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Business

  • Unicredit 1Q earns drop by half

    Italy's largest bank, Unicredit, reports net profit dropped by half in the first quarter of 2013 due to lower interest and trading income. The bank ... 

  • Moody's downgrades U.K.'s Co-operative bank

    The Co-operative Bank on Friday sought to reassure its customers that it didn't need a government bailout after Moody's Investors Service downgraded ... 

  • Whole Foods mixes up chicken, vegan salads

    Whole Foods Market Inc. said that labels on a chicken salad and those on a vegan version were reversed at some of its cold food bars in the Northeast. 

  • Oil drops below $95 a barrel as dollar rises

    The price of oil dropped below $95 a barrel on Friday as a strengthening dollar made crude more expensive for traders using other currencies. By early ... 

  • Northern Ireland reserves jail space for G-8 riots

    Northern Ireland security chiefs say arrested troublemakers at the G-8 summit next month may be housed in a prison wing and in an abandoned British ... 

  • US officials probe Corvette headlamp problem

    U.S. auto safety regulators are investigating complaints that the low-beam headlights can go dark without warning on some Chevrolet Corvettes. 

  • IMF says monetary easing could drive asset bubble

    International Monetary Fund officials say they are watching carefully for signs that massive flows of cash unleashed in world markets by unprecedented ... 

  • Futures rise, setting up solid gains for the week

    Stock futures are rising and all major markets appear to be headed for solid gains this week. Dow Jones industrial futures are up 46 points to 15,090. 

  • Panasonic reports big loss but forecasts profit

    Japanese consumer electronics giant Panasonic Corp. on Friday reported a near-record net loss of 754 billion yen ($7.5 billion) for the fiscal year ... 

  • Shattered EU dreams at heart of Bulgarian election

    The big theme of Bulgaria's parliamentary elections this weekend: mounting frustration over the widening gap between the giddy hopes linked to EU ... 

  • NASA: Space station power system radiator leaking

    The International Space Station has a radiator leak in its power system. The outpost's commander calls the situation serious, but not life-threatening 

  • Cruise company: Couple's fall likely no accident

    The cruise ship railing over which an Australian couple fell into the ocean was higher than industry regulations required and was designed to prevent ... 

  • German exports 0.5 percent higher in March

    German exports rose 0.5 percent in March compared with the previous month, a figure that follows promising data on industrial orders and production ... 

  • NYC weighs allowing many immigrants to vote

    Agha Saleh came to the United States inspired by democratic ideals, but it took him years to achieve a basic one here : voting. He'd lived through ... 

  • Bangladesh factory collapse death toll hits 1,034

    The death toll from a garment factory building that collapsed more than two weeks ago outside the Bangladeshi capital soared past 1,000 on Friday, ... 

  • 2 cruise passengers fall overboard off Australia

    No trace of an Australian couple believed to have fallen off a cruise ship has been found despite an intense, day-long search, officials said Friday. 

  • Japan Nikkei jumps as dollar passes 100-yen mark

    Japan's benchmark stock index surged Friday after the dollar hit a four-year high against the yen. Gains were modest elsewhere as traders digested a ... 

  • Feds in NYC: Hackers stole $45M in ATM card breach

    A worldwide gang of criminals stole $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then draining ... 

  • American Airlines settles safety claims for $24.9M

    American Airlines has agreed to pay $24.9 million to settle $162 million in potential fines that were proposed by U.S. safety regulators. 

  • Katherine Jackson

    Makeup artist says Jackson was pushed to rehearse

    Michael Jackson's longtime makeup artist testified Thursday that she overhead an executive for concert promoter AEG Live insist that the singer ... 

  • Philip Falcone

    Hedge fund manager Falcone to settle fraud case

    Billionaire hedge fund manager Philip Falcone and his firm have agreed to pay $18 million to settle civil fraud charges that he used fund money to pay ... 

  • Calif. sues JPMorgan Chase over debt collection

    California's attorney general sued one of the nation's largest banks Thursday, alleging that JPMorgan Chase & Co. used illegal tactics in its efforts ... 

  • Barack Obama

    Obama, in Texas, presses middle-class jobs agenda

    Offering a more upbeat view of the economy, President Barack Obama resurrected his jobs proposals Thursday, advancing modest initiatives as he pushed ... 

  • YouTube's new pay channels go from campy to kids

    Roger Corman's campy B movies, children's shows like "Sesame Street" and "Inspector Gadget," and inspirational monologues by celebrities — these are ... 

  • Hezbollah: Syria to supply weapons to militia

    Syria will supply "game-changing" weapons to Hezbollah, the chief of the Lebanese militant group said Thursday, less than a week after Israeli ... 

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