Current Global News

WSJ.com: World News


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

Political Impasse Puts Chill on Greek Business


Mon, 22 Dec 2014 04:46:39 EST
Fears that Greece’s high-stakes parliamentary vote for a new president could herald a return to economic turmoil have stalled business development and foreign investment, business executives and investors say.


Barron's Online Exclusive


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

4 Undervalued Stocks: EnPro, TFS, McGrath, and Albany International


Wed, 17 Dec 2014 11:01:39 EST
Even after small-caps’ big run, Brown Advisory’s David Schuster says he’s finding a few that are mispriced.

Nestlé Chief Paul Bulcke Takes a Global View


Sat, 13 Dec 2014 06:58:33 EST
From Peru to Pakistan, Bulcke has helped build Nestlé into the world’s largest food and beverage company. Betting on nutrition and health.


WSJ.com: US Business


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

New Hepatitis C Drug Gets Helping Hand


Mon, 22 Dec 2014 00:22:09 EST
Express Scripts will make an AbbVie drug the exclusive option for patients with the most common form of hepatitis C. The move will help the drug maker take market share from Gilead, maker of Sovaldi.

Monday's Deluge to Test UPS's New System


Mon, 22 Dec 2014 06:35:37 EST
UPS all year has been focused on one day above the rest: Monday Dec. 22, when it will deliver 34 million packages, more than any other in its history—putting a new high-tech sorting system to the test.

Uneasy Rider: Boomer Deaths in Motorcycle Crashes Jump


Mon, 22 Dec 2014 05:53:43 EST
Motorcycle riders between 55- and 64-years-old accounted for 16.3% of motorcycle crash deaths in 2013, up from 9.3% a decade earlier and less than 3% in the early 1990s, according to statistics from the U.S. traffic safety agency.


International Business Times


Staples Inc. Data Breach: Company Says Over 1 Million Credit Cards Compromised


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Staples Inc. confirmed Friday evening that about 1.16 million credit cards may have been hit in a major data breach. The culprit is malware that may have allowed access to transaction information including names of cardholders and their card numbers, expiration dates and verification codes, the big retailer said in a statement posted on its website.

Lululemon Earnings Preview: Retailer Poised To Regain Footing After Transparent Yoga Pants Recall


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More than a year after Lululemon recalled some of its yoga pants for being somewhat transparent, the high-end athletic apparel maker is poised to regain market share it lost to larger competitors like Nike and Under Armour. The shift, analysts say, reflects the growing market for fashionable women's athletic gear, even as shoppers spend less overall on clothing.

US Luxury Retailers Neiman Marcus, Nordstrom Quietly Outperform Stores For Middle Class


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As American mid-tier department stores report crawling sales, the luxury goods sector continues to quietly pull ahead. That’s largely because the wealthiest Americans are cashing in on record stock market highs and rising property values. And they’re splurging on fine jewelry, apparel, handbags and other items while the vast majority of U.S. consumers haven’t seen a wage boost in decades. 


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


Saudis Block OPEC Output Cut, Oil Price Sinks Further


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VIENNA (Reuters) - Saudi Arabia set the stage for more blood-letting on oil markets after blocking on Thursday calls from poorer members of the OPEC oil exporter group for output cuts to arrest a slide in crude prices. Benchmark Brent oil fell more than $4 to $73.50 a barrel on fears that the global oversupply will build up in coming months as Saudi Arabia kept silent about what would prompt it to consider production cuts.

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.


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