Business News
Euro, stocks slip after Germany's Merkel hangs on to power9/25/2017 8:37:05 AMLONDON - The single currency and European stocks slipped on Monday after the bloc's most powerful leader German Chancellor Angela Merkel won a fourth term but faced a fractured parliament as support for the far-right surged.Fighting for survival in London, Uber says it can improve9/25/2017 9:24:52 AMLONDON - Uber called on Monday for talks with London's transport regulator as soon as possible and pledged to make improvements in the way it reports serious incidents in a bid to retain its license.Walt Disney threatens to pull ESPN, ABC from Optimum9/25/2017 4:09:44 AMNEW YORK - Walt Disney Co has threatened to pull its programming from the fourth largest U.S. cable distributor, Altice USA, if the two parties cannot reach a deal before the end of the month, the cable company said on Sunday.ABB buys GE business for $2.6 billion in bet it can boost margins9/25/2017 8:38:04 AMZURICH - Power grids maker ABB is buying General Electric's Industrial Solutions business for $2.6 billion in a bet it can improve the division's lackluster margins over the next five years, the Swiss engineering company said on Monday.Fidget spinners and squishies: some Toys 'R' Us toymakers cut ties9/24/2017 11:12:11 AM - This summer, toy supplier Product Launchers delivered 100,000 specially ordered DC Comics fidget spinners to Toys 'R' Us, unaware that the biggest U.S. toy store chain was in financial trouble.Oil holds gains as producers say market rebalancing9/25/2017 8:50:21 AMLONDON - Oil prices came under pressure from a strong dollar, but kept most of their gains from the previous session as major producers meeting in Vienna said the market was well on its way towards rebalancing.Chevron to invest $4 billion to boost Permian Basin output9/25/2017 8:27:58 AMSINGAPORE - Oil major Chevron Corp will next year invest around $4 billion to ramp up its crude production in the Permian Basin area of the United States, a company executive said on Monday.EU seeks more protection for Uber-style jobs9/24/2017 3:54:22 PMBRUSSELS - The European Commission wants more social protection and rights for casual workers, such as those in the "gig economy", and others with non-standard contracts to try to tackle growing social inequality.NAFTA talks intensify; U.S. seen putting off key demand on autos9/23/2017 7:03:18 PMOTTAWA - Talks to update the North American Free Trade Agreement intensified on Saturday although U.S. negotiators looked set to once again withhold proposals for one of the Trump administration's most challenging issues.A private solution for China’s zombie company problem? Unlikely9/23/2017 11:26:10 PMHONG KONG - China's latest push to revive its bloated state-owned sector is set to pick up pace this year, with bankers and investors expecting possible spin-offs and asset sales to follow a key Communist Party Congress in October.