Business News

China sentences 16 from Australia's Crown Resorts…

Officials say a Chinese court has sentenced 16 Australian and Chinese employees of a casino company to nine to 10 months in prison after they pleaded guilty to gambling-related charges

Global markets higher after Wall Street rebound

Global stock markets have risen after Wall Street rebounded from losses to end the week higher on stronger oil and gas prices

SeaWorld Is Being Investigated For Its Response…

Two government agencies have subpoenaed SeaWorld officials about how they responded to the fallout from the "Blackfish" documentary.

Germany: sausage makers use loophole to skip antitrust fines

Germany's antitrust authority says it had to revoke 238 million euros ($266 million) in fines imposed on sausage manufacturers for price collusion because the companies used a now-closed loophole in competition law

Air bag recalls, lawsuits lead Takata to file for…

Japanese air bag maker Takata Corp. files for bankruptcy protection in Tokyo and the U.S., overcome by lawsuits and recall costs

AdChoices Icon

EU weighs retaliatory measures as US eyes steel tariffs

A top EU trade official says the bloc is preparing retaliatory measures in case the United States goes ahead with plans to slap steel tariffs on imports from the EU

Portugal airline chief complains of drone near-misses

The head of Portugal's national airline says he is considering asking authorities to order that all drones in the country be grounded, following a series of near-misses with commercial aircraft

Coal on the rise in China, US, India after major…

China, the United States and India have been ramping up coal mining in 2017, making an abrupt departure from last year's record global declines for the heavily-polluting fuel

N Ireland party signs deals to support UK…

The leader of a Northern Ireland-based party has struck a 1.5 billion pound ($1.9 billion) deal with British Prime Minister Theresa May's Conservatives to support her minority government in a crucial vote on her legislative package later this week

Trump scrambles for GOP health votes; budget…

Senate Republicans skeptical about a GOP health overhaul bill are expressing some doubt about holding a vote this week as they await a key analysis from the nonpartisan Congressional Budget Office

Q&A: Why a tax overhaul is such a tough job for…

Q&A: If Republicans are known for cutting taxes, why has overhauling the tax code turned into such a struggle?

AdChoices Icon

Back to Switzerland for Cyprus peace deal talks

It's back to Switzerland for Cyprus peace talks

The Latest: 3 Australian Crown Resorts employees…

Australian and Chinese employees of a casino company have pleaded guilty to charges relating to gambling in a Chinese court, an Australian official says

'Pharma Bro' defies advice to keep quiet before…

A former pharmaceutical CEO who became a pariah after raising the cost of a life-saving medication 5,000 percent can't keep quiet ahead of his fraud trial

Pharmacy head to be sentenced in deadly…

The co-founder of a Massachusetts compounding pharmacy is set to be sentenced in a deadly nationwide meningitis outbreak that killed more than 60 people and sickened hundreds more

SpaceX launches 10 satellites from California air…

A SpaceX rocket has carried 10 communications satellites into orbit from California

UK: All samples from high-rise towers fail fire…

The list of high-rise apartment towers in Britain that have failed fire safety tests grew to 60, officials said Sunday, revealing the mounting challenge the government faces in the aftermath of London's Grenfell Tower fire tragedy

Italy giving 5.2B euros in resources to keep 2…

The Italian government is making 5.2 billion euros ($5.8 billion) of resources immediately available to keep two banks in business.

AdChoices Icon

Debt, protectionism could drag down improving…

A global financial organization says the world economy has picked up and prospects for the next few months are the best in a long time

Trumps attend wedding of treasury secretary and…

Trump and first lady attend wedding of Treasury Secretary Steven Mnuchin and Scottish actress Louise Linton