search

Web Search powered by YAHOO! SEARCH
AP Top Business News at 4:32 a.m. EDT

The Consumer Financial Protection Bureau has proposed a massive overhaul of the multibillion dollar debt-collection industry
NEW YORK (AP) -- The Consumer Financial Protection Bureau proposed a massive overhaul of the multibillion dollar debt-collection industry on Thursday, which would restrict collectors from calling numerous times a day, require them to have more documentation on what's owed, and give people more ability to dispute their bills....

Facebook is force-feeding its mobile Messenger app to more people as part of the social network's effort to reel in a bigger audience for advertising and other moneymaking opportunities in the future
SAN FRANCISCO (AP) -- Facebook is once again getting pushy about how people message one another....

Lloyds Banking Group says it is cutting 3,000 more jobs and closing an additional 200 branches as it adjusts to changing consumer behavior and the uncertainty created by Britain's decision to leave the European Union
LONDON (AP) -- Lloyds Banking Group says it is cutting 3,000 more jobs and closing an additional 200 branches as it adjusts to changing consumer behavior and the uncertainty created by Britain's decision to leave the European Union....

Royal Dutch Shell says earnings for the 2nd quarter fell 72 percent as low oil prices challenge the business
LONDON (AP) -- Royal Dutch Shell says second-quarter earnings fell 72 percent as low oil prices challenge the profitability of the business....

Volkswagen says second-quarter profits by more than half compared to the same period last year before the company was hit by the emissions cheating scandal
BERLIN (AP) -- Volkswagen says second-quarter profits fell by more than half compared with the same period last year, before the company was hit by the emissions cheating scandal....

You'd be wrong to think that Facebook's Messenger app is all about messaging
NEW YORK (AP) -- You'd be wrong to think that Facebook's Messenger app is all about messaging....

Credit Suisse says second-quarter net profit plunged 84 percent as the Swiss bank pressed on with a restructuring and revaluation of its investment banking portfolio
GENEVA (AP) -- Credit Suisse says second-quarter net profit plunged 84 percent as the Swiss bank pressed on with a restructuring and revaluation of its investment banking portfolio....

Cable companies getting serious about customer service sounds like a joke, but they've poured millions into new tools and staff
NEW YORK (AP) -- Did you hear the one about the cable company that's actually improving customer service? The punchline: Comcast and its rivals say it's no joke....

SoftBank Group Corp., the Japanese technology company that owns U.S. wireless carrier Sprint Corp., is reporting a fiscal first quarter profit of 254.2 billion yen ($2.4 billion), up 19 percent from the same period last year
TOKYO (AP) -- SoftBank Group Corp., the Japanese technology company that owns U.S. wireless carrier Sprint Corp., reported Thursday a fiscal first quarter profit of 254.2 billion yen ($2.4 billion), up 19 percent from the same period last year....

Facebook's stock is soaring after hours following better-than-expected results for the second quarter
NEW YORK (AP) -- Facebook's stock is trading higher after the world's biggest social media company handily surpassed Wall Street's expectations for the second quarter, barreling ahead on mobile advertisements, user growth and the next frontier - video....

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
Spanish energy company Repsol says it posted a net profit drop of 30 percent in the second quarter compared to the same period last year mainly because of workforce restructuring costs

SoftBank Group Corp., the Japanese technology company that owns U.S. wireless carrier Sprint Corp., is reporting a fiscal first quarter profit of 254.2 billion yen ($2.4 billion), up 19 percent from the same period last year

Lloyds Banking Group says it is cutting 3,000 more jobs and closing an additional 200 branches as it adjusts to changing consumer behavior and the uncertainty created by Britain's decision to leave the European Union

Anglo-Swedish drugmaker AstraZeneca says second-quarter earnings fell 22 percent after sales of its blockbuster cholesterol drug Crestor dropped sharply after a generic alternative came on the market in the United States

Royal Dutch Shell says earnings for the 2nd quarter fell 72 percent as low oil prices challenge the business

Asian shares were mostly lower Thursday as investors digested an upbeat Fed assessment of the U.S. economy that raised the prospect of further rate hikes

Business Highlights

Prompted by growing North American demand for its vans, Mercedes-Benz Vans broke ground Wednesday on a new $500 million assembly plant in South Carolina

Whole Foods says quarterly sales at established locations declined again as it fights to distinguish itself from competitors that are also offering organic and natural foods

Twitter and Akamai Technologies slip on Wall Street, while Apple and Edwards Lifesciences advance


advertisement