A blowout jobs report has changed the calculus for investors for what the Federal Reserve might do in coming months, resetting expectations for how markets might behave if the U.S. economy continues to strengthen even as global growth lags.
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Top Fox investors seek to convert voting shares, Murdoch may benefit
Several top investors in Twenty-First Century Fox Inc are pressing for the right to swap their voting shares for ordinary shares, which are trading at an unusual premium, even though the move could hand even more control of the company to Rupert Murdoch, according to people familiar with the matter.
Oil price fall exacerbated by hedging, energy firms' debt: BIS
Oil’s dramatic price fall since mid-2014 cannot be explained by changes in production and consumption alone, with hedging and energy firms' high debt levels also playing a part, the Bank for International Settlements (BIS) said on Saturday.
Australian windfarms face $13 bln wipeout from political impasse
Australia faces a A$17 billion ($13.3 billion) exodus of investment from its windfarm industry because of a political deadlock, threatening to deal the country a major economic blow and kill hopes of meeting a self-imposed clean energy target.
Iowa rail line reopens following train derailment, ethanol leak
A rail line in eastern Iowa reopened on Saturday following a freight train derailment that sent three cars tumbling into the Mississippi River, spilling ethanol fuel in the water, Canadian Pacific Railway (CP) said.
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China will have more robots operating in its production plants by 2017 than any other country as it cranks up automation of its car and electronics factories, the International Federation of Robotics (IFR) said on Thursday.
Channing Tatum's got half-naked dance moves to spare in the first "Magic Mike XXL" trailer.
Finally, "Call of Duty: Advanced Warfare" will let us blow away some zombies. Been waiting for a new excuse to shoot some zombies? That excuse is almost here.
Most people end up going to jail for manufacturing explosives. Not Dan Bilzerian. Somewhere, Dan Bilzerian is breathing a giant sigh of relief. The professional poker player and massive Internet celebrity (Bilzerians ridiculous- and ridiculously manly- antics have gained him a huge following) was recently at risk of a serious stint of prison time.
Admit it- the Marvel Cinematic Universe can't last forever. The Marvel Cinematic Universe is huge. It's perhaps the hugest deal in movies right now (seriously- huge).
Cross-border lending is growing in the euro zone for the first time since the bloc's financial crisis prompted banks to retreat from highly indebted countries such as Spain, Greece, Ireland and Italy.
The number of rigs drilling for oil in the United States fell by 83 this week to 1,140 - the lowest since December 2011 - a survey showed on Friday, a clear sign of the pressure that tumbling crude prices have put on oil producers.
Technology companies such as Google are unlikely to become mass car manufacturers, even if they have the potential to disrupt an industry increasingly focused on software and automated driving, the head of German carmaker Daimler (DAIGn.DE) said on Friday.
Greece's new leftist-led government, isolated in the euro zone and under pressure from the European Central Bank, said on Friday it wanted no more bailout money with strings attached from the European Union and International Monetary Fund.
