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Updated: 12 min 54 sec ago

White Collar Crime Drives Up London Property Prices

Wed, 08/12/2015 - 3:42pm

Property prices in London have skyrocketed, and British police say money being laundered by international criminals is now the biggest factor driving the boom.

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Devaluation Of Chinese Currency Fuels Fears About Global Economy's Strength

Wed, 08/12/2015 - 3:42pm

Global markets continued to fall after China devalued its currency for a second straight day on Wednesday. The moves to weaken the yuan could damage U.S. multinational firms because their goods become more expensive in China.

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India Seeking $99 Million From Nestlé Over Noodle Soup Scare

Wed, 08/12/2015 - 2:29pm

A class action accuses Nestlé of "gross negligence, apathy and callousness" over what the government says were tainted batches of the company's popular Maggi brand of instant noodles.

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China Again Lets Its Currency Fall, And Stocks Follow

Wed, 08/12/2015 - 7:13am

The decision to devalue the yuan has shaken investors who fear a currency war and question the health of China's economy, the second-largest in the world.

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Mail-Order Music Giant Columbia House Files Chapter 11 Bankruptcy

Wed, 08/12/2015 - 4:07am

The music and movie subscription company has been called "the Spotify of the '80s." Columbia House moved exclusively to DVDs but could not stay afloat in an industry crowded with streaming services.

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Wyoming Boom Town Worries Less Demand For Coal Will Darken Its Future

Wed, 08/12/2015 - 4:07am

In Wyoming, the coal mining town of Gillette is booming. But under the Obama administration's new regulations for carbon emissions from power plants, demand for coal is expected to plummet.

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China Cut Its Currency — And Touched Your Life. Here's How.

Tue, 08/11/2015 - 4:46pm

China lowered the value of the yuan, and that sent all sorts of prices lower. So you may soon be paying less for gas, food and lumber. But there are downsides too: U.S. stocks fell hard.

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