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BW Editor Josh Tyrangiel Discusses Foxconn

Inside the iPhone Maker

Alaska Sues to Lift Arctic Drilling Suspension

ANCHORAGE, Alaska (AP) -- The state claimed Thursday that the Interior Department illegally halted offshore drilling in Artic waters, even though the department said there's no such moratorium in place.

Incubator Bank to File for Bankruptcy Today, Japan’s Jimi Says

Incubator Bank of Japan Ltd., a Tokyo-based small business lender, plans to file for bankruptcy protection today, Japanese Financial Services Minister Shozaburo Jimi said in a statement today.

Casey's In Buyout Talks With 7 - Eleven

NEW YORK (Reuters) - Casey's General Stores Inc confirmed it was in buyout talks with convenience store operator 7-Eleven, which offered the company $40 per share in cash earlier this month.

U.S. Trade Deficit Narrowed in July

The 14 percent decline in the trade deficit in July should give a lift to overall economic growth.

Huge Fire at Venezuelan Fuel Terminal in Bonaire

KRALENDIJK, Bonaire (AP) -- A huge fire caused by a lightning strike sent up a plume of black smoke Thursday and halted operations at a Venezuelan-owned fuel terminal on the Dutch island of Bonaire. No injuries were reported.

Trump Spurned in Bid for Proposed NYC Islamic Center

Donald J. Trump was spurned in an offer to purchase the site of the proposed Islamic community center near New York City’s Ground Zero for the price paid plus 25 percent.

Junk Debt ‘Best Bet’ as Issuance Nears Record: Credit Markets

Global high-yield bond sales are poised to exceed 2009’s record issuance as the riskiest companies take advantage of plunging borrowing costs and investor demand for greater returns to refinance debt.

Peru Increases Rate to 3% as Economy Fuels Inflation

Peru’s central bank raised its benchmark lending rate for a fifth straight month as the fastest economic expansion since 2008 threatens to push inflation beyond the central bank’s target.

Texas Instruments Lowers Top End of Forecast Range

Texas Instruments Inc., the second- largest U.S. chipmaker, lowered the upper end of its forecast range for third-quarter profit and sales, indicating that semiconductor demand may be slipping as economic growth slows.

American Airlines Won’t ‘Sweeten’ Mechanics’ Offer

American Airlines won’t raise the overall value of a tentative contract rejected by its mechanics and stock clerks when talks with the labor group resume, the carrier’s lead negotiator said.

China Property-Price Gains Slowed in August to 9.3%

China’s property prices rose at the slowest pace in eight months from a year earlier as officials cracked down on speculation and multiple home purchases.

Casey's General Says It's in Talks With 7-Eleven

LOS ANGELES (AP) -- Casey's General Stores says it is in talks with 7-Eleven after receiving an unsolicited buyout offer from the convenience store operator.

EPA Officials: Kan. Must Revise Air Permit Process

TOPEKA, Kan. (AP) -- Federal officials told Kansas legislators Thursday that the state will be expected to cut greenhouse gas emissions as it considers air-quality permits for power plants, large factories, and oil refineries -- and if it refuses, the Environmental Protection Agency could step in.

Wall Street Extends Its Rally

Stocks have risen in six of seven sessions as first-time unemployment claims fell last week to the lowest level in two months.

Facebook Inches Past Google for Web Users' Minutes

SEATTLE (AP) -- U.S. Web surfers are spending more time socializing on Facebook than searching with Google, according to new data from researchers at comScore Inc.

Bank of England Leaves Rate at 0.5% on Signs of Slowing

The decision came as the O.E.C.D. said annual growth in the G-7 countries would slow to about 1.5 percent in the second half of 2010.

With White House Backing, an Envoy for Manufacturing

The administration has pledged tax credits and subsidies to spur manufacturing but has said the lead must come from the private sector.

Takeover Bid Shines Spotlight on Crucial Player in Potash

Canpotex, which is owned by three Canadian potash producers, negotiates long-term, often secret, pricing agreements with offshore customers.

U.S. Pressures I.M.F. to Expand Role of Growing Economies

The push to revamp the fund’s governance has met resistance from Europe.

Apple to Relax App Store Rules

Apple will give software developers more leeway in how they create applications for its iPhone and iPad, a move likely to benefit Adobe, whose software was panned by Steve Jobs

The Man Who Makes Your iPhone

Foxconn founder Terry Gou might be regarded as Henry Ford reincarnated if only a dozen of his workers hadn't killed themselves this year. An exclusive look inside a postmodern industrial empire

Union Accuses China of Illegal Clean Energy Subsidies

The United Steelworkers union plans to file a legal case that accuses China of violating World Trade Organization rules.

Peltz’s Wendy’s-Arby’s Combo Unpalatable to Investors

Two years ago billionaire investor Nelson Peltz wagered that burgers and roast beef sandwiches would go together. The Wendy’s-Arby’s combo engineered by Peltz’s fund hasn’t gone down well with some investors.

Bernardo Hees to Be Named CEO of Burger King by 3G

Burger King Holdings Inc., the U.S. fast-food chain being taken over by 3G Capital, will name Bernardo Hees chief executive officer after the $3.3 billion acquisition is completed.

U.S. Opposes European Emission Charges for Airlines

The United States has stepped up pressure to stop European regulators from charging airlines for their greenhouse gas emissions when they take off and land in Europe.

Google Unveils Tool to Speed Up Searches

Google’s change may save users time, but may also affect the many businesses that have been built around placing search ads on the site.

In Land of Fast Cars and Trains, Buses Try to Make Inroads

That it is taking so long to lift a ban on intercity bus service in Germany is a reminder that, despite steady change, barriers to full-bore free enterprise remain in Europe.

Struggling Spain Approves Labor Market Reforms

The measures are designed to shake up a listless economy and help slash a bloated deficit that has prompted European-wide worries of another Greek-style debt crisis.

All Nippon to Start Low-Cost Airline in Japan

The first Japanese low-cost carrier will fly both international and domestic routes out of Osaka.

Britain Fines Goldman Sachs

The bank was fined about $27 million for failing to disclose the U.S. investigation into the sale of securities known as Abacus.

BP Spill Report Hints at Legal Defense

BP released the results of an internal investigation that heaped some of the blame on itself, but mostly pointed at other companies.

G.M. Makes a Play for Buyers and Investors

The reception that the Chevrolet Cruze receives from consumers could play a large role in wooing investors.

7-Eleven Is Said to Be Among the Bidders for Casey’s Stores

The convenience store chain 7-Eleven is the unnamed third party that has bid $2 billion for Casey’s General Stores, topping an offer from Alimentation Couche-Tard, said a person briefed on the matter.

After Fine, Botox Awaits Approval for Migraine

Allergan will pay $600 million for its marketing tactics while the F.D.A. decides on the drug’s use for migraines.

State of the Art: In Season 9, iPods Still Get High Ratings

The 2010 iPod crop includes modest improvements, a risky new design and a home run in the new iPod Touch.

Investor Fears Force Split-Up of Irish Bank

The increasing burden of Anglo Irish Bank’s losses has become a millstone for the government, which is seeking to avoid a Greek-style bank bailout.

Stock Picks: Cree, Pilgrim's Pride, Texas Instruments

Wall Street analysts offer buy, sell, or hold opinions on stocks in the news on Sept. 9

A Touch of Class for the Pink Sheets

Large, reputable foreign companies are taking up residence on a dodgy stretch of Wall Street

The Challenges Facing Burger King

The investment outfit and its Brazilian backers will need to do more than just cut costs at the troubled burger chain

E.U. Court Bats Down Germany’s Protection of Betting Monopolies

The highest court in the European Union ruled that German efforts to protect state-run gambling monopolies violated E.U. laws.

Stock Picks: Best Buy, Bristol-Myers Squibb, MGM Resorts

Wall Street analysts offer buy, sell, or hold opinions on stocks in the news on Sept. 8

Study leave

Plenty of university graduates are working in low-skilled jobs

Young people often worry whether the qualification for which they are studying will stand them in good stead in the workplace. According to the OECD, college and university leavers are better placed in the labour market than their less educated peers, but this advantage is not even in all countries. Young graduates living in Spain are particularly likely to end up taking low-skilled work, while those in Luxembourg rarely take anything other than a graduate job. American and British students appear to have the biggest incentive to study: British graduates aged 25-34 earn $57,000 on average. Their Swedish peers earn $37,400.

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Migrant Berry Pickers Complain of Conditions in Sweden

A country generally not known for labor strife now hears of squalid housing and low wages, partly because collective bargaining rules are hard to enforce.

Which Companies Are Boosting Spending and Hiring?

Investing pros highlight outfits that are stepping up capital spending and employment amid a slow U.S. recovery

China's Huawei Overcomes Opposition in India

In the U.S., Chinese telecom equipment manufacturer Huawei Technologies is encountering new opposition from Republican senators. Huawei has had its share of political problems in India, too, with New Delhi putting Huawei and Chinese rival ZTE on a blacklist earlier this year because security ...

Review: Apple's iPod Updates

Despite the ascendancy of the iPhone and the iPad, Apple continues to tinker with the iconic iPod music-player family

Stock Picks: Airgas, Ciena, Oracle

Wall Street analysts offer buy, sell, or hold opinions on stocks in the news on Sept. 7

Web Impostors May Face Prison in California

Internet users pretending to be others could be prosecuted—and sued—if Governor Arnold Schwarzenegger signs an "e-personation" bill