Private sector sheds 23,000 jobs in March
U.S. private employers unexpectedly shed jobs in March, dampening hopes about the strength of the recovery two days before the government employment report.
Wall Street flat on data, but energy helps
U.S. stocks kept close to the break-even point on Wednesday after weak reports on the labor market and regional manufacturing were offset by strength in the energy sector.
Industry bodies press EU to act on iron ore prices
European industry bodies urged European Union regulators on Wednesday to prevent unfair competition and excessive pricing of iron ore, saying it could hamper economic recovery in Europe.
Corrected: Wall Street flat on data, but energy helps
(Corrects paragraph 17 to read February factory orders)
USD/JPY Approaching 2010 Highs
The yen continues to weaken against its major counterparts, nearing its lowest levels against the US dollar in 2010. The 2010-high for the USD/JPY was made on January 8, when the pair reached 93.76. In trading today, the pair reached a high of 93.63, but has since fallen to the 93.40 level.
CERN tackles glitches, pushes new science frontier
Physicists at CERN, buoyed by their ground-breaking success in creating mini-Big Bangs, giving them a glimpse of the dawn of time, have set their sights on pushing closer to the very birth of the universe.
Wall St down as data disappoint
U.S. stocks fell on Wednesday as weaker jobs and regional manufacturing data dented hopes of improvements in the economy, and a rating downgrade of five Greek banks heightened worries about the euro zone economies.
Corrected: Wall St down as data disappoint
U.S. stocks fell on Wednesday as weaker jobs and regional manufacturing data dented hopes of improvements in the economy, and a rating downgrade of five Greek banks heightened worries about the euro zone economies.
EMI needs fresh cash as licensing talks collapse
Struggling music major EMI has failed to clinch a licensing deal for its North American rights, sources said, making a covenant breach inevitable and pushing its owner Terra Firma back to investors for more cash.
Irish banks look beyond bad bank, recession
Bank of Ireland will raise from private sources much of the 2.7 billion euros ($3.6 billion) it needs, potentially becoming the only member of Ireland's bad bank scheme to escape a fresh bailout.
Talks over EMI's U.S. licensing deal off: sources
Talks to license the North American rights for Terra Firma's EMI Music unit to either Universal Music Group or Sony have ended without agreement, sources told Reuters on Wednesday.
Ford, Microsoft align to recharge cars
Ford Motor Co and Microsoft Corp on Wednesday announced an online application designed to help owners of Ford plug-in electric vehicles manage home electricity use while the vehicles recharge.
Corrected: Rite Aid forecast worse than expected; shares down
Boeing to take charge for healthcare reform
Boeing Co on Wednesday said it would take an income tax charge of about $150 million, or 20 cents per share, against first-quarter results due to recently enacted U.S. healthcare reform.
Dow and S&P cut losses; Nasdaq turns positive
The Dow and the S&P 500 cut losses on Wednesday, led by gains in the energy sector, and the Nasdaq briefly turned positive.
Truck maker Oshkosh wins dismissal of fraud suit
Oshkosh Corp won dismissal of an investor class-action lawsuit alleging the maker of heavy trucks inflated its stock price by failing to write down a troubled Dutch acquisition fast enough.
Wall St cuts losses after factory orders
Wall Street briefly cut losses on Wednesday after government data showed new orders received by U.S. factories rose for a sixth straight month in February.
EU clears aid for Anglo Irish, opens in-depth probe
European Union regulators gave Ireland provisional approval on Wednesday to provide an emergency recapitalization worth up to 10.44 billion euros ($14 billion) to Anglo Irish Bank .
Rite Aid loss, forecast worse than expected
Rite Aid Corp posted a worse-than-expected quarterly loss on weak sales from a mild winter cold and flu season, and lower profits on generic drugs and reimbursement rates. It was the drugstore chain's 11th straight quarterly loss.
China uproar over dead babies dumped near river
(Reuters) - Chinese officials have sought to contain public outrage after workers at a hospital dumped 21 dead fetuses and infants' bodies near a river bank.
Doctors to receive bonus to keep diabetics healthy
Doctors to receive bonuses under the Rudd Government's health reform plan
Sell-off after Fed's mortgage program ends? Not to worry
The double-whammy of rising Treasury yields and the end of the Federal Reserve's $1.25 trillion mortgage-buying program could prove to be a buying opportunity for the biggest bond investors.
CERN pushes Big Bang machine to new science frontier
Physicists at CERN, buoyed by their ground-breaking success in creating mini-Big Bangs giving them a glimpse of the dawn of time, began Wednesday to push closer toward the very birth of the universe.
Fannie, Freddie may fill Fed void in mortgage market
Goodbye, Federal Reserve. Hello Fannie and Freddie.
Bank of Ireland looks beyond bad bank
Bank of Ireland will raise from private sources much of the 2.7 billion euros ($3.6 billion) it needs, potentially becoming the only member of Ireland's bad bank scheme to escape a fresh bailout.
Wall St set for lower open after jobs report
Wall Street was poised for a lower open on Wednesday after a report on private-sector employment in March dented hopes of a stronger economic recovery in the United States, and a rating downgrade of Greek banks heightened concerns about the debt-laden country.
More funds needed for obesity crisis prevention
Weight loss companies should now start on a tougher study and analysis on new products that will put a stop on the obesity crisis faced by Australians.
Home loan demand up as purchase activity gains
U.S. mortgage applications rose in the latest week for the first time in three weeks as demand for home purchase loans reached the highest level since October, data from an industry group showed on Wednesday.
Trichet sees markets recognizing courageous Greek moves
European Central Bank President Jean-Claude Trichet said on Wednesday he expected markets to reward Greece for its fiscal consolidation measures.
Slow growing prostate cancer patients opted for active surveillance
Patients with slow-growing patients who chose active surveillance tends to be less anxious and distressed about the disease.