By BRADLEY KLAPPER and LARA JAKESAssociated Press
BEIJING (AP) - Bound by threats from North Korea, the U.S. and China agreed Saturday to rid the bellicose nation of nuclear weapons in a test of whether the world powers can shelve years of rivalry and discord, and unite in fostering global
By The Associated Press
WASHINGTON (AP) - The International Monetary Fund announced Friday that it is recognizing Somalia's new government after a 22-year break in relations with the once-chaotic country, part of a general push by the United States, United Nations and the West toward
By MATTHEW PERRONEAP Health Writer
WASHINGTON (AP) - The Food and Drug Administration will hold a meeting in June to reassess the safety of GlaxoSmithKline's former blockbuster drug Avandia, which was severely restricted in 2010 due to concerns about its impact on the heart.
By CHRISTINA REXRODE and STEVE ROTHWELLAssociated Press
NEW YORK (AP) - JPMorgan Chase and Wells Fargo, bellwethers for the banking industry, reported record earnings Friday, but those numbers masked troubling declines in revenue.
Revenue fell slightly at both banks, and the earnings gains came
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - The Obama administration on Friday declined to label China a currency manipulator, although it said that China's currency remains significantly undervalued.
The decision came in a twice-a-year Treasury report on whether any nations are
NEW YORK (AP) - A four-day advance came to an end on Wall Street as falling commodity prices brought down the stocks of energy and mining companies.
The Dow Jones industrial average fell a fraction to close at 14,865 Friday. In the first four days of the week the Dow rose 300 points.
By ANNE D'INNOCENZIOAP Retail Writer
NEW YORK (AP) - J.C. Penney can sell certain home goods designed by Martha Stewart that were destined for shelves in May - for now, a New York State Supreme Court judge ruled Friday.
Rival department store chain Macy's Inc. had sought to temporarily
NEW YORK (AP) - Gold futures are notching their biggest one-day fall in more than a year.
Gold for June delivery plunged $66 to $1,498 an ounce, the largest drop since February 2012. That puts the price of the metal below $1,500 for the first time since July 2011.
One trigger for the slide was a
By ELAINE GANLEYAssociated Press
PARIS (AP) - He feels hounded and, like a marked man, says he changes locations every few days.
Less than a month ago, Jerome Cahuzac, France's disgraced former budget minister, was the hunter, with an eye out for any citizen who cheated tax authorities by