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Business
ShowBiz Minute: Shelton, King, Lopez
Blake Shelton putting together Okla. benefit show; Obama honors Carole King at White House concert; Jennifer Lopez to open cellphone stores. (May 23)
Oil down to near $93 on Chinese recovery concerns
The price of oil fell to near $93 a barrel on Thursday after a survey showed manufacturing activity in China falling to its lowest level in seven months, a sign that the recovery in the world's No. 2 economy is fading. By early afternoon in Europe, benchmark oil for July ...
Japan gyrations underline economy's vulnerability
Japan's financial markets gyrated wildly Thursday, underscoring the vulnerability of its economy to a loss of investor confidence as Prime Minister Shinzo Abe attempts shock monetary easing to end two decades of stagnation. Interest rates, or yields, on 10-year Japanese government bonds briefly topped 1 percent for the first time ...
Survey shows China manufacturing contracting
A survey shows China's manufacturing contracted this month, adding to signs a fragile recovery in the world's No. 2 economy is slowing. HSBC Corp. said Thursday the preliminary version of its monthly purchasing managers index fell to a seven-month low of 49.6 from April's 50.4 on a 100-point scale. Numbers ...
Johnson: Don't Blame Islam or UK Policy
London Mayor Boris Johnson is calling on British citizens not to blame Islam, or British foreign policy, for the attack in London that left one person dead. He says the only person to blame is the attacker. (May 23)
Stricken Japan nuke plant struggles to keep staff
Keeping the meltdown-stricken Fukushima nuclear plant in northeastern Japan in stable condition requires a cast of thousands. Increasingly the plant's operator is struggling to find enough workers, a trend that many expect to worsen and hamper progress in the decades-long effort to safely decommission it. Tokyo Electric Power Co., the ...
Bangladesh: Owners' many failings led to collapse
The defects and errors that led to the world's deadliest garment-industry accident extend from the swampy ground the doomed Rana Plaza was built on, to "extremely poor quality" construction materials, to the massive, vibrating equipment operating when the eight-story building collapsed, a committee appointed by Bangladesh's government concluded. The committee ...
New Forecasting Tool Eyed for Hurricane Season
After storms like Sandy inundated coastal areas last year, forecasters have developed an experimental model to show potential areas of impact in a deadly "storm surge." (May 23)
Building materials blamed in Bangladesh disaster
A government investigation found that "extremely" poor quality construction materials and a series of violations caused the collapse of a garment factory building in Bangladesh that has been called the worst garment-industry disaster in history, the committee head said Thursday. Last month's disaster killed more than 1,100 workers and highlighted ...
Survey shows China manufacturing contracting
A survey shows China's manufacturing contracted this month, adding to signs a fragile recovery in the world's No. 2 economy is slowing. HSBC Corp. said Thursday the preliminary version of its monthly purchasing managers index fell to a seven-month low of 49.6 from April's 50.4 on a 100-point scale. Numbers ...
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