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Asia stocks sag on oil's slide, dollar dips before Fed testimony

TOKYO Asian stocks were mostly lower on Tuesday, with a sharp decline in crude oil prices weighing on energy shares, while the dollar dipped ahead of Federal Reserve Chairman Jerome Powell's first U.S. congressional testimony.

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Moonwalking: South Korea's wage, hours policies backfire for jobless, low income workers

SEOUL President Moon Jae-in wants South Koreans to work less and earn more – and to achieve that his government has hiked the minimum wage and slashed the maximum length of the working week. But Heo Jeong, who serves barley tea samples at a Lotte Mart store in Seoul, says she lost a third of her income as a result.

1:45am EDT

Warren Buffett donates $3.4 billion to Gates' and family charities

Warren Buffett has donated roughly $3.4 billion of Berkshire Hathaway Inc stock to five charities, the billionaire's largest contribution in his longstanding plan to give away his fortune.

Jul 16 2018

IBM seeks $167 million from Groupon in dispute over early internet patents

WILMINGTON, Del. International Business Machines Corp on Monday asked a U.S. jury to award it $167 million in a lawsuit accusing e-commerce marketplace operator Groupon Inc of using patented technology without authorization.

Jul 16 2018

Uber being probed for gender discrimination: source

Uber Technologies Inc is under investigation by the U.S. Equal Employment Opportunity Commission for alleged gender discrimination on issues such as pay, according to a source familiar with the matter.

Jul 16 2018

Jetmakers see brisk start to air show as UK tries to soothe Brexit worries

FARNBOROUGH, England Planemakers racked up more than $20 billion of deals on the opening day of the Farnborough Airshow on Monday, suggesting demand for new passenger jets remains in rude health despite worries over trade tensions and Brexit. | Video

Jul 16 2018

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