Home » Posts Tagged "News"

News Stories

Fed says rate hike next month hinges on market volatility

JACKSON HOLE, Wyo. The Federal Reserve on Friday left the door open to a September interest rate hike even while several U.S. central bank officials acknowledged that turmoil in financial markets, if prolonged, could delay the first policy tightening in … Continue reading

Filed under Business | Tagged , , , |

Unions set sights on e-commerce and manufacturing firms after NLRB ruling

U.S. union leaders said on Friday that a landmark U.S. labor board ruling on companies’ obligations toward contract and franchise workers would help them organize manufacturers and e-commerce companies as well as fast food chains. On Thursday the National Labor … Continue reading

Filed under Business | Tagged , , , |

Exclusive: Carlyle looks to sell Landmark Aviation for $1.7 billion

Private equity firm Carlyle Group LP (CG.O) has been exploring a sale of aircraft leasing and maintenance company Landmark Aviation for as much as $1.7 billion, including debt, people familiar with the matter said on Friday. The business jet market … Continue reading

Filed under Business | Tagged , , , |

Focus turns to U.S. data as China slowdown looms

NEW YORK After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term U.S. interest rate … Continue reading

Filed under Business | Tagged , , , |

Greece’s Syriza to win election but face setback, polls show

ATHENS Former Greek Prime Minister Alexis Tsipras’ leftist Syriza will emerge as the biggest party in next month’s election but without the majority it was hoping for, the first opinion polls since he resigned last week showed on Friday. One … Continue reading

Filed under Top Stories | Tagged , , , , , |

Tropical Storm Erika losing its punch as it heads for Florida

MIAMI Tropical Storm Erika threatened Haiti with heavy rain and strong winds on Friday as it swirled across the Caribbean but showed signs of petering out as it headed toward south Florida, the U.S. National Hurricane Center said. At least … Continue reading

Filed under Top Stories | Tagged , , , , , |

Exclusive: Russia’s Kaspersky threatened to ‘rub out’ rival, email shows

SAN FRANCISCO In 2009, Eugene Kaspersky, co-founder of one of the world’s top security companies, told some of his lieutenants that they should attack rival antivirus software maker AVG Technologies N.V. (AVG.N) by “rubbing them out in the outhouse,” one … Continue reading

Filed under Top Stories | Tagged , , , , , |

Man who shot Virginia journalists identified with 9/11 attacks: sheriff

The gunman who killed two Virginia television journalists on air carried out a well-planned assault and identified with mass murderers and the Sept. 11, 2001, attacks on the United States, authorities said on Friday. The shooter, Vester Flanagan, gave no … Continue reading

Filed under Top Stories | Tagged , , , , , |

Stock futures fall after two-day market rally

U.S. stock index futures fell on Friday, after a two-day market rally, suggesting nervousness heading into the weekend after a hair-raising ride for global markets in the past few days. * Wall Street logged its biggest two-day gain since the … Continue reading

Filed under Business | Tagged , , , |

Fed’s Bullard says market swings not hitting economic outlook: Bloomberg

JACKSON HOLE, Wyo. Two top Federal Reserve officials who have pressed for interest rate hikes said on Friday that a spate of violent swings in financial markets won’t knock the U.S. economy off its feet. “The U.S. outlook still looks … Continue reading

Filed under Business | Tagged , , , |