ECONOMY & MARKETS

Nearly one-third of California is experiencing "exceptional" drought levels as the state withers under its highest temperatures on record.

India's investigation of black money in secretive Swiss banks was triggered by a list of accounts at HSBC leaked by a whisteblower.

It was the first time since December that the PMI was in growth territory, and the highest reading since November.

Greek authorities make biggest heroin seizure in Europe.

Border Patrol is detaining 700 migrants a day.

The need for crowd control and to protect corporate sponsors is having mixed effects on businesses in and around the World Cup.

Tesla Motors Inc. unveiled new fast-charging stations for electric vehicles this week in Germany and a showroom in Dallas.

The price was 17 percent higher than what AVR paid when it bought the building from Boston Properties in 2007.

Same-sex couples will receive both workplace protections and most federal benefits even if their state doesn't allow gay marriage.

The outgoing head of NATO claims Russian operatives are secretly behind the anti-fracking movement sweeping Europe.

Rights activists says Brunei should be kicked out of free-trade talks after it legalized capital punishment for gays and adulterers.

Federal energy regulators on Thursday voted to let Sempra Energy's major natural gas export project in Louisiana move forward.

Thailand's coup has put the country's rice-export industry in jeopardy.

City officials and unions are trying to fix the Motor City’s unfunded pension obligations. If it works, the cure could spread.

Investing is a zero sum game and for every loser, there's a winner somewhere.

Though they’re still not sure why, researchers say the connection is clear.

Global oil prices, currently around $114 per barrel, would have to pass $120 to sharply slow the world economy.

American space companies said they still have contracts for Russian equipment, but they're rushing to develop their own technology.

Talks are nevertheless expected between the two sides in New York next week.

Clashes continue at Iraq's largest oil refinery in Baiji, a day after insurgents from the Islamic State of Iraq and Syria (ISIS) seized control of the facility.

Economic sanctions, which had so far barred the use of normal banking channels for oil payments, have crippled Iran’s economy.

"Everyone stay calm. This has been studied extensively so that the reconstruction of Argentina isn't jeopardized.”

"Economic activity is rebounding in the current quarter and will continue to expand at a moderate pace."

U.S. oil and gas drillers are buying more 'frac' sand to drill deeper wells, and investors are reaping sky-high profits.

Data follows weak reports on new investment and construction last week.

The Russian gas giant says the upfront money in the $400 billion deal will help build the "Power of Siberia" pipeline.

Argentinians face yet another debt crisis. What are the options -- and who would get hurt?

The president said he’ll give entrepreneurs access costly technology. That won’t create the 29,000 manufacturing jobs he needs every month.

California solar company SolarCity told investors Tuesday that it would enter bumpy world of solar panel manufacturing by acquiring panel maker Silevo.