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Business News
British economy grows 0.7 percent
LONDON (AP) -- Official figures show Britain's economic recovery is continuing, despite a gloomy global environment....
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Germany's BASF warns on profits and shares drop
BERLIN (AP) -- Chemical and oil company BASF is warning that its profits will come in below its previous forecast in the wake of slower global economic growth and industrial production....
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Survey: German consumer confidence stabilizes
BERLIN (AP) -- A survey finds that a downward trend in German consumer confidence has come to an end, despite cooler growth prospects for Europe's biggest economy....
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Rajaratnam brother barred for 5 years in SEC deal
WASHINGTON (AP) -- The brother of a jailed former hedge fund boss will be barred for at least five years from the securities industry and pay about $841,000 to settle a civil insider trading case against him....
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US average rate on 30-year home loan 3.92 percent
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