Although dangerous and potentially poisonous work, ship-breaking is big business in poverty-stricken Bangladesh, as a BBC film crew discovers.

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VIDEO: Where the world’s ships go to die

38 Studios folded this week.

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Curt Schilling’s Videogame Collapse

After multibillion-dollar loss at JPMorgan Chase.

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Bank Regulators Under Scrutiny

China has turned to the World Trade Organization to help block U.S. tariffs on 22 types of Chinese products, including solar panels, pipes for oil wells, coated paper and steel wheel hubs. The Chinese appeal to the WTO takes aim at the U.S. Commerce Department, which has recently imposed stiff duties on Chinese products. The department has cited Chinese subsidies, especially those funneled through state-owned enterprises, that it says give Chinese firms an edge over American competitors. Read full article > >

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China asks WTO to block U.S. tariffs

Country’s major banks are downgraded.

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Stocks Plunge on Spain Woes

Falling off a cliff is never a good idea. Then again, neither is digging yourself deeper into a hole. Those are the messages, contradictory but compelling, embedded in a new report from the Congressional Budget Office (CBO) about the fast-approaching “ fiscal cliff .” The economy will confront the precipice at year’s end, on account of a confluence of tax cuts set to expire and spending cuts scheduled to kick in. Read full article > >

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Responsibility is missing as ‘fiscal cliff’ approaches

Activity at European businesses hits a near three-year low in May, according to the survey of purchasing managers by Markit.

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Eurozone downturn ‘accelerating’

Babywear retailer Mothercare reports a hefty annual loss as it seeks to tackle the poor performance of its UK business.

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Weak UK business hits Mothercare

Studios are finding a business opportunity by looking beyond young movie audiences.

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Older Faces on Screen Draw an Overlooked Crowd

Says cuts will improve efficiency, customer service.

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HP Laying Off 27,000

Hewlett-Packard, the world’s largest computer maker, is to cut 27,000 jobs by end of 2014 as part of a drive to “simplify” the business.

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Hewlett-Packard cuts 27,000 jobs

Jury delivers verdict for Oracle suit.

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Google Didn’t Infringe on Copyright

Dell sees biggest decline since 2000.

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Dow Plummets on Greece Fears

Welsh Secretary Cheryl Gillan says she wants to electrify the Great Western railway line to Swansea, but there needs to be a business case behind the plan.

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Rail line ‘needs business case’

Accused of hiding bad growth forecasts ahead of IPO.

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Investors Sue Facebook, Zuckerberg