12/12/2012 2:28amIn a story Dec. 11 about the clothing industry's efforts to avoid factory fires, The Associated Press misspelled the last name of the head of vendor relations at the German company Tchibo. Her name is Nanda Bergstein, not Nanda Bernstein.
12/12/2012 3:15amOfficial data shows that unemployment in the United Kingdom dropped to 7.8 percent in the three months to October as the number of jobless fell by its largest amount since 2001.
12/12/2012 3:59amRosneft has signed an agreement to purchase 50 percent in Russia's third-largest oil producer TNK-BP for $28 billion, having earlier acquired the other half from BP.
12/12/2012 4:31amThe value of mergers and acquisitions deals around the world in 2012 was nearly half the amount made five years ago, when the financial crisis first bared its teeth, a leading accounting and consulting firm said Wednesday.
12/12/2012 5:40amAirlines have found a way to take the edge off the stress of flying and make a few extra bucks along the way: fancy new cocktails, craft beers and elegant wines.
12/12/2012 6:24amSerbia's billionaire retail tycoon and one of the Balkan country's most influential figures was detained Wednesday in what the nationalist government said is a major anti-corruption sweep.
12/12/2012 6:48amIndustrial production in India soared 8.2 percent in October, a sharp spike for Asia's third largest economy but industry viewed the data with some caution.
12/12/2012 7:47amEli Lilly and Co. will launch another study of its possible Alzheimer's treatment solanezumab, a move that delays a regulatory decision on a drug that flashed potential to help patients with mild cases of the fatal, mind-robbing disease.
12/12/2012 8:50amQatar's state-backed natural gas producer says it has signed a long-term supply deal with Thailand's national energy company. It's part of the Gulf nation's expanding reach into Asia.
12/12/2012 9:06amMore than 2 million Afghans are at risk from cold, disease and malnutrition this winter as an international appeal for funds to help one of the world's poorest countries has fallen drastically short of its goal, the United Nations and several humanitarian agencies warned on Wednesday.
12/12/2012 9:37amAn advisor to the Polish government says the country should keep using its coal for decades to come, despite a European Union policy of replacing the polluting fossil fuel with cleaner sources.
12/12/2012 10:07amCongress and the White House are struggling to avoid the "fiscal cliff," the package of huge tax increases and spending cuts that kick in next year unless a budget agreement is reached first.
12/12/2012 10:49amJames Harding, editor of media mogul Rupert Murdoch's Times of London, announced he was resigning Wednesday, and said he was pressured to step down.
12/12/2012 12:18pmRIGHT-TO-WORK: In mere days, Republicans have converted Michigan from a seemingly impregnable fortress of organized labor into a right-to-work state, leaving outgunned Democrats and union activists with little recourse but to seek retribution at the ballot box.
12/12/2012 12:41pmROYALTY REVIEW: Congressional auditors say the government reaps billions in royalties each year from fossil fuels extracted from federal lands and waters, but gets none from gold, uranium or other metals mined from those places.
12/12/2012 12:52pmPRODUCTION LEVEL: OPEC ministers agreed to keep their daily crude production target unchanged at a meeting Wednesday. But in a sign of internal rivalry, they failed to reach consensus on a new secretary general.
12/12/2012 1:02pmThe majority of Pakistani lawmakers do not file tax returns despite a legal requirement to do, a report said Wednesday, reinforcing concerns about the low level of tax revenue in the country.
12/12/2012 1:07pmThe Federal Reserve has taken many unprecedented steps in the past four years to try to boost the U.S. economy and counter the effects of a financial crisis that triggered a painful recession. It has kept the short-term interest rate it controls at a record low near zero since December 2008.
12/12/2012 1:26pmPoland's lower house of parliament has approved a 2013 budget that foresees a slightly lower deficit than that expected for this year.
12/12/2012 2:34pmAvon Products plans to cut about 1,500 jobs and exit two Asian markets, as the struggling beauty products seller starts on a broad restructuring plan in an effort to turn around results.
12/12/2012 2:38pmWarren Buffett's company paid $1.2 billion to repurchase 9,200 Class A shares from the estate of a longtime shareholder, and Berkshire Hathaway said Wednesday that its board approved paying higher prices for future buybacks.
12/12/2012 2:50pmThe Federal Reserve projects the unemployment rate will stay elevated until late 2015, suggesting it will keep short-term interest rates low for the next three years.
12/12/2012 3:40pmThe German government has failed in an attempt to salvage a deal that was meant to end a long-running dispute with Switzerland over German tax cheats who hide money in Swiss banks.
12/12/2012 3:40pmThe Federal Reserve on Wednesday stepped up its drive to boost economic growth and lower unemployment. It's changing its criteria for when it might start raising its key short-term interest rate from a record low near zero. It will also keep buying Treasury bonds to keep long-term rates low and encourage more borrowing and spending.
12/12/2012 3:52pmThe Mayan calendar is supposed to end next week and that has led some to believe we're on a countdown to a global apocalypse.
12/12/2012 3:53pmAPOCALYPSE PREP: The supposed end of the ancient Mayan calendar has led some to believe it will usher in the end of the world. But whether one aims to survive doomsday or ride out the aftermath of an economic meltdown or superstorm, experts say being financially ready is the first step to being prepared.
12/12/2012 4:12pmAmerican Airlines is changing the way it charges you to fly.
12/12/2012 4:49pmSKY HIGH: Airlines have found a way to take the edge off the stress of flying and make a few bucks along the way: fancy cocktails, craft beers and elegant wines.
12/12/2012 5:02pmAirline passengers can already get online 30,000 feet over Oklahoma. Soon U.S. airlines will offer Internet connections over the ocean, too.
12/12/2012 5:05pmAirline passengers can already get online 30,000 feet over Oklahoma. Soon U.S. airlines will offer Internet connections over the ocean, too.
12/12/2012 6:00pmLife in this French village revolves around wine. The backyards of its tidy houses nurture the grapes that have made Burgundy famous the world over. At an auto repair shop, everyone seems to have an opinion about the recent sale of a local vineyard to a Macau casino magnate.
12/12/2012 7:54pmJapan's Bank of Tokyo-Mitsubishi UFJ has reached an $8.6 million settlement with the U.S. Department of the Treasury over a violation of U.S. rules forbidding the transfer of money to nations such as Cuba and Iran.
12/12/2012 10:02pmU.S. home repossessions rose to a nine-month high in November, even as the number of homes starting on the path to foreclosure declined to the lowest level in six years.
12/12/2012 10:45pmAt the request of a federal mediator, Pacific Northwest grain terminal companies and the longshore union have talked twice this week in an effort to negotiate a contract.
12/12/2012 11:21pmFor the third straight year, a business publication has awarded the Beehive State top honors as a place to do business in the United States.
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