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Business News
Meat supplier in China scandal has global reach
NEW YORK (AP) -- It isn't a household name, but the company at the center of a food scandal in China helps make some of the world's most popular foods, including the Big Macs and Quarter Pounders served at McDonald's locations....
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SEC considering action against S&P over ratings
WASHINGTON (AP) -- Standard & Poor's said Wednesday that regulators have told the rating agency they are considering taking civil enforcement action against it over ratings it gave to six deals in 2011 involving securities tied to commercial mortgages....
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FDA approves new painkiller from OxyContin maker
WASHINGTON (AP) -- The Food and Drug Administration has approved a new combination pain pill from the maker of OxyContin that is designed to discourage abuse by painkiller addicts....
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Soybeans bounce off lowest prices since 2010
Soybean futures rose Wednesday as forecasts for dry weather pulled prices up from their lows for the year....
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US economy, though sluggish, may now be sturdier
WASHINGTON (AP) -- Out of a seemingly hollow recovery from the Great Recession, a more durable if still slow-growing U.S. economy has emerged....
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