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REUTERS/JEFFERIES CRB INDEX Index

IntercontinentalExchange/NY Board › REUTERS/JEFFERIES CRB INDEX (NYBOT:CR)

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Today's Financial News

Haven's Candies, Maine's oldest chocolatier, is under new ownership; few changes expected

4 hours ago

WESTBROOK, Maine (AP) — Maine's oldest chocolate maker is under new ownership. Erin Collins of Freeport this week took over 99-year-old Haven's Candies in Westbrook, which counts Intel and HBO among its customers. The 36-year-old Collins, who spent the last 15 years in the financial services industry, tells the Portland Press Herald (http://bit.ly/1qf5gcj ) her new venture is a real honor.

Sony forecasts loss of $2.1 billion, cancels dividend after cutting value of mobile business

4 hours ago

TOKYO (AP) — Sony expects its annual loss to swell to $2 billion and has canceled dividends for the first time in more than half a century after writing down the value of its troubled smartphone business. For the first time since going public in 1958, the Japanese electronics and entertainment conglomerate canceled dividend payments for the half- and full-year.

French government urges Air France pilots to end strike over shift to low-cost carrier

4 hours ago

PARIS (AP) — The French government wants Air France pilots to end a strike that has grounded half of the airline's flights this week amid anger over plans to shift much of its operations to a low-cost carrier. Government spokesman Stephane le Foll said Wednesday that the strike should stop and urged a return to negotiations. The French state owns 15.9 percent of Air France.

US current account deficit likely increased slightly in April-June quarter

4 hours ago

WASHINGTON (AP) — The Commerce Department reports on the U.S. current account trade deficit for the April-June quarter. The report will be released at 8:30 a.m. EDT Wednesday. TRADE GAINS: The current account is the broadest measure of trade. It covers not only goods and services but also investment flows between countries.

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