NEW YORK, April 27- A more stringent inspection of old tank car axles might have prevented an explosive BNSF train collision in Casselton, North Dakota, in December 2013, according to documents posted by the National Transportation Safety Board on Monday. In a letter to the Association of American Railroads dated April 7, 2014, the NTSB said tests carried out by...» Read More
Former top financial bureaucrat Toshiro Muto is the leading candidate to become Japan's next central bank governor with Prime Minister Shinzo Abe to pick a nominee as early as this week.
Investors are betting Indian bonds are set for their biggest rally since the global financial crisis, wagering that a government will put fiscal discipline ahead of election largess.
Owned by art, film and real estate mogul Zhang Baoquan, Tree Resort World on Sanya Bay bar marks the Chinese government's first tacit approval of a gaming concept outside of Macau.
Kraft Foods Group said fourth-quarter revenue likely declined about 11 percent from a year earlier due to reductions in trade inventories, but raised its forecast for 2013.
Greece is pinning its hopes of boosting revenue from an antiquated tax system beset by massive evasion on Harry Theoharis, a boyish-looking 42-year-old who describes himself as an "IT monkey."
After sitting out the industry's last round of mega-mergers, airline giants AMR Corp , parent of American Airlines, and US Airways Group are finally tying the knot. Meet the matchmakers: the financial and legal advisers for AMR's unsecured creditors' committee in bankruptcy.
'Currency wars' will come to Moscow on Friday as finance officials from the Group of 20 nations spar over Japan's expansive policies that have driven down the value of the yen.
Some of the biggest hedge funds that helped make Apple a stock market darling lost faith and dumped their stakes in the fourth quarter, fueling the massive drop in the iPhone maker's share price.
The U.S. St. Louis Fed Bank President James Bullard said the switch to outright open-ended bond purchases, plus the adoption of thresholds to guide expectations on when the Fed would start to raise interest rates, were making policy more effective.
The European Union's executive formally proposed on Thursday a tax on financial trading in 11 countries to raise up to 35 billion euros annually, saying it was a first step to applying the levy across the whole bloc.
Discoveries so far of horsemeat in products sold as beef are likely to be the "tip of the iceberg", a British parliamentary report into the scandal said on Thursday.
A federal judge has dismissed antitrust lawsuits accusing Visa, MasterCard, JPMorgan Chase, Bank of America and Wells Fargo of conspiring to fix automated teller machine fees.
Unsecured creditors of American Airlines parent AMR have approved an $11 billion merger with US Airways, sources said. The deal is expected to be announced Thursday.
A $2 trillion economy and a stock market that trades at valuations cheaper than Pakistan - Russia is struggling to gain the trust of international capital.
Being a big wheel in the earth mover business, Vipin Sondhi has a very clear idea why the Indian economy is stuck in the mud and what the government must do to change the mindset of business executives, like himself.
In the State of the Union, Obama will lay out a plan for economic growth, seeking to attract jobs from overseas, the White House said. Traders are interested in his tone.
Intel plans to launch an online television service this year that will stream live TV as well as provide content on demand.
Monetary policies must not be directed at devaluing currencies, the Group of Seven nations said in a statement aimed at cooling growing international tensions over exchange rates and prompting yen to surge.
Homeowners who took on mortgages well after the housing bubble burst are doing a better job in keeping up with payments, a trend that has helped push the national rate of late payments on home loans to the lowest level in four years.
Six big French retailers said on Sunday they were recalling lasagna meals and other products suspected of being mislabeled after the discovery of horsemeat in beef products.