Business News

AP News - 38 minutes ago

JINDO, South Korea (AP) — The South Korean ferry that sank was crippled by confusion and indecision well after it began listing, a radio transcript released Sunday showed, suggesting the chaotic situation may have added to a death toll that could event ...more

AP News - 8 hours ago

BEIJING (AP) — Ford Motor Co. on Sunday unveiled a new Escort sedan designed in China for global sale at a Beijing auto show that highlighted the growing influence of Chinese tastes on the industry.Automakers are looking to China's biggest auto ...more

AP News - 8 hours ago

BEIJING (AP) — The president of General Motors said Sunday that the company and local partners are boosting production capacity for GM-brand vehicles in China to 5 million.Speaking at the Beijing auto show, Dan Ammann said the company also expec ...more

AP News - 10 hours ago

MADRID (AP) — A Spanish businessman suspected of having dealt in millions of dollars of fake art has been arrested during Easter festivities in southern Spain, officials said Sunday.Art dealer Jose Carlos Bergantinos Diaz, who is wanted for frau ...more

AP News - 10 hours ago

JINDO, South Korea (AP) — The following is a portion of the transcript released Sunday by the South Korean coast guard of the conversation between the ferry that sank Wednesday and the Jindo Vessel Traffic Services Center (VTS) on Jindo island. The fer ...more

AP News - 11 hours ago

MOKPO, South Korea (AP) — It is a decision that has maritime experts stumped and is at odds with standard procedure: Why were the passengers of the doomed South Korean ferry told to stay in their rooms rather than climb on deck?Evacuations can b ...more

AP News - 12 hours ago

DUBAI, United Arab Emirates (AP) — One lucky citizen of the oil-rich United Arab Emirates could soon get the chance to be rocketed into space.Government-backed Aabar Investments on Sunday announced the start of a competition to award an Emirati ...more

AP News - 14 hours ago

JINDO, South Korea (AP) — A transcript released Sunday of communications with the South Korean ferry that sank details crippling confusion and indecision, with a crew member questioning whether an evacuation was the right move well after the ship began ...more

AP News - 20 hours ago

SCARBOROUGH, Maine (AP) — John C. Houbolt, an engineer whose contributions to the U.S. space program were vital to NASA's successful moon landing in 1969, has died. He was 95.Houbolt died Tuesday at a nursing home in Scarborough, Maine, of compl ...more

AP News - 22 hours ago

BEIJING (AP) — Global and Chinese automakers are looking to the Beijing auto show to help boost sales in a slowing, intensely competitive market.Brands from General Motors Co. to Chinese SUV maker Great Wall Motors are unveiling new and restyled ...more