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Questions grow over banks as profit warnings pile up
A man walk past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Thursday, Feb. 11, 2015. Hong Kong's stocks are set for their biggest daily drop in six months on Thursday, as worries about the health of the global economy, particularly the mainland, sparked a sell-off in financials and energy shares, according to government radio. (AP Photo/Vincent Yu)PARIS (AP) — Questions are growing over the financial health of banks, particularly in Europe and the U.S., as they face a toxic mix of low economic growth, bad loans and squeezed earnings.
FireEye CEO sees slowing growth in 2016 cyber security spending
(Reuters) - FireEye Inc Chief Executive Dave DeWalt said on Thursday he sees cyber security spending growing at a reduced rate this year after posting strong gains in 2015 amid a spate of high-profile cyber attacks. He said the industry's sales were boosted last year by "emergency spending" following major breaches that prompted some businesses to place massive orders for cyber security technology. "Now I see a much more normalized spending environment," he said in an interview ahead of the company's quarterly earnings call with analysts. (Reporting by Jim Finkle; Editing by Chris Reese)
ArcelorMittal South Africa posts gaping loss as Chinese imports bite
Steel bars are seen during production at ArcelorMittal steel factory in ZenicaArcelorMittal South Africa Ltd on Friday posted a full-year loss that was 23 times wider than its loss of a year earlier, as the steelmaker grappled with cheap imports from China and rising labour and electricity costs. The ArcelorMittal SA unit, which is reviewing operations at its major export-focused plant in Saldanha on South Africa's west coast, reported a headline loss of 1,338 cents per share for the year ended Dec. 31, compared with 57 cents the previous year. Headline earnings per share is the main measure of profitability in South Africa and strips out certain one-off items.
Troubled Rolls-Royce cuts dividend, logs mixed earnings
British engines maker Rolls-Royce has slashed its shareholder dividend and warns 2016 will also be challengingBritish engines maker Rolls-Royce on Friday slashed its shareholder dividend and warned 2016 would also be challenging, and posted mixed annual earnings. Net profit, or earnings after taxation, rose 20 percent to £83 million ($120 million, 106 million euros) last year compared with 2014, the company said in a results statement amid its ongoing restructuring. The London-listed firm -- which supplies engines to aviation giants Airbus and Boeing -- also cut its full-year dividend to 16.37 pence from 23.1 pence and repeated its gloomy outlook.
New York Fashion Week: Siriano goes for knits
Fashion from the Christian Siriano Fall-Winter 2016 collection is modeled during Fashion Week on Saturday, Feb. 13, 2016, in New York. (AP Photo/Andres Kudacki)NEW YORK (AP) — The Associated Press is all over New York Fashion Week, from the runway designs to the celebrity-filled front rows. Here are some recent highlights:

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2016 Toyota Corolla Homestead, Miami, Kendall, Hollywood, South Miami, FL 4257092016 Toyota Corolla South Dade Toyota: Servicing Homestead, Florida near Miami, Kendall, Hollywood, and South Miami, FL.
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What Justice Scalia's death means for pending Supreme Court decisions

GOP candidates urge Senate to block Obama's Supreme Court pick

Fact check: Republicans debaters on high court, economy

Republican presidential candidates, from left, Ohio Gov. John Kasich, former Florida Gov. Jeb Bush, Sen. Ted Cruz, R-Texas, businessman Donald Trump, Sen. Marco Rubio, R-Fla., retired neurosurgeon Ben Carson participate during the CBS News Republican presidential debate at the Peace Center, Saturday, Feb. 13, 2016, in Greenville, S.C. (AP Photo/John Bazemore)WASHINGTON (AP) — The Republican presidential debaters misfired in assertions about Supreme Court nominees, Syria, immigration and more.

State Department releases more than 1,000 pages of Clinton emails

State Department Releases More Than 1,000 Pages of Clinton EmailsThe State Department today made publicly available online 551 documents comprising 1,012 pages from former Secretary of State Hillary Clinton's email account. Combined with the department's previous document releases –- which totaled 44,818 pages -– the total count of Clinton documents released is now 45,830 pages. Earlier this week a federal judge ordered the State Department speed up production of Clinton's emails, a process that was supposed to be completed by the end of January.

Supreme Court Justice Antonin Scalia dies at 79