By PABLO GORONDIAssociated Press
The price of oil extended gains to around $94 a barrel Tuesday, bolstered by encouraging manufacturing data from the world's top two economies and predictions of a drop in U.S. crude stocks for the first time in over two months.
By early afternoon in Europe,
By YURI KAGEYAMAAP Business Writer
TOKYO (AP) - Washoku, the traditional cuisine of Japan, is being considered for designation as part of the world's priceless cultural heritage by the U.N. this week. But even as sushi and sake booms worldwide, purists say its finer points are candidates for
By JIM FITZGERALD and FRANK ELTMANAssociated Press
YONKERS, N.Y. (AP) - The revelation that a New York City commuter train derailed while barreling into a sharp curve at nearly three times the speed limit is fueling questions about whether automated crash-avoidance technology could have prevented
By SARA BURNETT and KERRY LESTERAssociated Press
SPRINGFIELD, Ill. (AP) - Illinois lawmakers were poised Tuesday to vote on a plan to solve the state's $100 billion pension crisis - a proposal many are calling the most important vote of their careers and one that could deeply reduce the
By MICHAEL LIEDTKEAP Technology Writer
SAN FRANCISCO (AP) - Tumblr is where the Internet's cool kids hang out. That's why Yahoo paid $1.1 billion to buy the blogging site in one of this year's most buzzed-about deals.
Now, Tumblr is flaunting its hipster credentials with a first-ever
By ED WHITEAssociated Press
DETROIT (AP) - A judge was expected to announce Tuesday whether Detroit can come up with a plan to get rid of $18 billion in debt in the largest public bankruptcy in U.S. history, a case that ultimately could crack a shield protecting public pensions and also put the
By KAY JOHNSON and DESSIANING ARIYANTIAssociated Press
BALI, Indonesia (AP) - Top trade officials began talks Tuesday that will either produce an eleventh hour deal that could boost the global economy by $1 trillion or possibly spell the end of the World Trade Organization's relevance as a
NEW YORK (AP) - Hilton Worldwide Holdings Inc. said Monday that it could raise as much as $2.37 billion, making it one of the year's biggest IPOs.
The hotel operator said in a regulatory filing that the offering of 112.8 million shares is expected to price between $18 and $21 each. Hilton is
NEW YORK (AP) - The stock market is closing lower after the holiday shopping season got off to a disappointing start.
The Dow Jones industrial average fell 77 points, or 0.5 percent, to close at 16,008.77 Monday. The Standard & Poor's 500 index fell four points, or 0.3 percent, to 1,800.90
STOCKHOLM (AP) - Swedish-based Volvo Car Group has joined the race to develop self-driving cars, saying it plans to build 100 such vehicles in a pilot project.
The Chinese-owned automaker said Monday it will test its "autonomous" cars on 30 miles (50 kilometers) of selected roads in the Swedish