TransAsia Airways plane crashes in typhoon-hit Taiwan, killing 47 11:58am EDT

TAIPEI - A TransAsia Airways turboprop plane crashed on its second attempt at landing during a thunderstorm on an island off Taiwan on Wednesday, killing 47 people and setting buildings on fire, officials said.

PepsiCo raises profit forecast as North America snack sales rise 12:20pm EDT

- PepsiCo Inc's PEP.N higher-than-expected quarterly profit could give the company more ammunition against an activist investor who wants it to separate its snack and beverage businesses.

Tanker charge tarnishes Boeing's second-quarter profit 12:21pm EDT

- Boeing Co reported a 52 percent jump in quarterly profit, helped by higher commercial plane deliveries and one-time tax gains, but investors were spooked by rising costs in its military tanker program.

A woman reads a pamphlet in Spanish at a health insurance enrollment event in Cudahy, California March 27, 2014. REUTERS/Lucy Nicholson

Obamacare legal knot not easy to untangle

NEW YORK - Judges have their work cut out for them untangling a legal knot created when two federal appeals courts released conflicting rulings hours apart going to the heart of the role the federal government will play in Obamacare.  Full Article 

A man walks past Deutsche Bank offices in London December 5, 2013. REUTERS/Luke MacGregor

Problems at Deutsche Bank's U.S. operations

FRANKFURT, - The Federal Reserve Bank of New York has found serious problems in Deutsche Bank's U.S. operations, including shoddy financial reporting, weak technology and inadequate auditing and oversight, a source told Reuters.  Full Article 

Specialist Geoffrey Friedman reacts to the Dow Jones industrials average passing 17,000 on the floor of the New York Stock Exchange July 3, 2014.  REUTERS/Brendan McDermid

Markets unfazed as world conflicts flare

LONDON - Over the course of the past month, global conflicts have flared, potentially threatening world energy supplies, if not globalized business links and supply chains. Yet the world's main financial markets have barely blinked.  Full Article 

The wanted poster of Yoo Byung-un. REUTERS/Incheon Metropolitan Police Agency

Ferry fugitive hid in wall to evade arrest

SUNCHEON/INCHEON, South Korea - South Korea's most wanted man, whose heavily decomposed body was found in an orchard last month, had evaded arrest by hiding behind an upstairs wall of a wooden cabin.  Full Article 

Report
Celebrations as Costa Concordia begins final journey

Amid cheering and horn blasts, the hulk of the Costa Concordia cruse ship is making its final journey, away from the Italian island of Giglio where it ran aground two and a half years ago. Rob Muir reports.