Business
Bangladesh official: Disaster not 'really serious'
The death toll in the factory-building collapse in Bangladesh rose to more than 530 on Saturday, a day after the country's finance minister downplayed the impact of the disaster on the garment industry, saying he didn't think it was "really serious." Finance Minister Abul Maal Abdul Muhith spoke as the ...
PepsiCo cuts ties with Lil Wayne over crude lyrics
PepsiCo is bowing to public pressure for the second time in a week and cutting ties with Lil Wayne over the rapper's crude lyrical reference to civil rights martyr Emmett Till. Lil Wayne, one of the biggest stars in pop music, had a deal to promote the company's Mountain Dew ...
Oil up again to near $95 ahead of US jobs data
The price of crude oil continued to rise Friday, a day after posting its biggest jump this year, as traders awaited the release of a closely watched U.S. employment report. By early afternoon in Europe, benchmark crude for June delivery was up 61 cents to $94.60 a barrel in electronic ...
Obama OK with morning-after pill sales at age 15
President Barack Obama said Thursday he was comfortable with his administration's decision to allow over-the-counter purchases of a morning-after pill for anyone 15 and older. The Food and Drug Administration on Tuesday had lowered the age at which people can buy the Plan B One-Step morning-after pill without a prescription ...
YouTube says the battle with TV is already over
YouTube vs. TV? YouTube says the battle — if there ever was one — is over. In a flashy presentation to advertisers Wednesday night, Google Executive Chairman Eric Schmidt declined to forecast that Internet video will displace television watching. Instead he declared: "That's already happened." Schmidt said "the future is ...
PepsiCo pulls Mountain Dew ad after criticism
PepsiCo is once again learning the risks of celebrity partnerships after an ad for Mountain Dew was criticized for portraying racial stereotypes and making light of violence toward women. The soda and snack food company said it immediately pulled the 60-second spot after learning that people found it offensive. The ...
Congressman, former lobbyist get housing, FCC nods
President Barack Obama acted Wednesday to fill two top regulatory posts, tapping a veteran Democratic congressman to lead the Federal Housing Finance Agency at a pivotal time for the housing market and naming a top campaign fundraiser and former lobbyist to head the Federal Communications Commission. Rep. Melvin Watt, D-N.C., ...
US manufacturing grows in April at slower pace
U.S. factory activity expanded at a slower pace in April, held back by weaker hiring and less company stockpiling. The report is the latest sign that economic growth may be slowing this spring. The Institute for Supply Management said Wednesday that its index of manufacturing activity slipped to 50.7 last ...
Montana company faces fines in fatal bear mauling
The death of a Montana animal trainer mauled by a pair of 500-pound captive brown bears could have been prevented if standard safety practices had been followed, federal authorities said Tuesday, as state officials revealed that the private menagerie where the death occurred has seen numerous animal escapes. Benjamin Cloutier, ...
Jackson's life recounted in opening of civil trial
Michael Jackson's struggle against drug addiction was on display Monday during opening statements in his mother's wrongful death case against concert promoter AEG Live. Competing portraits of Jackson emerged during the first hours of the trial, with Katherine Jackson's attorney acknowledging the pop star's drug problems while also trying to ...
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