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The Galveston County Daily News : Business

September 2, 2014

Business

Top Story

Euro continues descent ahead of ECB meeting

LONDON (AP) — The euro has fallen to a one-year low against the dollar as Europe's single currency remains under pressure ahead of this week's policy meeting of the European Central Bank.

  • icon Posted: September 02

Latest Headlines

Tuesday 09/02/2014
Court halts ridesharing service Uber in Germany
Posted: September 02, 2014

BERLIN (AP) — A court has issued an injunction barring ridesharing service Uber from operating in Germany, the latest shot in a fight with the country's taxi drivers.

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Russia's gains cloud Obama's assurances to Baltics
Updated: September 02, 2014 - 4:01 am

WASHINGTON (AP) — For the second time this year, President Barack Obama will travel to Russia's backyard to assure nervous nations of his ironclad commitment to their security. But his objectives will be clouded by the West's inability to halt the Russian aggression in Ukraine that has stoked fears in other former Soviet republics.

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Modi promises red carpet for Japan firms in India
Posted: September 02, 2014

TOKYO (AP) — Indian Prime Minister Narendra Modi is wooing Japanese businesses with a promise of "red carpet" treatment rather than the bureaucratic red tape that India is notorious for.

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Asia stocks mostly higher, wages data boosts Japan
Updated: September 02, 2014 - 3:02 am

TOKYO (AP) — Asian stocks were mostly higher Tuesday after a jump in average wages boosted Japan's market. Hong Kong's benchmark was recovering after initially retreating on weak Chinese data and concerns over tensions with Beijing.

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$2.4B Revel casino to shut down early Tuesday
Updated: September 02, 2014 - 4:01 am

ATLANTIC CITY, N.J. (AP) — Little more than two years after opening with high hopes of turning around Atlantic City's struggling casino market, Revel will close its doors Tuesday morning.

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Survey: Foreign companies in China feel 'targeted'
Updated: September 02, 2014 - 3:02 am

BEIJING (AP) — Foreign companies in China feel increasingly targeted for unfair enforcement of anti-monopoly and other laws and might cut investment if conditions fail to improve, a U.S. business group said Tuesday.

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Detroit's historic bankruptcy trial to begin
Updated: September 02, 2014 - 4:01 am

DETROIT (AP) — Lawyers for Detroit will attempt to convince a federal judge at the city's bankruptcy trial that its plans to wipe out billions of dollars in debt should be approved.

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Monday 09/01/2014
Top South America hackers rattle Peru's Cabinet
Updated: September 02, 2014 - 2:00 am

LIMA, Peru (AP) — The Peruvian hackers have broken into military, police, and other sensitive government networks in Argentina, Colombia, Chile, Venezuela and Peru, defacing websites and extracting sensitive data to strut their programming prowess and make political points.

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