Business News

Takata files for bankruptcy, overwhelmed by air…

Japanese air bag maker Takata Corp. has filed for bankruptcy protection in Tokyo and the U.S., drowned in a sea of lawsuits and recall costs

SpaceX launches 10 satellites from California air…

A SpaceX rocket has carried 10 communications satellites into orbit from California

SeaWorld Is Being Investigated For Its Response…

Two government agencies have subpoenaed SeaWorld officials about how they responded to the fallout from the "Blackfish" documentary.

China tries Crown Resorts employees on gambling charges

Crown Resorts employees are standing trial in a Chinese city in a gambling case that highlights the sensitivity of doing certain businesses in China

UK: All samples from high-rise towers fail fire…

The list of high-rise apartment towers in Britain that have failed fire safety tests grew to 60, officials said Sunday, revealing the mounting challenge the government faces in the aftermath of London's Grenfell Tower fire tragedy

Italy giving 5.2B euros in resources to keep 2…

The Italian government is making 5.2 billion euros ($5.8 billion) of resources immediately available to keep two banks in business.

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Debt, protectionism could drag down improving…

A global financial organization says the world economy has picked up and prospects for the next few months are the best in a long time

Trumps attend wedding of treasury secretary and…

Trump and first lady attend wedding of Treasury Secretary Steven Mnuchin and Scottish actress Louise Linton

UK Parliament investigates cyberattack on user…

British officials are investigating a cyberattack on the country's Parliament after discovering "unauthorized attempts to access parliamentary user accounts."

Illinois could be 1st state with 'junk' credit…

Illinois is on track to become the first U.S. state to have its credit rating downgraded to "junk" status, which would deepen its multibillion-dollar deficit and cost taxpayers more for years to come

Russia's Putin: Top goal for journalists is 'do…

Russian President Vladimir Putin has said the most important principle for journalists should be to avoid upsetting those featured in their writing and broadcasting

After demands aired, solution to Qatar crisis…

Faced with a sweeping set of demands, Qatar insists it can easily survive the economic and diplomatic steps its neighbors have taken to try to pressure it into compliance

Court says Iowa lottery rigging investigation…

The Iowa Supreme Court has overturned the conviction of a lottery security expert charged with attempting to claim a $16.5 million Iowa jackpot that he rigged

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Italian PM 'guarantees' savers' accounts in 2 troubled banks

Italy's premier says holders of accounts in 2 troubled Italian banks will have their savings guaranteed despite insolvency proceedings

Trump admin OKs drone sale to India, manufacturer…

The Trump administration is set to authorize the $2 billion sale of unarmed surveillance drones to India

Ivanka Trump ordered to testify in dispute with…

A New York judge says Ivanka Trump must testify in a dispute with an Italian shoemaker over one of her company's shoe designs

London council evacuates residents amid fire…

A local London council has decided to evacuate some 800 households in apartment buildings it owns because of safety concerns following the devastating fire that killed 79 people in a west London high-rise

5 GOP senators now oppose health bill _ enough to…

Nevada Republican Sen. Dean Heller has become the fifth GOP senator to say he opposes his party's bill scuttling much of President Barack Obama's health care overhaul

ECB: 2 troubled Italian banks failing, to face insolvency

The European Central Bank has pulled the plug on two troubled Italian banks, sending them into insolvency proceedings as it pushes ahead with efforts to clean up weak banks holding back the economy

Sears closes another 20 stores

Sears Holdings Corp. is closing another 20 stores _ 18 Sears stores and two Kmart stores _ as the ailing retailer tries to turn around its business

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Google to stop reading your Gmail to help sell ads

Google is going to stop reading your Gmail in search of opportunities to sell ads

Clarification: Science Says-Too Hot To Fly story

Clarification: Science Says-Too Hot To Fly story