Feed aggregator

Re/code hires new social media reporter

Talking Biz News - 35 min 37 sec ago
Kurt Wagner, who has been covering social media for Mashable, has been hired by tech news site Re/code to cover the same beat. He replaces Mike Isaac, who left Re/code in June to join...

Seeking Alpha parts ways with Yahoo Finance

Talking Biz News - 1 hour 8 sec ago
Eli Hoffmann, Seeking Alpha’s vice president and editor in chief, sent the following to the financial news site’s 8,500 contributors: Dear contributors, As of next Monday Yahoo Finance will no longer be displaying Seeking...

Wall Street weighed by results as Amazon, Visa disappoint

Breaking Business News - 1 hour 22 min ago
NEW YORK (Reuters) - Disappointing earnings from Amazon and Visa dragged U.S. stocks lower in afternoon trading on Friday in a broad selloff led by consumer discretionary shares.

In China meat scandal, McDonald's Japan switches to Thai chicken, no nuggets in Hong Kong

Breaking Business News - 1 hour 50 min ago
HONG KONG (Reuters) - McDonald's Corp has suspended sales of chicken nuggets and other items in Hong Kong after it said it imported products from Shanghai Husi Food, the U.S.-owned Chinese company at the center of a food safety scare in China.

BSkyB to pay $9 billion to create Sky Europe

Breaking Business News - 1 hour 52 min ago
LONDON/PARIS (Reuters) - Britain's BSkyB has agreed to pay $9 billion to buy Rupert Murdoch's pay-TV companies in Germany and Italy, taking its hunt for growth into Europe by creating a media powerhouse with 20 million customers.

Citigroup unit to pay $5 million to settle SEC charges

Breaking Business News - 1 hour 59 min ago
NEW YORK (Reuters) - A business unit of Citigroup will pay $5 million to settle civil charges that one of its private trading venues violated federal law by failing to protect clients' confidential trading data, U.S. regulators said on Friday.

FBI investigates Ford engineer after listening devices found -Ford

Breaking Business News - 2 hours 3 min ago
DETROIT (Reuters) - A former Ford Motor Co engineer is being investigated by the FBI after listening devices were found in meeting rooms at company offices, the automaker said on Friday.

Argentina says debt battle can be resolved if good faith shown

Breaking Business News - 2 hours 31 min ago
BUENOS AIRES (Reuters) - Argentina stressed on Friday that it was impossible to fulfill a U.S. court ruling ordering full payment to "holdout" investors suing the country but said a deal needed to avert a default on its debt is still possible.

U.S. business spending data gives mixed signals on growth

Breaking Business News - 2 hours 37 min ago
WASHINGTON (Reuters) - A mixed reading on the health of U.S. business investment on Friday suggested the economy may not have rebounded as strongly in the second quarter as previously believed, but it offered hope for the rest of 2014.

How Wired magazine has gone Hollywood

Talking Biz News - 2 hours 44 min ago
Marc Graser of Variety writes about how Wired magazine has used its Wired Cafe during Comic-Con to promote the technology magazine and build its brand. Graser writers, “While the nightly party scene during Comic-Con...

Russia takes aim at McDonald's burgers as U.S. ties worsen

Breaking Business News - 2 hours 56 min ago
MOSCOW (Reuters) - McDonald's burgers and shakes may become the latest victims of worsening ties between Moscow and Washington after a Russian consumer watchdog agency accused the U.S. chain of sanitary violations.

Tech journalism is everywhere

Talking Biz News - 4 hours 35 min ago
Capital New York interviewed Matt Buchanan and John Herrman, co-editors of The Awl, about their site and other topics. Here is an excerpt: CAPITAL: You both come from a tech journalism background—John from BUZZFeeD’s...

Mazda recalls U.S. cars with faulty Takata air bags

Breaking Business News - 4 hours 45 min ago
(Reuters) - Japan's Mazda Motor Corp will broaden a recall of cars sold in the United States because an air-bag inflator, supplied by Japan's Takata Corp , could rupture and seriously injure occupants.

FT parent reiterates outlook for 2014

Talking Biz News - 4 hours 48 min ago
Pearson Plc, the parent of the Financial Times, reiterated its profit forecasts for this year but cautioned its expected earnings range could slip if the sterling remains at its current level. Henry Mance of...

Lower printer sales hurt Xerox's revenue

Breaking Business News - 4 hours 58 min ago
(Reuters) - Xerox Corp reported a 2 percent fall in second-quarter revenue, hurt by lower demand in its printing business.

Liberty Media plans stock dividend to spin off cable assets

Breaking Business News - 5 hours 6 min ago
(Reuters) - John Malone's Liberty Media Corp started the process of spinning off its cable assets through a stock dividend to its shareholders to form a new listed company called Liberty Broadband.

Coverage: Amazon earnings miss the mark

Talking Biz News - 5 hours 11 min ago
Amazon Inc. is a tough company to figure out sometimes. They report incredible revenue numbers, but profit can be tough to come by. Here’s the media coverage of what can be a confusing quarterly...

RBS privatization prospects brighten after surprise profit

Breaking Business News - 5 hours 18 min ago
LONDON (Reuters) - Part-nationalized Royal Bank of Scotland boosted its chances of an earlier than expected return to private ownership, posting a surprise 1 billion pound ($1.7 billion) second-quarter profit as its painful restructuring begins to bear fruit.

FBI investigates Ford engineer after listening devices found: report

Breaking Business News - 5 hours 38 min ago
DETROIT (Reuters) - A 43-year-old former Ford Motor Co engineer is being investigated by the FBI after listening devices were found in meeting rooms at company offices, the Detroit News reported on Friday.

GM recalls far from calamity for some dealers who find new customers, business

Breaking Business News - 6 hours 8 min ago
FOX LAKE Ill. (Reuters) - The news about deadly crashes linked to a faulty ignition switch, followed by wave upon wave of recalls, did not bode well for General Motors dealers earlier this year. It conjured visions of worried, frustrated drivers pouring onto lots like Raymond Chevrolet, outside of Chicago.