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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 >>
Despite controversies, Obama agenda marches on
Despite controversies, Obama agenda marches on
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 >>
Merkel and Pope talk about a 'strong' Europe
Merkel and Pope talk about a 'strong' Europe
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 >>
German Chancellor Angela Merkel, mindful of the weight of Christian voters in September elections, made a quick trip to Rome Saturday for a private meeting with Pope Francis, focusing on how Europe's struggling economy...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 >>
On jobs trip, Obama tries to leave problems behind
On jobs trip, Obama tries to leave problems behind
President Barack Obama is leaving behind scandal-focused Washington to focus on the country's slowly improving jobs picture.More >>
President Barack Obama tried on Friday to leave behind the political battles that have overshadowed his second-term agenda, saying lawmakers should work on creating more middle-class jobs in the slowly growing economy. "Our...More >>
Mexico cuts growth outlook from 3.5 to 3.1 percent
Mexico cuts growth outlook from 3.5 to 3.1 percent
The Mexican government says it has cut its economic growth forecast for 2013 from 3.5 percent to 3.1 after exports stagnated and first-quarter GDP figures came in weak.More >>
The Mexican government says it has cut its economic growth forecast for 2013 from 3.5 percent to 3.1 after exports stagnated and first-quarter GDP figures came in weak.More >>
Brazil approves law to modernize ports
Brazil approves law to modernize ports
Brazil's Congress has approved legislation aimed at modernizing and expanding the country's overcrowded ports and attracting private investments in the sector.More >>
Brazil plans to modernize and expand its overcrowded ports, attract private investments to the sector and make it easier for companies to hire skilled foreign workers, in a bid to spur economic growth,More >>
Syrian hackers compromise FT blog, Twitter feeds
Syrian hackers compromise FT blog, Twitter feeds
The Financial Times says that several of its blogs and Twitter feeds have been compromised by hackers. The Syrian Electronic Army, a pro-government group which has repeatedly attacked Western media organizations, has...More >>
A clutch of Twitter accounts and a blog maintained by the Financial Times were hacked Friday, the latest in a series of cyberattacks claimed by the Syrian Electronic Army, a pro-government group which has regularly targeted...More >>
Glance: Europe's Key Institutions
Glance: Europe's Key Institutions
By The Associated Press Following the chaotic bailout of Cyprus, top European Union officials are saying it's time to rethink how the region manages its crisis - and who should be involved.More >>
By The Associated Press Following the chaotic bailout of Cyprus, top European Union officials are saying it's time to rethink how the region manages its crisis - and who should be involved.More >>
Correction: Drunken Driving-Zero Deaths story
Correction: Drunken Driving-Zero Deaths story
Drunken driving claims the lives of more than a third of the people killed each year on U.S highways, a level of carnage that that has remained stubbornly consistent for the past decade and a half.More >>
In a story May 17 about a National Transportation Safety Board recommendation on a blood alcohol threshold for drivers, The Associated Press incorrectly reported the definition of a drink. The standard definition of a drink...More >>
Retirement tests if Beckham built lasting brand
Retirement tests if Beckham built lasting brand
David Beckham's pecs are at least as much a part of his brand as his kick; his brand of shoes ultimately more lucrative than the game he's giving up. Listed as the world's highest-earning athlete for...More >>
David Beckham's pecs are at least as much a part of his brand as his kick; his brand of shoes ultimately more lucrative than the game he's giving up. Listed as the world's highest-earning athlete for 2013,...More >>
Greece faces slow, jobless recovery next year
Greece faces slow, jobless recovery next year
Greece's international lenders say the country's six-year recession is still likely to end in 2014, but unemployment will remain above 20 percent for another three years.More >>
Greece's deep, six-year recession is likely to end in 2014, but growth will be weak and unemployment will remain above 20 percent for another three years, the country's international debt inspectors said.More >>
Italian Cabinet passes first economic measures
Italian Cabinet passes first economic measures
Italy's new cross-party government has adopted its first measures to help the economy. They include suspending a tax on primary residences and allocating funds to extend a short-term layoff scheme.More >>
Italy's new cross-party government has adopted its first measures to help the economy. They include suspending a tax on primary residences and allocating funds to extend a short-term layoff scheme.More >>
Unemployment falls in 40 US states, rises in 3
Unemployment falls in 40 US states, rises in 3
Solid hiring helped push down unemployment rates in 40 U.S. states last month, the most since November. The declines show job markets are improving in most areas of the country.More >>
Solid hiring helped lower unemployment rates in 40 U.S. states last month, the most since November. The declines show the job market is improving throughout most of the country.More >>
Bloomberg appoints ex-IBM CEO as privacy adviser
Bloomberg appoints ex-IBM CEO as privacy adviser
Bloomberg LP, the financial news and information service, says it's appointing Samuel Palmisano, the former CEO of IBM, as an independent advisor on its privacy and data standards.More >>
Bloomberg LP, the financial news and information service, on Friday said it has appointed Samuel Palmisano, the former CEO of IBM, as an independent adviser on its privacy and data standards.More >>
Fitch downgrades Slovenia amid banking concerns
Fitch downgrades Slovenia amid banking concerns
Fitch Ratings agency has downgraded Slovenia's credit grade by one notch, citing a weak economic outlook and a frail banking system.More >>
Fitch Ratings agency has downgraded Slovenia's credit grade by one notch, citing a weak economic outlook and a frail banking system.More >>
World stocks strong into the weekend
World stocks strong into the weekend
Asian stock markets were mixed in holiday-thinned trading Friday as investors digested a slew of disappointing economic data and corporate results from the U.S.More >>
World stock markets rose steadily on Friday after two key indicators suggested the U.S. economic expansion will continue.More >>
Gauge of US economy's future health up in April
Gauge of US economy's future health up in April
A measure of the U.S. economy's future health rose in solidly in April, buoyed by a sharp rise in applications to build new homes and apartments.More >>
A measure of the U.S. economy's future health rose solidly in April, buoyed by a sharp rise in applications to build homes and a better job market.More >>
Rising consumer demands aids organic industry sway
Rising consumer demands aids organic industry sway
The organic food industry is gaining clout on Capitol Hill, prompted by rising consumer demand and its entry into traditional farm states. But that isn't going over well with everyone in Congress.More >>
The organic food industry is gaining influence on Capitol Hill, prompted by its entry into traditional farm states and by increasing consumer demand.More >>
Top officials call to overhaul euro institutions
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.More >>
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.More >>
Tableau Software soars in trading debut
Tableau Software soars in trading debut
Tableau Software shares soared in their trading debut Friday after the company and some of its investors raised about $254.2 million in its initial public offering.More >>
Tableau Software shares soared in their trading debut Friday after the company and some of its investors raised about $254.2 million in its initial public offering.More >>
EU to ban reusable olive oil bottles in eateries
EU to ban reusable olive oil bottles in eateries
The European Union wants to ban the refillable olive oil bottles that sit on so many restaurant tables across the continent.More >>
The small glass bottle filled, and refilled, with golden olive oil has long been a staple on many restaurant tables across Europe. Now, the European Union is going to ban it.More >>
Hints of political change on horizon in Algeria
Hints of political change on horizon in Algeria
The Arab Spring may finally be en route to Algeria.More >>
The Arab Spring may finally be en route to Algeria.More >>
IMF says Cyprus at risk of even deeper recession
IMF says Cyprus at risk of even deeper recession
The International Monetary Fund says serious economic risks remain for Cyprus even after a big international bailout.More >>
The International Monetary Fund said Friday that substantial risks still loom for the Cypriot economy even after a multi-billion dollar international bailout aimed at averting a debt default.More >>
Stocks edge higher in early trading on Wall Street
Stocks edge higher in early trading on Wall Street
Stocks are slightly higher in early trading on Wall Street, even as several big retailers slumped after reporting disappointing earnings.More >>
Stocks are slightly higher in early trading on Wall Street, even as several big retailers slumped after reporting disappointing earnings.More >>
Czech, US cooperate in developing new reactors
Czech, US cooperate in developing new reactors
The United States says it has completed a transfer of 75 kilograms (165 pounds) of salt coolant material to the Czech Republic as part of cooperation between the two countries in developing new nuclear reactors.More >>
The United States says it has completed a transfer of 75 kilograms (165 pounds) of salt coolant material to the Czech Republic as part of cooperation between the two countries in developing new nuclear reactors.More >>
4-month strike at PSA Peugeot Citroen plant ends
4-month strike at PSA Peugeot Citroen plant ends
A four-month strike at a car factory north of Paris has come to an end, although the workers say they will still fight a plan to close the plant.More >>
A four-month strike at a car factory north of Paris has come to an end, although the workers say they will still fight a plan to close the plant.More >>
Oil gains to near $96 as investors eye US economy
Oil gains to near $96 as investors eye US economy
The price of oil fell below $95 per barrel Friday after new signs of a choppy economic recovery in the U.S.More >>
By PABLO GORONDI Associated Press The price of oil rose to near $96 a barrel on Friday ahead of the release of Conference Board's index of leading indicators for the U.S. economy.More >>
Futures rebound ahead of Conference Board report
Futures rebound ahead of Conference Board report
U.S. stock futures are rising with markets headed for a positive week overall, as investors shrug off some unsettling reports from retailers this week.More >>
U.S. stock futures are rising with markets headed for a positive week overall, as investors shrug off some unsettling reports from retailers this week.More >>
European car sales up for first time since 2011
European car sales up for first time since 2011
The European auto industry may be showing the first signs of a slowdown in its sales free-fall, according to data from the European automaker's association.More >>
The European auto industry may be showing the first signs of a slowdown in its sales free-fall, according to data from the European automaker's association.More >>
Indian circuses struggle to adapt after court bans
Indian circuses struggle to adapt after court bans
In the early morning heat and dust, daily practice at the Rambo Circus is in full swing. A trapeze creaks as two performers perfect their throws. A Colombian daredevil shouts to his colleagues scrambling atop a giant...More >>
In the early morning heat and dust, daily practice at the Rambo Circus is in full swing. A trapeze creaks as two performers perfect their throws. A Colombian daredevil shouts to his colleagues scrambling atop a giant set of...More >>
Syria ex-minister leads rebuilding plan
Syria ex-minister leads rebuilding plan
A six-member U.N. team led by a former Syrian planning minister is drawing up a comprehensive postwar reconstruction plan even as the country's civil war rages on with no apparent end in sight.More >>
A six-member U.N. team led by a former Syrian planning minister is drawing up a comprehensive postwar reconstruction plan even as the country's civil war rages on with no apparent end in sight.More >>
Google challenger in Vietnam redirecting queries
Google challenger in Vietnam redirecting queries
A Russian-financed search engine in Vietnam is redirecting queries for some politically sensitive terms to Google, apparently as a way of avoiding government anger or legal liability for sending surfers to sites...More >>
A Russian-financed search engine seeking to challenge Google's dominance in Vietnam is redirecting queries for some politically sensitive terms to the American company's search engine, apparently as a way of avoiding...More >>
Asia stocks mixed as holidays thin trade
Asia stocks mixed as holidays thin trade
Asian stock markets were mixed Thursday following dour European economic data that dampened hopes of a recovery there anytime soon. However, losses were limited by another record session on Wall Street.More >>
Asian stock markets were mixed in holiday-thinned trading Friday as investors digested a slew of disappointing economic data and corporate results from the U.S.More >>
House bill protects homeland security budget
House bill protects homeland security budget
House Republicans have moved to protect the Department of Homeland Security from the big cuts facing other domestic agencies under the party's slashing budget plan.More >>
A Republican-controlled House panel moved Thursday to protect the Department of Homeland Security from the big cuts facing other domestic agencies under the party's budget slashing plan.More >>
Wal-Mart's 1Q profit, sales disappoint
Wal-Mart's 1Q profit, sales disappoint
Wal-Mart Stores Inc. is reporting a slim 1.1 percent increase in first-quarter profit as the world's largest retailer struggled with a sales slump in its namesake business.More >>
The first few months of the year were tough for Wal-Mart Stores Inc.More >>
J.C. Penney posts bigger 1Q loss than expected
J.C. Penney posts bigger 1Q loss than expected
J.C. Penney Co. is reporting a first-quarter big loss on a 16 percent revenue plunge as the chain continues to reel from the turnaround plan implemented by its former CEO Ron Johnson, who was ousted last month.More >>
The legacy of J.C. Penney's former CEO is being felt at the department-store chain.More >>
Interior issues new drilling rule on public land
Interior issues new drilling rule on public land
The Obama administration is proposing a rule that would require companies that drill for oil and natural gas on federal lands to publicly disclose chemicals used in hydraulic fracturing operations. The new "fracking"...More >>
Companies that drill for oil and natural gas on federal lands will be required to disclose publicly the chemicals used in hydraulic fracturing operations, the Obama administration said Thursday. The new "fracking" rule...More >>
Dell's dismal 1Q illuminates PC maker's challenges
Dell's dismal 1Q illuminates PC maker's challenges
Dell's first-quarter earnings plunged 79 percent as the shift to smartphones and tablets reduced demand for the company's personal computers.More >>
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.More >>
Ticketmaster settles rewards lawsuit for $23M
Ticketmaster settles rewards lawsuit for $23M
Ticketmaster has agreed to settle claims for up to $23 million over a lawsuit affecting more than a million people who, after buying a ticket online, were enrolled in a rewards program that cost $9 a month but never...More >>
Ticketmaster has agreed to settle claims for up to $23 million over a lawsuit affecting more than a million people who, after buying a ticket online, were enrolled in a rewards program that cost $9 a month but never gave...More >>
A late fade on Wall Street; Wal-Mart, Disney slump
A late fade on Wall Street; Wal-Mart, Disney slump
Wal-Mart led the Dow Jones industrial average lower early Thursday after the world's largest retailer turned in weaker sales and a dim forecast for profits.More >>
Signs of a slowing economy combined with comments from a Federal Reserve official helped pull the stock market down Thursday.More >>
US rate on 30-year mortgage rises to 3.51 pct.
US rate on 30-year mortgage rises to 3.51 pct.
Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows. Cheaper mortgages have helped the economy by spurring more home-buying and refinancing.More >>
Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows. Cheaper mortgages have helped the economy by spurring more home-buying and refinancing.More >>
CFTC adopts weakened rule on derivatives trading
CFTC adopts weakened rule on derivatives trading
A rule intended to loosen the largest U.S. banks' control over the trading of complex investments and help safeguard the financial system was weakened Thursday by regulators.More >>
A rule intended to loosen the largest U.S. banks' control over the trading of complex investments and help safeguard the financial system was weakened Thursday by regulators.More >>
Second court invalidates Obama recess appointment
Second court invalidates Obama recess appointment
A second federal appeals court has ruled that President Barack Obama exceeded his power in making a recess appointment to the National Labor Relations Board.More >>
A second federal appeals court has found that President Barack Obama exceeded his power when he bypassed the Senate to install a member to the National Labor Relations Board.More >>
Canada PM on pipeline plan: Oil to come anyway
Canada PM on pipeline plan: Oil to come anyway
Canada's prime minister said Thursday that a controversial oil pipeline from his country to the U.S. Gulf Coast "absolutely needs to go ahead" and warned that the oil will be transported through America one way...More >>
A controversial oil pipeline to the U.S. Gulf Coast "absolutely needs to go ahead," Canada's prime minister said Thursday, and he warned that the oil will be transported through America one way or another.More >>
Venezuelans scrambling to find scarce toilet paper
Venezuelans scrambling to find scarce toilet paper
First milk, butter, coffee and cornmeal ran short. Now Venezuela is running out of the most basic of necessities - toilet paper.More >>
Venezuelans scrambled to stock up on toilet paper Thursday as fears of a bathroom emergency spread despite the socialist government's promise to import 50 million rolls.More >>
Only 2 of 13 small SUVs do well in crash tests
Only 2 of 13 small SUVs do well in crash tests
Only two of 13 small SUVs are getting passing grades in front-end crash tests done by an insurance industry group.More >>
Only two of 13 small SUVs performed well in front-end crash tests done by an insurance industry group, with several popular models faring poorly in the evaluations.More >>
A late fade on Wall Street; Wal-Mart, Disney slump
A late fade on Wall Street; Wal-Mart, Disney slump
Weak sales from Wal-Mart and discouraging economic reports resulted in a down day on the stock market.More >>
Weak sales from Wal-Mart and discouraging economic reports resulted in a down day on the stock market.More >>
Senate confirms physicist Moniz as energy chief
Senate confirms physicist Moniz as energy chief
The Senate has begun debate on President Barack Obama's nomination of physicist Ernest Moniz to lead the Energy Department.More >>
Physicist Ernest Moniz won unanimous Senate confirmation Thursday to be the nation's new energy secretary.More >>
Puerto Rico faces lowest coffee production ever
Puerto Rico faces lowest coffee production ever
Coffee production in Puerto Rico has hit the lowest level ever in the island's history, leaving farmers and government officials worried about how to revive a once burgeoning industry amid a deep economic crisis.More >>
Coffee production in Puerto Rico has hit the lowest level ever in the island's history, leaving farmers and government officials worried about how to revive a once burgeoning industry amid a deep economic crisis.More >>
Airlines losses narrowed in 1Q to $552 million
Airlines losses narrowed in 1Q to $552 million
U.S. airlines say they improved their financial performance in the first quarter, although they still lost money in what is traditionally the year's toughest travel period.More >>
U.S. airlines charged more in fares and fees and reduced debt as they improved their financial performance in the first quarter.More >>
Oil reverses early losses, tops $95 a barrel
Oil reverses early losses, tops $95 a barrel
Oil followed a familiar pattern Thursday, moving higher despite some less-than-stellar economic reports.More >>
Oil followed a familiar pattern Thursday, moving higher despite some less-than-stellar economic reports.More >>
Puerto Rico faces lowest coffee production ever
Puerto Rico faces lowest coffee production ever
Coffee production in Puerto Rico has hit the lowest level ever in the island's history, leaving farmers and government officials worried about how to revive a once burgeoning industry.More >>
Coffee production in Puerto Rico has hit the lowest level ever in the island's history, leaving farmers and government officials worried about how to revive a once burgeoning industry.More >>
Turkish PM talks Syria with Obama at White House
Turkish PM talks Syria with Obama at White House
President Barack Obama says the U.S. and Turkey will keep ramping up pressure to oust Syrian President Bashar Assad from power.More >>
President Barack Obama said Thursday that the U.S. and Turkey will keep ramping up pressure to oust Syrian President Bashar Assad from power, but there's "no magic formula" to stop his violence.More >>
Senate panel considers labor board nominees
Senate panel considers labor board nominees
The Obama administration wants quick confirmation of five nominees to fill seats on the National Labor Relations Board, which has been mired for months in a controversy over recess appointments.More >>
Senate Republicans said Thursday they would not support five nominees to the National Labor Relations Board, raising the possibility the troubled agency could be rendered mostly inoperable later this year.More >>
Sector Snap: Makers of computer networking gear
Sector Snap: Makers of computer networking gear
Investors snapped up the stocks of companies that make computer networking gear Thursday after industry leader Cisco Systems Inc.'s latest quarterly earnings raised hope that business is picking up after a long...More >>
Investors snapped up the stocks of companies that make computer networking gear Thursday after industry leader Cisco Systems Inc.'s latest quarterly earnings raised hope that business is picking up after a long stretch...More >>
Deep divide in Congress over domestic food aid
Deep divide in Congress over domestic food aid
The House and Senate Agriculture Committees have laid the groundwork this week for reducing the size of the federal food stamp program, approving farm bills that would shrink the food aid and alter the way people...More >>
The House and Senate Agriculture Committees laid the groundwork this week for reducing the size of the federal food stamp program, approving farm bills that would shrink food aid and alter the way people qualify for it.More >>
Merkel, Hollande at odds over Europe's way forward
Merkel, Hollande at odds over Europe's way forward
German Chancellor Angela Merkel said European countries must agree on how to generate sorely needed economic growth, and stressed it was important that France pursue reforms to become more competitive.More >>
Germany and France recognize that their cooperation is key to overcoming Europe's persistent economic crisis, but comments Thursday by the leaders of the continent's No. 1 and 2 economies suggested they still have...More >>
Trump goes to court to oppose Scotland wind farm
Trump goes to court to oppose Scotland wind farm
American tycoon Donald Trump is taking legal action to challenge the Scottish government's decision to approve an offshore wind farm near his luxury golf resort.More >>
American tycoon Donald Trump is taking legal action to challenge the Scottish government's decision to approve an offshore wind farm near his luxury golf resort.More >>
INFLUENCE GAME: Tech, labor spar on immigration
INFLUENCE GAME: Tech, labor spar on immigration
To the U.S. technology industry, there's a dramatic shortfall in the number of Americans skilled in computer programming and engineering that is hampering business. To unions and some Democrats, it's more...More >>
To the U.S. technology industry, there's a dramatic shortfall in the number of Americans skilled in computer programming and engineering that is hampering business. To unions and some Democrats, it's more sinister:...More >>
Greek strikes halt air travel
Greek strikes halt air travel
Flights in Greece have been halted for four hours as the country's two largest labor unions staged work stoppages to protest austerity measures and the government decision to cancel a teachers' strike.More >>
Flights in Greece were halted for four hours Thursday as the country's two largest labor unions staged work stoppages to protest austerity measures and a government decision to cancel a teachers' strike.More >>
Global luxury goods sales slowing
Global luxury goods sales slowing
A study says global sales of luxury goods are off to a slow start in 2013 and aren't expected to match the double-digit growth of the last three years.More >>
Global sales of luxury goods are off to a slow start in 2013 and aren't expected to match the double-digit growth of the last three years, consultancy Bain & Co. said in a study released Thursday.More >>
Pope blasts "cult of money" that tyrannizes poor
Pope blasts "cult of money" that tyrannizes poor
Pope Francis has denounced the global financial system, blasting the "cult of money" that he says is tyrannizing the poor and turning humans into expendable consumer goods.More >>
Pope Francis has denounced the global financial system, blasting the "cult of money" that he says is tyrannizing the poor and turning humans into expendable consumer goods.More >>
Lawmakers accuse Google of dishonesty over taxes
Lawmakers accuse Google of dishonesty over taxes
A senior Google executive defended his company's complicated structure before Britain's Parliament, denying charges that it was misleading authorities to dodge paying tax.More >>
U.K. lawmakers subjected search giant Google to blistering criticism Thursday, accusing the U.S. Internet company of playing games with Britain's tax rules to avoid paying what it owed.More >>
Cisco leads the Dow higher after earnings beat
Cisco leads the Dow higher after earnings beat
Indexes are slightly higher at midday on Wall Street, pushing the stock market further into record territory.More >>
Indexes are slightly higher at midday on Wall Street, pushing the stock market further into record territory.More >>
Apple says App Store hit 50 billion downloads
Apple says App Store hit 50 billion downloads
Apple says its customers have downloaded more than 50 billon applications from its App Store since its launch in 2008.More >>
Apple says its customers have downloaded more than 50 billon applications from its App Store since its launch in 2008.More >>
RBS to cut another 1,400 retail bank jobs in UK
RBS to cut another 1,400 retail bank jobs in UK
Royal Bank of Scotland says it is cutting 1,400 jobs from its retail banking operations over the next two years.More >>
Royal Bank of Scotland says it is cutting 1,400 jobs from its retail banking operations over the next two years.More >>
UK officials: BP not seeking gov't help with spill
UK officials: BP not seeking gov't help with spill
BP is seeking to stop paying millions of dollars in what it calls spurious compensation claims stemming from the catastrophic 2010 oil spill in the Gulf of Mexico.More >>
British government officials said Thursday that BP has not sought Prime Minister David Cameron's help in reducing compensation claims for its role in the disastrous 2010 oil spill in the Gulf of Mexico.More >>
Weak open on Wall Street; Wal-Mart disappoints
Weak open on Wall Street; Wal-Mart disappoints
Stocks are opening slightly lower on Wall Street a day after the market hit its latest record high.More >>
Stocks are opening slightly lower on Wall Street a day after the market hit its latest record high.More >>
Argentina brokers 24 pct wage hikes for millions
Argentina brokers 24 pct wage hikes for millions
Two million Argentines will get wage hikes of 24 percent under a deal President Cristina Fernandez brokered with six allied labor unions.More >>
Two million Argentines will get wage hikes of 24 percent under a deal President Cristina Fernandez brokered with six allied labor unions.More >>
Senate panel backs Perez to head Labor Dept.
Senate panel backs Perez to head Labor Dept.
A Senate panel has endorsed the nomination of Justice Department official Thomas Perez to head the Labor Department despite opposition from Republicans.More >>
A Senate panel has endorsed the nomination of Justice Department official Thomas Perez to head the Labor Department despite opposition from Republicans.More >>
US consumer prices fall 0.4 pct. on cheaper gas
US consumer prices fall 0.4 pct. on cheaper gas
A sharp fall in the cost of gas drove a measure of U.S. consumer prices down last month by the most since December 2008. Outside the drop in fuel costs, prices were largely unchanged.More >>
A plunge in the cost of gas drove down a measure of U.S. consumer prices last month by the most since December 2008. Excluding the drop in fuel costs, prices were largely unchanged.More >>
US consumer prices fall 0.4 pct. on cheaper gas
US consumer prices fall 0.4 pct. on cheaper gas
A plunge in the cost of gas drove down a measure of U.S. consumer prices last month by the most since December 2008. Excluding the drop in fuel costs, prices were largely unchanged.More >>
A plunge in the cost of gas drove down a measure of U.S. consumer prices last month by the most since December 2008. Excluding the drop in fuel costs, prices were largely unchanged.More >>
US jobless claims jump to highest level in 6 weeks
US jobless claims jump to highest level in 6 weeks
The number of Americans seeking unemployment benefits rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. The jump came a week after applications had reached a five-year low.More >>
The number of Americans seeking unemployment benefits rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. The jump came a week after applications had reached a five-year low.More >>
US housing starts fell in April but permits surged
US housing starts fell in April but permits surged
U.S. builders broke ground on fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But most of the decline was in apartment construction, which tends to vary sharply from...More >>
U.S. builders broke ground on fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But most of the decline was in apartment construction, which tends to vary sharply from month to...More >>
Futures fluctuate on mixed signals from retail
Futures fluctuate on mixed signals from retail
U.S. stock futures are moving higher with retailers sending mixed signals about consumer spending.More >>
U.S. stock futures fluctuated Thursday on a bevy of economic data that sent mixed signals about hiring, construction, jobs and the mindset of the American consumer.More >>
US jobless claims jump to highest level in 6 weeks
US jobless claims jump to highest level in 6 weeks
The number of Americans seeking unemployment aid rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. The jump comes after applications fell to a five-year low.More >>
The number of Americans seeking unemployment benefits rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. The jump came a week after applications had reached a five-year low.More >>
US housing starts fell in April but permits surged
US housing starts fell in April but permits surged
U.S. builders broke ground on far fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But applications for new construction rose to a five-year peak, evidence that the...More >>
U.S. builders broke ground on fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But most of the decline was in apartment construction, which tends to vary sharply from month to...More >>
Cambodian shoe factory collapse kills 2, injures 7
Cambodian shoe factory collapse kills 2, injures 7
Part of a shoe factory in Cambodia collapsed while several dozen workers were inside the building early Thursday, and police say two bodies have been pulled out of the wreckage.More >>
The ceiling of a Cambodian factory that makes Asics sneakers collapsed on workers early Thursday, killing two people and injuring seven, in the latest accident spotlighting the often lethal safety conditions faced by those...More >>
Oil falls below $94 a barrel amid high supplies
Oil falls below $94 a barrel amid high supplies
The price of oil fell below $94 a barrel Thursday after a survey showed crude inventories on the increase.More >>
By PABLO GORONDI Associated Press The price of oil slipped below $94 a barrel Thursday as traders digested discouraging economic data from the United States and Europe and U.S. oil supplies remained high.More >>
Vietnam provider drops foreign news TV channels
Vietnam provider drops foreign news TV channels
At least one Vietnamese satellite TV company stopped airing international channels including BBC and CNN on Thursday, citing a law that foreign governments have warned would result in international news and...More >>
A Vietnamese satellite TV company stopped airing international channels including BBC and CNN on Thursday, citing a law that foreign governments have warned would result in international news and entertainment channels...More >>
UK campaign group loses challenge on tax deal
UK campaign group loses challenge on tax deal
A U.K. pressure group has lost its legal challenge to what it called a "sweetheart" tax deal between U.K. authorities and Goldman Sachs.More >>
A U.K. pressure group Thursday lost its legal challenge to what it called a "sweetheart" tax deal between U.K. authorities and Goldman Sachs.More >>
Japanese economy grew at 3.5 percent pace in 1Q
Japanese economy grew at 3.5 percent pace in 1Q
Japan's economy saw a stronger than expected recovery last quarter, growing at a 3.5 percent annual pace as the government stepped up public works spending and eased credit to encourage investment.More >>
Japan's economy grew by a stronger-than-expected 3.5 percent in annual terms last quarter, giving Prime Minister Shinzo Abe a boost as his government tackles reforms needed to ensure a sustained recovery from two decades...More >>
Polish exports of meat for Jews, Muslims in limbo
Polish exports of meat for Jews, Muslims in limbo
For some, it was a barbaric way to treat animals. For others, it was great business.More >>
For some, it was a barbaric way to treat animals. For others, it was great business.More >>
New Zealand's top court takes Kim Dotcom appeal
New Zealand's top court takes Kim Dotcom appeal
New Zealand's highest court has agreed to hear an appeal by Megaupload founder Kim Dotcom and three colleagues as they seek to avoid extradition to the United States.More >>
New Zealand's highest court ruled Thursday that it will hear an appeal by Megaupload founder Kim Dotcom and three colleagues as they seek to avoid extradition to the United States.More >>
Slower Chinese growth adds to pressure on leaders
Slower Chinese growth adds to pressure on leaders
Global economic malaise has knocked the stuffing out of Luo Yan's business making toy animals.More >>
Global economic malaise has knocked the stuffing out of Luo Yan's business making toy animals.More >>
House panel OKs farm bill with food stamp cuts
House panel OKs farm bill with food stamp cuts
The House Agriculture Committee is set to consider small cuts to the $80 billion-a-year food stamp program in an effort to appease conservatives who say the food aid has become too expensive.More >>
The House Agriculture Committee on Wednesday approved a sweeping farm bill that would trim the $80 billion-a-year food stamp program.More >>
New Zealand to sell stake in 2nd power company
New Zealand to sell stake in 2nd power company
New Zealand will sell a minority stake in a second power company this year as part of a plan to balance its books.More >>
New Zealand will sell a minority stake in a second power company this year as part of a plan to balance its books.More >>
Asia stocks mixed as Wall St. ignores euro gloom
Asia stocks mixed as Wall St. ignores euro gloom
Enthusiasm on Wall Street sparked by another positive report on the U.S. economy helped push most Asian stock markets higher Wednesday.More >>
Asian stock markets were mixed Thursday following dour European economic data that dampened hopes of a recovery there anytime soon. However, losses were limited by another record session on Wall Street.More >>
Google's products dig deeper into people's lives
Google's products dig deeper into people's lives
Google is expected to use its annual software developers' conference to showcase the latest mobile devices running on its Android software, while also unveiling other features in its evolving product line-up.More >>
For Google CEO Larry Page, happiness is a warm computer.More >>
Trade group slams safety pact for Bangladesh
Trade group slams safety pact for Bangladesh
The largest U.S. retail-industry group on Wednesday criticized an international pact aimed at improving factory conditions in Bangladesh's garment industry, saying it was a "one-size-fits-all" approach promoted...More >>
The largest U.S. retail-industry group on Wednesday criticized an international pact aimed at improving factory conditions in Bangladesh's garment industry, saying it was a "one-size-fits-all" approach promoted by...More >>
JPMorgan asks Bloomberg for privacy breach data
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 since 2008, as it...More >>
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.More >>
IRS commissioner ousted over tea party targeting
IRS commissioner ousted over tea party targeting
The Justice Department is opening a criminal investigation of the Internal Revenue Service just as another probe concludes that lax management enabled agents to improperly target tea party groups for extra scrutiny...More >>
Hurrying to check a growing controversy, President Barack Obama ousted the acting commissioner of the Internal Revenue Service late Wednesday amid an outcry over revelations that the agency had improperly targeted tea party...More >>
Google unveils maps, photo, music features
Google unveils maps, photo, music features
Google's sixth annual conference for software developers opens Wednesday with a chance for the company to showcase the latest mobile devices running its Android software, while also unveiling other features in...More >>
Google's sixth annual conference for software developers opened Wednesday with a chance for the company to showcase its latest services. Announcements included new features for online games, maps and search, a new...More >>
Google boosts photo offerings to rival Facebook
Google boosts photo offerings to rival Facebook
Google is digging deeper into its technology toolkit to turn its social networking service into a more formidable threat to Facebook, sprucing up its photo features at a time when sharing snapshots online and on...More >>
Google is digging deeper into its technology toolkit to turn its social networking service into a more formidable threat to Facebook, sprucing up its photo features at a time when sharing snapshots online and on mobile...More >>
Obama: IRS acting commissioner being ousted
Obama: IRS acting commissioner being ousted
The White House says President Barack Obama will meet with Treasury officials Wednesday to discuss the Internal Revenue Service's targeting of conservative groups for special review. White House press secretary...More >>
President Barack Obama on Wednesday announced the ouster of the top official at the Internal Revenue Service following disclosures that the agency targeted conservative political groups.More >>
Donald Trump completes testimony in Chicago trial
Donald Trump completes testimony in Chicago trial
A Chicago federal judge is scolding Donald Trump and an attorney questioning the developer-turned-TV personality to stop their verbal "boxing match."More >>
A scowling Donald Trump raised his voice on the witness stand Wednesday while an attorney grilled him and then rolled his eyes at the "Apprentice" star's answers, prompting a federal judge to scold both men in open court...More >>
Macy's 1Q profit rises 20 pct on solid sales
Macy's 1Q profit rises 20 pct on solid sales
Macy's Inc. is reporting a 20 percent increase in first-quarter profit as the department store chain saw solid sales despite cool temperatures that dampened shoppers' appetite for spring clothes.More >>
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.More >>
Deere cuts 2013 sales growth guidance
Deere cuts 2013 sales growth guidance
Deere & Co. says its second-quarter net income rose almost 3 percent as it raised prices and the farm economy continued to be strong.More >>
Deere & Co. said on Wednesday that bad weather and weak economies will hinder sales growth this year for lawnmowers and construction equipment.More >>
Stocks climb as traders shrug off economic reports
Stocks climb as traders shrug off economic reports
A report of slowing manufacturing is getting the stock market off to weak start Wednesday.More >>
Investors nudged the stock market to all-time highs Wednesday despite a handful of disappointing economic reports.More >>
Google's music plan part of fresh wave of upgrades
Google's music plan part of fresh wave of upgrades
Google is unveiling a streaming music service called All Access that blends songs users have already uploaded to their online libraries with millions of other tracks for a $10 monthly fee.More >>
Google Inc. unveiled a streaming music service called All Access that blends songs users have already uploaded to their online libraries with millions of other tracks. Google made it available in the U.S. Wednesday for $8 a...More >>
Protesters close Libyan oil terminal, halt exports
Protesters close Libyan oil terminal, halt exports
A Libyan oil ministry official says protesters have forced the closure of an oil terminal in the east of the country for the second time in six months, disrupting exports.More >>
Protesters and disgruntled job seekers forced the closure of an eastern Libyan oil terminal on Wednesday for the second time in six months, disrupting exports, said an oil ministry official.More >>
Cisco 3Q net income rises 14 percent
Cisco 3Q net income rises 14 percent
Cisco says its net income rose 14 percent in the latest quarter, and says it is seeing "some good signs" in the U.S. and other markets.More >>
Cisco's net income jumped 14 percent in the latest quarter as revenue at all four of its divisions rose for the first time in a year and a half.More >>
Family drama adds intrigue to Ill. governor's race
Family drama adds intrigue to Ill. governor's race
Politics has long been a family business in Illinois, a place where who you know - and who you're related to - matters more than most. But the family drama shaping up around the next governor's race adds a...More >>
Politics has long been a family business in Illinois, a place where who you know - and who you're related to - matters more than most. But the family drama shaping up around the next governor's race adds a new layer...More >>
Stock indexes shake off early slide, close higher
Stock indexes shake off early slide, close higher
The stock market is closing higher after shaking off a morning slump.More >>
The stock market is closing higher after shaking off a morning slump.More >>
House panel boosts veterans spending
House panel boosts veterans spending
With no broader budget deal in sight, a key House panel responsible for implementing sweeping cuts to agency budgets moved Wednesday to exempt veterans and largely protect spending on border safety and other...More >>
With no broader budget deal in sight, a key House panel responsible for implementing sweeping cuts to agency budgets moved Wednesday to exempt veterans and largely protect spending on border safety and other homeland...More >>
Longer US white majority if immigration slows
Longer US white majority if immigration slows
The government's official prediction is that white children will become a minority in 2018 and the overall white population in the U.S. will follow suit in 2043.More >>
Without increased immigration, whites would lose their U.S. majority in 2046, three years beyond official projections, and the nation's population would not reach 400 million until after 2060, a decade or more later than...More >>
Eurozone recession is now longest in currency bloc
Eurozone recession is now longest in currency bloc
Official figures show that the recession across the economy of the 17 European Union countries that use the euro has extended into a sixth quarter.More >>
The eurozone is now in its longest ever recession - a stubborn slump that has surpassed even the calamity that hit the region in the financial crisis of 2008-2009.More >>
Oil back above $94 a barrel after early loss
Oil back above $94 a barrel after early loss
The price of oil rose back above $94 Wednesday after dropping earlier on disappointing economic reports from Europe and the U.S.More >>
The price of oil rose back above $94 Wednesday after dropping earlier on disappointing economic reports from Europe and the U.S.More >>
Retiring boomers driving sales of small businesses
Retiring boomers driving sales of small businesses
Baby boomers preparing for retirement are driving a surge in small business sales, as they find more and more buyers confident enough in the improving economy to expand their own businesses through acquisitions.More >>
Baby boomers preparing for retirement are driving a surge in small business sales, as they find more and more buyers confident enough in the improving economy to expand their own businesses through acquisitions.More >>
Holder: Potential civil rights violations at IRS
Holder: Potential civil rights violations at IRS
Attorney General Eric Holder says the FBI's criminal investigation of the Internal Revenue Service could include potential civil rights violations, false statements and potential violations of the Hatch Act,...More >>
Attorney General Eric Holder says the FBI's criminal investigation of the Internal Revenue Service could include potential civil rights violations, false statements and potential violations of the Hatch Act, which...More >>
US factory output falls 0.4 percent in April
US factory output falls 0.4 percent in April
U.S. factories cut back sharply on production in April, as auto companies cranked out fewer cars and most other industries reduced output.More >>
U.S. manufacturers cut back on production in April, as auto companies cranked out fewer cars, factories made fewer consumer goods and most other industries reduced output. The weakness suggests economic growth may be slowing.More >>
Amnesty for undeclared dollars divides Argentina
Amnesty for undeclared dollars divides Argentina
A plan to get Argentines to pull their undeclared U.S. dollars from under their mattresses and out of illegal tax havens, and deposit them in the banking system is eliciting strong warnings that it will turn the...More >>
A plan to get Argentines to pull their undeclared U.S. dollars from under their mattresses and out of illegal tax havens, and deposit them in the banking system is eliciting warnings that it will turn the country into a...More >>
Foreign holdings of US Treasury debt up in March
Foreign holdings of US Treasury debt up in March
Foreign demand for U.S. Treasury securities rose to a record level in March even though China, the largest foreign holder of Treasury debt, reduced its holdings slightly. The overall increase indicated that foreign...More >>
Foreign demand for U.S. Treasury securities rose to a record level in March, signaling further confidence in U.S. debt.More >>
Eurozone's struggling economies mired in recession
Eurozone's struggling economies mired in recession
By The Associated Press The eurozone is stuck in recession - its longest since the euro was founded in 1999. The latest figures from the European Union's statistics office show that the economy...More >>
By The Associated Press The eurozone is stuck in recession - its longest since the euro was founded in 1999. The latest figures from the European Union's statistics office show that the economy of the...More >>
Bank of England sees 'modest, sustained' recovery
Bank of England sees 'modest, sustained' recovery
The Bank of England predicted a modest and sustained economic recovery for Britain on Wednesday, but tempered hope that the worst might be over with predictions that inflation will remain above its targets for the...More >>
The Bank of England predicted a modest and sustained economic recovery for Britain on Wednesday, but tempered hope that the worst might be over with predictions that inflation will remain above its targets for the next two...More >>
A look at EU investigation of oil price fixing
A look at EU investigation of oil price fixing
By PABLO GORONDI The Associated Press The European Union's executive arm, the Commission, on Tuesday said it had raided the offices of a number of oil industry companies for possible...More >>
By PABLO GORONDI The Associated Press The European Union's executive arm, the Commission, on Tuesday said it had raided the offices of a number of oil industry companies for possible price-fixing.More >>
Education woes seen as Achilles' heel of Brazil
Education woes seen as Achilles' heel of Brazil
There's a storage room just off a university lab that gives students more experience than many can handle: Skinned pigs and cats, disembodied cow livers, intestines, brains and the other unidentifiable detritus...More >>
There's a storage room just off a university lab that gives students more experience than many can handle: Skinned pigs and cats, disembodied cow livers, intestines, brains and the other unidentifiable detritus of...More >>
Stock indexes recover from a morning slide
Stock indexes recover from a morning slide
Stock prices are shaking off a morning slump and turning higher in midday trading on Wall Street.More >>
Stock prices are shaking off a morning slump and turning higher in midday trading on Wall Street.More >>
Russians attempt to topple Google in Vietnam
Russians attempt to topple Google in Vietnam
Vietnam's booming Internet scene is littered with failed startups that tried to take on Google and other entrenched U.S web companies. That's not deterring a newly launched Russian-Vietnamese outfit which...More >>
Vietnam's booming Internet scene is littered with failed startups that tried to take on Google and other entrenched U.S web companies. That's not deterring a newly launched Russian-Vietnamese outfit which believes it...More >>
Oil falls below $93 on Europe, US economic news
Oil falls below $93 on Europe, US economic news
The price of oil was nearly unchanged Wednesday as traders weighed a positive U.S. economic report against rising supplies of crude.More >>
The price of oil fell below $93 on Wednesday after disappointing economic reports from Europe and the U.S.More >>
US homebuilder confidence rises in May from April
US homebuilder confidence rises in May from April
By ALEX VEIGA AP Real Estate Writer Confidence among U.S. homebuilders rebounded this month, reflecting improved sales trends during the spring home-selling season and the strongest outlook for...More >>
By ALEX VEIGA AP Real Estate Writer Confidence among U.S. homebuilders rebounded this month, reflecting improved sales trends during the spring home-selling season and the strongest outlook for sales over...More >>
Oil falls below $93 on Europe, US economic news
Oil falls below $93 on Europe, US economic news
The price of oil fell below $93 on Wednesday after disappointing economic reports from Europe and the U.S.More >>
The price of oil fell below $93 on Wednesday after disappointing economic reports from Europe and the U.S.More >>
Japan OKs $906 billion budget to revive economy
Japan OKs $906 billion budget to revive economy
Japan's parliament has approved a record-high 92.6 trillion yen ($906.2 billion) budget for this fiscal year, raising military spending for the first time in 11 years and boosting public works outlays to help...More >>
Japan's parliament has approved a record-high 92.6 trillion yen ($906.2 billion) budget for this fiscal year, raising military spending for the first time in 11 years and boosting public works outlays to help revive the...More >>
HSBC to make up to $3 billion in new cuts
HSBC to make up to $3 billion in new cuts
HSBC has announced it is seeking a further $2 billion-$3 billion in cost savings as it continues to trim its global empire - a move analysts say could come at the cost of additional jobs.More >>
HSBC has announced it is seeking a further $2 billion-$3 billion in cost savings as it continues to trim its global empire - a move analysts say could cost more jobs.More >>
US wholesale prices fall 0.7 pct., most in 3 years
US wholesale prices fall 0.7 pct., most in 3 years
Sharp drops in fuel and food costs reduced a measure of wholesale prices last month by the most since February 2010, indicating inflation has slowed.More >>
Sharp drops in fuel and food costs reduced a measure of U.S. wholesale prices in April by the most in three years. Outside those volatile categories, inflation stayed tame.More >>
EU: China may be dumping mobile network equipment
EU: China may be dumping mobile network equipment
A senior EU official says China may be illegally dumping and subsidizing the import into Europe of mobile telephone networks and their essential elements. But Competition Commissioner Karel De Gucht says an...More >>
A senior EU official says China may be illegally dumping and subsidizing the import into Europe of mobile telephone networks and their essential elements. But Competition Commissioner Karel De Gucht says an official...More >>
US explores new ways to press Iran on nuke program
US explores new ways to press Iran on nuke program
The Obama administration is looking at new ways to pressure Iran over its nuclear program.More >>
The Obama administration is looking at new ways to pressure Iran over its nuclear program.More >>
Stock prices ease as manufacturing softens
Stock prices ease as manufacturing softens
A report of slowing manufacturing in the Northeastern U.S. is getting the stock market off to weak start.More >>
A report of slowing manufacturing in the Northeastern U.S. is getting the stock market off to weak start.More >>
Futures dip as France slips into recession
Futures dip as France slips into recession
Stock futures dipped with another European nation sinking into recession, even while a rebound for the U.S. economy continues.More >>
Stock futures dipped Wednesday as another nation in Europe sank into recession and the economic contraction for the entire European Union stretched into its sixth straight quarter.More >>
Swiss to crack down on business, sports bribery
Swiss to crack down on business, sports bribery
The Swiss government wants to broaden its anti-corruption laws to make bribery a criminal offense in almost all cases.More >>
The Swiss government wants to broaden its anti-corruption laws to make bribery a criminal offense in almost all cases.More >>
Steelmaker ThyssenKrupp to cut 3,000 office jobs
Steelmaker ThyssenKrupp to cut 3,000 office jobs
Steel and elevator maker ThyssenKrupp says it will cut 3,000 of its 15,000 office jobs over the next three years to streamline the company's administration.More >>
Steel and elevator maker ThyssenKrupp says it will cut 3,000 of its 15,000 office jobs over the next three years to streamline the company's administration.More >>
Allianz: Low rates to keep earnings under pressure
Allianz: Low rates to keep earnings under pressure
Low losses from natural disasters and higher prices in the key markets of Germany, Turkey and Latin America lifted profits at German insurance company Allianz SE during the first quarter.More >>
Low losses from natural disasters and higher prices in the key markets of Germany, Turkey and Latin America lifted profits at German insurance company Allianz SE during the first quarter.More >>
German economy returns to modest growth
German economy returns to modest growth
The German economy, Europe's biggest, returned to very modest growth in the first quarter and avoided a recession.More >>
The German economy managed to avoid sinking into recession during an unusually cold first quarter, but only just, official figures showed Wednesday.More >>
Projected lower deficit could slow any budget deal
Projected lower deficit could slow any budget deal
The good news is the budget deficit for the current year is projected to come in well below what was estimated just a few months ago. The bad news for deficit hawks is that the development could further curb the...More >>
The good news is the budget deficit for the current year is projected to come in well below what was estimated just a few months ago. The bad news for deficit hawks is that the development could further curb the already...More >>
Asia stocks up as US small business mood improves
Asia stocks up as US small business mood improves
Asian stock markets were mixed Tuesday in a lukewarm reaction to data showing that U.S. consumers revved up their retail spending last month.More >>
Enthusiasm on Wall Street sparked by another positive report on the U.S. economy helped push most Asian stock markets higher Wednesday.More >>
Donald Trump testifies at Chicago trial
Donald Trump testifies at Chicago trial
Donald Trump is known for grilling contestants on his TV show, "Celebrity Apprentice." But he'll be the one in hot seat Tuesday as he takes the stand at a civil trial in Chicago.More >>
A sometimes prickly, sometimes boastful Donald Trump testified Tuesday at a civil trial where the developer-turned-TV personality is accused of using false promises to entice an 87-year-old investor into buying condos at his...More >>
2013 deficit estimate lowered to $642 billion
2013 deficit estimate lowered to $642 billion
A new government estimate says the budget deficit for the current year will come in well below what was projected just a few months ago.More >>
The budget deficit for the current year is projected to come in well below what was estimated just a few months ago, a development that could further curb the already slowing momentum for a budget pact this year.More >>
Chains grapple with how to improve safety
Chains grapple with how to improve safety
Benetton has become the latest global retailer to agree to sign a one-of-kind pact to improve safety at Bangladesh factories following a building collapse that killed more than 1,100 workers in the country last month.More >>
While several more global clothing chains on Tuesday were announcing that they agreed to a historic pact to improve factory conditions in Bangladesh, U.S. retailers were scrambling to come up with their own safety plans.More >>
Stock market rises back into record territory
Stock market rises back into record territory
Stocks edged higher in early trading on Wall Street, led by gains for financial companies, putting markets back at record levels.More >>
The stock market marched back into record territory Tuesday as investors seized on the latest encouraging news about the economy. This time, it was a report on the health of small businesses.More >>
Jury sides with businessman in Vegas Sands lawsuit
Jury sides with businessman in Vegas Sands lawsuit
A jury has awarded a Hong Kong businessman a $70 million judgment against Las Vegas Sands Corp., the casino giant run by billionaire Sheldon Adelson.More >>
A jury on Tuesday dealt another defeat to casino mogul and GOP mega-donor Sheldon Adelson in his nine-year fight with a Hong Kong businessman, awarding the former consultant $70 million for helping Las Vegas Sands Corp....More >>
Google CEO discloses 'rare' vocal cord problem
Google CEO discloses 'rare' vocal cord problem
Google CEO Larry Page is finally disclosing the health problem that spooked investors last summer when he mysteriously lost his voice.More >>
Google CEO Larry Page has disclosed a problem with his vocal cords that makes it difficult for him to speak and breathe occasionally, but he says he remains fit enough to keep running the Internet's most influential...More >>
RIM unveils cheaper BlackBerry
RIM unveils cheaper BlackBerry
The CEO of BlackBerry maker Research in Motion has taken the stage to speak to a packed ballroom at the company's annual three-day conference in Orlando, Fla.More >>
Research In Motion unveiled a lower-cost BlackBerry aimed at consumers in emerging markets on Tuesday, stepping up its efforts to regain market share lost to Apple's iPhone and Android devices powered by Google's...More >>
Hedge fund boss Loeb lobbies for breakup of Sony
Hedge fund boss Loeb lobbies for breakup of Sony
A U.S. hedge fund has proposed that Sony Corp. sell up to 20 percent of its entertainment business and use the money to strengthen its ailing electronics unit.More >>
The U.S. hedge fund manager renowned for shaking up Yahoo Inc. has set his sights on Sony Corp., proposing that the Japanese electronics giant spin off up to 20 percent of its movie, TV and music division and use the money...More >>
Senate panel approves massive farm bill
Senate panel approves massive farm bill
There's still a little something for everyone in massive farm bills that Congress is considering this week, even though the legislation would cut billions of dollars from federal farm and food subsidies.More >>
The Senate Agriculture Committee on Tuesday approved a massive five-year farm bill that would cut spending while also creating new subsidies for farmers.More >>
Indexes close higher, led by small-company stocks
Indexes close higher, led by small-company stocks
The stock market is back in record territory after an upturn in small-company stocks.More >>
The stock market is back in record territory after an upturn in small-company stocks.More >>
Kobe Bryant auction dispute headed for June trial
Kobe Bryant auction dispute headed for June trial
Lawyers for Kobe Bryant and an auction house are scheduled to make arguments before a federal judge in New Jersey about whether mementos from Bryant can be sold.More >>
Kobe Bryant and an auction house that wants to sell memorabilia from his high school days and early pro career are heading for a trial next month, unless they can work out a deal before then.More >>
TV-over-Internet service hits Atlanta next month
TV-over-Internet service hits Atlanta next month
Aereo, the startup that offers television stations over the Internet starting at $8 a month, says it will start service in Atlanta on June 17.More >>
Aereo, the startup that offers live television broadcasts over the Internet starting at $8 a month, said it will start service in the Atlanta market on June 17, following an expansion to Boston on Wednesday.More >>
Oil slides as IEA sees US output rising
Oil slides as IEA sees US output rising
The price of oil slid by nearly $1 a barrel Tuesday as the International Energy Agency raised its forecast for U.S. oil production while cutting its prediction for global crude demand.More >>
The price of oil slid by nearly $1 a barrel Tuesday as the International Energy Agency raised its forecast for U.S. oil production while cutting its prediction for global crude demand.More >>
Idaho spud giant bets on biotech potatoes
Idaho spud giant bets on biotech potatoes
A dozen years after a customer revolt forced Monsanto to ditch its genetically engineered potato, an Idaho company aims to resurrect high-tech spuds.More >>
A dozen years after a customer revolt forced Monsanto to ditch its genetically engineered potato, an Idaho company aims to resurrect high-tech spuds.More >>
Fitch upgrades Greece's credit rating
Fitch upgrades Greece's credit rating
Greece saw the interest rate it has to pay to get investors to lend it money fall further Tuesday, a day after its European creditors backed the release of the country's next batch of rescue loans.More >>
Debt-hobbled Greece got a new morale boost Tuesday, with Fitch ratings agency upgrading its sovereign credit grade, a day after the country's European creditors backed the release of a new rescue loan payment.More >>
EU probes oil companies for possible price-fixing
EU probes oil companies for possible price-fixing
Statoil says that European antitrust officials have inspected its head office on suspicion of the Norwegian oil company's participation in anti-competitive practices.More >>
European anti-trust authorities have launched investigations into at least three oil companies on suspicion of price-fixing.More >>
Atty Gen orders probe into IRS targeting groups
Atty Gen orders probe into IRS targeting groups
Attorney General Eric Holder says he's ordered a Justice Department investigation into the Internal Revenue Service's targeting of conservative groups for extra tax scrutiny.More >>
Attorney General Eric Holder says he's ordered a Justice Department investigation into the Internal Revenue Service's targeting of conservative groups for extra tax scrutiny.More >>
Dell raises intrigue by rescheduling 1Q report
Dell raises intrigue by rescheduling 1Q report
Struggling personal computer maker Dell is going to report its latest quarterly earnings ahead of schedule in a move likely to spur speculation that the results will be dismal.More >>
Struggling personal computer maker Dell will report its latest quarterly earnings ahead of schedule in a move likely to spur speculation that the results will be dismal.More >>
Swiss: 1,500 money-laundering cases last year
Swiss: 1,500 money-laundering cases last year
Swiss federal police say they investigated several reports of terrorist financing amid a high number of suspected money-laundering cases connected to banks last year.More >>
Unpaid fees lead to safe deposit caches of suspicious paintings and expensive jewelry. A foreign client's offshore deposits turn up possibly forged documents from the sale of tanks and high-caliber weapons to an African...More >>
UK: Another editor at The Sun charged over bribery
UK: Another editor at The Sun charged over bribery
Britain's prosecutors say The Sun tabloid's politics editor Clodagh Hartley has been charged over a conspiracy to pay thousands of pounds (dollars) worth of bribes to a press officer working in the British...More >>
Britain's prosecutors say that a politics and government editor with The Sun tabloid has been charged over a conspiracy to pay thousands of pounds (dollars) worth of bribes to a press officer working in the British...More >>
Correction: Kenya-Sandal Animals story
Correction: Kenya-Sandal Animals story
The colorful handmade giraffes, elephants and warthogs made in a Nairobi workshop were once only dirty pieces of rubber cruising the Indian Ocean's currents.More >>
In a story May 8 about artisans in Kenya who turn old sandals into art objects, The Associated Press included two paragraphs that closely paralleled the wording of an earlier story on the subject by the Voice of America....More >>
89 charged in Medicare fraud busts in 8 cities
89 charged in Medicare fraud busts in 8 cities
Nearly 100 people, including 14 doctors and nurses, were charged for their roles in separate Medicare scams that collectively billed the taxpayer-funded program for roughly $223 million in bogus charges in a massive...More >>
Nearly 100 people, including 14 doctors and nurses, were charged for their roles in separate Medicare scams that collectively billed the taxpayer-funded program for roughly $223 million in bogus charges in a massive bust...More >>
Airlines collected record baggage fees in 2012
Airlines collected record baggage fees in 2012
U.S. airlines collected more than $6 billion in baggage and reservation change fees from passengers last year - the highest amount since the fees became common five years ago.More >>
U.S. airlines collected more than $6 billion in baggage and reservation change fees from passengers last year - the highest amount since the fees became common five years ago.More >>
EU to shift bill for bank failures to creditors
EU to shift bill for bank failures to creditors
European Union finance ministers will later seek ways to cut down on tax evasion - action British Chancellor George Osborne says is particularly important in current circumstances.More >>
European Union governments want to shift the cost of rescuing troubled banks from taxpayers to the banks' creditors - including the holders of large deposits- as part the region's plan to shore up its shaky financial...More >>
Mutual funds continue to attract cash in April
Mutual funds continue to attract cash in April
Mutual funds continued to attract cash in April, although the pace slowed from the record amount that flowed in during the first three months of the year. Investors also became more cautious, as bond funds attracted...More >>
Mutual funds continued to attract cash in April, although the pace slowed from the record amount that flowed in during the first three months of the year. Investors also became more cautious, as bond funds attracted slightly...More >>
Update to address Windows 8 confusion will be free
Update to address Windows 8 confusion will be free
Microsoft says a planned update to its Windows 8 operating system will be made available for free later this year.More >>
A planned Windows 8 update to address complaints and confusion with Microsoft's new operating system will be made available for free this year, the company said Tuesday.More >>
Nokia unveils metallic smartphone, stock tumbles
Nokia unveils metallic smartphone, stock tumbles
Nokia Corp. has unveiled its first Lumia smartphone with a metal cover, low-light camera features and new social network apps. But the new model failed to impress markets, sending the company's stock down.More >>
Nokia Corp. on Tuesday unveiled its first Lumia smartphone with a metal cover, low-light camera features and new social network apps. But the new model failed to impress investors, who sent the company's stock down more...More >>
France approves major labor reform package
France approves major labor reform package
France's parliament is expected to pass a package of significant labor reforms the government hopes will help stop rising unemployment and jumpstart the country's stagnant economy.More >>
France's parliament has passed a package of significant labor reforms Tuesday that the government hopes will help halt rising unemployment and jumpstart the country's stagnant economy.More >>
Turkey: oil search deal reached in northern Iraq
Turkey: oil search deal reached in northern Iraq
Turkey says its state-run petroleum company has reached a deal with U.S. company Exxon Mobil to explore for oil in northern Iraq.More >>
Turkey says its state-run petroleum company has reached a deal with U.S. company Exxon Mobil to explore for oil in northern Iraq.More >>
GOP governors want special prosecutor in IRS case
GOP governors want special prosecutor in IRS case
Two Republican governors are urging President Barack Obama to appoint a special prosecutor to investigate the Internal Revenue Service's admission that it targeted conservative political groups.More >>
Two Republican governors are urging President Barack Obama to appoint a special prosecutor to investigate the Internal Revenue Service's admission that it targeted conservative political groups.More >>

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