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Business News
Yellen to face Congress amid uncertainty on Fed rate policy
WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen will address Congress on Wednesday at a time of deepening uncertainty about the Fed's interest rate policies....
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Carlsberg Q4 profits hit by continuing decline in Europe
HELSINKI (AP) -- Carlsberg says poor sales in Europe more than halved its fourth-quarter profit despite a slight increase in overall revenue, and the Danish brewer gave a guarded outlook for the year....
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Canadian Pacific wants vote on Norfolk Southern deal
OMAHA, Neb. (AP) -- Canadian Pacific plans to ask Norfolk Southern shareholders whether they want the two railroads to pursue a merger....
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Daimler recalling 840,000 vehicles in US for Takata air bags
DETROIT (AP) -- Daimler AG is recalling 840,000 vehicles in the U.S. because they have potentially defective driver's side air bags made by Takata Corp....
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Viacom CEO defends self in testy exchange on 1Q results
LOS ANGELES (AP) -- Viacom Inc. CEO Philippe Dauman defended himself in a testy exchange with analysts during a quarterly earnings conference call Tuesday after the media company behind MTV and Paramount Pictures missed revenue expectations for the fifth quarter in a row....
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