Business News

South Korea on Tuesday rejected Boeing Co.'s bid to supply 60 fighter jets in the country's largest-ever weapons purchase even though it was the sole remaining bidder, and said it would reopen the tender.

Beleaguered gadgetmaker BlackBerry said on Monday that it’s signed a tentative agreement to be purchased by a group led by Canadian holding company Fairfax Financial in a $4.7 billion deal. The transaction, in which Bl...

Blackberry tentatively agrees to a $4.7 billion offer from a consortium led by Fairfax Financial.

The city that calls itself the capital of Silicon Valley is planning to cut pensions and other benefits to fight its escalating fiscal woes, and other municipalities are watching.     

Amazing bathrooms around the country.     

Applied Materials's $9.3 billion acquisition of Tokyo Electron will create a giant in the chip and display manufacturing-tools sector.

Sometimes the Courts will "throw the book" at a debtor and all those who assist the debtor in hiding assets or defrauding creditors; this is such a case.

Also weighing on stocks are the threats, however remote, of a possible U.S. government shutdown and debt default.

JOHNSTOWN, Pa. (AP) -- A western Pennsylvania school board won't let a student who was born female but identifies as male run for homecoming king.

Airbus is predicting that nearly 30,000 new aircraft will have to be built globally in the next 20 years, largely to satisfy demand in emerging markets, particularly China.

BANGKOK (AP) -- The price of oil slipped again Tuesday, a day after hitting a six-week low, as fears of a U.S.-led military attack on Syria faded.     

NEW YORK (AP) -- Burger King wants people to feel less guilty about gobbling up its french fries.     

BANGKOK (AP) -- Uncertainty about the U.S. Federal Reserve's next step and the potential for a budget showdown in Washington sent Asia stock markets lower Tuesday.     

Anonymous Chinese government sources have informed the South China Morning Post (SCMP) that China intends to lift the ban on Facebook, Twitter and the New York Times in the Shanghai free-trade zone.  One of the anonymou...

Goldman predicts shares of exporters in India will beat businesses with local sales

(Reuters) - A U.S. regulator filed lawsuits against Morgan Stanley and eight other banks over the sale of nearly $2.4 billion in mortgage-backed securities to two credit unions that later failed, according to a filing.

Plans for the Chrysler stock sale were filed amid a high-stakes bid by parent Fiat to buy the rest of the U.S. automaker it doesn't already own from a big union trust.Chrysler Group filed plans Monday to resume trading i...

WASHINGTON

One of Indianapolis' most famous hotels will close for a nine-month makeover in early 2014.

Health insurance exchanges, the cornerstone of President Barack Obama's health care reform law, will be ready on time for their Oct. 1 launch date, a senior administration official said Tuesday. More than three years aft...

One of Indianapolis' most famous hotels will close for a nine-month makeover in early 2014.

The sharing economy has made it possible for people to extract new value from renting out their homes, cars and other items. But what if the products themselves were designed and built specifically for the sharing econom...