us-hotdailynews: 2015-01-16 U.S. Business

FOREX-Euro pinned near 11-yr low as SNB move beefs up bets on ECB stimulus
Reuters
... * Euro nurses heavy wounds after shock SNB move. * SNB shocker heightens bets ECB will adopt QE next week (Updates details, adds quotes). By Ian Chua and Shinichi Saoshiro. SYDNEY/TOKYO, Jan 16 (Reuters) - The euro languished just above an ...

Swiss-Franc Move Cripples Currency Brokers   Wall Street Journal
Swiss Franc Fallout Helps Send Yen Climbing Against Euro   Bloomberg
Swiss central bank stuns market with policy U-turn   Reuters India
Businessweek
MarketWatch
Forbes
all 1,785 news articles »

Crude oil's collapse will cost 9000 jobs at Schlumberger
USA TODAY
Oilfield services giant Schlumberger plans to cut 9,000 jobs as the global collapse in crude oil prices crimps production in 2015 and perhaps even longer. The cuts — nearly 8% of Schlumberger's 120,000 workers, were announced Thursday "to better align ...

UPDATE 2-Schlumberger to slash 9000 jobs as oil prices plunge   Reuters
Oil slump claims 9000 jobs at Schlumberger   Houston Chronicle
Victims of cheap oil: Schlumberger cuts 9000 jobs   CNNMoney
Wall Street Journal
Businessweek
FOX 29
all 73 news articles »

OPEC Report Downgrades Demand for Its Oil as Prices Fall Again
New York Times
LONDON — The Organization of the Petroleum Exporting Countries issued a report on Thursday that downgraded demand for its crude for 2015, while also predicting slower oil-production growth in the United States. The report, which was prepared by the ...

Oil prices edge up on technical price momentum   AsiaOne
Oil market slips after rebound   The Nation
Lifting ban on crude oil exports could improve U.S. energy independence: Opinion   NJ.com
Reuters
all 305 news articles »

Target not alone in Canadian misfire
USA TODAY
Target has company when it comes to its Canadian troubles. Target's Thursday announcement of defeat in Canada may be one of the largest retreats from the country by a U.S. retailer, impacting 133 stores and more than 17,000 employees. But the news ...

Wal-Mart's low prices, long johns beat Target in Canada   The Seattle Times
Target is calling it quits in Canada   Dallas Morning News
'Arrogance' Blamed In Target Canada Flop Set To Cost 17600 Jobs   Forbes
Minneapolis Star Tribune
New York Times
Financial Post
all 1,049 news articles »

Citigroup Profit Plunges on Weak Trading and Legal Costs
New York Times
Photo. A Citigroup bank in Brooklyn. Citigroup, along with Bank of America and JPMorgan Chase, reported disappointing results.Credit Michelle V. Agins/The New York Times. Updated, 7:27 p.m. | A steeper than expected trading slowdown dented Citigroup's ...

Citigroup's (C) CEO Mike Corbat on Q4 2014 Results - Earnings Call Transcript (C)   Seeking Alpha
Citigroup says fourth-quarter profit dropped on legal costs   SFGate
Citi Slouches Into Crucial Year   Wall Street Journal
Quartz
Investor's Business Daily
MarketWatch
all 164 news articles »

Dish and Fox agree on a new carriage contract
USA TODAY
Fox News Network and Dish Network said Thursday they have settled their weeks-long battle over carriage fees, allowing Fox channels to be restored in the satellite pay-TV service. Fox News and Fox Business Network were dropped nationally from Dish's ...

Fox News, Dish Network reach deal; 2 channels return to Dish menu   Los Angeles Times
Dish reaches deal that brings back Fox news, business channels   Reuters
Fox News back on Dish Network   13WHAM-TV
LubbockOnline.com
Syracuse.com
Businessweek
all 71 news articles »

Reuters

Cheaper oil tames US producer inflation; jobless claims up
Reuters
Steel coils wait to be shrink wrapped and shipped to customers at the Severstal steel mill in Dearborn, Michigan June 21, 2012. Credit: Reuters/Rebecca Cook. Pallbearers carry the coffin of late satirical French magazine Charlie Hebdo cartoonist Bernard ...

US wholesale prices drop 0.3 percent in December   Boston Globe
Cheaper oil tugs US producer prices down   MarketWatch
Wholesale prices drop 0.3 percent in December   Observer-Reporter

all 165 news articles »

Intel Profit Rises 39%, but Losses in Mobile Devices Are Heavy
New York Times
SAN FRANCISCO — Intel ended 2014 on a high note, and appears confident that its momentum can continue. But the question is how much the company has to change to keep up the pace. Intel is the world's largest maker of semiconductors, powering all ...

Intel's $4.21 Billion Mobile Loss Would Have Sunk Most Rivals   Businessweek
Intel forecasts disappointing revenue; shares fall   Reuters
Intel Reports Record Q4 And Full Year Revenue   AnandTech
Financial Times
Computerworld
PCWorld
all 101 news articles »

Tech giants boost offer to $415M to settle no-poaching case
Computerworld
Hoping to avoid a potentially embarrassing trial, Google, Apple, Intel and Adobe have increased their offer to $415 million to settle a lawsuit that accuses them of cutting secret deals not to hire each other's workers. The offer comes after Judge Lucy Koh, of the ...

Apple and Google just settled the US staff poaching lawsuit for $415 mn   Firstpost
Tech Giants Offer $415 Million to Settle No-Poach Wage Class Action   Courthouse News Service
Apple, Google agree to pay $415 million to settle hiring conspiracy charges   Los Angeles Times
BBC News
all 93 news articles »

Judge's Ruling on Gulf Oil Spill Lowers Ceiling on the Fine BP Is Facing
New York Times
A federal judge will hold BP responsible for spilling 3.19 million barrels of oil into the Gulf of Mexico in the 2010 Deepwater Horizon disaster — a finding that could lead to a penalty of nearly $14 billion. Judge Carl J. Barbier of Federal District Court in New ...

BP spill dominated lesser than feared   Union Gazette
UPDATE 2-BP's max fine for spill cut by billions on court ruling   Reuters
BP saved billions in fines over Gulf spill   Sky News Australia
NDTV
BBC News
ABC News
all 138 news articles »

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