SUFFERN, N.Y. (AP) - Fashion Bug, a low-priced women's clothing chain, will soon join the retail graveyard.
Ascena Retail Group Inc. has completed its buyout of Charming Shoppes Inc., which owns the chain, and now plans to close the remaining several hundred
By MARK STEVENSONAssociated Press
MEXICO CITY (AP) - The world's richest man, Mexican telecommunications billionaire Carlos Slim, has acquired an 8.4 percent stake in Argentina's newly state-controlled oil and gas producer, YPF S.A., but it's unclear what he intends
By BY MENELAOS HADJICOSTISAssociated Press
NICOSIA, Cyprus (AP) - Cyprus faces the choice of asking for a bailout from its European partners in the euro or from Russia, and will decide where to turn after this weekend's crucial elections in Greece, officials said Friday
By COLLEEN BARRYAP Business Writer
MILAN (AP) - The Italian government on Friday announced measures worth €80 billion ($100 billion) to spur economic growth, streamline the notoriously bloated public sector and lower national debt, part of its attempt to convince international
By CHRISTOPHER S. RUGABERAP Economics Writer
WASHINGTON (AP) - U.S. factories produced less in May than April, as automakers cut back on output for the first time in six months. The report indicates that manufacturing, a key driver of the economic growth, is slowing
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - Foreign demand for U.S. Treasury securities rose to a record high in April. China, the largest buyer of Treasury debt, increased its holdings slightly after trimming them for two straight months.
OSLO, Norway (AP) - Norway on Friday ordered the first two fighter jets of an expected combined order of 52 from Lockheed Martin's troubled Joint Strike Fighter program as it embarked on a 2008 plan to replace its aging fleet of F-16 combat aircraft.
By MATTHEW CRAFTAP Business Writer
NEW YORK (AP) - Stocks recorded their third big gain of the week and closed at a one-month high Friday because of expectations that the central banks of countries around the world will step in to limit the damage from a debt crisis in Europe
By COSTAS KANTOURISAssociated Press
KOMOTINI, Greece (AP) - In its heyday just over a decade ago, the Komotini industrial zone in northern Greece was a hive of activity, with dozens of factories producing everything from textiles to ceramics and employing nearly 20,000 people
By KAY JOHNSONAssociated Press
BAGHDAD (AP) - Iraq's rapidly expanding oil production is likely to complicate OPEC's efforts to influence world prices as the country re-emerges as a major player after 20 years on the sidelines due to sanctions and strife