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Asia stocks edge higher, dollar down after Fed meeting

TOKYO Asian stocks edged up on Thursday after the Federal Reserve provided an positive assessment of the world's largest economy and lifted risk sentiment.

Recent Business News

Venezuela roils corporate profits around the globe

BOSTON U.S. companies operating in Venezuela have escalated the use of an accounting maneuver to insulate themselves from a worsening economic crisis in the South American country that has erased more than $10 billion in profits over the past 18 months.

3:28pm EDT

In clash of billionaires, Bloomberg calls Trump White House race 'a con'

PHILADELPHIA New York media mogul Michael Bloomberg assailed fellow billionaire Donald Trump on Wednesday, calling his U.S. presidential race a "con" and ripping into his history of bankruptcies and lawsuits.

Election 2016, Politics 10:35pm EDT

Teva, Allergan win U.S. antitrust approval for generics deal

WASHINGTON Teva Pharmaceutical Industries Ltd won U.S. antitrust approval to purchase Allergan Plc's generics business, after agreeing to divest 79 generic drugs to rival firms, the Federal Trade Commission said on Wednesday.

5:42pm EDT

U.S. durable goods orders data points to weak business spending

WASHINGTON New orders for U.S. manufactured capital goods rose less than expected in June amid weak demand for machinery, suggesting an ongoing downturn in business spending.

2:44pm EDT

Boeing posts lower-than-expected second-quarter loss, stock gains

NEW YORK Boeing Co reported a smaller-than-expected second-quarter loss on Wednesday, cushioned by strong performances in its jetliner and defense businesses.

3:07pm EDT

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