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Today's top business headlines from across the world. We thank all of the fine daily newspapers that allow the feeds. Without the daily papers, and their resources, there would not be the quality and breadth of news available to us all.


Top business headlines

Todays Top Business News
From around the world and across the street.

Wall Street opens lower as chip stocks, Apple drag
11 minutes ago
(Reuters) - The benchmark S&P 500 index and the Nasdaq opened lower after three days of gains on Thursday as technology stocks took a beating from Apple's decline and weakness in chipmakers.
[From Reuters: Business News]
Cell phones, biometrics fuel jump in bank account ownership
by By KEN SWEET
12 minutes ago
NEW YORK (AP) -- Roughly seven out of every 10 adults worldwide now has some form of a bank account, the World Bank said Thursday, largely due to by the proliferation of cell phone-based bank accounts and other simple bank account programs in places like India and Sub-Saharan Africa....
[From AP Top Business News at 9:47 a.m. EDT]
P&G reports flat 3Q profit, buys Merck unit
25 minutes ago
NEW YORK (AP) -- Procter & Gamble Co. reported flat fiscal third-quarter profit as it faces increased competition for consumer products such as shaving cream and household goods....
[From AP Top Business News at 9:47 a.m. EDT]
P&G earnings beat as struggling retailers, costs eat into margins
29 minutes ago
(Reuters) - The world's largest consumer goods maker Procter & Gamble Co narrowly beat quarterly earnings expectations on Thursday, saying shrinking retailer inventories and higher commodities and transportation costs squeezed margins.
[From Reuters: Business News]
Takeda in talks with Shire after $61 billion bid rejected
31 minutes ago
LONDON/NEW YORK (Reuters) - Japan's Takeda Pharmaceutical is in negotiations with Shire after making a third takeover bid worth around $61 billion that was rejected by the London-listed rare diseases drugmaker.
[From Reuters: Business News]
Oil climbs on Saudi price ambitions and U.S. stocks draw
33 minutes ago
LONDON (Reuters) - Oil prices kept rising to their highest since late 2014 as U.S. crude inventories declined, moving closer to five-year averages, and after sources told Reuters that top exporter Saudi Arabia aims to push prices even higher.
[From Reuters: Business News]
Lyft to offset emissions from rides with projects combating climate change
53 minutes ago
SAN FRANCISCO (Reuters) - Lyft Inc is launching a program on Thursday to offset emissions from the 1.4 million cars that drive for the U.S. ride-hailing service by investing in projects to reduce other sources of greenhouse gas, the company said.
[From Reuters: Business News]
Russia joins bid to win compensation over US metals tariffs
55 minutes ago
GENEVA (AP) -- Russia has joined the European Union, India and China in demanding compensation from the United States for its tariffs on foreign steel and aluminum....
[From AP Top Business News at 9:47 a.m. EDT]
Venture capital firm Fort Ross aims to bring more U.S. startups to Russia
1 hour ago
SAN FRANCISCO (Reuters) - A venture capital firm aiming to bring more U.S. startups to Russia has raised a $200 million fund, hoping to use the fresh pool of money to help Silicon Valley companies deliver their services to Russia's biggest corporations and its millions of internet-connected consumers.
[From Reuters: Business News]
U.S. ban on sales to ZTE triggers patriotic rhetoric in China
1 hour ago
HONG KONG (Reuters) - A U.S. ban on sales of American components to ZTE Corp has unleashed a patriotic backlash in China's cyberspace, highlighting the growing tension between the world's two largest economies.
[From Reuters: Business News]
Exclusive: China looks to speed up chip plans as U.S. trade tensions boil - s...
1 hour ago
BEIJING (Reuters) - China is looking to accelerate plans to develop its domestic semiconductor market amid a fierce trade stand-off with the United States and a U.S. ban on sales to Chinese phone maker ZTE that has underscored the country's reliance on imported chips.
[From Reuters: Business News]
New data: Americans filling far fewer opioid prescriptions
by By LINDA A. JOHNSON
1 hour ago
TRENTON, N.J. (AP) -- New data show that the number of prescriptions for opioid painkillers filled in the U.S. fell dramatically last year. They showed their biggest drop in 25 years....
[From AP Top Business News at 9:47 a.m. EDT]
Trade issues expose the limits of Trump-Abe 'bromance'
by By ZEKE MILLER and JILL COLVIN
1 hour ago
PALM BEACH, Fla. (AP) -- Japanese Prime Minister Shinzo Abe courted the new American president with a golden driver not long after Donald Trump won the White House. He's met with the billionaire businessman more than any other world leader, and he is Trump's second-most frequent caller....
[From AP Top Business News at 9:47 a.m. EDT]
Qualcomm concessions insufficient to clinch NXP deal: commerce ministry
2 hours ago
BEIJING (Reuters) - U.S. chipmaker Qualcomm will have to do more to complete its proposed takeover of NXP Semiconductors , a commerce ministry spokesman said on Thursday.
[From Reuters: Business News]
Men arrested at Starbucks say they feared for their lives
by By ERRIN HAINES WHACK
2 hours ago
PHILADELPHIA (AP) -- Rashon Nelson initially brushed it off when the Starbucks manager told him he couldn't use the restroom because he wasn't a paying customer....
[From AP Top Business News at 9:47 a.m. EDT]
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