Business News

Papua New Guinea voters are going to the polls in elections dominated by corruption allegations hanging over their prime minister and the South Pacific island nation's deepening economic woes. Voting …

Several prospective jurors have been excused from the federal securities fraud trial of an ex-pharmaceutical company executive because they claimed they couldn't be impartial.

Japanese air bag maker Takata Corp. says it had to file for bankruptcy protection in Tokyo and the U. S. to ensure it could continue supplying replacements for faulty air bag inflators linked to the deaths of at least 16 people.

In a scathing 64-page indictment, Brazil's top prosecutor described a scheming, arrogant and corrupt President Michel Temer who lined his pockets with illegal money while showing little regard for the …

The new boss of Australia's postal service will be paid less than half the 5.6 million Australian dollar ($4.3 million) salary package that made her predecessor Australia's highest-paid public servant. …

CNN wasn't saying Monday what led it to retract a story about a supposed investigation into a pre-inaugural meeting between an associate of President Donald Trump and the head of a Russian investment fund.

A U. S. government lawyer has urged a jury to conclude a charity must give up majority ownership of a Manhattan skyscraper, saying it is secretly controlled by Iran. Assistant U. S. Attorney Michael Lockard told New York federal court jurors Monday in closing arguments that testimony proves the Alavi Foundation violated sanctions imposed in 1995. Attorneys for Alavi say it isn't controlled by Iran.

The deaths of 79 people in a London apartment tower have triggered emergency inspections, evacuations and soul searching among British officials who failed to prevent the tragedy.

A new study of Seattle's $15-an-hour minimum wage law says it costs jobs, contrary to another new study released last week.

Inside a cavernous northern Utah warehouse, hydraulic engineers send water rushing down a replica of a dam built out of wood, concrete and steel — trying to pinpoint what repairs …

Demand for long-lasting U. S. factory goods fell by the most in 18 months, and a key category that tracks business investment also slipped, evidence that manufacturing output is barely growing. Orders for durable goods — items meant to last at least three years — slid 1.1 percent in May, the Commerce Department said Monday.

The European Union's top trade official says the bloc is preparing retaliatory measures in case the United States goes ahead with plans to impose steel tariffs on imports.

The head of Portugal's national airline says he is considering asking authorities to order that all drones in the country be grounded, following a series of near-misses with commercial aircraft.

The leader of a Northern Ireland-based party struck a 1.5 billion pound ($1.9 billion) deal with British Prime Minister Theresa May's Conservatives on Monday to support her minority government in a crucial vote on her legislative package later this week.

Asian markets rose Monday after Wall Street rebounded from losses to end the week higher on stronger oil and natural gas prices.

Australian and Chinese casino employees stood trial Monday on charges relating to gambling, in a case that highlights the sensitivity of doing certain businesses in China.