Business News

TIMIKA, Indonesia (AP) — Rescuers recovered five more bodies from a collapsed underground room at a giant U.S.-owned gold and copper mine in Indonesia, bringing the confirmed death toll to 14, police said Monday. Fourteen other workers were still missi ...more

BANGKOK (AP) — Evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher Monday.A gauge of future economic activity issued Friday rose more than expected, a sign that the world's biggest economy is improving. Cons ...more

CAMARILLO, Calif. (AP) — The average U.S. price of a gallon of gasoline has jumped 11 cents over the past two weeks.The Lundberg Survey of fuel prices released Sunday says the price of a gallon of regular is $3.66. Midgrade costs an average of $ ...more

BEIJING (AP) — A businesswoman in southern China has been sentenced to death in the government's latest crackdown on underground lending that is widely used by entrepreneurs.The Intermediate People's Court of Wenzhou, a center for private sector ...more

SEOUL, South Korea (AP) — South Korea is analyzing whether projectiles North Korea fired into its eastern waters over the weekend are short-range missiles or a new type of artillery the country may be developing, officials said Monday.North Kore ...more

WASHINGTON (AP) — Former Navy Secretary Richard J. Danzig, who has served as a bio-warfare adviser to the president, the Pentagon, and the Department of Homeland Security, urged the government to stockpile an anti-anthrax drug while serving as a direct ...more

WELLINGTON, New Zealand (AP) — Hundreds of tons of frozen mutton, lamb and beef from New Zealand have been stranded on Chinese docks after China halted imports from the country due to a certification dispute.China is New Zealand's largest export ...more

ZEPHYRHILLS, Fla. (AP) — Some lucky person walked into a Publix supermarket in suburban Florida over the past few days and bought a ticket now worth an estimated $590.5 million — the highest Powerball jackpot in history.But it wasn't Matthew Bog ...more

NEW YORK (AP) — It's the narcissist rally.Sure, there are plenty of forces pushing stocks higher — record corporate earnings, small investors finally buying again, signs the U.S. economy may be strengthening, central banks flooding the financial ...more

NEW DELHI (AP) — Just weeks after a tense border standoff, China's new premier visited India on Sunday on his first foreign trip as the neighboring giants look to speed up efforts to settle a decades-old boundary dispute and boost economic ties. ...more