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Financial Headlines From The Associated Press

  • China's mega-tours draw attention abroad, critique at home
    BEIJING (AP) -- All-expenses-paid trips to reward top salespeople aren't unusual, but direct marketing companies that are the Chinese versions of Amway, Avon and Herbalife are taking it to an extreme by sending thousands abroad on package tours....
  • Merkel warns 'whole lot left' to do on Greece bailout talks
    RIGA, Latvia (AP) -- With Greece facing a potential default in two weeks, German Chancellor Angela Merkel on Friday sought to add urgency to the talks between the country and its international creditors, warning that "very, very intensive work is still needed."...
  • South Korea court frees Korean Air "nut rage" executive
    SEOUL, South Korea (AP) -- A South Korean court Friday suspended the prison term of the former Korean Air executive whose onboard "nut rage" tantrum delayed a flight last year, immediately ending her incarceration....
  • China stocks hit 7-year high, Europe muted ahead of Fed
    HONG KONG (AP) -- Chinese stocks hit a seven-year high as investors pinned their hopes on further economic stimulus while most other world markets were subdued Friday ahead of a speech by Federal Reserve chair Janet Yellen....
  • Drought-ridden California faces decision on new water cuts
    FRESNO, Calif. (AP) -- Farmers along the river delta at the heart of California agriculture expected to get an answer Friday on their surprise offer to give up a quarter of their water this year in exchange for being spared deeper mandatory cutbacks as California responds to the worsening drought....

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