posted: 03/09/2014 1:55 a.m.
World food prices rose 2.6 percent in February, the biggest jump in 19 months, as prices for cooking oils, grains, dairy and sugar all rose, the United Nations’ Food and Agriculture Organization said.
posted: 03/09/2014 1:54 a.m.
At first, Thomas Spencer didn’t think much about it when he saw tax agents arrive at the Coral Marina more than three months ago, checking boat by boat.
posted: 03/08/2014 2:05 a.m.
The U.S. trade deficit widened slightly in January as a rise in imports of oil and other foreign goods offset a solid increase in exports.
posted: 03/08/2014 2 a.m.
Proponents and critics of the Keystone XL pipeline made a final flurry of pleas to sway the government on its construction, which has become a flash point in a debate over energy development versus climate change.
posted: 03/08/2014 1:59 a.m.
Chinese authorities allowed the country’s first corporate bond default on Friday, inflicting losses on small investors in a step toward making its financial system more market oriented.
posted: 03/07/2014 2:06 a.m.
QUOTE OF THE DAY “The overall trend here is positive and consistent with a gradually improving job market. We have stemmed the bleeding in layoffs, what remains is to add jobs.” Gennadiy Goldberg, TD Securities USA LLC U.S. strategist
posted: 03/06/2014 3:17 a.m.
Chinese carmaker Qoros took its campaign to gain global credibility to the Geneva Motor Show, where it showed off its second production car at a stand in prime real estate — between Maserati and Rolls Royce.
posted: 03/06/2014 3:15 a.m.
China’s government pledged Wednesday to promote sustainable growth by opening state dominated industries to private investment and making banks more market-oriented while keeping this year’s economic expansion at a relatively robust 7.5 percent.
posted: 03/06/2014 3:10 a.m.
Sales of Brown-Forman Corp.’s whiskey lineup, led by its flagship Jack Daniel’s brand, led to a 12 percent increase in third-quarter net income as the spirits maker reported broad sales gains in the U.S. and overseas.
posted: 03/06/2014 3:07 a.m.
QUOTE OF THE DAY “Bad winter weather, especially in midmonth, weighed on payrolls. Job growth is expected to improve with warmer temperatures.” Mark Zandi, Moody’s Analytics chief economist
posted: 03/05/2014 3:13 a.m.
BP Plc was told by a federal appeals court to abide by terms of a $9.2 billion settlement with victims of the 2010 Gulf of Mexico oil spill after failing to satisfy judges that a claims administrator is misinterpreting the deal.
posted: 03/05/2014 3:11 a.m.
Growing tensions over Ukraine have raised the specter of another slowdown in the European auto market, just as car makers were beginning to count on a modest recovery from a six-year contraction.
posted: 03/05/2014 3:10 a.m.
Investors sent stocks sharply higher Tuesday after Russia pulled troops back from the border of Ukraine.
posted: 03/05/2014 3:10 a.m.
QUOTE OF THE DAY “There is always going to be a surprise out there. Ukraine is an example. You have to be flexible.” Stephen Odell, CEO of Ford Europe, on European auto sales
posted: 03/04/2014 1:14 a.m.
TOKYO — The Tokyo bitcoin exchange that filed for bankruptcy protection blamed theft through hacking for its losses, and said it had an expert investigating the possible theft Monday.