News Tribune Financial-

Top officials call to overhaul euro institutions

Engineering a financial bailout for Cyprus in March was such a chaotic process that top European officials say it is time to rethink how the region manages its crisis — and who should be involved.

Politics, bribery charges swirl around Ugandan oil

Even before the first drops flow, Uganda's oil sector is beset by bribery allegations against officials, tax-related cases abroad that cost the government millions in legal fees, and the alleged interference of a president whose firm control of the sector worries transparency campaigners.

Bernanke forecasts gains from computer technology

Federal Reserve Chairman Ben Bernanke says pessimists forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong.

As yen falls, goods from Japan are more affordable

Japanese goods are getting more affordable. For consumers worldwide — and for Japan's economy — it's welcome news.

Missouri House passes new tax credit plan

The Missouri House has made a final offer to senators on a plan authorizing new business incentives and trimming some existing tax credits.

AB InBev abandons plans to acquire Czech Budvar

Brewing giant Anheuser-Busch InBev says it no longer has plans to acquire Czech brewer Budejovicky Budvar, with whom it has been fighting a long legal battle over the use of the “Budweiser” brand.

J.C. Penney posts bigger 1Q loss than expected

J.C. Penney on Thursday reported that it widened its loss in the first quarter on a 16 percent drop in revenue. It marks the fifth-straight quarter that the company has posted large declines.

Bill would limit lawsuits over lead contamination

A Missouri-based lead mining company could be shielded from punitive damages in state lead contamination lawsuits under a bill sent to Gov. Jay Nixon.

Dell’s dismal 1Q illuminates PC maker’s challenges

Dell’s financial decay worsened during its latest quarter as the company slashed its personal computer prices in response to the growing popularity of smartphones and tablets.

Wal-Mart's 1Q profit, sales disappoint

The first few months of the year were tough for Wal-Mart Stores Inc.

JPMorgan asks Bloomberg for privacy breach data

Lawyers for JPMorgan Chase & Co. are asking financial news and data company Bloomberg LP to turn over any records it has of reporters looking up the log-in and usage data of JPMorgan employees.

Buffett’s firm reveals 2 new stock investments

Warren Buffett’s company revealed new investments in Chicago Bridge & Iron Co. and Starz on Wednesday, and it sold off some of its stake in snack food maker Mondelez International Inc.

Southwest to save by delaying delivery of planes

Southwest Airlines Co. is delaying delivery of new airplanes and filling the gap with used planes to reduce spending over the next five years.

Deere cuts 2013 sales growth guidance

Deere & Co. said on Wednesday that bad weather and weak economies will hinder sales growth this year for lawnmowers and construction equipment.

Macy’s 1Q profit rises 20 pct on solid sales

Macy’s Inc. reported a 20 percent increase in first-quarter profit even though cool temperatures and economic worries dampened some of its shoppers’ spending on spring clothes.