South Korean Police Raid Home Of Ferry Company Owner; Official Death Toll In Sewol Sinking Is 128
Yoo Byung-un already has a criminal record for fraud.
JetBlue (JBLU) Pilots Succeed In Union Vote On Third Try
The budget carrier's stock dropped after the news on fears of higher costs.
Obama Says US-Japan Security Treaty Covers Disputed Senkaku/Diaoyu Islands
The islands at the center of a China-Japan dispute fall under U.S. defense commitments, the president tells a Tokyo newspaper.
Comcast, Charter Reported Near Divestiture Deal Worth Up To $20 Billion
Comcast would shed 4 million customers to a rival if the Time Warner Cable deal goes through.
Obama, Japan's Abe Under Pressure To Salvage Pacific Trade Pact
Part of the U.S.'s strategic shift towards Asia, the Trans-Pacific Partnership would connect a dozen economies by eliminating trade barriers.
Novartis And GlaxoSmithKline Trade $20 Billion In Assets Amid Changing Pharmaceutical Sector
The deal's goal is to bolster best lines and exit weaker ones, as the sector contends with health care spending cuts and generic competition.
US Supreme Court Upholds Michigan Ban On College Affirmative Action
In a 6-2 vote, the high court rejected a challenge to the voter-approved ban, although the justices were divided as to the legal rationale.
Russia Dismisses West's Sanctions Threat
Russia also accused the Ukrainian government of stirring up trouble, and said the U.S. must prevent "hotheads" from provoking a bloody conflict.
Baseball Star Stands Accused In Journey From Cuba To Big Leagues
The journey of Cuban outfielder Yasiel Puig to the U.S. has unfolded in recent days.
McDonald's Earnings Fall On Higher Beef Costs, Fewer Customers
McDonald's has posted two years of turbulent U.S. same restaurant sales, due to sluggish economic growth, stiffer competition and internal missteps.
March US Existing Homes Sales Fall to 18-Month Low In March
However, there were signs in March that a recent downward trend that has plagued the housing market may be drawing to an end.
Valeant, Ackman Offer To Buy Botox Maker Allergan For $47 Billion
Valeant said it has partnered with activist investor Bill Ackman in an unsolicited $47 billion bid to buy Botox maker Allergan.
Biden Offers Ukraine US Aid, Condemns Corruption
U.S. VP Biden added that the May 25 presidential election is an opportunity to lay the groundwork for a more unified and prosperous country.
Lockheed Boosts Profit 23%, Lifts 2014 Outlook
Lockheed, maker of the F-35 fighter jet, satellites and coastal warships, said quarterly earnings rose 23%.
GM Seeks Court Protection Against Ignition Lawsuits
Both plaintiffs and General Motors were busy in the court's previous session.
'No Response' When South Korea Ferry Crew Asked Officers For Orders To Abandon Ship
Of the 476 passengers and crew on the South Korean ferry, only 174 people have been rescued. The others are presumed dead.
US Says It Has Indications Toxic Chemical Was Used In Syria In April
Syrian opposition activists reported that helicopters dropped chlorine gas on Kfar Zeita on April 11 and 12.
US Force In Afghanistan May Be Cut To Under 10,000 Troops
There's a belief among White House officials that Afghan security forces have become strong enough to contain the Taliban-led insurgency.
US Says It Will Decide On Imposing New Sanctions On Russia 'In Days' If No Russian Action Is Taken In Ukraine
The U.S. will consider more sanctions soon if Russia doesn't move to implement an agreement to ease tensions in Ukraine.
Netflix US Streaming Business Grows, Plans Subscription Price Hike
The company said it plans to impose "a one or two dollar increase, depending on the country, later this quarter for new members only."
AstraZeneca Pipeline Of Cancer Drugs Seen As Draw For Pfizer
A deal could benefit Pfizer as it seeks to build up its cancer franchise, and acquiring AstraZeneca could bring cost savings.
Ford To Name COO Mark Fields As CEO Soon, Replacing Mulally: Source
Currently, Fields is chief operating officer; if named he would replace CEO Alan Mulally.
Russia Tells West That Ukraine Must Abide By Commitments
Russia Foreign Minister Lavrov urged U.S. Secretary of State Kerry to "influence Kiev, not let hotheads there provoke a bloody conflict."
Kerry Urges Russia To Help Implement Ukraine Agreement
Kerry urged Russia to call for separatists to vacate illegal buildings and checkpoints, accept amnesty and address their grievances politically.
Knicks Fire Head Coach Woodson
New York finished with a 37-45 record under Mike Woodson in the 2013-2014 season.
Ukraine Peace Deal Falters As Rebels Show No Sign Of Surrender
So far, pro-Moscow separatist gunmen have shown no sign of surrendering government buildings they have seized.
US Highway Safety Administration Close Four-Year Probe Of General Motor's Ion Steering Issues
The Ion was among the 1.5 million cars General Motors recalled earlier for possible loss of power steering.
Halliburton Earnings Rise On Improved North America Margins
"Our strategy is working well and we intend to stay the course," Chief Executive Dave Lesar said in a statement.
Gazprom Says Russian Gas Flows To Europe Via Ukraine Are Stable
Earlier, President Vladimir Putin said Russia would give Ukraine a month to start paying off the more than $2 billion it owes for natural gas.
Biden Offers US Aid Allocation Assistance For Ukraine Economy, Energy Sector
U.S. Vice President Biden will offer both resource allocation and energy technology assistance during a Monday visit to Kiev.