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Top Business Stories from the U.S.
Updated: 29 min 27 sec ago

Alcohol firms drown sorrows as shares tumble

Thu, 04/17/2014 - 5:51am
Shares of major drink makers got battered on Thursday after Diageo and Rémy Cointreau posted poor results.
Categories: US News

Chocolate could become 'like Champagne'

Thu, 04/17/2014 - 5:44am
As cocoa prices surge to near-record highs on demand for emerging markets, chocoholics brace for a hike in price – and maybe even a different taste.
Categories: US News

Publicis CEO: No 'embarrassing questions' on merger

Thu, 04/17/2014 - 2:39am
The CEO of Publicis has said the negotiations with China regarding its merger with Onmicom is taking energy out of the day to day running of the firm.
Categories: US News

Weibo set for IPO on Nasdaq

Wed, 04/16/2014 - 11:25pm
China's Weibo has priced its initial public offering at $17 per American Depository Share, at the bottom of its planned range.
Categories: US News

Is a RRR cut is in the offing for China?

Wed, 04/16/2014 - 10:08pm
China's move to cut the reserve ratio for some village commercial banks has led investors to question whether broader monetary stimulus is imminent.
Categories: US News

More than 7 million Sony Playstation 4 sold

Wed, 04/16/2014 - 9:52pm
Sony sold more than 7 million PlayStation 4 units as of April 6 and is struggling to keep pace with demand for its game console.
Categories: US News

Next hot IPO in the cloud: Pro

Wed, 04/16/2014 - 7:04pm
Re/Code's Arik Hesseldahl looks at pricing of new IPOs in the cloud space.
Categories: US News

Market mechanics: Seeking the bottom

Wed, 04/16/2014 - 6:28pm
Is the stock market making a meaningful reversal?
Categories: US News

Market ignoring flood of positives

Wed, 04/16/2014 - 6:05pm
It seems Wall Street wants to point fingers.
Categories: US News

Mayer wants Yahoo for Apple search

Wed, 04/16/2014 - 5:55pm
Yahoo CEO Marissa Mayer has set out to convince Apple to make Yahoo the default search engine on its Safari browser on the iPhone and iPad.
Categories: US News

Exempt from minimum wage anyway

Wed, 04/16/2014 - 5:20pm
Labor laws exclude more than a dozen categories of jobs from the minimum wage, including crews on fishing ships and casual baby sitters.
Categories: US News

IBM revenue falls short

Wed, 04/16/2014 - 4:42pm
IBM posted revenue that was below forecasts as weakness in its storage and server businesses continued to offset gains in its software services.
Categories: US News

Judge rejects deal in NFL concussion case

Wed, 04/16/2014 - 4:41pm
A federal judge has again declined to approve deals for some of the retired players suing the NFL over concussions.
Categories: US News

Cheaters force casinos to up the ante

Wed, 04/16/2014 - 4:19pm
Some RFID gaming chips have the ability to not only cut casino's cheating losses, but also track a player bet by bet.
Categories: US News

Leash on expenses helps AmEx

Wed, 04/16/2014 - 4:10pm
American Express Co reported a 12 percent rise in quarterly profit as its credit-card customers spent more in a recovering U.S economy.
Categories: US News

Google earnings miss

Wed, 04/16/2014 - 4:02pm
Analysts had expected the company to report earnings excluding items of $6.40 a share on $15.52 billion in revenue.
Categories: US News

NY subpoenas HFT firms: Source

Wed, 04/16/2014 - 4:00pm
The New York attorney general's office has subpoenaed about a half-dozen high-frequency trading firms, a source told CNBC.
Categories: US News

Alnylam defends RNA potential

Wed, 04/16/2014 - 3:23pm
This week RNA firms appeared to have tough news, but Alnylam remains undeterred about the potential of its treatments.
Categories: US News

Wild Turkey! Bourbon business is booming

Wed, 04/16/2014 - 2:49pm
From spiced bourbon to a new #nevertamed campaign, here's what Wild Turkey is doing to capitalize on the bourbon boom.
Categories: US News

Carlyle Africa fund is magnet for assets

Wed, 04/16/2014 - 2:43pm
Carlyle has raised $698 million for its dedicated Africa fund, nearly $200 million above its initial target.
Categories: US News

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