UN warns of possible new recession

The United Nations has sharply cut its economic projections for global growth and says that the world is at risk for a new recession.
The U.N.’s […]

Ryerson may name major Gardens

Ryerson University plans to make a major announcement Tuesday about its fundraising efforts for the Maple Leaf Gardens, leading to speculation the school may be […]

Fired CEO of embattled Olympus returns to Japan

Former Olympus Corp. Chief Executive Michael Woodford returned to Japan Wednesday for the first time since his firing last month triggered one of the biggest […]

Death toll from Thailand’s floods tops 600

The death toll from Thailand’s worst flooding in more than half a century has passed 600.
The floods began in late July, fed by heavy monsoon […]

Ameren pledges to hurry Lake of the Ozarks plan

Ameren Missouri says it will submit a proposal to adjust the Bagnell Dam project boundary at Lake of the Ozarks sooner than federal regulators required.
The […]

EMI will be split, sold to Universal, Sony/ATV

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Yemen: 6 al-Qaida-linked militants killed in south

A Yemeni official says security forces have killed six militants and injured many others in fighting in the city of Zinjibar, the capital of the […]

New effort to reduce drug shortages a small step

Unprecedented drug shortages are threatening the lives of cancer patients and other seriously ill people, and the Obama administration’s plan to tackle them is but […]

Norfolk Southern 3Q profit, revenue rise

Freight railroad Norfolk Southern says third-quarter profit rose 24 percent on higher rates.
Net income was $554 million, or $1.59 per share, compared with $445 million, […]

Novartis plans 2,000 jobs cuts despite profit rise

Swiss pharmaceutical giant Novartis AG said Tuesday it will cut 2,000 jobs as drug prices come under pressure from governments seeking to reduce health care […]