Economy

Greek gov't in deep crisis over state broadcaster
Greece's fragile governing coalition failed to reach a compromise Wednesday about the closure of the state-run ERT broadcaster. That left the ...
Stocks slide on Wall Street; Dow below 15,000
The stock market ended lower Wednesday as traders looked ahead to a critical Federal Reserve meeting next week. Without any major economic news, ...
H&R Block 4Q profit rises, but misses Street view
H&R Block Inc. said last-minute changes to tax laws, a delayed start to the filing season and new fraud controls created hurdles for the company in ...
CEO of bailed-out Royal Bank of Scotland to leave
Bailed-out U.K. lender Royal Bank of Scotland said Wednesday that Stephen Hester will step down as chief executive later this year — a move that ...
Facebook introduces hashtags
Facebook is introducing hashtags, the number signs used on Twitter, Instagram and other services to identify topics being discussed and allow users ...
Strike over EU plan disrupts European flights
A strike by air traffic controllers forced cancellations of more than 60 percent of flights around France and disrupted travel elsewhere in Europe on ...
AP Interview: Bleak outlook for West Bank economy
The Palestinians this week replaced one internationally respected, U.S.-trained economist with another in hopes of solving long-running problems in ...
Iraq targets 4.5 million barrels a day for 2014
A senior Iraqi official on Wednesday said his country expects to ramp up oil production to 4.5 million barrels per day by the end of next year from ...
Fiat: supplier delays will force shutdowns
Italian carmaker Fiat says it will temporarily stop production at some European car plants in the coming days due to insufficient deliveries of ...
Norway gives 29 companies Arctic oil, gas licenses
Norway has given companies new licenses to explore and drill for oil and gas off its coast, mainly in the Barents Sea in the Arctic region.
US chief executives more optimistic about hiring
Chief executives for the largest U.S. companies are more optimistic about sales over the next six months and plan to add more workers. The Business ...
BP: Global demand for energy slows
Global demand for oil, gas, coal and nuclear power grew at a slower pace last year due to weak economic growth, recession and increased efficiency, ...
HP shares rise after positive talk from CEO
Shares of Hewlett-Packard Co. are jumping after CEO Meg Whitman reiterated that revenue could grow next fiscal year. The computer and printer maker's ...
Vodafone makes approach for German cable company
Mobile phone company Vodafone has approached Germany's biggest cable operator about a possible takeover. Vodafone said Wednesday It has had ...
Pfizer settles Protonix patent case for $2.15B
Two generic drugmakers will pay $2.15 billion to Pfizer and Takeda Pharmaceutical to settle a patent fight over the heartburn treatment Protonix.
Japanese carrier's Boeing 787 has engine problem
A Japanese carrier's Dreamliner had engine trouble before takeoff Wednesday, a day after a rival airline had a problem on another 787 plane.
Agency: Opting for overdrafts means higher fees
A U.S. agency says consumers who opt for overdraft coverage on their checking accounts pay higher fees and are more likely to have their accounts ...
US stocks end a choppy day with a loss
Renewed concerns that central banks will ease off their support for the global economy hit the U.S. stock market Tuesday. Indexes began sliding from ...
Dole CEO makes buyout bid; values co. at $1.07B
Dole Food Co.'s Chairman and CEO David Murdock and his family on Tuesday offered to buy the fresh fruits and vegetable business with a bid that values ...
Analysts: Midwest drivers to see lower gas prices
The worst may be over for drivers in the upper Midwest who have been grappling with the highest gasoline prices in the continental U.S. Analysts said ...
Greek state TV, radio broadcasts go off the air
Greek state TV and radio were gradually pulled off the air late Tuesday, hours after the government said it would temporarily close all state-run ...
HUD: Race affects homebuying, renting
Minority renters and homebuyers deployed to test for housing discrimination did not run into the blatant discrimination of four decades ago, but were ...
EU nations battle over air traffic control plans
A massive battle is taking place in the skies over Europe — and airplane passengers across the continent are feeling its effects. A plan to simplify ...