Business News

AP News - 5 hours ago

NEW YORK (AP) — Woman's clothing retailer J.Jill said Tuesday that it is being acquired by an investment management firm.J.Jill, which is based on Quincy, Massachusetts, has about 250 stores around the country that sell clothing, shoes and acces ...more

AP News - 5 hours ago

LONDON (AP) — European stock markets drifted Tuesday despite further evidence of a burgeoning economic recovery across the 19-country eurozone. Trading, as is often the case at the end of the quarter, was impacted by traders looking to close out positi ...more

AP News - 7 hours ago

NEW YORK (AP) — The audio and electronic systems company Harman International Industries Inc. will buy Bang & Olufsen Automotive for about $157.3 million.Bang & Olufsen makes sound systems, which are available in high-end luxury cars inc ...more

AP News - 7 hours ago

LONDON (AP) — The 19-country eurozone isn't going to be the driving force of the global economy anytime soon, but it's increasingly evident that its numbers are heading the right way.Official figures Tuesday raised hopes that the current bout of ...more

AP News - 8 hours ago

ANKARA, Turkey (AP) — Dozens of Turkish cities and provinces on Tuesday were hit by a massive power outage that brought transportation to a standstill and disrupted services and businesses which had no backup power.The Turkish Electricity Transm ...more

AP News - 8 hours ago

LONDON (AP) — Britain's national statistics agency says the economy grew faster than previously thought last year.Figures from the Office of National Statistics show that the country's gross domestic product expanded 2.8 percent, compared with t ...more

AP News - 9 hours ago

TOKYO (AP) — Japan is not planning to join the China-led Asian Infrastructure Investment Bank, its government spokesman said Tuesday, while Taiwan announced it would apply for membership, joining dozens of countries in signing up to an initiative oppos ...more

AP News - 9 hours ago

BEIJING (AP) — Huawei Technologies Ltd., one of the world's biggest makers of telecommunications equipment, said Tuesday its 2014 profit rose 33 percent, helped by strong sales of smartphones.The company based in the southern Chinese city of She ...more

AP News - 11 hours ago

THE HAGUE, Netherlands (AP) — Electronics giant Philips says it is selling a majority stake in its LED components and automotive lighting division to a consortium led by investment fund GO Scale Capital in a deal worth up to $2.9 billion.Philips ...more

AP News - 14 hours ago

WASHINGTON (AP) — Sarah Dieffenbacher is on a debt strike. She's refusing to make payments on the more than $100,000 in federal and private loans she says she owes for studies at a for-profit college that she now considers so worthless she doesn't incl ...more