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Economists: Puerto Rico needs right to bankruptcy option

July 1, 2015 SAN JUAN, Puerto Rico — Puerto Rico’s financial future hung in limbo Tuesday as economists and officials warned that the U.S. more »»

Nike co-founder Knight will step down as chair

July 1, 2015 NEW YORK — Phil Knight, a middle-distance runner who partnered with his track coach at Oregon to launch a footwear and apparel company that made the Nike swoosh one of the most recognizable logos in... more »»

Canadian government OKs Cirque du Soleil sale

July 1, 2015 OTTAWA, Ontario — The Canadian government has approved the sale of Cirque du Soleil to a group headed by a U.S. private equity firm and its Chinese partners. more »»

Drug, device firms paid $6.5B to care providers

July 1, 2015 WASHINGTON — From research dollars to free lunches and junkets, drug and medical device companies paid doctors and leading hospitals nearly $. more »»

NBC to Donald Trump: You’re fired

June 30, 2015 NEW YORK — NBC said Monday that it is ending its business relationship with mogul and GOP presidential candidate Donald Trump because of comments he made about Mexican immigrants during the... more »»

Chinese premier calls for deal to keep Greece in eurozone

June 30, 2015 BRUSSELS — The prime minister of China, the European Union’s No. more »»

US resuming aid to Bahrain military

June 30, 2015 WASHINGTON — The State Department says it is resuming aid to the military in Bahrain, which has been withheld since Bahrain cracked down on demonstrations in 2011. more »»

Justices rule against EPA plant mercury limits

June 30, 2015 WASHINGTON — The Supreme Court ruled Monday against the Obama administration’s attempt to limit power plant emissions of mercury and other hazardous air pollutants, but it may only be a temporary... more »»

Bank supporters have the votes

June 30, 2015 WASHINGTON — The supporters of the federal Export-Import Bank have the Senate votes to revive it and will get a chance to do so, Majority Leader Mitch McConnell said Monday. more »»

Feds shut down database over hacking attempt

June 30, 2015 WASHINGTON — The federal personnel agency whose records were plundered by hackers linked to China announced on Monday the temporary shutdown of a massive database used to update and store backgroun... more »»

Greece imposes capital controls, banks to remain shut

June 29, 2015 ATHENS, Greece — Greece’s five-year financial crisis took its most dramatic turn to date Sunday, with the prime minister announcing Greek banks would remain shut indefinitely and restrictions would... more »»

China cuts in interest rate to boost economy

June 29, 2015 BEIJING — China’s central bank announced Saturday the fourth round of interest cuts in seven months and lower deposit-reserve ratios for some banks to lend to small and rural businesses, as Beijing... more »»

Greece’s future in balance as creditors reject aid extension

June 28, 2015 BRUSSELS — Greece is one big step closer to falling out of the euro currency union after its fellow member states refused to extend its bailout program past Tuesday, leaving the country on the brink... more »»

Armenian president suspends electricity hikes behind protest

June 28, 2015 YEREVAN, Armenia — The president of Armenia on Saturday suspended hikes in household electricity rates in an effort to end the protests that have blocked the capital’s main avenue for six straight... more »»

Merkel faces Greek challenge with strong political capital

June 28, 2015 BERLIN — German Chancellor Angela Merkel has emerged undamaged from the global financial crisis, European bailouts, an astonishing U-turn on nuclear power and the crisis over Ukraine. more »»

China makes 4th recent cut in interest rate to boost economy

June 28, 2015 BEIJING — China’s central bank announced Saturday the fourth round of interest cuts in seven months and lower deposit-reserve ratios for some banks to lend to small and rural businesses, as Beijing... more »»

Greek prime minister puts bailout deal to referendum July 5

June 27, 2015 ATHENS, Greece — Greece’s prime minister on Friday called a surprise referendum for July 5 on the financially troubled country’s fraught bailout talks with international creditors, and government... more »»

Hospital stocks leap after Supreme Court backs overhaul

June 27, 2015 Investors in hospital stocks rejoiced Thursday after the Supreme Court upheld a key portion of President Barack Obama’s health care overhaul and eliminated the prospect of a sudden influx of... more »»

Mayweather-Pacquiao boosts casino winnings above $1B

June 27, 2015 LAS VEGAS — Huge crowds and high rollers in Las Vegas for the Floyd Mayweather-Manny Pacquiao fight helped Nevada casinos make more than $1 billion off gamblers in May, according to records released... more »»

Hawaii approves ban on sea cucumber harvest

June 27, 2015 HONOLULU — The Hawaii Board of Land and Natural Resources has approved an emergency ban on the possession of sea cucumbers amid reports that people are harvesting the animals in large quantities for... more »»

 
 
 

 

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