Business News

AP News - 11 mins ago

AMSTERDAM (AP) — Royal Philips NV is to split off its lighting division to create two separate companies, the latest in a string of radical restructurings by one of Europe's best-known corporations.Philips, which began as a lighting company back ...more

AP News - 15 mins ago

ATLANTA (AP) — For the first time in nearly a quarter-century, the Atlanta Braves are searching for a general manager.Frank Wren was fired Monday with a week to go in the regular season, taking the fall for a late-season collapse that knocked th ...more

AP News - 23 mins ago

BEIJING (AP) — Global stocks were mostly lower Tuesday following Wall Street's tumble but China rebounded after unexpectedly strong manufacturing eased fears of an economic slowdown.KEEPING SCORE: France's CAC-40 shed 0.6 percent to 4,416.71 and ...more

AP News - 4 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 - 5 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 - 5 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 - 11 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 - 11 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 - 15 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 - 15 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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