Business News

AP News - 39 mins ago

FRANKFURT, Germany (AP) — Inflation in the 18 countries that use the euro sank to 0.3 percent in August, a worrying sign of economic weakness that is putting pressure on the European Central Bank to take drastic steps to save a stalling recovery.

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AP News - 1 hour ago

LONDON (AP) — Tesco shares have dropped sharply after Britain's largest retailer by revenue issued another profit warning and slashed its dividend to shareholders by 75 percent.The supermarket giant says market conditions remained challenging, c ...more

AP News - 1 hour ago

KUALA LUMPUR, Malaysia (AP) — Malaysia Airlines will cut 6,000 workers as part of a $1.9 billion overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters.The staff reduction represents about 30 perc ...more

AP News - 1 hour ago

BEIJING (AP) — China's biggest property developer, Wanda Group, and Internet giants Baidu and Tencent unveiled a new e-commerce venture Friday in a challenge to industry leader Alibaba Group ahead of its U.S. stock offering.The three companies s ...more

AP News - 1 hour ago

KUALA LUMPUR, Malaysia (AP) — Key dates in the history of Malaysia Airlines from its start as a one route airline until its almost unfathomable double passenger jet disasters in 2014.1937 — Malayan Airways Ltd., the forerunner of Malaysia Airlin ...more

AP News - 1 hour ago

HONG KONG (AP) — Asian stock markets drifted Friday following Japanese data showing that the region's second biggest economy is struggling to recover from a sales tax hike. European shares were marginally higher even as a report said eurozone inflation ...more

AP News - 2 hours ago

BEIJING (AP) — Tesla Motors Co. and a state-owned Chinese phone carrier announced plans Friday to build 400 charging stations for electric cars in a new bid to promote popular adoption of the technology in China.Plans call for China Unicom Ltd. ...more

AP News - 3 hours ago

BERLIN (AP) — Police say a leftist group is claiming responsibility for an arson attack on Berlin's subway system that is causing delays for thousands of commuters.Police spokesman Klaus Schubert said Friday an anonymous online message from the ...more

AP News - 3 hours ago

ASHEVILLE, N.C. (AP) — Broke and down on his luck, Billy Joe Hurley turned to the only way he knew how to make a living: poaching ginseng.But after his latest in a long string of arrests, federal prosecutors had enough.They told a U.S. ma ...more

AP News - 3 hours ago

WASHINGTON (AP) — The giant African snail damages buildings, destroys crops and can cause meningitis in humans. But some people still want to collect, and even eat, the slimy invaders.The Agriculture Department is trying to stop them. Since June ...more