Germany hints at preparations of a Plan B on Greece

RIGA - German Finance Minister Wolfgang Schaeuble hinted on Saturday that Berlin was preparing for a possible Greek default, drawing a parallel with the secrecy of German reunification plans in 1989.

Recent Business News

Flash crash charges garner increasing skepticism in high-speed world

WASHINGTON - The notion that one man trading from his parents' house in a working class London suburb had a material role in the 2010 Wall Street flash crash has aroused increasing skepticism from investors and traders since charges were brought on Tuesday.

24 Apr 2015

From Woking to Wall Street: UK day traders dream of glory in daily grind

WOKING, Britain - The British trader accused of sparking market chaos in 2010 cut his teeth in a drab building in a sleepy suburb that highlights how "day traders" dreaming of glory have to first tackle grim offices, zero glamour and high risk.

24 Apr 2015

Tech triumvirate propels Nasdaq, S&P to record highs

- The Nasdaq Composite and S&P 500 chalked up record high closes on Friday, propelled by strong results from tech behemoths Google, Amazon and Microsoft. | Video

24 Apr 2015

Weak U.S. business spending data hints at sluggish growth rebound

WASHINGTON - U.S. business investment spending plans fell for a seventh straight month in March, weighed down by a strong dollar and lower energy prices, suggesting the economy was struggling to rebound from a recent soft patch.

24 Apr 2015

Sony raises FY 2015 profit forecast to $2.5 billion: Nikkei

TOKYO - Japanese consumer electronics firm Sony Corp has raised its operating profit estimate for fiscal 2015 to 300 billion yen ($2.52 billion), or four times its previous estimate, the Nikkei reported on Saturday.

Tech, Japan 24 Apr 2015


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