Dow Chemical Co DOW.N said it would raise about $1 billion from the sale of corporate assets such as rail cars and that it was reviewing joint ventures, part of a plan to raise as much as $6 billion through asset sales. Dow and rival DuPont DD.N are facing increasing investor pressure to divest less lucrative businesses and return more money to shareholders. Dow, which makes everything from insecticides to plastics, has already earmarked its epoxy business and some chlorine and derivatives assets for sale. The company on Wednesday added real estate and other infrastructure such as rail cars and terminals to its "for sale" list, and said it would review its 86 joint ventures.
GENEVA (AP) — The U.N.'s top human rights official has warned all sides in the two-week war in the Gaza Strip to not indiscriminately attack civilians, and that violations may amount to war crimes.
WASHINGTON (AP) — Regulators have voted narrowly to end a longtime staple of the investment industry — the fixed $1 share price for money-market mutual funds — at least for some money funds used by big investors.
DETROIT (AP) — A suburban Detroit man who killed an unarmed woman on his porch was rocked out of sleep by a series of "boom, boom, boom" pounding sounds outside his home, causing him to grab a shotgun, open the front door and fire, a defense lawyer told jurors during opening statements Wednesday.
By Harro Ten Wolde EINDHOVEN Netherlands (Reuters) - The bodies of the first victims from a Malaysian airliner shot down over Ukraine last week arrived back in the Netherlands on Wednesday amid dignified grief tinged with anger. Bells pealed and flags flew at half mast in memory of the 298 people killed when flight MH17 crashed in an area of eastern Ukraine held by Russian-backed separatists, in the first national day of mourning since wartime Queen Wilhelmina died in 1962. King Willem-Alexander and Prime Minister Mark Rutte led dignitaries on the tarmac as two military aircraft carrying 40 plain wooden coffins landed at Eindhoven Airport in the southern Netherlands. A military honor guard stood to attention as a lone trumpeter played The Last Post, the military funeral call for people killed in war.
Investigators looking into the causes of the downing of Malaysia Airlines flight MH17 last week said they have found no evidence the airliner's black box voice recorder had been tampered with. "The Cockpit Voice Recorder was damaged but the part that contains the data was intact," the Dutch Safety Board said in a statement on Wednesday. It said examination of the airliner's other black box, the Flight Data Recorder, would start on Thursday.
CHICAGO (AP) — Popular 1980s band Duran Duran is suing its own fan club.
Boeing Co reported a 52 percent jump in quarterly profit, helped by higher commercial plane deliveries and one-time tax gains, but investors were spooked by rising costs in its military tanker program. Boeing's shares fell as much as 3 percent after the company said it took a $272-million charge related to its tanker program and maintained its 2014 cash-flow forecast. The stock was the biggest loser on the Dow Jones Industrial index, which was down 0.41 percent by midday on Wednesday. "To us it is worrying that Boeing is booking a charge of this magnitude at a relatively early stage in this long-term program, particularly given recent assurances from management that everything was going to plan, RBC Capital Markets analyst Robert Stallard wrote in a note to clients.
PepsiCo Inc's PEP.N higher-than-expected quarterly profit could give the company more ammunition against an activist investor who wants it to separate its snack and beverage businesses. The maker of Pepsi-Cola and Frito-Lay snacks raised its full-year adjusted earnings forecast on Wednesday and said organic revenue grew 5 percent in its global snacks business, helped by strong sales of Lay's, Doritos and Cheetos chips. It also reported a 2 percent organic sales increase in its beverage business, which includes the Gatorade and Tropicana brands. The sales increases were partly a result of price hikes that PepsiCo implemented as it launched new products which usually command higher prices.
NEW YORK (AP) — U.S. stock indexes were mostly higher in midday trading Wednesday as investors weighed positive earnings in the technology sector against disappointing news out of aircraft giant Boeing and other companies. Biotechnology stocks were among the biggest gainers.
Vostok Battalion commander Alexander Khodakovsky says weapon may have come from Russia.
By David Morgan WASHINGTON (Reuters) - The director of a government bioterror lab behind the potential exposure of workers to live anthrax has resigned, the U.S. Centers for Disease Control and Prevention said on Wednesday. Michael Farrell, head of the CDC's Bioterror Rapid Response and Advanced Technology Laboratory (BRRAT) in Atlanta, had been reassigned from his position last month after the agency disclosed the safety breaches. He submitted his resignation on Tuesday, the CDC said. “I can confirm that he was the team lead for the BRRAT lab since 2009 and that he’s resigned from that position,” said CDC spokesman Thomas Skinner.
ATR turboprop plane landing in stormy weather crashed outside airport on small Taiwanese island, said transport minister.
PHILADELPHIA (AP) — An 89-year-old Nazi war crimes suspect has died, the night before a judge ruled that he should be extradited to Germany to face trial, his lawyer said Wednesday.
ABUJA, Nigeria (AP) — At least 39 people were killed Wednesday by two bombings in the northern city of Kaduna, according to State Police Commissioner Umar Usman Shehu.
By Umaru Fofana FREETOWN (Reuters) - The head doctor fighting an outbreak of the deadly Ebola virus in Sierra Leone has himself caught the disease, one of a growing list of medical workers infected while battling to halt its spread across West Africa. Ebola has killed 632 people across Guinea, Liberia and Sierra Leone since an outbreak began in February, putting strain on a string of weak health systems facing one of the world's deadliest diseases despite waves of international help. In a sign of the growing frustrations with the failure of region's governments to tackle the outbreak, a Liberian whose brother died from the disease set fire to the Health Ministry in protest on Wednesday. A statement from the president's office said 39-year-old Sheik Umar Khan, a Sierra Leonean virologist credited with treating more than 100 Ebola victims, had been transferred to a treatment ward run by medical charity Medecins Sans Frontieres.
WASHINGTON (AP) — Undercover investigators using fake identities were able to secure taxpayer-subsidized health insurance under President Barack Obama's health care law, congressional investigators said Wednesday.
Sen. Elizabeth Warren insists she 'is not' running for president in 2016, but could she still?
By Garba Muhammed KADUNA Nigeria (Reuters) - At least 82 people were killed on Wednesday in two bombings in the northern Nigerian city of Kaduna targeting opposition leader and former president Muhammadu Buhari at a busy market and a moderate Muslim cleric about to lead a crowd in prayer. The attacks bore the hallmarks of Islamist group Boko Haram but may also have been linked to politics ahead of 2015's elections. The deadlier blast targeted Buhari's convoy at the crowded Kawo market, his son told Reuters on the scene. Buhari was the main opposition party contender against President Goodluck Jonathan in the 2011 election and remains a key figure in the opposition alliance.
Investors are pouring millions into Urban Compass, a New York City-based startup that offers an antidote to Craigslist chaos.
Today, Little Bits has announced a bit leap forward that will make hardware hackers drool.
The file-syncing service is rolling out several Office-related features for businesses, including full-text search of Word, Excel, and PowerPoint documents, among other file types, and the ability for multiple users to simultaneously edit Office documents via Dropbox.
Developers have been toying with the beta of OS X Yosemite since Apple announced the operating system at WWDC in June. Now you can join in too by signing up for Apple's public OS X Yosemite beta program.
This was my greatest lecture. Yes, everyone has looked at springs before. But has anyone done all of this in one single lecture? Have they? Yes, they probably have. Here is my version. Stretching a Spring Here is a spring hanging vertically with a mass on the end – a 100 gram mass. The mass […]
You could call Tracksmith the anti-Nike. The silhouettes more varsity track team than intergalactic sprinter.
The sensors translate air data into volts, and an Arduino algorithmically translates those volts into shapes and colors.
It’s hot out there in these streets. That’s why we’re hooking you up with a good excuse to lay low in your living room: mainlining The Wire.
With the doors almost ready to open for Comic-Con International in San Diego, Marvel Comics is opening the floodgates to their massive online comics archive, Marvel Unlimited—for only 99 cents. For the next week, a dollar will buy you a month of total access to Marvel's online cache of over 15,000 comics.
Comic-Con International. Four(ish) days of non-stop pop cultural onslaught. Comics, movies, TV shows, cosplay—there's a lot to take in. And making sure you catch everything you want to see (and, frankly, probably a few things you wish you could unsee) means setting priorities. With that in mind, here's everything we're taking an oath not to miss at this year's con.