News  /  Biz  / 


DJIA 19216.24 +45.82
Nasdaq 5308.89 +53.24
S&P 500 2204.71 +12.76

Most Recent

Live on TV: Samsung heir grilled by South Korean lawmakers

Youkyung Lee, Associated Press  |  Posted  Dec 5th - 10:00pm

It's a rare moment of public reckoning for South Korea's most powerful business leaders and possibly the worst day for Samsung's billionaire heir, courtesy of the country's biggest political scandal in years.

Indians look for solutions only when toxic pollution soars

Muneeza Naqvi, Associated Press  |  Posted  Dec 5th - 10:00pm

The truth of New Delhi's toxic air finally hit home for Rakhi Singh when her 3-year-old son began to cough constantly early this year. She bought air purifiers for her home. When a thick, gray haze turned the view outside her home into a scene from a bad science fiction film last month, she bought pollution masks.

China appeals to US to stop disrupting acquisitions

The Associated Press  |  Posted  Dec 5th - 9:11pm

China has urged Washington to stop disrupting its foreign corporate acquisitions after President Barack Obama blocked the purchase of a German maker of semiconductor manufacturing equipment as a security risk.

UN says dairy a potential ally in Asia nutrition challenges

Dake Kang, Associated Press  |  Posted  Dec 5th - 9:00pm

An apple a day kept the doctor away — but now in Asia, a cup of milk might do the trick.

Rolling Stone challenges verdict in UVa defamation case

Alanna Durkin Richer, Associated Press  |  Posted  Dec 5th - 8:41pm

Rolling Stone magazine urged a federal judge on Monday to overturn the verdict of a jury, which found that the publication and a reporter defamed a University of Virginia administrator with their botched story about a gang rape on campus.

11 trapped in China's latest coal mine accident

The Associated Press  |  Posted  Dec 5th - 8:32pm

A gas explosion has trapped 11 Chinese coal miners underground, in the latest in a string of deadly accidents striking the industry after 53 miners were killed in two similar blasts last week.

Asian stocks climb on strong Dow close, US service report

Kelvin Chan, Associated Press  |  Posted  Dec 5th - 8:12pm

Asian stocks rose Tuesday following another record day on Wall Street as investor optimism bounced back quickly after the Italian referendum.

Mexico awards first deep-water oil agreement

The Associated Press  |  Posted  Dec 5th - 7:53pm

Mexico's state-owned oil company Pemex said Monday that it has awarded its first contract with a private firm for a joint operating agreement in deep-water oil drilling.

By accident or design, Trump signals tougher China policy

Julie Pace and Matthew Pennington, Associated Press  |  Posted  Dec 5th - 7:50pm

Whether by accident or design, President-elect Donald Trump is signaling a tougher American policy toward China, sparking warnings from both the outgoing Obama administration and Beijing.

Correction: Oil Pipeline-Protest-The Latest story

The Associated Press  |  Posted  Dec 5th - 6:30pm

In a story Dec. 4 about developments in the dispute over the Dakota Access oil pipeline, The Associated Press reported erroneously in several separate items that the U.S. Army Corps of Engineers said that it wouldn't grant an easement for the project. The Army issued the decision to not approve the easement at this time.

Former Fed official Edward W. 'Mike' Kelley Jr. dies at 84

Martin Crutsinger, Associated Press  |  Posted  Dec 5th - 6:20pm

Edward W. "Mike" Kelley Jr., who served 14 years as a member of the Federal Reserve Board and was instrumental in modernizing the banking operations of the Federal Reserve system, has died. He was 84.

No experience needed: Trump taps Carson for HUD secretary

Jonathan Lemire, Associated Press  |  Posted  Dec 5th - 6:10pm

Donald Trump chose retired neurosurgeon Ben Carson on Monday to be secretary of the Department of Housing and Urban Development, raising fresh concerns about the lack of experience some of Trump's Cabinet picks have with agencies they're now being chosen to lead.

Mexico minimum wage rises to 80 pesos, falls in dollar terms

The Associated Press  |  Posted  Dec 5th - 6:00pm

Mexico has increased its minimum wage to just over 80 pesos a day, though its dollar value is down due to the peso's devaluation.

2 doors of Wal-Mart founder's first store donated to museums

The Associated Press  |  Posted  Dec 5th - 5:50pm

Two doors from the first store owned by Wal-Mart founder Sam Walton have been donated to the Smithsonian's National Museum of American History in Washington and The Walmart Museum in Bentonville, Arkansas.

Bolivia: Crashed jet's company left trail of unpaid debts

Carlos Valdez, Associated Press  |  Posted  Dec 5th - 5:40pm

The airline involved in last week's crash in the Andes left a trail of unpaid bills that forced Bolivia's air force to seize two planes and briefly jail one of the company's owners, Bolivian Defense Minister Reymi Ferreira said Monday.

The Latest: Trump, family members dining at 21 Club

The Associated Press  |  Posted  Dec 5th - 5:30pm

The Latest on President-elect Donald Trump (all times EST):

United Airlines mechanics approve contract

The Associated Press  |  Posted  Dec 5th - 5:30pm

Mechanics at United Airlines have approved a six-year labor deal, the latest in a string of pay-raising contracts in the now profitable industry.

Power line to link Canada, New England gets key US permit

Dave Gram, Associated Press  |  Posted  Dec 5th - 5:11pm

A power line planned to run under Lake Champlain and link suppliers in Canada with consumers in southern New England has won a key federal permit, clearing its last big regulatory hurdle.

Prosecutor's office paid bitcoin ransom in cyberattack

Joe Mandak, Associated Press  |  Posted  Dec 5th - 5:00pm

A state prosecutor's office in Pennsylvania was among hundreds of thousands of victims of a now-shuttered international cybercrime operation, paying nearly $1,400 in a bitcoin ransom to free up its infected computer network, authorities disclosed Monday.