Daily Business News
Online Daily Business and Finance News
Business owners and investors need to have daily business news to make quick decisions without hesitation. In most cases, business owners and investors will access all kinds of news and information before making any financial decision.
Any changes in current business events may amend or alter their perspective or opinion on important matters. Therefore, experts recommend these people to rely on a practical tool such as a repository of daily business news articles in front of them to act as a guide before making those critical decisions.
Dreamliner Dazzles Passengers in First Flight to Hong Kong
All Nippon Airways Co. (ANA) has made history by successfully transitting its first paying passengers from Tokyo to Hong Kong via Boeing Co.'s 747 Dreamliner aircraft.
ANA’s First Dreamliner Arrives in Tokyo
After three threes of delays, All Nippon Airways (ANA) on Wednesday has received its first Boeing 787 “Dreamliner,” the composite carbon aircraft that the American plane maker is fielding to keep its European rival Airbus out of its best market.
Broadcom to Buy NetLogic For $3.7B
In an effort to expand its microchip unit, Broadcom Corp. on Monday announced plans to buy NetLogic Microsystems for $3.7 billion to capitalize on the fast-growing demand for mobile data services – particularly smartphones.
Tiffany’s Q1 Earning Raises Hopes For Luxury Sector
Tiffany & Co., one of the biggest luxury retailers in the world, said that its fiscal first quarter earnings hit $81.1 million as sales of its gold and silver jewelry continued to surge across all regions worldwide.
Two Firms to Acquire J Crew for $2.8B – Sources
TPG Capital and Leonard Green & Partners offered $2.8 billion for the acquisition of US-based fashion retailer J Crew Group Inc, a source familiar with the matter disclosed on Monday.
Wendy's/Arby's Profit Drops in Q3
Due to high cost of ingredients and weak sales output, Wendy's/Arby's Group Inc. reported a slight drop in its profits in the third quarter of this year, prompting the operators to slash back sales forecast this year.
Student Lender Nelnet Agrees to Pay $55M Settlement
Following investigations conducted by the US government, student lending firm Nelnet on Friday agreed to pay at least $55 million settlement.
Nestle Raises Outlook after Posting $5B First-Half Profit
One of the world’s largest food and drink companies, Nestle Food Corp, reported on Wednesday a $5 billion or 7.5 percent increase in its net profit as sales from its core products such as Jenny Craig, Nescafe, and Haagen-Dazs rose.
US Companies to Deal With Steeper Healthcare Cost in 2011
US companies will have to deal with steeper medical cost by 2011 as the new healthcare reform bill passed by the Congress earlier this year takes effect.
Unemployment Rate Falls in 34 States – Labor
Unemployment rate in the United States fell in some 34 states as improving economic conditions spur more job hiring in the past two months, the Labor Department said on Friday.
Stocks Plunge, Fears Due to Greek Aid Rises
Stocks at the New York Stock Exchange plunged to a record low in more than three months as fears due to bailout package for Greece arises across Europe.
Video Game Sees Stronger Sales in March
For the first time in more than a year, the US video game industry has posted a 6 percent increase in sales in March as consumers spent more money in buying video game software and accessories.
US Workers More Optimistic
In a recent survey conducted by an online information site, the US workers are becoming more confident and optimistic about the economic recovery.
US Special Panel Asked to Consolidate Dozens of Class-Suit against Toyota
A US special court panel is set to decide on the venue for some 100 cases filed against Toyota in the next two weeks. The court was asked by lawyers and complainants to move some 100 cases filed against the carmaker in a single court for litigation.
US Retail Sales Slip Down in February
US Retail Sales slipped down by 0.2 percent in February due to stronger snowstorms and weak auto demand.
Wal-Mart Urges Suppliers to Cut Carbon Emissions
Wal-Mart Stores Inc. urged its suppliers to cut their carbon emission by 2015 to help the environment recover from the massive greenhouse gas build up caused by the industrial factories.
Toyota Hints Next Move to Prius Hybrid Braking Problems
Toyota hinted for its next move to the Pruis braking problem, saying that the new plan will come out next week.
US, Japan to Probe Faulty Toyota Prius Brakes
US, Japan government announced that it will conduct a probe to the faulty Toyota Prius brakes.
US Unemployment Rise, Hits 43 States in December
US unemployment rate rose in December affecting some 43 states, a new data release by industry research firm Moody showed on Friday.
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