Asian shares fall as U.S. jobs jitters outweigh ECB support

SINGAPORE/TOKYO - Asian shares extended losses on Friday as caution over a U.S. jobs report overshadowed signals from the European Central Bank that it is willing to take further steps to shore up the European economy.

Recent Business News

Qualcomm president says splitting company may not create value

NEW YORK - Qualcomm Inc's President Derek Aberle, under pressure from activist hedge fund Jana Partners to improve the licensing and chip design firm's stock performance, on Thursday sounded a cautionary note about a potential breakup of the company.

03 Sep 2015

Detroit Three show interest in UAW healthcare overhaul idea

DETROIT - The Detroit Three automakers are showing increased interest in the United Auto Workers union's proposal that they pool their healthcare systems, a sign that contract talks between the union and manufacturers are down to the big money issues.

03 Sep 2015

Gun maker Colt says near deal to exit bankruptcy

WILMINGTON, Del - Gun maker Colt Defense and its creditors are close to a deal on a plan to bring the company out of bankruptcy, but if it fails, the business will go on the auction block next month, a company lawyer told a judge on Thursday.

03 Sep 2015

Chipotle critic turns up heat with 'Chubby Chipotle' ad

LOS ANGELES - Chipotle Mexican Grill Inc , known for its indulgent burritos, is battling a "Chubby Chipotle" ad campaign from the food industry group whose "Nanny" ads helped sink New York City's ban on super-sized sugary drinks.

03 Sep 2015

B&G to buy General Mills' Green Giant frozen foods business

- Snack food company B&G Foods Inc said it would buy General Mills Inc's Green Giant frozen foods and Le Sueur canned vegetables brands for about $765 million to expand its distribution network and enter the frozen foods market.

03 Sep 2015


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