U.S. Productivity Falls 1.9% in First Quarter

TODAY: July 4, 2015 PUB DATE: May 6, 2015

By Jeffrey Sparshott and Josh Mitchell WASHINGTON--U.S. worker productivity fell in the opening months of 2015, the latest sign of sluggish economic growth at the start of the year. The productivity of nonfarm workers, measured as the output of goods ...

Brazil's March Industrial Output Data Comes in Below Forecasts

TODAY: July 4, 2015 PUB DATE: May 6, 2015

By Paul Kiernan and Rogerio Jelmayer RIO DE JANEIRO--Brazil's industry fared even worse than economists had expected in the first quarter, with March data coming in below forecasts and numbers from February being revised lower. Industrial production declined 0.8% in ...

Thomson Reuters Unveils $1 Billion Stock Buyback Plan

TODAY: July 4, 2015 PUB DATE: May 6, 2015

By Tess Stynes Thomson Reuters Corp. said it plans to repurchase up to an additional $1 billion of its shares by the end of next year. The news and information service said it has substantially completed a previous $1 billion ...

Press Release: ECONOMIC GROWTH TO CONTINUE -4-

TODAY: July 4, 2015 PUB DATE: May 6, 2015

Manufacturing -- Operating rate is currently 79.5 percent of normal capacity. -- Production capacity is expected to increase 3.4 percent in 2015. -- Capital expenditures are expected to increase 3.1 percent in 2015. -- Prices paid decreased 1.9 percent through ...

Press Release: ECONOMIC GROWTH TO CONTINUE -2-

TODAY: July 4, 2015 PUB DATE: May 6, 2015

--------- --------- --------- --------- --------- --------- ------------ Higher 29% +12.9% 40% +11.1% 23% +14% --------- --------- --------- --------- --------- --------- ------------ Same 70% NA 59% NA 71% NA --------- --------- --------- --------- --------- --------- ------------ Lower 1% -5.0% 1% -12.5% ...

Apple Dives Again Into Bond Market--Update

TODAY: July 4, 2015 PUB DATE: May 6, 2015

By Mike Cherney Apple Inc. is back in the bond market. The company is looking to complete an $8 billion bond sale on Wednesday. One investor said the deal received about $20 billion in orders from buyers, allowing the company ...

ISM: April 2015 Outlook More Cautious Than in December

TODAY: July 4, 2015 PUB DATE: May 6, 2015

By Kathleen Madigan Revenues and employment are expected to rise further in 2015, but business executives are more cautious now than they were in December, according to surveys released Wednesday by the Institute for Supply Management. Some businesses are feeling ...

Netanyahu Forms New Government, Israel Radio Says -- Update

TODAY: July 4, 2015 PUB DATE: May 6, 2015

By Nicholas Casey and Joshua Mitnick TEL AVIV--Israeli Prime Minister Benjamin Netanyahu finalized a deal late Wednesday evening to establish a new governing coalition, concluding weeks of negotiations after his March 17 election landslide victory, Israel Radio reported. An announcement ...

BNP Paribas to Sell 7% Stake in Klepierre

TODAY: July 4, 2015 PUB DATE: May 6, 2015

By Noemie Bisserbe PARIS--French bank BNP Paribas SA (BNP.FR) said Wednesday it plans to sell a 7% stake in retail landlord Klepierre (LI.FR) in a private sale to institutional investors. Simon Property Group Inc. (SPG), which currently owns 18.3% of ...

U.S. Stocks End Lower

TODAY: July 4, 2015 PUB DATE: May 6, 2015

By Dan Strumpf U.S. stocks fell on Wednesday after Federal Reserve Chairwoman Janet Yellen drew attention to elevated valuations in the equity market. Ms. Yellen made the remarks in a conversation with International Monetary Fund Managing Director Christine Lagarde, who ...

A Forlorn End To California's Aviation Glory

TODAY: July 4, 2015 PUB DATE: May 6, 2015

(FROM THE WALL STREET JOURNAL 5/6/15) By Tarun Shukla Boeing Co. has started selling off giant equipment from its military-jet plant in Southern California, in an unusual factory auction that will close a chapter in the region's history as a ...

Senate Passes Budget Agreement--Update

TODAY: July 4, 2015 PUB DATE: May 6, 2015

By Nick Timiraos The Senate passed a bicameral budget agreement Tuesday following its adoption by the House last week and marking the first joint budget resolution to pass Congress since 2009. The proposal, which outlines deep cuts to eliminate deficits ...

Senate Passes Budget Agreement

TODAY: July 4, 2015 PUB DATE: May 6, 2015

By Nick Timiraos The Senate passed a bicameral budget agreement Tuesday, following its adoption by the House last week and marking the first joint budget resolution to pass Congress since 2009. The proposal, which outlines deep cuts to eliminate deficits ...

Rothesay Life Completes $1 Billion Buyout of Lehman Pensions

TODAY: July 4, 2015 PUB DATE: May 6, 2015

By Patrick Fitzgerald Corporate pension insurer Rothesay Life on Wednesday completed a GBP675 million ($1.02 billion) buyout of the pension plan for Lehman Brothers' European arm. Under the deal, the London-based insurer will take over the liability for the defined-benefits ...

Left-Leaning Party Sweeps to Power in Canada's Oil-Rich Alberta

TODAY: July 4, 2015 PUB DATE: May 6, 2015

By Chester Dawson CALGARY--The longtime ruling party of Canada's energy-rich Alberta province lost its four-decade hold on power on Tuesday, ushering in a left-leaning government that has pledged to raise corporate taxes and increase oil and gas royalties. The Alberta ...

Eurozone Growth Boosted by Spain, Italy

TODAY: July 4, 2015 PUB DATE: May 6, 2015

Economic growth in the eurozone eased less sharply than first estimated in April, as pickups in Spain and Italy partly offset slowdowns in Germany and France, according to surveys of purchasing managers. The surveys continue to indicate that the eurozone ...

Greece Jitters Rattle European Markets

TODAY: July 4, 2015 PUB DATE: May 6, 2015

By Josie Cox Concerns over the future of Greece continued to rattle European markets Wednesday, capping equity gains and putting pressure on government bonds. The Stoxx Europe 600, having sold off sharply Tuesday, fluctuated between small gains and losses in ...

India Moves a Step Closer Toward Streamlining Taxes

TODAY: July 4, 2015 PUB DATE: May 6, 2015

By Rajesh Roy NEW DELHI--India's lower house of parliament passed a bill Wednesday that sets the stage for the country to roll out a new, nationwide goods and services tax. The lower house passed what is called the Constitution Amendment ...