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Tuesday, January 27, 2015, 2:23 a.m.
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U.S.-Cuba thaw brightens outlook for port

posted: 01/26/2015 2:25 a.m. Discuss

MARIEL, Cuba -- The deepwater port of Mariel, once the site of an exodus of refugees to the United States, stands to be a stage for a new chapter in Cuba's history, one that flirts with global trade and free markets.

Japan looks for strategy to boost stagnant wages

posted: 01/25/2015 2:23 a.m. Discuss

Restoring Japan's industrial competitiveness is the key to fueling wage gains that the Abe government and the central bank are counting on to ensure inflation takes hold, according to Labor Minister Yasuhisa Shiozaki.

VW set to pass sales champ Toyota

posted: 01/22/2015 2:28 a.m. Discuss

Toyota Motor Corp., which fended off Volkswagen AG to remain the world's top automaker in 2014, is on pace to lose the sales crown as early as this year as it falls behind in China, the world's biggest auto market.

European bank chief to pitch $1.3 trillion in bond buying

posted: 01/22/2015 2:27 a.m. Discuss

Mario Draghi will call today on the European Central Bank to make its biggest push yet to fend off deflation and revive the economy by unleashing a debt-buying spree of $1.3 trillion.

Business news in brief

posted: 01/22/2015 2:23 a.m. Discuss

Simmons bank to release 2014 earnings Simmons First National Corp. of Pine Bluff is scheduled to release its fourth-quarter and 2014 earnings report today.

China's economic growth slides

posted: 01/21/2015 2:27 a.m. Discuss

China's economic growth slowed to 7.4 percent in 2014 and is forecast to slip further over the next two years.

U.S. attracts more global investors

posted: 01/21/2015 2:25 a.m. Discuss

The United States has overtaken China as the No. 1 investment destination among chief executives around the world, a survey found Tuesday.

IMF cuts growth outlook on lulls in Europe, Asia

posted: 01/21/2015 2:22 a.m. Discuss

The International Monetary Fund lowered its forecasts for global growth over the next two years, warning Tuesday that weakness in most major economies will trump gains from lower oil prices. The IMF's report was released as China reported its slowest growth in 24 years.

Market report: Tech-stock surge soothes rocky trading

posted: 01/21/2015 2:17 a.m. Discuss

A late rise in technology stocks helped the U.S. stock market stagger to a tiny gain after a choppy day of trading Tuesday.

Business news in brief

posted: 01/21/2015 2:10 a.m. Discuss

2 take executive positions at Windstream Kevin Halpin has been named senior vice president of process development and improvement for Windstream Holdings Inc., the Little Rock company said Tuesday.

Traders look to cash in on storage of crude oil

posted: 01/18/2015 2:12 a.m. Discuss

GENEVA — With oil prices dropping 60 percent since June, analysts are saying one of the keys to surviving and thriving amid the carnage in global markets is having a place to store the stuff.

Commodities rout pulls in copper

posted: 01/18/2015 2:05 a.m. Discuss

TORONTO -- Copper's plunge is leaving the world's largest mining companies with nowhere left to hide from the commodities slump and is increasing pressure on them to cut spending and dividends.

Swiss franc surge hits brokerages

posted: 01/17/2015 2:06 a.m. Discuss

LONDON -- The quick ascent of the Swiss franc, one of the biggest moves in decades by a major currency, has hurt financial firms around the world, with at least two brokerages going out of business and another seemingly on the cusp.

Target to end foray into Canada

posted: 01/16/2015 1:54 a.m. Discuss

Target Corp.'s pending exit from Canada presents Wal-Mart Stores Inc. an opportunity for further growth north of the border.

Swiss lift anchor, let currency go

posted: 01/16/2015 1:50 a.m. Discuss

LONDON -- The Swiss franc appreciated 30 percent Thursday against both the euro and the dollar after the country's central bank ditched a policy to limit the rise of the currency.

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