Microsoft says government officials make sudden visits to China offices

BEIJING - Chinese government officials have made sudden visits to Microsoft Corp offices in China, a spokeswoman for the company said on Monday, but declined to give any reason for the inspections.

Recent Business News

Argentina sending team to New York for last-minute debt talks

BUENOS AIRES - Argentina will send a negotiating team to New York on Monday for further talks with a U.S. court-appointed mediator in a debt dispute with 'holdout' investors, cabinet chief Jorge Capitanich said, with just three days to go to avert a default.

9:45am EDT

Europe nervy as Russian assets hit by new sanctions talk

LONDON - The euro was stuck near its lowest level since November and Russian markets tumbled for a third straight day on Monday as new European sanctions for Moscow chilled the already frosty relationship between the two.

7:55am EDT

Tyson to sell Mexico, Brazil poultry businesses to JBS

- Tyson Foods Inc TSN.N, the biggest U.S. meat processor, said on Monday it would sell its Mexican and Brazilian poultry businesses to bigger global rival JBS SA's JBSS3.SA Pilgrim's Pride for $575 million.

Deals, Brazil, Mexico 9:56am EDT

Nissan aims to boost U.S. sales and profit as it closes on Honda

YOKOHAMA Japan - Nissan Motor Co Ltd aims to boost sales and profitability in the United States, its biggest market, an executive said, after Japan's No.2 automaker posted a 14 percent rise in quarterly U.S. sales, closing in on rival Honda Motor Co .

6:30am EDT

Hague court orders Russia to pay over $50 billion in Yukos case

MOSCOW/LONDON/AMSTERDAM - The Hague's arbitration court ruled on Monday that Russia must pay a group of shareholders in oil giant Yukos $51.6 billion for expropriating its assets, a big hit for a country teetering on the brink of recession.


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Sector Summary

Millennials: forever renters or just delayed homeowners?

The White House wants to help you move out of your parents’ basement. That was the message from Jason Furman, the chairman of the White House’s Council of Economic Advisers, at the Zillow Housing Forum in Washington yesterday.