A Chinese conglomerate has announced it will buy U.S. cinema chain AMC Entertainment Holdings for $2.6 billion to create the world's biggest movie theater operator.More >>
A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest takeover of an American company to date.More >>
A German official says Berlin continues to oppose the idea of jointly-issued bonds for the eurozone, which France's new president had suggested could be used to fund economic growth.More >>
A German official says Berlin continues to oppose the idea of jointly-issued bonds for the eurozone, which France's new president had suggested could be used to fund economic growth.More >>
Budget airline Ryanair has reported record profits as its recession-resistant business model continues to attract passengers from higher-fare carriers.More >>
Budget airline Ryanair has reported record profits as its recession-resistant business model continues to attract passengers from higher-fare carriers.More >>
Asian stock markets struggled for direction Monday, with investors unconvinced that the world's major economies nailed a solution to the European debt crisis following a summit in Washington.More >>
Bargain-hunting helped Asian stock markets edge upward Monday, but gains were limited as investors remained unconvinced that the world's major economies nailed a solution to the European debt crisis following a summit in...More >>
The chairman of Pakistan's telecommunications authority says the government has blocked the social networking website Twitter because of material considered offensive to Islam.More >>
Pakistan blocked the social networking website Twitter for several hours because it refused to remove tweets considered offensive to Islam, said one of the country's top telecommunications officials.More >>
A new survey shows economists are growing slightly more optimistic about recovery in the job and housing markets but expect other pillars of the economy to remain weak.More >>
A new survey shows economists are growing slightly more optimistic about recovery in the job and housing markets but expect other pillars of the economy to remain weak.More >>
President Barack Obama says there's an "emerging consensus" that more must be done to promote jobs growth in Europe as the continent faces a daunting debt crisis.More >>
Confronting an economic crisis that threatens them all, President Barack Obama and leaders of other world powers on Saturday declared that their governments must both spark growth and cut the debt that has crippled the...More >>
On paper at least, European leaders agree: They need stronger growth measures to help their economies expand out of their 2½-year-old government debt crisis. Figuring out exactly what those new steps might be will be the...More >>
On paper at least, European leaders agree: They need stronger growth measures to help their economies expand out of their 2½-year-old government debt crisis. Figuring out exactly what those new steps might be will be the...More >>
President Barack Obama on Saturday pointed again to the multi-billion-dollar trading loss at JPMorgan Chase as a reason Congress should retain and continue to implement Wall Street reforms.More >>
President Barack Obama says the big trading loss at JPMorgan Chase shows the need to finally put in place banking rules he signed into law two years ago. He also is calling on Congress to stop trying to weaken the...More >>
Google says authorities in China have approved its acquisition of Motorola Mobility. This brings the Internet search giant closer to completing its biggest deal ever.More >>
Authorities in China have approved Google Inc.'s bid to buy phone maker Motorola Mobility, clearing the way for the $12.5 billion deal to close early next week.More >>
President Karolos Papoulias has dissolved the Parliament elected on May 6 and set a new election date for June 17.More >>
Like many Greeks left unemployed by their country's economic tailspin, Dimitris Spachos finds it easier to talk about his nation's problems than his own.More >>
German police say some 10,000 activists are participating in a major rally of the local Occupy movement in Frankfurt.More >>
At least 20,000 people held a major rally of the local Occupy movement in Frankfurt on Saturday to decry austerity measures affecting much of Europe, the dominance of banks, and what they call untamed capitalism.More >>
Facebook is updating its status to "public company" as its stock jumps in its debut on the Nasdaq Stock Market.More >>
In the hours before Facebook's stock began trading on the Nasdaq Stock Market for the first time, CEO Mark Zuckerberg reminded the company's 3,500 employees not to get caught up in the hoopla surrounding its...More >>
By The Associated Press Oil prices are lower ahead of a weekend meeting where leaders of the world's biggest economies will look for ways to help Europe resolve its debt crisis.More >>
By SANDY SHORE AP Business Writer If you're lucky enough to live in some parts of the United States, you may see gas pump prices fall to around $3.25 a gallon or less in the next week or two. Even West...More >>
Concern grew for the stability of Spain's place in the fragile eurozone economy after reports of a rise in the level of bad loans on the books of its banks and word from the government Friday that it may have to revise...More >>
Concern grew for the stability of Spain's place in the fragile eurozone economy after reports of a rise in the level of bad loans on the books of its banks and word from the government Friday that it may have to revise...More >>
It's Facebook's big day. The site, which was born in a dorm room eight years ago, is making the most talked-about stock market debut in years. Here's some of what the AP is finding.More >>
By The Associated Press It's Facebook's big day.More >>
By The Associated Press Facebook's debut on the stock market was preceded by epic hype, delayed by a technical glitch and tracked minute-by-minute by investors around the world. In the end, the fuss...More >>
By The Associated Press Facebook's debut on the stock market was preceded by epic hype, delayed by a technical glitch and tracked minute-by-minute by investors around the world. In the end, the fuss...More >>
By The Associated Press HOT AND DRY: Wheat futures soared another 5.7 percent Friday as concerns persisted about hot weather in the Southern Plains and the Ohio River Valley. Wheat is now up 16 percent...More >>
By The Associated Press HOT AND DRY: Wheat futures soared another 5.7 percent Friday as concerns persisted about hot weather in the Southern Plains and the Ohio River Valley. Wheat is now up 16 percent...More >>
By The Associated Press DOW UP: After six down days in a row, the Dow Jones industrial average close higher by 20 points. The Nasdaq still posted a tiny decline after Cisco said sales would be weaker than...More >>
By The Associated Press FUN WHILE IT LASTED: May 1, 2012, the Dow Jones industrial average hit its highest point in four years. It was ahead by 8.7 percent for the year that day. Now, it's up by 1.2...More >>
By The Associated Press Communications and satellite company Intelsat Global Holdings S.A has filed plans to go public and hopes to raise up to $1.75 billion in the initial public offering of its stock.More >>
By The Associated Press Communications and satellite company Intelsat Global Holdings S.A has filed plans to go public and hopes to raise up to $1.75 billion in the initial public offering of its stock.More >>
Unemployment rates fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.More >>
The unemployment rate fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.More >>
Spanish stocks dropped sharply early Friday morning after ratings agency Moody's downgraded its credit score of 16 Spanish banks in the latest blow to the troubled financial sector.More >>
Chaos in Greek politics and Spanish banking combined this week to underscore just how fragile Europe's economy remains after an eviscerating austerity regime that has spawned unemployment, desperation and misery. And...More >>
By The Associated Press Key barometers in the Treasury market late Friday, compared with late Thursday. Price changes in the 10-year note and 30-year bond are per $100 invested:More >>
By The Associated Press Key barometers in the Treasury market late Friday, compared with late Thursday. Price changes in the 10-year note and 30-year bond are per $100 invested:More >>
The dollar fell against the euro for the first time in a week, as excitement about Facebook's initial public offering overshadowed problems in Europe.More >>
The dollar fell against the euro for the first time in a week, as excitement about Facebook's initial public offering overshadowed problems in Europe.More >>
By The Associated Press Thursday was the day the Dow Jones industrial clawed its way back into positive territory after six losing days in a row.More >>
By The Associated Press Stocks fell Friday as investors set aside any excitement over the Facebook initial public offering and focused on Europe's debt problems. As recently as May 1, the Dow was up...More >>
Delta Air Lines said a glitch that appeared to show different airfares to frequent fliers happened because it was trying out a new company to power flight searches on its website.More >>
Delta Air Lines said a glitch that appeared to show different airfares to frequent fliers happened because it was trying out a new company to power flight searches on its website.More >>
By The Associated Press The unemployment rate fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.More >>
By The Associated Press The unemployment rate fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.More >>
Delta Air Lines says a glitch that appeared to show different airfares to frequent fliers happened because it was trying out a new company to power flight searches on its website.More >>
Delta Air Lines says a glitch that appeared to show different airfares to frequent fliers happened because it was trying out a new company to power flight searches on its website.More >>
The Spanish government says it may have to revise its 2011 budget deficit upwards for a second time after spending by regional governments exceeded forecasts.More >>
The Spanish government says it may have to revise its 2011 budget deficit upwards for a second time after spending by regional governments exceeded forecasts.More >>
U.S. stock futures are rebounding as leaders of eight of the world's biggest economies begin to gather outside of Washington to determine how best to limit damage from the debt crises rattling Europe.More >>
By JOSHUA FREED AP Business Writer It's going to take more than Facebook's initial public offering to push the stock market higher.More >>
Natural gas and oil producer Chesapeake Energy Corp. says it will cut the pay of outside directors on its board by 20 percent and eliminate their use of company aircraft.More >>
Natural gas and oil producer Chesapeake Energy Corp. said Friday that it will cut the pay of outside directors on its board by 20 percent and eliminate their use of company aircraft.More >>
Greece's Parliament is to be dissolved so new elections can be held June 17.More >>
Germany's chancellor apparently waded into Greece's choppy political waters on Friday, when Athens said Angela Merkel suggested that the country should hold a referendum on the euro together with next month's...More >>
By The Associated Press Children's trampolines with a dangerous defect and a line of crib tents that have already proved deadly for one child are among this week's recalled products. Others include...More >>
By The Associated Press Children's trampolines with a dangerous defect and a line of crib tents that have already proved deadly for one child are among this week's recalled products. Others include...More >>
By The Associated Press On Friday crude oil prices fell ahead of a weekend meeting in which President Barack Obama and leaders of the world's biggest economies will search for ways to help Europe...More >>
By The Associated Press On Friday crude oil prices fell ahead of a weekend meeting in which President Barack Obama and leaders of the world's biggest economies will search for ways to help Europe...More >>
The head of a U.S.-owned marine salvage company chosen to remove the wreck of the Costa Concordia cruise ship from the waters off Tuscany is predicting the vessel will be ready for towing by early next year.More >>
Salvage experts plan to use water-filled cisterns to weigh down the above-sea side of the cruise liner capsized off the Italian coast - part of an effort to turn the massive vessel upright so that it can towed for demolition...More >>
By The Associated Press WEEKEND MEETING: Leaders of eight of the world's biggest economies meet this weekend outside Washington, seeking to keep Europe's debt crisis from spiraling out of control.More >>
By The Associated Press WEEKEND MEETING: Leaders of eight of the world's biggest economies meet this weekend outside Washington, seeking to keep Europe's debt crisis from spiraling out of control.More >>
By The Associated Press TENSIONS EASED: Taiwan President Ma Ying-jeou has leveraged growing economic ties with China to reduce tensions to their lowest level since the two sides split in 1949.More >>
By The Associated Press TENSIONS EASED: Taiwan President Ma Ying-jeou has leveraged growing economic ties with China to reduce tensions to their lowest level since the two sides split in 1949.More >>
By The Associated Press SOLAR STORM: China rejected a U.S. antidumping ruling against its makers of solar power equipment. The conflict has worsened U.S.-Chinese trade tensions. The two governments have...More >>
By The Associated Press SOLAR STORM: China rejected a U.S. antidumping ruling against its makers of solar power equipment. The conflict has worsened U.S.-Chinese trade tensions. The two governments have...More >>
World stocks dived Wednesday after a failure by Greece's political leaders to form a coalition government set the stage for new elections next month, keeping Europe's debt crisis center stage.More >>
Concerns that Europe's debt crisis could drag down parts of the continent's banking system rattled global markets on Friday, while the IPO of social network Facebook failed to buoy spirits on Wall Street.More >>
EDITOR'S NOTE - Facebook begins selling stock to the public Friday in the most talked-about market debut in years. Two Associated Press business writers are debating whether the stock is a smart buy.More >>
EDITOR'S NOTE - Facebook begins selling stock to the public Friday in the most talked-about market debut in years. Two Associated Press business writers are debating whether the stock is a smart buy.More >>
EDITOR'S NOTE - Facebook begins selling stock to the public Friday in the most talked-about market debut in years. Two Associated Press business writers are debating whether the stock is a smart buy.More >>
EDITOR'S NOTE - Facebook begins selling stock to the public Friday in the most talked-about market debut in years. Two Associated Press business writers are debating whether the stock is a smart buy.More >>
Oil prices hovered below $93 a barrel Friday in Asia, pausing after the latest twists in Europe's debt crisis triggered a sharp two-week selloff.More >>
By PABLO GORONDI Associated Press Oil prices edged toward $93 a barrel Friday as financial markets stabilized after a sharp two-week sell-off caused by the latest flare-up in Europe's debt crisis and a...More >>
HSBC may decide to sell its U.K. retail banking operations, depending on the impact of yet to be announced new banking regulations, published reports say.More >>
HSBC may decide to sell its U.K. retail banking operations, depending on the impact of yet to be announced new banking regulations, published reports say.More >>
State media say police have arrested four senior executives at a major state-owned shipping company for alleged mismanagement.More >>
State media say Vietnamese police have arrested four senior executives at a major state-owned shipping company for alleged mismanagement in another high-profile scandal.More >>
Leaders of China's solar power industry have rejected a U.S. antidumping ruling and say proposed punitive tariffs might disrupt efforts to promote clean energy.More >>
China's government on Friday rejected a U.S. antidumping ruling against its makers of solar power equipment and Chinese manufacturers warned possible higher tariffs might hurt efforts to promote clean energy.More >>
World stocks fell Friday after credit downgrades slapped on Spanish banks unnerved investors already worried about the stability of the 17-country euro currency union.More >>
World stocks fell Friday after credit downgrades slapped on Spanish banks unnerved investors already worried about the stability of the 17-country euro currency union.More >>
GlaxoSmithKline says it is persisting with its hostile bid to take over U.S. company Human Genome Sciences despite the target's new 'poison pill' defense.More >>
GlaxoSmithKline says it will persist with its bid to take over U.S. company Human Genome Sciences despite the target's new 'poison pill' defense.More >>
Asian stocks plunged Friday after discouraging U.S. economic reports unnerved investors already worried about the stability of the 17-country eurozone.More >>
Asian stocks dived Friday after discouraging U.S. economic reports unnerved investors already worried about the stability of the 17-country euro currency union.More >>
Taiwan's Ma Ying-jeou is set to begin his second presidential term caught between China's desire to exert greater influence over his democratic island and Taiwanese determination to maintain their de facto...More >>
Taiwan President Ma Ying-jeou has leveraged growing economic ties with China to reduce tensions to their lowest level since the two sides split in 1949. China's incessant effort to draw the democratic island closer...More >>
A Japanese rocket has lifted off with a South Korean satellite in Japan's first commercial launch of a foreign probe into space.More >>
A rocket has lifted off in Japan in the country's first commercial launch of a foreign satellite - one from South Korea designed to monitor the environment.More >>
JPMorgan Chase CEO Jamie Dimon is facing shareholders five days after disclosing a $2 billion trading loss.More >>
The CEO of JPMorgan Chase offered a quick but blunt apology to shareholders Tuesday for a $2 billion trading loss that "should never have happened" and survived a push to strip him of the title of chairman of the board.More >>
Wal-Mart Stores Inc. reported a 10.1 percent increase in first-quarter profit that beat Wall Street estimates as its re-emphasis on low prices drove bargain-hungry U.S. shoppers into its stores. The world's largest...More >>
Wal-Mart may have gotten its groove back, but an alleged bribery scheme threatens to curtail its progress.More >>
Clothing seller Gap Inc. says its first-quarter net income was unchanged from a year ago as rising costs and a drop in overseas sales offset sales gains at its Old Navy, Gap and Banana Republic chains.More >>
Revenue gains at its Old Navy, Gap and Banana Republic chains and online helped clothing seller Gap Inc. overcome rising costs and post first-quarter net income on Thursday that was unchanged from a year earlier.More >>
Total U.S. money market mutual fund assets fell by $5.35 billion to $2.563 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.More >>
Total U.S. money market mutual fund assets fell by $5.35 billion to $2.563 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.More >>
Facebook's initial public offering could be one of the largest in history if its stock prices at the high end of its expected range on Thursday.More >>
Facebook's initial public offering of stock is shaping up to be one of the largest ever. The world's definitive online social network is raising at least $16 billion for the company and its early investors in a...More >>
Sears Holdings Corp. returned to a first-quarter profit, benefiting from a gain on the sale of some stores.More >>
Sears Holdings Corp. said Thursday it returned to a profit in the first quarter as it benefited from a gain on the sale of underperforming stores. The troubled retailer also said it would spinoff a stake in its Canada unit...More >>
Facebook's initial public offering of stock is shaping up to be one of the largest ever. The world's definitive online social network is raising at least $16 billion, a big windfall for a company that began eight...More >>
Facebook's initial public offering of stock is shaping up to be one of the largest ever. The world's definitive online social network is raising at least $16 billion, a big windfall for a company that began eight...More >>
By The Associated Press A key Treasury yield is finishing the day at a new low as worries over Europe and a weak report on the U.S. economy send traders into the safety of U.S. government bonds.More >>
By The Associated Press A benchmark Treasury yield neared an all-time low Thursday as worries over Europe and a weak report on the U.S. economy send traders into the safety of U.S. government bonds.More >>
By The Associated Press Profiles of President Barack Obama's two nominees to the seven-member Federal Reserve Board who were confirmed by the Senate on Thursday.More >>
By The Associated Press Profiles of President Barack Obama's two nominees to the seven-member Federal Reserve Board who were confirmed by the Senate on Thursday.More >>
By The Associated Press Key barometers in the Treasury market late Thursday, compared with late Wednesday. Price changes in the 10-year note and 30-year bond are per $100 invested:More >>
By The Associated Press Key barometers in the Treasury market late Thursday, compared with late Wednesday. Price changes in the 10-year note and 30-year bond are per $100 invested:More >>
Stock futures are falling, with unease about Europe overshadowing what is expected to be another positive U.S. employment report and also some big numbers from the world's largest retailer.More >>
Unable to shake their worries about Europe, investors drove stocks to a four-month low Thursday and piled into bonds, sending the yield on the 10-year Treasury note close to an all-time low.More >>
Spain managed to auction nearly €2.5 billion ($3.18 billion) in medium-term debt amid strong demand but at sharply higher interest rates reflecting concerns that the country will be caught up in the fallout of the Greek...More >>
Confidence in Spain's banks and its teetering economy was shaken Thursday after a newspaper reported that depositors were rushing to withdraw their money from Bankia, a troubled bank that was effectively nationalized...More >>
Cheaper generic versions of blood thinner Plavix, the world's second-best-selling medicine, have just been approved for sale.More >>
Patients taking the popular blood thinner Plavix now have the option of getting a less-expensive pill, following the approval Thursday of the first generic versions in the U.S.More >>
Investors who see opportunity in Asia's growth typically think of China first. That's one reason why there's no shortage of options for U.S. investors looking to buy a stock mutual fund that focuses on China.More >>
Investors who see opportunity in Asia's growth typically think of China first. That's one reason why there's no shortage of options for U.S. investors looking to buy a stock mutual fund that focuses on China.More >>
By The Associated Press Stock markets fell after a pair of discouraging economic reports exacerbated investors' fears over turmoil stemming from Greece's possible exit from euro.More >>
By The Associated Press Stock markets fell after a pair of discouraging economic reports exacerbated investors' fears over turmoil stemming from Greece's possible exit from euro.More >>
By The Associated Press Moody's Investors Service is downgrading the ratings of 16 Spanish banks because of the country's worsening financial picture.More >>
By The Associated Press Moody's Investors Service is downgrading the ratings of 16 Spanish banks because of the country's worsening financial picture.More >>
By The Associated Press Long-term growth prospects in India are drawing the attention of mutual fund companies in the U.S. Ten U.S. funds specialize in Indian stocks, and half of those have been launched...More >>
By The Associated Press Long-term growth prospects in India are drawing the attention of mutual fund companies in the U.S. Ten U.S. funds specialize in Indian stocks, and half of those have been launched...More >>
By The Associated Press HOW NOW, DOW JONES: The Dow Jones industrial average posted its 11th loss in 12 days as U.S. economic data exacerbated investors' fears over Europe. The two-week slump...More >>
By The Associated Press HOW NOW, DOW JONES: The Dow Jones industrial average posted its 11th loss in 12 days as U.S. economic data exacerbated investors' fears over Europe. The two-week slump...More >>
The Senate has confirmed President Barack Obama's two nominees to the Federal Reserve Board, bringing the seven-member board to full strength for the first time since April 2006.More >>
The Senate has confirmed President Barack Obama's two nominees to the Federal Reserve Board, bringing the seven-member board to full strength for the first time since April 2006.More >>
By The Associated Press Prices for wheat and precious metals are ending higher, a rare flash of bullish news on a down day for the markets.More >>
By The Associated Press Wheat prices rose again Thursday on concerns about poor weather conditions, while gold and silver shot higher as traders sought refuge from a steep decline in the stock market.More >>
By The Associated Press U.S. airlines' revenue from checked bag fees fell last year for the first time since they started collecting them, signaling that more passengers are packing light to save cash....More >>
By The Associated Press U.S. airlines' revenue from checked bag fees fell last year for the first time since they started collecting them, signaling that more passengers are packing light to save cash....More >>
By SANDY SHORE AP Business Writer The price of natural gas is plunging as supplies continue to build and mild weather is curtailing demand in parts of the country.More >>
By SANDY SHORE AP Business Writer Natural gas is no longer at decade lows, but the price remains sensitive to reports of any significant increase in supply.More >>
Outgoing Altria Group CEO Michael Szymanczyk (sih-MAN-sick) finished his final shareholder meeting much the same way as his first - fielding attacks against the nation's largest tobacco company.More >>
Outgoing Altria Group Inc. CEO Michael E. Szymanczyk finished his final shareholder meeting on Thursday much the same way as his first - fielding attacks against the nation's largest tobacco company.More >>
By The Associated Press APPETITE FOR WHEAT: Wheat has been climbing this week as investors worry that dry weather in Russia and the U.S. will crimp supply. Wheat climbed 3 percent, or 19 cents per bushel,...More >>
By The Associated Press APPETITE FOR WHEAT: Wheat has been climbing this week as investors worry that dry weather in Russia and the U.S. will crimp supply. Wheat climbed 3 percent, or 19 cents per bushel,...More >>
By The Associated Press The price of oil fell Thursday as worries persisted about the future of Greece in the European Union and the long-term impact that region's financial crisis could have on the...More >>
By The Associated Press The price of oil fell Thursday as worries persisted about the future of Greece in the European Union and the long-term impact that region's financial crisis could have on the...More >>
Fitch ratings agency has downgraded crisis-hit Greece by one notch to CCC, citing the "heightened risk" that the country may be forced to abandon the euro currency union.More >>
Fitch ratings agency downgraded debt-crippled Greece deeper into junk territory on Thursday, warning of a "probable" Greek exit from the euro currency union if new national elections next month produce an anti-bailout...More >>
U.S. airlines' revenue from bag fees fell last year for the first time since they started collecting fees in 2008. But that doesn't mean travelers paid less; there were simply fewer fliers.More >>
U.S. airlines' revenue from bag fees fell last year for the first time since they started collecting them, signaling that more passengers are packing light to save cash when they fly.More >>
Disney/Marvel's "The Avengers" should top the domestic box office for a third straight weekend, fending off wide-release newcomers with another $50 million in receipts.More >>
Disney/Marvel's "The Avengers" should top the domestic box office for a third straight weekend, fending off wide-release newcomers with another $50 million in receipts.More >>
Fitch Ratings says the world's 29 biggest banks together may have to raise $566 billion by the end of 2018 to meet new international requirements for holding cushions against risk.More >>
Fitch Ratings said Thursday that the world's 29 biggest banks together may have to raise $566 billion by the end of 2018 to meet new international requirements for holding cushions against risk.More >>
Greece is swearing in the caretaker cabinet that will lead the country into repeat elections next month, after a deadlocked vote sparked more political turmoil and brought the country's euro membership into question.More >>
Greece on Thursday swore in 300 legislators for just one day before it dissolves Parliament and calls new elections, among them 21 lawmakers from Golden Dawn - arguably the most far-right party to be involved in a European...More >>
Billionaire Warren Buffett's company is making its largest foray into newspapers yet, agreeing to buy 63 papers from Media General Inc.More >>
Billionaire Warren Buffett's company is making another foray into newspapers, agreeing to buy 63 newspapers from Media General Inc. for $142 million.More >>
Members of France's new Socialist-led government are taking office and preparing for their first Cabinet meeting with President Francois Hollande.More >>
French President Francois Hollande's new Socialist-led government adopted a 30 percent pay cut Thursday, a gesture of shared sacrifice by leaders who must now reduce the country's massive debts and tackle spiraling...More >>
By CHRISTINA REXRODE AP Business Writer This time of year, shareholders bombard corporations with suggestions about executive pay, governance and other arcana. But once in a while, an idea comes along that...More >>
By CHRISTINA REXRODE AP Business Writer This time of year, shareholders bombard corporations with suggestions about executive pay, governance and other arcana. But once in a while, an idea comes along that...More >>
We hear it time and time again - "Eat your veggies!" From the grocery aisle to the farmers market, vegetables are plentiful. But it is all too easy to wind up with wan, dried-out carrots from the supermarket or overpriced...More >>
We hear it time and time again - "Eat your veggies!" From the grocery aisle to the farmers market, vegetables are plentiful. But it is all too easy to wind up with wan, dried-out carrots from the supermarket or overpriced...More >>
An airline says one of its planes, which was carrying 62 people, made an emergency landing at Germany's Munich airport where it slid off the runway. One passenger was slightly injured.More >>
An airline says one of its planes, which was carrying 62 people, made an emergency landing at Germany's Munich airport where it slid off the runway. One passenger was slightly injured.More >>
An Israeli official says the country's military chief of staff will be making an official visit to China in a sign of warming security ties between the countries.More >>
An Israeli official says the country's military chief of staff will be making an official visit to China in a sign of warming security ties between the countries.More >>
By The Associated Press Average U.S. rates for 30-year and 15-year fixed mortgages fell this week to record lows for the third straight week. The low rates make it one of the most affordable times in...More >>
By The Associated Press Average U.S. rates for 30-year and 15-year fixed mortgages fell this week to record lows for the third straight week. The low rates make it one of the most affordable times in...More >>
By The Associated Press PULLING OUT: The embattled CEO of Canadian Pacific Railway is leaving, ending a months-long battle that pitted New York activist Bill Ackman against a board stacked with Canadian...More >>
By The Associated Press PULLING OUT: The embattled CEO of Canadian Pacific Railway is leaving, ending a months-long battle that pitted New York activist Bill Ackman against a board stacked with Canadian...More >>
An American businessman jailed for more than four years in Dubai under suspicion of corruption has started a hunger strike to push for a trial and seek greater U.S. diplomatic pressure in his case.More >>
An American businessman jailed for more than four years in Dubai under suspicion of corruption has started a hunger strike to push for a trial and seek greater U.S. diplomatic pressure in his case.More >>
A measure of future U.S. economic activity fell in April after six months of increases. The drop reflected weakness in housing and hiring.More >>
A measure of future U.S. economic activity fell in April after six months of increases. The drop reflected fewer requests for building permits and a temporary spike in applications for unemployment benefits.More >>
Manufacturing activity contracted in the mid-Atlantic region in May for the first time in eight months. New orders decreased and firms cut jobs.More >>
Manufacturing activity contracted in the mid-Atlantic region in May for the first time in eight months. New orders decreased and firms cut jobs.More >>
Average U.S. rates for 30-year and 15-year fixed mortgages fell to record lows for the third straight week. The steady decline has made home-buying and refinancing more affordable than ever for those who can qualify.More >>
Average U.S. rates for 30-year and 15-year fixed mortgages fell to record lows for the third straight week. The steady decline has made home-buying and refinancing more affordable than ever for those who can qualify.More >>
Berlin's mayor says the planned opening of the city's €2.5 billion ($3.18 billion) new airport must be further delayed until spring of next year.More >>
The opening of Berlin's new €2.5-billion ($3.18-billion) airport must be further delayed until spring of next year, the capital's mayor said Thursday, in a growing embarrassment for city officials.More >>
British Prime Minister David Cameron is urging Europe to sort out its currency crisis, calling on the 17-country eurozone to "to make-up or it is looking at a potential break-up.More >>
British Prime Minister David Cameron on Thursday urged Europe to sort out its currency crisis, calling on the 17-country eurozone "to make-up or it is looking at a potential break-up."More >>
Russia's MICEX benchmark has shed nearly 3 percent to hit its lowest point since Oct. 5, as oil prices keep falling, lowering revenue from its lucrative sector and as fears grow that Greece's political crisis will...More >>
Russia's main stock index on Thursday hit its lowest point since Oct. 5 as oil prices keep falling, lowering revenue from the country's lucrative energy sector and as fears grow that Greece's political crisis...More >>
Human Genome Sciences says its board has adopted a "poison pill" shareholder rights plan to ward off unsolicited takeover bids for the biotech drugmaker.More >>
Biotech drugmaker Human Genome Sciences Inc.'s board has adopted a "poison pill" shareholder rights plan to ward off unsolicited takeover bids, and it also has rejected a buyout offer worth nearly $2.6 billion from...More >>
By PABLO GORONDI Associated Press Oil prices edged further below $93 a barrel on Thursday, extending a sharp two-week sell-off, as traders monitored Europe's debt crisis and its potential impact on...More >>
By PABLO GORONDI Associated Press Oil prices edged further below $93 a barrel on Thursday, extending a sharp two-week sell-off, as traders monitored Europe's debt crisis and its potential impact on...More >>
Agilent Technologies and Swedish private equity group EQT say they've reached a deal to buy Dako, a Denmark-based cancer diagnostic company, for about $2.2 billion.More >>
Agilent Technologies Inc. said Thursday that it is buying Dako, a Denmark-based cancer diagnostic company, for about $2.2 billion to help it develop a wider range of cancer-fighting products, expand Agilent's life...More >>
Wal-Mart Stores Inc. is reporting a 10.1 percent increase in first-quarter profit as the world's largest retailer's re-emphasis on low prices continues to woo back bargain-hungry shoppers in an uncertain economy.More >>
Wal-Mart Stores Inc. is reporting a 10.1 percent increase in first-quarter profit as the world's largest retailer's re-emphasis on low prices continues to woo back bargain-hungry shoppers in an uncertain economy.More >>
British autoworkers have overwhelmingly backed a job deal which clears the way for renewed investment at General Motors' Vauxhall plant in northern England.More >>
General Motors' Vauxhall plant in northern England will build the company's top-selling Astra vehicles, the automaker said Thursday - a relief for U.K. politicians who had lobbied its American owner to keep the plant...More >>
Iran's parliament on Thursday signed off on a $462 billion budget bill for the current Iranian year that is about 9 percent less than the budget approved in the previous calendar year, a consequence attributed to the new...More >>
Iran's parliament on Thursday signed off on a $462 billion budget bill for the current Iranian year that is about 9 percent less than the budget approved in the previous calendar year, a consequence attributed to the new...More >>
Toyota Motor Corp. President Akio Toyoda took the helm at Japan's auto industry group Thursday with a promise to keep production and jobs at home to help along the country's recovery from last year's disaster.More >>
Toyota Motor Corp. President Akio Toyoda took the helm at Japan's auto industry group Thursday with a promise to keep production and jobs at home to help along the country's recovery from last year's disaster.More >>
Asian stocks eked out gains Thursday as traders hunted for bargains after sharp selling in recent days, but markets in Europe fell amid intensifying fears of a messy exit by Greece from the euro common currency.More >>
Asian stocks eked out gains Thursday as traders hunted for bargains after sharp selling in recent days, but markets in Europe fell amid intensifying fears of a messy exit by Greece from the euro common currency.More >>
Japan's economy grew at an annual rate of 4.1 percent from January to March amid a gradual recovery from last year's catastrophic earthquake and tsunami.More >>
Japan's economy grew an at annual rate of 4.1 percent in the first quarter amid a gradual recovery from last year's catastrophic earthquake and tsunami.More >>
National foreclosure trends took a positive turn in April, as the number of homes seized by banks declined and fewer properties entered into the foreclosure process.More >>
National foreclosure trends took a positive turn in April, as the number of homes seized by banks declined and fewer properties entered into the foreclosure process.More >>
The price of oil continues to decline as supplies grow in the U.S.More >>
Oil prices hovered near $93 a barrel Thursday in Asia as traders mulled whether concern over Europe's debt crisis justifies extending a sharp sell-off during the last two weeks.More >>
Singapore says its economic growth slowed in the first quarter as manufacturing fell.More >>
Singapore's economic growth slowed in the first quarter as the government warned Thursday that political upheaval in Europe threatens to undermine the global economy.More >>
Target Corp. is reporting a 1.2 percent increase in first-quarter profit as the discount chain pulled in more shoppers with its food and trendy fashions.More >>
Target Corp. raised its profit outlook Wednesday after reporting better-than-expected first-quarter results that were boosted by increased spending on food and cheap chic fashions.More >>
By The Associated Press BIG JPMORGAN LOSS CITED: A key House Republican says the $2 billion trading loss at JPMorgan Chase raises critical questions about how banks control risks. Republican lawmakers...More >>
By The Associated Press BIG JPMORGAN LOSS CITED: A key House Republican says the $2 billion trading loss at JPMorgan Chase raises critical questions about how banks control risks. Republican lawmakers...More >>
Responding to extraordinary demand, Facebook said Wednesday that it would sell more stock in the company's initial public offering. But ahead of the IPO, a debate emerged between two of the nation's largest...More >>
Responding to extraordinary demand, Facebook said Wednesday that it would sell more stock in the company's initial public offering. But ahead of the IPO, a debate emerged between two of the nation's largest...More >>
Greece's president is to convene the crisis-struck country's political leaders once more, this time to appoint a caretaker government that will lead the country into new elections next month.More >>
A senior judge was sworn in Wednesday to head Greece's caretaker government for a month as the debt-crippled country lurches through a political crisis that threatens its membership in the 17-nation eurozone.More >>
Deere is posting a 17 percent spike in profits for the second quarter is raising its outlook for the year, with farm receipts expected to hit historic heights.More >>
Deere posted a 17 percent spike in second quarter profit Wednesday and boosted its outlook for the year, predicting record-high global demand for its signature tractors, harvesters and seeders.More >>
By The Associated Press COOKED WHEAT: Dry, hot temperatures in the U.S. and a drought in Russia had investors anticipating that supplies might be tight. Wheat surged 5 percent, corn rose 4 percent.More >>
By The Associated Press COOKED WHEAT: Dry, hot temperatures in the U.S. and a drought in Russia had investors anticipating that supplies might be tight. Wheat surged 5 percent, corn rose 4 percent.More >>
The $2 billion trading loss at JPMorgan Chase should feature prominently Wednesday when lawmakers debate how best to regulate banks big enough to bring down the broader financial system.More >>
A key House Republican says the $2 billion trading loss at JPMorgan Chase raises critical questions about how banks control their risks. But Republican lawmakers rejected calls from Democrats for stricter regulation.More >>
Researchers say the U.S. approved more new medicines in less time than Europe and Canada in the last decade, challenging long-standing criticisms that the Food and Drug Administration lags behind its peers in clearing...More >>
Researchers say the U.S. approved more new medicines in less time than Europe and Canada in the last decade, challenging long-standing criticisms that the Food and Drug Administration lags behind its peers in clearing...More >>
By The Associated Press Stock markets fell on worries that Greece would exit the euro bloc and throw the global markets into further turmoil. New elections were called in Greece for June 17 after coalition...More >>
By The Associated Press Stock markets fell on worries that Greece would exit the euro bloc and throw the global markets into further turmoil. New elections were called in Greece for June 17 after coalition...More >>
By The Associated Press Key barometers in the Treasury market late Wednesday, compared with late Tuesday. Price changes in the 10-year note and 30-year bond are per $100 invested:More >>
By The Associated Press Key barometers in the Treasury market late Wednesday, compared with late Tuesday. Price changes in the 10-year note and 30-year bond are per $100 invested:More >>
By The Associated Press Wheat futures soared 5 percent as dry weather in the U.S. brought worries that the crop wouldn't be nearly as large as traders had expected.More >>
By The Associated Press Wheat futures soared 5 percent as dry weather in the U.S. brought worries that the crop wouldn't be nearly as large as traders had expected.More >>
By The Associated Press GREEK DRAMA: Stock markets fell on worries that Greece would exit the euro bloc and throw the global markets into further turmoil. New elections were called in Greece for June 17...More >>
By The Associated Press GREEK DRAMA: Stock markets fell on worries that Greece would exit the euro bloc and throw the global markets into further turmoil. New elections were called in Greece for June 17...More >>
U.S. stock futures are edging higher on strong data from the housing sector, yet worries persist that Greek debt problems could fracture the European Union and roil global markets.More >>
The unending turmoil in Greece spread fallout across the financial markets Wednesday. The Dow Jones industrial average fell for the ninth day out of 10, and gold, oil, and the euro all dropped to multi-month lows.More >>
Delta Air Lines says it may have charged some frequent fliers higher fares than other customers for almost three weeks because of a computer glitch.More >>
Delta Air Lines may have charged some frequent fliers higher fares than other customers for almost three weeks because of a computer glitch.More >>
Facebook's owners now plan to sell 25 percent more shares in the company as investors clamor for shares in the year's hottest stock offering.More >>
Responding to extraordinary demand, Facebook said Wednesday that it would sell more stock in the company's initial public offering. But ahead of the IPO, a debate emerged between two of the nation's largest...More >>
By The Associated Press HOUSING STARTS RISE: U.S. homebuilding rose to nearly a three-year high in April. Builders broke ground at a seasonally adjusted annual pace of 717,000 homes, the Commerce...More >>
By The Associated Press HOUSING STARTS RISE: U.S. homebuilding rose to nearly a three-year high in April. Builders broke ground at a seasonally adjusted annual pace of 717,000 homes, the Commerce...More >>
France's new prime minister Jean-Marc Ayrault is taking up his new responsibilities, a day after the country's new Socialist president was sworn in.More >>
Jean-Marc Ayrault, a moderate Socialist with an affinity for Germany, took office as France's prime minister on Wednesday and got to work by naming his Cabinet - a lineup that includes allies and veterans of previous...More >>
Claims that Skechers' fitness shoes can help shed pounds and tone muscles are sketchy at best, says the government - and they're going to cost the company millions of dollars.More >>
The government wants you to know that simply sporting a pair of Skechers' fitness shoes is not going to get you Kim Kardashian's curves or Brooke Burke's toned tush.More >>
FBI Director Robert Mueller says the bureau has launched a preliminary investigation of JPMorgan Chase & Co. following a $2 billion trading loss at the bank.More >>
FBI Director Robert Mueller says the bureau has launched a preliminary investigation of JPMorgan Chase & Co. following a $2 billion trading loss at the bank.More >>
By The Associated Press CHINA CONNECTION: Asian energy giant PetroChina plans to join with Shell Canada and major energy companies in Japan and South Korea to develop a liquefied natural gas export project...More >>
By The Associated Press CHINA CONNECTION: Asian energy giant PetroChina plans to join with Shell Canada and major energy companies in Japan and South Korea to develop a liquefied natural gas export project...More >>
A British judge says a Kazakh banker can remain in hiding while appealing his prison sentence.More >>
A former Kazakh banker accused of embezzling $5 billion can remain in hiding while appealing his prison sentence, a British judge ruled Wednesday.More >>
Shareholders of JPMorgan Chase & Co. have filed two lawsuits against the nation's biggest bank, accusing it and its leaders of taking excessive risk and causing a monumental $2 billion trading loss.More >>
Shareholders of JPMorgan Chase & Co. have filed two lawsuits against the nation's biggest bank, accusing it and its leaders of taking excessive risk and causing a monumental $2 billion trading loss.More >>
Irish voters would be playing a dangerous game with their country's economic future if they reject the European Union fiscal treaty in a referendum this month, Finance Minister Michael Noonan warned Wednesday.More >>
Irish voters would be playing a dangerous game with their country's economic future if they reject the European Union fiscal treaty in a referendum this month, Finance Minister Michael Noonan warned Wednesday.More >>
An International Monetary Fund official says Italy has made "notable progress" toward improving its financial outlook in the last six months but added that work needs to be done on growth.More >>
An International Monetary Fund official on Wednesday said the eurozone's third-largest economy is "on the right track" and has made notable progress in the six months since Premier Mario Monti took over.More >>
Greece's privatization fund says it will delay decisions on the country's ambitious drive to sell off state assets until after next month's national elections.More >>
Greece's privatization fund says it will delay decisions on the country's ambitious drive to sell off state assets until after next month's national elections.More >>