The Federal Reserve’s decision to raise the interest rate on short-term loans sent overseas stocks lower and gave fresh momentum to a rise in the dollar.
The largely technical change in policy signals that the threat of a collapse in financial markets — so real just a year and a half ago — has dissipated.
Stricter lending policies from China to Australia have been in effect for months, underscoring the two-speed path of the global recovery.
Experts in the U.S. traced attacks on Google and other corporations to computers at two schools in China, including one with ties to the Chinese military.
Tobacco companies plan to use light packaging to identify “light” cigarettes, which critics say skirts the law.
Though health insurers have come under attack by Washington for raising rates, the weak economy and rising cost of medical care may leave them little choice.
Dell executives hope that the end of the economic downturn will result in a resurgence in technology spending.
Akio Toyoda accepted an invitation to testify at a hearing next week in the aftermath of the recall of millions of cars.