As Brazil's Economy Goes In Reverse, Illusion Of Prosperity Fades With It
Brazil's so-called economic miracle appears to have stalled, or worse, gone into reverse.
ECONOMY
Fiat Chrysler Fined $105 Million For Failing To Complete Recalls
The company will pay up to $105 million in fines for failing to fix recalled vehicles in a timely manner. The automaker also agreed to pay top trade-in value for many cars that were subject to recall.
Firearms Company Colt Defense Files For Bankruptcy Protection
Sam Colt founded the company in 1855. Colt Defense filed for Chapter 11 protection late Sunday.
After Nuclear Deal, European Businesses Flock To Iran
Iran's market of 80 million, well-educated consumers is not open yet, but French and other European business delegations are already flocking to the country. They will be the first in and have a head start, but analysts say American business could be the big winner in the end.
Carnations, Coffee And Denim: A Look At Kenya's Top 10 Exports
Those jeans you bought at Walmart? They might have been made in Kenya. Here's a look at the country's leading exports.
Anthem To Buy Cigna, Creating Largest Health Insurer By Enrollment
The combined company would have an estimated revenue of $115 billion and cover 53 million people in the U.S.
Greece Approves Reforms, Clearing Hurdle For Bailout Deal
The measures involve an overhaul to the banking and judicial systems — demands made by Greece's creditors in exchange for the 86 billion euro rescue package.
Fast-Food Workers Cheer As $15 Minimum Wage Advances In New York State
The increase, which boosts the minimum wage for many fast-food workers from $8.75 to $15 over several years, needs the labor commissioner's OK. Franchise holders say they're being targeted unfairly.
California, New York And Washington, D.C., Make Moves On Minimum Wage
The University of California system will increase hourly wages to $15, while New York is one step closer to doing the same for its fast-food workers.
With U.S.-Cuba Ties Restored, Embargo Leaves Trade Restrictions In Place
Washington, D.C., and Havana may have restored diplomatic ties, but the crippling trade embargo against Cuba is still in place — for now. President Obama has started paving the way to increase the export of agricultural products to Cuba, and to begin exporting construction and telecommunications equipment.