U.S. Stocks Edge Lower

TODAY: March 2, 2015 PUB DATE: Dec. 4, 2014

By Saumya Vaishampayan And Alexandra Scaggs U.S. stocks opened lower after European Central Bank President Mario Draghi said the bank will assess the need for more stimulus measures early next year. Mr. Draghi said growth and inflation expectations have come ...

Oil's Slump Threatens Norway's Economy

TODAY: March 2, 2015 PUB DATE: Dec. 4, 2014

By Kjetil Malkenes Hovland OSLO--A sharp drop in oil prices since the summer is creating a heap of trouble for Norway. Big investments in the oil sector have helped keep the Nordic country's economy humming along in recent years while ...

MARKET SNAPSHOT: Stocks Retreat From Records As Jobs Report Looms

TODAY: March 2, 2015 PUB DATE: Dec. 4, 2014

By Victor Reklaitis and Barbara Kollmeyer, MarketWatch Sharing the spotlight: ECB, energy and retail NEW YORK (MarketWatch) -- The U.S. stock market finished with small losses Thursday, having faded after jumping to intraday records in the early afternoon. The market ...

Publicis Says Sapient Buy Will Boost Growth

TODAY: March 2, 2015 PUB DATE: Dec. 4, 2014

By Ruth Bender PARIS-- Publicis Groupe SA sought to convince investors Thursday that its purchase of U.S. digital and consultancy company Sapient Corp. will help kick-start growth after a year marked by the failed merger with a key rival and ...

China The Exception To The Rule -- Barron's Asia

TODAY: March 2, 2015 PUB DATE: Dec. 4, 2014

By Michael W Parker The threshold question about Asia heading into 2015 remains: the nature of China's slowdown. In the fourth year of arguing whether China is having a hard or a soft landing, we have our answer, by default. ...

House Approves Temporary Tax Breaks--Update

TODAY: March 2, 2015 PUB DATE: Dec. 4, 2014

By John D. McKinnon WASHINGTON--The House on Wednesday passed a bill extending a raft of temporary tax breaks, but only through the rest of this year, reflecting lawmakers' struggles over tax policy even in relatively short-term measures. The vote was ...

Obama Meets With McConnell Ahead of Budget Deadline -- Update

TODAY: March 2, 2015 PUB DATE: Dec. 4, 2014

By Colleen McCain Nelson President Barack Obama met with incoming Senate Majority Leader Mitch McConnell (R., Ky.) at the White House on Wednesday, in a rare one-on-one conversation between the two leaders. With a deadline looming to pass legislation that ...

Australian Retail Sales Show Strength

TODAY: March 2, 2015 PUB DATE: Dec. 4, 2014

By James Glynn SYDNEY--Australian retail sales grew by more than expected in October--building on September's strong gain--signaling that record-low interest rates are beginning to support consumer demand. Retail sales rose by 0.4% in October from September, government figures showed Thursday, ...

Dollar Hits Fresh 7-Year High But Falls Short of Y120

TODAY: March 2, 2015 PUB DATE: Dec. 4, 2014

By Hiroyuki Kachi The dollar failed to hit the Y120 mark against the yen in Asian trade Thursday, with investors reluctant to push the greenback past the threshold ahead of a European Central Bank policy meeting and the release of ...

Putin Calls for Push Against Ruble "Attack"

TODAY: March 2, 2015 PUB DATE: Dec. 4, 2014

MOSCOW--Russian President Vladimir Putin told lawmakers Thursday that the time has come to push back against what he described as a "speculative attack" on the ruble, but the currency still remained under pressure as he spoke. Mr. Putin's comments came ...

BOE Keeps Benchmark Rate on Hold

TODAY: March 2, 2015 PUB DATE: Dec. 4, 2014

LONDON--The Bank of England kept its benchmark interest rate on hold Thursday as cooling inflation eases the pressure for higher borrowing costs. The U.K. central bank said its rate-setting panel agreed to leave the benchmark rate at a low of ...

Euro Continues to Fall Ahead of ECB Meeting

TODAY: March 2, 2015 PUB DATE: Dec. 4, 2014

By Tommy Stubbington The euro nudged down to a fresh two-year low against the dollar Thursday ahead of the European Central Bank's monthly meeting, with expectations of further easing running high. The ECB is widely expected to leave interest rates ...

Brazil Congress Allows Country to Miss Budget Target

TODAY: March 2, 2015 PUB DATE: Dec. 4, 2014

By Jeffrey T. Lewis SÃO PAULO--Brazil's congress early Thursday morning approved a measure that allows the government to miss its primary budget surplus target for this year. The vote came after lawmakers were forced by protests to suspend a session ...

Thai Consumer Confidence Pressured Down by Slow Economic Recovery

TODAY: March 2, 2015 PUB DATE: Dec. 4, 2014

By Nopparat Chaichalearmmongkol BANGKOK -- Thailand's consumer sentiment weakened in November due to slow local growth and an uncertain global economic outlook, a monthly survey showed. November's consumer confidence index, compiled from 2,245 samples late last month, stood at 79.4 ...

Barnes & Noble, Microsoft Terminate Nook Partnership -- 3rd Update

TODAY: March 2, 2015 PUB DATE: Dec. 4, 2014

By Chelsey Dulaney Barnes & Noble Inc. said it has terminated its commercial agreement for its Nook e-reader with Microsoft Corp., a move it said provides a clearer path toward the impending split of its business. The bookstore retailer bought ...

U.S. Jobless Claims Fell to 297,000 in Nov. 29 Week

TODAY: March 2, 2015 PUB DATE: Dec. 4, 2014

By Sarah Portlock and Eric Morath WASHINGTON-The number of Americans filing for first-time jobless benefits fell last week and were hovering near eight-year lows, the latest indication of an improving labor market. Initial jobless claims fell by 17,000 to a ...

EU Opens Probe Into Orange's Acquisition of Jazztel--Update

TODAY: March 2, 2015 PUB DATE: Dec. 4, 2014

By Tom Fairless BRUSSEL--Antitrust regulators in the European Union have opened an in-depth probe into Orange SA's EUR3.4 billion ($4.19 billion) bid for Spanish broadband and cellphone operator Jazztel SA, throwing down a hurdle to a deal that would significantly ...

Russia to Monitor Forex Trade For Manipulation

TODAY: March 2, 2015 PUB DATE: Dec. 4, 2014

MOSCOW-The Bank Of Russia said Thursday it will consider launching an investigation if it sees a manipulation against the ruble on the currency market. The ruble has lost around 40% versus the dollar so far this year, suffering the main ...