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

4 min ago | Myrtle Beach Online

US employers add 209K jobs, rate rises to 6.2 pct.

It was the sixth straight month of job growth above 200,000, evidence that businesses are gradually shedding the caution that had marked the 5-year-old recovery.

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Related Topix: Housing

3 hrs ago | Myrtle Beach Online

Steelmaker ArcelorMittal sees US, Europe improving

The Luxembourg-based company reported net profit of $52 million, from a loss of $205 million in the same period a year ago.

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Related Topix: Lakshmi Mittal, Myrtle Beach, SC

7 hrs ago | The Modesto Bee

Asia stocks dip on Dow drop, China data cuts loss

KEEPING SCORE: Japan's benchmark Nikkei 225 index dropped 0.6 percent to 15,528.72 and Hong Kong's Hang Seng fell 0.5 percent to 24,623.81.

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Related Topix: Financial Markets

Thu Jul 31, 2014

Myrtle Beach Online

Russia ordered to pay another $2.5 bln for Yukos

Thursday's ruling said Russia must produce a plan to distribute the funds within six months.

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Related Topix: Vladimir Putin

Myrtle Beach Online

Debit overdraft fees often exceed cost of purchase

Large banks have generally charged a $34 penalty when people overdraw their debit-card accounts, even though most of the purchases involved were for less than $24.

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Myrtle Beach Online

Two men charged in Georgetown County armed robbery attempt

Samuel Coleman is charged with one count of armed robbery while armed with a deadly weapon and one count of possession of a weapon during a violent crime.

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Related Topix: Georgetown County, SC, Myrtle Beach, SC

The Modesto Bee

MasterCard 2Q profit rises on volume growth

MasterCard Inc. is the world's second-largest processor of debit and credit card payments.

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Related Topix: MasterCard, Financial Services, Purchase, NY

The Modesto Bee

Panel wants TEPCO execs charged over nuke crisis

In this April 17, 2011 file photo, then Tokyo Electric Power Co., Chairman Tsunehisa Katsumata reacts during a news conference at the company's headquarters in Tokyo.

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Related Topix: Energy, Tokyo Electric Power Company

Myrtle Beach Online

Siemens earnings up 27 pct in April-June quarter

The Munich-based industrial conglomerate on Thursday reported net earnings of 1.4 billion euros for its fiscal third quarter, up from 1.1 billion euros last year.

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Related Topix: Industrial Machines, Telecom, Siemens AG, Siemens, Myrtle Beach, SC

Wed Jul 30, 2014

The Modesto Bee

KFC owner says China scandal hurting sales

Yum Brands Inc., in a filing with the U.S. securities regulator, gave no financial details and said it was too early to know when sales might rebound.

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Related Topix: Yum Brands, Restaurant Management, Mcdonalds

The Washington Post

Twitter Stock Surges as Costolo Makes Case for Future Growth

Twitter Inc. Chief Executive Officer Dick Costolo is getting the company back on track with Wall Street by drawing people to use the service more, sending shares soaring 20 percent.

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Related Topix: Twitter, Startups, Facebook

McClatchy

Fed taper continues, on pace to end in October

With the announcement, the rate-setting Federal Open Market Committee will now purchase $25 billion a month in bonds to stimulate the economy and is expected to further ratchet down purchases with the expectation of ending the controversial program late this year.

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Related Topix: Financial Markets, Home, Mortgage, Personal Finance, Federal Reserve Bank

Government Executive

Reid Vows to Defend Net Neutrality From Republican Attacks

Harry Reid wants the Federal Communications Commission to know he'll be on the agency's side in a political battle with Republicans.

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Related Topix: US News, Federal Communications Commission

Myrtle Beach Online

US economy grew at strong 4 percent rate in spring

The rebound reported Wednesday by the Commerce Department followed a sharp 2.1 percent annualized drop in economic activity in the January-March quarter.

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KDXY-FM Jonesboro

Netflix agrees to pay AT&T for smooth streaming

Video streaming service Netflix has agreed to pay U.S. broadband provider AT&T Inc to ensure smooth delivery of Netflix content to Internet users, the companies said on Tuesday.

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Related Topix: Cable & Satellite, Telecom, ATT, Federal Communications Commission

Myrtle Beach Online

Small cars fare poorly in crash tests

HOLD FOR RELEASE UNTIL 12:01 A.M. EDT WEDNESDAY, JULY 30. THIS PHOTO MAY NOT BE PUBLISHED, BROADCAST OR POSTED ONLINE BEFORE 12:01 A.M. EDT WEDNESDAY - FILE - In this Feb. 7, 2014 file photo, a 2014 Mini Cooper S Countryman All4 is on display during the media preview at the Chicago Auto Show at McCormick Place in Chicago.

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Related Topix: Arlington, VA

The Modesto Bee

Russia's central bank supports sanctions targets

In an online statement, the bank promised to "take adequate measures" to support targeted institutions.

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Tue Jul 29, 2014

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

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

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

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