Business News

AP News - 10 minutes ago

BERLIN (AP) — The European Central Bank says contact data have been stolen from a database that serves its public website, though it's stressing that no internal systems or market-sensitive data were compromised.The Frankfurt-based central bank ...more

AP News - 18 minutes ago

TAIPEI, Taiwan (AP) — Stormy weather trailing behind a typhoon was the likely cause of a plane crash on a Taiwanese island that killed 48 people on board and injured 10 on the plane and five on the ground, the airline said Thursday.The ATR-72 op ...more

AP News - 19 minutes ago

NEW DELHI (AP) — Twelve children were killed Thursday when a train crashed into their school bus at an unmanned railroad crossing in southern India, police said.The bus driver also died while another 16 children ages 7 to 14 were injured and hos ...more

AP News - 33 minutes ago

TOKYO (AP) — World shares were rattled Thursday by reports the European Union is weighing stiffer financial sanctions against Russia.A further pickup in China's manufacturing in July failed to lift markets which have been unnerved the past week ...more

AP News - 48 minutes ago

MADRID (AP) — Official figures show that Spain's unemployment rate edged down to 24.5 percent in the second quarter from 25.9 percent in the previous three-month period, a further sign that the economy's recovery is gaining traction and making solid in ...more

AP News - 1 hour ago

HELSINKI (AP) — Telecommunications and wireless equipment maker Nokia Corp. says second-quarter profit rose 20 percent to 213 million euros ($285 million) on the back of improved profitability of its key networks unit.Net sales in the April to J ...more

AP News - 1 hour ago

WASHINGTON (AP) — After spending nearly $300 million on a new computer system to handle disability claims, the Social Security Administration still can't get it to work. And officials can't say when it will.Six years ago, Social Security embarke ...more

AP News - 2 hours ago

GENEVA (AP) — Swiss drugmaker Roche Holding AG on Thursday posted a net profit drop of 7 percent compared with a year ago, weighed down by a strong Swiss franc and charges from one of its diagnostic units.The world's biggest manufacturer of canc ...more

AP News - 2 hours ago

SEOUL, South Korea (AP) — LG Electronics Inc. said Thursday its quarterly profit more than doubled as its mobile division ended three quarters of losses.The South Korean consumer electronics company said its net income for the April-June quarter ...more

AP News - 2 hours ago

BEIJING (AP) — The chairman of an American meat supplier apologized Thursday for a Chinese subsidiary that is accused of selling expired beef and chicken to restaurants including McDonald's and KFC.Fast food chains in China suspended use of prod ...more