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Thursday, April 17, 2014, 5:05 p.m.
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China growth slides a bit to 7.4%

posted: 04/17/2014 3:19 a.m. Discuss

China’s economic growth slowed further in the latest quarter but appeared strong enough to satisfy Chinese leaders who are trying to put the country on a more sustainable path without politically dangerous job losses.

IBM revenue shrinks 8th-straight quarter

posted: 04/17/2014 3:15 a.m. Discuss

IBM’s first-quarter earnings fell and revenue came in below Wall Street’s expectations as amid ongoing decline in its hardware business, one that was exasperated by weaker demand in China and emerging markets.

Bitcoin trader denied bankruptcy shield

posted: 04/17/2014 3:14 a.m. Discuss

The Mt. Gox bitcoin exchange in Tokyo is headed for liquidation after a court rejected its bankruptcy protection application.

MARKET REPORT: Investor cheer buoys stocks again

posted: 04/17/2014 3:12 a.m. Discuss

Investors drove stock prices to their highest level in a week Wednesday, encouraged by a crop of corporate earnings and reassuring U.S. and Chinese economic data.

Business news in brief

posted: 04/17/2014 3:11 a.m. Discuss

QUOTE OF THE DAY “We know GM designed two different plungers and springs. They made an affirmative decision to use the cheaper one.” Joan Claybrook, former head of the National Highway Traffic Safety Administration

Airport chief to pitch Hawker site in U.K.

posted: 04/16/2014 3:26 a.m. Discuss

The Little Rock Municipal Airport Commission on Tuesday approved spending $6,000 to send its executive director, Ron Mathieu, to the Farnborough International Air Show in England in July to market the old Hawker Beechcraft facility.

Coke’s sales up despite soda drop

posted: 04/16/2014 3:24 a.m. Comment 1

Coca-Cola, the world’s biggest beverage maker, said Tuesday that the amount of soda it sold globally fell for first time in 15 years.

Business news in brief

posted: 04/16/2014 3:16 a.m. Discuss

QUOTE OF THE DAY “The more requirements you put on the highly regulated banks, the greater is the incentive to find ways around the tougher rules.” Bert Ely, independent banking consultant

Business news in brief

posted: 04/15/2014 2:34 a.m. Discuss

QUOTE OF THE DAY “Despite a quarter that was difficult for our company, we delivered strong results.” Michael L. Corbat, Citigroup’s chief executive officer

Business news in brief

posted: 04/12/2014 2:21 a.m. Discuss

QUOTE OF THE DAY “The confidence that we had going into 2014 got pushed back a couple months, but now we’re going to see it blossom in the spring.” Jay Morelock, an economist at FTN Financial in New York, on a report Friday that consumer confidence is on the upswing after a tough winter

Think bold, IMF urges finance chiefs

posted: 04/11/2014 2:09 a.m. Discuss

WASHINGTON — The head of the International Monetary Fund said Thursday the global economy is finally turning the corner after a deep recession, but the recovery remains too weak.

Toyota flaws affect 6.4 million vehicles

posted: 04/10/2014 5:17 a.m. Discuss

Toyota Motor Corp. is recalling nearly 1.8 million vehicles in the U.S. for various safety problems, including air bags that may fail to deploy.

Greece’s bond sale to be first in 4 years

posted: 04/10/2014 3:16 a.m. Discuss

Greece announced Wednesday that it was returning to international bond markets for the first time in four years amid growing signs of confidence in the country at the forefront of Europe’s debt crisis.

Business news in brief

posted: 04/10/2014 3:14 a.m. Discuss

QUOTE OF THE DAY “I’m against this deal. My concern is that as Comcast continues to get bigger, you’ll have even more power to exercise that leverage — to squeeze consumers.” Sen. Al Franken, D-Minn.

Toyota recalls about 6.4 million vehicles globally

posted: 04/09/2014 8:06 a.m. Discuss

TOKYO — Toyota Motor Corp. is recalling 6.39 million vehicles globally for a variety of problems spanning nearly 30 models in Japan, the U.S., Europe and other places.

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