Economy & Business

FILE - The iPhone 6 plus, at left, and iPhone 6 are displayed.

China Approves Sale of Newest iPhones

Apple also promised it never established any so-called 'back door' that allows governments to access user data More

Jonathan Blackman, left, an attorney representing Argentina in their ongoing debt issues, leaves the Federal court in New York, Sept. 29, 2014.

US Judge Holds Argentina in Contempt Over Bond Payment Plan

In rare move, District Judge Thomas Griesa says country taking 'illegal' steps to evade his orders in longstanding dispute with hedge funds over defaulted debt More

FILE - The American International Group Inc. (AIG) stock ticker is seen on a monitor as traders work on the floor of the New York Stock Exchange after the opening bell Feb. 11, 2013.

Trial Questioning Legality of AIG Bailout to Begin

Judge, in rejecting US bid to dismiss lawsuit, says the case involved 'complex financial and economic issues' that deserved analysis More

FILE - Apple Operations International, a subsidiary of Apple Inc, in Hollyhill, Cork, in the south of Ireland

EU Watchdog to Give Reasons for Inquiry into Apple's Irish Tax Savings

Apple has denied receiving any selective tax treatment from Irish authorities and Irish government reiterated that it is confident it had not breached state aid rules More

FILE - A general view shows the Air Traffic Control Center at the Hong Kong Airport.

As MH370 Search Resumes, Plans for Improving Air Traffic Control in Asia

Experts predict air passenger traffic in Asia-Pacific will grow by 5.7 percent per year in the coming years More


More Economy & Business News

China's Landlocked Northeast Turns to Russian Port as Trade Outlet

China has been seeking access to N. Korean, Russian ports because of peculiar convergence of three nations' borders on the Tumen River
More

Air France Faces More Strikes After Talks With Pilots Reach Deadlock

Union request for a mediator rejected by both the airline's management and the French government
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S. Africa Gives Cuba $31 Million Economic Aid

South African President Jacob Zuma pledged the money to Cuba in 2010, but its implementation was delayed for several years
More

Video US Economy Rebounds Faster Than Expected in Second Quarter

It's a positive sign for rest of year, after a disastrous first quarter saw country’s domestic output shrink by more than two percent
More

Iconic Store, Seized by Nazis, Rises Anew in Berlin

Mall of Berlin, rebuilt on rubble of shopping center destroyed by WWII, opens with a ceremony paying tribute to original Jewish owners of the Wertheim store
More

Facing Hostile Government, Adobe to Close China R&D Arm

California-based company will maintain China sales offices, but research and development operations will cease by end of December
More

Microsoft Offers First Look at New Windows

Tech giant will unveil a new name for its best-known product Tuesday when it offers first official glimpse of latest operating system
More

Some Republican States Finding Medicaid Expansion More Palatable

States are being persuaded by federal subsidies for insurers, hospitals, health care provider, as well as administration's willingness to accept tweaks to the law
More

Business Video

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US Economy Rebounds Faster Than Expected in Second Quarteri
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September 26, 2014 9:46 PM
The Commerce Department says the U.S. economy expanded at its fastest pace in more than two years - growing at an annualized rate of 4.6 percent from April through June. That’s a positive sign for the rest of the year, after a disastrous first quarter saw the country’s domestic output shrink by more than two percent. Some economists say it’s a sure sign the U.S. economy is on the mend, but others say it’s too soon to celebrate. Mil Arcega has more.
Video

Video US Economy Rebounds Faster Than Expected in Second Quarter

The Commerce Department says the U.S. economy expanded at its fastest pace in more than two years - growing at an annualized rate of 4.6 percent from April through June. That’s a positive sign for the rest of the year, after a disastrous first quarter saw the country’s domestic output shrink by more than two percent. Some economists say it’s a sure sign the U.S. economy is on the mend, but others say it’s too soon to celebrate. Mil Arcega has more.
Video

Video Russia's Food Sanctions Raise Price Worries, Hopes for Domestic Production

Russia retaliated against Western sanctions imposed for its actions in Ukraine by halting food imports from the West. The temporary import ban on food from Australia, the European Union, Norway and North America has Russian consumers concerned that they could face a sharp increase in food prices. But in an ironic twist, the restrictions aimed at the Kremlin have made Russia's domestic food producers hopeful this can boost their business. VOA's Daniel Schearf reports from Moscow.
Video

Video Alibaba Shares Soar in First Day of Trading

China's biggest online retailer hit the market Friday -- with its share price soaring on the New York Stock Exchange. The shares were priced at $68, but trading stalled at the opening, as sellers held onto their shares, waiting for buyers to bid up the price. More on the world's biggest initial public offering from VOA’s Bernard Shusman in New York.
Video

Video Scotland Votes ‘No’ to Independence

Scotland has voted against breaking away from the United Kingdom and becoming independent. The result in Thursday's referendum is being welcomed by other governments around the world battling secessionist movements. But in London, it heralds a complex road ahead as other regions of Britain demand greater autonomy. Henry Ridgwell reports from London for VOA.
Video

Video US Attempts Crackdown on Trafficking Along Southern Border

Nogales, Arizona, is notoriously known as a 'tunnel city,' utilized by drug traffickers to smuggle narcotics into the United States. The U.S. Border patrol and local authorities have responded with new technologies and a heavier presence in the area to help uncover and destroy the tunnels before they are completed. VOA's Ramon Taylor has more from Tucson.

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