EUROPE MARKETS: European Stocks End Lower As Doubt Creeps In Over ECB Hopes

TODAY: Feb. 12, 2016 PUB DATE: Dec. 2, 2015

By Sara Sjolin, MarketWatch Volkswagen drops, Greene King jumps; euro falls below $1.06 European stock markets erased earlier sharp gains on Wednesday, as investors started to question whether the European Central Bank can fulfill the sky-high expectations for aggressive easing ...

Hanergy Thin Film Cancels Sales Contracts With Two Customers

TODAY: Feb. 12, 2016 PUB DATE: Dec. 2, 2015

HONG KONG?A solar technology company at the center of a Hong Kong regulatory probe said Wednesday it canceled sales contracts with two customers after they missed a deadline to pay for some of their purchases. Hanergy Thin Film Power Group ...

US Productivity TKTK

TODAY: Feb. 12, 2016 PUB DATE: Dec. 2, 2015

By David Harrison and Kate Davidson WASHINGTON--U.S. worker productivity advanced moderately this summer as workers put in fewer hours while output and compensation grew. The productivity of nonfarm workers, measured as the output of goods and services per hour worked, ...

Canada's Sun Life Boosts Indian Insurance Venture Stake

TODAY: Feb. 12, 2016 PUB DATE: Dec. 2, 2015

By Judy McKinnon Sun Life Financial Inc., Canada's third-largest insurance company by assets, said Wednesday it will boost its stake in its Indian insurance joint venture to 49% from 26%, expanding in what it considers a key growth market. Toronto-based ...

Fed's Harker: Young People Face 'Significant Barriers' in Job Market

TODAY: Feb. 12, 2016 PUB DATE: Dec. 2, 2015

Young people continue to confront "significant barriers" in the job market despite the U.S. economy's rebound in recent years, Federal Reserve Bank of Philadelphia President Patrick Harker said Wednesday. "In order to meet the needs of our young people and ...

Fed Beige Book: Economy Expanding at 'Modest' Pace

TODAY: Feb. 12, 2016 PUB DATE: Dec. 2, 2015

By Jeffrey Sparshott and Josh Mitchell WASHINGTON--The U.S. economy expanded at a modest pace into November amid rising consumer spending and a tightening labor market, the Federal Reserve said on Wednesday. The Fed found modest, moderate or steady growth in ...

Coffee Dips Amid Concerns Over Brazilian Supply

TODAY: Feb. 12, 2016 PUB DATE: Dec. 2, 2015

By Carolyn Cui Coffee futures edged down Wednesday amid renewed concerns over abundant supply out of Brazil, the world's largest producer and exporter of coffee. Prices for Arabic coffee to be delivered in March fell 0.2% in recent trading to ...

U.S. Wages Show Signs of Breaking Out -- 2nd Update

TODAY: Feb. 12, 2016 PUB DATE: Dec. 2, 2015

By David Harrison American workers are starting to see distinct wage growth after years of tepid gains, signaling that a tightening job market may be putting pressure on employers to sweeten pay packages. The gains could give Federal Reserve officials ...

Coffee Edges Up After Seesawing Session

TODAY: Feb. 12, 2016 PUB DATE: Dec. 2, 2015

By Carolyn Cui Coffee futures edged up Wednesday, after seesawing fractionally most of the day, as investors weighed signs of abundant supply out of Brazil against the new-found strength in its currency. Prices for Arabic coffee to be delivered in ...

Box Loss Widens as Costs Outpace Revenue Increase

TODAY: Feb. 12, 2016 PUB DATE: Dec. 2, 2015

Box Inc. said its loss widened in the third quarter as revenue increased but the online-storage company also ramped up its spending on marketing and research and development. Box, which went public in January, has a deep repository of registered ...

Active Shooter Reported in San Bernardino, Calif.

TODAY: Feb. 12, 2016 PUB DATE: Dec. 2, 2015

SAN BERNARDINO, Calif.?Police are responding to reports of an active shooter at a social services facility. Lt. Rich Lawhead said Wednesday there are reports of multiple victims. No arrests have been made. Sgt. Vicky Cervantes says police are working to ...

British Oil-Deals Maven John Browne Returns to the Field

TODAY: Feb. 12, 2016 PUB DATE: Dec. 2, 2015

By Selina Williams LONDON--One of the energy industry's best-known deal makers is quietly making a comeback, even as oil prices continue to slump. Former BP PLC Chief Executive John Browne is building a new energy company that already has grown ...

RWE to Sell Renewable Unit

TODAY: Feb. 12, 2016 PUB DATE: Dec. 2, 2015

(FROM THE WALL STREET JOURNAL 12/2/15) By Monica Houston-Waesch FRANKFURT -- RWE AG, in a move resembling that of rival utility E.ON SE, plans to spin off its renewable energy business in response to Germany's move away from nuclear power ...

Global Stocks Little Changed

TODAY: Feb. 12, 2016 PUB DATE: Dec. 2, 2015

Global stocks were little changed Wednesday as investors paused ahead of a crucial European Central Bank policy meeting Thursday and the U.S. jobs report later in the week. The Stoxx Europe 600 was up 0.3% in early trade. Asian bourses ...

Correction to Yahoo Article

TODAY: Feb. 12, 2016 PUB DATE: Dec. 2, 2015

Yahoo Inc.'s board is planning a series of meetings this week to consider selling off the company's flagging Internet businesses and how to make the most of its valuable stake in Chinese e-commerce powerhouse Alibaba Group Holding Ltd. "Yahoo Board ...