Business Top News


BERLIN (Reuters) - A German news magazine reported on Sunday that Chancellor...
Rising tensions between Russia and the West over Ukraine have been largely...
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Business

Experts say wearable technology is the next big thing, but now the people have spoken. And the people don’t want smartwatches — they want a cooler that will make margaritas and charge their phones while blasting...
By Simon Jessop and Nishant Kumar LONDON (Reuters) - Warren Buffett built a fortune of nearly $60 billion from astute stock picking, but when the 83-year-old dies, the vast majority of the money he leaves his wife will...
French Prime Minister Manuel Valls reiterated on Sunday calls for the European Central Bank to go "further" in tackling the problem of an overvalued euro. Speaking at a Socialist party gathering in La...
By Silke Koltrowitz BIEL (Switzerland) (Reuters) - Swatch Group is happy to go it alone with a launch next year of watches with "smart" features to compete with so-called wearable gadgets from the big tech...

Companies/Leaders

A water-cannon salute awaits the final Boeing 747 flight of flag carrier Philippine Airlines once it arrives at the Ninoy Aquino International Airport Terminal 2 on Monday....
The markets managed to finally hurdle the psychologically significant 2,000 mark in the S&P 500 Index this week. The broad large-cap index remained largely flat, however, after Monday’s strong leap forward. As a...
Apple (NASDAQ: AAPL ) dominated the headlines this week as rumors, leaks and other tidbits escalated ahead of the company's next big event....
Tesla shares hit a new all-time high Friday after the company announced plans to build 400 charging points in China....

Earnings

By Leila Abboud, Pamela Barbaglia and Stephen Jewkes PARIS/LONDON/MILAN (Reuters) - Telecom Italia has lost a promising path to earnings growth by failing to secure Brazilian broadband business GVT and may now turn from...
Malaysian conglomerate Sime Darby said Friday its net profit fell nine percent year-on-year in the fourth quarter as a setback in its industrial division offset gains in its key plantation business. The world's...
National Bank of Kenya posted a 32 percent rise in first-half pretax profit to 1.25 billion shillings ($14.14 million), helped by a rise in net interest income. Banks in east Africa's biggest economy have raked in...
Todd Gordon of Tradinganalysis.com said the stock could lose another 12 percent of its value in the coming months. “Abercrombie is interesting,” he noted. “The stock has spent the last year recovering from that 20...

Economy

A flood of recent lawsuits and government enforcement actions accuse employers across the country of violating laws regulating employee pay....
In a trial set to open on Tuesday, nothing short of this city’s future is at stake, with a judge to decide whether to approve a blueprint to eliminate more than $7 billion of its estimated $18 billion in debts....
SAN JOSE, Calif. (AP) — Police in Northern California say San Francisco 49er Ray McDonald has been arrested on domestic violence charges....
The number of temps has reached a new high, and many are working in more dangerous situations than full-time workers....

Finance

Malacañang expressed its delight over a $508-million (P22.4-billion) loan and financial package from the World Bank that will be used for infrastructure and livelihood assistance for about two million farmers and...
Beaten-down U.S. coal company stocks may receive a lift in coming weeks if deteriorating relations between Russia and the West push President Vladimir Putin to shut off Europe's natural gas supply....
Bankers in Abra and Ilocos Sur provinces in northern Luzon are growing worried over the alleged proliferation of fake peso bills....
NEW YORK - US stocks closed out a strong month on a quiet note on Friday, with the S&P 500 posting a modest gain to close at a new record as the latest positive data helped extend a rally that had been briefly...

Marketplace

California in 1996 became the first state to legalize pot for medicinal reasons, but it has yet to approve it for the overall adult population, or so-called 'adult-use.' Despite that, it has the largest pot market in...
Today: Tesla Motors signs a deal to build more than 400 new charging stations in China, and the company's stock makes another record-breaking drive. Also: Apple hits more new records despite reports that wearable...
Today: Apple confirms its Sept. 9 event and again hits record stock highs, and signs point to a new iPhone and some sort of wearable device. Also: Splunk and Omnivision earnings....
An online marketplace that celebrates and sells creations by homeless and disabled artists has turned to Kickstarter for help expanding its do-good reach.>...

Personal Finance

Source: Thinkstock The housing recovery is still on the path to sustainability. After a decline in June, pending home sales in the United States rebounded in July to reach their best level in nearly a year. The Pending...
Making a budget generally the easiest part of getting (and keeping) your finances on track. It’s sticking to the budget you created that can be tricky. Remember: the whole point of setting up a budget in the first...
Source: Thinkstock In spite of all of the data indicating consumers receiving public assistance spend significantly less money on food, clothing, housing, transportation, entertainment, and healthcare than those who are...
Source: Thinkstock We spend a great deal of time at work. According to the  Bureau of Labor Statistics’  time use surveys, we spend an average of 7.6 hours working each and every work day. After a short period...

Stock Markets

(Reuters) - Virgin Money [NRTRK.UL], the British financial services company partly owned by Sir Richard Branson, is in talks over a possible 2 billion pound stock market listing as early as next month, Sky News reported...
By Simon Jessop and Nishant Kumar LONDON (Reuters) - Warren Buffett built a fortune of nearly $60 billion from astute stock picking, but when the 83-year-old dies, the vast majority of the money he leaves his wife will...
Chinese e-commerce company Alibaba Group Holding Ltd is planning to launch its New York stock market debut in the week of Sept. 8, a person briefed on the matter told Reuters on Saturday. The much-anticipated sale or...
Veteran filmmaker Martin Scorsese will be tapping into rock history with his next project, a movie on punk rockers the Ramones, his spokeswoman said on Friday. Scorsese, 71, who won a best director Oscar in 2007 for...