BBC Business Headlines

US stocks boosted by China rate cut
US stocks close at yet another record high after China announced a surprise rate cut and the head of the European Central Bank hinted at further stimulus action.


Delta swaps Boeings for Airbus jets
American airline Delta replaces its old Boeing planes in a $14bn order for 50 Airbus wide-body jets powered by Rolls Royce engines


Aereo files for bankruptcy protection
Aereo, the TV streaming upstart meant to take on US cable firms, files for bankruptcy protection after a Supreme Court decision threw the company's legality into doubt.


RBS admits error in stress test data
State-backed bank Royal Bank of Scotland (RBS) says a data error means it only just passed a European stress test of its balance sheet.


Obama enforces immigration overhaul
Barack Obama uses executive powers to force through immigration reform, removing the threat of deportation for roughly four million people.



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Paul Krugman

Suffer Little Children
Today’s immigrants are the same as our parents and grandparents were. President Obama is doing the decent thing with his immigration initiative. read more...





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