Ashit Mehta was stunned. Without notice, the representatives of Dutch bank ABN Amro marched into the offices of his global diamond empire, confiscated $150m of rocks, locked them in a vault and left with the key.
The industrial scandal engulfing Kobe Steel Ltd. began to reverberate overseas as Japan's third-biggest steelmaker said its staff falsified data about the strength and durability of some aluminum and copper products used in planes, trains and potentially a space rocket.
Amazon.com Inc. is experimenting with a new delivery service intended to make more products available for free two-day delivery and relieve overcrowding in its warehouses, according to two people familiar with the plan, which will push the online retailer deeper into functions handled by longtime partners United Parcel Service Inc. and FedEx Corp.
China's new silk road stretching into the heart of Europe may be what ultimately delivers more climate-friendly technologies like batteries and electric cars.
The cost of renewables is plunging faster than forecasters anticipated just a few years ago as as technologies like gigantic wind turbines arrive on the market.
U.S. eating habits have undergone a slow transformation since the 1970s, as shown through annual consumption data tracked by the U.S. Department of Agriculture. And it's not a simple story of expanding waistlines and new ways to pig out. By looking at when different foods found peak favor and comparing their rises and falls, key moments can be isolated in the story of American eating.
Toys "R" Us Inc., which somehow managed to sustain a crushing debt load for more than a decade after its 2005 buyout, finally succumbed last week to a "dangerous game of dominoes" that toppled the retailer in a matter of days.