Current Global News

WSJ.com: World News


World News
copyright © 2014 Dow Jones & Company, Inc.

U.K. Growth Slows in Third Quarter


Fri, 24 Oct 2014 22:58:39 EDT
U.K. economic growth slowed in the third quarter, official data showed, in the latest sign the global recovery may be losing steam.

World Bank Chief: Global Ebola Spread Without More Health Workers


Fri, 24 Oct 2014 12:39:11 EDT
World Bank President Jim Yong Kim warned Friday that a lack of health-care workers volunteering to fight Ebola in the hardest-hit West African nations could accelerate the global spread of the virus.


Barron's Online Exclusive


Barron's Online Exclusives
copyright © 2014 Dow Jones & Company, Inc.

Stocks’ Recent Rally May Not Last


Thu, 23 Oct 2014 08:07:15 EDT
All the sectors that are keys to market health are lagging, including retail, technology, home building, banks and small-caps. Caveat emptor.

Katherine Krill: She Knows What Women Want


Tue, 07 Oct 2014 16:02:14 EDT
ANN Inc. CEO Katherine Krill brought the posh women’s clothing retailer back from a financial-crisis brink. Now, a new challenge: activist investors.


WSJ.com: US Business


US Business
copyright © 2014 Dow Jones & Company, Inc.

iTunes Sees Drop in Music Sales


Sat, 25 Oct 2014 05:54:42 EDT
Digital music sales at Apple iTunes store have fallen 13% to 14% world-wide since the start of the year, according to people familiar with the matter, underscoring the fragility of the music industry’s nascent recovery.

P&G to Shed Duracell


Fri, 24 Oct 2014 22:12:45 EDT
P&G said it plans to exit its Duracell business, with plans to carve off the leading battery brand with $2 billion in global sales into a separate company. The plan was announced as P&G reported flat sales and a 34% profit drop for its fiscal first quarter.

Chiquita Ends Banana Deal


Fri, 24 Oct 2014 20:24:07 EDT
Chiquita has terminated its deal with Irish food company Fyffes and said it instead plans to enter negotiations with Cutrale-Safra, the coalition between a Brazilian orange juice maker and an investment firm.


International Business Times


Struggling Soda Companies Diversify, Following Tobacco's Lead


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In a fizzling global soda market, beverage companies are taking cues from the tobacco industry. Just as cigarette companies saw decades of declining sales amid changing consumer tastes, health warnings and an increasingly harsh regulatory environment, soda makers are now experiencing similar hard times -- and they're responding with borrowed marketing ploys.

Halloween Costs 2014: Americans Will Spend More To Celebrate This Year


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The price of celebrating Halloween this year may spook you. The National Retail Federation predicts that Americans will spend $7.4 billion on Halloween goodies in 2014, according to a news release. The average person will spend $77.52 – about $2.50 more than last year.

Retail Sales Fell More Than Expected In September Despite iPhone 6 Sales


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Despite a forecast for growth due to a surge in electronics sales from the iPhone 6, overall retail sales in September fell, according to advanced estimates by the Commerce Department. The drop signals that consumers pulled back their spending more than economists predicted.


International Business Times


World's First Full-Scale Carbon Capture And Storage Project To Launch At Canada's Boundary Dam Plant


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The world’s first commercial-scale “carbon capture and storage” (CCS) project is set to launch this week at a coal-fired power plant in Canada. The $1.4 billion development marks a major milestone for the fledgling technology, which is seen as critical for cutting global warming pollution from fossil fuels.

Marijuana Trademarks: Product Owners Struggle With Federal Trademarks


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A booming American cannabis industry has fostered a growing group of entrepreneurs looking to make millions from marijuana products. But even in states where recreational use is legal, enterprising business owners are seeing their profits go up in smoke due to another legal snag - the lack of protection for intellectual property.

New York Times Plans Job Cuts And Will Eliminate About 100 Newsroom Jobs: Report


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The New York Times unveiled plans for job cuts on Wednesday as part of a companywide restructuring intended to safeguard the newspaper’s long-term profitability.  About 100 newsroom jobs will be eliminated, in addition to a smaller number of positions from the editorial and business operations. If the Times cannot get enough people to leave voluntarily, they will offer buyouts and resort to layoffs.


International Business Times


Why Chocolate Makers Are Uniting To Fight Ebola


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The world’s chocolate makers are coming together to fight the Ebola outbreak in Liberia, Guinea and Sierra Leone. As part of the World Cocoa Foundation, Mondelez International Inc., Nestlé SA, Starbucks Corporation, and others recently announced  a $700,000 donation to combat the virus, which has already infected more than 9,000 people and killed at least 4,500 with no signs of slowing.

Record Global Soybean, Wheat Crops Expected As Rice, Corn Yields Stay Flat


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The 2014-2015 season’s soybean and wheat crops are on track to set records, while rice and corn look poised to be more in line with last season’s record crops. Soybean production is expected to hit 310 million tons, about 10 percent higher than last year’s output, according to the International Grains Council’s September Grain Market Report released Thursday. That increase is expected to continue as new soy plantings boost yields in parts of Brazil and Argentina.

Glut In Natural Rubber Seen Shrinking As Prices Drop And China Car Sales Rise


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Natural rubber supplies ballooned in recent years as Asian producers cranked up the tree taps and consumers curbed their demand. Now, the glut appears ready to pop. The global surplus is poised to shrink by nearly 50 percent in 2015 as the trends reverse, according to the International Rubber Study Group.


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