Business

Photo

U.S. business spending data gives mixed signals on growth

WASHINGTON - A mixed reading on the health of U.S. business investment on Friday suggested the economy may not have rebounded as strongly in the second quarter as previously believed, but it offered hope for the rest of 2014.

Recent Business News

Lower printer sales hurt Xerox's revenue

- Xerox Corp reported a 2 percent fall in second-quarter revenue, hurt by lower demand in its printing business.

9:17am EDT

Liberty Media plans stock dividend to spin off cable assets

- John Malone's Liberty Media Corp started the process of spinning off its cable assets through a stock dividend to its shareholders to form a new listed company called Liberty Broadband.

9:09am EDT

BSkyB to pay $9 billion to create Sky Europe

LONDON/PARIS - Britain's BSkyB has agreed to pay $9 billion to buy Rupert Murdoch's pay-TV companies in Germany and Italy, taking its hunt for growth into Europe by creating a media powerhouse with 20 million customers.

Mazda recalls U.S. cars with faulty Takata air bags

- Japan's Mazda Motor Corp will broaden a recall of cars sold in the United States because an air-bag inflator, supplied by Japan's Takata Corp , could rupture and seriously injure occupants.

9:29am EDT

Argentina says debt battle can be resolved if good faith shown

BUENOS AIRES - Argentina stressed on Friday that it was impossible to fulfill a U.S. court ruling ordering full payment to "holdout" investors suing the country but said a deal needed to avert a default on its debt is still possible.

11:44am EDT

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary