Fukushima steam still baffling: TEPCO
The operator of Japan's crippled Fukushima nuclear plant said Friday it still did not know what caused steam seen inside a reactor building, nor why it was no longer there.
19 July 2013
Panasonic, Sanyo fined $56 mn for price-fixing: US
Japan's Panasonic and its subsidiary Sanyo have each pleaded guilty to price-fixing involving auto parts and battery cells, agreeing to pay $56.5 million in fines.
19 July 2013
Dreamliner fire probe urges Boeing disable beacons
British authorities have recommended that distress beacons onboard all Boeing Dreamliners be disabled, after identifying the devices as the likely cause of a fire on a 787 at London's Heathrow airport.
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.
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.
Citi profits jump as investment revenues surge US banking giant Citigroup Monday reported better-than-expected quarterly earnings as strong securities and investment banking revenues helped offset weaker mortgage business and continued US consumer caution.
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
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
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.