Thu, 23-May-2013 23:00 - Reuters Business
SALT LAKE City (Reuters) - After dozens of meetings with executives and regulators, 100,000 hours of employee training and an immeasurable amount of public grief, Goldman Sachs Group Inc CEO Lloyd Blankfein claimed success in putting his bank and his legacy back on track.
Thu, 23-May-2013 23:00 - Reuters Business
NEW YORK (Reuters) - Stocks mostly edged lower on Thursday but were sharply off their session lows as a rally in Hewlett-Packard's shares offset worries about weak Chinese manufacturing data and the prospects of the Federal Reserve reducing its monetary stimulus.
Thu, 23-May-2013 23:00 - Reuters Business
DETROIT (Reuters) - Chrysler Group LLC and Tesla Motors Inc , both led by media-savvy executives, are trading public jabs over the definition of payback.
Thu, 23-May-2013 23:00 - Reuters Business
WASHINGTON (Reuters) - The Pentagon's annual report to Congress shows a decline of $4.5 billion or just over 1 percent in the projected development and acquisition cost of the Lockheed Martin Corp F-35 fighter jet program, sources familiar with the data said.
Thu, 23-May-2013 22:30 - Reuters Business
(Reuters) - JPMorgan Chase said it has appointed Barry Sommers, under whom the bank expanded its services to wealthy clients, to head its Chase consumer bank business.
Thu, 23-May-2013 22:30 - Reuters Business
NEW YORK (Reuters) - U.S. prosecutors are seeking testimony from three senior executives of the $15 billion hedge fund SAC Capital Advisors, the Wall Street Journal reported on Thursday.
Thu, 23-May-2013 22:00 - Reuters Business
DUBLIN (Reuters) - Elan rejected Royalty Pharma's increased $6.4 billion bid on Thursday, shortly after the U.S. firm cut the acceptance bar for its latest offer to 50 percent plus one share.
Thu, 23-May-2013 22:00 - Reuters Business
(Reuters) - Ally Financial Inc agreed on Thursday to pay $2.1 billion to settle legal claims tied to its bankrupt Residential Capital LLC unit, nearly triple the amount it initially offered to creditors of the subprime mortgage business.
Thu, 23-May-2013 22:00 - Reuters Business
BRUSSELS (Reuters) - The European Commission rejected Chinese trade association statements that talks to resolve a dispute over allegations of dumping of solar panels had broken down, while Chinese comments highlighted risks the dispute could escalate.
Thu, 23-May-2013 21:30 - Reuters Business
UNITED NATIONS (Reuters) - Swiss-based commodities giant Glencore Xstrata said on Thursday that it had done nothing wrong when it engaged in metal swaps with Iran, rejecting a suggestion by U.N. experts that such bartering could have been a way of evading sanctions against Tehran over its nuclear program.
Thu, 23-May-2013 21:30 - Reuters Business
SAN FRANCISCO (Reuters) - Ride-sharing service Lyft said it had raised $60 million from venture-capital firm Andreessen Horowitz, underscoring the growing appeal of services that tap into consumers' willingness to share goods and services for a fee.
Thu, 23-May-2013 21:30 - Reuters Business
NEW YORK (Reuters) - Stocks slipped on Thursday, recovering from session lows as encouraging domestic economic data and a rally in Hewlett-Packard's shares offset concerns about the timing of any reduction in the Federal Reserve's monetary stimulus.
Thu, 23-May-2013 21:00 - Reuters Business
LONDON/NEW YORK (Reuters) - Chinese factory activity declined in May for the first time in seven months and U.S. manufacturing grew at its slowest pace since October, suggesting it may take a while before the global economy starts to pick up steam.
Thu, 23-May-2013 21:00 - Reuters Business
(Reuters) - A group of U.S. retailers including Macy's Inc and Target Corp sued Visa Inc and MasterCard Inc on Thursday, breaking off from a proposed $7.2 billion settlement reached last year over fees to process credit card transactions.
Thu, 23-May-2013 21:00 - Reuters Business
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, pointing to resilience in the labor market despite belt-tightening by Washington.
Thu, 23-May-2013 20:59 - EuroNews Business
Nissan has issued a recall for more than 840,000 vehicles worldwide. They are the Micra, which is known as the March in some markets, and their Cube…
Thu, 23-May-2013 20:59 - CNN World Business
The Gateway visits one of the biggest shipyards in Europe -- the Daewoo shipyard in the satellite port of Mangalia.
Thu, 23-May-2013 20:30 - Reuters Business
(Reuters) - Forest Laboratories Inc said Howard Solomon, its chief executive of more than 35 years, will retire at the end of this year, capping a tenure that saw the company morph from a small generic and vitamins maker to a $10 billion corporation.
Thu, 23-May-2013 20:30 - Reuters Business
DETROIT (Reuters) - Tom LaSorda, the former chief executive of Chrysler Group LLC and Fisker Automotive, is launching a venture capital fund with racing magnate Roger Penske to invest in technology startups.
Thu, 23-May-2013 20:30 - Reuters Business
NEW YORK (Reuters) - Stocks pared their losses on Thursday, with the Dow turning positive on strength in Hewlett-Packard Co and Boeing Co
Thu, 23-May-2013 20:30 - Reuters Business
DETROIT (Reuters) - Auto sales in May are expected to rise 6 percent to 8 percent and the annual sales pace should rebound back above 15 million vehicles after a disappointing result in the prior month, two research reports said on Thursday.
Thu, 23-May-2013 20:29 - EuroNews Business
The eurozone's downturn has eased slightly, but businesses continue to suffer from a chronic lack of new orders, which should inhibit any meaningful…
Thu, 23-May-2013 20:29 - CNN World Business
"For the workers at Ford and their families absorbing this difficult news today, we will make sure that you are not left behind."
Thu, 23-May-2013 20:29 - CNN World Business
St Louis boat builder creates pirate ships, sells to History Channel for $80,000 on Craigslist.
Thu, 23-May-2013 20:29 - CNN World Business
After a series of high-profile and embarrassing hacks, Twitter has rolled out a new, two-step login to help users prevent unwanted intrusions.
Thu, 23-May-2013 20:29 - CNN World Business
Jes Baker is cutting retailer Abercrombie & Fitch down to size.
Thu, 23-May-2013 19:27 - Reuters Business
DETROIT (Reuters) - Auto sales in May are expected to rise about 8 percent and the annual sales pace should rebound back above 15 million vehicles after a disappointing result in the prior month, two research reports said on Thursday.
Thu, 23-May-2013 19:27 - EuroNews Business
Wall Street rejoined the worldwide sell-off of shares on Thursday as soon as the New York stock exchanges opened. US investors had actually been…
Thu, 23-May-2013 19:26 - BBC Business
Tata Steel, one of the world's biggest steelmakers, blames weakness in Europe for a net loss in the fourth quarter and says "severely depressed" conditions are likely to persist.
Thu, 23-May-2013 18:57 - Reuters Business
NEW YORK (Reuters) - Stocks dropped on Thursday, with the S&P 500 on pace for its first back-to-back daily drop in a month amid investor concerns the U.S. Federal Reserve's stimulus may be scaled back sooner than hoped and after weak data in China.
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