Economy

Israeli airlines end strike over EU deal
Israel's airlines on Monday ended a two-day strike that stranded thousands of passengers after reaching an agreement with the government over the new ...
European austerity yields meager results in 2012
The austerity pain pursued by a number of European countries led to very little gain in 2012. Figures Monday from Eurostat, the European Union's ...
Ireland's Elan rejects Royalty Pharma takeover bid
The board of Irish drugmaker Elan has unanimously rejected a takeover bid from Royalty Pharma, saying the U.S. investment company's offer of $11.
Saudi advisers propose Friday-Saturday weekend
Saudi Arabia is taking the first steps to switch its weekend to begin on Fridays to align its banking and business days with most other nations in the ...
High court to look at Daimler appeal
The Supreme Court says it will hear an appeal from automaker Daimler AG that seeks to shut down a U.S. lawsuit over allegations that its unit in ...
Stocks mixed as major companies report earnings
Stocks are opening little changed on Wall Street as investors get ready for earnings news from major U.S. companies. Nearly one-third of the 30 ...
FAA furloughs kick in, some flight delays appear
Commercial airline flights started backing up and delayed some travelers Monday, a day after air traffic controllers started going on furlough because ...
Google fined by German data protection agency
A German data protection agency fined Google Inc. 145,000 euros ($189,000) for illegally recording information from unsecured wireless networks — an ...
Oil stays above $88 per barrel
The price of oil rose modestly above $88 a barrel Monday as traders returned to commodities after big sell-offs last week. By early afternoon in ...
Futures rising as heart of earnings season begins
Futures are rising to start a week in which a third of the Dow Jones Industrial Average reports quarterly earnings. Dow Jones industrial futures are ...
Lufthansa cancels about 1,700 flights amid strike
Ground staff at Lufthansa, Germany's biggest airline, walked off the job Monday on a one-day strike that prompted the company to cancel most of the ...
Philips first quarter profits fall as sales slip
Royal Philips NV, the maker of lights, consumer appliances and health-care equipment, on Monday reported a fall in first quarter profit due to weak ...
Survey: Firms still reluctant to make acquisitions
Companies around the world are still reluctant to go on the acquisition trail even though they are becoming are more confident about the global ...
Investors who stood by Boeing reap reward
Investors who stood by Boeing during its 787 crisis have been rewarded. Things looked bad three months ago. Boeing's flagship plane was grounded ...
Israeli official says drones could replace planes
Israel's air force is on track to developing drones that within four to five decades would carry out nearly every battlefield operation executed today ...
Some residents allowed back home after Texas blast
Stranded families growing weary and frustrated since a deadly Texas fertilizer plant explosion left them barricaded from their battered homes finally ...
World finance leaders issue sober assessment
World finance leaders issued a somber assessment on Saturday of the global economy, saying the recovery remains uneven with growth and jobs in short ...
World Bank sets poverty goal
The World Bank has set a goal of eliminating extreme poverty around the world over the next 17 years. The World Bank's policy committee on Saturday ...
Safety rules limited for small fertilizer plants
There were no sprinklers. No firewalls. No water deluge systems. Safety inspections were rare at the fertilizer company in West, Texas, that exploded ...
West official: Some residents can come home
A town official says the area impacted by a fertilizer plant blast is safe and some residents will be allowed to return to their homes. City Council ...
Automakers target Chinese buyers at Shanghai show
Global and Chinese automakers showcased family-friendly sedans and SUVs targeting coveted urban buyers at China's biggest auto show Saturday as ...
Iran seeks to export oil to North Korea
Iran's oil ministry says the country is considering exporting oil to North Korea as a way to improve its battered economy. The official IRNA news ...
$10M gift spurs restoration at Jefferson's estate
One-time slave quarters will be recreated at Thomas Jefferson's home at Monticello, and more of the Declaration of Independence writer's living ...
Boston travel: Trains, buses halted, planes flying
Mass transportation to and from the Boston area was virtually shut down Friday while police engaged in massive manhunt before capturing a suspect in ...