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When Ben Bradlee hired a deputy business editor

Talking Biz News - 1 hour 30 min ago
Steven Pearlstein, a business columnist for the Washington Post, writes about how former executive editor Ben Bradlee, who died Tuesday at the age of 93, hired him in 1987 to become the paper’s deputy...

AT&T revenue misses forecasts as more customers bring own phones

Breaking Business News - 2 hours 5 min ago
WASHINGTON (Reuters) - AT&T Inc on Wednesday reported a rise in quarterly revenue, but the increase was less than Wall Street expected as a wave of subscribers plugged into the network using pre-purchased devices.






Wall St. ends lower after shooting at Canadian parliament

Breaking Business News - 2 hours 41 min ago
NEW YORK (Reuters) - U.S. stocks erased earlier gains to close lower on Wednesday as a shooting at the Canadian parliament unnerved investors, Boeing and Biogen sold off following results, and energy stocks fell along with oil prices.






P&G shuffles management, focuses on streamlining co

Breaking Business News - 3 hours 14 min ago
CHICAGO (Reuters) - Procter & Gamble Co said on Wednesday that the head of its North American business, Melanie Healey, will retire next June, as the company puts together a new leadership team in an effort to revive sagging sales growth and gain market share.

U.S. Court hears arguments on sex discrimination at Goldman Sachs

Breaking Business News - 4 hours 1 min ago
NEW YORK (Reuters) - Goldman Sachs Group on Wednesday attacked expert evidence offered by attorneys for former female employees in a U.S. federal sex discrimination lawsuit, arguing there was no pattern of gender-based pay and promotion disparities at the bank.

U.S. prosecutors probe Takata Corp over statements: WSJ

Breaking Business News - 4 hours 5 min ago
NEW YORK (Reuters) - U.S. federal prosecutors are trying to determine whether Japanese auto parts maker Takata Corp misled U.S. regulators about the number of defective air bags it sold to automakers, including Toyota Motor Corp and Honda Motor Co Ltd, The Wall Street Journal reported on Wednesday.






Divided SEC adopts mortgage rule, decries lax lending

Breaking Business News - 4 hours 46 min ago
WASHINGTON (Reuters) - U.S. securities regulators adopted a rule on Wednesday designed to avert another financial crisis, but two officials dissented, saying it did not do enough to discourage banks from lending to borrowers with shaky credit and then passing the mortgage risk to investors.






U.S. inflation muted in September as energy costs drop

Breaking Business News - 5 hours 36 min ago
WASHINGTON (Reuters) - U.S. consumer prices rose marginally in September, painting a weak inflation picture that should give the Federal Reserve ample room to keep interest rates low for a while.






U.S. regulators expand number of vehicles affected by Takata recalls

Breaking Business News - 6 hours 25 min ago
DETROIT (Reuters) - U.S. safety regulators on Wednesday expanded the number of vehicles in the United States that may be affected by recalls for potentially defective Takata Corp air bags that could spray shrapnel at occupants.






Boeing profit jumps 18 percent, but cash is scarce

Breaking Business News - 6 hours 27 min ago
(Reuters) - Boeing Co reported an 18 percent increase in quarterly profit and raised its full-year core earnings forecast for the third time, reflecting booming commercial aircraft demand and increasing profitability in its defense business.






Weisenthal: Why covering the markets is fun

Talking Biz News - 6 hours 44 min ago
Joe Weisenthal, the executive editor of Business Insider leaving for a job at Bloomberg Media, writes Wednesday about why he enjoys covering the financial markets. Weisenthal writes, “Now it’s obvious that for a markets...

JPMorgan was alerted of hiring concerns in China before U.S. probe: WSJ

Breaking Business News - 6 hours 53 min ago
(Reuters) - JPMorgan Chase & Co executives in New York were aware of potential problems tied to its recruitment practices in China well before U.S. regulators launched a probe into the issue, the Wall Street Journal reported, citing sources and documents it reviewed.

UK's Lloyds to cut 9,000 jobs over next three years: sources

Breaking Business News - 6 hours 56 min ago
LONDON (Reuters) - Lloyds Banking Group will next week announce plans to cut 9,000 jobs over the next three years, sources familiar with the matter told Reuters on Wednesday.






UK's Lloyds to cut 9,000 jobs over next three years: sources

Breaking Business News - 6 hours 58 min ago
LONDON (Reuters) - Lloyds Banking Group will next week announce plans to cut 9,000 jobs over the next three years, sources familiar with the matter told Reuters on Wednesday.

Bloomberg’s Matthews on covering economic trends

Talking Biz News - 8 hours 7 min ago
Lauren Meller of Bloomberg’s public relations staff interviewed Bloomberg News economics reporter Steve Matthews on how he covers economic trends. Here is an excerpt: You recently wrote a story about how some states have...

NYPost hires Kussin to cover real estate

Talking Biz News - 8 hours 33 min ago
Zachary Kussin, a real estate reporter in New York, has been hired to cover the beat for the New York Post. His first day will be Nov. 10. He replaces Max Gross, who resigned...

CNBC digital operations set record in September

Talking Biz News - 8 hours 41 min ago
CNBC’s digital operations posted its best month ever in September with 14.3 million unique visitors, up 31 percent compared to last year at this time, according to the September 2014 comScore Multi-platform Report US....

U.S. regulators expand number of vehicles affected by Takata recalls

Breaking Business News - 9 hours 47 min ago
DETROIT (Reuters) - U.S. safety regulators on Wednesday expanded the number of vehicles in the United States that may be affected by recalls for potentially defective Takata Corp air bags that could spray shrapnel at occupants.

Total names refining boss to replace de Margerie

Breaking Business News - 9 hours 53 min ago
PARIS (Reuters) - French oil company Total has appointed refining boss Patrick Pouyanne as chief executive to succeed Christophe de Margerie who was killed in a plane crash in Moscow this week.






Dow Chemical to cut $1 billion in costs over three years

Breaking Business News - 9 hours 54 min ago
(Reuters) - Dow Chemical Co , the No. 1 U.S. chemical maker by sales, said it was looking to cut fixed costs by $1 billion over the next three years, building on reductions that have helped boost margins.