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Asian stocks rise on signs of steady US recovery
Asian stocks rise on signs of steady US recovery
Evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher Monday.Full Story
Evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher Monday.Full Story
Oil price falls below $96 a barrel
Oil price falls below $96 a barrel
The price of oil fell Monday ahead of the release later this week of economic data from the U.S. and China, the world's two largest economies, and a speech by the Federal Reserve chief.Full Story
The price of oil fell Monday ahead of the release later this week of economic data from the U.S. and China, the world's two largest economies, and a speech by the Federal Reserve chief.Full Story
China asks NKorea to release fishing boat, crew
China asks NKorea to release fishing boat, crew
China is urging North Korea to release a Chinese fishing boat whose owner says it was seized by gun-toting North Koreans earlier this month and held for ransom, in the latest irritant in relations between the...Full Story
China is urging North Korea to release a Chinese fishing boat whose owner says it was seized by gun-toting North Koreans earlier this month and held for ransom, in the latest irritant in relations between the neighboring...Full Story
'Trek' does $70.6M but falls short of studio hopes
'Trek' does $70.6M but falls short of studio hopes
"Star Trek: Into Darkness" has warped its way to a $70.6 million domestic launch from Friday to Sunday, though it's not setting any light-speed records with a debut that's lower than the studio's...Full Story
"Star Trek: Into Darkness" has warped its way to a $70.6 million domestic launch from Friday to Sunday, though it's not setting any light-speed records with a debut that's lower than the studio's expectations.Full Story
US gas prices up 11 cents over past 2 weeks
US gas prices up 11 cents over past 2 weeks
The average U.S. price of a gallon of gasoline has jumped 11 cents over the past two weeks.Full Story
The average U.S. price of a gallon of gasoline has jumped 11 cents over the past two weeks.Full Story
Consumer group flags high SPF ratings on sunscreen
Consumer group flags high SPF ratings on sunscreen
Sunbathers this summer will find new sunscreen labels that are designed to make the products more effective and easier to use.Full Story
Sunbathers headed to the beach this summer will find new sunscreen labels on store shelves that are designed to make the products more effective and easier to use. But despite those long-awaited changes, many sunscreens...Full Story
Jamie Dimon under pressure ahead of investor vote
Jamie Dimon under pressure ahead of investor vote
Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs.Full Story
Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs.Full Story
Jamie Dimon under pressure ahead of investor vote
Jamie Dimon under pressure ahead of investor vote
Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs.Full Story
Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs.Full Story
Chinese premier visits India to boost ties
Chinese premier visits India to boost ties
Just weeks after a tense border standoff, China's new premier headed to India on Sunday for his first foreign trip as the neighboring giants look to speed up efforts to settle a decades-old boundary dispute and...Full Story
Just weeks after a tense border standoff, China's new premier visited India on Sunday on his first foreign trip as the neighboring giants look to speed up efforts to settle a decades-old boundary dispute and boost...Full Story
Slim, broadcasters take fight to soccer field
Slim, broadcasters take fight to soccer field
Mexicans often feel that billionaire Carlos Slim owns everything in their country, from telephone and Internet companies to banks and chain stores, but his latest acquisitive foray is meeting resistance after...Full Story
Mexicans often feel that billionaire Carlos Slim owns everything in their country, from telephone and Internet companies to banks and chain stores, but his latest acquisitive foray is meeting resistance after touching a...Full Story
Obama agenda marches on despite controversies
Obama agenda marches on despite controversies
Despite Democratic fears, predictions of the demise of President Barack Obama's agenda appear exaggerated after a week of cascading controversies, political triage by the administration and party leaders in...Full Story
Despite Democratic fears, predictions of the demise of President Barack Obama's agenda appear exaggerated after a week of cascading controversies, political triage by the administration and party leaders in Congress and...Full Story
White House insists Obama was not involved in IRS
White House insists Obama was not involved in IRS
A senior White House adviser insists President Barack Obama learned the Internal Revenue Service had been targeting tea party groups "when it came out in the news."Full Story
A top White House adviser insisted Sunday that President Barack Obama learned the Internal Revenue Service had targeted tea party groups only "when it came out in the news" while Republicans continued to press the...Full Story
'Britain's Obama' urges ties with West Africa
'Britain's Obama' urges ties with West Africa
A British lawmaker widely viewed as a rising star in the Labour Party says the United Kingdom should more aggressively forge ties with West Africa's growing economies.Full Story
A rising star in Britain's Labour Party, described by some as the "British Barack Obama," Chuka Umunna urged the United Kingdom to more aggressively forge ties with West Africa's fast-growing economies.Full Story
Pope leads pep rally at Vatican, meets with Merkel
Pope leads pep rally at Vatican, meets with Merkel
German Chancellor Angela Merkel, mindful of the weight of Christian voters in September elections, has discussed with Pope Francis how Europe's economy should better serve people.Full Story
Pope Francis lamented that investment losses by banks trigger more alarm in the economic crisis than the struggle of people to feed their families, as he led a huge rally Saturday to invigorate the church's moral...Full Story
Union leads march in Rome calling for job creation
Union leads march in Rome calling for job creation
A union of Italian metal workers has led thousands of people in a march through the heart of Rome to press the new government for measures to spur job creation.Full Story
A union of Italian metal workers has led thousands of people in a march through the heart of Rome to press the new government for measures to spur job creation.Full Story
Politics, bribery charges swirl around Ugandan oil
Politics, bribery charges swirl around Ugandan oil
Even before the first drops flow, Uganda's oil sector is beset by bribery allegations against officials, tax-related cases abroad that cost the government millions in legal fees, and the alleged interference of...Full Story
Even before the first drops flow, Uganda's oil sector is beset by bribery allegations against officials, tax-related cases abroad that cost the government millions in legal fees, and the alleged interference of a...Full Story
Report: Yahoo nearing $1.1B acquisition of Tumblr
Report: Yahoo nearing $1.1B acquisition of Tumblr
Yahoo CEO Marissa Mayer is promising to unveil "something special" Monday in New York as she tries to attract more traffic and advertising to the Internet company.Full Story
Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she tries to attract more traffic and advertisers to the Internet company's website and mobile applications.Full Story
Caribbean talks conservation on Branson's island
Caribbean talks conservation on Branson's island
In a bid to safeguard biodiversity and the Caribbean's tourism-based economy, regional political leaders and corporate executives will gather Friday on billionaire Richard Branson's private island with the...Full Story
Surrounded by a turquoise sea and a menagerie of exotic animals on a billionaire's private island, political and business leaders gathered Friday to back an initiative aimed at expanding protection for the...Full Story
Energy Dept. backs Texas LNG export plan
Energy Dept. backs Texas LNG export plan
The Energy Department has given conditional approval to a Texas company that wants to export liquefied natural gas, the second LNG export project the Obama administration has approved as it faces a wave of export...Full Story
The Energy Department on Friday conditionally approved a Texas company's proposal to export liquefied natural gas, only the second such project allowed to move forward amid a production boom that has led to glut of...Full Story
Stocks rise on hopeful signs for the US economy
Stocks rise on hopeful signs for the US economy
Encouraging news about the U.S. economy helped push stock prices higher in early trading on Wall Street Friday.Full Story
Encouraging news about the U.S. economy extended the stock market's rally Friday.Full Story
CBO: Obama budget cuts deficits $1.1T by 2023
CBO: Obama budget cuts deficits $1.1T by 2023
Congress' nonpartisan budget analyst says President Barack Obama's budget would trim projected federal deficits by $1.1 trillion over the coming decade.Full Story
President Barack Obama's budget would trim projected federal deficits by $1.1 trillion over the coming decade, using nearly $6 in higher revenues for every $1 in reduced spending to achieve it, Congress' nonpartisan...Full Story
A year after IPO, Facebook aims to be ad colossus
A year after IPO, Facebook aims to be ad colossus
It was supposed to be our IPO, the people's public offering.Full Story
It was supposed to be our IPO, the people's public offering.Full Story
Pew survey questions Gen X, baby boomer savings
Pew survey questions Gen X, baby boomer savings
A research report by the Pew Charitable Trusts says younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, high levels of debt, and losses during the Great Recession.Full Story
A research report by the Pew Charitable Trusts says younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, high levels of debt, and losses during the Great Recession.Full Story
GM stock rises above $33 for first time in 2 years
GM stock rises above $33 for first time in 2 years
Shares of General Motors are trading above $33 for the first time in over two years.Full Story
Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time in more than two years.Full Story
Argentine dictator Videla dies in prison at age 87
Argentine dictator Videla dies in prison at age 87
Former Argentine dictator Jorge Rafael Videla has died of natural causes while serving life sentences in prison for crimes against humanity.Full Story
Former dictator Jorge Rafael Videla, who took power over Argentina in a 1976 coup and led a military junta that killed thousands of his fellow citizens in a dirty war to eliminate so-called "subversives," died quietly in his...Full Story
Cyprus drops limits on 8 more foreign banks
Cyprus drops limits on 8 more foreign banks
Cyprus has eliminated limits on money transfers and withdrawals for international clients of another eight foreign banks doing business in the debt-laden country.Full Story
Cyprus on Friday got rid of limits on money transfers and withdrawals for international clients of another eight foreign banks doing business in the debt-laden country.Full Story
On jobs trip, Obama tries to leave problems behind
On jobs trip, Obama tries to leave problems behind
President Barack Obama is leaving behind scandal-focused Washington to focus on the country's slowly improving jobs picture.Full Story
President Barack Obama tried on Friday to leave behind the political battles that have overshadowed his second-term agenda, saying lawmakers should work on creating more middle-class jobs in the slowly growing economy. "Our...Full Story
Mexico cuts growth outlook from 3.5 to 3.1 percent
Mexico cuts growth outlook from 3.5 to 3.1 percent
The Mexican government says it has cut its economic growth forecast for 2013 from 3.5 percent to 3.1 after exports stagnated and first-quarter GDP figures came in weak.Full Story
The Mexican government says it has cut its economic growth forecast for 2013 from 3.5 percent to 3.1 after exports stagnated and first-quarter GDP figures came in weak.Full Story
Brazil approves law to modernize ports
Brazil approves law to modernize ports
Brazil's Congress has approved legislation aimed at modernizing and expanding the country's overcrowded ports and attracting private investments in the sector.Full Story
Brazil plans to modernize and expand its overcrowded ports, attract private investments to the sector and make it easier for companies to hire skilled foreign workers, in a bid to spur economic growth,Full Story
Syrian hackers compromise FT blog, Twitter feeds
Syrian hackers compromise FT blog, Twitter feeds
The Financial Times says that several of its blogs and Twitter feeds have been compromised by hackers. The Syrian Electronic Army, a pro-government group which has repeatedly attacked Western media organizations, has...Full Story
A clutch of Twitter accounts and a blog maintained by the Financial Times were hacked Friday, the latest in a series of cyberattacks claimed by the Syrian Electronic Army, a pro-government group which has regularly targeted...Full Story
Glance: Europe's Key Institutions
Glance: Europe's Key Institutions
By The Associated Press Following the chaotic bailout of Cyprus, top European Union officials are saying it's time to rethink how the region manages its crisis - and who should be involved.Full Story
By The Associated Press Following the chaotic bailout of Cyprus, top European Union officials are saying it's time to rethink how the region manages its crisis - and who should be involved.Full Story
Correction: Drunken Driving-Zero Deaths story
Correction: Drunken Driving-Zero Deaths story
Drunken driving claims the lives of more than a third of the people killed each year on U.S highways, a level of carnage that that has remained stubbornly consistent for the past decade and a half.Full Story
In a story May 17 about a National Transportation Safety Board recommendation on a blood alcohol threshold for drivers, The Associated Press incorrectly reported the definition of a drink. The standard definition of a drink...Full Story
Retirement tests if Beckham built lasting brand
Retirement tests if Beckham built lasting brand
David Beckham's pecs are at least as much a part of his brand as his kick; his brand of shoes ultimately more lucrative than the game he's giving up. Listed as the world's highest-earning athlete for...Full Story
David Beckham's pecs are at least as much a part of his brand as his kick; his brand of shoes ultimately more lucrative than the game he's giving up. Listed as the world's highest-earning athlete for 2013,...Full Story
Greece faces slow, jobless recovery next year
Greece faces slow, jobless recovery next year
Greece's international lenders say the country's six-year recession is still likely to end in 2014, but unemployment will remain above 20 percent for another three years.Full Story
Greece's deep, six-year recession is likely to end in 2014, but growth will be weak and unemployment will remain above 20 percent for another three years, the country's international debt inspectors said.Full Story
Italian Cabinet passes first economic measures
Italian Cabinet passes first economic measures
Italy's new cross-party government has adopted its first measures to help the economy. They include suspending a tax on primary residences and allocating funds to extend a short-term layoff scheme.Full Story
Italy's new cross-party government has adopted its first measures to help the economy. They include suspending a tax on primary residences and allocating funds to extend a short-term layoff scheme.Full Story
Unemployment falls in 40 US states, rises in 3
Unemployment falls in 40 US states, rises in 3
Solid hiring helped push down unemployment rates in 40 U.S. states last month, the most since November. The declines show job markets are improving in most areas of the country.Full Story
Solid hiring helped lower unemployment rates in 40 U.S. states last month, the most since November. The declines show the job market is improving throughout most of the country.Full Story
Bloomberg appoints ex-IBM CEO as privacy adviser
Bloomberg appoints ex-IBM CEO as privacy adviser
Bloomberg LP, the financial news and information service, says it's appointing Samuel Palmisano, the former CEO of IBM, as an independent advisor on its privacy and data standards.Full Story
Bloomberg LP, the financial news and information service, on Friday said it has appointed Samuel Palmisano, the former CEO of IBM, as an independent adviser on its privacy and data standards.Full Story
Fitch downgrades Slovenia amid banking concerns
Fitch downgrades Slovenia amid banking concerns
Fitch Ratings agency has downgraded Slovenia's credit grade by one notch, citing a weak economic outlook and a frail banking system.Full Story
Fitch Ratings agency has downgraded Slovenia's credit grade by one notch, citing a weak economic outlook and a frail banking system.Full Story
World stocks strong into the weekend
World stocks strong into the weekend
Asian stock markets were mixed in holiday-thinned trading Friday as investors digested a slew of disappointing economic data and corporate results from the U.S.Full Story
World stock markets rose steadily on Friday after two key indicators suggested the U.S. economic expansion will continue.Full Story
Gauge of US economy's future health up in April
Gauge of US economy's future health up in April
A measure of the U.S. economy's future health rose in solidly in April, buoyed by a sharp rise in applications to build new homes and apartments.Full Story
A measure of the U.S. economy's future health rose solidly in April, buoyed by a sharp rise in applications to build homes and a better job market.Full Story
Rising consumer demands aids organic industry sway
Rising consumer demands aids organic industry sway
The organic food industry is gaining clout on Capitol Hill, prompted by rising consumer demand and its entry into traditional farm states. But that isn't going over well with everyone in Congress.Full Story
The organic food industry is gaining influence on Capitol Hill, prompted by its entry into traditional farm states and by increasing consumer demand.Full Story
Top officials call to overhaul euro institutions
Top officials call to overhaul euro institutions
Engineering a financial bailout for Cyprus in March was such a chaotic process that top European officials say it is time to rethink how the region manages its crisis - and who should be involved.Full Story
Engineering a financial bailout for Cyprus in March was such a chaotic process that top European officials say it is time to rethink how the region manages its crisis - and who should be involved.Full Story
Tableau Software soars in trading debut
Tableau Software soars in trading debut
Tableau Software shares soared in their trading debut Friday after the company and some of its investors raised about $254.2 million in its initial public offering.Full Story
Tableau Software shares soared in their trading debut Friday after the company and some of its investors raised about $254.2 million in its initial public offering.Full Story
EU to ban reusable olive oil bottles in eateries
EU to ban reusable olive oil bottles in eateries
The European Union wants to ban the refillable olive oil bottles that sit on so many restaurant tables across the continent.Full Story
The small glass bottle filled, and refilled, with golden olive oil has long been a staple on many restaurant tables across Europe. Now, the European Union is going to ban it.Full Story
Hints of political change on horizon in Algeria
Hints of political change on horizon in Algeria
The Arab Spring may finally be en route to Algeria.Full Story
The Arab Spring may finally be en route to Algeria.Full Story
IMF says Cyprus at risk of even deeper recession
IMF says Cyprus at risk of even deeper recession
The International Monetary Fund says serious economic risks remain for Cyprus even after a big international bailout.Full Story
The International Monetary Fund said Friday that substantial risks still loom for the Cypriot economy even after a multi-billion dollar international bailout aimed at averting a debt default.Full Story
Stocks edge higher in early trading on Wall Street
Stocks edge higher in early trading on Wall Street
Stocks are slightly higher in early trading on Wall Street, even as several big retailers slumped after reporting disappointing earnings.Full Story
Stocks are slightly higher in early trading on Wall Street, even as several big retailers slumped after reporting disappointing earnings.Full Story
Czech, US cooperate in developing new reactors
Czech, US cooperate in developing new reactors
The United States says it has completed a transfer of 75 kilograms (165 pounds) of salt coolant material to the Czech Republic as part of cooperation between the two countries in developing new nuclear reactors.Full Story
The United States says it has completed a transfer of 75 kilograms (165 pounds) of salt coolant material to the Czech Republic as part of cooperation between the two countries in developing new nuclear reactors.Full Story
4-month strike at PSA Peugeot Citroen plant ends
4-month strike at PSA Peugeot Citroen plant ends
A four-month strike at a car factory north of Paris has come to an end, although the workers say they will still fight a plan to close the plant.Full Story
A four-month strike at a car factory north of Paris has come to an end, although the workers say they will still fight a plan to close the plant.Full Story
Oil gains to near $96 as investors eye US economy
Oil gains to near $96 as investors eye US economy
The price of oil fell below $95 per barrel Friday after new signs of a choppy economic recovery in the U.S.Full Story
By PABLO GORONDI Associated Press The price of oil rose to near $96 a barrel on Friday ahead of the release of Conference Board's index of leading indicators for the U.S. economy.Full Story
Futures rebound ahead of Conference Board report
Futures rebound ahead of Conference Board report
U.S. stock futures are rising with markets headed for a positive week overall, as investors shrug off some unsettling reports from retailers this week.Full Story
U.S. stock futures are rising with markets headed for a positive week overall, as investors shrug off some unsettling reports from retailers this week.Full Story
European car sales up for first time since 2011
European car sales up for first time since 2011
The European auto industry may be showing the first signs of a slowdown in its sales free-fall, according to data from the European automaker's association.Full Story
The European auto industry may be showing the first signs of a slowdown in its sales free-fall, according to data from the European automaker's association.Full Story
Indian circuses struggle to adapt after court bans
Indian circuses struggle to adapt after court bans
In the early morning heat and dust, daily practice at the Rambo Circus is in full swing. A trapeze creaks as two performers perfect their throws. A Colombian daredevil shouts to his colleagues scrambling atop a giant...Full Story
In the early morning heat and dust, daily practice at the Rambo Circus is in full swing. A trapeze creaks as two performers perfect their throws. A Colombian daredevil shouts to his colleagues scrambling atop a giant set of...Full Story
Syria ex-minister leads rebuilding plan
Syria ex-minister leads rebuilding plan
A six-member U.N. team led by a former Syrian planning minister is drawing up a comprehensive postwar reconstruction plan even as the country's civil war rages on with no apparent end in sight.Full Story
A six-member U.N. team led by a former Syrian planning minister is drawing up a comprehensive postwar reconstruction plan even as the country's civil war rages on with no apparent end in sight.Full Story
Google challenger in Vietnam redirecting queries
Google challenger in Vietnam redirecting queries
A Russian-financed search engine in Vietnam is redirecting queries for some politically sensitive terms to Google, apparently as a way of avoiding government anger or legal liability for sending surfers to sites...Full Story
A Russian-financed search engine seeking to challenge Google's dominance in Vietnam is redirecting queries for some politically sensitive terms to the American company's search engine, apparently as a way of avoiding...Full Story
Asia stocks mixed as holidays thin trade
Asia stocks mixed as holidays thin trade
Asian stock markets were mixed Thursday following dour European economic data that dampened hopes of a recovery there anytime soon. However, losses were limited by another record session on Wall Street.Full Story
Asian stock markets were mixed in holiday-thinned trading Friday as investors digested a slew of disappointing economic data and corporate results from the U.S.Full Story
House bill protects homeland security budget
House bill protects homeland security budget
House Republicans have moved to protect the Department of Homeland Security from the big cuts facing other domestic agencies under the party's slashing budget plan.Full Story
A Republican-controlled House panel moved Thursday to protect the Department of Homeland Security from the big cuts facing other domestic agencies under the party's budget slashing plan.Full Story
Wal-Mart's 1Q profit, sales disappoint
Wal-Mart's 1Q profit, sales disappoint
Wal-Mart Stores Inc. is reporting a slim 1.1 percent increase in first-quarter profit as the world's largest retailer struggled with a sales slump in its namesake business.Full Story
The first few months of the year were tough for Wal-Mart Stores Inc.Full Story
J.C. Penney posts bigger 1Q loss than expected
J.C. Penney posts bigger 1Q loss than expected
J.C. Penney Co. is reporting a first-quarter big loss on a 16 percent revenue plunge as the chain continues to reel from the turnaround plan implemented by its former CEO Ron Johnson, who was ousted last month.Full Story
The legacy of J.C. Penney's former CEO is being felt at the department-store chain.Full Story
Interior issues new drilling rule on public land
Interior issues new drilling rule on public land
The Obama administration is proposing a rule that would require companies that drill for oil and natural gas on federal lands to publicly disclose chemicals used in hydraulic fracturing operations. The new "fracking"...Full Story
Companies that drill for oil and natural gas on federal lands will be required to disclose publicly the chemicals used in hydraulic fracturing operations, the Obama administration said Thursday. The new "fracking" rule...Full Story
Dell's dismal 1Q illuminates PC maker's challenges
Dell's dismal 1Q illuminates PC maker's challenges
Dell's first-quarter earnings plunged 79 percent as the shift to smartphones and tablets reduced demand for the company's personal computers.Full Story
Dell's financial decay worsened during its latest quarter as the company slashed its personal computer prices in response to the growing popularity of smartphones and tablets.Full Story
Ticketmaster settles rewards lawsuit for $23M
Ticketmaster settles rewards lawsuit for $23M
Ticketmaster has agreed to settle claims for up to $23 million over a lawsuit affecting more than a million people who, after buying a ticket online, were enrolled in a rewards program that cost $9 a month but never...Full Story
Ticketmaster has agreed to settle claims for up to $23 million over a lawsuit affecting more than a million people who, after buying a ticket online, were enrolled in a rewards program that cost $9 a month but never gave...Full Story
A late fade on Wall Street; Wal-Mart, Disney slump
A late fade on Wall Street; Wal-Mart, Disney slump
Wal-Mart led the Dow Jones industrial average lower early Thursday after the world's largest retailer turned in weaker sales and a dim forecast for profits.Full Story
Signs of a slowing economy combined with comments from a Federal Reserve official helped pull the stock market down Thursday.Full Story
US rate on 30-year mortgage rises to 3.51 pct.
US rate on 30-year mortgage rises to 3.51 pct.
Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows. Cheaper mortgages have helped the economy by spurring more home-buying and refinancing.Full Story
Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows. Cheaper mortgages have helped the economy by spurring more home-buying and refinancing.Full Story
CFTC adopts weakened rule on derivatives trading
CFTC adopts weakened rule on derivatives trading
A rule intended to loosen the largest U.S. banks' control over the trading of complex investments and help safeguard the financial system was weakened Thursday by regulators.Full Story
A rule intended to loosen the largest U.S. banks' control over the trading of complex investments and help safeguard the financial system was weakened Thursday by regulators.Full Story
Second court invalidates Obama recess appointment
Second court invalidates Obama recess appointment
A second federal appeals court has ruled that President Barack Obama exceeded his power in making a recess appointment to the National Labor Relations Board.Full Story
A second federal appeals court has found that President Barack Obama exceeded his power when he bypassed the Senate to install a member to the National Labor Relations Board.Full Story
Canada PM on pipeline plan: Oil to come anyway
Canada PM on pipeline plan: Oil to come anyway
Canada's prime minister said Thursday that a controversial oil pipeline from his country to the U.S. Gulf Coast "absolutely needs to go ahead" and warned that the oil will be transported through America one way...Full Story
A controversial oil pipeline to the U.S. Gulf Coast "absolutely needs to go ahead," Canada's prime minister said Thursday, and he warned that the oil will be transported through America one way or another.Full Story
Venezuelans scrambling to find scarce toilet paper
Venezuelans scrambling to find scarce toilet paper
First milk, butter, coffee and cornmeal ran short. Now Venezuela is running out of the most basic of necessities - toilet paper.Full Story
Venezuelans scrambled to stock up on toilet paper Thursday as fears of a bathroom emergency spread despite the socialist government's promise to import 50 million rolls.Full Story
Only 2 of 13 small SUVs do well in crash tests
Only 2 of 13 small SUVs do well in crash tests
Only two of 13 small SUVs are getting passing grades in front-end crash tests done by an insurance industry group.Full Story
Only two of 13 small SUVs performed well in front-end crash tests done by an insurance industry group, with several popular models faring poorly in the evaluations.Full Story
A late fade on Wall Street; Wal-Mart, Disney slump
A late fade on Wall Street; Wal-Mart, Disney slump
Weak sales from Wal-Mart and discouraging economic reports resulted in a down day on the stock market.Full Story
Weak sales from Wal-Mart and discouraging economic reports resulted in a down day on the stock market.Full Story
Senate confirms physicist Moniz as energy chief
Senate confirms physicist Moniz as energy chief
The Senate has begun debate on President Barack Obama's nomination of physicist Ernest Moniz to lead the Energy Department.Full Story
Physicist Ernest Moniz won unanimous Senate confirmation Thursday to be the nation's new energy secretary.Full Story
Puerto Rico faces lowest coffee production ever
Puerto Rico faces lowest coffee production ever
Coffee production in Puerto Rico has hit the lowest level ever in the island's history, leaving farmers and government officials worried about how to revive a once burgeoning industry amid a deep economic crisis.Full Story
Coffee production in Puerto Rico has hit the lowest level ever in the island's history, leaving farmers and government officials worried about how to revive a once burgeoning industry amid a deep economic crisis.Full Story
Airlines losses narrowed in 1Q to $552 million
Airlines losses narrowed in 1Q to $552 million
U.S. airlines say they improved their financial performance in the first quarter, although they still lost money in what is traditionally the year's toughest travel period.Full Story
U.S. airlines charged more in fares and fees and reduced debt as they improved their financial performance in the first quarter.Full Story
Oil reverses early losses, tops $95 a barrel
Oil reverses early losses, tops $95 a barrel
Oil followed a familiar pattern Thursday, moving higher despite some less-than-stellar economic reports.Full Story
Oil followed a familiar pattern Thursday, moving higher despite some less-than-stellar economic reports.Full Story
Puerto Rico faces lowest coffee production ever
Puerto Rico faces lowest coffee production ever
Coffee production in Puerto Rico has hit the lowest level ever in the island's history, leaving farmers and government officials worried about how to revive a once burgeoning industry.Full Story
Coffee production in Puerto Rico has hit the lowest level ever in the island's history, leaving farmers and government officials worried about how to revive a once burgeoning industry.Full Story
Turkish PM talks Syria with Obama at White House
Turkish PM talks Syria with Obama at White House
President Barack Obama says the U.S. and Turkey will keep ramping up pressure to oust Syrian President Bashar Assad from power.Full Story
President Barack Obama said Thursday that the U.S. and Turkey will keep ramping up pressure to oust Syrian President Bashar Assad from power, but there's "no magic formula" to stop his violence.Full Story
Senate panel considers labor board nominees
Senate panel considers labor board nominees
The Obama administration wants quick confirmation of five nominees to fill seats on the National Labor Relations Board, which has been mired for months in a controversy over recess appointments.Full Story
Senate Republicans said Thursday they would not support five nominees to the National Labor Relations Board, raising the possibility the troubled agency could be rendered mostly inoperable later this year.Full Story
Sector Snap: Makers of computer networking gear
Sector Snap: Makers of computer networking gear
Investors snapped up the stocks of companies that make computer networking gear Thursday after industry leader Cisco Systems Inc.'s latest quarterly earnings raised hope that business is picking up after a long...Full Story
Investors snapped up the stocks of companies that make computer networking gear Thursday after industry leader Cisco Systems Inc.'s latest quarterly earnings raised hope that business is picking up after a long stretch...Full Story
Deep divide in Congress over domestic food aid
Deep divide in Congress over domestic food aid
The House and Senate Agriculture Committees have laid the groundwork this week for reducing the size of the federal food stamp program, approving farm bills that would shrink the food aid and alter the way people...Full Story
The House and Senate Agriculture Committees laid the groundwork this week for reducing the size of the federal food stamp program, approving farm bills that would shrink food aid and alter the way people qualify for it.Full Story
Merkel, Hollande at odds over Europe's way forward
Merkel, Hollande at odds over Europe's way forward
German Chancellor Angela Merkel said European countries must agree on how to generate sorely needed economic growth, and stressed it was important that France pursue reforms to become more competitive.Full Story
Germany and France recognize that their cooperation is key to overcoming Europe's persistent economic crisis, but comments Thursday by the leaders of the continent's No. 1 and 2 economies suggested they still have...Full Story
Trump goes to court to oppose Scotland wind farm
Trump goes to court to oppose Scotland wind farm
American tycoon Donald Trump is taking legal action to challenge the Scottish government's decision to approve an offshore wind farm near his luxury golf resort.Full Story
American tycoon Donald Trump is taking legal action to challenge the Scottish government's decision to approve an offshore wind farm near his luxury golf resort.Full Story
INFLUENCE GAME: Tech, labor spar on immigration
INFLUENCE GAME: Tech, labor spar on immigration
To the U.S. technology industry, there's a dramatic shortfall in the number of Americans skilled in computer programming and engineering that is hampering business. To unions and some Democrats, it's more...Full Story
To the U.S. technology industry, there's a dramatic shortfall in the number of Americans skilled in computer programming and engineering that is hampering business. To unions and some Democrats, it's more sinister:...Full Story
Greek strikes halt air travel
Greek strikes halt air travel
Flights in Greece have been halted for four hours as the country's two largest labor unions staged work stoppages to protest austerity measures and the government decision to cancel a teachers' strike.Full Story
Flights in Greece were halted for four hours Thursday as the country's two largest labor unions staged work stoppages to protest austerity measures and a government decision to cancel a teachers' strike.Full Story
Global luxury goods sales slowing
Global luxury goods sales slowing
A study says global sales of luxury goods are off to a slow start in 2013 and aren't expected to match the double-digit growth of the last three years.Full Story
Global sales of luxury goods are off to a slow start in 2013 and aren't expected to match the double-digit growth of the last three years, consultancy Bain & Co. said in a study released Thursday.Full Story
Pope blasts "cult of money" that tyrannizes poor
Pope blasts "cult of money" that tyrannizes poor
Pope Francis has denounced the global financial system, blasting the "cult of money" that he says is tyrannizing the poor and turning humans into expendable consumer goods.Full Story
Pope Francis has denounced the global financial system, blasting the "cult of money" that he says is tyrannizing the poor and turning humans into expendable consumer goods.Full Story
Lawmakers accuse Google of dishonesty over taxes
Lawmakers accuse Google of dishonesty over taxes
A senior Google executive defended his company's complicated structure before Britain's Parliament, denying charges that it was misleading authorities to dodge paying tax.Full Story
U.K. lawmakers subjected search giant Google to blistering criticism Thursday, accusing the U.S. Internet company of playing games with Britain's tax rules to avoid paying what it owed.Full Story
Cisco leads the Dow higher after earnings beat
Cisco leads the Dow higher after earnings beat
Indexes are slightly higher at midday on Wall Street, pushing the stock market further into record territory.Full Story
Indexes are slightly higher at midday on Wall Street, pushing the stock market further into record territory.Full Story
Apple says App Store hit 50 billion downloads
Apple says App Store hit 50 billion downloads
Apple says its customers have downloaded more than 50 billon applications from its App Store since its launch in 2008.Full Story
Apple says its customers have downloaded more than 50 billon applications from its App Store since its launch in 2008.Full Story
RBS to cut another 1,400 retail bank jobs in UK
RBS to cut another 1,400 retail bank jobs in UK
Royal Bank of Scotland says it is cutting 1,400 jobs from its retail banking operations over the next two years.Full Story
Royal Bank of Scotland says it is cutting 1,400 jobs from its retail banking operations over the next two years.Full Story
UK officials: BP not seeking gov't help with spill
UK officials: BP not seeking gov't help with spill
BP is seeking to stop paying millions of dollars in what it calls spurious compensation claims stemming from the catastrophic 2010 oil spill in the Gulf of Mexico.Full Story
British government officials said Thursday that BP has not sought Prime Minister David Cameron's help in reducing compensation claims for its role in the disastrous 2010 oil spill in the Gulf of Mexico.Full Story
Weak open on Wall Street; Wal-Mart disappoints
Weak open on Wall Street; Wal-Mart disappoints
Stocks are opening slightly lower on Wall Street a day after the market hit its latest record high.Full Story
Stocks are opening slightly lower on Wall Street a day after the market hit its latest record high.Full Story
Argentina brokers 24 pct wage hikes for millions
Argentina brokers 24 pct wage hikes for millions
Two million Argentines will get wage hikes of 24 percent under a deal President Cristina Fernandez brokered with six allied labor unions.Full Story
Two million Argentines will get wage hikes of 24 percent under a deal President Cristina Fernandez brokered with six allied labor unions.Full Story
Senate panel backs Perez to head Labor Dept.
Senate panel backs Perez to head Labor Dept.
A Senate panel has endorsed the nomination of Justice Department official Thomas Perez to head the Labor Department despite opposition from Republicans.Full Story
A Senate panel has endorsed the nomination of Justice Department official Thomas Perez to head the Labor Department despite opposition from Republicans.Full Story
US consumer prices fall 0.4 pct. on cheaper gas
US consumer prices fall 0.4 pct. on cheaper gas
A sharp fall in the cost of gas drove a measure of U.S. consumer prices down last month by the most since December 2008. Outside the drop in fuel costs, prices were largely unchanged.Full Story
A plunge in the cost of gas drove down a measure of U.S. consumer prices last month by the most since December 2008. Excluding the drop in fuel costs, prices were largely unchanged.Full Story
US consumer prices fall 0.4 pct. on cheaper gas
US consumer prices fall 0.4 pct. on cheaper gas
A plunge in the cost of gas drove down a measure of U.S. consumer prices last month by the most since December 2008. Excluding the drop in fuel costs, prices were largely unchanged.Full Story
A plunge in the cost of gas drove down a measure of U.S. consumer prices last month by the most since December 2008. Excluding the drop in fuel costs, prices were largely unchanged.Full Story
US jobless claims jump to highest level in 6 weeks
US jobless claims jump to highest level in 6 weeks
The number of Americans seeking unemployment benefits rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. The jump came a week after applications had reached a five-year low.Full Story
The number of Americans seeking unemployment benefits rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. The jump came a week after applications had reached a five-year low.Full Story
US housing starts fell in April but permits surged
US housing starts fell in April but permits surged
U.S. builders broke ground on fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But most of the decline was in apartment construction, which tends to vary sharply from...Full Story
U.S. builders broke ground on fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But most of the decline was in apartment construction, which tends to vary sharply from month to...Full Story
Futures fluctuate on mixed signals from retail
Futures fluctuate on mixed signals from retail
U.S. stock futures are moving higher with retailers sending mixed signals about consumer spending.Full Story
U.S. stock futures fluctuated Thursday on a bevy of economic data that sent mixed signals about hiring, construction, jobs and the mindset of the American consumer.Full Story
US jobless claims jump to highest level in 6 weeks
US jobless claims jump to highest level in 6 weeks
The number of Americans seeking unemployment aid rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. The jump comes after applications fell to a five-year low.Full Story
The number of Americans seeking unemployment benefits rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. The jump came a week after applications had reached a five-year low.Full Story
US housing starts fell in April but permits surged
US housing starts fell in April but permits surged
U.S. builders broke ground on far fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But applications for new construction rose to a five-year peak, evidence that the...Full Story
U.S. builders broke ground on fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But most of the decline was in apartment construction, which tends to vary sharply from month to...Full Story
Cambodian shoe factory collapse kills 2, injures 7
Cambodian shoe factory collapse kills 2, injures 7
Part of a shoe factory in Cambodia collapsed while several dozen workers were inside the building early Thursday, and police say two bodies have been pulled out of the wreckage.Full Story
The ceiling of a Cambodian factory that makes Asics sneakers collapsed on workers early Thursday, killing two people and injuring seven, in the latest accident spotlighting the often lethal safety conditions faced by those...Full Story
Oil falls below $94 a barrel amid high supplies
Oil falls below $94 a barrel amid high supplies
The price of oil fell below $94 a barrel Thursday after a survey showed crude inventories on the increase.Full Story
By PABLO GORONDI Associated Press The price of oil slipped below $94 a barrel Thursday as traders digested discouraging economic data from the United States and Europe and U.S. oil supplies remained high.Full Story
Vietnam provider drops foreign news TV channels
Vietnam provider drops foreign news TV channels
At least one Vietnamese satellite TV company stopped airing international channels including BBC and CNN on Thursday, citing a law that foreign governments have warned would result in international news and...Full Story
A Vietnamese satellite TV company stopped airing international channels including BBC and CNN on Thursday, citing a law that foreign governments have warned would result in international news and entertainment channels...Full Story
UK campaign group loses challenge on tax deal
UK campaign group loses challenge on tax deal
A U.K. pressure group has lost its legal challenge to what it called a "sweetheart" tax deal between U.K. authorities and Goldman Sachs.Full Story
A U.K. pressure group Thursday lost its legal challenge to what it called a "sweetheart" tax deal between U.K. authorities and Goldman Sachs.Full Story
Japanese economy grew at 3.5 percent pace in 1Q
Japanese economy grew at 3.5 percent pace in 1Q
Japan's economy saw a stronger than expected recovery last quarter, growing at a 3.5 percent annual pace as the government stepped up public works spending and eased credit to encourage investment.Full Story
Japan's economy grew by a stronger-than-expected 3.5 percent in annual terms last quarter, giving Prime Minister Shinzo Abe a boost as his government tackles reforms needed to ensure a sustained recovery from two decades...Full Story
Polish exports of meat for Jews, Muslims in limbo
Polish exports of meat for Jews, Muslims in limbo
For some, it was a barbaric way to treat animals. For others, it was great business.Full Story
For some, it was a barbaric way to treat animals. For others, it was great business.Full Story
New Zealand's top court takes Kim Dotcom appeal
New Zealand's top court takes Kim Dotcom appeal
New Zealand's highest court has agreed to hear an appeal by Megaupload founder Kim Dotcom and three colleagues as they seek to avoid extradition to the United States.Full Story
New Zealand's highest court ruled Thursday that it will hear an appeal by Megaupload founder Kim Dotcom and three colleagues as they seek to avoid extradition to the United States.Full Story
Slower Chinese growth adds to pressure on leaders
Slower Chinese growth adds to pressure on leaders
Global economic malaise has knocked the stuffing out of Luo Yan's business making toy animals.Full Story
Global economic malaise has knocked the stuffing out of Luo Yan's business making toy animals.Full Story
House panel OKs farm bill with food stamp cuts
House panel OKs farm bill with food stamp cuts
The House Agriculture Committee is set to consider small cuts to the $80 billion-a-year food stamp program in an effort to appease conservatives who say the food aid has become too expensive.Full Story
The House Agriculture Committee on Wednesday approved a sweeping farm bill that would trim the $80 billion-a-year food stamp program.Full Story
New Zealand to sell stake in 2nd power company
New Zealand to sell stake in 2nd power company
New Zealand will sell a minority stake in a second power company this year as part of a plan to balance its books.Full Story
New Zealand will sell a minority stake in a second power company this year as part of a plan to balance its books.Full Story
Asia stocks mixed as Wall St. ignores euro gloom
Asia stocks mixed as Wall St. ignores euro gloom
Enthusiasm on Wall Street sparked by another positive report on the U.S. economy helped push most Asian stock markets higher Wednesday.Full Story
Asian stock markets were mixed Thursday following dour European economic data that dampened hopes of a recovery there anytime soon. However, losses were limited by another record session on Wall Street.Full Story
Google's products dig deeper into people's lives
Google's products dig deeper into people's lives
Google is expected to use its annual software developers' conference to showcase the latest mobile devices running on its Android software, while also unveiling other features in its evolving product line-up.Full Story
For Google CEO Larry Page, happiness is a warm computer.Full Story
Trade group slams safety pact for Bangladesh
Trade group slams safety pact for Bangladesh
The largest U.S. retail-industry group on Wednesday criticized an international pact aimed at improving factory conditions in Bangladesh's garment industry, saying it was a "one-size-fits-all" approach promoted...Full Story
The largest U.S. retail-industry group on Wednesday criticized an international pact aimed at improving factory conditions in Bangladesh's garment industry, saying it was a "one-size-fits-all" approach promoted by...Full Story
JPMorgan asks Bloomberg for privacy breach data
JPMorgan asks Bloomberg for privacy breach data
Lawyers for JPMorgan Chase & Co. are asking financial news and data company Bloomberg LP to turn over any records it has of reporters looking up the log-in and usage data of JPMorgan employees since 2008, as it...Full Story
Lawyers for JPMorgan Chase & Co. are asking financial news and data company Bloomberg LP to turn over any records it has of reporters looking up the log-in and usage data of JPMorgan employees.Full Story
IRS commissioner ousted over tea party targeting
IRS commissioner ousted over tea party targeting
The Justice Department is opening a criminal investigation of the Internal Revenue Service just as another probe concludes that lax management enabled agents to improperly target tea party groups for extra scrutiny...Full Story
Hurrying to check a growing controversy, President Barack Obama ousted the acting commissioner of the Internal Revenue Service late Wednesday amid an outcry over revelations that the agency had improperly targeted tea party...Full Story
Google unveils maps, photo, music features
Google unveils maps, photo, music features
Google's sixth annual conference for software developers opens Wednesday with a chance for the company to showcase the latest mobile devices running its Android software, while also unveiling other features in...Full Story
Google's sixth annual conference for software developers opened Wednesday with a chance for the company to showcase its latest services. Announcements included new features for online games, maps and search, a new...Full Story
Google boosts photo offerings to rival Facebook
Google boosts photo offerings to rival Facebook
Google is digging deeper into its technology toolkit to turn its social networking service into a more formidable threat to Facebook, sprucing up its photo features at a time when sharing snapshots online and on...Full Story
Google is digging deeper into its technology toolkit to turn its social networking service into a more formidable threat to Facebook, sprucing up its photo features at a time when sharing snapshots online and on mobile...Full Story
Obama: IRS acting commissioner being ousted
Obama: IRS acting commissioner being ousted
The White House says President Barack Obama will meet with Treasury officials Wednesday to discuss the Internal Revenue Service's targeting of conservative groups for special review. White House press secretary...Full Story
President Barack Obama on Wednesday announced the ouster of the top official at the Internal Revenue Service following disclosures that the agency targeted conservative political groups.Full Story
Donald Trump completes testimony in Chicago trial
Donald Trump completes testimony in Chicago trial
A Chicago federal judge is scolding Donald Trump and an attorney questioning the developer-turned-TV personality to stop their verbal "boxing match."Full Story
A scowling Donald Trump raised his voice on the witness stand Wednesday while an attorney grilled him and then rolled his eyes at the "Apprentice" star's answers, prompting a federal judge to scold both men in open court...Full Story
Macy's 1Q profit rises 20 pct on solid sales
Macy's 1Q profit rises 20 pct on solid sales
Macy's Inc. is reporting a 20 percent increase in first-quarter profit as the department store chain saw solid sales despite cool temperatures that dampened shoppers' appetite for spring clothes.Full Story
Macy's Inc. reported a 20 percent increase in first-quarter profit even though cool temperatures and economic worries dampened some of its shoppers' spending on spring clothes.Full Story
Deere cuts 2013 sales growth guidance
Deere cuts 2013 sales growth guidance
Deere & Co. says its second-quarter net income rose almost 3 percent as it raised prices and the farm economy continued to be strong.Full Story
Deere & Co. said on Wednesday that bad weather and weak economies will hinder sales growth this year for lawnmowers and construction equipment.Full Story
Stocks climb as traders shrug off economic reports
Stocks climb as traders shrug off economic reports
A report of slowing manufacturing is getting the stock market off to weak start Wednesday.Full Story
Investors nudged the stock market to all-time highs Wednesday despite a handful of disappointing economic reports.Full Story
Google's music plan part of fresh wave of upgrades
Google's music plan part of fresh wave of upgrades
Google is unveiling a streaming music service called All Access that blends songs users have already uploaded to their online libraries with millions of other tracks for a $10 monthly fee.Full Story
Google Inc. unveiled a streaming music service called All Access that blends songs users have already uploaded to their online libraries with millions of other tracks. Google made it available in the U.S. Wednesday for $8 a...Full Story
Protesters close Libyan oil terminal, halt exports
Protesters close Libyan oil terminal, halt exports
A Libyan oil ministry official says protesters have forced the closure of an oil terminal in the east of the country for the second time in six months, disrupting exports.Full Story
Protesters and disgruntled job seekers forced the closure of an eastern Libyan oil terminal on Wednesday for the second time in six months, disrupting exports, said an oil ministry official.Full Story
Cisco 3Q net income rises 14 percent
Cisco 3Q net income rises 14 percent
Cisco says its net income rose 14 percent in the latest quarter, and says it is seeing "some good signs" in the U.S. and other markets.Full Story
Cisco's net income jumped 14 percent in the latest quarter as revenue at all four of its divisions rose for the first time in a year and a half.Full Story
Family drama adds intrigue to Ill. governor's race
Family drama adds intrigue to Ill. governor's race
Politics has long been a family business in Illinois, a place where who you know - and who you're related to - matters more than most. But the family drama shaping up around the next governor's race adds a...Full Story
Politics has long been a family business in Illinois, a place where who you know - and who you're related to - matters more than most. But the family drama shaping up around the next governor's race adds a new layer...Full Story
Stock indexes shake off early slide, close higher
Stock indexes shake off early slide, close higher
The stock market is closing higher after shaking off a morning slump.Full Story
The stock market is closing higher after shaking off a morning slump.Full Story
House panel boosts veterans spending
House panel boosts veterans spending
With no broader budget deal in sight, a key House panel responsible for implementing sweeping cuts to agency budgets moved Wednesday to exempt veterans and largely protect spending on border safety and other...Full Story
With no broader budget deal in sight, a key House panel responsible for implementing sweeping cuts to agency budgets moved Wednesday to exempt veterans and largely protect spending on border safety and other homeland...Full Story
Longer US white majority if immigration slows
Longer US white majority if immigration slows
The government's official prediction is that white children will become a minority in 2018 and the overall white population in the U.S. will follow suit in 2043.Full Story
Without increased immigration, whites would lose their U.S. majority in 2046, three years beyond official projections, and the nation's population would not reach 400 million until after 2060, a decade or more later than...Full Story
Eurozone recession is now longest in currency bloc
Eurozone recession is now longest in currency bloc
Official figures show that the recession across the economy of the 17 European Union countries that use the euro has extended into a sixth quarter.Full Story
The eurozone is now in its longest ever recession - a stubborn slump that has surpassed even the calamity that hit the region in the financial crisis of 2008-2009.Full Story
Oil back above $94 a barrel after early loss
Oil back above $94 a barrel after early loss
The price of oil rose back above $94 Wednesday after dropping earlier on disappointing economic reports from Europe and the U.S.Full Story
The price of oil rose back above $94 Wednesday after dropping earlier on disappointing economic reports from Europe and the U.S.Full Story
Retiring boomers driving sales of small businesses
Retiring boomers driving sales of small businesses
Baby boomers preparing for retirement are driving a surge in small business sales, as they find more and more buyers confident enough in the improving economy to expand their own businesses through acquisitions.Full Story
Baby boomers preparing for retirement are driving a surge in small business sales, as they find more and more buyers confident enough in the improving economy to expand their own businesses through acquisitions.Full Story
Holder: Potential civil rights violations at IRS
Holder: Potential civil rights violations at IRS
Attorney General Eric Holder says the FBI's criminal investigation of the Internal Revenue Service could include potential civil rights violations, false statements and potential violations of the Hatch Act,...Full Story
Attorney General Eric Holder says the FBI's criminal investigation of the Internal Revenue Service could include potential civil rights violations, false statements and potential violations of the Hatch Act, which...Full Story
US factory output falls 0.4 percent in April
US factory output falls 0.4 percent in April
U.S. factories cut back sharply on production in April, as auto companies cranked out fewer cars and most other industries reduced output.Full Story
U.S. manufacturers cut back on production in April, as auto companies cranked out fewer cars, factories made fewer consumer goods and most other industries reduced output. The weakness suggests economic growth may be slowing.Full Story
Amnesty for undeclared dollars divides Argentina
Amnesty for undeclared dollars divides Argentina
A plan to get Argentines to pull their undeclared U.S. dollars from under their mattresses and out of illegal tax havens, and deposit them in the banking system is eliciting strong warnings that it will turn the...Full Story
A plan to get Argentines to pull their undeclared U.S. dollars from under their mattresses and out of illegal tax havens, and deposit them in the banking system is eliciting warnings that it will turn the country into a...Full Story
Foreign holdings of US Treasury debt up in March
Foreign holdings of US Treasury debt up in March
Foreign demand for U.S. Treasury securities rose to a record level in March even though China, the largest foreign holder of Treasury debt, reduced its holdings slightly. The overall increase indicated that foreign...Full Story
Foreign demand for U.S. Treasury securities rose to a record level in March, signaling further confidence in U.S. debt.Full Story
Eurozone's struggling economies mired in recession
Eurozone's struggling economies mired in recession
By The Associated Press The eurozone is stuck in recession - its longest since the euro was founded in 1999. The latest figures from the European Union's statistics office show that the economy...Full Story
By The Associated Press The eurozone is stuck in recession - its longest since the euro was founded in 1999. The latest figures from the European Union's statistics office show that the economy of the...Full Story
Bank of England sees 'modest, sustained' recovery
Bank of England sees 'modest, sustained' recovery
The Bank of England predicted a modest and sustained economic recovery for Britain on Wednesday, but tempered hope that the worst might be over with predictions that inflation will remain above its targets for the...Full Story
The Bank of England predicted a modest and sustained economic recovery for Britain on Wednesday, but tempered hope that the worst might be over with predictions that inflation will remain above its targets for the next two...Full Story
A look at EU investigation of oil price fixing
A look at EU investigation of oil price fixing
By PABLO GORONDI The Associated Press The European Union's executive arm, the Commission, on Tuesday said it had raided the offices of a number of oil industry companies for possible...Full Story
By PABLO GORONDI The Associated Press The European Union's executive arm, the Commission, on Tuesday said it had raided the offices of a number of oil industry companies for possible price-fixing.Full Story
Education woes seen as Achilles' heel of Brazil
Education woes seen as Achilles' heel of Brazil
There's a storage room just off a university lab that gives students more experience than many can handle: Skinned pigs and cats, disembodied cow livers, intestines, brains and the other unidentifiable detritus...Full Story
There's a storage room just off a university lab that gives students more experience than many can handle: Skinned pigs and cats, disembodied cow livers, intestines, brains and the other unidentifiable detritus of...Full Story
Stock indexes recover from a morning slide
Stock indexes recover from a morning slide
Stock prices are shaking off a morning slump and turning higher in midday trading on Wall Street.Full Story
Stock prices are shaking off a morning slump and turning higher in midday trading on Wall Street.Full Story
Russians attempt to topple Google in Vietnam
Russians attempt to topple Google in Vietnam
Vietnam's booming Internet scene is littered with failed startups that tried to take on Google and other entrenched U.S web companies. That's not deterring a newly launched Russian-Vietnamese outfit which...Full Story
Vietnam's booming Internet scene is littered with failed startups that tried to take on Google and other entrenched U.S web companies. That's not deterring a newly launched Russian-Vietnamese outfit which believes it...Full Story
Oil falls below $93 on Europe, US economic news
Oil falls below $93 on Europe, US economic news
The price of oil was nearly unchanged Wednesday as traders weighed a positive U.S. economic report against rising supplies of crude.Full Story
The price of oil fell below $93 on Wednesday after disappointing economic reports from Europe and the U.S.Full Story
US homebuilder confidence rises in May from April
US homebuilder confidence rises in May from April
By ALEX VEIGA AP Real Estate Writer Confidence among U.S. homebuilders rebounded this month, reflecting improved sales trends during the spring home-selling season and the strongest outlook for...Full Story
By ALEX VEIGA AP Real Estate Writer Confidence among U.S. homebuilders rebounded this month, reflecting improved sales trends during the spring home-selling season and the strongest outlook for sales over...Full Story
Oil falls below $93 on Europe, US economic news
Oil falls below $93 on Europe, US economic news
The price of oil fell below $93 on Wednesday after disappointing economic reports from Europe and the U.S.Full Story
The price of oil fell below $93 on Wednesday after disappointing economic reports from Europe and the U.S.Full Story
Japan OKs $906 billion budget to revive economy
Japan OKs $906 billion budget to revive economy
Japan's parliament has approved a record-high 92.6 trillion yen ($906.2 billion) budget for this fiscal year, raising military spending for the first time in 11 years and boosting public works outlays to help...Full Story
Japan's parliament has approved a record-high 92.6 trillion yen ($906.2 billion) budget for this fiscal year, raising military spending for the first time in 11 years and boosting public works outlays to help revive the...Full Story
HSBC to make up to $3 billion in new cuts
HSBC to make up to $3 billion in new cuts
HSBC has announced it is seeking a further $2 billion-$3 billion in cost savings as it continues to trim its global empire - a move analysts say could come at the cost of additional jobs.Full Story
HSBC has announced it is seeking a further $2 billion-$3 billion in cost savings as it continues to trim its global empire - a move analysts say could cost more jobs.Full Story
US wholesale prices fall 0.7 pct., most in 3 years
US wholesale prices fall 0.7 pct., most in 3 years
Sharp drops in fuel and food costs reduced a measure of wholesale prices last month by the most since February 2010, indicating inflation has slowed.Full Story
Sharp drops in fuel and food costs reduced a measure of U.S. wholesale prices in April by the most in three years. Outside those volatile categories, inflation stayed tame.Full Story
EU: China may be dumping mobile network equipment
EU: China may be dumping mobile network equipment
A senior EU official says China may be illegally dumping and subsidizing the import into Europe of mobile telephone networks and their essential elements. But Competition Commissioner Karel De Gucht says an...Full Story
A senior EU official says China may be illegally dumping and subsidizing the import into Europe of mobile telephone networks and their essential elements. But Competition Commissioner Karel De Gucht says an official...Full Story
US explores new ways to press Iran on nuke program
US explores new ways to press Iran on nuke program
The Obama administration is looking at new ways to pressure Iran over its nuclear program.Full Story
The Obama administration is looking at new ways to pressure Iran over its nuclear program.Full Story
Stock prices ease as manufacturing softens
Stock prices ease as manufacturing softens
A report of slowing manufacturing in the Northeastern U.S. is getting the stock market off to weak start.Full Story
A report of slowing manufacturing in the Northeastern U.S. is getting the stock market off to weak start.Full Story
Futures dip as France slips into recession
Futures dip as France slips into recession
Stock futures dipped with another European nation sinking into recession, even while a rebound for the U.S. economy continues.Full Story
Stock futures dipped Wednesday as another nation in Europe sank into recession and the economic contraction for the entire European Union stretched into its sixth straight quarter.Full Story
Swiss to crack down on business, sports bribery
Swiss to crack down on business, sports bribery
The Swiss government wants to broaden its anti-corruption laws to make bribery a criminal offense in almost all cases.Full Story
The Swiss government wants to broaden its anti-corruption laws to make bribery a criminal offense in almost all cases.Full Story
Steelmaker ThyssenKrupp to cut 3,000 office jobs
Steelmaker ThyssenKrupp to cut 3,000 office jobs
Steel and elevator maker ThyssenKrupp says it will cut 3,000 of its 15,000 office jobs over the next three years to streamline the company's administration.Full Story
Steel and elevator maker ThyssenKrupp says it will cut 3,000 of its 15,000 office jobs over the next three years to streamline the company's administration.Full Story
Allianz: Low rates to keep earnings under pressure
Allianz: Low rates to keep earnings under pressure
Low losses from natural disasters and higher prices in the key markets of Germany, Turkey and Latin America lifted profits at German insurance company Allianz SE during the first quarter.Full Story
Low losses from natural disasters and higher prices in the key markets of Germany, Turkey and Latin America lifted profits at German insurance company Allianz SE during the first quarter.Full Story
German economy returns to modest growth
German economy returns to modest growth
The German economy, Europe's biggest, returned to very modest growth in the first quarter and avoided a recession.Full Story
The German economy managed to avoid sinking into recession during an unusually cold first quarter, but only just, official figures showed Wednesday.Full Story
Projected lower deficit could slow any budget deal
Projected lower deficit could slow any budget deal
The good news is the budget deficit for the current year is projected to come in well below what was estimated just a few months ago. The bad news for deficit hawks is that the development could further curb the...Full Story
The good news is the budget deficit for the current year is projected to come in well below what was estimated just a few months ago. The bad news for deficit hawks is that the development could further curb the already...Full Story
Asia stocks up as US small business mood improves
Asia stocks up as US small business mood improves
Asian stock markets were mixed Tuesday in a lukewarm reaction to data showing that U.S. consumers revved up their retail spending last month.Full Story
Enthusiasm on Wall Street sparked by another positive report on the U.S. economy helped push most Asian stock markets higher Wednesday.Full Story
Donald Trump testifies at Chicago trial
Donald Trump testifies at Chicago trial
Donald Trump is known for grilling contestants on his TV show, "Celebrity Apprentice." But he'll be the one in hot seat Tuesday as he takes the stand at a civil trial in Chicago.Full Story
A sometimes prickly, sometimes boastful Donald Trump testified Tuesday at a civil trial where the developer-turned-TV personality is accused of using false promises to entice an 87-year-old investor into buying condos at his...Full Story
2013 deficit estimate lowered to $642 billion
2013 deficit estimate lowered to $642 billion
A new government estimate says the budget deficit for the current year will come in well below what was projected just a few months ago.Full Story
The budget deficit for the current year is projected to come in well below what was estimated just a few months ago, a development that could further curb the already slowing momentum for a budget pact this year.Full Story
Chains grapple with how to improve safety
Chains grapple with how to improve safety
Benetton has become the latest global retailer to agree to sign a one-of-kind pact to improve safety at Bangladesh factories following a building collapse that killed more than 1,100 workers in the country last month.Full Story
While several more global clothing chains on Tuesday were announcing that they agreed to a historic pact to improve factory conditions in Bangladesh, U.S. retailers were scrambling to come up with their own safety plans.Full Story
Stock market rises back into record territory
Stock market rises back into record territory
Stocks edged higher in early trading on Wall Street, led by gains for financial companies, putting markets back at record levels.Full Story
The stock market marched back into record territory Tuesday as investors seized on the latest encouraging news about the economy. This time, it was a report on the health of small businesses.Full Story
Jury sides with businessman in Vegas Sands lawsuit
Jury sides with businessman in Vegas Sands lawsuit
A jury has awarded a Hong Kong businessman a $70 million judgment against Las Vegas Sands Corp., the casino giant run by billionaire Sheldon Adelson.Full Story
A jury on Tuesday dealt another defeat to casino mogul and GOP mega-donor Sheldon Adelson in his nine-year fight with a Hong Kong businessman, awarding the former consultant $70 million for helping Las Vegas Sands Corp....Full Story
Google CEO discloses 'rare' vocal cord problem
Google CEO discloses 'rare' vocal cord problem
Google CEO Larry Page is finally disclosing the health problem that spooked investors last summer when he mysteriously lost his voice.Full Story
Google CEO Larry Page has disclosed a problem with his vocal cords that makes it difficult for him to speak and breathe occasionally, but he says he remains fit enough to keep running the Internet's most influential...Full Story
RIM unveils cheaper BlackBerry
RIM unveils cheaper BlackBerry
The CEO of BlackBerry maker Research in Motion has taken the stage to speak to a packed ballroom at the company's annual three-day conference in Orlando, Fla.Full Story
Research In Motion unveiled a lower-cost BlackBerry aimed at consumers in emerging markets on Tuesday, stepping up its efforts to regain market share lost to Apple's iPhone and Android devices powered by Google's...Full Story
Hedge fund boss Loeb lobbies for breakup of Sony
Hedge fund boss Loeb lobbies for breakup of Sony
A U.S. hedge fund has proposed that Sony Corp. sell up to 20 percent of its entertainment business and use the money to strengthen its ailing electronics unit.Full Story
The U.S. hedge fund manager renowned for shaking up Yahoo Inc. has set his sights on Sony Corp., proposing that the Japanese electronics giant spin off up to 20 percent of its movie, TV and music division and use the money...Full Story
Senate panel approves massive farm bill
Senate panel approves massive farm bill
There's still a little something for everyone in massive farm bills that Congress is considering this week, even though the legislation would cut billions of dollars from federal farm and food subsidies.Full Story
The Senate Agriculture Committee on Tuesday approved a massive five-year farm bill that would cut spending while also creating new subsidies for farmers.Full Story
Indexes close higher, led by small-company stocks
Indexes close higher, led by small-company stocks
The stock market is back in record territory after an upturn in small-company stocks.Full Story
The stock market is back in record territory after an upturn in small-company stocks.Full Story
Kobe Bryant auction dispute headed for June trial
Kobe Bryant auction dispute headed for June trial
Lawyers for Kobe Bryant and an auction house are scheduled to make arguments before a federal judge in New Jersey about whether mementos from Bryant can be sold.Full Story
Kobe Bryant and an auction house that wants to sell memorabilia from his high school days and early pro career are heading for a trial next month, unless they can work out a deal before then.Full Story
TV-over-Internet service hits Atlanta next month
TV-over-Internet service hits Atlanta next month
Aereo, the startup that offers television stations over the Internet starting at $8 a month, says it will start service in Atlanta on June 17.Full Story
Aereo, the startup that offers live television broadcasts over the Internet starting at $8 a month, said it will start service in the Atlanta market on June 17, following an expansion to Boston on Wednesday.Full Story
Oil slides as IEA sees US output rising
Oil slides as IEA sees US output rising
The price of oil slid by nearly $1 a barrel Tuesday as the International Energy Agency raised its forecast for U.S. oil production while cutting its prediction for global crude demand.Full Story
The price of oil slid by nearly $1 a barrel Tuesday as the International Energy Agency raised its forecast for U.S. oil production while cutting its prediction for global crude demand.Full Story
Idaho spud giant bets on biotech potatoes
Idaho spud giant bets on biotech potatoes
A dozen years after a customer revolt forced Monsanto to ditch its genetically engineered potato, an Idaho company aims to resurrect high-tech spuds.Full Story
A dozen years after a customer revolt forced Monsanto to ditch its genetically engineered potato, an Idaho company aims to resurrect high-tech spuds.Full Story
Fitch upgrades Greece's credit rating
Fitch upgrades Greece's credit rating
Greece saw the interest rate it has to pay to get investors to lend it money fall further Tuesday, a day after its European creditors backed the release of the country's next batch of rescue loans.Full Story
Debt-hobbled Greece got a new morale boost Tuesday, with Fitch ratings agency upgrading its sovereign credit grade, a day after the country's European creditors backed the release of a new rescue loan payment.Full Story
EU probes oil companies for possible price-fixing
EU probes oil companies for possible price-fixing
Statoil says that European antitrust officials have inspected its head office on suspicion of the Norwegian oil company's participation in anti-competitive practices.Full Story
European anti-trust authorities have launched investigations into at least three oil companies on suspicion of price-fixing.Full Story
Atty Gen orders probe into IRS targeting groups
Atty Gen orders probe into IRS targeting groups
Attorney General Eric Holder says he's ordered a Justice Department investigation into the Internal Revenue Service's targeting of conservative groups for extra tax scrutiny.Full Story
Attorney General Eric Holder says he's ordered a Justice Department investigation into the Internal Revenue Service's targeting of conservative groups for extra tax scrutiny.Full Story

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