Business News Newswire (Page 9)

Comprehensive Real-Time News Feed for Business News. (Page 9)

Results 161 - 180 of 132,789 in Business News

  1. Target, Mastercard Data Breach Deal Fails to Win Bank SupportRead the original story

    Friday | The Washington Post

    MasterCard informed Target that a 90 percent threshold to complete the deal wasn't reached by the May 20 deadline, the Minneapolis-based retailer said Friday in an e-mailed statement. Jim Issokson, a MasterCard spokesman, said in an e-mail that the Purchase, New York-based payments network will "continue to work to resolve the matter."

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  2. Oil Platform in Gulf of Mexico Shuts In Production After FireRead the original story

    Friday | The Washington Post

    A platform gathering oil in the Gulf of Mexico shut in about 2,200 barrels a day of output after a compressor caught fire. The Texas Petroleum Investment Co.

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  3. Salesforce Up on Report Microsoft Had Offered $55 BillionRead the original story

    Friday | The Washington Post

    Salesforce Chief Executive Officer Marc Benioff didn't agree to the potential offer and wanted as much as $70 billion, CNBC's David Faber reported Friday, citing "a number of people familiar with the situation." He didn't give any names.

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  4. Activist Sandell Scolds PartnerRe Board for Shunning Hostile BidRead the original story

    Friday | The Washington Post

    Sandell Asset Management Corp., the activist hedge-fund firm run by Tom Sandell, said PartnerRe Ltd. directors hurt shareholders by pushing a merger with Axis Capital Holdings Ltd. rather than talks with a hostile bidder. "We will not hesitate to exercise the rights available to us to hold the board accountable," Tom Sandell said in a letter Friday to Jean-Paul Montupet, the chairman of Bermuda-based PartnerRe.

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  5. UBS Executives Cash in After Stock Soars on U.S. SettlementsRead the original story

    Friday | The Washington Post

    As many as seven top officials at UBS Group AG sold their shares at some of the best prices in years after the Swiss bank reached an agreement with U.S. prosecutors ending major legal threats. Executives or directors sold a total 1.17 million shares to yield 23.8 million Swiss francs , according to a regulatory filing.

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  6. Vodafone Shares Hit 14-Year High After Malone Eyes AssetsRead the original story

    Friday | The Washington Post

    The shares rose 4.6 percent to 253.75 pence in London trading Friday, the highest since December 2000, according to data from the London Stock Exchange. Malone told Bloomberg News on Tuesday that his cable empire's assets in western Europe would be a "great fit" with Vodafone, sending shares of both companies up this week.

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  7. HP's $4.5 Billion China Unit Finds a Local Face to SucceedRead the original story

    Friday | The Washington Post

    Hewlett-Packard rose 5.8 percent in two days after posting higher-than-estimated earnings and saying that it will sell 51 percent of its networking and server operations in the country to an arm of Beijing's elite Tsinghua University, the alma mater of Chinese President Xi Jinping. The company is betting that ceding ownership to the state-owned Chinese firm will help it boost sales as the government presses the country's banks, military and major enterprises to stop buying most foreign technology.

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  8. Oil Falls as Dollar Advances While Crude Supplies Remain AmpleRead the original story

    Friday | The Washington Post

    Oil retreated after the dollar advanced on a report showing U.S. consumer prices rose at a faster pace than expected in April, boosting the case for higher interest rates. Commodities fell as the dollar's gain made raw materials priced in the U.S. currency less attractive as a store of value.

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  9. UBS's - Godfather of Leniency' Made Offer Fraud Cops RefusedRead the original story

    Friday | The Washington Post

    As a Justice Department prosecutor in the early 1990s, Gary Spratling spearheaded a program that encouraged wrongdoers to admit to collusion to escape prosecution. Now UBS's lawyer, Spratling played the leniency card in an effort to keep the Swiss bank from having to take a guilty plea.

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  10. Bidding War for TWC Looks LikelierRead the original story w/Photo

    Friday | Light Reading

    In the latest chapter in the long-running saga about Time Warner Cable Inc. 's future, the Wall Street Journal reported Thursday night that Patrick Drahi, the French billionaire who heads Altice , met in New York earlier this week with TWC Chairman & CEO Rob Marcus. The Journal story says the two top executives discussed a potential pact between Altice and Time Warner Cable as Altice, which just struck a $9.1 billion deal to buy a controlling stake in Suddenlink Communications , moves to play a major role in the US cable market.

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  11. Meg Whitman hints she will offshore jobs at HP's most troubled...Read the original story w/Photo

    Friday | SFGate

    The full-throated confidence that HP CEO Meg Whitman voiced last quarter about the company's Enterprise Services business was replaced by some stark realism on Thursday. Enterprise Services is HP's consulting and IT offshoring business - it helps HP customers use technology more efficiently, and handles their IT needs.

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  12. LEAKED: This Microsoft app lets you copy from Windows and paste...Read the original story w/Photo

    Friday | SFGate

    Microsoft is working on a clipboard app called OneClip that lets you copy text from your Windows desktop and share it on your iOS, Android, or Windows phone - or vice versa - making sure you have the text you need where you need it. The existence of OneClip was revealed by Twitter user h0x0d, the same person who uncovered the existence of Microsoft's email chat app Flow earlier this week.

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  13. A tiny European country is making Russia extremely nervousRead the original story w/Photo

    Friday | SFGate

    The political turmoil in a tiny Balkan republic is making Russia extremely nervous - especially because the state is an integral part of Moscow's latest gas-pipeline deal. following the release of covert recordings that allegedly show the government planning to rig votes and to cover up a murder.

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  14. Target settlement with MasterCard fails to get bank supportRead the original story w/Photo

    Friday | SFGate

    A $19 million deal between Target and MasterCard to settle lawsuits stemming from the retailer's pre-Christmas 2013 data breach has been scrapped, because it didn't get enough support from banks and credit unions. Under the settlement announced last month, Target Corp. agreed to set aside $19 million for banks and credit unions that had issued MasterCards swept up in the breach that compromised 40 million credit and debit card accounts.

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  15. IMF urges Japan to take 'bold action' on reforms, debt messRead the original story w/Photo

    Friday | SFGate

    Japan needs "bold action" on revamping its economy and improving its precarious national finances, the International Monetary Fund says in its latest assessment of the world's third-largest economy. "Risks to the outlook are to the downside," the IMF said in the report Friday, warning that weak demand and incomplete reform policies could lead to "either stagnation or stagflation," the latter a predicament of high prices, low growth and high unemployment.

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  16. FCC wants quick court decision on net neutralityRead the original story w/Photo

    Friday | The Hill

    The Federal Communications Commission and those trying to kill its new net neutrality rules agree on at least one thing: The court should make quick work of the case. The FCC on Friday filed a brief urging the court not to put the agency's newly approved net neutrality rules on hold while the broader legal challenges are worked out.

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  17. Dick Portillo reflects on sale of eponymous restaurant chainRead the original story w/Photo

    Friday | Chicago Tribune

    Founder Dick Portillo, who sold the restaurant chain, visits the Portillo's restaurant on Butterfield Road in Downers Grove on Wednesday, May 20, 2015. Founder Dick Portillo, who sold the restaurant chain, visits the Portillo's restaurant on Butterfield Road in Downers Grove on Wednesday, May 20, 2015.

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  18. These three stocks are looking to break through resistance and power higher next week.Read the original story

    Friday | TheStreet.com

    NEW YORK -- It's a three-day weekend, so why not take some time to check out three daily charts looking to break through resistance and power higher next week. I would put these in a more aggressive group though, so this is one time I'd rather take smaller positions if these trigger and try to let them have a little more room to run.

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  19. Fed Chair Janet Yellen Is Still Looking at Rate Hike This YearRead the original story w/Photo

    Friday | TheStreet.com

    Of course, the Federal Reserve chair was cautious in her speech Friday, saying the economy remains weak and that any rate hikes will be gradual. But she didn't back down from her previous view that the economic slump this past winter was only temporary.

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  20. Salesforce.com (CRM) Stock Up After Rejecting Microsoft's $55 Billion Takeover BidRead the original story w/Photo

    Friday | TheStreet.com

    The two companies were in "significant" takeover talks earlier this month that ended over price. Salesforce chairman and CEO Marc Benioff wanted as much as $70 billion, according to CNBC.

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