Business News

AP News - 12 mins ago

NEW YORK (AP) — The maker of Pabst Blue Ribbon beer is being sold to Russian company Oasis Beverages for an undisclosed sum.Oasis is buying Pabst with TSG, an investment firm known for its work with consumer products companies. TSG Consumer Part ...more

AP News - 15 mins ago

NEW YORK (AP) — Exxon Mobil said Friday that it will wind down a drilling project in Russia in compliance with U.S. sanctions, but said it received a license to keep working beyond the sanctions' deadline in order to complete the work.U.S. sanct ...more

AP News - 32 mins ago

NEW YORK (AP) — Alibaba's stock is surging as the Chinese e-commerce powerhouse begins its first day trading as a public company.The stock opened at $92.70 and nearly hit $100 on the New York Stock Exchange Friday, a gain of 46 percent from the ...more

AP News - 37 mins ago

The recent spate of high-profile domestic violence cases involving Ray Rice and other NFL players prompted Major League Baseball and the players' union to open talks about the way that sport should deal with such episodes.Even though their colle ...more

AP News - 2 hours ago

WASHINGTON (AP) — Unemployment rates rose in nearly half of U.S. states in August, even as employers in two-thirds of the states added jobs.The Labor Department says unemployment increased in 24 states, fell in 15 and was unchanged in 11. Hiring ...more

AP News - 3 hours ago

WASHINGTON (AP) — A gauge designed to predict the economy's future health rose in August but at a much slower pace than in July.The Conference Board said Friday that its index of leading indicators rose 0.2 percent in August, the seventh straigh ...more

AP News - 4 hours ago

THE HAGUE, Netherlands (AP) — Syrian authorities have declared that they once had a program to produce the deadly toxin ricin, according to an official document of the global chemical weapons watchdog.A report on the website of the Organization ...more

AP News - 5 hours ago

WINSTON-SALEM, N.C. (AP) — Camel and Pall Mall cigarette maker R.J. Reynolds Tobacco Co. is tapping the head of PepsiCo North America's nutrition division as its new president and chief commercial officer.The nation's second-biggest cigarette co ...more

AP News - 9 hours ago

BEIJING (AP) — China fines British drug maker GlaxoSmithKline $492 million, jails executives in bribery case. ...more

AP News - 11 hours ago

HONG KONG (AP) — When Jack Ma founded Alibaba 15 years ago he insisted the e-commerce venture should see itself as competing against Silicon Valley, not other Chinese companies. That bold ambition from a time when China was still a corporate backwater ...more