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Business News

  • Gold prices rise amid turmoil in Ukraine

    Friday, Jul 25, 1:18 pm
    Gold prices settled higher Friday as unrest in Ukraine and the Middle East draws traders into their hiding spots.Gold for August delivery rose $12.50, or 1 percent, to settle at $1,303.30 an... Read more...
  • House votes to boost child tax credit for some

    Friday, Jul 25, 12:54 pm
    WASHINGTON (AP) -- More families with higher incomes could claim the popular child tax credit under a bill that won approval Friday in the House. But in a dispute that divides Republicans and Democrats,... Read more...
  • Russia: McDonald's food has 'too many calories'

    Friday, Jul 25, 12:18 pm
    MOSCOW (AP) -- Russia's consumer protection agency has filed a suit against McDonald's for allegedly selling food that does not meet legal standards.The case was announced Friday on the website... Read more...
  • Visa, Amazon pull stock market lower

    Friday, Jul 25, 12:18 pm
    NEW YORK (AP) -- Disappointing news on the American consumer, reflected in the results of retail giant Amazon and credit card processor Visa, dragged down the stock market Friday, putting two major... Read more...
  • Alternative funds are drawing dollars, questions

    Friday, Jul 25, 12:06 pm
    NEW YORK (AP) -- They're hot, yet many investors have no idea what they do.These mutual funds go by a few names, and it doesn't help that some are inscrutable like "liquid alts," but they generally... Read more...
  • US to evaluate Impala air bag performance

    Friday, Jul 25, 12:06 pm
    DETROIT (AP) -- The U.S. government's highway safety agency has decided to seek further information from General Motors about air bag failures in some Chevrolet Impala full-size cars.The National... Read more...
  • Russian execs fear lasting damage from plane crash

    Friday, Jul 25, 10:06 am
    MOSCOW (AP) -- Having for months dismissed Western sanctions on Russia as toothless, business leaders here are now afraid that the downing of the Malaysian jetliner will bring about an international... Read more...
  • Molson Coors Brewing CEO to retire at year's end

    Friday, Jul 25, 6:54 am
    DENVER (AP) -- Molson Coors Brewing President and CEO Peter S. Swinburn will retire at the end of the year.The brewing company said Friday that Swinburn will be succeeded in the posts by Mark... Read more...
  • Son of S.Korea sunken ferry owner detained

    Friday, Jul 25, 3:55 am
    SEOUL, South Korea (AP) -- South Korean news agency says the eldest son of the sunken ferry owner has been detained by police after two months on the run.Yonhap News Agency said Friday that Yoo... Read more...
  • UK economy grows to surpass pre-crisis peak

    Friday, Jul 25, 3:48 am
    LONDON (AP) -- Britain's economy has grown to surpass the peak it reached in 2008, before the global banking crisis caused a deep recession, official figures showed Friday.The Office for National... Read more...
  • German business confidence drops for 3rd month

    Friday, Jul 25, 3:24 am
    BERLIN (AP) -- German business confidence fell for a third consecutive month amid ongoing concerns about the economic impact of the crises in Ukraine and the Middle East, though consumer confidence... Read more...
  • Towering worry: Small holes cause big jitters

    Friday, Jul 25, 1:30 am
    SEOUL, South Korea (AP) -- For the developers of the world's sixth tallest building near Seoul, a mysteriously shrinking lake and the appearance of small sinkholes in residential neighborhoods couldn't... Read more...
  • Report: China to declare Qualcomm a monopoly

    Thursday, Jul 24, 9:31 pm
    BEIJING (AP) -- Chinese regulators have concluded Qualcomm Inc., one of the biggest makers of chips used in mobile devices, has a monopoly, a government newspaper reported Friday.Regulators have... Read more...
  • Baidu profit up 34 percent as mobile service grows

    Thursday, Jul 24, 9:00 pm
    BEIJING (AP) -- Baidu Inc., which operates China's most popular search engine, said Friday its quarterly profit rose 34 percent over a year earlier as its mobile business grew.The Beijing-based... Read more...
  • Visa posts higher 3Q profit, revenue

    Thursday, Jul 24, 4:42 pm
    FOSTER CITY, Calif. (AP) -- Visa Inc. said Thursday that its profit climbed 11 percent in its fiscal third quarter versus a year earlier, aided by solid growth in payments volume, service revenue and... Read more...
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