Megaupload Tycoon Kim Dotcom Gets Apology From New Zealand PM After Gov't Spied On Him
New Zealand Prime Minister John Key publicly apologized to Kim Dotcom, the 38-year-old founder of file-sharing site Megaupload, who is wanted by the U.S. Justice Dept.
Walgreen Earnings Preview: 4Q Profit Seen Declining
Walgreen Company (NYSE:WAG) will post weaker fourth-quarter profits as a payment dispute with Express Scripts cuts revenue.
Mexican Congress Strikes Down Effort To Make Unions More Transparent
Mexico's Congress is set this week to unveil sweeping labor reforms. What it won't do is mess with union opacity.
Egyptian President Morsi, Iran's Ahmadinejad To Speak At UN
Egyptian President Morsi will give his first speech at the U.N. Wednesday; Iran's Ahmadinejad will give his last as president.
Staples, Inc. Shutting Stores To Focus On Online and Business Services
The world’s largest office products company is trimming stores and focusing on Web commerce and business services.
Chinese Aircraft Carrier Liaoning Enters Service With The Navy
In a largely symbolic move, China officially delivers its first aircraft carrier to the People's Liberation Army Navy.
Why Boeing's Special Relationship With US Agencies Has Ended
Boeing no longer benefits from research conducted by the the U.S. DOD and NASA.
Apple Not Delivering Enough iPhone 5s To Retail Partners: Report
Third-party iPhone 5 vendors like Radio Shack are receiving fewer iPhone 5s than Apple's own 249 U.S. retail stores.
Riot At Foxconn Plant In China Injures 40 Workers
Maker of electronics components for Apple, Hewlett-Packard and Microsoft shuts factory for a day after its workers riot at nearby housing facility.
Indian PM Manmohan Singh Defends Letting In Foreign Retailers; Wal-Mart Stores Confirms It's Opening First Indian Store
Wal-Mart says it's ready to open an Indian store as nation's leader defends allowing foreign direction investment in the nation's retail sector.
EU Green Lights Universal-EMI Merger That Will Reduced The "Big Four" Of Music Rights To Three
The world's largest rights-holder to music, Vivendi's Universal Music Group, has been approved by EU regulators to acquire EMI, with conditions.
Western Canada Northern Gateway Pipeline Hearings Pit Traditional Foes Against Each Other
The proposed project to pump bitumen-infused gas from Alberta to Asia via the Northern Gateway project has activists facing off against the energy industry.
What They're saying In The Middle East About Latest Affront To Muslim World
As outrage over the "Innocence of Muslims" film and controversial cartoons published in Paris rages here's a sample of opinions being expressed in regional media outlets.
IMF Throws Down The Gauntlet Against Argentina's Sketchy Stats
The Washington-based International Monetary Fund has had enough of Argentina's attempts to reduce its inflation-indexed debt payments by using sketchy stats.
Muhammad Cartoons, Take Two: France Braces For Backlash
For a second time in less than a year, a satirical Paris-based weekly takes a swipe at Muslims to make a free-speech point.
Retailers Begin Unveiling Annual Seasonal Hiring Numbers
It's that time of the year when retailers operating in the U.S. begin dribbling out statistics on holiday hires, a closely watched batch of communications considered an important economic indicator.
United Colors of Benetton Launches 'Unhate' Campaign, Less Edgy Than Previous Ads
The latest United Colors of Benetton promotional campaign, valued at approximately $26 million, will give seed money to young entrepreneurs whose ideas are most popular among registered visitors to the company's site.
Danger From European Banks' Too-Big-To-Fail Syndrome Keeps Growing: Report
Many European banks have used easy credit from the European Central Bank to expand their balance sheet rather than use the easy credit to slim down and cut the level of risk in the assets they hold. In other words, too-big-to-fail is alive and well in the recession-plagued euro zone.
Pakistan Bows To Court Demand In Zardari Corruption Probe
Pakistan's Supreme Court finally got its way late Tuesday in a long-simmering row regarding President Asif Ali "Mr. 10 Percent" Zardari's unwillingness to respond to a Swiss inquiry into his alleged corruption dating back to his days as a high-ranking official under his wife Benazir Bhutto's second administration.
$105,000 Kitchen (Stove Not Included): Electrolux Going After Market Most Can Only Dream Of
Swedish home appliance maker embarks on small market for very expensive kitchens. For the rest of us: It recently began selling its Frigidaire brand at The Home Depot.
Starbucks Japan Gets On The Pop-Up Cafe Bandwagon
The world's largest coffee chain has opened a tiny pop-up cafe in a fashionable Tokyo district with an odd ordering process.
Salman Rushdie Urges Publishers To 'Be Braver'
The British author's memoir Joseph Anton, about living for years under a state-sponsored call for his murder, is set to be released Tuesday amid worldwide anger over the Innocence of Muslims film that Iran's Ayatollah Hassan Sanei blames on him.
Dan Marino Isn't The Only NFL Quarterback To Fumble Investments
Dan Marino, the record-holding play caller for the Miami Dolphis, lost more than $14 million investing in 'Titanic' director James Cameron's media company. Here's five other NFL stars whose decisions cost them millions.
Muslim Brotherhood, U.S. State Dept. In Tit-For-Tat Tweet Row
The U.S. Embassy in Cairo got snarky on the Muslim Brotherhood after the Egyptian political party tweeted a condolence message.
Forget His JCPenney Work - The Gap Hired Michael Francis For His Time At Target
To help figure out why The Gap hired Michael Francis, it's better to ignore his brief time as president of beleaguered J.C. Penney and look to his prior experience at Target.
EADS-BAE Merger Would Create Very Diverse Aerospace Company - Here's What It Would Produce
EADS and BAE are once again talking of a possible merger that would create a $45 billion company with more than 200,000 employees. The vehicles the two companies make that would end up under one umbrella in the event of a mega-merger range from the world's biggest passenger plane to satellites and submarines.
Is Mexico’s Brutal Gulf Cartel Finished?
Mexico is poised Thursday morning to provide more details about the arrest of Jorge Eduardo Costilla Sanchez, a suspect it believes is one of a dwindling number of key players in the Gulf drug cartel, who was nabbed Wednesday from Mexico's northeastern border state of Tamaulipas.
Forget Pricey Apple, Here Are Some 'Boring' Retail Stocks That Have Outperformed The Tech Giant
Considering that the price of one share of Apple is about the same price as its unlocked iPhone (the one that allows you to switch carriers), there are less exciting, less expensive stocks out there that have done as well or better.
Flat Burberry Sales Pull High-End Brands Down
After London-based Burberry Group PLC (LON: BRBY) reported flat comparable-store sales for its second quarter, market watchers are trying to digest cross signals in the luxury goods market.
South Africa Mining Strikes Spread
The world's second-largest platinum producer said striking South African miners are demanding another 8 to 10 percent pay hike like the one they received in April that ended a six-week strike.