Business News Headlines

Fri, Jul 31 2015

Only a payrolls surprise could shake stalling market

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NEW YORK - Unless next week's payrolls report is an outlier, investors should expect a continuation of the directionless market that has kept the S&P 500 trading in place for most of the year.

31 Jul 2015

Verizon's workers say no strike for now, union talks continue

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NEW YORK - Verizon Communications Inc and the unions representing its wireline unit employees on the U.S. East Coast said work will go on and talks continue after their current contract expired.

2:40am EDT

Sat, Aug 1 2015

Greece may seek up to 24 billion euros in first new aid tranche: paper

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ATHENS - Greece may seek 24 billion euros in a first tranche of bailout aid from international lenders in August to prop up its banks and repay debts falling due at the ECB, a pro-government Greek newspaper said in its early Sunday editions.

World, Greece 01 Aug 2015

Pacific Rim free trade talks fall short of deal

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LAHAINA, Hawaii - Pacific Rim trade ministers failed to clinch a deal on Friday to free up trade between a dozen nations after a dispute flared up over auto trade between Japan and North America, New Zealand dug in over dairy trade and no agreement was reached on monopoly periods for next-generation drugs. | Video

01 Aug 2015

Fri, Jul 31 2015

U.S. wage growth brakes in second-quarter; consumer sentiment slips

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WASHINGTON - U.S. labor costs in the second quarter recorded their smallest increase in 33 years as workers earned less in commissions and bonuses, in what appeared to be a temporary wage growth setback against the backdrop of diminishing labor market slack.

31 Jul 2015

Subaru says suppliers have been told to treat workers fairly

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- Fuji Heavy Industries , the parent company of automaker Subaru, has told its network of suppliers that it expects them to treat workers fairly and to uphold "human rights and international standards of behavior."

Japan, Africa 2:45pm EDT

Iran plans to buy 80-90 Boeing, Airbus planes a year, post sanctions

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DUBAI - Iran plans to buy as many as 90 planes per year from Boeing and Airbus to revamp its antiquated fleet once Western sanctions are lifted, its state news agency IRNA quoted a senior aviation official as saying on Sunday.

4:33am EDT

German auto makers agree deal to buy Nokia HERE: sources

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FRANKFURT - A consortium of German premium carmakers has agreed a deal to buy Nokia's mapping business HERE, two people familiar with the matter said on Sunday, in a push to extend the reach of automakers into digital services for connected cars.

4:41pm EDT

Goldman tentatively agrees to pay $270 million to settle lawsuit: source

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- Goldman Sachs Group Inc has tentatively agreed to pay about $270 million to settle a lawsuit by investors, according to a source familiar with the matter.

Puerto Rico will fail to make Aug.1 payment, signaling default

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- Puerto Rico will miss a payment on debt due Aug. 1, the governor's chief of staff said on Friday, an event that will be considered a default by investors as the commonwealth lurches towards what could be one of the largest U.S. municipal debt restructurings in history.

31 Jul 2015
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What the government cut from Hillary’s email

As expected, Friday's public release of thousands more emails Hillary Clinton sent or received while U.S. secretary of state is streaked with white bars marking where the government has redacted information not fit for public consumption.