U.S. Treasury yields are sharply higher and the dollar is strong but global stocks and emerging-market assets are weak after Federal Reserve Chairman Ben Bernanke set the stage Wednesday for a gradual tapering of the Fed's measures to stimulate the U.S.

Wed Jun 19, 2013 11:14pm EDT. * MSCI Asia ex-Japan slides 2.8 pct to 9-month low. * U.S. Treasury yields hit 15-mth high, underpin dollar.

China's manufacturing is shrinking at a faster pace this month, adding to stresses in the economy and financial system after interbank borrowing costs surged to the highest in seven years.

The loyalty of airline passengers will no longer be measured in miles, as industry watchers have long anticipated. In the future, earning the stature and privileges of a high-end frequent flier will be tallied in a more conventional currency: cold, hard cash.

Company abruptly fires its founder on the day it was scheduled to hold its annual shareholder's meeting. new. Former Men's Wearhouse chairman George Zimmer is seen in 2008.

Four large U.S. banks have failed to comply with key elements of a landmark $25 billion mortgage settlement, an independent monitor said Wednesday.

Dunkin' Donuts is poised to beat McDonald's Corp. (MCD) and Starbucks Corp. (SBUX) in introducing the fast-food industry's first gluten-free pastries nationwide.

By Mari Saito. TOKYO | Thu Jun 20, 2013 12:32pm IST. TOKYO (Reuters) - Sony Corp (6758.T) shareholders pressed its chief executive for a response to hedge fund Third Point's proposal for a partial spinoff of its profitable entertainment arm but Kazuo Hirai ...

Two San Francisco property owners dubbed "landlords from hell" for making their tenants' lives unbearable before fleeing to Italy and hiding out for two years have been convicted of a raft of crimes in the case and will do state prison time, authorities ...

A MakerBot 3-D printer produced a sculpture at the CeBit computer fair in Hanover Fabrizio Bensch/ReutersA MakerBot 3-D printer produced a sculpture at the CeBit computer fair in Hanover, Germany, in March.