Business News
Obama defends US wars as he accepts peace prize
3 hrs ago
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President Barack Obama entered the pantheon of Nobel Peace Prize winners Thursday with humble words, acknowledging his own few accomplishments while delivering a robust defense of war and promising to use the prestigious award to "reach for the world that ought to be."
Exports up for 6th straight month, boost recovery
34 mins ago
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The economic recovery is likely to draw strength from exports such as farm products, autos, aircraft and industrial machinery - all of which helped lower the nation's trade deficit in October.
Wintry storm blows east with high winds, snow
37 mins ago
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A deadly, windy storm that has tortured a wide swath of the country for days is threatening to drop up a foot of snow on parts of New York, Pennsylvania and New England before blowing off the coast of Maine.
Obama: Afghanistan troop drawdown won't be steep
57 mins ago
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President Barack Obama said Thursday that the withdrawal of U.S. troops from Afghanistan, set to start in 19 months, will be gradual, and U.S. aid to that nation will last for years.
Showdown vote nears on importing low-cost drugs
8 hrs ago
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A bipartisan group of lawmakers hopes to finally win a long struggle to ease curbs against importing low-cost prescription drugs but will have to overcome the Obama administration and the pharmaceutical industry to do so.
Soros: Finance gap could 'wreck' climate talks
38 mins ago
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The $10 billion a year proposed by rich nations to help the poor adapt to climate change is "not sufficient" and the gap between what's offered and what's needed could wreck the Copenhagen climate conference, American billionaire George Soros said Thursday.
Court to rule if Polanski can fight case from afar
6 hrs ago
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A Los Angeles appeals court on Thursday considers whether Roman Polanski needs to appear in person to pursue his claim that his child rape case was tainted by judicial and prosecutorial misconduct and should be thrown out.
IOC approves cycling changes, adds mixed doubles
47 mins ago
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Olympic leaders approved major changes Thursday in track cycling - including elimination of the sport's signature endurance race - and the addition of mixed doubles in tennis for the 2012 London Games.