Looming US cuts raise fears for world's poor
With the United States days away from billions of dollars in automatic spending cuts, anti-poverty campaigners fear that reductions in foreign aid could potentially lead to thousands of deaths.
27 February 2013
Samsung defends working practices in China plants
Samsung Electronics defended its working practices Wednesday after a lawsuit was filed in France against the South Korean giant over conditions at its supplier plants in China.
Chinese oil giant CNOOC buys Canada's Nexen
The Chinese oil giant CNOOC completed its $15.1 billion purchase of Canada's Nexen energy group on Monday, in what analysts have said is China's largest foreign investment.
BP accused of greed, lax safety at US oil spill trial
The US government accused BP of letting greed triumph over safety Monday in the opening arguments of a multi-billion dollar trial over the devastating 2010 Gulf of Mexico oil spill.
Judge blocks Apple shareholder vote in lawsuit A US federal judge blocked Friday an Apple shareholder vote in response to a hedge fund lawsuit that claimed the tech giant was improperly bundling questions on a ballot.
Britain loses AAA rating in Moody's downgrade Moody's stripped Britain of its triple-A debt rating Friday, saying government debt was still mounting and that growth was too weak to reverse the trend before 2016.
United Airlines extends 787 grounding to May United Airlines said Thursday it expected to keep its six Boeing 787s out of service until May 12, as the cutting-edge airplane remained grounded worldwide due to battery problems.
22 February 2013
New York Times revives effort to sell Boston Globe The New York Times, facing a difficult environment for newspapers in the digital age, announced Wednesday that it was reviving its efforts to sell The Boston Globe.