posted: 05/27/2015 2:03 a.m.
The rapid rate of wealth creation by billionaire entrepreneurs will probably level off over the next two decades as economic growth slows in emerging markets and governments act against income inequality, a study found.
posted: 05/27/2015 2:01 a.m.
Price drop pinches Louisiana shrimpers DULAC, La. -- After a few years of steady prices, Louisiana shrimpers are watching the prices for their catches plummet this season.
posted: 05/25/2015 1:59 a.m.
Tiny fish that glow green and morph in the presence of toxins are joining front-line efforts in China to improve product safety.
posted: 05/25/2015 1:52 a.m.
EBay Inc. plans to expand its click-and-collect service in the U.K. and across Europe, after buyers on its site collected 1.5 million parcels from British store chain Argos in the first 18 months of the service.
posted: 05/24/2015 1:58 a.m.
Winemakers from Priorat in the hills south of Barcelona have drawn inspiration from Oregon and other New World regions to create some of Spain's most expensive wines, fetching about $100 per bottle and finding a market in the U.S.
posted: 05/23/2015 2:09 a.m.
Three Japanese carmakers said Friday that they would recall more than 700,000 vehicles equipped with air bags made by the supplier Takata, citing the company's admission this week that its air bags contained potentially dangerous faults.
posted: 05/23/2015 2:07 a.m.
All-expenses-paid trips to reward top salespeople aren't unusual, but direct-marketing companies that are the Chinese versions of Amway, Avon and Herbalife are taking it to an extreme by sending thousands abroad on package tours.
posted: 05/23/2015 2:05 a.m.
Wal-Mart Stores Inc., the world's biggest retailer, pulled some goods-sourcing business from Li & Fung Ltd., raising concerns that the Hong Kong company may see other customers follow suit.
posted: 05/23/2015 2:03 a.m.
Japan needs a complete set of policies to boost growth and mend its finances that would avoid excessive dependence on a weak yen, the International Monetary Fund said.
posted: 05/23/2015 1:59 a.m.
Equity fund to buy Frisch's Big Boy chain CINCINNATI -- Frisch's Big Boy restaurants are being sold to a private equity fund, the company announced Friday, ending family ownership of the Cincinnati-based chain that dates to a 1939 drive-thru.
posted: 05/22/2015 1:57 a.m.
Lumber Liquidators' CEO quits abruptly Lumber Liquidators, under scrutiny for months as it faces accusations that it sold products with dangerous levels of formaldehyde, said Thursday that its chief executive had left the company.
updated: 05/21/2015 3:57 a.m.
Six of the world's biggest banks will pay $5.8 billion and five of them agreed to plead guilty to charges tied to a currency-rigging probe as they seek to wind down almost half a decade of enforcement actions.
posted: 05/21/2015 2:25 a.m.
Japanese movie studio Toho Co. said Wednesday it is suing Voltage Pictures and a director in a lawsuit complaining that promotions of a forthcoming film infringe on its copyright to Godzilla.
posted: 05/21/2015 2:23 a.m.
There's a new player in the U.S. cable dating game.
updated: 05/20/2015 4:01 a.m.
Air-bag maker Takata Corp. gave in to U.S. regulators on Tuesday, agreeing to what will be the largest automotive recall in history as investigators continue to search for the root cause of a defect that has killed at least six people.