Japan's huge pension fund to boost share purchases
TOKYO (AP) -- Japan's $1.1 trillion public pension fund on Friday approved a plan to double its holdings of shares and cut back sharply on bonds to help improve investment returns and meet its obligations to a swelling number of retirees....

Japan expands stimulus to spur recovery
TOKYO (AP) -- Japan's central bank expanded its asset purchases in a surprise move Friday to shore up sagging growth in the world's No. 3 economy....

Eurozone inflation creeps up to 0.4 percent
FRANKFURT, Germany (AP) -- Inflation crept higher in the 18 countries that use the euro in October - but the rise to an annual 0.4 percent offered little relief to the European Central Bank as it tries to boost a weak economy....

Sony's quarterly loss balloons on mobile woes
TOKYO (AP) -- Sony's losses ballooned to 136 billion yen ($1.2 billion) last quarter as the Japanese electronics and entertainment company's troubled mobile phone division reported huge red ink....

Q&A: Why Japan's economy needs more juice
TOKYO (AP) -- Japan is pumping more money into its lagging economy, expanding an already lavish stimulus effort. The surprise announcement Friday highlights diverging fortunes among the world's top economies. Earlier this week, the U.S. Federal Reserve ended its own unprecedented stimulus in a sign of increased confidence in economic recovery....

Judge approves California city's bankruptcy plan
SACRAMENTO, Calif. (AP) -- A judge on Thursday approved a plan that allows Stockton to leave bankruptcy protection by eliminating more than $2 billion in long-term debt payments without touching the city's pension obligations....

Puerto Rico government looks to raise tax on oil
SAN JUAN, Puerto Rico (AP) -- Puerto Rico government officials said Thursday they are seeking a 68 percent increase in an oil tax to help sell up to $2.9 billion in bonds and strengthen one of the island's largest public corporations amid bankruptcy concerns....

Citi cuts earnings due to regulatory probes
NEW YORK (AP) -- Citigroup has slashed its third-quarter earnings by $600 million, saying that recent investigations by regulators have altered the results it reported earlier this month....

Starbucks plans delivery after sales fall short
NEW YORK (AP) -- After reporting disappointing quarterly sales Thursday, Starbucks said it will offer a delivery option on its mobile app in select areas of the U.S starting next year....

Strengthening US growth reflects help from Fed
WASHINGTON (AP) -- The U.S. economy powered its way to a solid annual growth rate of 3.5 percent from July through September, outpacing most of the developed world and appearing on track to extend its momentum through this year and beyond....

AP Photo
AP Photo/David Goldman
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