eCommerce

China's top butcher tries to sell US on takeover

By JOE McDONALDAP Business Writer LUOHE, China (AP) - At an age when most Chinese executives are long retired, the country's top hog butcher is taking on a daunting new job persuading Americans to allow him to complete China's biggest takeover of a U.S. company. Shuanghui International'

Feds in NY: Costa Rica money biz a hub for crooks

By TOM HAYSAssociated Press NEW YORK (AP) - When an undercover agent posing as a new client sought to register at the currency transfer firm Liberty Reserve as "Joe Bogus" from "123 Fake Main Street" in "Completely Made Up City," no one at the company based in Costa Rica objected. The same client

7 charged in $6B online money laundering case

By TOM HAYS and RAPHAEL SATTERAssociated Press NEW YORK (AP) - Calling it perhaps the biggest money laundering scheme in U.S. history, federal prosecutors charged seven people Tuesday with running what amounted to an online, underworld bank that handled $6 billion for drug dealers, child

7 charged in $6B online money laundering case

By TOM HAYS and RAPHAEL SATTERAssociated Press NEW YORK (AP) - Calling it perhaps the biggest money laundering scheme in U.S. history, federal prosecutors charged seven people Tuesday with running what amounted to an online, underworld bank that handled $6 billion for drug dealers, child