Taxes around the world

Not every person in the world has the same relationship with the taxman as Americans do. Let’s look at taxing throughout the globe, including what people...

Tiny power plants hold promise for industry under scrutiny, new global nuclear chief says

PARIS – Small underground nuclear power plants that could be cheaper to build than their behemoth counterparts may herald the future for an energy industry under...

Yahoo soars with 1Q rating ad sales

  SAN FRANCISCO — Yahoo is prospering from its lucrative investments in Asia while the Internet company’s listless advertising sales are picking up, if ever so...

Should airlines rejoice over high oil prices?

  NEW YORK — Airline executives frequently complain about fuel costs. But the truth is higher prices actually have been good for business. In the past...

Canada imposes more sanctions over Ukraine

OTTAWA – Canada is trying to put more pressure on Russia over the crisis in Ukraine. Foreign Affairs Minister John Baird has announced additional sanctions and...

Bank of America to eliminate 3,000 jobs in Costa Rica, the Philippines and Mexico

NEW YORK – Bank of America says it’s cutting about 3,000 jobs overseas as part of ongoing reviews of its global operations. The jobs are located...

Money & Your Happiness

Malaysia awards license to $618 mln venture to produce fuel efficient SUVs for China automaker

    KUALA LUMPUR, Malaysia – Malaysia has awarded a manufacturing license to a 2 billion ringgit ($618 million) venture that will assemble fuel-efficient SUVs for...

Japan pharmaceutical company Takeda penalized over diabetes drug, plans to challenge verdict

TOKYO – A U.S. jury ordered Takeda Pharmaceuticals to pay $6 billion in punitive damages over a diabetes drug, but Japan’s biggest drug-maker is challenging the...

Samsung’s profit falls as smartphones get cheaper, competition heats up in emerging markets

SEOUL, South Korea – Declining smartphone prices hit profit at Samsung Electronics Co. for a second straight quarter. The consumer technology heavyweight said Tuesday that it...