Current Business News

For almost 30 years I've been organizing, advising, and just hanging with leaders of the world's top growth firms. Dubbed "gazelles," these companies continue to hire even as the economy stumbles.

(Reuters) - Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500, Dow Jones and Nasdaq 100 all up around 0.2 percent.

Worried that your genes predispose you to developing cancer, diabetes, or some other disease? Simply curious to unlock the secrets of your DNA -- say, whether you have better-than-average odds of living to 100?

SEOUL (Reuters) - Korea Life Insurance Co shares closed up 8 percent in heavy trading on their debut on Wednesday, signaling keen demand ahead of bigger rival Samsung Life's planned $4 billion IPO in May.

SEOUL/HONG KONG (Reuters) - It's early days, but speculation is already building that HSBC may participate in the auction for a $3.9 billion stake in Korea Exchange Bank , South Korea's sixth-largest lender.

DUBAI (Reuters) - Dubai World will offer banks a single proposal to repay in full the $26 billion debt it is renegotiating, with interest likely linked to LIBOR, Al Arabiya reported on Wednesday.

SINGAPORE (Reuters) - Technology stocks pushed Asian shares to a two-month high on Wednesday, powered by hopes of strong earnings for Intel, while the yen faltered after the Bank of Japan loosened policy in a bid to spur the flagging economy.

Mellody Hobson's defining moment as a public speaker came in the fifth grade when her teacher made her recite the poem "The Creation" by James Weldon Johnson.

Simon Property Group Inc has been corresponding with bankrupt General Growth Properties Inc about a potentially sweetened offer, a source close to the matter said on Tuesday.

The Federal Reserve left its key interest rate near 0% once again Tuesday and said rates should stay this low for the foreseeable future.

Housing construction fell in February as blizzards held down activity in the Northeast and Midwest. The decline highlights the ...

Peter Ueberroth may be the most popular person in golf this year: As the owner and co-chairman of Pebble Beach Co., this June he'll play host to the U.S. Open, the sport's hottest ticket.

Kenya's Lake Turkana Wind Power project -- set to become Africa's largest wind farm -- looks to be back on track after securing financing through a new shareholding structure, Bits reported.

Consumers in North America pay more by far for mobile applications than people in all other regions of the world, according to a new study by wireless consultant Chetan Sharma. Released on March 17, the study was commissioned by Getjar, a company that sells downloadable software...

A dip in sales and costs from its failed attempt to take over Volkswagen have pushed Porsche's six-month net profit down by 83 percent, The Associated Press reported.

When radio was invented in the late nineteenth century by the likes of Marconi, Edison, and Tesla, government and industry faced a conundrum. Who would own the limited band of electromagnetic frequencies that made this new invention possible?

Still not sold on why your small business needs to establish a Web presence? Well, I have some numbers that may finally change your mind. According to the "User View Wave VII" from BIA/Kelsey and ConStat, 90 percent of Internet users search online for nearby businesses, with 97...

India, with $254 billion of foreign-exchange reserves, may create a sovereign wealth fund to help state companies compete for overseas energy assets with China, a government official said.

Europe's threat to ban the sort of financial derivatives trading that some blame for worsening Greece's debt crisis wouldn't work, a senior U.S. official told EU lawmakers Tuesday.

Broadsoft, a software maker, on Monday filed its intent to raise as much as $103.5 million in an initial public offering, The Associated Press reported.

Arrow Energy of Australia has opened its books to Royal Dutch Shell and PetroChina so that they conduct due diligence for their joint takeover offer worth at least 3.3 billion Australian dollars ($3.03 billion), Reuters reported.

Wall Street's biggest banks could be broken up by Congress in the coming year in an eventual reckoning over the financial meltdown of 2008, "Liar's Poker" author Michael Lewis told Reuters on Tuesday.

Blockbuster, the video-rental chain, said Tuesday that for the first time, it may need to file for bankruptcy protection after years of struggling to lessen its debt load, Reuters reported.

The end of the Federal Reserve's program of purchasing $1.25 trillion of mortgage-backed securities at the end of March is a form of tightening monetary policy, the chief of the largest U.S. bond fund manager told Reuters.

ABP, a Dutch pension fund, is suing Bank of America over its controversial 2008 takeover of Merrill Lynch, accusing the bank of withholding material information about the deal, Reuters reported.

Harley-Davidson shares spiked Tuesday on market chatter that the iconic motorcycle maker was the target of a buyout bid, Reuters reported.

Markit Group Ltd., the London-based provider of bond and derivatives indexes, plans to create a benchmark for credit-default swaps on Asia-Pacific governments, according to six traders familiar with the matter.

Federal Reserve officials signaled the U.S. recovery isn't strong enough to stoke inflation, reduce unemployment quickly or justify an end to record-low interest rates.

Bank of England policy makers unanimously kept their 200 billion-pound ($304 billion) bond- purchase program on hold for a second month in March as some officials argued that inflation risks have increased.

Lately the IPO market has been very difficult to impress. Apparently a Nobel Prize helps do the trick.

The yen and dollar weakened after the Japanese and U.S. central banks pledged to keep interest rates near zero, boosting demand for stocks and higher-yielding currencies.

Treasuries snapped a three-day gain after stocks rallied, damping demand for the relative safety of government debt.

Marianne Gentry, 66, lives with her disabled husband and desperately ill son. And they're about to get kicked out of their home.

With incomes down and insurance premiums up, more Americans are qualifying to take medical and dental deductions on Schedule A of their individual tax returns.