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Kinder Morgan to combine its family of companies

August 10, 2014 The Associated Press NEW YORK — The group of oil and gas pipeline and storage companies controlled by Kinder Morgan but traded separately will combine and become the 4th biggest U.S. more »»

Etihad, Gulf Air re-route Iraq flights

August 10, 2014 BAGHDAD — Two Gulf-based airlines said Saturday they have re-routed flights over Iraq because of the deteriorating security situation there, even as Turkish Airlines said it has resumed flights to... more »»

Kinder Morgan to combine its family of companies

August 10, 2014 NEW YORK — The group of oil and gas pipeline and storage companies controlled by Kinder Morgan but traded separately will combine and become the 4th biggest U.S. energy company by market value. more »»

McDonald’s sales hit by China scandal, US weakness

August 9, 2014 NEW YORK — McDonald’s says a global sales figure fell 2.5 percent in July, dragged down by persistent weakness in the U.S. and a food safety scare in China. more »»

GM issues 6 more recalls covering 312,000 vehicles

August 9, 2014 DETROIT — General Motors on Friday issued six more recalls totaling more than 312,000 vehicles as the company cleans up past safety issue. more »»

Malaysia to overhaul national airline

August 9, 2014 KUALA LUMPUR, Malaysia — Malaysia’s state investment company said Friday it plans to make Malaysia Airlines fully government owned, removing it from the country’s stock exchange before carrying out... more »»

Judge rejects $324.5M settlement of wage case

August 9, 2014 SAN FRANCISCO — A federal judge has decided a $324. more »»

Oracle sues Oregon over insurance exchange

August 9, 2014 SALEM, Ore. — Oracle Corp. more »»

Western farmers take hit from Russia food ban

August 8, 2014 WASHINGTON — Russian diners won’t be able to find creamy Dutch cheeses or juicy Polish apples in the grocery store or cook up chicken from the United States — the result of a Russian ban on most foo... more »»

Spying revelations lead to German encryption boom

August 8, 2014 MOUNTAIN VIEW, Calif. more »»

FDA drops hold on experimental Ebola drug

August 8, 2014 WASHINGTON — Federal health authorities have eased safety restrictions on an experimental drug to treat Ebola, a move that could clear the way for its use in patients infected with the deadly virus. more »»

Tribe wants fee on wasted natural gas

August 8, 2014 BISMARCK, N.D. — Tribal leaders on an American Indian reservation in North Dakota want to make oil companies pay for burning and wasting natural gas. more »»

Fannie, Freddie post 2Q profit; pay dividends

August 8, 2014 WASHINGTON — Government-controlled mortgage companies Fannie Mae and Freddie Mac posted 2Q profits as the U.S. housing market continued to recove. more »»

Walgreen turns down inversion to cut tax bill

August 7, 2014 Growing political heat and possible customer backlash helped dissuade Walgreen from trying to trim its tax bill by reorganizing overseas as part of an acquisition. more »»

BofA agrees to pay $16-$17B in US deal

August 7, 2014 WASHINGTON — Bank of America tentatively agreed to pay between $16 billion and $17 billion to settle an investigation into its sale of mortgage-backed securities before the financial crisis, a perso... more »»

Sprint names new CEO, drops T-Mobile bid

August 7, 2014 NEW YORK — Sprint's new owner is replacing its longtime CEO with a Bolivian billionaire and entrepreneur after dropping its bid for rival wireless carrier T-Mobile US. more »»

Fox: No more pursuits of content companies

August 7, 2014 NEW YORK — Twenty-First Century Fox Inc. more »»

S&P: Wealth gap is slowing US economic growth

August 6, 2014 WASHINGTON — Economists have long argued that a rising wealth gap has complicated the U.S. rebound from the Great Recession. more »»

Can Africa keep its economic winning streak alive?

August 6, 2014 WASHINGTON — They export BMWs and birdseed and plenty in between. Their middle class is growing fast enough to draw the likes of Marriott and Wal-Mart. more »»

 
 

 

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