Unemployment applications drop to a 4-year low
February 16, 2012
The number of people seeking unemployment benefits fell to the lowest point in almost four years last week, the latest signal that the job market […]
Yahoo faces investor mutiny as Asia talks unravel
February 15, 2012
Yahoo’s hopes for a fresh start under a new CEO faded Tuesday as its closely watched discussions to sell most of its Asian holdings unraveled […]
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Greeks clean up after riots against austerity vote
February 13, 2012
Firefighters doused smoldering buildings and cleanup crews swept rubble from the streets of central Athens on Monday following a night of rioting during which lawmakers […]
South Africa’s close ties to Iran under scrutiny
February 8, 2012
The West’s increasing pressure on Iran has meant scrutiny for South African businesses that operate in the Middle Eastern nation accused of having nuclear ambitions.
South […]
Japan announces first trade deficit since 1980
January 25, 2012
Japan marked its first trade deficit since 1980, a 2.49 trillion yen ($32 billion) shortfall for 2011 caused in part by last year’s tsunami and […]
Novartis drug studied; possible ties to deaths
January 21, 2012
The European Medicines Agency is investigating a multiple sclerosis drug made by Novartis after at least 11 patients taking the drug died.
The drug, Gilenya, was […]
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Business news briefs
January 20, 2012
New jobless claims drop • The number of people seeking unemployment benefits plummeted last week to 352,000, the fewest since April 2008. The decline added […]
A-B InBev buys a Czech ‘Bud’ rival
January 13, 2012
Anheuser-Busch InBev has apparently taken another step forward in its century-long march to win full control of the brand “Budweiser.”
The world’s largest brewer has bought […]
EU leaning to block NYSE-Deutsche Boerse merger
January 10, 2012
The European Union’s antitrust regulator is moving toward blocking the $10 billion merger between stock exchanges NYSE Euronext and Deutsche Boerse, two people close to […]
2011: The year of annoying fees
January 3, 2012
Angry Verizon Wireless customers took to chat forums and social networks on Thursday after the company said it would begin to charge customers $2 […]