Apple's rumored Home app will reportedly grant unifying control over different HomeKit devices
The home of the future is creeping closer to reality with the rumored development of a new Apple Home app set to take the idea of a fully-automated home one step closer to completion.
May 21, 2015 4:12 AM EDT
Russian rouble suffers steepest drop in 16 years
The rouble plunged more than 11 percent against the dollar on Tuesday in its steepest intraday fall since the Russian financial crisis in 1998 as confidence in the central bank evaporated after an ineffectual rate hike.
Vanguard's stockpickers outperform despite firm's passive push
Vanguard Group became the largest U.S. fund manager by assets by persuading investors that they don't need to pay for a stock picker. Yet a funny thing happened along the way: Most of the 30 active stock funds the firm runs have actually beaten their respective benchmarks and Vanguard’s own highly touted index funds.
Stocks rebound, oil pares losses ahead of Fed meeting
Crude oil prices pared losses and global equity markets rebounded on Tuesday as investors snapped up beaten-down energy stocks and wagered the U.S. central bank will express caution in the midst of growing turmoil in capital markets sparked by oil's collapse.
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Airbus ops chief resigns, replaced by Tom Williams
Airbus Group (AIR.PA) on Tuesday announced the resignation of the no.2 at its planemaking unit, Chief Operating Officer Gunter Butschek, after 2-1/2 years in the role.
Dec 16, 2014 1:45 PM EST
U.S. housing starts fall, but trend points to recovery
U.S. housing starts fell in November as groundbreaking for single-family homes declined after two hefty increases, in what appeared to be a brief pause in a gradual recovery trend.
Dec 16, 2014 1:14 PM EST
Lehman trustee petitions Supreme Court over Barclays dispute
The trustee handling the liquidation of the brokerage unit of Lehman Brothers Holdings Inc filed a petition with the U.S. Supreme Court on Monday seeking review of the business's cash assets awarded to Barclays Plc (BARC.L).
Dec 15, 2014 3:13 PM EST
Coca-Cola shareholder says CEO Kent should be replaced
Wintergreen Advisers, a minority shareholder in Coca-Cola Co (KO.N), said Chief Executive Muhtar Kent was "incapable of leading Coke's turnaround and should be replaced".
Dec 15, 2014 3:05 PM EST
Goldman files for a new batch of exchange-traded funds
Goldman Sachs Group Inc (GS.N) has filed for a slew of new exchange-traded funds, most of them alternative, another step by the Wall Street bank in its pursuit of the fast-growing, nearly $2 trillion U.S. ETF market.
Dec 15, 2014 3:01 PM EST
Oil slide roils emerging markets, stocks fall anew
Oil prices plumbed 5-1/2-year lows on Monday, pulling down emerging market assets and boosting demand for the safe-haven yen, while global equity markets slipped further after last week's rout amid nagging worries about worldwide growth.
Dec 15, 2014 2:59 PM EST
Slow demand, rising supply put further pressure on oil price: IEA
Oil prices are likely to come under further downward pressure, the International Energy Agency said on Friday, as it cut its outlook for demand growth in 2015 and predicted healthy non-OPEC supply gains would aggravate a global oil glut.
Dec 12, 2014 2:24 PM EST
Oil, materials lead Wall St towards weekly loss
U.S. stocks fell on Friday, putting the benchmark S&P 500 on track for its first weekly decline in eight, after a further drop in oil prices and disappointing data out of China pushed investors away from the raw materials sector.
Dec 12, 2014 2:14 PM EST
U.S. consumer sentiment at eight-year high
U.S. consumer sentiment rose in December to a near eight-year high on improved prospects for jobs and wages and on lower gasoline prices, a survey released on Friday showed.
Dec 12, 2014 2:12 PM EST
Crude rout hits stocks; safe-haven assets sought
The relentless slide in oil prices pressured energy stocks and currencies exposed to crude exports on Friday, while dousing the appetite for riskier assets and encouraging investors to seek safety in core government bonds.
Dec 12, 2014 2:10 PM EST
After years of doubts, Americans turn more bullish on economy
Pessimism and doubt have dominated how Americans see the economy for many years. Now, in a hopeful sign for the economic outlook, confidence is suddenly perking up.
Dec 12, 2014 2:08 PM EST
Pacific trade pact chances 'significantly' better than 50-50: Obama
Chances that U.S. negotiators can bring home a strong trade deal with Asia-Pacific countries are now much better than 50-50, U.S. President Barack Obama said on Thursday.
Dec 11, 2014 3:10 PM EST
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