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U.S. Economy Added 295,000 Jobs in February, but Wages Continued to Lag
The gains exceeded economists? expectations and added to encouragement about the continued recovery, though wage growth has barely budged in months.
Fri, 06 Mar 2015 16:54:07 GMT
BP Signs $12 Billion Deal to Develop Natural Gas in Egypt
The deal is a sign that Egypt?s relations with the oil industry might be improving.
Fri, 06 Mar 2015 15:40:35 GMT
China's Fosun Buys Small Stake in Thomas Cook
But the Chinese conglomerate said it was not planning to acquire the British travel group in its entirety, after buying a 5 percent share.
Fri, 06 Mar 2015 08:43:02 GMT
ISIS Is Adept on Twitter, Study Finds
While Twitter has suspended many users linked to the Islamic State, a study says at least 46,000 accounts publicize the group?s message of death.
Fri, 06 Mar 2015 02:30:33 GMT
To Bring Virtual Reality to Market, Furious Efforts to Solve Nausea
Oculus VR, Sony, HTC and other headset makers have incorporated technology to combat motion sickness, paving the way to mass-marketing their products.
Fri, 06 Mar 2015 02:12:13 GMT
AbbVie Wins Bidding War for Maker of Cancer Drug, Then Goes on Defensive
Strategically, the $21 billion deal for Pharmacyclics seems to make sense for AbbVie, but at least some analysts said the company had paid too much.
Fri, 06 Mar 2015 02:07:12 GMT
Companies Turn Tables on Human Rights Lawyers
American companies accused of human rights abuses abroad are on the counterattack, seeking to bring down the lawyers who targeted them.
Fri, 06 Mar 2015 02:05:54 GMT
In Ellen Pao?s Suit vs. Kleiner Perkins, World of Venture Capital Is Under Microscope
What is really under examination in this trial is the question of why there are so few women in leadership positions in Silicon Valley.
Fri, 06 Mar 2015 00:26:14 GMT
Big Banks Pass Muster in Latest Stress Tests
All 31 institutions are found to have enough financial strength to survive a severe downturn in the United States economy.
Thu, 05 Mar 2015 23:43:48 GMT
U.S. Auction Suggests Lingering Interest in Bitcoin
The United States Marshals Service said that 14 bidders took part in an auction on Thursday for 50,000 Bitcoins, worth around $14 million.
Thu, 05 Mar 2015 22:33:43 GMT
Common Sense: Nasdaq Changed in Its Climb to 5,000
Unlike the Nasdaq composite index at its dot-com peak in 2000, today?s index has companies that are more mature and less concentrated in technology.
Thu, 05 Mar 2015 20:38:05 GMT
Mario Draghi of E.C.B. Predicts an Improved Economy When Stimulus Program Begins Monday
Mr. Draghi, the European Bank president, says the bond-buying program may help fix the collapse in consumer prices.
Thu, 05 Mar 2015 17:13:53 GMT
Bits Blog: Alibaba Expands in Silicon Valley With Its First U.S. Data Center
China?s largest Internet company, Alibaba, is adding to its modest presence in Silicon Valley, but not in the way many have expected.
Thu, 05 Mar 2015 14:19:37 GMT
British Regulators Fine Bank of Beirut $3.2 Million
The Financial Conduct Authority said the lender misled it regarding efforts to improve the bank?s financial-crime identification systems and controls.
Thu, 05 Mar 2015 12:53:38 GMT
Citigroup Sells Stake in Turkish Bank for $1.16 Billion
The New York banking giant sold its 9.9 percent stake in Akbank, a Turkish lender in which it had an investment since 2007.
Thu, 05 Mar 2015 11:43:06 GMT
Solairedirect Moves to File I.P.O. in Paris
The solar energy provider, which develops, manages and invests in facilities in France and several other countries, plans to raise about $195 million by next summer.
Thu, 05 Mar 2015 10:40:04 GMT
I.P.O. of HKBN, a Broadband Provider, Is Hong Kong?s Biggest This Year
The offering raises $750 million as CVC Capital Partners, G.I.C. and AlpInvest reduce their stakes in the company.
Thu, 05 Mar 2015 10:16:11 GMT
Chinese Premier Sketches a Lofty Vision for Private Enterprise but Warns of Obstacles
Prime Minister Li Keqiang lowered the country?s yearly target for economic growth and announced efforts to reduce China?s dependence on government-led infrastructure investment, heavy industry and low-end exports.
Thu, 05 Mar 2015 06:59:43 GMT
AbbVie to Pay $21 Billion for Pharmacyclics, Maker of a Promising Cancer Drug
AbbVie announced that it has agreed to buy Pharmacyclics, a maker of a cancer drug that some analysts predict will eventually become one of the best-selling treatments.
Thu, 05 Mar 2015 06:26:14 GMT
Green Column: Delivering Unwelcome Species to the Mediterranean
Egypt?s plan to expand the Suez Canal threatens the sea?s fragile biodiversity.
Thu, 05 Mar 2015 03:31:05 GMT
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