Business News

AP News - 13 mins ago

LONDON (AP) — Tesco, Britain's largest retailer by revenue, has suspended four executives and launched an accounting investigation after admitting that its half-year profit was overstated by 250 million pounds ($407 million).The accounting irreg ...more

AP News - 1 hour ago

SEOUL, South Korea (AP) — Samsung Electronics Co., which faces a slowdown in emerging market smartphone sales, will release its long-delayed Tizen-powered handset in India before the end of this year, a report said Monday.Samsung's first Tizen-b ...more

AP News - 1 hour ago

BERLIN (AP) — It's lunchtime at Tauro and the restaurant staff are bustling to keep up with orders for marinated pork ribs, spinach-filled crepes and chicken breast with ricotta and pine kernels.The 800-seat eatery caters to Berlin's affluent Pr ...more

AP News - 1 hour ago

TOKYO (AP) — Stock markets fell Monday ahead of a preliminary manufacturing survey from China that might show renewed weakness in the world's second-largest economy.KEEPING SCORE: Britain's FTSE 100 fell 0.3 percent to 6,799.98 after shares in m ...more

AP News - 5 hours ago

BEIJING (AP) — A U.S. meat supplier said Monday it is laying off most of the workforce of a Chinese subsidiary accused of selling expired beef and chicken to McDonald's, KFC and other major restaurant chains.Shanghai Husi Food Co. has been under ...more

AP News - 5 hours ago

CAPE CANAVERAL, Fla. (AP) — NASA's Maven spacecraft arrived at Mars late Sunday after a 442 million-mile journey that began nearly a year ago.The robotic explorer fired its brakes and successfully slipped into orbit around the red planet, offici ...more

AP News - 6 hours ago

PRATTVILLE, Ala. (AP) — Mi Jung Hur held off top-ranked Stacy Lewis on Sunday to win the Yokohama Tire LPGA Classic, finishing with a 6-under 66 for a tournament-record 21-under 267 total.The 24-year-old South Korean player birdied four of the f ...more

AP News - 8 hours ago

HOUSTON (AP) — German electronics and engineering company Siemens AG has reached a deal to acquire oilfield equipment maker Dresser-Rand for $7.6 billion.Under the deal announced early Monday in Germany, Siemens will pay $83 per common share of ...more

AP News - 9 hours ago

PONTE VEDRA BEACH, Fla. (AP) — Derek Fathauer won the season-ending Web.com Tour Championship on Sunday to top the four-event Web.Com Tour Finals money list and earn a full PGA Tour exemption.Fathauer finished with a 2-under 68 for a one-stroke ...more

AP News - 9 hours ago

DAYTONA BEACH, Fla. (AP) — Norway's Marita Engzelius eagled the first hole of a playoff Sunday to win the season-ending Symetra Tour Championship, and the top 10 on the money list earned LPGA Tour cards.Engzelius hit a 7-wood to 5 feet to set up ...more