Economy

Japan's trade deficit climbs to $10.5B in May
Japan's trade deficit rose nearly 10 percent in May to 993.9 billion yen (nearly $10.5 billion), highlighting the challenge Prime Minister Shinzo Abe ...
Dish won't submit revised bid for Sprint
Satellite TV operator Dish Network Corp. said Tuesday it would not submit a revised bid for Sprint, leaving the path open for the wireless carrier to ...
Chrysler agrees to recall of Jeeps at risk of fire
After initially defying federal regulators, Chrysler abruptly agreed Tuesday to recall some older-model Jeeps with fuel tanks that could rupture and ...
Cape Wind gets $200M investment from Danish fund
The Cape Wind offshore wind project has secured a $200 million investment from a Danish pension fund in what the wind farm's president said Tuesday ...
Hoffa mystery still fascinates after 4 decades
The latest possible resting place of Teamsters boss Jimmy Hoffa is an overgrown farm field where the normal calm of chirping crickets is being drowned ...
Icahn changes tack, seeks $16B Dell stock buyback
Activist investor Carl Icahn on Tuesday proposed a $16 billion share buyback in his latest effort to thwart Dell Inc. founder Michael Dell's effort ...
Google asks FISA court to lift gag order
Google on Tuesday sharply challenged the federal government's gag order on its Internet surveillance program, citing what it described as a First ...
Stocks move higher as traders wait on the Fed
The stock market is closing higher as investors anticipate that the Federal Reserve will keep programs to support the U.S. economy in place. The Dow ...
Greece's public TV still off despite court ruling
State TV channels in Greece remained off-air Tuesday as the political storm over the future of public broadcaster ERT raged on, despite a court ruling ...
Sprint sues to stop Dish Clearwire buyout
Sprint is suing to stop Dish Network's buyout of wireless data network operator Clearwire. The nation's third-largest cellphone carrier said the ...
Fighters in Nigeria attack school, kill 9 pupils
Suspected Islamic militants have opened fire on students taking exams at a school in the country's troubled northeast, killing at least nine pupils ...
Chrysler expected to formally refuse Jeep recall
In one of the biggest-ever showdowns between an automaker and the government, Chrysler on Tuesday is expected to file papers explaining its refusal ...
Duke Energy names insider to take over for Rogers
Duke Energy Corp., the nation's largest electric utility, named Chief Financial Officer Lynn Good to replace Jim Rogers next month as CEO. Rogers, 65, ...
Hewlett-Packard puts Bradley in strategy role
Todd Bradley, the head of Hewlett-Packard Co.'s printing and personal computer business, has been appointed to a new position in charge of the ...
US consumer prices rise just 0.1 pct. in May
U.S. consumer prices rose slightly last month, as higher energy costs partly offset cheaper food. The small increase is further evidence that ...
Zimbabwe 'Cattle Bank' takes deposits that moo
William Mukurazita's deposit at the bank has four legs and moos. Zimbabwe's first "Cattle Bank" has just opened its books in a unique kind of banking ...
US video game retail sales fall 25 percent in May
U.S. retail sales of video games, hardware and accessories declined 25 percent in May as demand for aging game consoles continued to fade and fewer ...
easyJet to buy 135 single-aisle Airbus A320s
Budget carrier easyJet agreed Tuesday to purchase 135 single-aisle Airbus jets that will allow the European airline to pack in more passengers than ...
European car sales hit 20-year low for May
European car sales had their worst May in 20 years as the region's recession drags on, the European automakers' association said Tuesday.
Boeing nets orders for 102 stretch 787s
Boeing Co. won major orders from five customers for a stretched-out version of its popular 787 Dreamliner jet at the Paris Air Show Tuesday, further ...
US home construction rises 6.8 percent in May
U.S. builders stepped up home construction in May and applied for permits to build single-family homes at the fastest pace in five years. The gains ...
Kabel Deutschland shares rise on takeover interest
Shares in Germany's biggest cable operator are up after Kabel Deutschland received a preliminary takeover proposal from U.S. firm Liberty Global.
Royalty Pharma lets Elan takeover bid expire
Royalty Pharma has let its latest takeover bid for Irish drugmaker Elan lapse as it decided against pressing ahead with a court challenge of a ...