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Updated: 2 hours 38 min ago

India's Rajan Says Reserve Bank Is in an 'Accommodative' Policy Phase

2 hours 52 min ago
The Reserve Bank of India is in an accommodative phase of monetary policy, meaning it is looking to reduce interest rates, RBI Gov. Raghuram Rajan said.

Fed's Fischer: 'Good Reason' to Think U.S. Inflation Will Move Higher

3 hours 11 min ago
The Fed‘s Stanley Fischer said there is “good reason” to think sluggish U.S. inflation will firm and move back toward the U.S. central bank’s 2% annual target, touching on a significant assessment facing the Fed ahead of its September policy meeting.

Cnooc's Canada Unit to Comply with Order to Shut Oil-Sands Pipelines

3 hours 34 min ago
The Canadian unit of Chinese state-controlled energy giant Cnooc Ltd. said it would comply with an order from regulatory authorities forcing it to shut down pipelines at a troubled oil-sands plant in northern Alberta.

Inmarsat Says Russian Proton Rocket Puts Satellite Into Orbit

15 hours 38 min ago
Inmarsat declared the launch of a Russian Proton rocket carrying one of its satellites a success after the rocket delivered its cargo into its initial orbit position.

Fed Officials on the Fence for September Move

Fri, 08/28/2015 - 20:01
Federal Reserve officials made clear this week they haven’t decided whether to raise interest rates next month, and the call has become more challenging amid the recent global market turmoil.

Rebekah Brooks to Return to News Corp

Fri, 08/28/2015 - 19:57
Rebekah Brooks is expected to head News Corp’s U.K. division, a position similar to one she resigned from amid the phone-hacking scandal. Separately, Britain’s Crown Prosecution Service is reviewing a police referral related to the hacking probe.

Judge Rules for Thornburg Mortgage in Suit Against RBC

Fri, 08/28/2015 - 17:07
A federal judge found that Royal Bank of Canada shortchanged the failed mortgage lender when it seized and subsequently sold some of its assets.

Uber Hires Hackers to Work on Self-Driving Cars' Defenses

Fri, 08/28/2015 - 16:49
The ride-hailing company confirmed it had hired security researchers known for hacking into a Jeep Cherokee’s system.

Sarah Robb O'Hagan: Fitness Is Her Business

Fri, 08/28/2015 - 15:36
The president of fitness company Equinox Holdings on the rise of hardcore workout enthusiasts, how technology is changing health and the upside to losing your job (twice).

Central Bankers Rethink Views on Inflation

Fri, 08/28/2015 - 14:58
Central bankers aren’t sure they understand how inflation works anymore. Inflation didn’t fall as much as many expected during the financial crisis and it hasn’t bounced back as they predicted when the economy recovered and unemployment fell.

Syngenta Shareholders Not Happy

Fri, 08/28/2015 - 14:42
Some Syngenta shareholders are angry over the pesticide-and-seed giant’s rejection of takeover proposals from rival Monsanto, which abandoned its pursuit this week.

CEO of Ashley Madison Parent Steps Down

Fri, 08/28/2015 - 14:36
Avid Life Media, the parent company of infidelity website Ashley Madison, said Friday that Chief Executive Noel Biderman left the company by mutual agreement.

Tesla Wants White House to Press China

Fri, 08/28/2015 - 14:28
Tesla Motors wants the Obama administration to talk to Xi Jinping about making it easier for auto makers to do business in China during the Chinese president’s visit to the U.S.

FDA: Some Diabetes Drugs Can Cause Joint Pain

Fri, 08/28/2015 - 13:04
The U.S. Food and Drug Administration said in a safety alert Friday some widely used treatments for Type 2 diabetes can cause severe and disabling joint pain, raising new concerns for a big-selling class of drugs.

Mylan Holders Approve Perrigo Purchase

Fri, 08/28/2015 - 12:25
Mylan NV shareholders voted Friday in favor of the company’s $35.6 billion bid for Perrigo Co., handing the generic-drug maker ammunition for an attempted hostile takeover of its rival.

Americans Step Up Spending

Fri, 08/28/2015 - 08:58
Americans continued to step up their spending in July amid a healthy pickup in wages, a sign the economy carried momentum into the third quarter.

Big Oil Faces Prospect of Lower Refining Profits

Fri, 08/28/2015 - 08:53
For much of the past year, the world’s biggest energy companies suffered through an oil-price rout with one silver lining: Their little-loved refineries were churning out big profits again. Now, that bright spot could be fading, even as oil prices sink.

'Craft' Bourbon Is in the Eye of the Distiller

Fri, 08/28/2015 - 03:42
“Craft” distilleries have mushroomed in the U.S. to 588 from 51 over the past decade. Feeling the heat from the new competition, global liquor conglomerates are getting in on the act, and not letting definitions get in the way.

Investor Group Considering Cutting Bid for China's Qihoo 360

Fri, 08/28/2015 - 02:24
The consortium has offered $9 billion for the tech firm in what would be the largest take-private deal of a U.S.-listed Chinese company.

China's Moves Won't Help U.S. Tech Firms

Fri, 08/28/2015 - 00:03
China’s moves to spur its slowing economy are having an important but less obvious effect on the tech sector: Strengthening local companies that were already making life difficult for U.S. rivals.


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