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Business News
Target lowers 4Q profit and sales outlook
NEW YORK (AP) -- Target is lowering its fourth-quarter profit and sales outlook after the discounter says it had sluggish holiday sales and traffic in its stores that offset a surging online business....
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Japan hotel chain under fire over denial of Rape of Nanking
TOKYO (AP) -- A fast-growing Japanese hotel chain is facing criticism over a book penned by the hotel's owner that says the Rape of Nanking was fabricated....
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World stocks mixed as dollar regains footing after slide
HONG KONG (AP) -- World stocks were mixed Wednesday following a sharp correction in the dollar that sapped investor enthusiasm....
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Seoul court considers arrest of Samsung de facto head
SEOUL, South Korea (AP) -- A South Korean court is considering whether to approve the arrest of Samsung Electronics vice chairman Lee Jae-yong, one of the country's wealthiest business leaders, on charges of bribery and other offenses....
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UN report: Asian growth outlook bright despite uncertainty
BANGKOK (AP) -- A United Nations report says Asia's economic outlook for 2017 is strong despite slowing global growth due to sluggish international trade and investment....
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