Detroit becomes largest US city to file for bankruptcy
Detroit on Thursday became the largest city in US history to file for bankruptcy protection after decades of decline and mismanagement rendered the home of the nation's auto industry insolvent.
Bernanke: Fed will not raise rates in forseeable future
Federal Reserve Chairman Ben Bernanke reiterated Wednesday that the Fed is nowhere close to raising interest rates, assuring markets that the US easy money tap would not soon dry up.
18 July 2013 16:40
Steam seen in Fukushima reactor building: TEPCO
Steam has been spotted in a reactor building at the crippled Fukushima nuclear plant in Japan, its operator said Thursday, but stressed there is no sign yet of increased radiation.
Asiana passengers file lawsuit against Boeing
A group of 83 passengers aboard an Asiana Airlines flight which crash-landed in San Francisco has filed a lawsuit seeking millions from the aircraft's manufacturer Boeing.
AT&T to buy carrier Leap Wireless
AT&T announced plans Friday to buy mobile carrier Leap Wireless in a deal worth at least $4 billion, giving the telecom giant more spectrum and the Cricket prepaid phone franchise.
14 July 2013 17:21
Boeing stocks dive after 787 fire at Heathrow
Boeing stocks plunged nearly 5 percent on Friday after a fire and a "technical issue" on separate 787 Dreamliners in Britain stoked fresh safety concerns about the new high-tech jetliner.
13 July 2013 19:06
US-EU trade talks make headway under tight timeline
US and European Union trade negotiators said Friday they had begun to identify key areas of agreement and difference as they closed the first week of talks to create an ambitious transatlantic free-trade zone.
13 July 2013 14:39
Apple case cracks open e-books, digital goods pricing
A ruling by an American judge that Apple illegally conspired to fix e-book prices could boost competition in the market for all kinds of digital goods, including music and movies.
12 July 2013 16:47
Australia at crossroads as China boom ends: PM
Australian Prime Minister Kevin Rudd Thursday said the China resources boom was over, leaving the economy at a crossroads, as he called for a new productivity pact to boost competitiveness.