Economy

MetroPCS shares up as T-Mobile deal is criticized
Investors bet Thursday that T-Mobile USA will have to sweeten its proposal to merge with smaller cellphone carrier MetroPCS Communications Inc.
Cuban Revolution gets video game treatment
Fight your way through mangrove swamps shoulder-to-shoulder with bearded guerrillas clad in the olive green of Fidel Castro and Ernesto "Che" Guevara.
US rate on 30-year mortgage ticks up to 3.57 pct.
Average U.S. rates on fixed mortgages edged up this week but remained near historic lows. Low rates have helped drive the housing market's steady ...
Oil steady above $96 as Cyprus banks reopen
The price of oil was up slightly Thursday after climbing more than $4 in less than a week as financially troubled Cyprus reopened its banks after ...
US economy expands at 0.4 percent rate
The U.S. economy grew at a slightly faster but still anemic rate at the end of last year. However, there is hope that growth accelerated in early 2013 ...
US stock futures rise on last trading day of 1Q
U.S. stock futures are holding onto early gains following a slight uptick in weekly unemployment claims and a marginally brighter outlook on economic ...
OECD: World economy picking up but Europe lagging
The global economy is beginning to rebound, but Europe is lagging behind and unemployment rates, even in countries starting to see growth, are still ...
Dutch coffee company DEMB in buyout talks
D.E. Master Blenders 1753, the Dutch coffee company that was spun off by Sara Lee Corp. last year, said Thursday it is in talks to be acquired by a ...
Panasonic stays in TV business, chairman resigning
Panasonic's president said Thursday the company will persist with trying to fix its money-losing TV business, characterizing an exit from the fiercely ...
German jobless rate dips to 7.3 percent in March
Germany's unemployment rate edged down to 7.3 percent in March even though a traditional springtime upturn was limited by unusually cold weather, ...
Swiss Re settles dispute with Berkshire Hathaway
Swiss Re Ltd., the world's second-biggest reinsurer, says it has settled a dispute with Warren Buffet's firm Berkshire Hathaway, in a deal that will ...
Judge approves American-US Airways merger
American Airlines won bankruptcy court approval Wednesday to combine with US Airways and form the world's biggest airline. "The merger is an excellent ...
BOJ chief says Japan economy on the mend
Japan's economy has stopped weakening and should show signs of recovery by midyear, the newly appointed central bank governor said Thursday, as ...
Asia stocks weighed down by Europe debt woes
Renewed jitters about the debt crisis in Europe sent Asian stock markets lower Thursday. Banks in Cyprus are due to open later Thursday — for limited ...
Wal-Mart says loss likely from bribery probe
Wal-Mart Stores Inc. said it is 'probable' that the world's largest retailer will incur a loss due to ongoing bribery investigations by itself and ...
Publisher speeds up e-book access for libraries
The publisher of Khaled Hosseini, Harlan Coben and other popular authors has decided that it's comfortable with letting libraries offer e-book ...
Ill. man arrested in NJ with stolen Wis. cheese
An Illinois man accused of stealing 21 tons of Wisconsin cheese has been arrested in New Jersey. New Jersey authorities say the 34-year-old man from ...
Oil pulls back from 5-week high; pump price drops
The price of oil rose near the end of trading Wednesday, and has now gone up more than $4 in less than a week. Benchmark oil for May delivery gained ...
Stocks slide, following European markets lower
Worries about Europe weighed on the stock market Wednesday, a day after the Dow Jones industrial average had its biggest gain in three weeks.
Signed contracts to buy US homes dips slightly
Fewer Americans signed contracts to buy homes in February, but the level stayed near a three-year high, and analysts believe sales of previously ...
Court turns away class action against Comcast
The Supreme Court on Wednesday turned away a class action lawsuit against cable provider Comcast Corp., in a decision that could make it harder to ...
BRICS plan development bank to fund infrastructure
Leaders of five of the world's emerging economic powers agreed Wednesday to create a development bank to help fund their $4.5 trillion infrastructure ...
Greece's biggest bank turns a Q4 profit
Greece's biggest bank, National Bank of Greece, has reported a sharply narrower loss for 2012 and even says it made a profit in the final three months ...
Swiss Re cites US weather for big insurance losses
Insurance claims paid out because of natural catastrophes and man-made disasters in 2012 totaled $77 billion globally, making it the third costliest ...
Finnish hotel seeks professional guest for 35 days
Fed up with the neighbors? Pipes burst in the kitchen? Or, you just want to get away from it all for a while? Hotel Finn in the heart of Helsinki ...