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Economy News

Air bag maker Takata files for bankruptcy in Japan, US

Japanese air bag maker Takata Corp. has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and ...

UK: All samples from high-rise towers fail fire safety tests

The list of high-rise apartment towers in Britain that have failed fire safety tests grew to 60, officials said Sunday, ...

Over 150 dead as overturned fuel truck explodes in Pakistan

Alerted by an announcement over a mosque's loudspeaker that an overturned tanker truck had sprung a leak, scores of villagers ...

Italy giving 5.2B euros in resources to keep 2 banks open

The Italian government on Sunday made 5.2 billion euros ($5.8 billion) of resources immediately available to keep operative ...

The Latest: 153 killed in Pakistan tanker fire

The Latest on an oil tanker fire in Pakistan that killed more than 140 people (all times local): 12:20 a.m. An announcement ...

Bahrain newspaper, shut down by government, lays off staff

A prominent independent newspaper in Bahrain earlier shut down by the government as part of a crackdown on dissent has laid ...

Italian PM 'guarantees' savers' accounts in 2 troubled banks

Italy's premier says holders of accounts in two troubled Italian banks will have their savings guaranteed despite insolvency ...

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Trump OKs Drones to India Ahead of Modi Visit

The Trump administration has authorized the sale of unarmed surveillance drones to India, the manufacturer said Friday, as ...

Lesley McSpadden, Lezley McSpadden, Michael Brown, Sr.

Ferguson attorney: Brown family settlement $1.5 million

The $1.5 million awarded this week to the parents of Michael Brown is the latest of several large settlements involving ...

Sears closes another 20 stores

Sears is closing another 20 stores as the ailing retailer tries to turn around its business. Real estate investment trust ...

John Parisi, Charles Boeddinghaus

US indexes inch higher as energy stocks claw from the hole

U.S. stock indexes nudged higher Friday after energy companies clawed back some of their sharp losses from earlier in the ...

Honda denies covering up dangers of Takata air bags

Honda is going public in an effort to debunk claims by lawyers that it knew about the hazards of exploding Takata air bag ...

Italian farmers alarmed as dry spell prompts water rationing

Italy's farm lobby is warning that agricultural production is plummeting nationwide because of prolonged heat and dry weather ...

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Manslaughter Charges Eyed in Deadly UK Tower Fire

Police are considering filing manslaughter charges related to the fire at a west London apartment tower that killed at least ...

New homes sales rebounded 2.9 percent in May

Sales of new homes rebounded in May, helped by strong sales gains in the South and West. Sales new single-family homes rose 2

Corruption, economic crisis overshadow Mongolian election

Mongolians will vote for a new president on Monday in a race pitting a horse salesman against a former judo star and a ...

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AP Top Stories June 23 A

Here's the latest for Friday, June 23rd: Senate Republican health care plan needs votes; North Korea denies torturing Otto ...

Toshiba gets earnings report extension, faces delisting risk

Money-losing Japanese electronics and nuclear company Toshiba Corp. has until Aug. 10 to get auditors to sign off on its ...

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Teens Don’t Work Summer Jobs Like They Used To

Once a teenage rite of passage, the summer job is vanishing. According to the Department of Labor, just 36 percent of ...

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Brilliant Or Boondoggle? Trump Touts Solar Wall

President Donald Trump wants to add solar panels to his long-promised southern border wall — a plan he says would help pay ...

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