Economy

UAE construction giant faces rare labor strike
United Arab Emirates-based construction company Arabtec says it's working to resolve a rare strike by laborers seeking higher wages. Labor protests ...
Commutes long, slow after Conn. train derailment
Connecticut commuters planned for long, slow trips to and from work Monday following last week's train collision that that injured 72 people and ...
Chinese, Indian leaders call for cooperation
The leaders of India and China played down their recent border dispute and other tensions Monday, pledging to work together for regional stability and ...
Actavis buying Warner Chilcott in $8.5B deal
Actavis is buying Warner Chilcott in an all-stock transaction valued at about $8.5 billion which would create the third-biggest specialty ...
Chesapeake names Anadarko executive as new CEO
Chesapeake Energy has named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO. The appointment of the 46-year-old Lawler comes after ...
Markets solid despite Fed policy speculation
Stock markets remained relatively solid Monday as evidence of a steady economic recovery in the U.S. continued to shore up sentiment.
Ryanair keeps growing, reports record profits
Ryanair reported record profits Monday as Europe's largest budget airline relentlessly expanded its route network across the continent and into North ...
Small Fla. city anxious to learn jackpot winner
It could be an anxious wait of up to two months for people in a small Florida city to find out who won the highest Powerball jackpot in history: an ...
China sentences underground bank operator to death
A businesswoman in southern China has been sentenced to death on charges of defrauding investors as the government tightens controls on informal ...
Russian oligarchs foot most of 2014 Sochi Olympics
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 ...
United to restart 787 flights on Monday
United Airlines is getting its 787s back in the air. The planes are returning after being grounded for four months by the federal government because ...
Small Fla. city wonders who won Powerball jackpot
Some lucky person walked into a Publix supermarket in suburban Florida over the past few days and bought a ticket now worth an estimated $590.
Cairo airport baggage handlers end strike
Cairo airport officials say baggage handlers have resumed work after a strike that left passengers on 20 international flights from Europe and Arab ...
White House insists Obama was not involved in IRS
A top White House adviser insisted Sunday that President Barack Obama learned the Internal Revenue Service had targeted tea party groups only "when ...
Report: Iran hangs 2 men convicted of spying
Iran's state radio says authorities have executed two men convicted of spying for Israel's Mossad and the American CIA intelligence agency.
'Britain's Obama' urges ties with West Africa
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 ...
Official: Broken rail eyed in Conn. train crash
The commuter train derailment and collision that left dozens injured outside New York City was not the result of foul play, officials said Saturday, ...
20 flights without bags after Egypt airport strike
Egyptian officials say baggage handlers in Cairo's airport have gone on strike to protest a colleague's death, leaving passengers on 20 international ...
AP PHOTOS: Palestinians in Egypt exiled, forgotten
In 1948, Suleiman Mamoudi fled by foot with his parents and other families from their village of Bir el-Sabae in Palestine. The 28-year-old and his ...
Union leads march in Rome calling for 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 ...
Politics, bribery charges swirl around Ugandan oil
Even before the first drops flow, Uganda's oil sector is beset by bribery allegations against officials, tax-related cases abroad that cost the ...
Stocks rise on hopeful signs for the US economy
Encouraging news about the U.S. economy extended the stock market's rally Friday. Small-company stocks rose the most, a sign that investors are taking ...
A year after IPO, Facebook aims to be ad colossus
It was supposed to be our IPO, the people's public offering. Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a ...
Pew survey questions Gen X, baby boomer savings
A research report by the Pew Charitable Trusts says younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, ...