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Yellen: Economy likely ready for rate hike later in 2016

September 29, 2016 WASHINGTON — Federal Reserve Chair Janet Yellen said Wednesday that the central bank has no “fixed timetable” for raising interest rates but she believes the economy is ready for a rate hike by the... more »»

 
 
 
OPEC reaches preliminary deal to curb oil production

September 29, 2016 ALGIERS, Algeria — OPEC nations reached a preliminary agreement Wednesday to curb oil production for the first time since the global financial crisis eight years ago, in an effort to reduce a global... more »»

Soda-tax battle bubbles up in San Francisco

September 29, 2016 SAN FRANCISCO — The national fight over sugary soda is bubbling up in the San Francisco Bay Area, where voters in November will consider a tax on the drinks that many health experts say contribute t... more »»

FDA approves 'artificial pancreas'

September 29, 2016 WASHINGTON — Federal regulators have approved a first-of-a-kind "artificial pancreas," a device that can help some diabetes patients manage their disease by monitoring their blood sugar and... more »»

Wells Fargo claws back part of CEO, other executive’s pay

September 28, 2016 WASHINGTON — Wells Fargo says CEO John Stumpf and the executive who ran the bank’s retail banking division will forfeit tens of millions of dollars in bonuses as the bank tries to stem a scandal ove... more »»

Unhappy Target customers send strong message on pill bottles

September 28, 2016 Longtime customers of Target’s pharmacies are finding a change in pill bottle design hard to swallow. more »»

US home prices climbed again in July

September 28, 2016 WASHINGTON — U.S. home prices rose again in July, pulled up by strong gains in Portland, Seattle and Denver. more »»

Dockworkers, employers to talk contract concept

September 28, 2016 LOS ANGELES — Representatives of dockworkers who load and unload cargo at 29 West Coast sea ports will meet with their employers to discuss the concept of extending their contract, even though it... more »»

French rogue trader damages slashed from 4.9B to 1M euros

September 24, 2016 VERSAILLES, France — Former French rogue trader Jerome Kerviel will not have to pay 4.9 billion euros ($5. more »»

UPS testing delivery drones

September 24, 2016 MARBLEHEAD, Mass. — One of the world’s largest package delivery companies is stepping up efforts to integrate drones into its syste. more »»

FDA approves lower-cost alternative to Humira

September 24, 2016 WASHINGTON — Federal regulators on Friday approved the first alternative version of the second-best selling drug in the world, Humira, the blockbuster injection used to treat rheumatoid arthritis an... more »»

Yahoo hack steals personal info from at least 500M accounts

September 23, 2016 SAN FRANCISCO — Computer hackers swiped personal information from at least 500 million Yahoo accounts in what is believed to be the biggest digital break-in at an email provide. more »»

Wells Fargo CEO resigns position on Fed advisory body

September 23, 2016 WASHINGTON — Wells Fargo’s embattled CEO is resigning his position on the Federal Reserve’s advisory council amid a scandal over millions of accounts allegedly opened by the bank without customers’... more »»

Tesla sues Mich., challenges law requiring dealer sales

September 23, 2016 LANSING, Mich. — Tesla sued Gov. more »»

US home sales fell in August

September 23, 2016 WASHINGTON — Americans retreated from home-buying in August, as a worsening inventory shortage appears to be hurting sales and pushing prices highe. more »»

Fed keeps key rate unchanged but hints of coming hike

September 22, 2016 WASHINGTON — The Federal Reserve is keeping its key interest rate unchanged but signaling that it will likely raise rates before year’s end. more »»

Exxon agrees to pay for Yellowstone River spill

September 22, 2016 BILLINGS, Mont. — Exxon Mobil Corp. more »»

Boeing announces $6M in grants for science

September 22, 2016 RENTON, Wash. more »»

Monsanto, Bayer officials defend proposed $66B merger

September 21, 2016 WASHINGTON — Top officials for Monsanto and Bayer defended their proposed $66 billion merger before skeptical senators on Tuesday, insisting that the deal would lead to greater investments in... more »»

Mylan CEO defends EpiPen prices

September 21, 2016 WASHINGTON — The head of pharmaceutical company Mylan is defending the cost for life-saving EpiPens and is signaling the company has no plans to lower prices despite a public outcry. more »»

FedEx beats forecasts with 1Q profit of $715M

September 21, 2016 DALLAS — FedEx is raising prices, boosting earnings and making plans for handling the crush of holiday packages. more »»

 
 
 
 
 
 
 

 

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