Cambodian shoe factory collapse kills 2, injures 7
The ceiling of a Cambodian factory that makes Asics sneakers collapsed on workers early Thursday, killing two people and injuring seven, in the latest accident spotlighting the often lethal safety conditions faced by those toiling in the global garment industry.
Stocks keep climbing even as manufacturing softens
Investors nudged the stock market to all-time highs Wednesday despite a handful of disappointing economic reports.
Eurozone recession is now longest in currency bloc
The eurozone is now in its longest ever recession — a stubborn slump that has surpassed even the calamity that hit the region in the financial crisis of 2008-2009.
House panel set to OK cut in food stamp program
A House committee rebuffed Democratic efforts Wednesday to keep the $80 billion-a-year food stamp program whole, as debate on the farm bill turned into a theological discourse on helping the poor.
5 convicted in Kansas City stock fraud case
A jury on Wednesday convicted the founder of a Kansas City company and four associates of cheating investors by selling them millions of dollars of worthless stock and spending the money on themselves.
Health reforms penalize some Indians
When Liz DeRouen needs any kind of health care services, from diabetes counseling to a dental cleaning, she checks into a government-funded clinic in Northern California’s wine country that covers all her medical needs.
Study: OKPOP Museum would have near $18M impact
A new study estimates that the proposed Oklahoma Museum of Popular Culture in downtown Tulsa would have a nearly $18 million impact in its first year of operation.
Stock prices trade flat as manufacturing softens
A report of slowing manufacturing is getting the stock market off to weak start Wednesday.
News that Europe’s economic slump dragged France into a recession also weighed on markets.
Arctic states open council to China, India, Korea
Arctic states agreed Wednesday to let nations that are located nowhere near the Earth’s north to become observers to their diplomatic council, boosting rising superpowers China, India and South Korea that are seeking to mine the region for its untapped energy and other natural resources.
Geneva auction sells nearly $5M of actress’ jewels
A diamond jewelry collection belonging to Italian screen actress Gina Lollobrigida fetched $4.9 million at auction, some of which she plans to donate to stem cell research, Sotheby’s said Wednesday.
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