N.K. proposes joint event to mark 2000 inter-Korean summit

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New stock market milestone: Dow 15,000

Just two months after recovering the last of its losses from the financial crisis, the Dow Jones industrial average punched through another milestone Tuesday, closing above 15,000 for the first time....

Updated : 2013.05.08 09:14

Wal-Mart takes back top spot in Fortune 500

Customers exit a Wal-Mart in American Canyon, California. (Bloomberg) NEW YORK (AP) ― Wal-Mart Stores Inc. once again leads Fortune’s list of the 500 biggest U.S. companies by revenue, as the worl...

Updated : 2013.05.07 20:26

Senate approves online sales tax

WASHINGTON (AP) ― The Senate sided with traditional retailers and financially strapped state and local governments Monday by passing a bill that would widely subject online shopping ― for many a la...

Updated : 2013.05.07 20:23

Adidas: Asia laborers can file complaints by SMS

BERLIN (AP) ― German sports gear maker Adidas says it is encouraging workers in factories of its Asian suppliers to anonymously share possible grievances directly with the company via text message. ...

Updated : 2013.05.07 20:22

China names yuan convertibility plan among goals

China will this year put forward a plan for allowing yuan capital-account convertibility as part of measures to loosen control over its currency and interest rates, the nation’s cabinet said. The yu...

Updated : 2013.05.06 22:09

Ford sees Thai eco vehicles as gateway to Southeast Asia

Ford Motor Co.’s factories in Thailand are capable of producing eight times more vehicles than it sells. With help from a Thai government program, the automaker plans to make sure the excess capacit...

Updated : 2013.05.06 20:07

Obama to hit road on economic plans

WASHINGTON (AP) ― Immigration, guns and national security are dominating the discussion on Capitol Hill, but Americans by and large are still focused on their bottom line. So President Barack Obama i...

Updated : 2013.05.06 20:06

U.S. billionaire Buffett optimistic on stocks

WASHINGTON (AFP) ― Billionaire Warren Buffett is praising the policies of both President Barack Obama and his predecessor George W. Bush for moving the U.S. economy in the right direction. U.S. sto...

Updated : 2013.05.06 20:06

Dell computers sold to Syria despite sanctions

Dell Inc., the world’s third-largest personal-computer maker, said it’s investigating allegations that one of its resellers was involved in a possible transaction with Syria. Computer equipment from...

Updated : 2013.05.05 20:22

Solar plane lands in Arizona, 1st leg of trip

PHOENIX (AP) ― Alone in the single-seat cockpit and high above the U.S. Southwest, pilot Bertrand Piccard could hear only his plane’s gear box and the quiet whine of four electric motors. No noisy ...

Updated : 2013.05.05 20:22

EU forecast says eurozone recession to continue in 2013

BRUSSELS (AP) ― Europe will take longer to recover from its economic crisis as it tackles a worse-than-expected recession in the eurozone and unemployment at record levels, the European Union warned ...

Updated : 2013.05.05 20:21

Obama ends Latin America trip with focus on boosting trade

SAN JOSE (AFP) ― U.S. President Barack Obama turned the spotlight on economic ties with Latin America on Saturday, as he concluded a three-day trip to a region roiled by drug violence. Obama sought ...

Updated : 2013.05.05 20:20

Mexico’s WTO candidate, a veteran trade negotiator

MEXICO CITY (AFP) ― Herminio Blanco, Mexico’s candidate to lead the World Trade Organization, is a seasoned trade negotiator between wealthy and developing nations who vows to bring credibility bac...

Updated : 2013.05.05 19:35

U.S. employers add 165K jobs, rate falls to 7.5%

U.S. employers added 165,000 jobs in April, and hiring was much stronger in the previous two months than the government first estimated. The job increases helped reduce the unemployment rate from 7.6...

Updated : 2013.05.03 21:43

ECB cuts interest rate to 0.5%

FRANKFURT, Germany (AP) ― The European Central Bank cut its key interest rate to a record low 0.50 percent Thursday and announced other measures to spur lending and help lift the euro area out of a ...

Updated : 2013.05.03 20:59