Business News

AP News - 30 minutes ago

TAIPEI, Taiwan (AP) — Several underground gas explosions killed 22 people and injured 270 others in Taiwan's second-largest city, authorities said Friday.The National Fire Agency said four firefighters were among the dead. Taiwan's Central News ...more

AP News - 33 minutes ago

WASHINGTON (AP) — The Obama administration is overhauling poultry plant inspections for the first time in more than 50 years, a move it says could result in 5,000 fewer foodborne illnesses each year.Final rules announced Thursday would reduce th ...more

AP News - 36 minutes ago

BUENOS AIRES, Argentina (AP) — Argentina entered economic limbo Thursday, forced into a default that could undermine an already frail economy if a dispute with U.S. creditors is not resolved soon.President Cristina Fernandez and her economy mini ...more

AP News - 2 hours ago

PALO ALTO, Calif. (AP) — Electric car maker Tesla Motors widened its loss in the second quarter as it prepared for the launch of a new SUV and started work on a massive new battery plant.Tesla said it started preparing a site for the factory out ...more

AP News - 3 hours ago

WASHINGTON (AP) — NASA plans to make oxygen — a key ingredient of rocket fuel — on Mars early next decade.Space agency officials Thursday unveiled seven instruments they plan to put on a Martian rover that would launch in 2020, including two dev ...more

AP News - 5 hours ago

WASHINGTON (AP) — The fees that banks charge debit-card users who overdraw their accounts usually cost more than the items being bought.That's the result of a study that the Consumer Financial Protection Bureau released Thursday.Large ban ...more

AP News - 5 hours ago

NEW YORK (AP) — Small-cap stocks are getting the cold shoulder, unless they come with a nice accent.Stocks of smaller U.S. companies have dropped this year following a spate of warnings that they've become too expensive. But investors continue t ...more

AP News - 6 hours ago

TOKYO (AP) — American electric car maker Tesla Motors Inc. is teaming up with Japanese electronics company Panasonic Corp. to build a battery manufacturing plant in the U.S. expected to create 6,500 jobs.The companies announced the deal Thursday ...more

AP News - 6 hours ago

WASHINGTON (AP) — The Food and Drug Administration has approved a new long-acting inhaler drug from Boehringer Ingelheim to treat people with chronic lung disease.The agency approved Striverdi Respimat for chronic obstructive pulmonary disease, ...more

AP News - 6 hours ago

NEW YORK (AP) — Kellogg's cereal sales are struggling, in part because Special K is falling out of fashion with dieters.The company, based in Battle Creek, Michigan, said Thursday that its profit fell 16 percent in the second quarter as its flag ...more