Business News

KDWN

17 hours ago

European stocks mixed after Asia falls; Tokyo down 3 percent

SEOUL, South Korea (AP) — European shares were mostly higher Monday despite a weak start for the week in Asia, where the Tokyo benchmark fell more than 3 percent as investors registered their disappointment over the lack of fresh stimulus from Japan's central bank….

KDWN

17 hours ago

Buffett praises Fed but warns of unintended consequences

OMAHA, Neb. (AP) — Investor Warren Buffett says the Federal Reserve and other policymakers are generally doing a good job, but it's difficult to predict all the effects of interest rates remaining low for this long….

KDWN

20 hours ago

Reckitt Benckiser Korea apologizes for deadly sterilizers

SEOUL, South Korea (AP) — British consumer goods company Reckitt Benckiser has apologized and accepted responsibility for selling deadly disinfectants that killed or injured about 180 people….

KDWN

20 hours ago

Asian markets start week lower; Tokyo slumps 3 percent

SEOUL, South Korea (AP) — Asian stock markets fell Monday as investors registered their disappointment over the lack of fresh stimulus from Japan's central bank. The surge in the Japanese yen and bleak readings from a monthly factory managers' survey did little to lighten the gloom….

KDWN

23 hours ago

Asian markets start week lower. Tokyo slumps 3.6 percent

SEOUL, South Korea (AP) — Asian stock markets fell Monday as investors registered their disappointment over the lack of fresh stimulus from Japan's central bank. The surge in the Japanese yen and bleak readings from a monthly factory managers' survey did little to lighten the gloom….

KDWN

2 days ago

Berkshire Hathaway’s 1Q profit up 8 percent on paper gain

OMAHA, Neb. (AP) — Berkshire Hathaway's first-quarter profit grew 8 percent largely because of the way it had to account for its Duracell acquisition on paper, but profits fell at its BNSF railroad and at its insurance units….

KDWN

3 days ago

Regulators close small Tennessee bank

NEW YORK (AP) — Regulators are closing a small Tennessee bank, marking the second failure of a federally insured bank this year….

KDWN

3 days ago

US stocks hit by health care woes but avoid bigger losses

NEW YORK (AP) — U.S. stocks fell Friday as health care and technology companies continued to report weak first-quarter results, but thanks to some late buying, they managed to avoid major losses….

KDWN

3 days ago

US places 5 countries on trade monitoring list

WASHINGTON (AP) — The Treasury Department has placed five countries – China, Japan, Germany, South Korea and Taiwan – on a new monitoring list designed to pressure foreign governments to tackle large trade imbalances with the United States….

KDWN

3 days ago

Molina Healthcare and Seagate skid, Amazon surges

NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq stock market:…