BUSINESS

China's consumer sentiment plunged in October as households curbed spending, worried by recent discouraging economic data, according to a new survey.

A quarterly slowdown of Apple's overall sales in China cast doubt on the robustness of the company's legendary profitability.

Indonesian President Joko Widodo, who is visiting the United States, did not refer directly to the USS Lassen's foray into waters claimed by China.

The German carmaker now faces intense U.S. legal scrutiny including more than 300 lawsuits, mainly from individual drivers of its diesel cars.

The copper producer needs to sell a 10.6 percent stake in exchange for a mine-contract extension.

The deal would combine the No. 2 and No. 3 U.S. drugstore chains by sales, creating the largest U.S. retail pharmacy chain by numbers of stores.

"The drift of data suggests that the first time the Fed will raise rates will be in the spring," one economist said.

The drug, to be sold under the brand name Imlygic, is an engineered version of a herpes virus that kills cancer cells when injected into cancerous lesions.

The auto industry has said, in effect, that drivers own the steel in their cars, but not the software. But the U.S. government has ruled differently.

Ahead of a visit from Michelle Obama, janitors at a Virginia army base walked off their jobs, saying managers unjustly cut hours.

International Business Machines disclosed Tuesday the Securities and Exchange Commission is looking into its accounting practices.

“Certainly, you can’t say when the economy is not growing that your original plan will be implemented as they were,” President Jacob Zuma said Tuesday.

The British oil giant told investors it anticipates crude prices will reach $60 a barrel in 2017, but to raise prices, U.S. and global production will first need to drop.

The outdoor-gear chain will close its 143 stores on the typically feverish shopping day, urging customers and employees to head outside instead.

Investors are cautiously digesting some weak earnings reports and monthly data on durable goods as Federal Reserve governors convene meeting.

Comments from Russia's Finance Minister over the country's Reserve Fund have raised further concerns about the real state of the country's economy.

“I just have three words for you: joint checking account. That money all lands in the same place, baby.”

The Chinese e-commerce company reported a solid sales increase despite the slowing growth rate of China's economy.

The 7.5 percent increase is only an average, and price hikes will vary substantially by state.

Even as the pharmaceutical giant bats away concerns over its complex pharmacy model, federal investigators have launched a new antitrust probe.

The senator put his campaign where his mouth is and rallied with union workers Monday.

With international sanctions slated for repeal as early as next year, tobacco companies could benefit from gaining a foothold now in the Iranian market.

Australia, the world's largest coal exporter, said it will not stop development of coal mines despite a call by prominent citizens to curb the country's role in global warming.

Investors in Asia and Europe exercised caution Tuesday, as uncertainty loomed over the outcome of central bank meetings in the United States and Japan.

IndiGo started operations in 2006 and has since captured nearly 40 percent of the domestic market, becoming the only consistently profitable airline in the country.

The Office for National Statistics released a preliminary estimate of U.K.'s GDP that showed economic growth had slowed to 0.5 percent in the third quarter.

While earnings dipped on low oil prices, the British oil producer managed better-than-expected results on the back of stringent budget cuts and asset sales.

The Violation Tracker database, compiled by think tank Good Jobs First, tracks companies that have violated U.S. environmental, health and safety laws.

Activist investor Daniel Loeb has bought stake in Japan's second-largest grocery chain, his fifth investment in the country in the past two years, according to reports Tuesday.