Business News

High fructose corn syrup won't get a wholesome new name after all.The Food and Drug Administration on Wednesday rejected the Corn Refiners Association's bid to rename its sweetening agent "corn... more

The White House says President Barack Obama has discussed developments in Europe with leaders of Germany, France and Italy before an upcoming economic summit in Mexico.<a class="tagLink"... more

The House has passed a bill that would increase inspections of drug manufacturing facilities overseas, while also accelerating approval of new drugs at home.Under the House bill, passed 387-5 late... more

Attorneys for the file-sharing site Megaupload.com and its founder Kim Dotcom are challenging the federal government's piracy case against them even before company officials have been brought to... more

The National September 11 Memorial and Museum has marked the 10th anniversary of the end of cleanup operations at the site with a tribute to recovery workers and first responders.Mayor Michael... more

Hosni Mubarak's two sons were accused Wednesday with insider trading in a new case opened just three days before they and their elderly father are to hear the verdict in a separate trial on... more

The drop in a key interest rate to a 66-year low is a sign of one thing _ fear.Traders don't actually think a Treasury note paying 1.62 percent is a good investment. They just trust Uncle Sam to... more

Critics of a garbage plant near LaGuardia Airport urged a federal appeals court on Wednesday to force the city to defend itself against claims the facility will increase the hazard of collisions... more

New York?s Sikh and Muslim transit workers will be allowed to wear religious head coverings without a government agency logo after years of bitter legal battles that started after the 9/11 terror... more

A contractor hired by New York City to overhaul its 911 system may have received as much as $163 million in unjustified payments, city Comptroller John Liu announced Wednesday, saying he had asked... more

Fearing a financial rupture in Europe, investors around the world fled from risk Wednesday. They punished stocks and the euro and flocked to bonds, driving the yield on the benchmark 10-year U.S.... more

Billionaire investor Carl Icahn is proposing a new slate of directors to the board of drugmaker Forest Laboratories Inc.In a form filed Wednesday with the Securities and Exchange Commission, Icahn... more

The former top media adviser to Prime Minister David Cameron was arrested and charged with perjury Wednesday in the trial of a flamboyant ex-Scottish lawmaker _ the latest case tied to allegations... more

Billionaire investor Carl Icahn is proposing a new slate of directors to the board of drugmaker Forest Laboratories Inc.In a form filed with the Securities and Exchange Commission, Icahn says he... more

Inadequate preschooling is causing Michigan students to fall behind early, making it harder to develop the talented workforce needed for the state to be competitive, business leaders said... more

A judge warned lawyers in an insider trading case not to start a game of "gotcha" Wednesday after a prosecutor claimed a defense lawyer was celebrating in front of jurors whenever he thought he... more

Southwest Airlines is planning to offer international service out of Houston's Hobby Airport with the city council's adoption of a $100 million plan to expand the airport and add international... more

Many small businesses struggle to afford health insurance for their workers, but a a new tax credit meant to help them seems to be turning into a disappointment.Although opinion polls show the... more

Exxon Mobil Corp. shareholders voted on nine items at the oil giant's annual meeting Wednesday in Dallas. Here are some of the results:_ Approved nonbinding measure on setting officer pay._ Urged... more

Want to close your bank account? It could cost you as much as $55.In a survey of the practices of the 10 largest banks in the country _ including JPMorgan Chase, Bank of America, Citibank and... more

PepsiCo Inc. is lifting the curtain on its music partnership with Twitter, saying it plans to offer its followers chances to win free downloadable songs through the social media site starting... more

When Josh King heard that small businesses could get a tax credit for offering health insurance to employees, his reaction was, "cool, that'll save us some money."Then he looked at the not-so-fine... more

Exxon Mobil Corp.'s CEO had a good year in 2011 _ he got compensation valued at $25.2 million. Shareholders had a good year too, so on Wednesday they gave their approval to the oil giant's... more

Here is a summary of recent financial reports for selected entertainment companies:April 12: Coinstar Inc. raises its first-quarter and full-year revenue guidance on the popularity of its Redbox... more

A gauge of Americans who signed contracts to buy homes fell in April from nearly a two-year high in the previous month.The decline was the biggest in a year. Still, sales are well ahead of last... more