Business Headline

New indictment against ex-BP exec


Associated Press

NEW ORLEANS (AP) -- A federal grand jury has issued a new indictment against a former BP executive charged with obstructing a congressional investigation into...full story
updated 2014-09-20 09:01 AM
The Business Gallery
Money traders of a foreign exchange dealing company work under an electric screen indicating the U.S. dollar against the Japanese yen in Tokyo Thursday, Sept. 18, 2014. The U.S. dollar hit its highest level against yen in six years. (AP Photo/Kyodo News) JAPAN OUT, MANDATORY CREDIT In this photo made on Wednesday, Sept. 10, 2014, construction is under way at a housing development in Zelienople, Pa. Freddie Mac reports on average mortgage rates for this week on Thursday, Sept. 18, 2014. (AP Photo/Keith Srakocic) In this July 9, 2014 photo, Mitchell Rodgers loads packages into his delivery truck at the FedEx Express station in Nashville, Tenn. FedEx Corp., on Wednesday, Sept. 17, 2014, reported profit of $606 million in its fiscal first quarter. (AP Photo/Mark Humphrey) Alibaba Group founder and Executive Chairman Jack Ma waves to reporters before an IPO road show at a hotel in Hong Kong Monday, Sept. 15, 2014. ibaba A man shouts to an Apple premium reseller store after failed to buy the new Apple iPhone 6 and 6 Plus devices, in Hong Kong Friday morning, Sept. 19, 2014. The iPhone 6 and 6 Plus were released on Friday in Hong Kong. (AP Photo/Vincent Yu) Apple CEO Tim Cook, left, greets Bono from the band U2 after they preformed at the end of the Apple event on Tuesday, Sept. 9, 2014, in Cupertino, Calif. Apple unveiled a new Apple Watch, the iPhone 6 and Apple Pay. (AP Photo/Marcio Jose Sanchez) FILE - In this Oct. 2, 2012 file photo, Oracle CEO Larry Ellison gestures while giving a keynote address at Oracle OpenWorld in San Francisco. Oracle says Ellison is stepping aside as CEO of the company he founded. The business software maker promoted Safra Catz and Mark Hurd to replace him as co-CEOs. (AP Photo/Eric Risberg, File) People wait to buy the new Apple iPhone 6 and 6 Plus devices, outside an Apple store in Hong Kong Friday morning, Sept. 19, 2014. The iPhone 6 and 6 Plus were released on Friday in Hong Kong. (AP Photo/Vincent Yu) Traders Gregory Rowe, left, and Robert Charmack work on the floor of the New York Stock Exchange Thursday, Sept. 18, 2014. U.S. stocks are opening higher a day after the Federal Reserve made clear it would keep interest rates at record lows for a while. (AP Photo/Richard Drew)
    Updated: 2014撟?9??20? 10:00 GMT+08:00
Business
 
New indictment against ex-BP exec

Associated Press

NEW ORLEANS (AP) -- A federal grand jury has issued a new indictment against a former BP executive charged with obstructing a congressional investigation into....Fullstory

2014-09-20 09:01 AM

Moody's backs UK bond rating after Scotland vote

Associated Press

NEW YORK (AP) -- Moody's Investors Services maintained its rating on United Kingdom government-backed bonds Friday, a day after voters in Scotland decided against national....Fullstory

2014-09-20 06:01 AM

Fitch keeps 'AAA' rating on US credit

Associated Press

NEW YORK (AP) -- Fitch Ratings says that the U.S. still deserves its highest credit rating. Fitch on Friday affirmed its "AAA" rating on U.S. debt.....Fullstory

2014-09-20 06:01 AM

Greece: New bailout 'out of the question'

Associated Press

ATHENS, Greece (AP) -- Greece's finance minister says his country will not seek additional rescue funds from other eurozone countries after bailout loans are completed....Fullstory

2014-09-20 06:01 AM

Pabst Brewing to be sold to Russian company

Associated Press

NEW YORK (AP) -- The maker of Pabst Blue Ribbon beer is being sold to Russian company Oasis Beverages for an undisclosed sum. Oasis is buying....Fullstory

2014-09-20 03:01 AM

Prodigy Network and Korman Communities Close on AKA United Nations

Associated Press

NEW YORK--(BUSINESS WIRE)--Sep 19, 2014--A joint venture between Prodigy Network and Korman Communities has closed on AKA United Nations, located at 234 East 46th....Fullstory

2014-09-20 03:01 AM

Limelight Eases Digital Content Delivery Congestion During Recent Spikes in Internet Traffic

Associated Press

TEMPE, Ariz.--(BUSINESS WIRE)--Sep 19, 2014--Limelight Networks, Inc.("Limelight") (Nasdaq:LLNW), a global leader in digital content delivery, today announced its Orchestrate? Content Delivery Platform flawlessly delivered at....Fullstory

2014-09-20 03:01 AM

Ohio creator of Slush Puppies dead at age 74 Ohio creator of Slush Puppies dead at age 74
By DAN SEWELL
Associated Press

CINCINNATI (AP) -- Will Radcliff, who built a multimillion-dollar global business from flavored, icy Slush Puppie drinks, has died in Cincinnati. He was 74. His daughter....Fullstory

2014-09-20 06:01 AM

How the Dow Jones industrial average did Friday
By The Associated Press
Associated Press

NEW YORK (AP) -- U.S. stock indexes ended mixed on a day when the Chinese e-commerce giant Alibaba made its big debut on the New....Fullstory

2014-09-20 06:01 AM

Stock indexes end mixed after Alibaba debuts

Associated Press

NEW YORK (AP) -- U.S. stock indexes are ending mixed on a day when the Chinese e-commerce giant Alibaba made its big debut in the....Fullstory

2014-09-20 06:01 AM

Air France pilots extend strike to Sept. 26

Associated Press

PARIS (AP) -- Air France pilots are prolonging a walkout that has grounded more than half the airline's flights all week. Unions are angry at Air....Fullstory

2014-09-20 03:22 AM

Al Jazeera America sues former VP Gore

Associated Press

NEW YORK (AP) -- Al Jazeera America is suing former Vice President Al Gore and Joel Hyatt, the former owners of the TV network that....Fullstory

2014-09-20 03:01 AM

Exxon to wind down Russian drilling project

Associated Press

IRVING, Texas (AP) -- Exxon Mobil says it will stop drilling an exploratory well in Russia's Kara Sea in compliance with U.S. sanctions against Russia....Fullstory

2014-09-20 03:01 AM

Stocks rise slightly at midday as Alibaba debuts

Associated Press

NEW YORK (AP) -- U.S. stocks are slightly higher at midday after Chinese e-commerce giant Alibaba made its big debut in the market. The Dow Jones....Fullstory

2014-09-20 03:01 AM

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