Tuesday, April 28, 2015
Rap mogul Jay Z has defended his Tidal streaming service as viable and a boon to artists after a much-criticized start to the revamped company.
Monday, April 27, 2015
A Texas delegation is arriving in Cuba with hopes of building a front-of-the-line position for renewed trade with the Caribbean nation long isolated by a U.S. embargo.
Saturday, April 25, 2015
Orders to U.S. factories for long-lasting manufactured goods increased by the largest amount in eight months. But a key category that tracks business investment plans dropped for a seventh month, suggesting that manufacturing is still struggling through a soft patch.
Starbucks is extracting more money from customers with offerings like a "Flat White" espresso drink and revamped baked goods that cost a little more.
Comcast is abandoning its US$45.2 billion purchase of Time Warner Cable, according to media reports.
Amazon said Thursday that strong gains in its market-leading cloud computing services helped drive a 15-percent rise in total sales in the first quarter.
Friday, April 24, 2015
Argentina's finance minister thumbed his nose at U.S. hedge fund creditors Wednesday after the country announced it had raised US$1.4 billion in a bond sale, nearly three times what was expected.
Thursday, April 23, 2015
U.S. President Barack Obama's administration on Tuesday came out strongly against his own Democratic Party's proposals to curb currency manipulation as part of a sweeping Pacific trade pact Washington is negotiating with 11 nations.
Wednesday, April 22, 2015
Halliburton Co. has cut 9,000 jobs -- more than 10 percent of its workforce -- in about six months and is considering more cost-cutting moves as falling oil prices sap demand for its drilling help.
Tuesday, April 21, 2015
U.S. businesses expect their sales will rebound in the next three months after a sluggish first quarter, and they plan to boost hiring and pay, according to a survey released Monday.