Business News
Labor official blamed for Job Corps problems quits
Labor official who took blame for problems at federal Job Corps program resigns
Vatican, US Treasury agree to share financial data
Vatican, US Treasury ink agreement to exchange financial info to fight money laundering
Oil slips on expectation of bigger US supplies
Oil slips on expectation US supplies are growing and report that Saudis boosted output
BMC Software agrees to be sold for $6.6 billion
BMC Software agrees to be sold to private investor group led by Bain, Golden Gate for $6.6B
EU: Motorola may have violated antitrust rules
EU preliminary finding: Motorola may have abused market position regarding mobile technology
Dow has its first close above 15,000 points
New milestone for Dow Jones industrial average: first close above 15,000 points
Diplomats: Brazil wins race for next WTO director
Diplomats: Brazilian ambassador selected as next World Trade Organization director
Ethiopian Air wants compensation for 787 grounding
Ethiopian Air to seek compensation for grounding of Boeing 787s
Survey: US home prices up 10.5 pct. in past year
A measure of US home prices rose 10.5 percent over past year, as housing recovery endures
Portugal sells bonds for first time since bailout
Portugal sells 10-year bonds for first time since 2011 bailout avoided financial collapse
Portugal sells bonds for first time since bailout
Portugal sold 10-year bonds Tuesday for the first time since it needed a bailout in 2011, representing a milestone in efforts to restore investor confidence in the frail eurozone country and prove that contested austerity policies are paying off.
Lower bad loans give HSBC a big Q1 profit boost
HSBC reports first quarter profits more than double to $6.35 billion
IMF's Lagarde criticizes US spending cuts
IMF chief Lagarde criticizes US government spending cuts; jeered by students in Amsterdam
French finance chief hails easing off austerity
French finance chief hails Europe's decision to slow down pace of debt reduction
Oil slips below $96 as fears over Syria ease
Oil prices slip below $96 a barrel as fears ease of Israeli involvement in Syria's civil war
Stocks edge higher in early trade on Wall Street
Stocks edge higher in early trading on Wall Street, putting the Dow back above 15,000 points
Bank of China cuts off North Korea trade bank
Bank of China halts business with North Korea's Foreign Trade Bank
Futures edge higher, following markets overseas
US stock futures edge higher with markets hovering near historic highs; Disney earnings on tap
Diageo to replace long-serving CEO
Diageo, world's largest distiller, says Ivan Menezes to replace Paul Walsh as chief executive
Rich Chinese look abroad to preserve wealth
Report: Rich Chinese investing abroad to protect wealth, some expect children to emigrate



