Business News Releases
Bank of England 'finely balanced' over stimulus
The minutes to the last policy meeting at the Bank of England show that only one of the nine members of the rate-setting committee voted for more economic stimulus.
Business News Releases
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BUSINESS NEWS RELEASES
Asia stocks down as worries over Greece grow
A report that Greece is considering preparations to leave the euro common currency sent Asian stock markets lower Wednesday.
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BUSINESS NEWS RELEASES
SEC reviewing JPMorgan's filings after $2B loss
Federal regulators are reviewing what JPMorgan Chase told investors about its finances and the risks it took weeks before suffering a multibillion-dollar trading loss.
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BUSINESS NEWS RELEASES
Benihana to be taken private in $296 million deal
Restaurant chain Benihana Inc. has agreed to be taken private in a deal worth about $296 million.
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BUSINESS NEWS RELEASES
General Mills to eliminate about 850 jobs
Food maker General Mills Inc. said Tuesday it will cut about 850 jobs as part of a plan to lower costs and boost efficiency.
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BUSINESS NEWS RELEASES
Oil near 2012 low, closes at $91.66
Oil prices dropped near their lows for the year following warnings of a "severe recession" in Europe and an apparent easing of tensions over Iran's nuclear program.
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BUSINESS NEWS RELEASES
Aer Lingus welcomes UK court victory over Ryanair
Aer Lingus welcomed a court victory Tuesday that permits British authorities to keep investigating Ryanair over its ownership of a 30 percent stake in Aer Lingus, a sore point between Ireland's two major carriers.
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BUSINESS NEWS RELEASES
Premier inspects quake-hit Italian factories
The government approved some temporary tax relief to owners of property damaged in the quake-struck north Tuesday, as the premier promised swift help for small-scale businesses in the region - one of Italy's more productive.
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BUSINESS NEWS RELEASES
Spain court drops tax probe of Santander chairman
Spain's National Court said Tuesday it had dropped its investigation into the country's top banker - Banco Santander chairman Emilio Botin - and 11 of his relatives over possible income and wealth tax evasion.
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BUSINESS NEWS RELEASES
Russian energy czar Sechin takes helm at Rosneft
Russia's energy czar Igor Sechin on Tuesday was named to lead the country's largest oil company, state-controlled Rosneft.
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BUSINESS NEWS RELEASES
Russian lawmakers slap big sanctions on protesters
President Vladimir Putin targeted those who dare oppose him Tuesday, introducing draconian new fines for protesters and handing out Kremlin jobs to widely detested lieutenants despite the public anger they have generated.
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