business news
The McDonald’s Corporation , the fast-food chain, said on Monday that sales at restaurants open at least a year climbed 4.8 percent in February on strong overseas growth and a small rise in United States sales.
Stocks traded in a tight range Monday after a new round of mergers and acquisitions raised hopes for the economy.
The European Union plans to create a European Monetary Fund to better coordinate the economies of the 16 countries that use the euro and prevent financial debacles such as the Greek debt crisis from undermining the credibility of Europe’s single currency.
Yingli Green Energy posted net revenues of $370.8 million and a diluted loss per ordinary share and per American depositary share of $0.04. On an adjusted non-GAAP basis, net income was $20.2 million and diluted earnings per ordinary share and per ADS was $0.13. Analysts were expecting better and so far today, shares are down.
Helix Energy Solutions is engaging financial advisors to assist the company in evaluating the strategic alternatives available for a complete divestment of its oil and gas business.
Construction of a new $50 million Complex Command Center at the Y-12 nuclear weapons plant could be put on hold because of questions about plans to use private financing for the new facility.
Portugal plans to cut its budget deficit to below the euro zone’s limit by 2013 by reducing investment and capping wage growth in the public sector, but the government is also counting on an economy recovery starting this year.
Several stocks trading near $5 were moving on above-average volume during Monday’s session.
The political battle over solar feed-in tariff incentives in the Czech Republic has taken a more public — and high profile — turn.
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Tom Davis never saw the bomb that destroyed his humvee as he rounded a corner in Ramadi just a week into his second tour in Iraq in 2006.
Bharti Airtel, the largest Indian mobile phone company by subscribers, confirmed on Monday that it is in talks to buy the African assets of the Kuwaiti telecom company Zain for about $10.7 billion.
Finance ministers in the euro zone are expected to recommend Vitor Manuel Ribeiro Constancio, the governor of the Bank of Portugal, as the next vice president of the European Central Bank on Monday.
If the German government wants to buy account data stolen from Swiss banks, then the Swiss accounts of German officials and other public figures should also be exposed, according to the head of an influential lobby that represents the interests of Swiss taxpayers.
The Bert Wasserman department of economics and finance in the Zicklin School of Business is enabling students to develop newly demanded skills in the banking industry through intense courses offered in a range of topics in finance.
Abu Dhabi: Nissan has the potential to double its market share in the Middle East but needs to offer the consumer more smaller and cheaper cars, Renault-Nissan president and CEO Carlos Ghosn said yesterday.
DUBAI: Dubai denied yesterday a Dow Jones report that it is mulling a two-part deal, including one that may repay lenders 60 percent over seven years.
DUBAI: The UAE’s Minerals Energy Commodities Holding is in talks with Indonesia to lease around 100,000 hectares of farmland, the firm’s vice chairman said yesterday.
RIYADH: Saudi-based National Agricultural Development Co said yesterday it has completed procedures to obtain a 42,000-hectare farmland in Sudan.
Federal Reserve Chairman Ben Bernanke expressed concerns Wednesday about the economic recovery during a ceremonial swearing-in for another four-year term.
Shares in the small, loss-making Dutch luxury carmaker Spyker Cars NV surged again Monday on hopes the company’s owners will reach a deal to buy Saab from General Motors Co.
Responsible banks and aid for Haiti _ not invincible billionaires, high-charged diplomacy or rock stars _ are the watchwords at this year’s World Economic Forum at Davos.
Indian software services firm HCL Technologies Ltd. said Monday that quarterly profit fell 16.7 percent in dollar terms, stung by foreign exchange losses, falling interest income, higher costs and weak revenues from its back office business.
European Union regulators say a plan by the world’s No. 2 and No. 3 iron ore miners, Rio Tinto and BHP Billiton Ltd., to combine some operations could damage competition.
Clear Channel Communications is interested in signing radio shock jock Howard Stern.
China denied involvement in Internet attacks and defended its online restrictions as lawful Monday after the United States urged Beijing to investigate a computer attack against search engine giant Google.
An attorney for Washington Wizards guard Javaris Crittenton says the player will plead guilty to a misdemeanor gun charge - 10 days after teammate Gilbert Arenas pleaded guilty to a felony gun charge.
An overhaul of the state Employment Security Commission is expected to gain new urgency Tuesday as a detailed audit of the unemployment benefit and job placement agency is released.
Clear Channel Communications is interested in signing radio shock jock Howard Stern.
A well-known face of the former government of Saddam Hussein widely known as Chemical Ali was executed Monday for ordering a gas attack on a Kurdish village in northern Iraq and for his role in other attacks that became notorious symbols of Mr.
Prime Minister Gordon Brown says full-body scanners will be introduced in Britain’s airports in the wake of the failed Christmas Day bombing attempt of a U.S. airliner.
Share + Comments Jan 3, 2010 4:45 am US/Pacific LAKE FOREST, Calif. Evangelical pastor Rick Warren’s plea for donations to fill a $900,000 deficit at his Southern California megachurch brought in $2.4 million, Warren announced to cheers during a sermon at the church on Saturday.
South Carolina starts the new year by joining nearly three dozen other states that have registries for biological fathers, which adoption advocates hope will shorten the time children spend in foster care.
An Egyptian regulator has turned down an appeal by Orascom Telecom against its previous ruling that could allow a France Telecom subsidiary to buy up Egypt’s biggest mobile services provider.
Top U.S. retailers will give investors the most detailed picture yet of holiday sales this week, with most expected to show better sales after an abysmal 2008 performance.
Iraq plans to support a lawsuit in U.S. courts filed by victims of a 2007 shooting in which guards for private U.S. security firm Blackwater gunned down Iraqi civilians, the government spokesman said on Sunday.
When the Senate takes up a jobs bill later this month or early in February, the debate will center on whether it really will create jobs and be worth plunging the government tens of billions of dollars further into debt.
The Tokyo Stock Exchange will launch a new high-speed trading system Monday, scrapping an antiquated, glitch-prone platform for one that aims to compete with major global rivals.
Friends and family of Susan Powell are launching a social media blitz in the search for the missing Utah mother of two.
More than 30 people have died in cold weather-related incidents in northern India in the past 24 hours, including 10 people killed in train accidents caused by dense fog, police said Sunday.
Dec. 10 — David Sowerby, a portfolio manager at Loomis Sayles & Co., talks with Bloomberg’s Lori Rothman about his investment strategy for small and mid-capitalization stocks.
Federal regulators receive tens of thousands of customer complaints about wireless services every year, but don’t do enough to follow up or protect consumers who have problems with their mobile carriers, government auditors found.
Physician Jim Reynolds, left, and retired UT professor John Bohstedt speak to supporters during the rally.
The U.S. Federal Communications Commission was chastised this week in a Government Accounting Office report highlighting problems in the wireless industry and criticizing the FCC for failing to provide sufficient oversight.
Dec. 10 (Bloomberg) — Donald Yacktman, chief investment officer at Yacktman Asset Management Co., talks with Bloomberg’s Matt Miller and Carol Massor about the outlook for the U.S. stock market. Yacktman also discusses his investment strategy in Coca-Cola Co. (Source: Bloomberg)
Data released by China on Friday provided fresh evidence that the nation’s economy is firmly on a path back to rapid growth, thanks to massive government stimulus measures and lending by the country’s state-run banks over the past year.
Like the university it springs from, Harvard Business Review has been all about sober tradition.
McDonald’s on Thursday detailed its promo partnership with Fox on James Cameron’s “Avatar,” including sneak peaks of a planned interactive Web site based on the sci-fi actioner’s fictional world of Pandora.
Last week was a busy dealmaking time for GE. The company not only closed its long-awaited $37.5 billion merger agreement with Comcast to create an enlarged NBC Universal but also quietly signed a new three-year contract with NBC Universal president and CEO Jeff Zucker to keep him at the company through 2013.
Dec. 10 — Jan Stuart, global oil analyst at Macquarie Group Ltd., talks with Bloomberg’s Carol Massar and Matt Miller about the outlook for oil prices.
