A majority of Wall Street's top bond firms see the Federal Reserve starting to raise interest rates by the second quarter of next year, showing slightly more aggressive expectations compared with a month ago, a Reuters survey showed on Friday.
Industry
Time Warner Cable employees to share $416 million under retention plan
Employees of Time Warner Cable will be $416 million richer even if the cable operator's merger with Comcast does not close, a move designed to keep staff from bolting while federal regulators contemplate the deal.
Facebook ready to spend billions to bring whole world online: Zuckerberg
Facebook Inc (FB.O) is prepared to spend billions of dollars to reach its goal of bringing the Internet to everyone on the planet, Chief Executive Mark Zuckerberg said on Friday.
Apple's rivals hope its iWatch makes 'wearable' work
Know what a "Wearable" is? Most top tech executives would struggle to define it. Now they're hoping that Apple will do it for them.
Nikkei edges down in choppy trade; weak yen limits decline
Japan's Nikkei share average edged down on Friday in choppy trade, but declines were limited as the mood was supported after the dollar rose to a six-year high against the yen following the European Central Bank's monetary easing steps.
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U.S. job growth slowed down sharply in August and more Americans gave up the hunt for work, giving a cautious Federal Reserve more reasons to wait a bit longer before raising interest rates.
New Orleans lawmakers cleared online for-hire car firms such as Uber on Thursday to offer luxury taxi-like services in the city, handing the fast-growing sector a partial legal victory.
Thirty-four Bosnian coal miners were trapped half a kilometer underground on Friday after an earthquake triggered a rock burst, leaving rescue teams struggling to clear debris to reach them.
Huawei Technologies Co Ltd [HWT.UL] unveiled on Friday a slate of new devices meant to showcase the Chinese company's hardware technology, just days before Apple Inc releases its highly-anticipated iPhone 6 on Sept 9.
BP should be able to meet the cost of up to $18 billion of new fines for the 2010 Gulf of Mexico oil spill without major asset sales or a big cut in its dividend, analysts say.
Four technology companies including Apple and Google blasted a U.S. judge for rejecting a proposed $324.5 million settlement over hiring practices in Silicon Valley and asked an appeals court to intervene, according to a court filing.
On one side, the founder of top miner Goldcorp Inc (G.TO), his young apprentice, an aggressive securities lawyer, and a tiny company based in a Quebec mining town. On the other, the chief executives of two leading Canadian gold miners, fresh off one of the biggest deals of their careers.
Google's (GOOGL.O) antitrust deal with EU regulators was criticized by Microsoft (MSFT.O) and other competitors in a last-ditch attempt to influence European Competition Commissioner Joaquin Almunia before he leaves office at the end of October.
Canada is likely to choose between two major U.S. firms when it buys a new fleet of jet fighters, excluding two European competitors, according to a source with direct knowledge of the matter.
