By RYAN NAKASHIMAAP Business Writer
LOS ANGELES (AP) - News Corp. said its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies. The company also adopted a shareholder-rights plan designed to prevent a hostile takeover in the
By MATTHEW CRAFTAP Business Writer
NEW YORK (AP) - Major stock indexes closed out their first weekly loss in a month in quiet trading Friday.
The Standard & Poor's 500 index dropped 0.91 of a point to close at 1,649.60. The Dow Jones industrial average rose 8.60 points to 15,303, a gain of
WASHINGTON (AP) - China has agreed to give U.S. regulators access to audit records for Chinese companies whose shares trade on U.S. stock exchanges, a step forward in a long-running dispute.
The Public Company Accounting Oversight Board, a watchdog agency for the accounting industry, announced the
GENEVA (AP) - Chinese Premier Li Keqiang is in Switzerland to seal a free trade pact with the Alpine nation - the first comprehensive agreement his country has reached with a major western economy.
Li met with Swiss officials in Zurich on Friday to conclude three years of negotiations.
In an op-ed
NEW YORK (AP) - Stocks are opening lower on Wall Street, putting the market on track for its first weekly loss after four weeks of gains.
The Dow Jones industrial average was down 42 points at 15,251 shortly after the opening bell Friday, a loss of 0.3 percent.
The Standard & Poor's 500
By ALI ZERDINAssociated Press
LJUBLJANA, Slovenia (AP) - Slovenia's parliament on Friday adopted a cap on public spending to try to convince foreign investors that the small eurozone country will not need an international bailout.
The 78-8 vote in the assembly means Slovenia's constitution
By SAM HANANELAssociated Press
WASHINGTON (AP) - When President Barack Obama pushed his health care overhaul plan through Congress, he counted labor unions among his strongest supporters.
But some unions leaders have grown frustrated and angry about what they say are unexpected consequences of the
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest economic growth may be holding steady this spring.
Orders for durable goods, items
By SUZAN FRAZERAssociated Press
ANKARA, Turkey (AP) - A look at legislation passed in Turkey's parliament early Friday that would ban all alcohol advertising and tighten restrictions on the sale of such beverages, and how such a law could affect tourists and liquor companies in the mainly
NEW YORK (AP) - Stock futures are sinking and it appears major U.S. indexes are heading for a down week roiled by corporate earnings, good and bad, and confusion about what the Fed will do next.
Dow Jones industrial futures are down 56 points to 15,233. S&P futures have lost 8.9 points to 1,641
WASHINGTON (AP) - President Barack Obama will travel to tornado-ravaged Moore, Okla., on Sunday. That's according to a White House official, who wasn't authorized to publicly discuss the trip ahead of the official announcement and requested anonymity. A
By BLAKE NICHOLSON and DAVE KOLPACKAssociated Press
BISMARCK, N.D. (AP) - A dam that threatened to give way and flood a North Dakota town was holding back the water on Wednesday, though the 1,300 residents of Cavalier were still being told to stay away from their homes.
Steady rainfall between
By TAMARA LUSH and BARBARA RODRIGUEZAssociated Press
ZEPHYRHILLS, Fla. (AP) - It could be an anxious wait of up to two months for people in a small Florida city to find out who won the highest Powerball jackpot in history: an estimated $590.5 million.
The lucky ticket was bought sometime Saturday