Macy’s to shut more stores
August 12, 2016
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Business

Macy’s to shut more stores

Macys, the countrys largest department store chain, plans to close more than 10 percent of…

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Energy firms’ gains push US market indexes to record highs
August 12, 2016
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Business

Energy firms’ gains push US market indexes to record highs

The Standard & Poor’s 500 index slipped less than one point, or 0.1 percent, to…

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US judge in Anthem merger trial plans ruling by late January
August 12, 2016
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Business

US judge in Anthem merger trial plans ruling by late January

Judge Amy Jackson said the trial would likely start in mid to late November. Anthem…

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Permian Basin leads big jump in rig count
August 12, 2016
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Business

Permian Basin leads big jump in rig count

Baker Hughes (BHI) said Friday, Aug. 12, that active US rotary rigs were up for…

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Confused broadcaster says Lochte, not Phelps, wins 200m medley
August 12, 2016
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Business

Confused broadcaster says Lochte, not Phelps, wins 200m medley

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Saudi vows to help stabilise oil market
August 12, 2016
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Business

Saudi vows to help stabilise oil market

As The Wall Street Journal reports, “A lack of an oversupply would eliminate a central…

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After triple play of record highs, stocks dip slightly
August 12, 2016
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Business

After triple play of record highs, stocks dip slightly

The Nasdaq Composite Index closed Friday at its fourth high of the year, a day…

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Alibaba posts earnings of 74 cents a share vs. 63 cents expected
August 12, 2016
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Business

Alibaba posts earnings of 74 cents a share vs. 63 cents expected

GMV transacted on its China retail marketplaces was RMB837 billion (US$126 billion), a boost of…

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India’s merchandise exports down 6.84 percent y/y in July
August 12, 2016
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Business

India’s merchandise exports down 6.84 percent y/y in July

Non-petroleum exports during April-July 2016 were valued at $ 77.899 billion as compared to $…

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Khan asks McCain to withdraw Trump support
August 12, 2016
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Business

Khan asks McCain to withdraw Trump support

It lists a series of recent Trump missteps – from rhetorically attacking the Muslim family…

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