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Updated: 42 min 10 sec ago

Russia Aborts Rocket Engine Sales, GPS Cooperation With U.S.

Tue, 05/13/2014 - 3:12pm

The moves come after Washington banned some high-tech equipment sales to Russia as part of sanctions in response to the annexation of Crimea.

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Companies Face Backlash Over Foreign Mergers To Avoid U.S. Taxes

Tue, 05/13/2014 - 3:09pm

Pfizer, the giant drugmaker, is the latest American company seeking a foreign merger to elude U.S. taxes. Public advocacy groups call such deals unfair and want Congress to crack down.

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Ranchers Wary As U.S. Considers Brazilian Beef Imports

Tue, 05/13/2014 - 3:05pm

The U.S. wants to allow imports of fresh beef from Brazil, but the country's livestock has a history of foot-and-mouth disease. American ranchers worry about the risk and lower beef prices.

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Housing Regulator Has Big Plans In Store For Two Mortgage Titans

Tue, 05/13/2014 - 3:05pm

A top federal regulator for the U.S. housing market signaled some big changes for government-run mortgage giants Fannie Mae and Freddie Mac. The changes likely mean lending will be expanded.

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In Somalia, Collecting People For Profit

Tue, 05/13/2014 - 3:05pm

Distributing aid can be an incredibly risky job for Westerners in Somalia, so local entrepreneurs have filled the gap. But what happens when aid become a profitable business in a lawless place?

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