The owner of a jewelry store has pleaded guilty in Los Angeles for his role in an insider-trading case involving a former senior partner at accounting firm KPMG.
The owner of a Los Angeles jewelry store pleaded guilty Monday for his role in an insider-trading case involving a former senior partner at accounting firm KPMG.
Evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher Monday.
The price of silver was the standout mover in financial markets Monday as it took a hammering for the second trading session in a row, even as stocks remained relatively solid amid hopes over the U.S. economy.
Billionaire Warren Buffett is spending his day listening to business pitches from a select group of kids, but the ideas aren't likely to generate new acquisitions for Buffett's Berkshire Hathaway conglomerate.
Billionaire Warren Buffett is spending his day listening to business pitches from a select group of kids, but the ideas aren't likely to generate new acquisitions for Buffett's Berkshire Hathaway conglomerate.
Stocks were mixed in early trading on Wall Street after investors pushed indexes to record levels Friday.
Small companies took the limelight Monday as the stock market extended a rally.
A Swedish prosecutor says three former executives of automaker Saab Automobile AB have been arrested on accounting fraud charges.
A Swedish prosecutor says three former executives of automaker Saab Automobile AB have been arrested on accounting fraud charges.
Special K was once just a line of cereals. Today, it's a diet food empire.
Special K was once just a line of cereals. Today, it's a diet food empire.
The price of oil rose Monday, taking its cue from the stock market and the dollar.
The price of oil rose Monday, taking its cue from the stock market and the dollar.
New government figures underscore the staggering long-term consequences of military sexual assaults: More than 85,000 veterans were treated last year for injuries or illness linked to the abuse, and 4,000 sought...
New government figures underscore the staggering long-term consequences of military sexual assaults: More than 85,000 veterans were treated last year for injuries or illness linked to the abuse, and 4,000 sought disability...
By JOSHUA FREED AP Airlines Writer United Airlines is getting its 787s back in the air.
By JOSHUA FREED AP Airlines Writer United Airlines is getting its 787s back in the air.
The stock market is edging higher in midday trading, led by small-company shares.
The stock market is edging higher in midday trading, led by small-company shares.
A Libyan gas company official says militiamen have attacked a natural gas complex in the country's west, injuring two guards and stealing weapons and military vehicles.
A Libyan gas company official says militiamen have attacked a natural gas complex in the country's west, injuring two guards and stealing weapons and military vehicles.
Seamless North America and GrubHub on Monday announced plans to combine and create an online food ordering service covering more than 20,000 restaurants in 500 cities across the U.S.
Rival online takeout services Seamless North America and GrubHub on Monday announced plans to combine and create a new company covering more than 20,000 restaurants in 500 cities across the U.S.
Actavis is buying Warner Chilcott in an all-stock transaction valued at about $8.5 billion which would create the third-biggest specialty pharmaceutical company in the U.S.
Actavis is buying Warner Chilcott in an all-stock deal valued at about $8.5 billion that would create the third-biggest specialty pharmaceutical company in the U.S. market.
Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.
Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.
The Supreme Court has affirmed the authority of federal regulators to try to speed local government decisions on proposals to build or expand cell phone towers.
The Supreme Court has affirmed the authority of federal regulators to try to speed local government decisions on proposals to build or expand cell phone towers.
Stocks are opening slightly lower on Wall Street as the stock market comes off of four straight weeks of gains.
Stocks are opening slightly lower on Wall Street as the stock market comes off of four straight weeks of gains.
Chesapeake Energy has named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO.
Chesapeake Energy has named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO.
United Arab Emirates-based construction company Arabtec says it's working to resolve a rare strike by laborers seeking higher wages.
United Arab Emirates-based construction company Arabtec says it's working to resolve a rare strike by laborers seeking higher wages.
China's new premier says he chose India as the site of his first foreign visit because cooperation between the world's two most populous nations is crucial to world stability and economic growth.
The leaders of India and China played down their recent border dispute and other tensions Monday, pledging to work together for regional stability and the economic growth of the world's two most populous nations.
U.S. stock futures are relatively flat as investors take a breather and some analysts wonder how long the bull-market run can last.
U.S. stock futures are relatively flat as investors take a breather and some analysts wonder how long the bull-market run can last.
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.
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.
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...
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...
Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists.
Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists.
Ryanair has reported record profits as Europe's largest budget airline expands across the continent.
Ryanair reported record profits Monday as Europe's largest budget airline relentlessly expanded its route network across the continent and into North Africa.
A businesswoman in southern China has been sentenced to death on charges of defrauding investors as the government tightens controls on informal financing that is widely used by entrepreneurs.
A businesswoman in southern China has been sentenced to death on charges of defrauding investors as the government tightens controls on informal financing that is widely used by entrepreneurs.
More than 85,000 veterans were treated last year for injuries or illness stemming from sexual abuse in the military, and 4,000 sought disability benefits, underscoring the staggering long-term impact of a crisis that...
More than 85,000 veterans were treated last year for injuries or illness stemming from sexual abuse in the military, and 4,000 sought disability benefits, underscoring the staggering long-term impact of a crisis that has...
The mountains of Sochi are now home to Potanin's slope, Gazprom's gondola lift and Sberbank's ski jump. The nicknames used by locals and an army of construction workers leave no doubt about who is paying...
The mountains of Sochi are now home to Potanin's slope, Gazprom's gondola lift and Sberbank's ski jump. The nicknames used by locals and an army of construction workers leave no doubt about who is paying for the...
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...
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...
"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...
"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.
The average U.S. price of a gallon of gasoline has jumped 11 cents over the past two weeks.
The average U.S. price of a gallon of gasoline has jumped 11 cents over the past two weeks.
Sunbathers this summer will find new sunscreen labels that are designed to make the products more effective and easier to use.
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...
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.
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.
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.
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.
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...
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...
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...
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...
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...
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...
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."
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...
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.
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.
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.
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...
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.
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.
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...
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...
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.
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.
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...
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...
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...
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...
Encouraging news about the U.S. economy helped push stock prices higher in early trading on Wall Street Friday.
Encouraging news about the U.S. economy extended the stock market's rally Friday.
Congress' nonpartisan budget analyst says President Barack Obama's budget would trim projected federal deficits by $1.1 trillion over the coming decade.
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...
It was supposed to be our IPO, the people's public offering.
It was supposed to be our IPO, the people's public offering.
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.
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.
Shares of General Motors are trading above $33 for the first time in over two years.
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.
Former Argentine dictator Jorge Rafael Videla has died of natural causes while serving life sentences in prison for crimes against humanity.
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...
Cyprus has eliminated limits on money transfers and withdrawals for international clients of another eight foreign banks doing business in the debt-laden country.
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.
President Barack Obama is leaving behind scandal-focused Washington to focus on the country's slowly improving jobs picture.
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...
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.
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.
Brazil's Congress has approved legislation aimed at modernizing and expanding the country's overcrowded ports and attracting private investments in the sector.
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,
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...
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...
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.
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.
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.
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...
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...
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,...
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.
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.
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.
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.
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.
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.
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.
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.
Fitch Ratings agency has downgraded Slovenia's credit grade by one notch, citing a weak economic outlook and a frail banking system.
Fitch Ratings agency has downgraded Slovenia's credit grade by one notch, citing a weak economic outlook and a frail banking system.
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.
World stock markets rose steadily on Friday after two key indicators suggested the U.S. economic expansion will continue.
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.
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.
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.
The organic food industry is gaining influence on Capitol Hill, prompted by its entry into traditional farm states and by increasing consumer demand.
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.
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.
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.
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.
The European Union wants to ban the refillable olive oil bottles that sit on so many restaurant tables across the continent.
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.
The Arab Spring may finally be en route to Algeria.
The Arab Spring may finally be en route to Algeria.
The International Monetary Fund says serious economic risks remain for Cyprus even after a big international bailout.
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.
Stocks are slightly higher in early trading on Wall Street, even as several big retailers slumped after reporting disappointing earnings.
Stocks are slightly higher in early trading on Wall Street, even as several big retailers slumped after reporting disappointing earnings.
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.
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.
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.
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.
The price of oil fell below $95 per barrel Friday after new signs of a choppy economic recovery in the U.S.
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.
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.
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.
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.
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.
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...
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...
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.
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.
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...
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...
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.
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.
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.
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.
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.
The first few months of the year were tough for Wal-Mart Stores Inc.
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.
The legacy of J.C. Penney's former CEO is being felt at the department-store chain.
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"...
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...
Dell's first-quarter earnings plunged 79 percent as the shift to smartphones and tablets reduced demand for the company's personal computers.
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.
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...
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...
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.
Signs of a slowing economy combined with comments from a Federal Reserve official helped pull the stock market down Thursday.
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.
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.
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.
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.
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.
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.
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...
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.
First milk, butter, coffee and cornmeal ran short. Now Venezuela is running out of the most basic of necessities - toilet paper.
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.
Only two of 13 small SUVs are getting passing grades in front-end crash tests done by an insurance industry group.
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.
Weak sales from Wal-Mart and discouraging economic reports resulted in a down day on the stock market.
Weak sales from Wal-Mart and discouraging economic reports resulted in a down day on the stock market.
The Senate has begun debate on President Barack Obama's nomination of physicist Ernest Moniz to lead the Energy Department.
Physicist Ernest Moniz won unanimous Senate confirmation Thursday to be the nation's new energy secretary.
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.
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.
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.
U.S. airlines charged more in fares and fees and reduced debt as they improved their financial performance in the first quarter.
Oil followed a familiar pattern Thursday, moving higher despite some less-than-stellar economic reports.
Oil followed a familiar pattern Thursday, moving higher despite some less-than-stellar economic reports.
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.
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.
President Barack Obama says the U.S. and Turkey will keep ramping up pressure to oust Syrian President Bashar Assad from power.
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.
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.
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.
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...
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...
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...
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.
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.
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...
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.
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.
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...
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:...
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.
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.
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.
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.
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.
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.
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.
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.
Indexes are slightly higher at midday on Wall Street, pushing the stock market further into record territory.
Indexes are slightly higher at midday on Wall Street, pushing the stock market further into record territory.
Apple says its customers have downloaded more than 50 billon applications from its App Store since its launch in 2008.
Apple says its customers have downloaded more than 50 billon applications from its App Store since its launch in 2008.
Royal Bank of Scotland says it is cutting 1,400 jobs from its retail banking operations over the next two years.
Royal Bank of Scotland says it is cutting 1,400 jobs from its retail banking operations over the next two years.
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.
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.
Stocks are opening slightly lower on Wall Street a day after the market hit its latest record high.
Stocks are opening slightly lower on Wall Street a day after the market hit its latest record high.
Two million Argentines will get wage hikes of 24 percent under a deal President Cristina Fernandez brokered with six allied labor unions.
Two million Argentines will get wage hikes of 24 percent under a deal President Cristina Fernandez brokered with six allied labor unions.
A Senate panel has endorsed the nomination of Justice Department official Thomas Perez to head the Labor Department despite opposition from Republicans.
A Senate panel has endorsed the nomination of Justice Department official Thomas Perez to head the Labor Department despite opposition from Republicans.
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.
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.
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.
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.
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.
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.
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...
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...
U.S. stock futures are moving higher with retailers sending mixed signals about consumer spending.
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.
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.
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.
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...
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...
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.
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...
The price of oil fell below $94 a barrel Thursday after a survey showed crude inventories on the increase.
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.
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...
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...
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.
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.
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.
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...
For some, it was a barbaric way to treat animals. For others, it was great business.
For some, it was a barbaric way to treat animals. For others, it was great business.
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.
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.
Global economic malaise has knocked the stuffing out of Luo Yan's business making toy animals.
Global economic malaise has knocked the stuffing out of Luo Yan's business making toy animals.
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.
The House Agriculture Committee on Wednesday approved a sweeping farm bill that would trim the $80 billion-a-year food stamp program.
New Zealand will sell a minority stake in a second power company this year as part of a plan to balance its books.
New Zealand will sell a minority stake in a second power company this year as part of a plan to balance its books.
Enthusiasm on Wall Street sparked by another positive report on the U.S. economy helped push most Asian stock markets higher Wednesday.
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.
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.
For Google CEO Larry Page, happiness is a warm computer.
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...
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...
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...
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.
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...
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...
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...
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...
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...
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...
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...
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.
A Chicago federal judge is scolding Donald Trump and an attorney questioning the developer-turned-TV personality to stop their verbal "boxing match."
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...
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.
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.
Deere & Co. says its second-quarter net income rose almost 3 percent as it raised prices and the farm economy continued to be strong.
Deere & Co. said on Wednesday that bad weather and weak economies will hinder sales growth this year for lawnmowers and construction equipment.
A report of slowing manufacturing is getting the stock market off to weak start Wednesday.
Investors nudged the stock market to all-time highs Wednesday despite a handful of disappointing economic reports.
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.
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...
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.
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.
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.
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.
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...
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...
The stock market is closing higher after shaking off a morning slump.
The stock market is closing higher after shaking off a morning slump.
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...
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...
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.
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...
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.
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.
The price of oil rose back above $94 Wednesday after dropping earlier on disappointing economic reports from Europe and the U.S.
The price of oil rose back above $94 Wednesday after dropping earlier on disappointing economic reports from Europe and the U.S.
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.
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.
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,...
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...
U.S. factories cut back sharply on production in April, as auto companies cranked out fewer cars and most other industries reduced output.
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.
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...
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...
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...
Foreign demand for U.S. Treasury securities rose to a record level in March, signaling further confidence in U.S. debt.
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...
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...
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...
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...
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...
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.
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...
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...
Stock prices are shaking off a morning slump and turning higher in midday trading on Wall Street.
Stock prices are shaking off a morning slump and turning higher in midday trading on Wall Street.
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...
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...
The price of oil was nearly unchanged Wednesday as traders weighed a positive U.S. economic report against rising supplies of crude.
The price of oil fell below $93 on Wednesday after disappointing economic reports from Europe and the U.S.
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...
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...
The price of oil fell below $93 on Wednesday after disappointing economic reports from Europe and the U.S.
The price of oil fell below $93 on Wednesday after disappointing economic reports from Europe and the U.S.
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...
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...
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.
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.
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.
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.
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...
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...
The Obama administration is looking at new ways to pressure Iran over its nuclear program.
The Obama administration is looking at new ways to pressure Iran over its nuclear program.
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