AP Top Business News At 12:05 a.m. EDT

Asia stocks mostly higher, wages data boosts Japan
TOKYO (AP) -- Asian stocks were mostly higher Tuesday after a jump in average wages boosted Japan's market but Hong Kong's benchmark retreated on weak Chinese data and concerns over tensions with Beijing....

Obama: 'Revving' economy calls for higher wages
MILWAUKEE (AP) -- President Barack Obama renewed his push for Congress to raise the minimum wage Monday in a buoyant accounting of the economy's "revving" performance, delivered on behalf of Democrats opening their fall campaigns for the midterm congressional elections....

Austerity debate flares as Europe recovery fades
FRANKFURT, Germany (AP) -- Europe's economic recovery is in danger. Governments are under pressure to save it, but struggling with political obstacles and disagreement among themselves over what to do....

Civil disobedience expected in fast-food pay fight
NEW YORK (AP) -- McDonald's, Wendy's and other fast-food restaurants are expected to be targeted with acts of civil disobedience that could lead to arrests Thursday as labor organizers escalate their campaign to unionize the industry's workers....

Survey: Foreign companies in China feel `targeted'
BEIJING (AP) -- An American business group warned Tuesday that foreign companies in China feel increasingly targeted for unfair enforcement of anti-monopoly and other laws and said investment might decline if conditions fail to improve....

Sandy-hit towns wrestle with eminent-domain choice
ASHAROKEN, N.Y. (AP) -- On a tiny spit of land off Long Island, the wealthy village of Asharoken faces a dilemma borne of Superstorm Sandy....

Cuba cracks down on goods in travelers' luggage
HAVANA (AP) -- Lugging duffel bags crammed with soap, socks, toys and other hard-to-obtain consumer goods, travelers arriving in Cuba on Monday complained that new government restrictions on their imports would leave their families wanting....

Atlantic City's Revel starts closing after 2 years
ATLANTIC CITY, N.J. (AP) -- The most spectacular and costly failure in Atlantic City's 36-year history of casino gambling began to play out Monday when the $2.4 billion Revel Casino Hotel emptied its hotel....

Alibaba IPO comes with unusual structure
BEIJING (AP) -- Foreigners who want to buy Alibaba Group shares in the Chinese e-commerce giant's U.S. public offering will need to get comfortable with an unusual business structure....

Top South America hackers rattle Peru's Cabinet
LIMA, Peru (AP) -- The Peruvian hackers have broken into military, police, and other sensitive government networks in Argentina, Colombia, Chile, Venezuela and Peru, defacing websites and extracting sensitive data to strut their programming prowess and make political points....

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Up to the Minute
Survey: Foreign companies in China feel `targeted'

Civil disobedience expected in fast-food pay fight

Austerity debate flares as Europe recovery fades

NC offered $100M for Toyota HQ, twice Texas bid

Finnish nuclear plant further delayed until 2018

Statoil resumes operations in Algeria after deaths

Heineken sells Mexican packaging business to Crown

Dubai Mall developer Emaar to list on stock market

South American food chains use Florida as US gate

Time to ditch rising stocks, or stick with them?


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