India's economic growth slowest since 2009

India's GDP growth hit is lowest level since the beginning of 2009. LONDON (CNNMoney) The nation's gross domestic product -- the broadest measure of economic growth -- came in at 4.4% annual rate for the April to June quarter. That's India's...

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China partners with U.S. oil firm in Egypt

NEW YORK (CNNMoney) The deal involves Sinopec (SHI) paying $3.1 billion for a 33% stake in Apache's Egyptian operations, which produce about 100,000 barrels of oil day. Apache (APA, Fortune 500) said the sale had nothing to do with the current...

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American, US Air win quick trial for antitrust case

US Airways and American Airlines won their request for a quick trial in the antitrust case that seeks to block their proposed merger. NEW YORK (CNNMoney) U.S. District Court Judge Colleen Kollar-Kotelly on Friday set a Nov. 25 trial date, which...

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India's economic growth slowest since 2009

India's GDP growth hit is lowest level since the beginning of 2009. LONDON (CNNMoney) The nation's gross domestic product -- the broadest measure of economic growth -- came in at 4.4% annual rate for the April to June quarter. That's India's...

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China partners with U.S. oil firm in Egypt

NEW YORK (CNNMoney) The deal involves Sinopec (SHI) paying $3.1 billion for a 33% stake in Apache's Egyptian operations, which produce about 100,000 barrels of oil day. Apache (APA, Fortune 500) said the sale had nothing to do with the current...

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American, US Air win quick trial for antitrust case

US Airways and American Airlines won their request for a quick trial in the antitrust case that seeks to block their proposed merger. NEW YORK (CNNMoney) U.S. District Court Judge Colleen Kollar-Kotelly on Friday set a Nov. 25 trial date, which...

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Suicide note mentions insurer's ex-chairman

Josef Ackermann, the former chairman of Zurich Insurance, was named in a suicide note written by the company's CFO. LONDON (CNNMoney) Interim chairman Tom de Swann told investors on a conference call Friday that the Swiss company's CFO, Pierre...

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Hawaiian Airlines to offer iPad minis inflight

Hawaiian Airlines is charging coach passengers $15 to reserve iPad minis for their flights. NEW YORK (CNNMoney) The carrier says the iPads will be available starting Sunday on 14 routes between Hawaii and the continental U.S., Asia and the South...

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Stocks wrapping up brutal August

Click chart for more market data. NEW YORK (CNNMoney) The Dow Jones Industrial Average and the S&P 500 are on track to lose between 3% and 4.5% this month. But they are still up between 13% and 15% for the year. The Nasdaq held up better...

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Apple stock may ride iPhone roller coaster

Apple's stock has dropped in the month after iPhone announcements in five of the past six years. Will it happen again? NEW YORK (CNNMoney) It may initially but the gains may be short-lived. In five of the past six years, Apple's (AAPL, Fortune...

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Zurich Insurance chairman quits after CFO suicide

LONDON (CNNMoney) Pierre Wauthier, who had been CFO since October 2011, was found dead at his home in Switzerland Monday. A preliminary forensic report and evidence found at the scene suggested he had committed suicide, according to a police report....

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Stocks higher as U.S. economy improves

NEW YORK (CNNMoney) U.S. stocks advanced slightly as investors weighed stronger economic data against the prospect of the Federal Reserve scaling back its bond purchase program as soon as next month. The Dow Jones industrial average, the S&P...

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The Oxford (B-school) blues

Oxford business school's new dean, Peter Tufano (Fortune) Britain's oldest university (with roots in the 11th century!) consistently churns out top scholars and politicians but has lagged behind its American counterparts when it comes to nursing...

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Selling narrative

(Fortune) It's a strange marriage that has brought these professional bards into the boardroom. The Moth partnered with MSLGroup, the public relations division of the French advertising and marketing company Publicis Groupe. Three years ago MSL was...

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Vegas' next big thing

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity...

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Greece joining euro was a mistake: Merkel

Germany's Angela Merkel accuses her predecessor of laying foundations of Europe's debt crisis by admitting Greece to the euro zone and relaxing strict budget rules. LONDON (CNNMoney) Campaigning for re-election next month, Germany's center-right...

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Stocks steady on day after sell-off

Click the chart for more stock market data. NEW YORK (CNNMoney) The Dow Jones industrial average, S&P 500 and Nasdaq moved slightly higher in early trading after Tuesday's sharp fall in reaction to a potential strike on Syria. World markets...

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The Fed's millionaires

Fed Chairman Ben Bernanke has assets worth between $1.1 million and $2.3 million. HONG KONG (CNNMoney) Financial disclosure forms released Tuesday show that all seven current members of the Federal Reserve Board of Governors have assets worth more...

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Starbucks expanding to Colombia

NEW YORK (CNNMoney) Starbucks (SBUX, Fortune 500) announced plans on Monday to expand to Colombia's capital city of Bogotá next year. It intends to open stores across the country through 2018. For the expansion, the Seattle-based company is partnering...

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Home prices still surging ... for now

NEW YORK (CNNMoney) Prices for homes in the nation's 20 largest cities in June rose 12.1% over the last year, according to a report Tuesday from S&P/Case-Shiller home price index. While that gain is still robust, it didn't quite match the gain...

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Stocks fall on talk of strike on Syria

Click chart for more market data. NEW YORK (CNNMoney) The Dow Jones Industrial Average, the S&P 500, and the Nasdaq all fell in morning trading, following global markets lower. Investors moved into assets deemed "safe," pushing up the...

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Wary investors keep tabs on Fed

Click the chart for more stock market data. NEW YORK (CNNMoney) But it appears investors are unwilling to make big bets until they have more clarity about the Fed's next moves. The Dow Jones industrial Average, S&P 500 and the Nasdaq edged...

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Trump defends his school, prosecutor calls it 'a scam'

NEW YORK (CNNMoney) During separate interviews on CNN's "New Day," New York State Attorney General Eric Schneiderman called the school a "bait-and-switch scheme," and Trump accused the prosecutor of actions akin to extortion. Still, Trump dismissed...

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Cancer drug industry sees $10 billion merger

NEW YORK (CNNMoney) The agreement, announced Sunday, sent Amgen (AMGN, Fortune 500) shares up 8% and Onyx (ONXX) shares up more than 5% in early trading Monday. Amgen has agreed to acquire all outstanding Onyx shares for $125 per share, a deal...

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Busting the 5 myths of college costs

Much of the playbook for taking on the $40,000 average sticker price of a private school is out-of-date or just plain wrong. (Money Magazine) So you figure you've got this college thing under control. Not quite. Those expensive schools you ruled...

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GM to return to Super Bowl advertising in 2014

GM's most recent Super Bowl ad, from 2012, for the Chevrolet Silverado. NEW YORK (CNNMoney) The automaker said Friday it was planning to advertise in the upcoming game to promote a fleet of new Chevrolet models. Chevy is introducing a dozen new...

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Fed warned of global risks to tapering

Jackson Hole, Wyo. (CNNMoney) But the question is: Should the Fed really care? That's the focus of much debate at a gathering of central bankers and economists in Jackson Hole, Wyo., Saturday. While the Fed was trying to save the U.S. economy...

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Busting the 5 myths of college costs

Much of the playbook for taking on the $40,000 average sticker price of a private school is out-of-date or just plain wrong. (Money Magazine) So you figure you've got this college thing under control. Not quite. Those expensive schools you ruled...

19.33 | 0 komentar | Read More

GM to return to Super Bowl advertising in 2014

GM's most recent Super Bowl ad, from 2012, for the Chevrolet Silverado. NEW YORK (CNNMoney) The automaker said Friday it was planning to advertise in the upcoming game to promote a fleet of new Chevrolet models. Chevy is introducing a dozen new...

19.33 | 0 komentar | Read More

Fed warned of global risks to tapering

Jackson Hole, Wyo. (CNNMoney) But the question is: Should the Fed really care? That's the focus of much debate at a gathering of central bankers and economists in Jackson Hole, Wyo., Saturday. While the Fed was trying to save the U.S. economy...

19.33 | 0 komentar | Read More