The latest news on business
COPENHAGEN, Denmark (AP) — Arnold Maersk Mc-Kinney Moeller, Denmark's richest man who created the country's largest enterprise, the shipping and oil conglomerate A.P. Moller-Maersk A/S, died Monday at the age of 98.
JOHANNESBURG (AP) — South Africa's finance minister, appearing braced for disappointment when the World Bank chooses a new leader later Monday, said he'll push for more international financial institution reforms.
WASHINGTON (AP) — President Barack Obama's proposal to impose a "Buffett rule" tax on the rich is generating enormous political wattage, but the plan itself would directly affect only a tiny fraction of Americans.
MADRID (AP) — The interest rate on Spanish government bonds rose sharply on Monday, a sign that investors are becoming more worried about the country's ability to afford mounting debts as its economy shrinks.
MUMBAI, India (AP) — India's headline inflation rose 6.9 percent in March, faster than expected because of rising food prices, government data showed Monday.
LOS ANGELES (AP) — DreamWorks Animation SKG Inc., the maker of "Shrek," ''Madagascar" and "Kung Fu Panda," is teaming up with Wal-Mart Stores Inc. to help people convert their old DVDs into an online movie library.
STOCKHOLM (AP) — Sweden's government has cut its economic outlook for 2012, saying problems in the eurozone are also affecting the Nordic country.
WASHINGTON (AP) — Starting next year, the check will no longer be in the mail for millions of people who receive Social Security and other government benefits.
CARTAGENA, Colombia (AP) — Exposing a rift with Israel, President Barack Obama on Sunday insisted that the United States has not "given anything away" in new talks with Iran as he defended his continued push for a diplomatic resolution to the dispute over Tehran's nuclear ambitions.
LONDON (AP) — Upbeat U.S. economic indicators helped stock markets rise on Monday, offsetting concerns about Spain, which had seen its borrowing rates jump on fears it will eventually need a bailout.