US stock futures mixed after European rate cut

U.S. stock futures are mixed after the European Central Bank cut a key interest rate by a quarter-point.
The rate cut was roughly in line with […]

Qantas flights back to normal after grounding

Qantas Airways said its flights were back on schedule Tuesday, a day after an Australian court ruling ended 48 hours of travel chaos stemming from […]

IMF official retracts statement on bond purchases

In a dramatic turnaround, a senior official for the International Monetary Fund on Wednesday retracted an earlier comment that the IMF could intervene in bond […]

Feds: competition concerns in Duke-Progress merger

Federal energy regulators are giving Duke Energy and Progress Energy 60 days to describe how they would remedy anticompetitive effects of their merger in their […]

Ameristar announces stock buyback plan

Ameristar Casinos announced today that its directors have authorized a stock repurchase of up to $75 million.
The Las Vegas-based gaming company, owner of Ameristar Casino […]

Legislators to face off over China hub

On Tuesday, Missouri lawmakers will start debating $360 million in proposed tax breaks to help turn St. Louis’ underused airport into a bustling international cargo […]

Retailers report solid gains for August

Retailers are reporting solid revenue gains for August, capping what’s winding up to be a solid back-to-school season despite wild stock market swings and worries […]

Katia gaining strength, could become a hurricane

Tropical Storm Katia (KAH’-tee-yah) is gaining strength as it moves quickly across the Atlantic and could become a hurricane later in the day.
Early Wednesday, Katia’s […]

Foster’s rejects SABMiller $10B takeover offer

Australia’s biggest brewer Foster’s Group Ltd. has again rejected a $10 billion cash takeover offer from London-based rival SABMiller PLC, reiterating that the bid significantly […]

Short-selling banned in 4 European countries

France, Italy, Spain and Belgium are banning short-selling amid efforts to calm market turmoil that has sent bank shares gyrating wildly and aggravated worries about […]