Economy

World Bank watchful as Fed signals tighter policy
The head of the World Bank is pledging to ensure that financing for developing countries doesn't suffer when central banks in rich nations wind down ...
Ahead of the Bell: Oracle's 4Q earnings coming out
Oracle's end-of-quarter report should give investors a better handle on whether a disappointing performance earlier this year by the business software ...
ABN Amro chief says Dutch bank ready to privatize
The chief executive of ABN Amro says the Dutch bank is ready to be privatized. Gerrit Zalm said on a late-night television talk show Wednesday that ...
AP PHOTOS: Bangladesh collapse left many amputees
It was the worst disaster in the history of the garment industry. When the Rana Plaza factory building crashed down in April, 1,129 people were killed
Leading 3-D printer firms to merge in $403M deal
Stratasys, a leading maker of 3-D printers, is buying another 3-D printer manufacturer, MakerBot, for $403 million in stock. Stratasys Ltd.
Fed suggests it's closer to slowing bond purchases
In a move that could send interest rates higher, Fed Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will ...
Men's Wearhouse ousts founder, pitchman Zimmer
Men's Wearhouse doesn't like the way its founder looks anymore. The men's clothier said Wednesday that it fired executive chairman and face of the ...
Bluebird Bio shares rocket higher in trading debut
Shares of gene therapy developer Bluebird Bio Inc. surged in their trading debut. Its shares climbed $9.91, or 58.3 percent, to close at $26.
FedEx 4Q profit drops as priority services lag
FedEx Corp.'s fourth-quarter profit fell 45 percent as international customers traded down to less-expensive delivery options and the company spent ...
Top UK court overturns sanctions on Iranian bank
Britain's Supreme Court quashed sanctions against an Iranian bank penalized over its alleged links to Iran's nuclear weapons program, saying Wednesday ...
Red Hat's 1Q net up on higher subscription revenue
Red Hat Inc., the company behind the Linux open-source operating system, said Wednesday that net income in its fiscal first-quarter grew 8 percent as ...
Greek coalition talks drag on to end TV crisis
Greece's governing coalition failed to end a political crisis triggered by the closure of state broadcaster ERT, but said talks would continue ...
UK banking commission urges better standards
British bankers could soon be facing harsher penalties for behaving badly. After a year which has seen major scandals involving rate-rigging, ...
Stocks slide as Fed says bond purchases could slow
Stocks are closing sharply lower and bond yields are rising after Fed Chairman Ben Bernanke said the central bank could slow its massive bond ...
Pruitt: DOJ broke rules in phone records seizure
The Justice Department violated its own rules when it secretly seized records for thousands of phone calls to and from journalists for The Associated ...
Banks fall short in helping struggling homeowners
Homeowners trying to avoid foreclosure must wait too long for their loan modification applications to be reviewed by some of the nation's top mortgage ...
IMF calls for urgent steps on Spain unemployment
Spain faces the prospect of high unemployment and sluggish growth lasting years unless the country and Europe take "urgent action" to slash the ...
Diverted United 787 passengers resume Tokyo trip
Passengers from a United Airlines Denver-to-Tokyo flight that diverted to Seattle when the Boeing 787 had an oil filter issue resumed their trip ...
Correction: Dish-Sprint story
In a story June 18 about Dish Network Corp.'s announcement that it will not submit a revised bid to purchase Sprint Nextel Corp., The Associated Press ...
Traffic returns to Wash. bridge that collapsed
Cars and trucks are rolling again across the Interstate 5 Skagit River bridge, restoring the traffic flow on the main route between Seattle and ...
Obama warns EU over high youth unemployment
President Barack Obama raised the prospect Wednesday that Europe might need to adjust its economic policies to tackle high youth unemployment and make ...
A guide to the life and mystery of Jimmy Hoffa
The FBI has spent this week digging up a field in suburban Detroit for the remains of former Teamsters union leader Jimmy Hoffa, who disappeared 38 ...
Stocks drift lower as investors wait for the Fed
Stocks are drifting lower on Wall Street as investors hold back ahead of a policy announcement from the Federal Reserve. The Dow Jones industrial ...
Airbus clocks 59 orders for new A350 wide-body jet
Airbus raked in orders Wednesday for its new A350, announcing 59 sales of the wide-body jet that flew for the first time last week. Singapore Airlines ...