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About 1962 results. Sort By: Date | Relevance
Tensions rise on Iron Range as steel talks near deadline

Steelworkers plan to form a "practice picket line" on Tuesday at ArcelorMittal Minorca in Virginia, Minnesota. "People are a bit anxious now because it's coming down to the wire," said Harold Anderson, an ArcelorMittal electrician who has worked in the 310- employee Minorca taconite plant in Virginia for nearly eight years. Steel and ArcelorMittal- the world's...
Source: The Associated Press
Box Office: 'War Room' Stuns With $11 Million, Zac Efron's 'We Are Your Friends' Tanks

LOS ANGELES, Aug. 30- The box office underwent a religious conversion this weekend as Christian crowds flocked to " War Room," lifting the low-budget salute to prayer above the Zac Efron drama "We're You're Friends" and the Owen Wilson thriller "No Escape." Filmed for a mere $3 million and distributed by Sony's Affirm division, " War Room" more than tripled its production...
Source: Reuters | By: Brent Lang
INSIGHT-Boeing uses its clout to control supplier consolidation

NEW YORK, Aug 30- Berkshire Hathaway Inc's $37 billion deal for aerospace supplier Precision Castparts Corp is encouraging investors to consolidate the fragmented aircraft components industry, even as Boeing Co uses its clout as the world's biggest plane maker to put a check on some deals. Private equity and strategic buyers have been pouring into the sector,...
Source: Reuters | By: Alwyn Scott
BoE: Stance on rates unchanged by China woes

Bank of England Governor Mark Carney said on Saturday that a slowdown in China's economy could push down further on inflation but it did not change, for now, the central bank's position on when and how it might increase interest rates.
Source: Reuters
Puerto Rico government delays fiscal reform plan

SAN JUAN, Aug 29- Puerto Rico will delay until Sept. 8 the completion of its fiscal reform plan, the commonwealth's government said on Saturday, citing time spent on contingency disaster planning by the government in the run-up to Tropical Storm Erika. A working group appointed by Puerto Rico Gov. Tropical Storm Erika hit the eastern portion of Puerto Rico early on...
Source: Reuters | By: Nick Brown
UPDATE 1-Bank of England stance on rates unchanged by China - Carney

JACKSON HOLE, Wyo., Aug 29- Bank of England Governor Mark Carney said on Saturday that a slowdown in China's economy could push down further on inflation but it did not change, for now, the central bank's position on when and how it might increase interest rates. Their evolution needs to be monitored, not taken for granted, "he said, before adding the direct exposure of...
Source: Reuters | By: Howard Schneider and Jonathan Spicer
Fed Vice Chair Fischer keeps open possibility of Sept. hike

WASHINGTON- Federal Reserve Vice Chairman Stanley Fischer left the door open Saturday for a Fed rate increase in September, saying the factors that have kept inflation below the central bank's target level have likely begun to fade. Investors have been trying to determine whether the Fed might still be on course to raise interest rates after its Sept. 16-17...
Source: The Associated Press | By: By MARTIN CRUTSINGER, AP Economics Writer
After Katrina, Saints marched in to boost recovery

In September 2006, the New Orleans Saints marched into the Superdome for their first game since Hurricane Katrina, providing the spark for a revival.
Source: CNBC.com | By: John Fanta, Special to CNBC.com
Myanmar sets $2.80 daily minimum wage in bid to boost investment

YANGON, Aug 29- Myanmar has set a minimum wage of 3,600 kyat for an eight-hour work day, a move likely to boost investment in the fast-growing country's garment industry. Myanmar's government has targeted garments for rapid growth, and Saturday's statement may help spur this, as it gives clarity on the law and labor costs to global apparel brands buying clothes...
Source: Reuters
Traders gear up for volatility, big jobs Friday

Traders emerging from one of the most turbulent weeks in history will likely need to brace for more volatility as the Street gears up for jobs data.
Source: CNBC.com | By: Evelyn Cheng