Economy

Japan's ANA cancels flight due to 787 computer bug
Japan's All Nippon Airways says it cancelled a domestic flight to Tokyo on Wednesday after a computer wrongly indicated there was a problem with the ...
Reward offered for jewel box taken from museum
The Oakland Museum of California offered a $12,000 reward Wednesday for the safe recovery of a stolen gold-encrusted jewel box — the latest in a ...
Facing backlash, AIG won't join lawsuit against US
Afraid of looking like a world-class ingrate, AIG on Wednesday decided against suing the federal government over the $182 billion bailout that saved ...
Wall Street gains as earnings flow in; Boeing up
Stocks rose on Wall Street Wednesday after U.S. corporate earnings reports got off to a good start. The Dow Jones industrial average climbed 61.
Business leaders warn UK PM against leaving EU
Top business executives have warned U.K. Prime Minister David Cameron that he could damage Britain's economy if he seeks to renegotiate the terms of ...
Gun dealers challenge rifle reporting requirement
A lawyer for two Arizona gun dealers argued Wednesday that the Obama administration in trying to halt the flow of U.S. guns to Mexican drug gangs ...
Oil slips as US crude and gasoline stockpiles grow
The price of oil slipped below $93 a barrel Wednesday, as a report of rising U.S. crude supplies outweighed a forecast for higher demand this year ...
UN rings alarm over conditions of domestic workers
At least 52.6 million people worldwide are employed as domestic workers, most of them women vulnerable to abuse and without adequate legal protection, ...
South African police arrest 50 in farm protest
South African police fired rubber bullets at striking farm workers who set up barricades and threw stones at motorists and security forces on ...
Iran annual inflation hits 27.4 percent
Iran's central bank says the annual inflation rate hit 27.4 percent at the end of 2012, one of the highest rates ever quoted by Iranian authorities.
MGM China gets official OK for 2nd Macau casino
The Chinese arm of U.S. casino company MGM Resorts International won official approval Wednesday for its new Macau casino-resort, putting it a step ...
German industry production up less than expected
Industrial production in Germany, Europe's biggest economy, rose less than expected in November and not enough to offset a substantial fall the ...
Spanish banks meet unions to discuss huge layoffs
Representatives of two of Spain's biggest banks are meeting with labor unions to discuss massive layoffs, hours ahead of protests by bank workers in ...
Alcoa earnings as expected, revenue tops forecasts
Alcoa Inc. on Tuesday reported fourth-quarter earnings that met Wall Street's expectations, and the company said it expects slightly higher demand for ...
Chevy adopts new global ad campaign
Chevrolet is dropping its "Chevy Runs Deep" slogan and replacing it with the new tagline "Find New Roads," saying that it's better geared toward ...
Dish Network makes $5.15B bid for Clearwire
Satellite TV provider Dish Network is offering to buy wireless network operator Clearwire — which agreed to sell itself to Sprint in December — for $3
Scrutiny of 787 fire ramps up; Boeing shares fall
Federal safety investigators intensified their scrutiny of a Monday fire aboard a Boeing 787 as concerned investors sold shares in the aircraft maker ...
AMR board to study merger option
Directors of American Airlines' parent company likely won't make a decision when they meet Wednesday to consider a possible merger with US Airways, ...
US consumer debt rises on more car, school loans
U.S. consumers took on more debt in November to buy cars and attend school, but stayed cautious with their credit cards. The Federal Reserve said ...
Businessman gets 4 weeks for attempted pandering
The former chief executive of an upscale Colorado-based grocery chain accused in a child prostitution case in Phoenix was sentenced Tuesday to four ...
Lampert faces tough road as Sears CEO
Shares of Sears Holdings Corp. fell Tuesday, a day after the retailer announced that chairman and hedge fund billionaire Edward Lampert will take over ...
Qatar aiding Egypt with extra $2.5 billion
Qatar announced Tuesday it was doubling its financial aid to the Egyptian government with a new injection of $2.5 billion, underlining its role in ...