Wheeler As New CFO

The California maker of electric cars, which reported quarterly earnings Tuesday, also named a new vice president of sales and service.

Tesla Motors Inc (TSLA) 3Q 2015 Earnings: Tesla Shares Spiked After Model X Maker Reported Record Quarterly Vehicle Production

The California maker of electric cars said in its latest earnings report that it would sell fewer vehicles this year. Don’t believe it.

Will Obama Reject TransCanada's Keystone XL Pipeline Request To Suspend Permit Application? Here's Why It Matters

TransCanada's request to suspend its Keystone XL application was interpreted by many as an admission that the company expected a rejection from President Barack Obama.

Rupert Murdoch's REA Group to Buy Malaysian iProperty Group For $414M

The $414 million acquisition of an online real estate classified advertising company provides the media magnate with an expanded presence in Southeast Asia.

Dow Jones Industrial Average Up Following Monday’s Rally; US Manufacturing Orders Dip

Traders are focused on U.S. corporate earnings as they enter the month that traditionally marks the end of a bearish season.

US To Fine Takata $70M Over Faulty Airbags, Could Face Additional Penalties

Takata, a Japanese supplier to automakers, could pay $70 million or more for airbag problems that have resulted in recalls of millions of vehicles.

NFL London Series: Twickenham Stadium To Host At Least 1 Game Per Season

The rugby stadium is now one of three London-area venues that will host NFL games by the end of the decade.

Marijuana Legalization 2015: Ohio Weed Vote Represents A Shift Toward Big Business

The Buckeye State's Tuesday vote on a plan that would legalize marijuana could signal a big change in how the marijuana industry operates across the U.S.

Drake-Meek Mill Feud: DJ Drama Leaked Drake’s Reference Tracks To Nicki Minaj’s Boyfriend, Claims Ex-Wife

The feud between Drake and Mill erupted after Nicki Minaj’s boyfriend accused the Canadian rapper of using a “ghostwriter” for his songs.

Asian And European Stocks Mixed; US Stock Futures Down

European and Asian stock markets were mixed while U.S. stock futures traded down pointing to a weak opening after a strong performance Monday.

Xi Jinping Embraces China's New Normal: A 6.5% Annual Growth Target Through 2020

Chinese President Xi Jinping said Tuesday that the country's annual economic growth rate over the next five years will not be less than 6.5 percent.

UBS Postpones Profitability Target, Says Q3 Profit Beats Expectations On One-Time Tax Gain

Switzerland’s largest bank pushed its profitability target by two years, as stricter regulations back home and ongoing lawsuits hampered growth.

Standard Chartered To Cut 15,000 Jobs, Raise $5B As Shares Slide

Standard Chartered is set for a massive shake-up as new CEO Bill Winters takes hard measures to revive the lender's fortunes.

Turkey Election Victory Gives Erdogan A Chance For Economic Reform, But Fears Linger

While markets welcomed Turkey's election outcome Sunday, investors await substantive economic reforms in a country hobbled by slow growth and high inflation.

Chipotle E. Coli Outbreak: Washington Woman Files Lawsuit Against Restaurant Chain As More People Are Tested For Infection

The company closed 43 of its restaurants in the Pacific Northwest after an outbreak of E. coli bacteria made over 20 people ill.

Tesla Expected To Widen Loss But Investors Focused On Unit Sales

Tesla, which is expected to widen its quarterly losses, began selling its Model X the same month Consumer Reports withdrew its recommendation for the flagship Model S.

S&P May Cut Credit Ratings Of 8 Large US Banks, Including JPMorgan And Bank of America

Standard & Poor’s said Monday that the banks may be in for a downgrade if it assesses the prospects of any future government support to be "uncertain."

AIG To Axe Senior Executives In Bid To Deflect Pressure From Carl Icahn, Q3 Profits Slide

The insurer is scrambling to shore up shareholder sentiment after billionaire investor Carl Icahn accused the management of lagging behind its peers.

Volkswagen Emissions Scandal: Company Denies More Vehicles, Including Porsche, Have Cheating Software

The U.S. Environmental Protection Agency said Monday that certain Audi, Porsche and Volkswagen models with 3.0 liter engines were also rigged to pass pollution tests.

'World Of Warcraft' Maker Activision Blizzard To Buy 'Candy Crush' Developer King Digital For $5.9B

The $5.9 billion acquisition could help Activision Blizzard -- developer of games like “World of Warcraft” -- become the new leader in mobile gaming.

Over 40% Of China's Online Sales Counterfeit Or Shoddy: Report

Just under 59 percent of items sold online last year were considered "genuine or of good quality," a report to lawmakers said.

Asia Shares Aim To Break Losing Streak

A holiday in Japan kept currencies tethered within recent tight ranges.

Amazon To Open First Brick-And-Mortar Store In Seattle On Tuesday

The online giant's first brick-and-mortar retail location was to open in the University Village mall.

South China Sea: US To Conduct Two Patrols Every Quarter To Press 'Freedom Of Navigation'

The statement comes a week after the USS Lassen challenged China's claim to the area for the first time since 2012.

TransCanada Requests Suspension For Keystone XL Pipeline Permit Application: Report

TransCanada wants to suspend its U.S. application for the Keystone XL project, which was facing a possible rejection, but might reapply after the 2016 election.

Valeant Seeks To Reassure Doctors Over Pharmacy Ties

In a letter Monday, the company's CEO said Valeant would pay for the cost of its products through Nov. 8 and make sure most patients could fill prescriptions.

Airbnb Protesters Occupy San Francisco Headquarters With Brass Band, Megaphones

The demonstration comes one day before the city's voters are set to consider Proposition F, which would limit the nights homeowners can rent their residences.