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Updated: 34 min 15 sec ago

Sumner Redstone's Competence Questioned in Court Petition

1 hour 3 min ago
Sumner Redstone, the 92-year-old controlling shareholder of Viacom and CBS, lacks the capacity to manage his own affairs, his former girlfriend said in court documents.

German Prosecutors, California Regulator Open Fresh VW Probes

1 hour 28 min ago
VW’s emissions crisis deepened, as U.S. authorities and German prosecutors set new probes into allegations of cheating, even as the company presented an upbeat plan to fix millions of tainted cars in Europe.

Costco Points to Vegetable Mix as Possible Source of Bacterial Infections

1 hour 42 min ago
Costco Wholesale Corp. said federal investigators are examining whether the celery and onion mix used in the retailer’s rotisserie chicken salad was the source of an E. coli outbreak that infected 19 people.

Law Scraps Pay Day for Fannie and Freddie CEOs

1 hour 49 min ago
President Barack Obama on Wednesday signed into law a $3.4 million pay cut for the chief executives of Fannie Mae and Freddie Mac, a harsh rebuff of the companies’ regulator by Congress and the administration.

Canadian Oil Sands Cites Potential Suitors in Effort to Fend Off Suncor

1 hour 58 min ago
More than two dozen potential suitors have expressed interest in making an offer for Canadian Oil Sands, according to documents filed in an effort to thwart Suncor Energy’s hostile bid.

DraftKings, FanDuel Argue Against New York Ban

2 hours 6 min ago
Daily fantasy sports operators DraftKings and FanDuel appeared in court Wednesday to argue vigorously against the New York attorney general’s plan to shut them down in the state.

Pemex Sees Little Impact From Downgrade

2 hours 30 min ago
Mexico’s national oil company Petróleos Mexicanos expects little impact from the downgrading of its credit rating by Moody’s, its acting chief financial officer said Wednesday

American Airlines Stops Accepting Payments in Argentine Pesos

3 hours 6 min ago
American Airlines has stopped accepting Argentine pesos for tickets owing to currency controls it said were affecting its ability to repatriate earnings.

Philippine Shoppers' Spending Spree Gives Retail Sector New Shine

4 hours 25 min ago
The Philippine high street is undergoing a face-lift, as retail giants look to capitalize on Southeast Asia’s most profligate consumer-spending sector.

Rosneft Reports $1.7 Billion Net Profit for Third Quarter

6 hours 36 min ago
Rosneft’s third-quarter net profit was based on a large foreign-currency gain, after the company posted zero profit for the same period last year.

Deere Reports Continued Sales Decline

7 hours 4 min ago
Deere & Co. said fourth-quarter revenue tumbled and warned sales would continue to slide next year amid lower demand for its farm equipment.

U.S. Consumer Sentiment Slips

7 hours 8 min ago
U.S. consumer confidence slipped at the end of November, suggesting retailers could face a challenging holiday season.

U.S. Durable Orders Climb 3% in October

7 hours 25 min ago
Orders for long-lasting goods rose in October, climbing 3.0%—a sign demand for manufactured products could be firming after falling for most of the year.

U.S. New-Home Sales Continue Robust Pace

7 hours 28 min ago
Sales of newly built homes rose in October, leaving the housing market on track for its best year since 2007.

Slow U.S. Consumer Spending Signals Caution

7 hours 28 min ago
U.S. consumer spending grew slowly in October, rising only 0.1%, while Americans stepped up their savings, a sign of caution among households that could weigh on the economy heading into the final months of the year.

U.S. Jobless Claims Fell Last Week

7 hours 52 min ago
The number of Americans filing for first-time unemployment benefits decreased last week, a healthily signal for the labor market.

Europe Polices Ship Emissions With Sniffer Drones

8 hours 39 min ago
Europe is turning to a new tool to catch ship operators skirting pollution limits: emissions-sniffing drones.

LafargeHolcim Plans $3.5 Billion in Cement Asset Sales

14 hours 58 min ago
LafargeHolcim plans to raise to raise 3.5 billion Swiss francs ($3.5 billion) next year from selling off cement assets around the world as the recently merged Franco-Swiss building-materials group reported weaker-than-expected third-quarter profit and sales..

Sony's PlayStation 4 Scores More Than 30 Million Sales

Tue, 11/24/2015 - 23:36
Sony said that it has sold more than 30 million PlayStation 4 videogame consoles, two years after the launch of the system that has sold faster than any of its predecessors.

Takata U.S. Employees Saw Problems in Air-Bag Tests

Tue, 11/24/2015 - 20:15
For a decade, Takata employees in the U.S. raised concerns internally about misleading testing reports on air bags that later became prone to explosions.


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