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Applications for US unemployment aid fall to 340K
Applications for US unemployment aid fall to 340K
The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job growth.More >>
The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job growth.More >>
US new home sales up 2.3 percent in April
US new home sales up 2.3 percent in April
Sales of new homes rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high, further signs that housing is recovering.More >>
Sales of new homes rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high, further signs that housing is recovering.More >>
EU performs abrupt U-turn on olive oil regulation
EU performs abrupt U-turn on olive oil regulation
The EU has something important to say about its proposal to regulate olive oil on restaurant tables: Uh, never mind.More >>
The EU has something important to say about its proposal to regulate olive oil on restaurant tables: Uh, never mind.More >>
Markets roiled by Nikkei's 7.3 percent slide
Markets roiled by Nikkei's 7.3 percent slide
Asian stock markets slid Thursday, pulled down by a contraction in China's manufacturing that adds to signs that the shaky recovery in the world's No. 2 economy is slowing.More >>
Financial markets around the world were roiled Thursday after Japanese stocks suffered their biggest slide since the country was hit by a devastating tsunami more than two years ago.More >>
US rate on 30-year mortgages rises to 3.59 pct.
US rate on 30-year mortgages rises to 3.59 pct.
Average rates on fixed mortgage rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing...More >>
Average rates on fixed mortgage rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery.More >>
Stock slump continues on Wall Street
Stock slump continues on Wall Street
A global stock market slump is continuing on Wall Street as traders worry about how committed the Federal Reserve remains to keeping up its bond-buying program.More >>
A global stock market slump is continuing on Wall Street as traders worry about how committed the Federal Reserve remains to keeping up its bond-buying program.More >>
Ralph Lauren's 4Q profit rises 35 pct
Ralph Lauren's 4Q profit rises 35 pct
Ralph Lauren Corp. is reporting a 35 percent increase in fourth-quarter profit, but economic challenges here and abroad and certain strategic initiatives cut into sales.More >>
Ralph Lauren Corp. reported a 35 percent increase in fourth-quarter profit as the luxury retailer benefited from lower cotton prices. But economic challenges here and abroad and the move to eliminate some businesses to focus...More >>
Applications for US unemployment aid fall to 340K
Applications for US unemployment aid fall to 340K
The number of Americans applying for unemployment benefits fell by 23,000 last week, further evidence that the job market is slowly returning to health.More >>
The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job growth.More >>
ECB official: New bank authority 'indispensable'
ECB official: New bank authority 'indispensable'
A top European Central Bank official says an agency with powers to restructure and wind down busted banks is "indispensable" to strengthening the continent's banking system against future turmoil.More >>
A top European Central Bank official says an agency with powers to restructure and wind down busted banks is "indispensable" to strengthening the continent's banking system against future turmoil.More >>
US equities sell-off goes on; futures slump
US equities sell-off goes on; futures slump
The momentum of a late sell-off on Wall Street is carrying through for a second day, with U.S. futures and global stock markets in retreat.More >>
The momentum of a late sell-off on Wall Street carried over into a second day, sending U.S. futures and global stock markets into retreat.More >>
Oil down to near $93 on Chinese recovery concerns
Oil down to near $93 on Chinese recovery concerns
The price of oil fell below $94 per barrel Thursday after a private survey showed manufacturing activity in China falling to its lowest level in seven months, a sign that the recovery in the world's No. 2 economy...More >>
By PABLO GORONDI Associated Press The price of oil fell to near $93 a barrel on Thursday after a survey showed manufacturing activity in China falling to its lowest level in seven months, a sign that the...More >>
IMF head Lagarde in court in fraud probe
IMF head Lagarde in court in fraud probe
International Monetary Fund chief Christine Lagarde has appeared at a special Paris court to face questioning over a controversial arbitrage deal that she oversaw as French finance minister.More >>
International Monetary Fund chief Christine Lagarde is facing questions at a special Paris court Thursday over her role in the 400 million euro ($520 million) pay-off to a controversial businessman when she was France's...More >>
Japan gyrations underline economy's vulnerability
Japan gyrations underline economy's vulnerability
Yields on 10-year Japanese government bonds briefly topped 1 percent for the first time in a year on Thursday, unnerving some investors at a time when Japan's already overburdened government finances are...More >>
Japan's financial markets gyrated wildly Thursday, underscoring the vulnerability of its economy to a loss of investor confidence as Prime Minister Shinzo Abe attempts shock monetary easing to end two decades of...More >>
Stricken Japan nuke plant struggles to keep staff
Stricken Japan nuke plant struggles to keep staff
Keeping the meltdown-stricken Fukushima nuclear plant in northeastern Japan in stable condition requires a cast of thousands. Increasingly the plant's operator is struggling to find enough workers, a trend that...More >>
Keeping the meltdown-stricken Fukushima nuclear plant in northeastern Japan in stable condition requires a cast of thousands. Increasingly the plant's operator is struggling to find enough workers, a trend that many...More >>
Birth control coverage up for federal appeal
Birth control coverage up for federal appeal
Contraception coverage by for-profit companies faces a prominent test in Denver.More >>
In the most prominent challenge of its kind, Hobby Lobby Stores Inc. is asking a federal appeals court Thursday for an exemption from part of the federal health care law that requires it to offer employees health coverage...More >>
Bangladesh: Owners' many failings led to collapse
Bangladesh: Owners' many failings led to collapse
The defects and errors that led to the world's deadliest garment-industry accident extend from the swampy ground the doomed Rana Plaza was built on, to "extremely poor quality" construction materials, to the...More >>
The defects and errors that led to the world's deadliest garment-industry accident extend from the swampy ground the doomed Rana Plaza was built on, to "extremely poor quality" construction materials, to the massive,...More >>
House to vote on variable rate student loans
House to vote on variable rate student loans
House lawmakers are ready to pass legislation that links student loan rates to the financial markets in spite of a veto threat from President Barack Obama.More >>
House lawmakers are ready to pass legislation that links student loan rates to the financial markets in spite of a veto threat from President Barack Obama.More >>
Between economy and trouble, Obama approval steady
Between economy and trouble, Obama approval steady
The economy is recovering, the White House is dealing with multiple controversies, and President Barack Obama appears generally unaffected either way.More >>
The economy is recovering, the White House is dealing with multiple controversies, and President Barack Obama appears generally unaffected either way.More >>
Lenovo says quarterly profit up 90 percent
Lenovo says quarterly profit up 90 percent
Computer maker Lenovo Group said Thursday its latest quarterly profit rose 90 percent as sales of smartphones and mobile computing technology expanded.More >>
Computer maker Lenovo Group said Thursday its latest quarterly profit rose 90 percent as sales of smartphones and mobile computing technology expanded.More >>
Building materials blamed in Bangladesh disaster
Building materials blamed in Bangladesh disaster
A government investigation says poor quality construction materials and building code violations contributed to the collapse of building housing garment factories last month in Bangladesh.More >>
A government investigation found that "extremely" poor quality construction materials and a series of violations caused the collapse of a garment factory building in Bangladesh that has been called the worst garment-industry...More >>
Survey shows China manufacturing contracting
Survey shows China manufacturing contracting
A survey shows China's manufacturing contracted this month, adding to signs a fragile economic recovery is slowing.More >>
A survey shows China's manufacturing contracted this month, adding to signs a fragile recovery in the world's No. 2 economy is slowing.More >>
Urban renewal? Big US cities showing strong growth
Urban renewal? Big US cities showing strong growth
Urban renewal? New census estimates show that most of the nation's largest cities further enhanced their allure last year, posting strong population growth for a second straight year.More >>
Urban renewal? New census estimates show that most of the nation's largest cities further enhanced their allure last year, posting strong population growth for a second straight year.More >>
Ford to end auto production in Australia in 2016
Ford to end auto production in Australia in 2016
Ford Motor Co. said Thursday it will close its two Australian auto plants, ending production in the country in 2016, amid soaring manufacturing costs and plummeting sales.More >>
Ford Motor Co. said Thursday it will close its two Australian auto plants, ending production in the country in 2016, amid soaring manufacturing costs and plummeting sales.More >>
Asia stocks down as China factory output slips
Asia stocks down as China factory output slips
Asian stock markets were mostly higher Wednesday after investor confidence was boosted by a Federal Reserve official's comments that the U.S. central bank should stick with its super-easy monetary policy.More >>
Asian stock markets fell Thursday, weighed down by a contraction in China's manufacturing that adds to signs a shaky recovery in the world's No. 2 economy is slowing.More >>
Am. Samoa to keep flier miles of govt travelers
Am. Samoa to keep flier miles of govt travelers
American Samoa plans to take away frequent flier miles from government workers who travel on behalf of the U.S. territory.More >>
American Samoa plans to take away frequent flier miles from government workers who travel on behalf of the U.S. territory and use the loyalty points to help medical patients and students travel off the islands when necessary.More >>
Talk of lies, pride as Trump case goes to jury
Talk of lies, pride as Trump case goes to jury
An attorney for an 87-year-old grandmother who accuses Donald Trump of cheating her in a condo deal has told jurors the "Apprentice" star lied on the witness stand.More >>
The lawyer for an 87-year-old woman who accuses Donald Trump of cheating her in a skyscraper condo deal told jurors in Chicago on Wednesday that he was personally repulsed because he felt the "Apprentice" star conned his...More >>
Broke no laws, IRS official says _ then takes 5th
Broke no laws, IRS official says _ then takes 5th
A House committee taking Congress' latest look at the Internal Revenue Service's mistreatment of tea party groups will apparently have to do so without input from the star witness.More >>
At the center of a political storm, an Internal Revenue Service supervisor whose agents targeted conservative groups swore Wednesday she did nothing wrong, broke no laws and never lied to Congress. Then she refused to answer...More >>
House passes GOP bill to speed pipeline approval
House passes GOP bill to speed pipeline approval
The House has taken up a Republican-sponsored bill that would speed approval of the proposed Keystone XL oil pipeline from Canada to Texas.More >>
House Republicans pushed through a bill Wednesday to bypass the president to speed approval of the Keystone XL oil pipeline from Canada to Texas. Democrats criticized the legislation as a blatant attempt to allow a foreign...More >>
HP's 2Q offers hope even as revenue slump deepens
HP's 2Q offers hope even as revenue slump deepens
Hewlett-Packard's slump is deepening as the world's largest personal computer maker scrambles to meet the growing demand for more versatile and less expensive mobile devices.More >>
Hewlett-Packard is still scrambling to meet the growing demand for more versatile and less expensive mobile devices as a slump in its personal computer sales deepens, but the company's cost-cutting measures and focus on...More >>
Union power at issue as Garcetti elected LA mayor
Union power at issue as Garcetti elected LA mayor
Councilman Eric Garcetti, who jammed with pop star Moby and fashioned himself as a voice for a new generation of city leaders, has opened a growing lead in the race for Los Angeles mayor with the pool of uncounted...More >>
The incoming mayor of Los Angeles was able to defeat a fellow Democrat by depicting her as a pawn of utility union bosses in a city long friendly to labor, an outcome expected to echo beyond California as unions nationwide...More >>
Tesla uses stock, note sale to repay government
Tesla uses stock, note sale to repay government
Electric car maker Tesla Motors says it has repaid a loan from the U.S. government nine years early.More >>
Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early.More >>
Stocks fall on news Fed weighed cutting stimulus
Stocks fall on news Fed weighed cutting stimulus
Stocks are moving higher Wednesday morning after Federal Reserve Chairman Ben Bernanke said it was too soon for the central bank to pull back on its massive economic stimulus programs.More >>
The Federal Reserve took financial markets for a ride Wednesday, pushing stock prices up in the morning then sending them down in the afternoon.More >>
Senate rejects bid to let states run food stamps
Senate rejects bid to let states run food stamps
The Senate has rejected a Republican amendment to turn the federal food stamp program over to the states.More >>
The Senate on Wednesday rejected a Republican bid to turn the federal food stamp program over to the states.More >>
FDA panel backs experimental Merck insomnia drug
FDA panel backs experimental Merck insomnia drug
A federal panel of medical experts says that an experimental insomnia drug from Merck & Co Inc. appears safe and effective, despite evidence from company trials that the pill can cause daytime sleepiness and...More >>
A federal panel of medical experts said that an experimental insomnia drug from Merck & Co. Inc. appears safe and effective, despite evidence from company trials that the pill can cause daytime sleepiness and difficulty...More >>
Key House chairman slams Senate immigration bill
Key House chairman slams Senate immigration bill
A far-reaching bill to remake the nation's troubled immigration system is headed to the full Senate after approval by the Senate Judiciary Committee.More >>
A key House committee chairman on Wednesday sharply criticized a wide-ranging immigration bill just passed by a Senate committee, underscoring the difficulties ahead as the politically volatile measure moves forward in a...More >>
Senators warm to transportation nominee
Senators warm to transportation nominee
President Barack Obama's nominee for transportation secretary is getting a friendly reception from senators of both parties laced with warnings that the nation needs to make a host of transportation improvements...More >>
President Barack Obama's nominee for transportation secretary - Charlotte Mayor Anthony Foxx - received a friendly reception from senators of both parties Wednesday laced with warnings that the nation needs to make a...More >>
House committee passes Iran sanctions legislation
House committee passes Iran sanctions legislation
A new push to thwart Iran's nuclear ambitions by crippling the country's economy is gathering momentum on Capitol Hill.More >>
A new push to thwart Iran's nuclear ambitions by crippling the country's economy gathered momentum on Capitol Hill Wednesday with approval of legislation by the House Foreign Affairs Committee that would impose even...More >>
Target's 1Q profit drops 29 pct on weak sales
Target's 1Q profit drops 29 pct on weak sales
Target Corp. is reporting a 26 percent drop in first-quarter profits as cool temperatures and financial pressures limited customers' appetite for spending.More >>
Target Corp. reported a 29 percent drop in first-quarter profit as unusually cool spring weather and financial pressures chilled customers' appetite for spending.More >>
Lowe's 1Q profit rises, but results miss Street
Lowe's 1Q profit rises, but results miss Street
Lowe's first-quarter net income rose almost 3 percent, even as a wet and cool spring dampened sales of gardening products.More >>
Lowe's said Wednesday that its first-quarter net income rose nearly 3 percent, but results fell short of expectations as rainy weather hurt spring gardening sales.More >>
A divided Fed wrestles with when to slow bond buys
A divided Fed wrestles with when to slow bond buys
The Federal Reserve is torn over when to slow its aggressive efforts to stimulate the economy.More >>
The Federal Reserve is torn over when to slow its aggressive efforts to stimulate the economy.More >>
Vatican releases 1st report of financial watchdog
Vatican releases 1st report of financial watchdog
The Vatican has taken another step in trying to show greater financial transparency by publishing a first annual report from its new financial watchdog agency.More >>
The Vatican took another step Wednesday to show greater financial transparency by publishing the first annual report from its financial watchdog agency and announcing new regulations to fight money laundering and terror...More >>
Stocks fall on news Fed weighed cutting stimulus
Stocks fall on news Fed weighed cutting stimulus
Stocks are closing lower on news that several Federal Reserve policymakers favored cutting back on stimulus programs as early as June if the economy continues to improve.More >>
Stocks are closing lower on news that several Federal Reserve policymakers favored cutting back on stimulus programs as early as June if the economy continues to improve.More >>
Palestinians have little faith in Kerry effort
Palestinians have little faith in Kerry effort
Palestinians believe the U.S. effort to restart peace talks is doomed, and they're preparing instead to resume their campaign of seeking membership in key international organizations as soon as next month,...More >>
Palestinians believe the U.S. effort to restart peace talks is doomed, and they're preparing instead to resume their campaign of seeking membership in key international organizations as soon as next month, officials told...More >>
Trial for captain in deadly shipwreck in Italy
Trial for captain in deadly shipwreck in Italy
A judge in Italy has ordered the captain of the Costa Concordia to stand trial in the shipwreck of the cruise liner, which struck a reef off Tuscany last year, killing 32 people.More >>
An Italian judge has ordered the captain of the Costa Concordia cruise ship to stand trial for manslaughter in the vessel's shipwreck off the coast of Tuscany, which killed 32 people.More >>
Fiat Industrial aims to shift tax home to Britain
Fiat Industrial aims to shift tax home to Britain
Fiat Industrial disputed as "absolutely false" reports Wednesday that Italy would lose 500 million euros ($646 million) in tax revenues if it moves its tax base to Britain after it completes a merger with its...More >>
Fiat Industrial disputed as "absolutely false" reports Wednesday that Italy would lose 500 million euros ($646 million) in tax revenues if it moves its tax base to Britain after it completes a merger with its U.S.-based...More >>
Oil falls near $94 on small drop in supplies
Oil falls near $94 on small drop in supplies
By PABLO GORONDI Associated Press The price of oil fell near $95 a barrel Wednesday as the nation's oil supply fell less than expected and demand for gasoline remained weak.More >>
By The Associated Press The price of oil fell near $94 a barrel Wednesday as the nation's oil supply fell less than expected and demand for gasoline remained weak.More >>
EU steps up fight against tax evasion by end 2013
EU steps up fight against tax evasion by end 2013
The European Union's leaders are seeking to advance their fight against tax evasion and close loopholes for large corporations' creative tax avoidance schemes.More >>
The European Union's leaders took a major step in tackling tax-dodgers Wednesday by pushing to end bank secrecy across the bloc's 27 members by the end of the year.More >>
Fed weighed slowing its pace of bond purchases
Fed weighed slowing its pace of bond purchases
Several Federal Reserve policymakers this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as summer - if the economy showed strong and sustained growth. But...More >>
Several Federal Reserve policymakers this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as June - if the economy showed strong and sustained growth. But those officials...More >>
Bernanke signals Fed to maintain stimulus efforts
Bernanke signals Fed to maintain stimulus efforts
Chairman Ben Bernanke is telling Congress that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs.More >>
Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its extraordinary stimulus programs.More >>
Global, local issues for Iran in upcoming election
Global, local issues for Iran in upcoming election
By The Associated Press Main domestic and international issues facing Iran ahead of its June 14 presidential election:More >>
By The Associated Press Main domestic and international issues facing Iran ahead of its June 14 presidential election:More >>
Fox show brings messy workplaces to television
Fox show brings messy workplaces to television
This time "you're fired" is more than a Donald Trump catchphrase. Fox is turning the firing of real people from real jobs into prime-time entertainment starting this week.More >>
This time "you're fired" is more than a Donald Trump catchphrase. Fox is turning the firing of real people from real jobs into prime-time entertainment starting this week.More >>
Fox show brings messy workplaces to television
Fox show brings messy workplaces to television
This time "you're fired" is more than a Donald Trump catchphrase. Fox is turning the firing of real people from real jobs into prime-time entertainment starting this week.More >>
This time "you're fired" is more than a Donald Trump catchphrase. Fox is turning the firing of real people from real jobs into prime-time entertainment starting this week.More >>
Judge: Hollister clothing unfriendly to disabled
Judge: Hollister clothing unfriendly to disabled
A federal judge in Denver is considering an injunction after ruling that nearly 250 Abercrombie & Fitch Co. and J.M. Hollister LLC clothing stores are unfriendly to the disabled.More >>
A federal judge in Denver is contemplating an injunction against Abercrombie & Fitch Co. and J.M. Hollister LLC after ruling earlier that nearly 250 of their clothing stores that cater to a hip, young clientele are...More >>
Weak yen a help for Japan, but headache elsewhere
Weak yen a help for Japan, but headache elsewhere
A steady decline in the yen is proving a godsend for exporters such as Toyota and has won solid support from Japan's main trading partners, who are betting the impact on their own currencies will be offset by...More >>
A steady fall in the value of the yen is proving a godsend for exporters such as Toyota. The cheaper yen is making their products more affordable overseas.More >>
Fox show brings messy workplaces to television
Fox show brings messy workplaces to television
This time "you're fired" is more than a Donald Trump catchphrase. Fox is turning the firing of real people from real jobs into prime-time entertainment starting this week.More >>
This time "you're fired" is more than a Donald Trump catchphrase. Fox is turning the firing of real people from real jobs into prime-time entertainment starting this week.More >>
North Korean leader sends special envoy to China
North Korean leader sends special envoy to China
North Korean leader Kim Jong Un dispatched a high-profile official and close confidant to China on Wednesday as Beijing faces pressure to rein in its belligerent neighbor.More >>
After months of ignoring Chinese warnings to give up nuclear weapons, North Korean leader Kim Jong Un sent a high-level confidant to Beijing on Wednesday, in a possible effort to mend strained ties with his country's...More >>
'BOOM TOWN BABY': African stock markets see gains
'BOOM TOWN BABY': African stock markets see gains
African financial analysts say the continent's economies are growing quickly and offer excellent investment opportunities.More >>
The barrage of hourly tweets sent out by Aly-Khan Satchu - East Africa's version of CNBC's Mad Money host Jim Cramer - cheers on what Satchu says is a growing sentiment among investors: If you're not investing in...More >>
Feds open special inspection into NC nuke plant
Feds open special inspection into NC nuke plant
Federal regulators said Wednesday that they are conducting a special inspection of a nuclear power plant outside North Carolina's capital city that was forced to shut down last week after operators discovered...More >>
Federal regulators said Wednesday that they are conducting a special inspection of a nuclear power plant outside North Carolina's capital city that was forced to shut down last week after operators discovered corrosion...More >>
Germans, French eye plan to create jobs for young
Germans, French eye plan to create jobs for young
Germany and France are preparing to launch a drive to combat the problem of high European youth unemployment, which officials in Berlin say will center on trying to get business involved and make better use of...More >>
Germany and France are preparing to launch a drive to combat the problem of high European youth unemployment, which officials in Berlin say will center on trying to get business involved and make better use of...More >>
Kenya's truth report: Killings, land grabs, graft
Kenya's truth report: Killings, land grabs, graft
Kenyan President Uhuru Kenyatta has received a long-awaited Truth Justice and Reconciliation Commission report whose findings show that his father, the country's first president, presided over a government...More >>
Kenya's president received a long-awaited Truth Justice and Reconciliation Commission report that names the president and his deputy as being among those suspected of planning and financing Kenya's 2007-08...More >>
Chinese premier visits Pakistan, praises ties
Chinese premier visits Pakistan, praises ties
Pakistan says it shares "identical views" on foreign policy with China, whose premier is beginning a two-day visit to Islamabad in the latest sign of the tight relationship between the two Asian powers.More >>
China's premier signed economic agreements and praised Pakistan in glowing terms as he began a two-day visit Wednesday, underscoring the importance of the longstanding alliance to the two Asian powers.More >>
IMF calls on Britain to do more for growth
IMF calls on Britain to do more for growth
The Bank of England's policymakers remain divided on whether to provide more stimulus to the flat-lining economy.More >>
The International Monetary Fund has called on Britain to do more to support the economic recovery, urging the government Wednesday to speed up investment in infrastructure and come up with a plan to privatize its bailed out...More >>
AAA: 31.2M drivers to take Memorial Day road trip
AAA: 31.2M drivers to take Memorial Day road trip
By SCOTT MAYEROWITZ AP Business Writer It's going to be another busy Memorial Day weekend on the nation's highways.More >>
By SCOTT MAYEROWITZ AP Business Writer It's going to be another busy Memorial Day weekend on the nation's highways.More >>
US auto factories cutting back on summer downtime
US auto factories cutting back on summer downtime
Detroit auto factories are forgoing their traditional two-week summer break and speeding up production to meet buyers' growing demand for new cars and trucks.More >>
The Detroit automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers' growing demand for new cars and trucks.More >>
Iceland forms center-right govt, halts EU talks
Iceland forms center-right govt, halts EU talks
Progressive Party leader Sigmundur David Gunnlaugsson has been chosen as Iceland's new prime minister.More >>
The leader of the center-right Progressive Party was chosen as Iceland's new prime minister Wednesday and promptly announced a halt to talks with the European Union about joining the 27-nation bloc.More >>
US home sales tick up to highest in 3 ½ years
US home sales tick up to highest in 3 ½ years
Sales of previously-occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale.More >>
Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale.More >>
African Union celebrates 50th year
African Union celebrates 50th year
African nations this week mark the 50th year since the founding of a continentwide organization, now called the African Union, that spearheaded efforts to liberate the continent from colonial masters.More >>
African nations this week mark the 50th year since the founding of a continentwide organization that spearheaded efforts to liberate Africa from colonial masters. Now leaders want to map out the next 50 years of political...More >>
Stocks edge higher as investors watch the Fed
Stocks edge higher as investors watch the Fed
Stocks are opening slightly higher as investors watch for the latest moves from the Federal Reserve.More >>
Stocks are opening slightly higher as investors watch for the latest moves from the Federal Reserve.More >>
Richard Carrion declares IOC presidential bid
Richard Carrion declares IOC presidential bid
Richard Carrion of Puerto Rico entered the IOC presidential race Wednesday, promising to use his business experience to guide the Olympics through the world's troubled financial times and proposing to deploy IOC...More >>
Richard Carrion of Puerto Rico entered the IOC presidential race Wednesday, promising to use his business experience to guide the Olympics through the world's troubled financial times and proposing to deploy IOC staff...More >>
Oil stays near $96 before crude stocks report, Fed
Oil stays near $96 before crude stocks report, Fed
The price of oil fell Wednesday as investors waited for a report on U.S. crude stocks and the Federal Reserve's latest views on the U.S. economy.More >>
By PABLO GORONDI Associated Press The price of oil was little changed above $96 a barrel Wednesday as investors waited confirmation of a rise in U.S. crude stocks and the Federal Reserve's latest views...More >>
Futures rise; all eyes on the Fed
Futures rise; all eyes on the Fed
U.S. stock futures are rising with the nation's central bank seemingly committed to ushering along a financial rebound and the housing market nearing an important milestone.More >>
U.S. stock futures are rising with the nation's central bank seemingly committed to ushering along a financial rebound and the housing market nearing an important milestone.More >>
Sony mulls hedge fund's entertainment sale idea
Sony mulls hedge fund's entertainment sale idea
Sony's CEO Kazuo Hirai says the company's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division.More >>
Sony's CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division.More >>
Kerry praises $2.1 billion Raytheon deal in Oman
Kerry praises $2.1 billion Raytheon deal in Oman
U.S. Secretary of State John Kerry is talking with officials in Oman about their plans to buy a $2.1 billion air defense system from American manufacturer Raytheon.More >>
U.S. Secretary of State John Kerry met Wednesday with officials in Oman to discuss their plans to buy a $2.1 billion air defense system from American manufacturer Raytheon.More >>
Japan's central bank says economy picking up
Japan's central bank says economy picking up
Japan's central bank says the world's third-biggest economy is "picking up" as demand recovers in other countries and remains resilient at home, though the trade deficit widened in April, for the tenth...More >>
Japan's central bank says the world's third-biggest economy is "picking up" as demand recovers in other countries and remains resilient at home, though the trade deficit widened in April, for the tenth straight month.More >>
Bernanke testimony to be studied for policy clues
Bernanke testimony to be studied for policy clues
When Ben Bernanke testifies about the U.S. economy Wednesday, the Federal Reserve chairman's words will be examined for any clues that the Fed might soon taper - or increase - its support for the economy.More >>
When Ben Bernanke testifies about the U.S. economy Wednesday, the Federal Reserve chairman's words will be examined for any clues that the Fed might soon taper - or increase - its support for the economy.More >>
North Korean leader sends 'special envoy' to China
North Korean leader sends 'special envoy' to China
North Korea says that a "special envoy" for leader Kim Jong Un has left for China.More >>
North Korean leader Kim Jong Un dispatched a high-profile official and close confidant to travel to China on Wednesday as a special envoy while Beijing is under pressure to rein in its belligerent neighbor.More >>
Apple case seen as possible spur to tax action
Apple case seen as possible spur to tax action
A Senate panel says Apple Inc. is avoiding paying billions of dollars in U.S. taxes, but the world's most valuable company says it is complying with the laws and pays "an extraordinary amount" in taxes to the...More >>
Now that tech darling Apple Inc. has been dragged front and center into the debate over the U.S. tax code, lawmakers are hoping that the spotlight on such a high-profile company could be the catalyst for Congress to take...More >>
Asia stocks rise as Fed official backs easy policy
Asia stocks rise as Fed official backs easy policy
Asian stock markets fell Tuesday as investors waited for the U.S. Federal Reserve to telegraph what it plans to do next with its economic stimulus program.More >>
Asian stock markets were mostly higher Wednesday after investor confidence was boosted by a Federal Reserve official's comments that the U.S. central bank should stick with its super-easy monetary policy.More >>
Senate panel approves immigration bill
Senate panel approves immigration bill
The Senate Judiciary Committee hopes to nail down an elusive compromise on high-tech visas and may punt a controversy over gay marriage to the full Senate as it makes final drafting decisions on immigration...More >>
Far-reaching legislation that grants a chance at citizenship to millions of immigrants living illegally in the United States cleared the Senate Judiciary Committee on a solid bipartisan vote Tuesday night after supporters...More >>
Owner: Chinese boat's captain beaten by NKoreans
Owner: Chinese boat's captain beaten by NKoreans
China is urging North Korea to release a Chinese fishing boat whose owner says it was seized by gun-toting North Koreans earlier this month and held for ransom, in the latest irritant in relations between the...More >>
Gunmen wearing North Korean military uniforms released a Chinese fishing boat after holding its crew for two weeks, beating up the captain and stealing the vessel's fuel, the boat's owner said. He added that the...More >>
Japan's trade deficit hits $8.6B due to weaker yen
Japan's trade deficit hits $8.6B due to weaker yen
Japan reports its trade deficit widened to a larger-than-expected 879.9 billion yen ($8.6 billion) in April as its weakening currency accentuated surging import costs.More >>
Japan's trade deficit widened to a larger-than-expected 879.9 billion yen ($8.6 billion) in April as its weakening currency accentuated surging import costs.More >>
Senate panel approves immigration bill
Senate panel approves immigration bill
Far-reaching legislation to grant a chance at citizenship to millions of immigrants living illegally in the United States cleared the Senate Judiciary Committee on a solid bipartisan vote Tuesday night after...More >>
Far-reaching legislation to grant a chance at citizenship to millions of immigrants living illegally in the United States cleared the Senate Judiciary Committee on a solid bipartisan vote Tuesday night after supporters...More >>
Microsoft touts Xbox One as all-in-1 entertainment
Microsoft touts Xbox One as all-in-1 entertainment
Will Xbox mark the spot once again for Microsoft?More >>
Microsoft thinks it has the one.More >>
Ex-Ford execs charged in Argentine torture cases
Ex-Ford execs charged in Argentine torture cases
Three former Ford Motor Co. executives have been charged with crimes against humanity in Argentina for allegedly targeting union workers for kidnapping and torture after the country's 1976 military coup.More >>
Three former Ford Motor Co. executives were charged Tuesday with crimes against humanity for allegedly targeting Argentine union workers for kidnapping and torture after the country's 1976 military coup.More >>
JPMorgan's Dimon survives shareholder referendum
JPMorgan's Dimon survives shareholder referendum
Jamie Dimon, the chairman and CEO of JPMorgan Chase, says last year's $6 billion trading loss had been expensive and "extremely embarrassing," but he also asked shareholders not to fixate on the issue.More >>
Jamie Dimon, the CEO and chairman of JPMorgan Chase, easily survived a vote Tuesday that would have called on him to give up his role as chairman of the nation's largest bank. But shareholders sent a message that the...More >>
Best Buy reports 1Q loss on restructuring costs
Best Buy reports 1Q loss on restructuring costs
Best Buy Co. is reporting a loss in its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.More >>
Best Buy Co. on Tuesday reported a loss for its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.More >>
IRS official to take the 5th at House hearing
IRS official to take the 5th at House hearing
The former head of the Internal Revenue Service heads to Capitol Hill on Tuesday, giving lawmakers their first opportunity to question the man who ran the agency when agents were improperly targeting tea party groups.More >>
Summoned by Congress, a key figure in the Internal Revenue Service's targeting of conservative groups plans to invoke her constitutional right against self-incrimination and decline to testify at a congressional hearing...More >>
Housing recovery boosts Home Depot 1Q results
Housing recovery boosts Home Depot 1Q results
Even though the weather was poor, Home Depot posted an 18 percent increase in its net income for the first quarter thanks to the ongoing housing recovery.More >>
Home Depot Inc.'s first-quarter net income rose 18 percent, thanks to the ongoing housing recovery, despite a chilly and wet spring.More >>
Stocks gain on reassurance from a top Fed official
Stocks gain on reassurance from a top Fed official
Stock indexes fluctuated in early trading Tuesday as investors tried to predict the Fed's next move.More >>
Reassuring comments from a Federal Reserve official and better earnings from two big retailers helped push the stock market higher Tuesday.More >>
Key senator to let Myanmar sanctions bill lapse
Key senator to let Myanmar sanctions bill lapse
Lawmakers are asking Myanmar President Thein Sein (tane sane) to free nearly 250 political prisoners.More >>
Senate GOP leader Mitch McConnell, easing up on his long-held tough stance on Myanmar, said Tuesday he planned to allow key sanctions legislation against the Southeast Asian nation to lapse because of the country's...More >>
Senate votes to make small cut to food stamps
Senate votes to make small cut to food stamps
The Senate is debating cuts to the federally subsidized crop insurance program as it considers a massive farm bill this week.More >>
The Senate voted Tuesday to keep a $400 million annual cut - or roughly a half of 1 percent - to the food stamp program as part of a major five-year farm bill.More >>
Poll: Teens migrating to Twitter
Poll: Teens migrating to Twitter
A new poll finds that teens are sharing more about themselves on social media. They're also moving increasingly to Twitter to avoid their parents and the "oversharing" that they see on Facebook.More >>
Twitter is booming as a social media destination for teenagers who complain about too many adults and too much drama on Facebook, according to a new study published Tuesday about online behavior. It said teens are sharing...More >>
New Egypt tax law: cuts for poor, business hikes
New Egypt tax law: cuts for poor, business hikes
Egypt's president has signed a new tax law that cuts the amount paid by poorer Egyptians while increasing taxes on small and medium-sized businesses.More >>
Egypt's president signed a new tax law Tuesday that cuts the amount paid by poorer Egyptians in the latest move aimed at reforming the country's economy.More >>
Moniz: LNG exports on hold until data reviewed
Moniz: LNG exports on hold until data reviewed
Physicist Ernest Moniz has been sworn in as the nation's new energy secretary.More >>
Energy Secretary Ernest Moniz said Tuesday he will delay final decisions on about 20 applications to export liquefied natural gas until he reviews studies by the Energy Department and others on what impact the exports would...More >>
Stock indexes close higher on hopes for Fed
Stock indexes close higher on hopes for Fed
Stocks are closing higher on Wall Street as investors bank on continued support from the Federal Reserve.More >>
Stocks are closing higher on Wall Street as investors bank on continued support from the Federal Reserve.More >>
ESPN cutting workforce, 'smartly managing costs'
ESPN cutting workforce, 'smartly managing costs'
ESPN says that it is cutting its workforce.More >>
ESPN is cutting its workforce, the latest Disney division to reduce staff.More >>
Sprint boosts buyout offer for Clearwire
Sprint boosts buyout offer for Clearwire
Sprint says it has raised its buyout offer for the stake in Clearwire it does not already own by 14 percent.More >>
Sprint Nextel Corp. is offering 14 percent more than before for the stake in wireless data network operator Clearwire Corp. it does not already own, but a large shareholder said the offer was still inadequate.More >>
Sprint to listen to Dish offer
Sprint to listen to Dish offer
Wireless company Sprint Nextel Inc. says it can now let Dish Network see its books and talk with Dish to see whether its competing offer to buy Sprint is better than its current deal with Japan's SoftBank.More >>
Wireless company Sprint Nextel Corp. says it can now let Dish Network Corp. see its books and talk with Dish to see whether its competing offer to buy Sprint is better than its current deal with Japan's SoftBank.More >>
France: Drugmaker on trial, suspected in deaths
France: Drugmaker on trial, suspected in deaths
A French drug company and its founder are on trial on charges of misleading the public about a diabetes drug marketed as a weight loss method and suspected in hundreds of deaths.More >>
The makers of a diabetes and weight loss drug suspected in the deaths of hundreds of people went on trial Tuesday, facing charges they misled the public about the product's safety.More >>
Germany's SAP to recruit tech staff with autism
Germany's SAP to recruit tech staff with autism
German software giant SAP AG says it plans to recruit hundreds of staff with autism to make full use of their talents to process information.More >>
German software giant SAP AG said Tuesday it plans to recruit people with autism to take make full use of their talents to process information.More >>
Burberry's profit hit by perfume deal's demise
Burberry's profit hit by perfume deal's demise
British luxury brand Burberry says that the end of a perfume licensing deal depressed its bottom line, dragging net profit down 3 percent for the year ending on March 31.More >>
British luxury brand Burberry said Tuesday that rapidly improving business in developing markets was offset by the end of a perfume licensing deal, dragging net profit down 3 percent for the year.More >>
Indexes edge higher on Wall Street in midday trade
Indexes edge higher on Wall Street in midday trade
Stock indexes are edging higher in midday trading on Wall Street as investors look ahead to the Federal Reserve's next moves.More >>
Stock indexes are edging higher in midday trading on Wall Street as investors look ahead to the Federal Reserve's next moves.More >>
How the French economy compares to Germany's, UK's
How the French economy compares to Germany's, UK's
Here's how the struggling French economy stacks up compared to Germany's and Britain's.More >>
Here's how the struggling French economy stacks up compared to Germany's and Britain's:More >>
Lew: IRS actions "unacceptable and inexcusable"
Lew: IRS actions "unacceptable and inexcusable"
Treasury Secretary Jacob Lew says the Internal Revenue Service's targeting of conservative political groups was "unacceptable and inexcusable" and he has directed the agency's acting director to hold people...More >>
Treasury Secretary Jacob Lew says the Internal Revenue Service's targeting of conservative political groups was "unacceptable and inexcusable" and he has directed the agency's acting director to hold people...More >>
Does France have right plan to revive its economy?
Does France have right plan to revive its economy?
The man charged with reviving France's shrinking economy and attracting businesses to invest there is gaining a reputation for doing the opposite.More >>
The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite.More >>
Indexes edge higher on Wall Street in early trade
Indexes edge higher on Wall Street in early trade
Stock indexes are edging higher in early trading on Wall Street as investors look ahead to the Federal Reserve's next moves.More >>
Stock indexes are edging higher in early trading on Wall Street as investors look ahead to the Federal Reserve's next moves.More >>
German central bank: Economy to improve 'markedly'
German central bank: Economy to improve 'markedly'
Germany's central bank says the country's economy will improve "markedly" in the second quarter - a development that could boost the struggling eurozone.More >>
Germany's central bank expects the country's economy to improve "markedly" in the second quarter - a development that could boost the wider eurozone as it struggles to get out of recession.More >>
Oil price down to near $96 as traders wait for Fed
Oil price down to near $96 as traders wait for Fed
The price of oil rose toward $97 per barrel Tuesday, but gains were checked as investors waited for the Federal Reserve's latest views on the U.S. economy.More >>
By PABLO GORONDI Associated Press The price of oil fell to near $96 per barrel Tuesday as investors waited for the Federal Reserve's latest views on the U.S. economy.More >>
Futures fall as markets await hints from Fed
Futures fall as markets await hints from Fed
U.S. stock futures are down in light trading ahead of an appearance this week by Fed Chairman Ben Bernanke before Congress.More >>
U.S. stock futures are down in light trading ahead of an appearance this week by Fed Chairman Ben Bernanke before Congress.More >>
Vodafone annual profits up 1.9 percent
Vodafone annual profits up 1.9 percent
U.K.-based mobile telecoms company Vodafone has reported a 1.9 increase in annual profits despite a slowdown in much of its European operations.More >>
U.K.-based mobile telecoms company Vodafone has reported a 1.9 increase in annual profits despite a slowdown in much of its European operations.More >>
British inflation eases by more than expected
British inflation eases by more than expected
Official figures show that consumer price inflation in Britain eased in April, largely on the back of lower fuel prices and airfares.More >>
Official figures show that consumer price inflation in Britain eased in April, largely on the back of lower fuel prices and airfares.More >>
China's Li seeks stronger economic ties with India
China's Li seeks stronger economic ties with India
China's new premier says he chose India as the site of his first foreign visit because cooperation between the world's two most populous nations is crucial to world stability and economic growth.More >>
Chinese Premier Li Keqiang told Indian business leaders Tuesday that developing stronger economic ties between their two nations would have huge benefits for both sides.More >>
Head of embattled G4S security force retires
Head of embattled G4S security force retires
The chief executive of security firm G4S is to retire after a tumultuous year that saw the company fail to fulfill its Olympic contract.More >>
The chief executive of security firm G4S is to retire after a tumultuous year that saw the company fail to fulfill its Olympic contract.More >>
Should we let wunderkinds drop out of high school?
Should we let wunderkinds drop out of high school?
Thomas Sohmers, 17, of Hudson, Mass., has been working at a research lab at the Massachusetts Institute of Technology since he was 13, developing projects ranging from augmented reality eyewear to laser...More >>
Thomas Sohmers, 17, of Hudson, Mass., has been working at a research lab at the Massachusetts Institute of Technology since he was 13, developing projects ranging from augmented reality eyewear to laser communications...More >>
Average credit card debt, late payments fall in 1Q
Average credit card debt, late payments fall in 1Q
Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt.More >>
Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt.More >>
Asia stocks muted ahead of Fed meeting
Asia stocks muted ahead of Fed meeting
Evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher Monday.More >>
Asian stock markets struggled to post gains Tuesday as investors waited for the U.S. Federal Reserve to telegraph what it plans to do next with its economic stimulus program.More >>
Lew taps government retiree pension fund
Lew taps government retiree pension fund
Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national...More >>
Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt.More >>
Judge tosses ex-BP executive's obstruction charge
Judge tosses ex-BP executive's obstruction charge
A federal judge on Monday dismissed one of the two counts in the indictment of a former BP executive who was charged with concealing information from Congress about the amount of oil that was leaking from the...More >>
A federal judge has dismissed a charge that is the backbone of the case against a former BP executive accused of concealing information from Congress about the amount of oil spewing in 2010 from the company's blown-out...More >>
Yahoo looks to regain its cool with Tumblr deal
Yahoo looks to regain its cool with Tumblr deal
Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.More >>
After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online blogging forum Tumblr...More >>
Obama vows US support as Myanmar leader visits
Obama vows US support as Myanmar leader visits
Former general Thein Sein on Monday becomes the first Myanmar president to be welcomed to the White House in almost 47 years, crowning a dramatic diplomatic rehabilitation for his nation after years of...More >>
President Barack Obama on Monday told Myanmar's president during a long-awaited White House meeting that he appreciates the Asian leader's efforts to lead the country on its sometimes difficult path to democracy and...More >>
Panel: Apple uses firms outside US to avoid taxes
Panel: Apple uses firms outside US to avoid taxes
Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found.More >>
Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found.More >>
Should we let wunderkinds drop out of high school?
Should we let wunderkinds drop out of high school?
It's one thing to say tech geniuses don't need degrees. After all, Bill Gates, Steve Jobs and Mark Zuckerberg all dropped out of college.More >>
It's one thing to say tech geniuses don't need degrees. After all, Bill Gates, Steve Jobs and Mark Zuckerberg all dropped out of college.More >>
Lease to Broadway's biggest theater sold
Lease to Broadway's biggest theater sold
Britain's biggest theater groups has reached across the Atlantic Ocean and bought Broadway's biggest theater from Live Nation Entertainment for about $60 million.More >>
Britain's biggest theater group has reached across the Atlantic Ocean and bought the lease to Broadway's largest theater from Live Nation Entertainment for about $60 million.More >>
Warren Buffett gives young entrepreneurs 10 shares
Warren Buffett gives young entrepreneurs 10 shares
Billionaire Warren Buffett is spending his day listening to business pitches from a select group of kids, but the ideas aren't likely to generate new acquisitions for Buffett's Berkshire Hathaway conglomerate.More >>
Meeting Warren Buffett was exciting, but 10-year-old Matthew Meyer said winning $5,000 and 10 shares of stock in Buffett's company made Monday the best day of his life.More >>
Actavis buying Warner Chilcott in $8.5B deal
Actavis buying Warner Chilcott in $8.5B deal
Actavis is buying Warner Chilcott in an all-stock transaction valued at about $8.5 billion which would create the third-biggest specialty pharmaceutical company in the U.S.More >>
Actavis is buying Warner Chilcott in an all-stock deal valued at about $8.5 billion that would create the third-biggest specialty pharmaceutical company in the U.S. market.More >>
Senators require fingerprinting at 30 airports
Senators require fingerprinting at 30 airports
The Senate Judiciary Committee is aiming this week to pass a landmark immigration bill to secure the border and offer citizenship to millions, setting up a high-stakes debate on the Senate floor.More >>
Senate supporters of far-reaching immigration legislation accepted minor changes in public while negotiating over more sweeping alterations in private Monday as they drove toward expected Judiciary Committee approval by...More >>
White House says more farm subsidy cuts needed
White House says more farm subsidy cuts needed
The White House says it would like to see more cuts to agriculture subsidies in a massive farm bill moving through the Senate this week.More >>
The Obama administration said Monday it wants to see more cuts to agriculture subsidies in a massive farm bill moving through the Senate this week.More >>
Small company stock are a bright spot
Small company stock are a bright spot
Stocks were mixed in early trading on Wall Street after investors pushed indexes to record levels Friday.More >>
Small-company stocks were a bright spot in a subdued start to the week for Wall Street.More >>
Panel: Apple uses firms outside US to avoid taxes
Panel: Apple uses firms outside US to avoid taxes
Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found.More >>
Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found.More >>
United restarts 787 flights after grounding
United restarts 787 flights after grounding
By JOSHUA FREED AP Airlines Writer United Airlines is getting its 787s back in the air.More >>
By JOSHUA FREED AP Airlines Writer United Airlines put its 787 back in the air on Monday, with both the airline and Boeing hoping to put the plane's four-month grounding behind them.More >>
Alaska unveils plan to assess gas, oil in ANWR
Alaska unveils plan to assess gas, oil in ANWR
Alaska has unveiled a plan to determine the Arctic National Wildlife Refuge's oil and gas potential, as the state looks to reinvigorate the debate over whether to drill on the refuge's coastal plain.More >>
The state of Alaska on Monday proposed a multiyear, multimillion-dollar plan aimed at determining the true oil and gas potential in the Arctic National Wildlife Refuge.More >>
Oil rises on falling dollar; gasoline at $3.65
Oil rises on falling dollar; gasoline at $3.65
The price of oil rose Monday, taking its cue from the stock market and the dollar.More >>
The price of oil rose Monday, taking its cue from the stock market and the dollar.More >>
Small company stocks take the limelight
Small company stocks take the limelight
Small companies are taking the limelight on a choppy start to the week.More >>
Small companies are taking the limelight on a choppy start to the week.More >>
Special K churns out products in brand evolution
Special K churns out products in brand evolution
Special K was once just a line of cereals. Today, it's a diet food empire.More >>
Special K was once just a line of cereals. Today, it's a diet food empire.More >>
Ryanair keeps growing, reports record profits
Ryanair keeps growing, reports record profits
Ryanair has reported record profits as Europe's largest budget airline expands across the continent.More >>
Ryanair reported record profits Monday as Europe's largest budget airline expanded its route network across the continent and into North Africa.More >>
Los Angeles jeweler pleads guilty in KPMG case
Los Angeles jeweler pleads guilty in KPMG case
The owner of a jewelry store has pleaded guilty in Los Angeles for his role in an insider-trading case involving a former senior partner at accounting firm KPMG.More >>
The owner of a Los Angeles jewelry store pleaded guilty Monday for his role in an insider-trading case involving a former senior partner at accounting firm KPMG.More >>
Ex-Saab executives arrested on accounting charges
Ex-Saab executives arrested on accounting charges
A Swedish prosecutor says three former executives of automaker Saab Automobile AB have been arrested on accounting fraud charges.More >>
A Swedish prosecutor says three former executives of automaker Saab Automobile AB have been arrested on accounting fraud charges.More >>
Military sex abuse has long-term impact for vets
Military sex abuse has long-term impact for vets
New government figures underscore the staggering long-term consequences of military sexual assaults: More than 85,000 veterans were treated last year for injuries or illness linked to the abuse, and 4,000 sought...More >>
New government figures underscore the staggering long-term consequences of military sexual assaults: More than 85,000 veterans were treated last year for injuries or illness linked to the abuse, and 4,000 sought disability...More >>
Small-company stocks lead the market higher
Small-company stocks lead the market higher
The stock market is edging higher in midday trading, led by small-company shares.More >>
The stock market is edging higher in midday trading, led by small-company shares.More >>
Militiamen attack gas complex in western Libya
Militiamen attack gas complex in western Libya
A Libyan gas company official says militiamen have attacked a natural gas complex in the country's west, injuring two guards and stealing weapons and military vehicles.More >>
A Libyan gas company official says militiamen have attacked a natural gas complex in the country's west, injuring two guards and stealing weapons and military vehicles.More >>
Seamless and GrubHub to combine, no terms revealed
Seamless and GrubHub to combine, no terms revealed
Seamless North America and GrubHub on Monday announced plans to combine and create an online food ordering service covering more than 20,000 restaurants in 500 cities across the U.S.More >>
Rival online takeout services Seamless North America and GrubHub on Monday announced plans to combine and create a new company covering more than 20,000 restaurants in 500 cities across the U.S.More >>
High court uphold FCC power in cell tower disputes
High court uphold FCC power in cell tower disputes
The Supreme Court has affirmed the authority of federal regulators to try to speed local government decisions on proposals to build or expand cell phone towers.More >>
The Supreme Court has affirmed the authority of federal regulators to try to speed local government decisions on proposals to build or expand cell phone towers.More >>
Stocks open slightly lower on Wall Street
Stocks open slightly lower on Wall Street
Stocks are opening slightly lower on Wall Street as the stock market comes off of four straight weeks of gains.More >>
Stocks are opening slightly lower on Wall Street as the stock market comes off of four straight weeks of gains.More >>
Chesapeake names Anadarko executive as new CEO
Chesapeake names Anadarko executive as new CEO
Chesapeake Energy has named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO.More >>
Chesapeake Energy has named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO.More >>
UAE construction giant faces rare labor strike
UAE construction giant faces rare labor strike
United Arab Emirates-based construction company Arabtec says it's working to resolve a rare strike by laborers seeking higher wages.More >>
United Arab Emirates-based construction company Arabtec says it's working to resolve a rare strike by laborers seeking higher wages.More >>
US futures subdued as investors take stock
US futures subdued as investors take stock
U.S. stock futures are relatively flat as investors take a breather and some analysts wonder how long the bull-market run can last.More >>
U.S. stock futures are relatively flat as investors take a breather and some analysts wonder how long the bull-market run can last.More >>
Oil price falls below $96 a barrel
Oil price falls below $96 a barrel
The price of oil fell Monday ahead of the release later this week of economic data from the U.S. and China, the world's two largest economies, and a speech by the Federal Reserve chief.More >>
The price of oil fell Monday ahead of the release later this week of economic data from the U.S. and China, the world's two largest economies, and a speech by the Federal Reserve chief.More >>
Economists predict increase in consumer spending
Economists predict increase in consumer spending
Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists.More >>
Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists.More >>
China sentences underground bank operator to death
China sentences underground bank operator to death
A businesswoman in southern China has been sentenced to death on charges of defrauding investors as the government tightens controls on informal financing that is widely used by entrepreneurs.More >>
A businesswoman in southern China has been sentenced to death on charges of defrauding investors as the government tightens controls on informal financing that is widely used by entrepreneurs.More >>
AP IMPACT: Military sex abuse victims seek VA help
AP IMPACT: Military sex abuse victims seek VA help
More than 85,000 veterans were treated last year for injuries or illness stemming from sexual abuse in the military, and 4,000 sought disability benefits, underscoring the staggering long-term impact of a crisis that...More >>
More than 85,000 veterans were treated last year for injuries or illness stemming from sexual abuse in the military, and 4,000 sought disability benefits, underscoring the staggering long-term impact of a crisis that has...More >>
Russian oligarchs foot most of 2014 Sochi Olympics
Russian oligarchs foot most of 2014 Sochi Olympics
The mountains of Sochi are now home to Potanin's slope, Gazprom's gondola lift and Sberbank's ski jump. The nicknames used by locals and an army of construction workers leave no doubt about who is paying...More >>
The mountains of Sochi are now home to Potanin's slope, Gazprom's gondola lift and Sberbank's ski jump. The nicknames used by locals and an army of construction workers leave no doubt about who is paying for the...More >>
China asks NKorea to release fishing boat, crew
China asks NKorea to release fishing boat, crew
China is urging North Korea to release a Chinese fishing boat whose owner says it was seized by gun-toting North Koreans earlier this month and held for ransom, in the latest irritant in relations between the...More >>
China is urging North Korea to release a Chinese fishing boat whose owner says it was seized by gun-toting North Koreans earlier this month and held for ransom, in the latest irritant in relations between the neighboring...More >>
'Trek' does $70.6M but falls short of studio hopes
'Trek' does $70.6M but falls short of studio hopes
"Star Trek: Into Darkness" has warped its way to a $70.6 million domestic launch from Friday to Sunday, though it's not setting any light-speed records with a debut that's lower than the studio's...More >>
"Star Trek: Into Darkness" has warped its way to a $70.6 million domestic launch from Friday to Sunday, though it's not setting any light-speed records with a debut that's lower than the studio's expectations.More >>
US gas prices up 11 cents over past 2 weeks
US gas prices up 11 cents over past 2 weeks
The average U.S. price of a gallon of gasoline has jumped 11 cents over the past two weeks.More >>
The average U.S. price of a gallon of gasoline has jumped 11 cents over the past two weeks.More >>
Consumer group flags high SPF ratings on sunscreen
Consumer group flags high SPF ratings on sunscreen
Sunbathers this summer will find new sunscreen labels that are designed to make the products more effective and easier to use.More >>
Sunbathers headed to the beach this summer will find new sunscreen labels on store shelves that are designed to make the products more effective and easier to use. But despite those long-awaited changes, many sunscreens...More >>
Jamie Dimon under pressure ahead of investor vote
Jamie Dimon under pressure ahead of investor vote
Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs.More >>
Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs.More >>
Jamie Dimon under pressure ahead of investor vote
Jamie Dimon under pressure ahead of investor vote
Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs.More >>
Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs.More >>
Chinese premier visits India to boost ties
Chinese premier visits India to boost ties
Just weeks after a tense border standoff, China's new premier headed to India on Sunday for his first foreign trip as the neighboring giants look to speed up efforts to settle a decades-old boundary dispute and...More >>
Just weeks after a tense border standoff, China's new premier visited India on Sunday on his first foreign trip as the neighboring giants look to speed up efforts to settle a decades-old boundary dispute and boost...More >>
Slim, broadcasters take fight to soccer field
Slim, broadcasters take fight to soccer field
Mexicans often feel that billionaire Carlos Slim owns everything in their country, from telephone and Internet companies to banks and chain stores, but his latest acquisitive foray is meeting resistance after...More >>
Mexicans often feel that billionaire Carlos Slim owns everything in their country, from telephone and Internet companies to banks and chain stores, but his latest acquisitive foray is meeting resistance after touching a...More >>
Obama agenda marches on despite controversies
Obama agenda marches on despite controversies
Despite Democratic fears, predictions of the demise of President Barack Obama's agenda appear exaggerated after a week of cascading controversies, political triage by the administration and party leaders in...More >>
Despite Democratic fears, predictions of the demise of President Barack Obama's agenda appear exaggerated after a week of cascading controversies, political triage by the administration and party leaders in Congress and...More >>
White House insists Obama was not involved in IRS
White House insists Obama was not involved in IRS
A senior White House adviser insists President Barack Obama learned the Internal Revenue Service had been targeting tea party groups "when it came out in the news."More >>
A top White House adviser insisted Sunday that President Barack Obama learned the Internal Revenue Service had targeted tea party groups only "when it came out in the news" while Republicans continued to press the...More >>
'Britain's Obama' urges ties with West Africa
'Britain's Obama' urges ties with West Africa
A British lawmaker widely viewed as a rising star in the Labour Party says the United Kingdom should more aggressively forge ties with West Africa's growing economies.More >>
A rising star in Britain's Labour Party, described by some as the "British Barack Obama," Chuka Umunna urged the United Kingdom to more aggressively forge ties with West Africa's fast-growing economies.More >>
Pope leads pep rally at Vatican, meets with Merkel
Pope leads pep rally at Vatican, meets with Merkel
German Chancellor Angela Merkel, mindful of the weight of Christian voters in September elections, has discussed with Pope Francis how Europe's economy should better serve people.More >>
Pope Francis lamented that investment losses by banks trigger more alarm in the economic crisis than the struggle of people to feed their families, as he led a huge rally Saturday to invigorate the church's moral...More >>
Union leads march in Rome calling for job creation
Union leads march in Rome calling for job creation
A union of Italian metal workers has led thousands of people in a march through the heart of Rome to press the new government for measures to spur job creation.More >>
A union of Italian metal workers has led thousands of people in a march through the heart of Rome to press the new government for measures to spur job creation.More >>
Politics, bribery charges swirl around Ugandan oil
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...More >>
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...More >>
Report: Yahoo nearing $1.1B acquisition of Tumblr
Report: Yahoo nearing $1.1B acquisition of Tumblr
Yahoo CEO Marissa Mayer is promising to unveil "something special" Monday in New York as she tries to attract more traffic and advertising to the Internet company.More >>
Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she tries to attract more traffic and advertisers to the Internet company's website and mobile applications.More >>
Caribbean talks conservation on Branson's island
Caribbean talks conservation on Branson's island
In a bid to safeguard biodiversity and the Caribbean's tourism-based economy, regional political leaders and corporate executives will gather Friday on billionaire Richard Branson's private island with the...More >>
Surrounded by a turquoise sea and a menagerie of exotic animals on a billionaire's private island, political and business leaders gathered Friday to back an initiative aimed at expanding protection for the...More >>
Energy Dept. backs Texas LNG export plan
Energy Dept. backs Texas LNG export plan
The Energy Department has given conditional approval to a Texas company that wants to export liquefied natural gas, the second LNG export project the Obama administration has approved as it faces a wave of export...More >>
The Energy Department on Friday conditionally approved a Texas company's proposal to export liquefied natural gas, only the second such project allowed to move forward amid a production boom that has led to glut of...More >>
Stocks rise on hopeful signs for the US economy
Stocks rise on hopeful signs for the US economy
Encouraging news about the U.S. economy helped push stock prices higher in early trading on Wall Street Friday.More >>
Encouraging news about the U.S. economy extended the stock market's rally Friday.More >>
CBO: Obama budget cuts deficits $1.1T by 2023
CBO: Obama budget cuts deficits $1.1T by 2023
Congress' nonpartisan budget analyst says President Barack Obama's budget would trim projected federal deficits by $1.1 trillion over the coming decade.More >>
President Barack Obama's budget would trim projected federal deficits by $1.1 trillion over the coming decade, using nearly $6 in higher revenues for every $1 in reduced spending to achieve it, Congress' nonpartisan...More >>
A year after IPO, Facebook aims to be ad colossus
A year after IPO, Facebook aims to be ad colossus
It was supposed to be our IPO, the people's public offering.More >>
It was supposed to be our IPO, the people's public offering.More >>
Pew survey questions Gen X, baby boomer savings
Pew survey questions Gen X, baby boomer savings
A research report by the Pew Charitable Trusts says younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, high levels of debt, and losses during the Great Recession.More >>
A research report by the Pew Charitable Trusts says younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, high levels of debt, and losses during the Great Recession.More >>
GM stock rises above $33 for first time in 2 years
GM stock rises above $33 for first time in 2 years
Shares of General Motors are trading above $33 for the first time in over two years.More >>
Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time in more than two years.More >>
Argentine dictator Videla dies in prison at age 87
Argentine dictator Videla dies in prison at age 87
Former Argentine dictator Jorge Rafael Videla has died of natural causes while serving life sentences in prison for crimes against humanity.More >>
Former dictator Jorge Rafael Videla, who took power over Argentina in a 1976 coup and led a military junta that killed thousands of his fellow citizens in a dirty war to eliminate so-called "subversives," died quietly in his...More >>
Cyprus drops limits on 8 more foreign banks
Cyprus drops limits on 8 more foreign banks
Cyprus has eliminated limits on money transfers and withdrawals for international clients of another eight foreign banks doing business in the debt-laden country.More >>
Cyprus on Friday got rid of limits on money transfers and withdrawals for international clients of another eight foreign banks doing business in the debt-laden country.More >>

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