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Today's Business Headlines
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BEIJING (Reuters) - China's plan to spend $6.5 trillion on urbanization to bolster the economy is running into snags, sources close to the government said, as top leaders fear another spending binge could push up local debt levels and inflate a property bubble. Premier Li Keqiang has rejected an ...
NIAMEY (Reuters) - Suicide bombers struck a military barracks and a mine run by French nuclear group Areva in Niger on Thursday, killing and wounding several people in separate attacks that showed the fight against Islamist militants was spreading across West Africa. Military sources said several ...
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Lagarde risks being placed under formal investigation at the hearing for her 2007 decision as Sarkozy's finance minister to use arbitration to settle a long-running court battle between the state and high-profile businessman Bernard Tapie. Under French law, that step would mean there exists ...
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CHICAGO (Reuters) - Kathrin Jansen is a microbiologist with at least two breakthrough vaccines to her name: she brought the cervical cancer vaccine Gardasil to market for Merck and helped develop the $4 billion a year pneumonia and meningitis vaccine Prevnar 13 for Pfizer. Jansen's next vaccine ...
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The 2014 Spark EV, which goes on sale next month in California and Oregon, will sell for as low as $19,995 after accounting for the full federal tax credit of $7,500, GM said. The larger Chevy Volt, which was introduced in the fall of 2010, sells for about $32,500 after the tax credit. "The ...
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SAN FRANCISCO (Reuters) - America's Cup organizers said on Wednesday that they have made rule changes to improve safety in the upcoming regatta after a fatal training accident on San Francisco Bay earlier this month. As a result of investigations into the death of a sailor when an ultra-fast AC72 ...
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WASHINGTON (Reuters) - Public backlash against deadly overseas drone strikes may undermine promising uses of such technology for anything from disaster response to mail delivery, a top U.S. industry group said as it launched a lobbying effort to "demystify" unmanned planes. The Aerospace ...
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WASHINGTON (Reuters) - The White House threatened on Wednesday to veto a Republican bill to switch federal student loan interest rates to a market-based system, arguing the plan would create more uncertainty for students and families. Under the legislation introduced by Republican Representatives ...
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WASHINGTON (Reuters) - For years, Apple Inc kept a low profile in Washington as it grew into one of the most valuable companies in the world. Now the iPad maker has taken the lead, perhaps inadvertently, on a top priority for U.S. business: simplifying America's tax code. Chief Executive Tim Cook, ...
WASHINGTON (Reuters) - A Justice Department official insisted on Wednesday that no financial company is too big to jail, in the department's latest effort to backpedal from statements made in March by Attorney General Eric Holder. "No institution and no individual is immune from prosecution ...
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