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Business News
China announces plans for deposit insurance in bank reform
BEIJING (AP) -- China announced plans on Tuesday to roll out its first deposit insurance in May as part of steps to make the state-owned banking industry more flexible and competitive....
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Harman buying Bang & Olufsen Automotive audio business
NEW YORK (AP) -- The audio and electronic systems company Harman International Industries Inc. will buy Bang & Olufsen Automotive for about $157.3 million....
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Philips sells stake in LED components, automotive lighting
THE HAGUE, Netherlands (AP) -- Electronics giant Philips says it is selling a majority stake in its LED components and automotive lighting division to a consortium led by investment fund GO Scale Capital in a deal worth up to $2.9 billion....
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Rates for US Treasury bills edged up at weekly auction
WASHINGTON (AP) -- Interest rates on short-term Treasury bills rose in Monday's auction to the highest levels in two weeks....
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Business Highlights
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Poll
Following the German airline crash and all that's been reported about it, how are you feeling about flying?
  I'm more nervous but will still be flying.
  It was an isolated incident and won't stop me from flying.
  Very frightening and I won't fly anytime soon.
 
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