Are you Alibaba literate? 5 things to know about the company

SHANGHAI (AP) — Alibaba is the world's biggest e-commerce platform. Over 420 million people scooped up $485 billion worth of stuff last year on Alibaba's sites. The company went public in 2014, raising $25 billion – more than Facebook – in the...

Fast money: Banks making it easier to split the tab

NEW YORK (AP) — Splitting the bill for those pizzas you shared with your buddies or that utility bill that is suddenly due is going to get easier and faster even if you don't all use the same bank….

Yellen: Rate hike in coming months would be ‘appropriate’

CAMBRIDGE, Mass. (AP) — Federal Reserve Chair Janet Yellen says a move to increase interest rates in coming months will be "appropriate" if the economy keeps improving….

Researchers: Asian bank hacks may be linked to North Korea

NEW YORK (AP) — Cybersecurity researchers said North Korea might be connected to a recent attack that resulted in the theft of over $100 million from the Bangladeshi central bank and the attempted thefts of millions more from other Asian banks….

Defying critics, Libya’s eastern bank prints its own money

BENGHAZI, Libya (AP) — Libya's cash-strapped eastern central bank has printed its own notes, overcoming initial opposition from the U.N.-backed western government but sparking concern at the divided country's ability to develop coherent monetary and...

Key issues at G-7: Global economy, terrorism, women

The leaders of the Group of Seven industrialized economies pledged to tackle major economic and political risks including terrorism, floods of refugees, climate change and cyber-attacks….

8 automakers recall over 12M vehicles for Takata air bags

DETROIT (AP) — Eight automakers are recalling more than 12 million vehicles in the U.S. to replace Takata air bag inflators that can explode with too much force….

North Carolina furniture market could show boycott impact

RALEIGH, N.C. (AP) — Organizers of North Carolina's world-renowned furniture market are releasing attendance figures Friday that could be an important barometer of business reaction to the state's new law limiting protections for LGBT people….

China’s Zoomlion drops bid for US crane maker Terex

HONG KONG (AP) — Chinese heavy equipment maker Zoomlion said Friday it's abandoning its takeover bid for U.S. crane maker Terex because it failed to reach a deal after months of talks….

Air France workers on trial for assaulting executives

BOBIGNY, France (AP) — Air France union members are facing trial over a violent protest against job cuts that left two executives fleeing under police cover with their shirts ripped off….