China's yuan joins top 5 most-used global currencies
Associated Press | January 28, 2015 5:06 amChina's yuan has become one of the five most widely used currencies in global payments, an international financial transactions agency announced Wednesday.
CommScope buying some of TE Connectivity ops for about $3B
Associated Press | January 28, 2015 5:01 amCommScope is buying TE Connectivity's telecom, enterprise and wireless businesses for about $3 billion, which will help diversify its operations and broaden its geographic reach.
Anthem raises dividend almost 43 pct, tops 4Q forecasts
Associated Press | January 28, 2015 4:42 amAnthem is hiking the quarterly dividend it pays shareholders nearly 43 percent after reporting fourth-quarter results that topped Wall Street expectations.
Russian govt details spending cuts in view of crisis
Associated Press | January 28, 2015 4:06 amThe Russian government, facing its worst economic crisis in a decade, on Wednesday detailed how it intends to cut spending over the next three years in all parts of the economy except military and social programs.
Electrolux swings to profit despite sagging income in US
Associated Press | January 28, 2015 3:24 amHome appliance maker Electrolux swung to a profit in the fourth quarter, citing cost cuts and rising sales.
H&M posts rise in quarterly profit, plans 400 new stores
Associated Press | January 28, 2015 3:24 amSwedish fashion retailer Hennes & Mauritz says its earnings rose by 12 percent in the fourth quarter, boosted by expansion in the United States and China.
German consumer confidence at 13-year high
Associated Press | January 28, 2015 2:06 amGerman consumer confidence is at a 13-year high, buoyed by a rise in disposable income due to collapsing fuel and heating oil costs.
Nintendo's nine-month profit jumps on cheap yen
Associated Press | January 28, 2015 1:48 amNintendo reported a nearly six-fold increase in profit for the first three quarters of the fiscal year Wednesday and raised its earnings forecast as a cheap yen masked weak sales.
Cuomo, de Blasio, defend strict NYC storm regulations
Associated Press | January 28, 2015 12:54 amThey appeared to be scenes from a frozen apocalypse.
Yahoo CEO heeds shareholders' call to spin off Alibaba stake
Associated Press | January 27, 2015 5:55 pmYahoo CEO Marissa Mayer is spinning off the company's $39 billion stake in China's Alibaba Group Holding in a move that wards off a potential shareholder rebellion.
American Airlines 4th-qtr profit gets lift from cheap fuel
Associated Press | January 27, 2015 5:55 pmAmerican Airlines is logging record profits and rewarding shareholders just one year removed from bankruptcy court and a big merger.
Thieves smash stolen SUV into San Francisco museum for gold
Associated Press | January 27, 2015 5:00 pmThieves rammed a stolen SUV into a downtown San Francisco museum early Tuesday and swiped historic gold nuggets in the latest smash-and-grab theft in the area in recent months.
Amgen tops Street 4Q forecasts
Associated Press | January 27, 2015 4:42 pmbig enough that last year it announced major job reductions and other cost cuts to free up money for the launches.
Wisconsin governor proposes plan to help fund Bucks arena
Associated Press | January 27, 2015 4:24 pmGov. Scott Walker proposed a plan Tuesday that calls for Wisconsin to help build a new basketball arena for the Milwaukee Bucks with $220 million in bonds that would be funded by projected growth in income taxes from NBA players.
Associated Press | January 27, 2015 4:06 pmApple had another blowout quarter thanks to its new plus-sized iPhones, which helped the company smash sales records for the holiday season.
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