Thursday, April 30, 2015

With New Factory, Tesla Ventures Into Solar Power Storage for Home and Business by DIANE CARDWELL


By DIANE CARDWELL

Tesla Motors says it is making a foray into the challenge of how to use the sun’s energy when it isn’t shining, with a fleet of battery systems for homeowners, businesses and utilities.

Published: May 1, 2015 at 12:00AM

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Commonly Used Chemicals Come Under New Scrutiny by ERIC LIPTON and RACHEL ABRAMS


By ERIC LIPTON and RACHEL ABRAMS

A class of chemicals that replaced an older group found to be harmful to health is now drawing criticism for the same reason.

Published: May 1, 2015 at 12:00AM

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Chobani Puts Its Ad Money on Becoming a Lifestyle Brand by SYDNEY EMBER


By SYDNEY EMBER

A new campaign focuses less on the company’s products and more on a broader message about healthy eating and natural living.

Published: May 1, 2015 at 12:00AM

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Grooveshark Shuts Down to Settle Copyright Infringement Suit by BEN SISARIO


By BEN SISARIO

The free streaming site, which once had 35 million users, agreed to turn over its apps and intellectual property to a trade group representing the biggest record companies.

Published: May 1, 2015 at 12:00AM

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Medicare Releases Detailed Data on Prescription Drug Spending by KATIE THOMAS and ROBERT PEAR


By KATIE THOMAS and ROBERT PEAR

The data, the most detailed breakdown ever provided about the prescription claims of Medicare beneficiaries, included information about 36 million patients and $103 billion in spending.

Published: May 1, 2015 at 12:00AM

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Senators Propose Fees for Shipping Oil by Rail Car by THE ASSOCIATED PRESS


By THE ASSOCIATED PRESS

The proposal would be paired with tax breaks for companies that use new tank cars built to better withstand derailments.

Published: May 1, 2015 at 12:00AM

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Avian Flu Infections Are Found at Five More Iowa Poultry Farms by REUTERS


By REUTERS

If the bird flu virus is confirmed at all five farms, the number of sites where H5 has been found in Iowa during this outbreak would rise to 17.

Published: May 1, 2015 at 12:00AM

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A Worse-Than-Expected $55 Million First-Quarter Loss for DreamWorks Animation by BROOKS BARNES


By BROOKS BARNES

Jeffrey Katzenberg, DreamWorks Animation’s chief executive, says this is ‘a transitional year’ for the studio.

Published: May 1, 2015 at 12:00AM

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Sarah Dahlgren, New York Fed’s Top Bank Supervisor, to Leave by PETER EAVIS


By PETER EAVIS

No reason was given for the resignation of Sarah J. Dahlgren, who was promoted in recent years as part the Fed’s efforts to bolster its regulatory efforts.

Published: May 1, 2015 at 12:00AM

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Gilead Hepatitis Drugs Brought In $4.55 Billion in First Quarter by ANDREW POLLACK


By ANDREW POLLACK

Sales of Harvoni and an earlier hepatitis C drug, Sovaldi, far exceeded Wall Street expectations and made the company one of the top earners in pharmaceuticals.

Published: May 1, 2015 at 12:00AM

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Malta Offers Citizenship and All Its Perks for a Price by JENNY ANDERSON


By JENNY ANDERSON

For $1.3 million, a foreigner can obtain a Maltese passport; residency with tax advantages and freedom to move throughout the European Union..

Published: May 1, 2015 at 12:00AM

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F.A.A. Orders Fix for Possible Power Loss in Boeing 787 by JAD MOUAWAD


By JAD MOUAWAD

The Federal Aviation Administration said operators of the Dreamliner jet were to shut down power periodically after a software problem was found.

Published: May 1, 2015 at 12:00AM

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Hank Greenberg Still in the Ring, Battling A.I.G. Charges by JAMES B. STEWART


By JAMES B. STEWART

Mr. Greenberg, soon to turn 90, is scheduled to take the witness stand in July after years of discovery and maneuvers in the fraud case that accuses him of accounting fraud.

Published: May 1, 2015 at 12:00AM

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U.S, Jobless Claims Hit 15-Year Low; Consumer Spending Rises by REUTERS


By REUTERS

Claims for state unemployment benefits fell 34,000 to a seasonally adjusted 262,000 for the week ended April 25, the lowest reading since April 2000, the Labor Department said.

Published: May 1, 2015 at 12:00AM

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Salesforce’s Slow Growth May Prompt Hunt for a Buyer by ROBERT CYRAN


By ROBERT CYRAN

Oracle and Microsoft want to increase cloud capacity, making them possible suitors.

Published: May 1, 2015 at 12:00AM

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Renault Sharehlders Back French Government’s Voting Rights Plan by DAVID JOLLY


By DAVID JOLLY

The approval came over the objections of Carlos Ghosn, the Renault chief, who said the measure might destabilize the company’s alliance with Nissan.

Published: May 1, 2015 at 12:00AM

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Time Warner Cable Results Fall Short of Predictions by EMILY STEEL


By EMILY STEEL

First-quarter earnings were reported a week after Comcast abandoned its planned takeover of Time Warner Cable

Published: May 1, 2015 at 12:00AM

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Exxon Mobil and Shell Earnings Reflect Oil Prices’ Plunge by CLIFFORD KRAUSS and STANLEY REED


By CLIFFORD KRAUSS and STANLEY REED

Both companies reported huge drops in profit: a 46 percent decline at Exxon and a 56 percent drop at Shell.

Published: May 1, 2015 at 12:00AM

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G.M. to Invest $5.4 Billion to Modernize Factories by BILL VLASIC


By BILL VLASIC

The company has been methodically upgrading and expanding its manufacturing plants in the United States and elsewhere since its bankruptcy in 2009.

Published: May 1, 2015 at 12:00AM

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Oil Prices: What’s Behind the Drop? Simple Economics by CLIFFORD KRAUSS


By CLIFFORD KRAUSS

The oil industry, with its history of booms and busts, is in a new downturn.

Published: April 30, 2015 at 12:00AM

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Wall St. Is Lower, With Weak Earnings as Anchor by THE ASSOCIATED PRESS


By THE ASSOCIATED PRESS

Nokia, Harman International and Varian Medical Systems all reported results that disappointed investors.

Published: May 1, 2015 at 12:00AM

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Lazard Names New Heads of Financial Advisory and M.&A. by CHAD BRAY


By CHAD BRAY

Alexander F. Stern has been named as the chief of the financial advisory business, and Matthieu Pigasse will serve as global head of mergers and acquisitions.

Published: May 1, 2015 at 12:00AM

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New York Times Co. Reports Loss as Print Ads Decline by RAVI SOMAIYA


By RAVI SOMAIYA

Digital subscriptions continued to grow, and digital advertising increased at a double-digit pace.

Published: May 1, 2015 at 12:00AM

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Eurozone Consumer Prices Stopped Falling in April by DAVID JOLLY


By DAVID JOLLY

The inflation rate in the currency bloc was zero in April, official data indicate, after four months in negative territory, but unemployment was stuck at 11.3 percent in March.

Published: May 1, 2015 at 12:00AM

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China Rethinks Safety Net for Its Banking System by NEIL GOUGH


By NEIL GOUGH

The government will introduce a deposit insurance system on Friday, hoping to force a more market-driven approach to lending.

Published: May 1, 2015 at 12:00AM

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