Published:Thursday | October 22, 2015 | 12:00 AMAP
THE OBAMA administration is joining with private companies in a partnership aimed at training enforcement officials about the virtual currency bitcoin and fighting crime arising from its use.The goals...
Google is not violating copyright laws by digitising books for a massive online library, a federal appeals court ruled Friday in a decadelong dispute by authors worried that the project would spoil the market for their books.The 2nd US Circuit Court...
Published:Thursday | October 15, 2015 | 12:00 AMAP
The directors of a massive Trump-branded luxury condominium development in Panama fired Donald Trump's company during the summer over allegations of mismanagement, overspending and undisclosed bonuses...
Published:Wednesday | October 14, 2015 | 4:33 PMAP
AP:Toyota, under ambitious environmental targets, is aiming to sell hardly any regular gasolene vehicles by 2050, only hybrids and fuel cells, to radically reduce emissions.The automaker promised to involve governments, affiliated companies and...
Over a prosecutor's objection, bail was set at US$2 million Friday for a Dominican Republic diplomat arrested in a bribe-related criminal case that also landed a former president of the United Nations General Assembly behind bars.United States...
Finance officials from the world's 20 biggest economies have committed to toughening laws and boosting cross- border cooperation to prevent multinational companies from avoiding as much as US$250 billion a year in taxes.The unanimous agreement was...
President Dilma Rousseff's ability to govern Brazil has been dealt a serious blow by a federal audit court ruling that her government violated accounting practices and financial laws last year, a decision that could fuel efforts to impeach her,...
St Lucia will soon become the latest Caribbean country to allow far-flung investors to buy local citizenship.Prime Minister Kenny Anthony told a "global citizens forum" in the wealthy principality of Monaco that St Lucia will start accepting...
Metals maker Alcoa, which said last week it will split itself into two companies, on Monday announced a US$1-billion contract with aircraft maker Airbus.Alcoa will make bolts, nuts and rivets used to hold a variety of aircraft together. The company...
The United States and 11 other Pacific Rim countries reached a contentious trade pact that cuts trade barriers, sets labour and environmental standards and protects the intellectual property of multinational corporations. Now each country must sell...
Volkswagen AG's new CEO has told more than 20,000 workers that overcoming its emissions-rigging scandal will "not happen without pain" and that the company will have to review its investment plans.Matthias Mueller vowed Tuesday that "we will...
China's slowdown and tumbling commodity prices will push global economic growth this year to the lowest level since the recession year 2009, the International Monetary Fund (IMF) predicted Tuesday.In a report Tuesday in advance of the IMF-World Bank...
Cybercrime costs are climbing for companies both in the United States and overseas amid a slew of high-profile breaches, according to research released Tuesday.A sixth annual study by the Ponemon Institute pegged the average annual cost of...
American Apparel has filed for Chapter 11 bankruptcy protection almost a year after ousting founder Dov Charney, who is now locked in a contentious legal fight with the retailer.American Apparel cautioned in August that it didn't have enough...
General Motors plans to cut US$5.5 billion in manufacturing, purchasing and administrative costs during the next three years, helping to finance a big push into autonomous cars and car- and ride-sharing services. The company told Wall Street...
Brazil economy plunging with no relief in sightA currency hitting historic lows. Unemployment at a five-year peak. Consumer spending in the dumps, and a grinding political crisis that's frozen leaders' ability to push through Congress measures to...
Chinese investors fined for violating 'no sell' orderChina's securities regulator has announced the first penalties for violators of a ban imposed in July on stock sales by major shareholders as part of frantic government efforts to stem a slide in...
Published:Wednesday | September 30, 2015 | 3:51 PMAP
Google is countering the release of Apple's latest iPhones with two devices running on a new version of Android software designed to steer and document even more of its users' lives.The Nexus 6P and Nexus 5X unveiled Tuesday are the first...
Published:Tuesday | September 29, 2015 | 10:40 AMAP
Royal Dutch Shell is giving up on its expensive and controversial push to produce oil in Alaska's Arctic waters "for the foreseeable future" - a decision that darkens the long-term oil prospects of the US and brings relief to environmental groups...
Published:Tuesday | September 29, 2015 | 10:53 AMAP
BMW may be the next automaker in the sights of United States safety regulators.The National Highway Traffic Safety Administration (NHTSA) says it's investigating the company's Mini brand because it may have been slow to fix cars that did not...
Royal Dutch Shell has abandoned its long quest to become the first company to produce oil in Alaska's Arctic waters, darkening the nation's long-term oil prospects and delighting environmental groups that tried to block the project. After...
Published:Thursday | September 24, 2015 | 12:05 PMAP
Canada's finance mini-ster says Canada is not in recession now and was not in recession in the first half of the year, despite data showing otherwise.Joe Oliver said in an interview with The Associated Press the downturn was largely confined to the...
Published:Thursday | September 24, 2015 | 12:10 PMAP
If you are driving a diesel-powered four-cylinder Volkswagen, you're stuck with a fun-to-drive machine that is belching unhealthy pollutants from its tailpipe.Until the company figures out how to fix its bogus emissions controls, there is not much...
Published:Wednesday | September 23, 2015 | 10:52 AMAP
Volkswagen CEO Martin Winterkorn stepped down Wednesday over a scandal in which the German carmaker admitted to rigging its diesel cars' emissions to pass United States tests. In a statement, Winterkorn said he took responsibility for the...
Published:Tuesday | September 22, 2015 | 11:19 AMAP
The crisis enveloping Volkswagen AG, the world's top-selling carmaker, escalated Tuesday as the company issued a profit warning following a stunning admission that some 11 million of its diesel vehicles worldwide were fitted with software at the...
