BUSINESS

An American executive has been detained at his factory near Beijing for the past four days by workers demanding severance packages.

This week’s U.S. data releases are likely to highlight the current contrast between trends in the industrial and household sectors.

With Europe and Asia down about 1% Mon., U.S. traders are anticipating a bumpy start to the week.

Swiss bank UBS AG becomes second bank in two months to exit the wealth management business in India to focus on 'core strengths.'

Fears about the US Fed's bond-buying program weaken Indian markets and currency, prompting an exodus of overseas investors in June.

The BIS said the global economic crisis had peaked, and governments should take over from central banks the task of rejuvenating their economies.

The U.S. Centers for Medicare & Medicaid Services has launched a revamped HealthCare.gov site to answer questions.

A stunt plane crashed at an air show near Dayton, Ohio, killing two people.

A new concept video surfaced online on Friday, showing an iPhone with a massive 5.7-inch screen, running on iOS 7.

Southwest Airlines resumed services late midnight on Friday after a computer glitch temporarily grounded flights.

One woman is dead, and two others are missing because of a boating accident in Lake Powell between Arizona and Utah.

Armed groups in Colombia are booking higher earnings through illegal gold mining than through illegal cocaine production.

Mexico's President Enrique Pena Nieto announced planned changes in energy giant Pemex -- but not everybody is on board with them.

The sentence-reduction deal between prosecutors and Jeffrey Skilling includes the return of $41 million to Enron victims.

Chevron’s Polish subsidiary says it is merely exploring for shale gas near a Polish village.

The cost of living in Manhattan is 2.74 times that of the least expensive city in the U.S., Harlingen, Texas.

German Chancellor Angela Merkel met with Russian President Vladimir Putin to express the EU's interest in closer trade relations.

Google has until July 16 to destroy data it discovered it had harvested from its mapping endeavors.

With Japan, South Korea and Western companies' investments, Myanmar's economic boom cannot be too far off.

Best Buy issued a recall notice for 5,100 MacBook Pro replacement batteries.

Japan Inc.’s aggressive foray abroad has been stagnating investment at home.

Creators claim that their flying bicycle is the world’s first and are raising funds on Kickstarter to finish designing the bike and get it into mass production.

A new JD Power study shows solid June sales put auto sector on pace to set sales records in 2013.

Russia will invest half of its welfare reserves in a bid to boost the flagging economy.

China in particular is struggling through a period of transition, with lower growth rates, said Barclays economists.

Apparently there are enough people in Southeast Asia now who can afford $200,000 super-luxury cars.

Letícia Frose, university student and protester, talks to the International Business Times about the situation in Brazil.

Federal Reserve monetary policy will be the most “immediate risk” to market stability in coming months, Barclays economists say.

Tesla CEO Elon Musk unveiled a new battery-swap system that can fully charge a Model S electric car in just 90 seconds.