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Anschutz says sports company no longer for sale
News: Business
Updated: Thu, Mar 14, 2013
LOS ANGELES (AP) — AEG, the company that owns the NHL's Los Angeles Kings and the Staples Center, is no longer for sale, its billionaire owner Philip Anschutz said Thursday. The announcement came amid efforts by the company to build a downtown stadium to lure an NFL team back to Los Angeles....
Recent Business News
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Business, News
China sentences underground bank operator to death
Updated: Mon, May 20, 2013
BEIJING (AP) — A businesswoman in southern China has been sentenced to death on charges of defrauding investors as the government tightens controls on informal financing that is widely used by...
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Business, News
Chinese premier: Peace requires India-China trust
Updated: Mon, May 20, 2013
NEW DELHI (AP) — China's new premier says he chose India as the site of his first foreign visit because cooperation between the world's two most populous nations is crucial to world stability...
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Business, News
Who is building what in Sochi for 2014 Olympics
Updated: Mon, May 20, 2013
SOCHI, Russia (AP) — The cost of the 2014 Winter Games in the Russian city of Sochi now stands at $51 billion, making it the most expensive Olympics in history. More than half of the bill is...
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Business, News
United to restart 787 flights on Monday
Updated: Mon, May 20, 2013
United Airlines is getting its 787s back in the air. The planes are returning after being grounded for four months by the federal government because of smoldering batteries on 787s owned by other...
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Business, News
Asian stocks rise on signs of steady US recovery
Updated: Mon, May 20, 2013
BANGKOK (AP) — Evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher Monday. A gauge of future economic activity issued Friday rose more than expected, a...
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Business, News
Oil price falls below $96 a barrel
Updated: Mon, May 20, 2013
BANGKOK (AP) — The price of oil fell Monday ahead of the release later this week of economic data from the U.S. and China, the world's two largest economies, and a speech by the Federal Reserve...
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Business, News
Tons of New Zealand meat stranded on Chinese docks
Updated: Mon, May 20, 2013
WELLINGTON, New Zealand (AP) — Hundreds of tons of frozen mutton, lamb and beef from New Zealand have been stranded on Chinese docks after China halted certain imports from the country due to a...
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Business, News
More bodies recovered in collapsed Indonesia mine
Updated: 32 min ago
TIMIKA, Indonesia (AP) — Rescuers recovered five more bodies from a collapsed underground room at a giant U.S.-owned gold and copper mine in Indonesia, bringing the confirmed death toll to 14,...
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Business, News
Economists predict increase in consumer spending
Updated: 32 min ago
WASHINGTON (AP) — Consumer spending is likely to pick up this year while government spending declines at a faster rate, according to a survey of business economists. The economists predict that...
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Business, News
Consumer group flags high SPF ratings on sunscreen
Updated: 1 hr ago
WASHINGTON (AP) — Sunbathers headed to the beach this summer will find new sunscreen labels on store shelves that are designed to make the products more effective and easier to use. But despite...
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