EU, U.S. Expand Sanctions on Russia

Related Link: 

The European Union and the U.S., after much agonizing debate, adopted broad economic sanctions against Russia on Tuesday to punish Moscow's unbending stance in the Ukraine conflict.

In Prepaid Cards, Fortune Eludes the Famous

Related Link: 

Suze Orman, Magic Johnson and Lil Wayne are among the celebrities who have shuttered or scaled back prepaid-card ventures, as they struggle to compete with plain-vanilla cards issued by big banks.

Rewards, Risks for BP in Russia

Related Link: 

BP reported a rise in second-quarter profit, boosted by its investment in Russian energy group Rosneft, but warned that further economic sanctions on Russia could adversely impact its business.

Honda Profit Up 20%, Lifts Outlook

Related Link: 

Honda said its earnings rose 20% in the latest quarter, benefiting from growth sales gain, and the Japanese auto maker raised its profit outlook for the full year.

Klepierre to Buy Corio for $9.68 Billion

Related Link: 

French real-estate company Klepierre, which owns shopping malls across Europe, is to buy Dutch rival Corio for €7.2 billion ($9.68 billion) in a deal that will create an industry leader with €21 billion worth of assets.

DreamWorks Animation Reports Loss

Related Link: 

DreamWorks Animation swung to a second-quarter loss, as the film-animation studio saw revenues dive nearly 43%.

Twitter's User Growth Picks Up

Related Link: 

Twitter said its second-quarter revenue more than doubled and the company saw an uptick in user growth, signaling its efforts to make the short messaging service more appealing to the masses may be bearing fruit.

Panera Bread's Quarterly Profit Slips on Higher Costs

Related Link: 

Panera Bread's second-quarter net profit slipped as higher costs masked an uptick in sales.

Couche-Tard Buys 55 Convenience Stores in U.S. Midwest

Related Link: 

Alimentation Couche-Tard Inc. Tuesday bulked up its operations in the U.S. Midwest by agreeing to acquire 55 convenience stores and related assets from privately held Tri Star Marketing Inc. for an undisclosed amount in cash.

NCAA Settles Head-Injury Lawsuit

Related Link: 

The NCAA has agreed to settle a class-action lawsuit over head injuries. Plus, goalkeeper Tim Howard's TV career is expanding.

Syndicate content