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  • Sony forecasts $2B loss as smartphones lag

    Sony forecasts $2B loss as smartphones lag

    Wednesday, September 17 2014 5:32 AM EDT2014-09-17 09:32:22 GMT
    Sony expects its annual loss to swell to more than $2 billion after writing down the value of its troubled mobile business.More >>
    Sony expects its annual loss to swell to $2 billion and has canceled dividends for the first time in more than half a century after writing down the value of its troubled smartphone business.More >>
  • Bank of England remains split on rates

    Bank of England remains split on rates

    Wednesday, September 17 2014 5:12 AM EDT2014-09-17 09:12:06 GMT
    Bank of England policymakers remain divided on whether to raise interest rates, voting 7-2 at their last meeting in favor of keeping the main rate at a record low 0.5 percent.More >>
    Bank of England policymakers remain divided on whether to raise interest rates, voting 7-2 at their last meeting in favor of keeping the main rate at a record low 0.5 percent.More >>
  • Billionaire's house arrest sends stocks crashing

    Billionaire's house arrest sends stocks crashing

    Wednesday, September 17 2014 5:02 AM EDT2014-09-17 09:02:20 GMT
    The arrest of a Russian billionaire has sent shares in his holding company into a tailspin.More >>
    The arrest of a Russian billionaire on Wednesday sent shares in his holding company into a tailspin, wiping away more than $2.5 billion in market capitalization.More >>

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