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Top Business Stories from the U.S.
Updated: 9 hours 3 min ago

Saudi: No reason to cut oil production

Wed, 12/10/2014 - 12:59pm
Saudi Oil Minister Ali al-Naimi shrugged off suggestions that the country might cut production to halt tumbling prices.
Categories: US News

Warren takes on Obama Treasury pick

Wed, 12/10/2014 - 12:45pm
She's launched broadsides against Antonio Weiss, who Obama nominated as Treasury undersecretary for domestic finance.
Categories: US News

Fear spikes as traders get skittish

Wed, 12/10/2014 - 12:44pm
The VIX is up 40 percent in three days. And some traders think a further fear spike could come in the next few sessions.
Categories: US News

She ran 'Obamacare' but hates the name

Wed, 12/10/2014 - 12:39pm
Ex-Health and Human Services Secretary Kathleen Sebelius said the name "Obamacare" is a "very bad brand" that should be scrapped.
Categories: US News

Careful on this emerging market: Pro

Wed, 12/10/2014 - 12:35pm
Optimism on investing in Africa needs to be tempered, according to a top money manager at AllianceBernstein.
Categories: US News

No, cheap oil will not kill solar

Wed, 12/10/2014 - 12:31pm
Solar stocks have been dropping on fears that cheap oil will hurt demand for renewable energy. But they're not related.
Categories: US News

Energy sector may surprise: Lee

Wed, 12/10/2014 - 12:25pm
Lower oil prices will be a net positive for S&P earnings, and the energy sector could do well in 2015, Tom Lee said.
Categories: US News

Detroit bankruptcy to end at midnight

Wed, 12/10/2014 - 12:14pm
Michigan Gov. Rick Snyder said during a news conference Wednesday that Detroit's municipal bankruptcy will end at midnight.
Categories: US News

SEC: Morgan Stanley to pay $4M

Wed, 12/10/2014 - 12:12pm
Morgan Stanley has agreed to pay a $4 million penalty for violating the market access rule, the SEC said.
Categories: US News

Oil price drop blamed on US supply

Wed, 12/10/2014 - 12:02pm
Surging U.S. crude supply, and OPEC's forecast of lower demand for its output combined to drive oil lower.
Categories: US News

Insider trading convictions overturned

Wed, 12/10/2014 - 11:48am
A U.S. court vacated the insider trading convictions of former hedge fund managers Todd Newman and Anthony Chiasson.
Categories: US News

What's worrying North Korea's elite

Wed, 12/10/2014 - 11:47am
Sanctions and falling oil prices are pushing Russia into recession; how has N. Korea been able to evade the effects of sanctions?
Categories: US News

Uber ‘ruthlessness’ key to success: VC

Wed, 12/10/2014 - 11:36am
Though Uber's "ruthlessness" has led to success, some say the company may have to tone down its corporate culture.
Categories: US News

McDonald's to cut down menu items

Wed, 12/10/2014 - 11:34am
Bowing to pressure to slim down what some call a bloated menu, McDonald's is cutting eight items from its menu beginning in January.
Categories: US News

Steve Jobs video release unlikely

Wed, 12/10/2014 - 11:24am
Apple continued to fight to prevent recent video testimony from Steve Jobs in the iPod anti-trust case.
Categories: US News

4 firms approved to fly commercial drones

Wed, 12/10/2014 - 11:18am
Four companies won approval to fly commercial drones on Wednesday, USAT reports.
Categories: US News

12 'financial potholes' to avoid now

Wed, 12/10/2014 - 11:14am
Investors should keep their eyes out for pothole stocks that could rattle them if the markets' weakness continues, USA Today reports.
Categories: US News

Retailers allow late online orders

Wed, 12/10/2014 - 11:05am
Many retailers are holding firm on their late-in-the-season deadlines—in some cases getting more aggressive than last year.
Categories: US News

Instagram now bigger than Twitter: CEO

Wed, 12/10/2014 - 11:00am
Instagram now has more than 300 million users, sharing more than 70 million photos every day.
Categories: US News

Finding success after big paychecks

Wed, 12/10/2014 - 11:00am
Many young tech executives give up a fat paycheck to risk it all for start-up success. And they don't live to regret it.
Categories: US News

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