By SYLVIA HUIAssociated Press
LONDON (AP) - The McDonald's at the London Olympic Park is supersized - but not, its critics say, super-healthy.
The fast-food giant, a top Olympics sponsor with exclusive rights to sell branded food products inside the venue,
By MENELAOS HADJICOSTISAssociated Press
NICOSIA, Cyprus (AP) - Cyprus on Monday became the fifth eurozone country to request financial aid from its partners in the troubled European currency union as it struggles to shore up banks that took heavy losses on Greek debt
LUXEMBOURG (AP) - The European Union says its embargo on Iranian crude oil - imposed due to Tehran's disputed nuclear program - will take effect as planned Sunday.
A statement on Monday said that all contracts for importing Iranian oil will have to be
By MATTHEW PERRONEAP Health Writer
WASHINGTON (AP) - Metal hip replacements implanted in a half-million Americans may be failing earlier than expected, but it could be years before U.S. health regulators have a clear picture of the problem.
The Food and Drug
By TOM MURPHYAP Business Writer
Shares of Teva Pharmaceutical Industries Ltd. climbed Monday in the first trading day after a federal court reaffirmed patents protecting the drugmaker's biggest brand-name product, the multiple sclerosis treatment Copaxone.
BERLIN (AP) - The head of U.S. investment bank Morgan Stanley's German branch is taking leave for an indefinite period of time amid questions over a deal that caused a political scandal.
Morgan Stanley Bank AG said Monday that Dirk Notheis notified the
By CHRIS KAHNAP Energy Writer
NEW YORK (AP) - The price of oil declined Monday as Spain's banking crisis added to concerns about the troubled European economy.
A tropical storm also moved away from the heart of America's oil production in the Gulf of
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - Americans bought new homes in May at the fastest pace in more than two years. The increase suggests a modest recovery is continuing in the U.S. housing market, despite weaker job growth.
LONDON (AP) - British energy company BP says it is selling some of its operations in Wyoming to LINN Energy for $1 billion.
BP PLC said Monday it is disposing of its interests in the Jonah and Pinedale upstream operations.
By The Associated Press
Federal regulators are again delaying a decision on whether to approve the highly touted experimental anticlotting drug Eliquis developed by Pfizer and Bristol-Myers Squibb.
The drugmakers say the Food and Drug Administration is asking