Current Global News

WSJ.com: World News


World News
copyright © 2015 Dow Jones & Company, Inc.

Germany Gears Up Against Russian Propaganda


Wed, 28 Jan 2015 13:35:42 EST
Germany is launching an international news service to counter Russia’s propaganda push in Europe. The only problem: Employees of Deutsche Welle, the state broadcaster spearheading the initiative, are having none of it.


Barron's Online Exclusive


Barron's Online Exclusives
copyright © 2015 Dow Jones & Company, Inc.


WSJ.com: US Business


US Business
copyright © 2015 Dow Jones & Company, Inc.

Falling Prices Spread Pain Far Across The Oil Patch


Thu, 29 Jan 2015 21:32:10 EST
Trouble has been looming over the oil patch since crude prices began falling last summer. But only now are the long-feared effects of a bust starting to ripple through the energy ecosystem, affecting Houston executives, California landowners and oil old-timers in Oklahoma.

Super Bowl Challenge for Box Makers: 12.5 Million Pizzas


Thu, 29 Jan 2015 20:25:45 EST
Super Bowl Sunday is the biggest day of the year for takeout pizza, with Americans expected to order about 12.5 million pies. That also makes it the biggest day for companies that make corrugated pizza boxes.

Amazon Delivers $214 Million in Profit


Thu, 29 Jan 2015 20:09:44 EST
Amazon posted higher-than-expected net income for the fourth quarter, despite sales growth below forecasts. The e-commerce giant’s spending continued to weigh on its bottom line.


International Business Times


McDonald’s Corporation (NYSE:MCD) Fourth Quarter Earnings Preview: Company Is Having An Identity Crisis


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McDonald’s Corporation grew from a California burger shack to stand among the giants of American capitalism thanks to three basic premises: low prices, reliable quality and fast service. But now, as the $88 billion global corporation faces more health-conscious consumers, the growth of “quick service dining” and an increasingly crowded U.S. market for fast breakfast, McDonald’s is having an identity crisis that’s hurting revenue.

Facing Bankruptcy, RadioShack Corporation (RSH) Future Depends On Branding


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RadioShack Corporation once filled a comfortable niche in a world where consumers bought small electronics items — batteries, cords and transistor radios — in neighborhood stores. Now, the very name of the 94-year-old retail franchise reflects its age and its struggle to keep pace with consumer tastes.

Why Target Corporation (TGT) Is Ditching Canada After Less Than Two Years


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Target Corp.’s new boss, Brian Cornell, announced on Thursday the biggest decision in his five months at the helm of the second-largest general merchandise retailer in the U.S.: He’s closing the company’s 133 Canadian stores and laying off more than 17,000 employees.


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


As China Economy Slows, Producers Take Blame For Plunge In Copper, Iron Ore


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Global economic developments this week are raising questions about what’s driving the steep drop in energy and metals commodities. Economists are blaming the price declines on producers, who they say are causing a global glut.

Iron Ore, Copper, Oil Prices: Is This The Beginning Of A Global Slowdown, Or Just A Supply Glut?


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Oil, copper and iron ore prices continue to fall sharply, raising concerns about a possible downturn in the global economy. The oversupply of oil that led to a 55 percent decline in crude prices since last spring is largely to blame for recent price drops in key energy and mining commodities. Demand has slowed for commodities, as China’s economic growth decelerates and other emerging-market countries face a stronger U.S. dollar.

Oil Prices Extend Slide In Commodities Sell-Off


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(Reuters) - Oil prices fell more than 1 percent on Wednesday after touching their lowest in nearly six years the previous session, extending losses alongside a sell-off in other commodities. Commodities came under pressure after the World Bank cut its forecasts for global growth, reinforcing worries of a gloomy economic outlook at a time when oil markets are plagued by oversupply.


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