Asian shares rise, dollar on top of the heap

TOKYO - Asian shares shrugged off early losses on Wednesday, while the dollar was close to 14-month highs against a basket of major currencies after data underscored that the U.S. economy continues to gather gradual momentum.

Recent Business News

Abercrombie resolves CEO pay lawsuit, to tighten governance

- Abercrombie & Fitch Co's board agreed to make governance changes to resolve a lawsuit objecting to its awarding longtime Chief Executive Officer Michael Jeffries more than $140 million of compensation since 2007.

Shell CEO says U.S. should export oil to stabilize markets

NEW YORK - U.S. policymakers should gradually lift the country's decades-old ban on crude oil exports because allowing the shipments would make the global energy system and fuel prices more stable, the head of Royal Dutch Shell Plc said on Tuesday.

02 Sep 2014

Credit Suisse says investigating allegations of employee misconduct

LONDON Sep 2 - Credit Suisse said it was investigating allegations of trader misconduct reported in The Wall Street Journal on Tuesday.

02 Sep 2014

Aston Martin may lose U.S. dealers without safety exemption

DETROIT - U.S. Aston Martin dealers say they are in danger of closing if federal regulators refuse to give them an exemption to safety rules that would allow them to keep selling all four models the British luxury sports car maker produces.

Boeing shares slip after first 'underperform' rating since 2009

NEW YORK - Boeing Co shares slipped 1.3 percent on Tuesday after a pair of downgrades from highly ranked analysts, including one who cut the stock outlook to "underperform."

02 Sep 2014


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Sector Summary

How letting women fail can help them succeed

For women, fear of failure isn't an irrational position. Instead, it’s more likely a reaction to social pressures that tell them they will be more harshly judged than their male peers on their perceived missteps.