Latest Business News From Peninsulaclarion.com
Updated: 1 hour 26 min ago
Hess, Elliott reach deal, end fight
Hess has reached a deal with a major investor to end a bitter fight over the management and direction of the oil and gas company.
Categories: National News from the Associated Press
US natural gas supplies grew last week
The nation's natural gas supplies rose last week, the government said Thursday.
Categories: National News from the Associated Press
RBS to cut another 1,400 retail bank jobs in UK
Royal Bank of Scotland says it is cutting 1,400 jobs from its retail banking operations over the next two years.
Categories: National News from the Associated Press
Senate panel considers labor board nominees
Some of President Barack Obama's nominees to the National Labor Relations Board are coming under criticism from Senate Republicans.
Categories: National News from the Associated Press
Senate panel backs Perez to head Labor Dept.
A Senate panel has endorsed the nomination of Justice Department official Thomas Perez to head the Labor Department despite opposition from Republicans.
Categories: National News from the Associated Press
Weak open on Wall Street; Wal-Mart disappoints
Wal-Mart led the Dow Jones industrial average lower early Thursday after the world's largest retailer turned in weaker sales and a dim forecast for profits.
Categories: National News from the Associated Press
Wal-Mart's 1Q profit, sales disappoint
It was a tough quarter for Wal-Mart Stores Inc.
Categories: National News from the Associated Press
Only 2 of 13 small SUVs do well in crash tests
Only two of 13 small SUVs performed well in front-end crash tests done by an insurance industry group. Several popular models fared poorly.
Categories: National News from the Associated Press
Hess, Elliott reach deal on revamped board
Hess and Elliott Capital Management say they have reached an agreement that gives board seats to three people nominated by the activist hedge fund.
Categories: National News from the Associated Press
Slower Chinese growth adds to pressure on leaders
Global economic malaise has knocked the stuffing out of Luo Yan's business making toy animals.
Categories: National News from the Associated Press
Markets subdued despite upbeat Japanese growth
Financial markets were subdued Thursday despite encouraging growth figures out of Japan, as investors paused for breath a day after the main U.S. stock indexes struck record highs.
Categories: National News from the Associated Press
In Bloomberg uproar, ethics flags for new media
Launching his namesake company's news division in the 1990s, Michael Bloomberg largely rejected long-held rules of the journalism trade that insist on keeping thick firewalls between reporters and the profit-making workings of their companies.
Categories: National News from the Associated Press
Google executive defends tax strategy to lawmakers
A senior Google executive defended his company's complicated structure before Britain's Parliament, denying charges that it was misleading authorities to dodge paying tax.
Categories: National News from the Associated Press
Google challenger in Vietnam filtering results
A Russian-financed search engine in Vietnam is redirecting queries for some politically sensitive terms to Google, apparently as a way of avoiding government anger or legal liability for sending surfers to sites critical of the ruling party.
Categories: National News from the Associated Press
INFLUENCE GAME: Tech, labor spar on immigration
To the U.S. technology industry, there's a dramatic shortfall in the number of Americans skilled in computer programming and engineering that is hampering business. To unions and some Democrats, it's more sinister: The push by Facebook's Mark Zuckerberg to expand the number of visas for high-tech foreign workers is an attempt to dilute a lucrative job market with cheap, indentured labor.
Categories: National News from the Associated Press
Wal-Mart's 1Q profit, sales disappoint
Wal-Mart Stores Inc.'s first quarter profit rose 1.1 percent as the world's largest retailer struggled with a sales slump in its namesake business.
Categories: National News from the Associated Press
Futures edge higher on mixed signals from retail
U.S. stock futures are moving higher with retailers sending mixed signals about consumer spending.
Categories: National News from the Associated Press
Deep divide in Congress over domestic food aid
The House and Senate Agriculture Committees have laid the groundwork this week for reducing the size of the federal food stamp program, approving farm bills that would shrink the food aid and alter the way people qualify for it.
Categories: National News from the Associated Press
Slower Chinese growth adds to pressure on leaders
Global economic malaise has knocked the stuffing out of Luo Yan's business making toy animals.
Categories: National News from the Associated Press
Cambodian shoe factory collapse kills 2, injures 7
The ceiling of a Cambodian factory that makes Asics sneakers collapsed on workers early Thursday, killing two people and injuring seven, in the latest accident to spotlight lax safety conditions in the global garment industry.
Categories: National News from the Associated Press
