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Articles
Regulator Rejects Exelon-Pepco Merger
After reviewing testimony, the Washington DC Public Service Commission said the merger "was not in the public interest."
Bargain-Hunting Day on Stock Market as China Cuts Rates
The rebound in the U.S. and European markets may be short-lived, however.
BHP Billiton wordmark and logo.
Commodity Price Slump Hammers BHP Billiton’s Profits
The financial collapse in China hits mining hard, as BHP Billiton records an 86% drop in annual net profit, following an 82% slump for Rio Tinto and an 88% drop for Fortescue Metals.
A Boeing 787 at Beijing Capital Airport.
Boeing: China Needs 6,300 New Planes by 2034
Amid the backdrop of another big market drop, Boeing increases the aircraft forecast for China in its current market outlook.
President Barack Obama discusses renewable energy.
Obama Makes Case for Renewable Energy
'We see the trend lines, we see where technology is taking us, we see where consumers want to go. That has some big fossil fuel interests pretty nervous, to the point where they are trying to fight renewable energy.'
US Stocks End Sharply Lower: S&P 500 -3.94%
The broad-based S&P 500 tumbled 77.68 points (3.94%) to 1,893.21, pushing the index into "correction" territory, normally defined as a loss of 10% or more.
Apple Growth Still 'Strong' in China, CEO Says
Despite stock decline, iPhone activations and App Store performance are up, says Tim Cook.
Investors observe stock market numbers Friday in Hangzhou, China.
Global Stocks Plunge Further on Chinese Woes
The markets are down everywhere, including 8.49% in China, 5.25% in Germany, 4.80% in France, 4.61% in Japan, 4.47% in the United Kingdom and 4.09% in Australia — with oil under $40 per barrel for the first time since 2009.
A multirotor quadcopter drone flies near Zeestow, Germany.
Keep Looking Up
The number of close calls between aircraft and drones has increased dramatically this year, according to the FAA. What can be done? What should be done? And when will the problem be curbed?
Firefighters spray water on a a blaze near Tokyo.
Fire Burns at Steel Plant Near Tokyo Airport
Workers might have started the fire by using gas burners to dismantle the plant, which stopped operations in June and will close later this year.
India Pledges Solar Power to Pacific Islands
India is attempting to boost its profile in the Pacific, at a time of growing Chinese influence in the region.
US Presses China to Continue Reforms After Yuan Devalued
Washington remains worried that a weaker yuan policy would aim at promoting Chinese exports at the expense of imports.
The Samsung logo at company headquarters in South Korea.
Samsung Eyes First Entry into US Stock Markets
A Samsung biotechnology affiliate will likely be listed next year on the Nasdaq, the first time Samsung will enter any American stock market.
A Chinese steelworker labors in front of a blast furnace.
What’s Wrong with China’s Slowing Economy?
Breaking down what has gone wrong with the world's second-largest economy — and what might still happen.
Workers assemble toy cars in a Chinese factory.
Chinese Manufacturing Index Tumbles to Lowest Point Since 2009
A volatile stock market and a devalued currency are already driving a slump in the Chinese economy. How will the lowest manufacturing activity in 77 months affect a country in turmoil?
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