Business News

AP News - 1 hour ago

WASHINGTON (AP) — The Obama administration's decision to curb the ability of U.S. corporations to skirt taxes by merging with foreign companies has kicked off an election-season debate, with Democrats and Republicans arguing over when and how to tackle ...more

AP News - 2 hours ago

BEIJING (AP) — Chinese production and export of police equipment primarily used for torture, such as electric shock wands and neck-and-wrist cuffs connected by a chain, has grown dramatically, enabling human rights violations at home and abroad, Amnest ...more

AP News - 3 hours ago

BEIJING (AP) — Chinese stocks rebounded Tuesday on unexpectedly strong manufacturing but other Asian markets fell following Wall Street's tumble.KEEPING SCORE: The Shanghai Composite Index gained 0.2 percent to 2,293.71 and Sydney's S&P/ASX ...more

AP News - 3 hours ago

HONG KONG (AP) — Growth in China's sprawling manufacturing industry unexpectedly ticked higher in September, according to a report Tuesday, easing concerns about the No. 2 economy's recovery.HSBC's purchasing manager index edged up to 50.5 this ...more

AP News - 10 hours ago

WASHINGTON (AP) — Interest rates on short-term Treasury bills fell in Monday's auction, with rates on three-month bills dropping to their lowest point since late 2011.The Treasury Department auctioned $24 billion in three-month bills at a discou ...more

AP News - 10 hours ago

Worries about growth in China and a slide in the price of oil pushed the stock market to its biggest loss in almost seven weeks. Investors are nervous about China following soft economic data that suggest the world's second-largest economy is slowing d ...more

AP News - 13 hours ago

LONDON (AP) — Tesco, the world's second-largest supermarket chain after Walmart, has suspended four executives and launched an accounting investigation after admitting that its half-year profit was overstated by 250 million pounds ($407 million).

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AP News - 14 hours ago

LOS ANGELES (AP) — Former New York City Mayor Rudy Giuliani is joining a video game company's legal fight against disgraced Panamanian dictator Manuel Noriega, who is suing Activision over his inclusion in one of its popular "Call of Duty" games.

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AP News - 15 hours ago

WASHINGTON (AP) — Charles Plosser, a leading inflation "hawk" at the Federal Reserve, announced Monday that he plans to retire March 1.Plosser, who has been president of the Fed's Philadelphia regional bank since August 2006, has been a leader o ...more

AP News - 15 hours ago

FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi defended the bank's new stimulus programs as he warned that the weak economic recovery in the eurozone "is losing momentum."Draghi told members of the European parliament Monday t ...more