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Business News continually updated from thousands of sources around the net.

13 min ago | The Washington Post

Stocks snap higher in midday trading; Citigroup up

Stocks are moving sharply higher in midday trading as the market shakes off its worst weekly performance in three months.

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Related Topix: Financial Markets

2 hrs ago | Fox News

Web Firms Press Demands for Net Neutrality

Major U.S. web companies on Monday urged regulators to restrict the ability of Internet providers including mobile carriers to strike deals for faster delivery of some web traffic and planned a publicity campaign about the government's proposal.

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Related Topix: Federal Communications Commission, Internet Service Providers, Wireless, Emerging Technology

5 hrs ago | The Modesto Bee

Swiss Lindt buys US candy maker Russell Stover

Lindt CEO Ernst Tanner said Monday that the purchase provides "a unique opportunity for us to expand our North American chocolate business."

Comment?

Related Topix: Life, Food, Chocolate, Candy

7 hrs ago | Myrtle Beach Online

Samsung suspends China supplier over child labor

The South Korean company, which is the world's biggest smartphone maker, said in its blog Monday that it had found possible evidence of child labor and illegal hiring at Dongguan Shinyang Electronics Co.

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Related Topix: World News, China

Sun Jul 13, 2014

Myrtle Beach Online

Asian stocks rebound after Portuguese bank scare

Oil edged up to stay above $100 after tumbling more than $2 last week amid expectations more Libyan crude will soon hit markets.

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Related Topix: Financial Markets

The Modesto Bee

Chinese firm buys UK's Pizza Express chain

The chain's chief executive, Richard Hodgson, said Asia is a key part of the chain's growth strategy and Hony's expertise in the region will be valuable.

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Related Topix: Modesto, CA

Myrtle Beach Online

Whiting to top Bakken oil firms in $6B Kodiak buy

The merger is meant to take advantage of cost savings through technological expertise, complementary drilling areas and better access to capital.

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Myrtle Beach Online

Fire forces evacuation of southwest Michigan hotel

The Berrien County sheriff's department says the fire was reported about 8:40 a.m. Sunday at O'Brien Inn & Resort.

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Related Topix: Berrien County, MI, New Buffalo, MI

Myrtle Beach Online

Influence Game: Shaping railroad safety rules

This July 6, 2013 file photo shows smoke rising from railway cars carrying crude oil after derailing in downtown Lac Megantic, Quebec.

Comment?

Related Topix: Train Disaster, Canada

The Modesto Bee

ECB under pressure to get growth-sapping euro down

ECB President Mario Draghi is likely to face questions on what can be done to reduce the value of the euro when he faces lawmakers at the European Parliament on Monday.

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Sat Jul 12, 2014

Myrtle Beach Online

Woman lunges at police, then fatally shot by Georgetown County sheriff's deputy

A 37-year-old woman was fatally shot by a Georgetown County sheriff's deputy Saturday night after deputies were at her home to check her well-being.

Comment?

Related Topix: Georgetown County, SC, Myrtle Beach, SC

SFGate

Rick Perry Thinks Rand Paul Is Dead Wrong On Iraq

On Saturday, Texas Gov. Rick Perry published a piece in the Washington Post arguing against "isolationist policies" in Iraq and Afghanistan.

Comment?

Related Topix: US Politics, US News, US Senate, Republican, Senator Rand Paul, Rick Perry, US Governors, Texas Government, Texas

Myrtle Beach Online

Head of US pension agency resigning

Joshua Gotbaum, a former investment banker, was appointed by President Barack Obama as director of the Pension Benefit Guaranty Corp. in July 2010.

Comment?

Related Topix: Pension, US Politics, US News, Barack Obama

Myrtle Beach Online

Ex-chief of huge pension fund guilty of bribery

Federico Buenrostro Jr., the former chief executive of California Public Employees' Retirement System, entered his plea in San Francisco federal court.

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Related Topix: Pension, Personal Finance, California Public Employees Retirement System, Financial Services, Investment Services, Retirement

Myrtle Beach Online

Morrison named AP's head of US video production

Morrison, who will be based in Washington, will focus on domestic video output for Associated Press Television News, AP Video-US and online.

Comment?

Related Topix: Emmy Awards, Entertainment, Television, Fulton County, GA, Atlanta, GA

Myrtle Beach Online

Tracy Morgan sues Wal-Mart for crash that killed 1

The lawsuit, filed Thursday in U.S. District Court in New Jersey, claims Wal-Mart was negligent when a driver of one of its tractor-trailers rammed into Morgan's limousine bus.

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Related Topix: Tracy Morgan, Myrtle Beach, SC

Fri Jul 11, 2014

Santa Cruz Sentinel

Magid: Time for public to weigh in on 'net neutrality'

In May, the Federal Communications Commission issued a proposed new rule on network neutrality that critics say would open the door to fast and slow lanes on the Internet.

Comment?

Related Topix: Federal Communications Commission, Telecom, Internet Service Providers, Cable & Satellite, Comcast

The Washington Post

World-Beating Kiwi Seen Topping Out Near Record: Market Reversal

New Zealand's dollar is the most overstretched in three years, trading patterns suggest, putting in jeopardy its chances of surpassing a record high.

Comment?

Related Topix: 9

The Raw Story

FCC votes to transition to new high-speed Internet subsidy program for schools

U.S. Federal Communications Commission on Friday voted along party lines to begin to transition E-Rate, the largest U.S. educational technology subsidy program, to focus on high-speed Internet and increasingly on Wi-Fi in the next few years.

Comment?

Related Topix: Federal Communications Commission, Wireless, Emerging Technology

Myrtle Beach Online

Economists lower forecasts for US growth

The average forecast for growth in the second quarter has fallen to 3 percent, according to a survey released Friday by the National Association for Business Economics.

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Related Topix: Retail, Container Store, Household Products

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