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1:10 AM - Friday, May 22, 2015
4 hour ago - Business
SEOUL, South Korea (AP) — A South Korean court Friday suspended the prison term of the former Korean Air executive whose onboard "nut rage" tantrum delayed a flight last year, immediately ending her incarceration.
5 hour ago - Business
HONG KONG (AP) — Chinese stocks hit a seven-year high as investors pinned their hopes on further economic stimulus while other Asian markets were subdued ahead of a speech by Fed chair Janet Yellen.
5 hour ago - Yahoo! News: Business News
Mazda Motor Corp and Mitsubishi Motors Corp said on Friday they would recall about 630,000 more vehicles to replace air bag inflators made by Japan's Takata Corp , following similar moves last week by domestic automakers. Mazda said it was reca . . .
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4 hour ago - WSJ.com
Gap Inc. said improvements at its namesake unit might not be visible until next spring as it works through inventory ordered before new leadership was installed. The retailer said profit fell 8% in the latest quarter.
9 hour ago - Reuters
SANTA BARBARA (Reuters) - Cleanup crews labored through a third day to scoop up patches of crude oil from a pipeline spill that closed two California state beaches and fouled offshore waters, shattering an environmental balance that U.S. Coast . . .
5 hour ago - Yahoo! News: Business News
As the United States raced over the past five years toward becoming a global petroleum powerhouse, the world's biggest oil exporter Saudi Arabia quietly seized a market milestone from America: the largest source of peak summer demand. From June . . .
6 hour ago - MarketWatch.com
Uber Technologies Inc. is seeking a $1 billion credit line from banks, people familiar with the matter say, according to The Wall Street Journal.
4 hour ago - WSJ.com
The company’s results on Wednesday missed some growth forecasts, but observers said the stock-price decline may have been exacerbated by the unusual ways Etsy structured its April IPO.
7 hour ago - Yahoo! News: Business News
The chairman of a congressional committee on Thursday subpoenaed Federal Reserve documents and communications related to a 2012 leak of monetary policy information, ramping up his attack of the central bank's handling of the case. Jeb Hensarlin . . .
6 hour ago - MarketWatch.com
China’s Hanergy Holding denies that it was behind Wednesday’s sharp selloff of shares of its Hong Kong-listed subsidiary and says it is operating normally.
4 hour ago - Yahoo! News: Business News
Greece expects to reach a cash-for-reforms deal with its creditors in the next 10 days and intends to meet all its payments in June, the government's spokesman said on Friday. "We think conditions have matured for (talks) to progress further an . . .
5 hour ago - Yahoo! News: Business News
Banca Monte dei Paschi di Siena said on Friday it had signed an underwriting agreement with a pool of banks to subscribe to the lender's planned 3-billion-euro rights issue. The banks agreed to guarantee, severally but not jointly, the subscrip . . .
4 hour ago - WSJ.com
BlackBerry CEO John Chen’s compensation dropped significantly in fiscal 2015, largely because he didn’t benefit from a grant of restricted shares that he had received in the prior year.
4 hour ago - WSJ.com
The British pound climbed against the dollar and the euro after strong retail sales lifted some of the recent gloom over the U.K. economy. .
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