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Business News continually updated from thousands of sources around the net.

3 hrs ago | Myrtle Beach Online

Twitter 2Q results soar, stock flies high

The San Francisco-based company's stock jumped 29.6 percent to $50.01 in extended trading after the results came out.

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Related Topix: Twitter, Mobile Marketing

7 hrs ago | The Modesto Bee

Waste Management selling subsidiary for $1.94B

It is selling Wheelabrator Technologies Inc., which owns or runs 17 waste-to-energy facilities and four independent power-producing plants in the U.S. The business also has four ash monofill landfills, three transfer stations and an ongoing development and construction project in the U.K. Wheelabrator's 2013 revenue totaled about $845 million.

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Related Topix: Environmental, Waste Management, Wallbridge Mining Company, Mining, Metals, Modesto, CA

11 hrs ago | Myrtle Beach Online

US bars Kurdish oil from entering Texas port

The order follows a complaint filed by the Iraqi government, claiming the oil was smuggled out of Kurdistan without its permission.

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Related Topix: Iraq, World News, Middle East, Myrtle Beach, SC

11 hrs ago | The Modesto Bee

OKCupid, Facebook not alone in studying consumers

OKCupid on Monday became the latest company to admit that it has manipulated customer data to see how users of its dating service would react to one another.

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Related Topix: Startups, Facebook, Privacy, Golden Gate University, San Francisco County, CA, San Francisco, CA

11 hrs ago | The Modesto Bee

How Asana hopes to purge the scourge of email

Asana is a service created to minimize the need for workplace email by serving as a one-stop shop for assigning work, sharing ideas, posting important updates and tracking the progress of projects.

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12 hrs ago | PC World

Guns, vandals and thieves: Data shows U.S. networks under attack

Early one morning in April last year, someone accessed an underground vault just south of San Jose, California, and cut through fiber-optic cables there.

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Related Topix: Federal Communications Commission

12 hrs ago | McClatchy

FCC's dull plans for Internet get viral, angry response

Growing alarm about big companies controlling online content has led to an unprecedented amount of public participation in a phase of the FCC's regulatory process usually reserved for lawyers and policy wonks.

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Related Topix: Federal Communications Commission, Telecom, Internet Service Providers, Black Entertainment, Janet Jackson, Pop/Rock

12 hrs ago | Myrtle Beach Online

Argentina fights with debt holdouts; default nears

Here are the issues at stake: In 1998, Argentina fell into recession and faced crushing payments on its international debt.

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Related Topix: Financial Markets

13 hrs ago | San Jose Mercury News

Home price gains continue to slow down

U.S. home prices rose in May from a year earlier at the weakest pace in 15 months as sales remain modest in the spring buying season.

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Related Topix: Housing, Tampa, FL, Home, Mortgage, Personal Finance

13 hrs ago | Myrtle Beach Online

JPMorgan paying $650K to settle CFTC charges

The Commodity Futures Trading Commission announced the settlement Tuesday. The CFTC said that JPMorgan continued to submit inaccurate reports to the agency from 2012 through February of this year even though CFTC staff found errors in them and notified JPMorgan.

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Related Topix: Corporate / Securities Law, Law

14 hrs ago | The Modesto Bee

Corning donates $1.8M in parts for space telescope

The not-for-profit BoldlyGo Institute wants to put its ASTRO-1 telescope in orbit by the mid-2020s.

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Related Topix: Science / Technology, Space, Telecom, Corning, Electronics, Corning, NY, NASA

17 hrs ago | Myrtle Beach Online

Suzuki recalls nearly 26,000 cars for fire risk

The recall covers the Verona from the 2004-2006 model years. It's an expansion of an earlier recall of the Forenza and Reno.

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Related Topix: Economics News, Bankruptcy, Myrtle Beach, SC

19 hrs ago | The Modesto Bee

Pfizer's 2Q profit sinks 79 pct but tops forecasts

The latest results still edged analyst expectations. The New York company said Tuesday it earned $2.91 billion, or 45 cents per share, in the quarter.

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Related Topix: Pfizer, Biotech, Healthcare Industry, Erectile Dysfunction, Lipitor, Atorvastatin (generic)

19 hrs ago | The Modesto Bee

Reynolds American 2Q profit climbs 6.7 percent

The Winston Salem, North Carolina-based company said earnings increased to $492 million, or 92 cents per share, from $461 million, or 84 cents per share, in the same quarter a year earlier.

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Related Topix: Winston-Salem, NC, Salem, NC

19 hrs ago | The Modesto Bee

UPS 2Q profit drops 58 percent

The Atlanta-based company said profit declined to $454 million, or 49 cents per share, from $1.07 billion, or $1.13 per share, in the same quarter a year earlier.

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Related Topix: Transportation, Trucking, United Parcel Service, Air Courier

22 hrs ago | The Washington Post

Mom - Trusting God' to Save Ebola-Infected U.S. Doctor's Life

Kent Brantly, a 33-year-old doctor who volunteered to fight deadly Ebola in Africa soon after finishing his hospital residency in Texas, is one of two U.S. citizens being treated for the disease.

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Related Topix: World News, Africa, Liberia, Nigeria, Epidemic, Natural Disasters

Mon Jul 28, 2014

The Modesto Bee

Key dates in fight over Los Angeles Clippers sale

Here is a timeline of developments in the move to sell the Los Angeles Clippers to former Microsoft CEO Steve Ballmer.

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Related Topix: Sports, Los Angeles Clippers, NBA Basketball

The Washington Post

Buying on Dips Pays Most in 5 Years as S&P 500 Batters Bears

Not since the bull market began has buying dips in the Standard & Poor's 500 Index been a surer way of making money.

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Related Topix: Financial Markets

The Washington Post

Bulls Fleeing Natural Gas as Goldman Sees Further Drop: Energy

Speculators are fleeing natural gas after prices dropped below $4 for the first time since December and power plant production fell to a 13-year seasonal low.

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Related Topix: Goldman Sachs, Financial Services, Investment Services, US Energy Systems, Energy, Bethesda, MD

The Washington Post

4The airlines are making millions, but there's no relief in sight for consumers

The top American airlines are making more money than ever - but don't expect it to mean lower prices for passengers.

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Related Topix: Airlines, Virgin America

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