U.S. taxpayers help fund oil-train boom amid safety concerns

For the past 18 months, Americans from Albany to Oregon have voiced growing alarm over the rising number of oil-laden freight trains coursing through their cities, a trend they fear is endangering public safety.


China economic growth may slow to 7.1 percent in 2015: central bank report

China's economic growth could slow to 7.1 percent in 2015 from an expected 7.4 percent this year, held back by a sagging property sector, the central bank said in research report seen by Reuters on Sunday.

Senate passes spending bill, ends government shutdown threat

The U.S. Senate on Saturday passed a $1.1 trillion spending bill that lifts the threat of a government shutdown as Congress attempts to wrap up a two-year legislative session marked by bitter partisanship and few major accomplishments.

You may already be too late for hottest holiday toys

If you still have Disney's Frozen Castle and Ice Palace Playset on your holiday gift list this year, you may already be out of luck. With Christmas approaching, the $119 toy - made by Mattel Inc - is sold out. Of course, you can find it at resellers for about $225 and even as high as $700 on eBay.


Latest News

Hacking of computers at Belgian telecoms firm Belgacom, alleged to have been carried out by a British spy agency, was more far-reaching than previously thought and went undetected for more than two years, according to reports published on Saturday.
An online buyer from New York overcame spirited bidding to grab a painting by modern Indian artist Tyeb Mehta for $2.8 million at a Christie's auction in Mumbai, highlighting global interest in the finest works of Indian art.
Novartis said on Friday its experimental psoriasis drug Cosentyx was better at clearing the rough skin patches associated with the disease than Johnson & Johnson's Stelara.
Early villains have emerged in the next James Bond film "SPECTRE": hackers who stole a version of the screenplay as part of a devastating cyberattack on Sony Pictures.
Bundesbank President Jens Weidmann said the European Commission's decision to give France longer to prove it is serious about economic reform and fixing its excessive public deficit risks damaging the credibility of the bloc's budget rules.
Apollo Global Management (APO.N) is nearing a buyout of PetSmart Inc (PETM.O) for about $8 billion in what would be the largest leveraged deal for a U.S. company this year, Bloomberg reported on Saturday, citing unnamed sources.
Italian police on Friday seized 556,000 euros ($692,000) in fake euro coins minted in China from a ship container in the port city of Naples, investigators said.
Mazda Motor Corp (7261.T) said on Friday it would recall 52,000 cars in Japan to investigate potential defects in Takata Corp (7312.T) air bags.
Warren Buffett's Berkshire Hathaway Inc (BRKa.N) on Friday said it was buying oil industry logistics provider Charter Brokerage from private equity firm Arsenal Capital Partners.
Top steelmakers ArcelorMittal and Tata Steel are dipping their toes into iron ore derivatives, marking a crucial milestone in developing trade for the world's second-largest commodity after oil.
Real Time Analytics