MGM China gets official OK for 2nd Macau casino
01/09/2013 5:27am
The Chinese arm of U.S. casino company MGM Resorts International won official approval Wednesday for its new Macau casino-resort, putting it a step closer to catching up with rivals in the world's most lucrative gambling market.
Myanmar president establishes anti-graft team
01/09/2013 6:02am
Myanmar President Thein Sein has established a nine-member anti-corruption team in his latest reform for the country's newly unshackled economy.
Olive Garden parent Darden shakes up management
01/09/2013 6:25am
Darden Restaurants Inc. is replacing the president of its flagship Olive Garden chain after a new marketing campaign failed to reverse slumping sales.
UN rings alarm over conditions of domestic workers
01/09/2013 8:15am
At least 52.6 million people worldwide are employed as domestic workers, most of them women vulnerable to abuse and without adequate legal protection, the U.N. said Wednesday in its first snapshot of the often invisible workforce that cares for other people's families and households.
News Summary: MGM China gets 2nd Macau casino
01/09/2013 9:41am
JACKPOT: The Chinese arm of MGM Resorts International won official approval for its new Macau casino-resort, putting it a step closer to catching up with rivals in the world's most lucrative gambling market.
Wal-Mart to join Biden gun control meeting
01/09/2013 10:02am
Wal-Mart Stores Inc. will join talks at the White House on Thursday about gun control and safety.
News Summary: Sweden seeks 2 garlic smugglers
01/09/2013 10:05am
WHAT'S THAT SMELL?: Swedish prosecutors have issued international arrest warrants for two Britons suspected of masterminding a smuggling ring involving over a ton of Chinese garlic.
News Summary: Poll positive for Germany's Merkel
01/09/2013 10:18am
MERKEL MANIA: The Forsa agency's poll for Stern magazine showed that support for Angela Merkel's conservative party is at 42 percent, the highest level since Merkel became Germany's leader in November 2005.
Sweden seeks 2 Britons for smuggling garlic
01/09/2013 10:56am
Swedish prosecutors have issued international arrest warrants for two Britons suspected of masterminding a smuggling ring involving Chinese garlic.
Spanish fashion designer Manuel Mota dies at 46
01/09/2013 11:22am
Manuel Mota, a Spanish dress designer specializing in bridal gowns for top models and high society, has died. He was 46.
Jack Lew expected to be next Treasury Secretary
01/09/2013 11:47am
White House chief of staff Jack Lew is President Barack Obama's expected pick to lead the Treasury Department, with an announcement possible before the end of the week, as the administration moves to fill the most critical jobs in the Cabinet.
Utah secures economic 'pole position' by sticking to the basics
01/09/2013 11:59am
Smart business is like NASCAR. You spend a great deal of time circling the track with the rest of the pack, running making small gains on the competition. But by putting yourself in the right position, you can take advantage of opportunities in the key moments.
Khuzami leaving SEC, led post-crisis enforcement
01/09/2013 12:24pm
Robert Khuzami is leaving the Securities and Exchange Commission after leading the agency's efforts to penalize the nation's largest banks for actions that triggered the 2008 financial crisis.
6 ways to put those unwanted gift cards to use
01/09/2013 12:33pm
Gift cards are easily forgotten.
News Summary: Getting rid of those gift cards
01/09/2013 12:34pm
DON'T FORGET THEM: Some $1.7 billion of the $110 billion gift cards bought in 2012 will go unused, according to CEB TowerGroup.
Morgan Stanley to cut 1,600 jobs
01/09/2013 1:22pm
The investment bank Morgan Stanley plans to cut about 1,600 jobs, nearly 3 percent of its workforce, a person familiar with the bank said Wednesday. The cuts will focus on senior ranks at the bank.
Nobel Prize economist James Buchanan dies at 93
01/09/2013 1:41pm
Nobel Prize-winning economist James M. Buchanan, who helped develop the public choice theory of economics, has died. He was 93.
SEC: 2 KPMG auditors charged in TierOne collapse
01/09/2013 1:56pm
Two KPMG auditors are facing charges of enabling managers at failed TierOne Bank to hide millions in losses during the 2008 financial crisis through flawed accounting procedures.
Purina, Milo's Kitchen pulling some dog treats
01/09/2013 2:30pm
Two makers of pet treats are pulling products from the market because they may contain traces of poultry antibiotics that aren't approved in the U.S.
News Summary: Monopoly to add a new token
01/09/2013 2:41pm
TOKEN GESTURE: Hasbro is holding a Facebook contest to eliminate one of eight tokens that identify the players and introduce a new one. Possible new tokens include a cat, diamond ring, guitar, toy robot and helicopter
Report: SEC opens inquiry into Herbalife
01/09/2013 3:13pm
Questions over Herbalife Ltd.'s business model have pummeled the nutrition and weight loss company's shares and reputation in recent weeks. Now the company is reportedly the target of an SEC inquiry.
Union-run trust seeks Chrysler stock sale
01/09/2013 3:59pm
A trust fund that pays medical bills for Chrysler blue-collar retirees has asked the company to set up a public sale of Chrysler stock.
News Summary: Report says SEC probes Herbalife
01/09/2013 4:08pm
SEC SEEKERS: The Wall Street Journal reports that the Securities and Exchange Commission has launched a probe into Herbalife Ltd. The newspaper cited an unnamed person close to the inquiry.
News Summary: Apple mulls cheaper iPhone
01/09/2013 4:32pm
APPLE SAUCE: Apple is exploring the possibility of building a cheaper version of its popular iPhone, according to a Wednesday report in The Wall Street Journal.
Facing backlash, AIG won't sue government over bailout
01/09/2013 4:49pm
Afraid of looking like a world-class ingrate, AIG on Wednesday decided against suing the federal government over the $182 billion bailout that saved the giant insurance company from collapse.
GM CEO sees US sales gains this year
01/09/2013 5:36pm
General Motors' CEO said Wednesday that he expects the company to steal sales from rivals in the U.S. this year as its new cars and trucks gain traction with customers.
Report: UK military must do more on cost overruns
01/09/2013 6:21pm
Britain's defense ministry needs to set more realistic price and delivery forecasts for its largest equipment projects, a watchdog group said Thursday after finding cost overruns in the hundreds of millions of pounds and numerous deadlines pushed back.
Japan's ANA cancels flight due to 787 computer bug
01/09/2013 7:31pm
Japan's All Nippon Airways says it cancelled a domestic flight to Tokyo on Wednesday after a computer wrongly indicated there was a problem with the Boeing 787's brakes.
Indonesia to add photo warnings to cigarette packs
01/09/2013 7:42pm
Indonesia's president has signed off on regulations that will require cigarette packets to bear photographic warnings and ban the use of terms such as "mild" and "light" in connection with tobacco products.
GM, Isuzu to develop new pickup trucks
01/09/2013 10:25pm
Isuzu Motors Ltd. and its former shareholder General Motors Co. said Thursday that they plan to jointly develop new pickup truck models, reviving cooperation with an eye to fast-growing emerging markets.
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