Updated: 10 hr ago

NEW YORK (AP) — The nation's largest retail industry organization fired back Friday, outlining reasons why a legally binding global pact to make Bangladesh clothing factories safer would expose merchants to undue legal exposure. The move came as U.S. retailers face increasing pressure from a...

Updated: 11 hr ago

NICOSIA, Cyprus (AP) — Cyprus on Friday got rid of limits on money transfers and withdrawals for international clients of another eight foreign banks doing business in the debt-laden country. The Finance Ministry said in a new decree the capital control exemptions now apply to Lebanon's...

Updated: 11 hr ago

NEW YORK (AP) — Transocean Ltd. shareholders have voted out the oil drilling company's chairman and backed one of Carl Icahn's director nominees. But the oil driller said Friday that its stockholders decided against the billionaire investor's proposal for a $4 dividend. Under intense...

Updated: 11 hr ago

Gold prices fell for a seventh day in a row on Friday, drawn down by a stronger U.S. dollar and better economic news. Gold for June delivery dropped 1.6 percent, losing $22.20 to settle at $1,364.70 an ounce. The precious metal is nearing the recent low of $1,352 it reached April 15, after a...

Updated: 11 hr ago

A line of space heaters with a design flaw that can ignite nearby objects are among this week's recalled consumer products. Others include bean bag chairs and hooded shirts. Here's a more detailed look. SPACE HEATERS DETAILS: Portable infrared radiant quartz electric space heaters made by...

Updated: 11 hr ago

TUESDAY, May 21 WASHINGTON — Senate Finance Committee hearing on the Internal Revenue Services and the increased scrutiny of certain tax-exempt groups. Best Buy Co. Inc. reports quarterly financial results. The Home Depot Inc. reports quarterly financial results. WEDNESDAY, May 22...

Updated: 11 hr ago

TOPEKA, Kan. (AP) — A new report says the Kansas unemployment rate dipped to 5.5 percent last month while the number of people filing initial claims for jobless benefits also fell. But Friday's full report from the Department of Labor also says April's job growth was less robust than...

Updated: 11 hr ago

SAO PAULO (AP) — Brazil plans to modernize and expand its overcrowded ports, attract private investments to the sector and make it easier for companies to hire skilled foreign workers, in a bid to spur economic growth, The Brazilian Congress approved legislation late Thursday that allows the...

Updated: 11 hr ago

BRUNSWICK, Maine (AP) — Patty Wagstaff is a Hollywood stunt pilot, three-time U.S. aerobatic champion, inductee to the National Aviation Hall of Fame and favorite on the air show circuit. One of her tricked-out planes is on display at the Smithsonian National Air and Space Museum. But this...

Updated: 11 hr ago

CHICAGO (AP) — Grains futures were mixed Friday on the Chicago Board of Trade. Wheat for July delivery fell 4.5 cents to $6.8325 a bushel; July corn rose 11.25 cents to $6.5275 a bushel; July oats slipped 2.25 cents to $3.755 a bushel; while July soybeans jumped 21 cents to $14.485 a bushel....