A Chinese business magnate has set a world record by dropping a staggering amount of cash on... a pigeon.

Results Sunday from a World Cup cross country ski meet: Men 30-kilometer (15K classic + 15K freestyle) Skiathlon 1. Maxim Vylegzhanin, Russia, 1 hour, 20 minutes, 37.6 seconds. 2. Ilia Chernousov, Russia, 6.0 seconds behind. 3. Tobias Angerer, Germany, 8.3. 4. Eugeniy Dementiev, Russia, 8.3. 5. Pert Sedov, Russia, 8.9.

We met an entrepreneur named Svea Meyer at the World Economic Forum in Davos, Switzerland. Svea was not a Davos attendee but rather a coffee-shop owner who is passionate about making coffee.

American ski queen Lindsey Vonn admitted she was delighted to have claimed her 50th World Cup career victory here in Saturday's downhill race.

American Hannah Kearney and Canada's Justine Dufour-Lapointe have been battling for World Cup gold all season. Saturday night was no different in the freestyle dual moguls finals at Deer Valley Resort. Dufour-Lapointe skied a hair faster down the circuit's longest moguls run, yet Kearney prevailed on overall points to claim her 14th straight World Cup gold.

GARMISCH-PARTENKIRCHEN, Germany (AP) -- Lindsey Vonn captured her 50th World Cup victory by winning the downhill on the demanding Kandahar course in frigid conditions Saturday.

Jan Hudec of Canada won the men's World Cup downhill here on Saturday ahead of Romed Baumann of Austria and Erik Guay of Canada.

Perfect World Co. led a rally in Chinese Internet stocks traded in the U.S. as Facebook Inc.’s initial public offering plans lure investors to similar companies in the world’s fastest-growing major economy.

World champion Martins Dukurs of Latvia blew away the rest of the field to win a skeleton World Cup event Friday. The Olympic silver medalist finished in a two-run time of 1 minute, 45.76 seconds, while Frank Rommel of Germany and Alexander Tretiakov of Russia tied for second in 1:46.51. Dukurs earned a silver medal at the Vancouver Games and followed up with a bronze medal at a World Cup in...

Al Khaleej Sugar Co., the world’s largest sugar refinery based in Dubai, will expand purchases of sugar from India in the first half of this year, according to Jamal Al Ghurair, managing director of the company.