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 >>
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 >>
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 >>
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 banking sector was shaken Thursday after a newspaper reported that depositors were rushing to withdraw their money from Bankia, a bank that was recently nationalized.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 >>
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 >>
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 >>
The Dow Jones industrial average is heading for its 11th loss in 12 days after a pair of discouraging economic reports and as investors worried about Greece's possible exit from euro.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 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 The price of natural gas is dropping as mild weather curtails demand in parts of the country while supplies continue to build.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 >>
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 >>
Fears surrounding the stability of the 17-country eurozone - particularly the state of Spain's financial system and whether Greece might be forced out of the single currency union - pushed global markets down again on...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's U.S. business finally got its groove back.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 benefitted from a gain on the sale of underperforming stores. The troubled retailer also said it would spinoff a stake in its Canada unit...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 >>
WellPoint shareholders are rejecting a call for more disclosure about the health insurer's political contributions after a shout-filled, contentious annual meeting.More >>
WellPoint Inc. shareholders rejected a call for more disclosure about the health insurer's political contributions Wednesday during a shout-filled, contentious annual meeting.More >>
Official figures show that the economy of the 17 countries that use the euro confounded expectations and avoided falling back into recession in the first quarter of the year.More >>
Germany prevented the economy of the 17 countries that use the euro from falling into a recession in the first quarter of the year despite a raging debt crisis that's raising the specter of the breakup of the currency...More >>
U.S. factory output increased in April, helped by a gain in auto production. Busier factories have driven stronger hiring this year and helped the economy grow.More >>
U.S. factory output increased in April, helped by a gain in auto production. Busier factories have driven stronger hiring this year and helped the economy grow.More >>
The head of the European Central Bank says its "strong preference" is for Greece to stay in the euro.More >>
European Central Bank head Mario Draghi said Wednesday that the "strong preference" of the ECB's leadership is for financially troubled Greece to stay in the euro.More >>
An Israeli company has written off its entire 12.5 percent investment in the company that sold Egyptian natural gas to Israel before Egypt terminated the exports.More >>
An Israeli company has written off its entire 12.5 percent investment in the company that sold Egyptian natural gas to Israel before Egypt terminated the exports.More >>
The Indian rupee hit a fresh all-time low against the dollar Wednesday, as risk averse global investors wary of India's twin deficits drowned out central bank efforts to stem the currency's slide.More >>
The Indian rupee hit a fresh all-time low against the dollar Wednesday, as risk averse global investors wary of India's twin deficits drowned out central bank efforts to stem the currency's slide.More >>
For the Italian entrepreneur whose business and marriage were falling apart, a tax bill was the last straw. Armed with a shotgun and two revolvers, Luigi Martinelli took 15 hostages at a government tax office last week,...More >>
For the Italian entrepreneur whose business and marriage were falling apart, a tax bill was the last straw. Armed with a shotgun and two revolvers, Luigi Martinelli took 15 hostages at a government tax office last week,...More >>
The difference between the interest rates demanded by investors for Spanish and German 10-year bonds has shot past the 500 basis point barrier, reflecting mounting concerns over the future of the eurozone.More >>
Spain's prime minister warned Wednesday that the country faced the danger of being locked out of international markets as investors continued to fret about the future of the euro and Greece's place in the 17-country...More >>
ABN Amro, the state-owned Dutch bank, has reported a 32 percent fall in first-quarter profits, reflecting the ongoing recession in the Netherlands.More >>
ABN Amro, the state-owned Dutch bank, has reported a 32 percent fall in first-quarter profits, reflecting the ongoing recession in the Netherlands.More >>
The Bank of England has trimmed its forecast for U.K. economic growth this year to 0.8 percent, but expects inflation to remain above target for another year.More >>
The Bank of England has trimmed its growth forecast for the U.K. economy and warned that inflation will remain above target for another year - assuming the country isn't knocked off course by turmoil in the eurozone.More >>
Russia's Central Bank chief has reported $42 billion in net capital outflow in the first four months of the year.More >>
Russia saw $42 billion worth of net capital outflows in the first four months of the year but there are hopes in the markets that may ease and turnaround over the coming months as a new government is installed.More >>
France's medium-term borrowing costs fell, while long-term rates rose slightly in a pair of bond auctions that raised €9 billion ($11.6 billion).More >>
France raised €9 billion ($11.6 billion) in a successful pair of bond auctions Wednesday that also saw some of its long-term borrowing costs move up.More >>
Danish shipper and oil group A.P. Moller-Maersk says first quarter earnings of 8.5 billion kroner ($1.5 billion) were unsatisfactory and the result of low rates in the container and tanker markets.More >>
Danish shipper and oil group A.P. Moller-Maersk says first quarter earnings of 8.5 billion kroner ($1.5 billion) were unsatisfactory and the result of low rates in the container and tanker markets.More >>
Bangladesh says a four-member commission will investigate 54 businesses linked to the pioneering microlender Grameen Bank.More >>
Bangladesh has ordered a four-member commission to investigate 54 businesses linked to the pioneering microlender Grameen Bank founded by Nobel laureate Muhammad Yunus.More >>
Airbus parent company EADS says its first quarter earnings were hammered by a hefty €158-million ($203-million) charge to fix problematic wing parts on its flagship A380 superjumbo.More >>
Airbus parent company EADS said Wednesday its first quarter earnings were hammered by a hefty €158-million ($203-million) charge to fix problematic wing parts on its flagship A380 superjumbo.More >>
World stock markets dropped Monday as worries intensified over the condition of the eurozone and whether Greece is edging towards leaving the single currency union.More >>
Asian 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 >>
Greece's president is seeking to end a nine-day deadlock over forming a new government by meeting with five political party leaders.More >>
Greece headed into a month of political uncertainty after power-sharing talks collapsed, triggering new elections that could determine whether the country retains its tenuous position in Europe's currency.More >>
Warren Buffett's company has revealed a number of changes in its U.S. stock portfolio, including boosting its holdings in Wal-Mart and IBM and adding a new stake of 10 million General Motors shares.More >>
Warren Buffett's company is apparently bullish on the U.S. auto industry.More >>
J.C. Penney is reporting a bigger-than-expected loss and plummeting profits in the first quarter as many of its customers are rejecting a new bold pricing strategy that puts an end to rampant discounting in favor of everyday...More >>
Turns out, J.C. Penney shoppers don't prefer predictable pricing over blockbuster bargains - at least not yet.More >>
Prosecutors are announcing whether ex-News of the World editor and News International chief executive Rebekah Brooks will face charges over Britain's tabloid phone hacking scandal.More >>
One of Rupert Murdoch's most trusted lieutenants and five people close to her were charged with conspiring to hide evidence of phone hacking, bringing the scandal that has raged across Britain's media and political...More >>
French officials say that new President Francois Hollande's plane was hit by lightning en route to Berlin. They say no one was hurt but that the plane returned to Paris as a precaution.More >>
Socialist Francois Hollande assumed France's presidency Tuesday, inheriting a country fearful for its financial future and jetting off immediately to Berlin to tackle his most pressing problem: Europe's debt crisis.More >>
A panel of HIV specialists is recommending that U.S. regulators approve the first over-the-counter HIV test designed to quickly return a result in the privacy of a person's own home, a new option which could expand...More >>
American consumers may soon be able to test themselves for the virus that causes AIDS in the privacy of their own homes, after a panel of experts on Tuesday recommended approval of the first rapid, over-the-counter HIV test.More >>
Activist investor Ralph Whitworth says his firm has taken a $600 million stake in PepsiCo Inc., a move that could ramp up pressure on the company to make changes.More >>
Activist investor Ralph Whitworth said Tuesday that his firm has taken a $600 million stake in PepsiCo Inc., a move that could ramp up pressure on the company to make changes.More >>
NEW ACTIVITY: Activist investor Ralph Whitworth said his firm has taken a $600 million stake in PepsiCo Inc., a move that could put pressure on the company to make changes.More >>
NEW ACTIVITY: Activist investor Ralph Whitworth said his firm took a $600 million stake in PepsiCo Inc., a move that could put pressure on the company to make changes.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 >>
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 >>
Home Depot says its fiscal first-quarter profit climbed 27.5 percent as warmer weather brought consumers out for spring gardening and lawn products.More >>
Home Depot said Tuesday that its first-quarter net income climbed nearly 28 percent as unseasonably warm winter and increased business from contractors and other professional customers boosted results at the world's...More >>
French President Francois Hollande's decision to fly to Germany within hours of taking office Tuesday isn't just a sign of how deep Europe's troubles are - it underlines the deep alliance that the former...More >>
German Chancellor Angela Merkel and French President Francois Hollande agreed Tuesday to spend the coming weeks discussing proposals for generating economic growth in Europe, a first step to bridging their differences over...More >>
By The Associated Press Key barometers in the Treasury market late Tuesday, compared with late Monday. 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 Tuesday, compared with late Monday. Price changes in the 10-year note and 30-year bond are per $100 invested: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 >>
By The Associated Press OUTLOOK IMPROVES: Confidence among U.S. builders rose to the highest level in five years in May, a positive sign that slow improvement in the housing market may accelerate.More >>
By The Associated Press OUTLOOK IMPROVES: Confidence among U.S. builders rose to the highest level in five years in May, a positive sign that slow improvement in the housing market may accelerate.More >>
By The Associated Press THE NEWS: Shares of Avon Products Inc. closed down nearly 10 percent on Tuesday after the smaller beauty products maker Coty Inc. dropped its $10.7 billion takeover bid.More >>
By The Associated Press THE NEWS: Shares of Avon Products Inc. closed down nearly 10 percent on Tuesday after the smaller beauty products maker Coty Inc. dropped its $10.7 billion takeover bid.More >>
By The Associated Press LONG SLIDE: The Dow Jones industrial average fell 63 points Tuesday, continuing a slide that has shaved off nearly 5 percent of its value in two weeks. Since hitting a four-year...More >>
By The Associated Press LONG SLIDE: The Dow Jones industrial average fell 63 points Tuesday, continuing a slide that has shaved off nearly 5 percent of its value in two weeks. Since hitting a four-year...More >>
By The Associated Press U.S. Treasury debt prices are rising as Greece edges toward exiting the euro currency, spreading uncertainty through global markets.More >>
By The Associated Press Treasury yields stayed near their lows for the year Tuesday as worries over Greece keep traders in the market for U.S. government bonds.More >>
Avon shares are plunging in premarket trading after Coty dropped its $10.7 billion takeover bid for the cosmetics company.More >>
Shares of Avon Products Inc. fell almost 10 percent Tuesday after the smaller beauty products maker Coty Inc. dropped its $10.7 billion takeover bid.More >>
By The Associated Press RELIEF AT THE PUMP: Americans are seeing some relief from higher gas prices. Consumer prices were flat in April, largely because of lower gas costs.More >>
By The Associated Press RELIEF AT THE PUMP: Americans are seeing some relief from higher gas prices. Consumer prices were flat in April, largely because of lower gas costs.More >>
Confidence among U.S. builders rose to the highest level in five years, a hopeful sign that modest improvement in the housing market will pick up.More >>
Confidence among U.S. builders rose to the highest level in five years in May, a hopeful sign that modest improvement in the housing market will pick up.More >>
By The Associated Press Europe's latest political impasse cast a gloom over financial markets Tuesday. The euro plunged, and the Dow Jones industrial average extended a slide that has wiped out nearly...More >>
By The Associated Press Europe's latest political impasse cast a gloom over financial markets Tuesday. The euro plunged, and the Dow Jones industrial average extended a slide that has wiped out nearly...More >>
Stock futures are rising ahead of economic data focusing on consumers and businesses.More >>
By DANIEL WAGNER AP Business Writer Europe's latest political impasse cast a gloom over financial markets Tuesday. The euro plunged, and the Dow Jones industrial average extended a slide that has wiped...More >>
Greece will hold a new election in June after days of talks failed to resolve the country's political deadlock, party leaders said Tuesday.More >>
Greece headed into a month of political uncertainty after power-sharing talks collapsed Tuesday, triggering new elections that could determine whether the country retains its tenuous position in Europe's currency.More >>
A senior lawmaker with Chancellor Angela Merkel's party said Tuesday that Germany is willing to discuss growth-promoting measures with France - so long as a European budget-discipline pact stands.More >>
A senior lawmaker with Chancellor Angela Merkel's party said Tuesday that Germany is willing to discuss growth-promoting measures with France - so long as a European budget-discipline pact stands.More >>
Spanish oil company Repsol said Tuesday it had made the first step in taking legal action against Argentina for nationalizing its energy firm YPF.More >>
Spanish oil company Repsol said Tuesday it had made the first step in taking legal action against Argentina for nationalizing its energy firm YPF.More >>
The euro fell to a four-month low against the dollar after Greek leaders failed to form a new government and said a new election will be held next month.More >>
The euro fell to a four-month low against the dollar Tuesday after Greek leaders failed to form a new government and said a new election will be held next month.More >>
By The Associated Press WHEAT GAINS: Wheat prices rose as crop conditions deteriorated in parts of Kansas because of dry weather. A new government report showed 52 percent of the Kansas crop was in...More >>
By The Associated Press WHEAT GAINS: Wheat prices rose as crop conditions deteriorated in parts of Kansas because of dry weather. A new government report showed 52 percent of the Kansas crop was in...More >>
Greece's finance ministry says it will pay back an outstanding €435 million ($558.67 million) bond that is held by investors who had rejected the country's debt writedown.More >>
Greece's finance ministry says it will pay back an outstanding €435 million ($558.67 million) bond that is held by investors who had rejected the country's debt writedown.More >>
European Union finance ministers agreed unanimously Tuesday to require banks to build higher defenses against future financial shocks in the hope of protecting taxpayers from paying for expensive bailouts.More >>
European Union finance ministers agreed unanimously Tuesday to require banks to build higher defenses against future financial shocks in the hope of protecting taxpayers from paying for expensive bailouts.More >>
Italian bank Intesa SanPaolo on Tuesday reported a 22 percent increase in first-quarter earnings due to higher trading profits and cost-cutting, and maintained its targets despite political and economic uncertainty in Europe.More >>
Italian bank Intesa SanPaolo on Tuesday reported a 22 percent increase in first-quarter earnings due to higher trading profits and cost-cutting, and maintained its targets despite political and economic uncertainty in Europe.More >>
Pharmaceutical wholesaler Cardinal Health Inc. says one of its Florida facilities will suspend shipments of controlled substances for two years under a settlement with federal authorities over alleged ineffective controls.More >>
Pharmaceutical wholesaler Cardinal Health Inc. said Tuesday one of its Florida facilities will be barred from shipping controlled substances for two years under a settlement with federal authorities over alleged ineffective...More >>
The $2 billion trading loss at JPMorgan Chase has renewed calls for stricter oversight of Wall Street banks. Two years after Congress passed an overhaul of financial rules, many of those changes have yet to be finalized.More >>
The $2 billion trading loss at JPMorgan Chase has renewed calls for stricter oversight of Wall Street banks. Two years after Congress passed an overhaul of financial rules, many of those changes have yet to be finalized.More >>
By The Associated Press THE CHARGES: Former U.K. tabloid editor Rebekah Brooks, her husband and four close aides were charged Tuesday over alleged attempts to conceal evidence in Britain's phone...More >>
By The Associated Press THE CHARGES: Former U.K. tabloid editor Rebekah Brooks, her husband and four close aides were charged Tuesday over alleged attempts to conceal evidence in Britain's phone...More >>
Francois Hollande campaigned for the French presidency with some pretty radical promises. But his carefully worded agenda and his political record suggest that after he takes over Tuesday, he's likely to revert to the...More >>
Francois Hollande campaigned for the French presidency with some pretty radical promises. But his carefully worded agenda and his political record suggest as president he's likely to revert to the moderate...More >>
By The Associated Press THE VOTE: Ground workers at American Airlines split over whether to accept a contract proposal that the airline called its "last, best" offer.More >>
By The Associated Press THE VOTE: Ground workers at American Airlines split over whether to accept a contract proposal that the airline called its "last, best" offer.More >>
By The Associated Press TOO SLOW: China's economic growth has decelerated from overheated to slower-than-Beijing-wanted in just six months as export demand and consumer spending at home weakened.More >>
By The Associated Press TOO SLOW: China's economic growth has decelerated from overheated to slower-than-Beijing-wanted in just six months as export demand and consumer spending at home weakened.More >>
No one's talking about giving intelligence tests, but researchers say they've shown that plants have smarts - the sort needed to help them survive dry times.More >>
No one's talking about giving intelligence tests, but researchers say they've shown that plants have smarts - the sort needed to help them survive dry times.More >>
Saks reported a 13 percent bump in first-quarter profit but sales came in well below Wall Street expectations.More >>
Saks reported a 13 percent bump in first-quarter profit, but weak demand of women's designer merchandise helped to pull revenue below Wall Street estimates.More >>
Foreign demand for U.S. Treasury securities rose to a record high in March. China, the largest buyer of Treasury debt, increased its holdings for a third straight month.More >>
Foreign demand for U.S. Treasury securities rose to a record high in March. China, the largest buyer of Treasury debt, increased its holdings for a third straight month.More >>
U.S. consumer prices were flat last month as cheaper gas offset modest increases for food, clothing and housing. The data indicate that inflation remains in check.More >>
U.S. consumer prices were flat last month as cheaper gas offset modest increases for food, clothing and housing. The data indicate that inflation remains in check.More >>
U.S. consumer prices were flat last month as cheaper gas offset modest increases for food, clothing and housing. The data indicate that inflation remains in check.More >>
U.S. consumer prices were flat last month as cheaper gas offset modest increases for food, clothing and housing. The data indicate that inflation remains in check.More >>
The $2 billion trading loss at JPMorgan Chase has renewed calls for stricter oversight of Wall Street banks. Two years after Congress passed an overhaul of financial rules, many of those changes have yet to be finalized.More >>
The $2 billion trading loss at JPMorgan Chase has renewed calls for stricter oversight of Wall Street banks. Two years after Congress passed an overhaul of financial rules, many of those changes have yet to be finalized.More >>
By PABLO GORONDI Associated Press Oil prices hovered below $95 a barrel Tuesday, near a five-month low, as concerns about Europe's debt crisis offset encouraging growth figures in Germany.More >>
By PABLO GORONDI Associated Press Oil prices hovered below $95 a barrel Tuesday, near a five-month low, as concerns about Europe's debt crisis offset encouraging growth figures in Germany.More >>
Norway's government says it will spend less of its oil wealth in an effort to avoid excessive economic growth, which has been boosting the national currency, hurting exporters.More >>
Norway's government says it will spend less of its oil wealth in an effort to avoid excessive economic growth, which has been boosting the national currency, hurting exporters.More >>
Germany's economy grew by a stronger than expected 0.5 percent in the first three months of the year despite Europe's debt crisis.More >>
Market concerns over the European economy are showing signs of growing after a closely-watched survey of German investors recorded a sharp drop in sentiment after five straight months of increases.More >>
EU finance ministers are haggling in Brussels over rules to force banks to build up higher capital cushions to protect them against financial shocks, with the U.K. running the risk of being isolated in its position.More >>
European Union finance ministers are to meet in in Brussels Tuesday to hammer out an agreement over how high banks should build their defenses against future financial shocks, with the U.K. running the risk of being isolated...More >>
By PABLO GORONDI Associated Press Oil prices dropped to near $94 a barrel Monday due to concerns that China's economy, the world's second-largest, is slowing faster than expected as well as...More >>
Oil prices hovered below $95 a barrel Tuesday in Asia near a five-month low amid concern about Europe's debt crisis.More >>
The Czech Statistics Office says the country remained stuck in recession as its economy suffered a sharper downturn than expected and shrank by 1.0 percent.More >>
The Czech Statistics Office says the country remained stuck in recession as its economy suffered a sharper downturn than expected and shrank by 1.0 percent.More >>
China's economic growth has fallen from overheated to slower than Beijing wanted in just half a year. That raises the threat of job losses and possible unrest.More >>
Gao Runping, who makes mechanical components for the oil industry, founded his business in the central city of Taiyuan with equipment bought from failing companies after the 2008 global crisis.More >>
Republican Sen. John McCain wants the Obama administration to ramp up its free trade agenda in Asia and suspend U.S. economic sanctions on Myanmar.More >>
Republican Sen. John McCain called for the Obama administration to ramp up its free trade agenda in Asia and suspend U.S. economic sanctions on Myanmar but retain an arms embargo.More >>
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