Business

Business News includes financial market updates across the globe and news about publicly traded companies

Business News – we publish news from across the globe relating to business that involves publicly traded companies in addition to stock market updates from financial markets around the world.

For a complete list of our categories visit our sitemap page or our Investor Central page offers a significant amount of business news.

BANGKOK | Asian shares mixed following advance on Wall Street

BANGKOK (AP) — Shares were mixed in Asia on Wednesday after a modestly high finish on Wall Street that extended the market’s gains into a fourth week. The Nikkei 225 index rose 0.6 percent to 21,431.49 despite news that Japan‘s exports sank 8.4 percent in January from a year earlier, far more than forecast. Hong … Continue reading BANGKOK | Asian shares mixed following advance on Wall Street

BANGKOK | Asian shares mostly higher, extending Wall St advance

BANGKOK (AP) — Shares were mostly higher in Asia on Wednesday after a modestly high finish on Wall Street that extended the market’s gains into a fourth week. The Nikkei 225 index rose 0.6 percent despite news that Japan’s exports sank 8.4 percent in January from a year earlier, far more than forecast. Hong Kong’s … Continue reading BANGKOK | Asian shares mostly higher, extending Wall St advance

PARIS | Lagerfeld’s legacy: Youthful designs, elaborate showmanship

PARIS (AP) — Karl Lagerfeld once created a Walmart-sized “Chanel Shopping Center” to show off his ready-to-wear collection. It featured aisle upon aisle of luxury foods labeled “one for the price of two.” Immediately after models had paraded through the aisles, guests raided the shelves. Rihanna posed in a shopping cart, and Keira Knightley looked … Continue reading PARIS | Lagerfeld’s legacy: Youthful designs, elaborate showmanship

NEW YORK | Payless files for bankruptcy, closing North American stores

NEW YORK (AP) — Payless ShoeSource has filed for Chapter 11 bankruptcy protection and is shuttering its remaining stores in North America. The filing on Monday came a day after the shoe chain began holding going-out-of-business sales at its North American stores. The company, based in Topeka, Kansas, updated the number of stores it is … Continue reading NEW YORK | Payless files for bankruptcy, closing North American stores

Consumer goods companies lead modest rebound in US stocks

U.S. stock indexes moved modestly higher in afternoon trading Tuesday as solid earnings from Walmart encouraged investors to bid up other retailers and consumer goods companies. Homebuilders also contributed to the gains following an industry survey showing improved confidence heading into the key spring homebuying season. Stocks spent much of the morning wavering between small … Continue reading Consumer goods companies lead modest rebound in US stocks

SPRINGFIELD, Ill. | Governor signs measure to hike Illinois minimum wage to $15

SPRINGFIELD, Ill. (AP) — Illinois Gov. J.B. Pritzker has signed a measure gradually hiking the state’s minimum wage to $15 an hour by 2025, the highest in the Midwest. It was one of the new Democratic governor’s top campaign promises. He signed the six-year plan Tuesday at the Governor’s Mansion. Illinois is on track to … Continue reading SPRINGFIELD, Ill. | Governor signs measure to hike Illinois minimum wage to $15

BRUSSELS | EU, UK to have more Brexit talks but key disagreement intact

BRUSSELS (AP) — British Prime Minister Theresa May, who will be traveling to European Union headquarters to seek an elusive breakthrough in Brexit negotiations, was told Tuesday on the eve of the talks that her most important demand is not even up for discussion. EU Commission spokesman Margaritis Schinas said “the EU27 will not reopen … Continue reading BRUSSELS | EU, UK to have more Brexit talks but key disagreement intact

NEW YORK | Walmart flexes in the fourth quarter, beats all expectations

NEW YORK (AP) — Walmart beat expectations on quarterly profit and revenue, and e-commerce sales surged during the critical holiday period. Shares moved sharply higher before the opening bell Tuesday. Walmart is the first major retailer to deliver fourth-quarter results and its performance provides more evidence that efforts to expand services online as well as … Continue reading NEW YORK | Walmart flexes in the fourth quarter, beats all expectations