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Fresh VW Probes Opened in Germany, California

48 minutes ago (Thu, 26 Nov 2015 04:42:19 EST)

VW’s emissions crisis deepened, as U.S. authorities and German prosecutors set new probes into allegations of cheating, even as the company presented an upbeat plan to fix millions of tainted cars in Europe.

Canadian Oil Sands Cites Potential Suitors in Effort to Fend Off Suncor

12 hours ago (Wed, 25 Nov 2015 17:11:48 EST)

More than two dozen potential suitors have expressed interest in making an offer for Canadian Oil Sands, according to documents filed in an effort to thwart Suncor Energy’s hostile bid.

Costco Points to Vegetable Mix as Possible Source of Bacterial Infections

12 hours ago (Wed, 25 Nov 2015 17:27:30 EST)

Costco Wholesale Corp. said federal investigators are examining whether the celery and onion mix used in the retailer’s rotisserie chicken salad was the source of an E. coli outbreak that infected 19 people.

Brazil Dam's Failure Flooded Region With Toxic Waste, U.N. Report Says

52 minutes ago (Thu, 26 Nov 2015 04:38:09 EST)

An avalanche of mud unleashed by a massive dam failure in Brazil earlier this month contained “high levels of toxic heavy metals and other toxic chemicals,” a pair of United Nations experts said.

Rémy Cointreau Profit Lifted by Weaker Euro

3 hours ago (Thu, 26 Nov 2015 01:53:05 EST)

French liquor group Rémy Cointreau said first-half profit for its 2016 fiscal year was lifted by favorable exchange rates.

Slow U.S. Consumer Spending Signals Caution

13 hours ago (Wed, 25 Nov 2015 15:33:17 EST)

U.S. consumers have grown increasingly cautious ahead of the holiday shopping season, a potential weight on economic growth during the final months of the year.

U.S. Durable Orders Climb 3% in October

17 hours ago (Wed, 25 Nov 2015 11:45:16 EST)

Orders for long-lasting goods rose in October, climbing 3.0%—a sign demand for manufactured products could be firming after falling for most of the year.

U.S. New-Home Sales Continue Robust Pace

16 hours ago (Wed, 25 Nov 2015 13:10:25 EST)

Sales of newly built homes rose in October, leaving the housing market on track for its best year since 2007.

U.S. Consumer Sentiment Slips

17 hours ago (Wed, 25 Nov 2015 12:01:42 EST)

U.S. consumer confidence slipped at the end of November, suggesting retailers could face a challenging holiday season.

U.S. Jobless Claims Fell Last Week

11 hours ago (Wed, 25 Nov 2015 17:56:17 EST)

The number of Americans filing for first-time unemployment benefits decreased last week, a healthily signal for the labor market.

HP Shares Fall Following Weak Earnings Outlook

9 hours ago (Wed, 25 Nov 2015 20:30:04 EST)

Shares of HP Inc., the printer-and-PC half of the former Hewlett-Packard Co., dropped nearly 14 percent Wednesday after the company surprised the market with a lowered outlook for its next fiscal year

SCMP Confirms Being Approached by Potential Buyer

3 hours ago (Thu, 26 Nov 2015 02:27:22 EST)

The publisher of Hong Kong’s South China Morning Post has confirmed it was approached by an interested buyer.

Here's Why Comcast Customers Can't Watch Nets, Yankees

11 hours ago (Wed, 25 Nov 2015 17:59:54 EST)

Comcast recently dropped the YES Network, showcasing the rising tensions between TV distributors and programmers as the industry tries to adapt to shifts in viewing habits.

The Oxford Economist Running the Fed's Interest-Rate Machine

2 days ago (Tue, 24 Nov 2015 00:15:44 EST)

Simon Potter is charged with implementing the mechanisms that will raise interest rates when Federal Reserve policy makers make that call.

Why Housing Rebound Hasn't Lifted Economy Much

2 days ago (Mon, 23 Nov 2015 20:43:34 EST)

American homeowners are digging out of the housing crisis. But housing wealth is playing a much smaller role in the overall economy than it did before the downturn.

American Airlines Stops Accepting Payments in Argentine Pesos

13 hours ago (Wed, 25 Nov 2015 16:03:23 EST)

American Airlines has stopped accepting Argentine pesos for tickets owing to currency controls it said were affecting its ability to repatriate earnings.

Sumner Redstone's Competence Questioned in Court Petition

9 hours ago (Wed, 25 Nov 2015 19:37:10 EST)

Sumner Redstone, the 92-year-old controlling shareholder of Viacom and CBS, lacks the capacity to manage his own affairs, his former girlfriend said in court documents.

Philippine Shoppers' Spending Spree Gives Retail Sector New Shine

3 hours ago (Thu, 26 Nov 2015 01:59:02 EST)

The Philippine high street is undergoing a face-lift, as retail giants look to capitalize on Southeast Asia’s most profligate consumer-spending sector.