National Business

BERLIN — Swiss bank Credit Suisse said Monday it may have suffered a “highly significant” loss from a default by a U.S.

NEW YORK — In the latest news of consolidation in the literary world, Rupert Murdoch's News Corp. announced Monday it's buying Houghton Mifflin Harcourt's book-publishing division, which includes such blockbuster releases as J.R.R.

SUEZ, Egypt — Salvage teams on Monday freed a colossal container ship stuck for nearly a week in the Suez Canal, ending a crisis that had clogged one of the world’s most vital waterways and halted billions of dollars a day in maritime commerce.

The plight of a mammoth container ship stuck in Egypt’s Suez Canal has highlighted still more pressure points in global trade, a year after supply chains were disrupted by the coronavirus pandemic.

TORONTO — The energy and base metals sectors helped lead a broad-based decline as Canada's main stock index posted a triple-digit decline in late-morning trading, while U.S. stock markets also pulled back.

PARIS — A French pharmaceutical company on Monday was ordered to pay hundreds of millions of euros in damages and fines for its role in one of the nation’s biggest modern health scandals, with a Paris court finding the firm guilty of manslaughter and

BERLIN — German Chancellor Angela Merkel has blamed her country's difficulties during the coronavirus pandemic — from the slow vaccine rollout to the back-and-forth over lockdown rules — partly on “a tendency toward perfectionism” and called for grea

BEIJING — China stepped up pressure Monday on foreign shoe and clothing brands to reject reports of abuses in Xinjiang, telling companies that are targeted by Beijing for boycotts to look more closely and pointing to a statement by one that it found

PRAGUE, Czech Republic — Politicians and friends in the Czech Republic have paid tribute to Petr Kellner, the country's richest man, who was killed in a helicopter crash in Alaska. He was 56.

ALBANY, N.Y. — New York is poised to join a growing number of states that have legalized marijuana after state lawmakers reached a deal to allow sales of the drug for recreational use.