West Virginia billionaire Jim Justice made his fortune in coal and agriculture, and he is revered in his home state as the man who rescued the historic Greenbrier resort from bankruptcy.
Europe is mired in debt and recession. Financial markets have hit violent ups and downs on fears that U.S. stimulus efforts may soon be scaled back. Japan is finally looking up after years of stagnation — but it remains an open question if the recovery will stick.
As President Barack Obama pushes an ambitious agenda to liberalize global trading, political trade wars already are forming, and they're with fellow Democrats rather than with Republicans, his usual antagonists.
Thomas Penfield Jackson, who as a federal judge in Washington presided over a Microsoft antitrust case and declared the software company a monopoly, has died.
General Motors is recalling more than 193,652 SUVs from the 2006 and 2007 model years because a circuit board in the driver's door could short and cause a fire.
Vietnamese police have arrested one of the country's best known bloggers for posting criticism of the communist government, intensifying a crackdown against Internet-fuelled dissent in the one-party, authoritarian state.
Eastman Kodak Co. says it's ending in-house production of one of the key components of camera film and cutting 61 jobs.
The International Monetary Fund say the U.S. economy is on sounder footing than it was a year ago but is still being restrained by government spending cuts and tax increases.
A rise in food and gas costs drove a measure of wholesale prices up sharply in May. But outside those volatile categories, inflation was mild.
U.S. factories barely increased their output in May after two months of declines, a sign that manufacturing is providing little support for the economy.
France told fellow members of the European Union on Friday that the movie and television industry must be kept out of hotly anticipated free trade talks with the United States, even if it delays the formal start of negotiations next week.
Americans stepped up purchases at retail businesses in May, spending more on cars, home improvements and sporting goods. The gain shows consumers remain resilient despite higher taxes and could drive faster growth later this year.
U.S. businesses increased their stockpiles in April but their sales fell for a second straight month, held back by a decline in orders to American factories.
The number of Americans seeking unemployment benefits dropped 12,000 last week to a seasonally adjusted 334,000, a decline that suggests steady job gains will endure.
Fixed U.S. mortgage rates rose for the sixth straight week, putting the average rate on the 30-year loan just shy of 4 percent.