Business News

AP News - 7 minutes ago

SEOUL, South Korea (AP) — Officials say two trains have collided head-on in eastern South Korea, leaving one passenger dead and dozens of others injured.Fire officials say the collision between two passenger trains occurred Tuesday in the easter ...more

AP News - 34 minutes ago

GENEVA (AP) — Credit Suisse, Switzerland's second-biggest bank, posted a second-quarter net loss of 700 million Swiss francs ($779 million) Tuesday after paying the largest penalty ever imposed in a U.S. criminal tax case.The steep loss contrast ...more

AP News - 1 hour ago

BEIJING (AP) — A suspect meat scandal in China engulfed Starbucks and Burger King on Tuesday and spread to Japan where McDonald's said the Chinese supplier accused of selling expired beef and chicken had provided 20 percent of the meat for its chicken ...more

AP News - 3 hours ago

MOSCOW (AP) — An assassination attempt against Russian President Vladimir Putin. A desperate ploy to draw the West into the battle for Ukraine's east. A botched mission to commit mass murder against Russian citizens.Russian news consumers are ge ...more

AP News - 3 hours ago

SPOKANE, Wash. (AP) — Firefighters and local authorities are heartened by weather forecasts that call for continued cooler temperatures and higher humidity as they battle a destructive wildfire that has charred hundreds of square miles in Washington st ...more

AP News - 3 hours ago

SEOUL, South Korea (AP) — South Korean police said Tuesday that a badly decomposed body found surrounded by liquor bottles in a field last month was that of a fugitive billionaire businessman blamed for April's ferry disaster that killed more than 300 ...more

AP News - 4 hours ago

DETROIT (AP) — Workers and retirees approved pension cuts in Detroit's bankruptcy by a landslide, the city reported Monday, a crucial step to emerging from the largest municipal insolvency in U.S. history.The city disclosed results from two mont ...more

AP News - 5 hours ago

HONG KONG (AP) — Imax and China's biggest state-owned film exhibitor are teaming up to open 19 giant screen cinemas in the world's No. 2 movie market.Imax Corp. and Shanghai Film Corp. said Tuesday that a "significant number" of the theaters wil ...more

AP News - 6 hours ago

SEOUL, South Korea (AP) — South Korean police said Tuesday that they have found a body of a fugitive billionaire businessman sought over April's ferry disaster that left more than 300 people dead or missing.The body was found in an agricultural ...more

AP News - 6 hours ago

DALLAS (AP) — Big 12 Commissioner Bob Bowlsby had a dire warning Monday for anyone who likes intercollegiate athletics the way they are now."You're going to hate it going forward," Bowlsby said. "There's a lot of change coming."During his ...more