Kellogg, hurt by Europe, cuts 2012 profit outlook

Kellogg Co. is cutting its 2012 earnings forecast, partly because declines in its European business led to a softer-than-anticipated first quarter.
Its stock slid $3.87, or […]

Consumer bureau to ease caps on some credit card fees

The Consumer Financial Protection Bureau is reversing a rule that would have capped credit card fees associated with opening a new credit card account, […]

Indonesia Extends Pause in Rate Cuts as Inflation Risk Persists - Bloomberg

Indonesia

CFTC accuses Royal Bank of Canada of sham trades

U.S. regulators are accusing one of Canada’s largest banks of engaging in hundreds of millions of dollars in illegal futures trades to reap tax benefits […]

Unemployment rate dips in February, but job creation stalls

OTTAWA

Historic credits use surges in late ‘11

Even as lawmakers spent the fall debating its fate, the use of Missouri’s Historic Preservation Tax Credit surged at the end of 2011.
State officials authorized […]

Iran says Stuxnet virus infected 16,000 computers

A senior Iranian intelligence official says an estimated 16,000 computers were infected by the Stuxnet virus.
The powerful virus targeted Iran’s nuclear facilities and other industrial […]

‘Ethical iPhone’ protests hit Apple stores

Protesters visited a half-dozen Apple stores around the world on Thursday to deliver petitions calling for reforms in the working conditions at factories run […]

Eastman Chemical to buy Solutia for $3.4 billion

Updated at 12:15 p.m. with comments from Solutia’s chairman, president and CEO Jeffry Quinn.
Specialty chemical company Eastman Chemical Co. is buying Town and Country-based Solutia […]

2 more bodies found, fuel removal to begin on ship

Nudged gently by the tides off Tuscany, the capsized Costa Concordia has been deemed stable enough on its rocky perch for salvagers to begin pumping […]