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At record high, U.S. stocks look to extend breakout

NEW YORK - U.S. stocks are poised for more upward momentum even as uncertainty over oil prices and Greek debt negotiations keeps the market on tenterhooks, analysts say.

Recent Business News

Tesco to cut up to 10,000 jobs: Sunday Telegraph

LONDON - Britain's biggest supermarket Tesco could cut up to 10,000 jobs as part of its attempts to halt a slide in profits, a newspaper reported.

14 Feb 2015

U.S. whistleblower summoned to testify in UBS case in France

WASHINGTON - A former UBS AG banker who helped U.S. authorities prosecute the Swiss bank in a tax fraud case has asked for permission to travel to France to comply with a subpoena in another investigation of the company, according a court document.

GM recalling 81,000-plus vehicles over steering problem

WASHINGTON - General Motors Co on Saturday recalled 81,123 cars because of concerns about their electric power steering systems.

14 Feb 2015

Greek finance minister says deal with EU will be done, 'even at eleventh hour'

ATHENS - Greek Finance Minister Yanis Varoufakis said on Saturday he believed Athens would reach an agreement with its EU lenders about the way out of its international bailout, "even at the last minute".

14 Feb 2015

CFO Yoshida's Sony revamp wins over investors, tough decisions loom

TOKYO - Months after Sony Corp bought So-net, the broadband provider's chief chided CEO Kazuo Hirai for having his "priorities in the wrong order".

14 Feb 2015

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