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  • $1,000 Sovaldi now hepatitis treatment of choice

    $1,000 Sovaldi now hepatitis treatment of choice

    Tuesday, July 29 2014 6:59 PM EDT2014-07-29 22:59:42 GMT
    A $1,000-per-pill drug that insurers are reluctant to pay for has quickly become the treatment of choice for a liver-wasting viral disease that affects more than 3 million Americans.
    The price is sky-high, but so is demand. A new $1,000-per-pill drug has become the treatment of choice for Americans with hepatitis C, a liver-wasting disease that affects more than 3 million.
  • US, Europe impose tough new sanctions on Russia

    US, Europe impose tough new sanctions on Russia

    Tuesday, July 29 2014 6:53 PM EDT2014-07-29 22:53:08 GMT
    European Union ambassadors are meeting to discuss a dramatic toughening of the trade bloc's sanctions against Russia.
    Spurred to action by the downing of the Malaysian airliner, the European Union approved dramatically tougher economic sanctions Tuesday against Russia, including an arms embargo and restrictions on state-owned banks....
  • Twitter 2Q results soar, stock flies high

    Twitter 2Q results soar, stock flies high

    Tuesday, July 29 2014 6:28 PM EDT2014-07-29 22:28:27 GMT
    Stronger-than-expected results pushed Twitter's stock sharply higher on Tuesday after the short messaging service said its revenue more than doubled in the second quarter.
    The little blue bird is flying high. Stronger-than-expected financial results pushed Twitter's stock sharply higher on Tuesday after the short messaging service said its revenue more than doubled in the second quarter.
  • Clean-air rules assailed as too much, too little

    Clean-air rules assailed as too much, too little

    Tuesday, July 29 2014 5:58 PM EDT2014-07-29 21:58:20 GMT
    Hundreds of people will tell the Environmental Protection Agency what they think of proposed rules to cut pollution from power plants during public hearings Tuesday and Wednesday in Denver.
    Hundreds of people across the country lined up Tuesday to tell the Environmental Protection Agency that its new rules for power-plant pollution either go too far or not far enough.
  • American Express 2Q profit rises 9 percent

    American Express 2Q profit rises 9 percent

    Tuesday, July 29 2014 5:56 PM EDT2014-07-29 21:56:43 GMT
    American Express Co. (AXP) on Tuesday reported earnings that rose by 9 percent in its second quarter, and topped analysts' expectations.
    By ALEX VEIGA AP Business Writer American Express Co.'s net income grew 9 percent in the second quarter, as spending by cardholders increased and the credit card issuer set aside less money to cover...
  • Stocks end lower ahead of economic data

    Stocks end lower ahead of economic data

    Tuesday, July 29 2014 5:40 PM EDT2014-07-29 21:40:05 GMT
    Asian stocks extended gains Tuesday with the South Korean stock market closing at a three-year high ahead of U.S. and Chinese economic reports later this week.
    The stock market fell modestly on Tuesday as investors waited for a batch of big economic reports later this week.
  • US bars Kurdish oil from entering Texas port

    US bars Kurdish oil from entering Texas port

    Tuesday, July 29 2014 5:39 PM EDT2014-07-29 21:39:55 GMT
    A U.S. District Court Judge has ordered the seizure of a vessel carrying about 1 million barrels of Kurdish crude oil about 60 miles off the Galveston coast.
    The U.S. has barred a shipment of Kurdish crude oil from reaching the Texas coast amid concerns independent oil sales from Kurdistan could further weaken Iraq's fragile central government as it struggles to contain a...
  • OKCupid, Facebook not alone in studying consumers

    OKCupid, Facebook not alone in studying consumers

    Tuesday, July 29 2014 4:57 PM EDT2014-07-29 20:57:43 GMT
    Think you're in control? Think again.
    Think you're in control? Think again.
  • Highway, bridge money at risk: Senate to vote

    Highway, bridge money at risk: Senate to vote

    Tuesday, July 29 2014 4:43 PM EDT2014-07-29 20:43:56 GMT
    The Senate is scheduled to take up legislation Tuesday to keep federal highway money flowing to states, with just three days left before the government plans to start slowing down payments.
    Racing to adjourn for the summer, the Senate scheduled major votes Tuesday to keep federal highway funds flowing across the nation - billions of dollars to avert layoffs for construction workers and shutdowns of road and...
  • How Asana hopes to purge the scourge of email

    How Asana hopes to purge the scourge of email

    Tuesday, July 29 2014 4:33 PM EDT2014-07-29 20:33:18 GMT
    By The Associated Press Associated Press Asana is a service created to minimize the need for workplace email by serving as a one-stop shop for assigning work, sharing ideas, posting important...
    By The Associated Press Associated Press Asana is a service created to minimize the need for workplace email by serving as a one-stop shop for assigning work, sharing ideas, posting important updates and...
  • Stocks close lower ahead of economic reports

    Stocks close lower ahead of economic reports

    Tuesday, July 29 2014 4:29 PM EDT2014-07-29 20:29:40 GMT
    The stock market is ending with a modest loss as investors wait for a series of big economic reports later in the week.
    The stock market is ending with a modest loss as investors wait for a series of big economic reports later in the week.
  • Argentina fights with debt holdouts; default nears

    Argentina fights with debt holdouts; default nears

    Tuesday, July 29 2014 2:38 PM EDT2014-07-29 18:38:21 GMT
    Argentina risks financial default unless it reaches an agreement with a group of holdout bondholders by Wednesday. Here are the issues at stake:
    Argentina risks financial default unless it reaches an agreement with a group of holdout bondholders by Wednesday. Here are the issues at stake:
  • Pfizer's 2Q profit sinks 79 pct but tops forecasts

    Pfizer's 2Q profit sinks 79 pct but tops forecasts

    Tuesday, July 29 2014 1:45 PM EDT2014-07-29 17:45:28 GMT
    Pfizer's second-quarter earnings plunged 79 percent from last year, when the world's second-largest drugmaker booked a business spinoff gain of more than $10 billion, but results in the most recent quarter...
    By LINDA A. JOHNSON AP Business Writer Pfizer's second-quarter earnings plunged 79 percent from last year, when the world's second-largest drugmaker booked a $10 billion-plus gain from a business...
  • UBS sees profits rise, probed over trading system

    UBS sees profits rise, probed over trading system

    Tuesday, July 29 2014 1:27 PM EDT2014-07-29 17:27:07 GMT
    Swiss banking giant UBS AG reported a 15 percent jump Tuesday in second-quarter net profit compared to a year ago, driven by strong results from its core wealth management and trimmed-down investment banking...
    Switzerland's biggest bank, UBS, reported Tuesday a 15 percent rise in second-quarter profit, driven by its core wealth management business, and disclosed it was part of a group of financial companies being...
  • Study: 35 percent in US facing debt collectors

    Study: 35 percent in US facing debt collectors

    Tuesday, July 29 2014 12:50 PM EDT2014-07-29 16:50:11 GMT
    More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute.
    More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute.
  • London's iconic Gherkin building put up for sale

    London's iconic Gherkin building put up for sale

    Tuesday, July 29 2014 12:46 PM EDT2014-07-29 16:46:40 GMT
    One of London's most recognizable office buildings has been put up for sale.
    One of London's most recognizable office buildings has been put up for sale.
  • Cellphone unlocking set to become legal again

    Cellphone unlocking set to become legal again

    Tuesday, July 29 2014 12:42 PM EDT2014-07-29 16:42:15 GMT
    Congress has passed a bill that makes it legal to "unlock" cellphones so the devices can -at least in some instances- be used on other carriers.
    Congress passed a bill Friday that makes it legal to "unlock" cellphones so the devices can -at least in some instances- be used on other carriers.
  • Lyft says it's starting New York City service

    Lyft says it's starting New York City service

    Tuesday, July 29 2014 12:42 PM EDT2014-07-29 16:42:00 GMT
    The on-demand ride-sharing app Lyft says it is starting limited service in New York City after reaching agreement with state and city officials to resolve regulatory issues.
    The on-demand ride-sharing app Lyft planned to start limited service in New York City on Friday night after reaching agreement with officials to resolve regulatory issues that prompted a lawsuit by the state.
  • EU antitrust body clears Apple's $3bn Beats deal

    EU antitrust body clears Apple's $3bn Beats deal

    Tuesday, July 29 2014 12:41 PM EDT2014-07-29 16:41:49 GMT
    The European Union's antitrust authority has cleared Apple's $3 billion deal to buy Beats Electronics, which makes headphones and offers music streaming services.
    The European Union's antitrust authority has cleared Apple's $3 billion deal to buy Beats Electronics, which makes headphones and offers music streaming services.
  • China investigating Microsoft in monopoly case

    China investigating Microsoft in monopoly case

    Tuesday, July 29 2014 12:41 PM EDT2014-07-29 16:41:41 GMT
    China's anti-monopoly agency announced an investigation Tuesday of Microsoft Corp., stepping up regulatory pressure on foreign technology companies.
    China's anti-monopoly agency announced an investigation Tuesday of Microsoft Corp., stepping up regulatory pressure on foreign technology companies.
  • AP PHOTOS: Coal-exporting town fights rising seas

    AP PHOTOS: Coal-exporting town fights rising seas

    Tuesday, July 29 2014 12:40 PM EDT2014-07-29 16:40:59 GMT
    Norfolk is trapped between the causes and consequences of global warming.
    Norfolk is trapped between the causes and consequences of global warming.
  • Corning donates $1.8M in parts for space telescope

    Corning donates $1.8M in parts for space telescope

    Tuesday, July 29 2014 12:40 PM EDT2014-07-29 16:40:43 GMT
    Corning Inc. has donated $1.8 million in high-tech components for a telescope a private group wants to launch into space.
    Corning Inc. has donated $1.8 million in high-tech components for a telescope a private group wants to launch into space.
  • Fed is weighing key issues but may reveal little

    Fed is weighing key issues but may reveal little

    Tuesday, July 29 2014 12:17 PM EDT2014-07-29 16:17:46 GMT
    This much is clear: The Federal Reserve will make another cut this week in its monthly bond purchases, which have been aimed at keeping long-term loan rates low.
    This much is clear: The Federal Reserve will make another cut this week in its monthly bond purchases, which have been aimed at keeping long-term loan rates low.
  • Aetna 2Q profit rises 2.4 percent

    Aetna 2Q profit rises 2.4 percent

    Tuesday, July 29 2014 12:17 PM EDT2014-07-29 16:17:38 GMT
    Aetna Inc. (AET) on Tuesday reported profit that climbed by 2.4 percent in its second quarter, and topped analysts' expectations.
    By TOM MURPHY AP Business Writer Aetna's second-quarter profit climbed more than 2 percent, as gains from an acquisition helped the health insurer top expectations and raise its 2014 earnings forecast...
  • Merck 2Q profit more than doubles

    Merck 2Q profit more than doubles

    Tuesday, July 29 2014 11:55 AM EDT2014-07-29 15:55:58 GMT
    Merck & Co. (MRK) on Tuesday reported earnings that more than doubled in its second quarter, and topped analysts' expectations.
    By LINDA A. JOHNSON AP Business Writer A big one-time gain and a tax benefit helped drugmaker Merck & Co. more than double second-quarter profit, improve its profit forecast and top analysts'...
  • Report: More acidic seawater poses risks in Alaska

    Report: More acidic seawater poses risks in Alaska

    Tuesday, July 29 2014 11:26 AM EDT2014-07-29 15:26:53 GMT
    The release of carbon dioxide into the air from factory smokestacks to the tailpipe on your car could pose a risk to red king crab and other lucrative fisheries in Alaska, a new report says.
    The release of carbon dioxide into the air from power plant smokestacks to the tailpipe on your car could pose a risk to red king crab and other lucrative fisheries in Alaska, a new report says.
  • Jimmy Dean moves beyond breakfast for first time

    Jimmy Dean moves beyond breakfast for first time

    Tuesday, July 29 2014 11:19 AM EDT2014-07-29 15:19:08 GMT
    Jimmy Dean is coming to dinner - and lunch, too.
    Jimmy Dean is coming to dinner - and lunch, too.
  • US consumer confidence jumps to 90.9 in July

    US consumer confidence jumps to 90.9 in July

    Tuesday, July 29 2014 11:13 AM EDT2014-07-29 15:13:26 GMT
    U.S. consumers are more confident about the economy than they have been in nearly seven years.
    U.S. consumers are more confident about the economy than they have been in nearly seven years.
  • UPS 2Q profit drops, lowers outlook on spending

    UPS 2Q profit drops, lowers outlook on spending

    Tuesday, July 29 2014 11:13 AM EDT2014-07-29 15:13:23 GMT
    United Parcel Service Inc. (UPS) on Tuesday reported net income that declined by 58 percent in its second quarter, and missed analysts' expectations.
    UPS is willing to sacrifice some short-term profits to avoid a repeat of its failure last Christmas to deliver all packages on time.
  • Virus drugmaker fights pediatricians' new advice

    Virus drugmaker fights pediatricians' new advice

    Tuesday, July 29 2014 10:26 AM EDT2014-07-29 14:26:17 GMT
    A costly drug given mostly to premature babies is at the center of a clash between the manufacturer and the nation's leading pediatrician's group, which recommends scaling back use of the medicine.
    A costly drug given mostly to premature babies is at the center of a clash between the manufacturer and the nation's leading pediatrician's group, which recommends scaling back use of the medicine.
  • US home price gains slow for 6th straight month

    US home price gains slow for 6th straight month

    Tuesday, July 29 2014 9:55 AM EDT2014-07-29 13:55:40 GMT
    U.S. home prices rose in May from a year earlier at the weakest pace in 15 months, as home sales remain modest.
    U.S. home prices rose in May from a year earlier at the weakest pace in 15 months as sales remain modest in the spring buying season.
  • Reynolds American 2Q profit climbs 6.7 percent

    Reynolds American 2Q profit climbs 6.7 percent

    Tuesday, July 29 2014 9:55 AM EDT2014-07-29 13:55:36 GMT
    Reynolds American Inc. says that its profit rose by 6.7 percent in its second quarter, topping analysts' expectations.
    Reynolds American Inc. said Tuesday that its profit rose by 6.7 percent in its second quarter as higher cigarette and smokeless tobacco prices helped to offset a decline in the number of cigarettes it sold.
  • US stocks inch higher ahead of economic reports

    US stocks inch higher ahead of economic reports

    Tuesday, July 29 2014 9:55 AM EDT2014-07-29 13:55:32 GMT
    The stock market is edging higher in early trading ahead of a string of U.S. and Chinese economic reports later this week.
    The stock market is edging higher in early trading ahead of a string of U.S. and Chinese economic reports later this week.
  • Suzuki recalls nearly 26,000 cars for fire risk

    Suzuki recalls nearly 26,000 cars for fire risk

    Tuesday, July 29 2014 9:36 AM EDT2014-07-29 13:36:32 GMT
    Suzuki is recalling nearly 26,000 midsize cars in the U.S. because the daytime running light modules can overheat and could cause a fire.
    Suzuki is recalling nearly 26,000 midsize cars in the U.S. because the daytime running light modules can overheat and could cause a fire.
  • Waste Management selling subsidiary for $1.94B

    Waste Management selling subsidiary for $1.94B

    Tuesday, July 29 2014 9:16 AM EDT2014-07-29 13:16:19 GMT
    Waste Management is selling a subsidiary to Energy Capital Partners for $1.94 billion as part of its effort to focus on its core business.
    Waste Management is selling a subsidiary to Energy Capital Partners for $1.94 billion as part of its effort to focus on its core business.
  • Reynolds American 2Q profit climbs 6.7 percent

    Reynolds American 2Q profit climbs 6.7 percent

    Tuesday, July 29 2014 8:15 AM EDT2014-07-29 12:15:51 GMT
    Reynolds American Inc. says its profit rose by 6.7 percent in its second quarter, topping analysts' expectations.
    Reynolds American Inc. says its profit rose by 6.7 percent in its second quarter, topping analysts' expectations.
  • Renault profits rise thanks to cost cuts

    Renault profits rise thanks to cost cuts

    Tuesday, July 29 2014 7:45 AM EDT2014-07-29 11:45:23 GMT
    French carmaker Renault says its profits in the first half of the year rose, partly thanks to lower costs as its revenue dropped.
    French carmaker Renault says its profits in the first half of the year rose, partly thanks to lower costs as its revenue dropped.
  • BP warns of impact of Russia sanctions on profits

    BP warns of impact of Russia sanctions on profits

    Tuesday, July 29 2014 6:11 AM EDT2014-07-29 10:11:21 GMT
    Energy company BP has warned that further international sanctions on Russia could have an adverse impact on its profits because of its stake in the oil giant, Rosneft.
    Energy company BP warned Tuesday that further international sanctions on Russia could hurt its profits because of its stake in the country's oil giant, Rosneft.
  • Deutsche Bank posts 29 percent drop in profit

    Deutsche Bank posts 29 percent drop in profit

    Tuesday, July 29 2014 5:38 AM EDT2014-07-29 09:38:08 GMT
    Deutsche Bank AG posted a 29 percent drop in second-quarter net profit Tuesday, hit by what it described as higher taxes, declining revenue and political instability affecting the markets.
    Deutsche Bank AG posted a 29 percent drop in second-quarter net profit Tuesday, hit by higher taxes, declining revenue and political instability affecting financial markets.
  • Senate Democrats seek to split GOP on export bank

    Senate Democrats seek to split GOP on export bank

    Tuesday, July 29 2014 4:08 AM EDT2014-07-29 08:08:22 GMT
    Familiar with the Export-Import Bank? Most voters in Louisiana and Virginia probably aren't either.
    Familiar with the Export-Import Bank? In all likelihood, most voters in Louisiana and Virginia aren't either.
  • Honda's quarterly profit up on Asian sales growth

    Honda's quarterly profit up on Asian sales growth

    Tuesday, July 29 2014 3:55 AM EDT2014-07-29 07:55:58 GMT
    Honda's quarterly profit surged nearly 20 percent on demand for remodeled cars in Japan and elsewhere in Asia. The Japanese automaker also raised its full-year profit and sales forecasts.
    Honda's quarterly profit surged nearly 20 percent on demand for remodeled cars in Japan and elsewhere in Asia. The Japanese automaker also raised its full-year profit and sales forecasts.
  • Despite good news, benefit programs face problems

    Despite good news, benefit programs face problems

    Tuesday, July 29 2014 3:21 AM EDT2014-07-29 07:21:23 GMT
    Despite some good news, Medicare and Social Security still face long-term financial problems as millions of baby boomers reach retirement. Social Security's disability program is already in crisis as it edges...
    Despite some good news, Medicare and Social Security still face long-term financial problems as millions of baby boomers reach retirement. Social Security's disability program is already in crisis as it edges toward...
  • Asia stocks rise modestly ahead of US, China data

    Asia stocks rise modestly ahead of US, China data

    Tuesday, July 29 2014 1:00 AM EDT2014-07-29 05:00:02 GMT
    Asian stock markets were mostly higher Monday, shrugging off jitters about stiffer Western sanctions against Russia, after China reported strong corporate profits.
    Asian stock markets posted modest gains Tuesday as investors treaded cautiously ahead of U.S. and Chinese economic reports later this week.
  • Darden CEO to step down amid Olive Garden troubles

    Darden CEO to step down amid Olive Garden troubles

    Monday, July 28 2014 10:35 PM EDT2014-07-29 02:35:11 GMT
    Darden Restaurants says CEO and chairman Clarence Otis is stepping down as the company fights to fix its flagship Olive Garden chain following the sale of Red Lobster.
    Darden Restaurants CEO and Chairman Clarence Otis is stepping down as the company fights to fix its flagship Olive Garden chain following its contested sale of Red Lobster.
  • Rule aims to help clear air around Grand Canyon

    Rule aims to help clear air around Grand Canyon

    Monday, July 28 2014 6:30 PM EDT2014-07-28 22:30:37 GMT
    The federal government has come up with a final version of a rule meant to cut haze-causing emissions from the largest coal-fired power plant in the West.
    The largest coal-fired power plant in the West will produce one-third less energy by 2020 and could close in 2044 under a proposal that the federal government adopted to cut haze-causing emissions of nitrogen oxide at...
  • FAA proposes to fine Southwest Airlines $12M

    FAA proposes to fine Southwest Airlines $12M

    Monday, July 28 2014 5:20 PM EDT2014-07-28 21:20:58 GMT
    The Federal Aviation Administration said Monday it is proposing a $12 million civil fine against Southwest Airlines for failing to comply in three separate cases with safety regulations related to repairs on Boeing...
    The Federal Aviation Administration said Monday it is proposing a $12 million civil fine against Southwest Airlines for failing to comply with safety regulations related to repairs on Boeing 737 jetliners.
  • Clarification: Fast Food Workers-Convention story

    Clarification: Fast Food Workers-Convention story

    Monday, July 28 2014 5:17 PM EDT2014-07-28 21:17:05 GMT
    Fast food workers from across the country have voted in suburban Chicago to escalate their campaign for higher wages and union representation by including civil disobedience.
    In a story July 26, The Associated Press reported that Latoya Caldwell, a mother of four from Kansas City, Missouri, who earns $7.50 an hour at a Wendy's restaurant, said she works six days a week to get 40 hours and...
  • Medicare's own health looking better, report says

    Medicare's own health looking better, report says

    Monday, July 28 2014 5:02 PM EDT2014-07-28 21:02:46 GMT
    The government says Medicare's finances have improved. The program's hospital trust fund won't be exhausted until 2030 - four years later than last year's estimate.
    Medicare's financial future is looking brighter despite a growing wave of baby boomers reaching retirement.
  • House bill lets airlines advertise pre-tax fares

    House bill lets airlines advertise pre-tax fares

    Monday, July 28 2014 4:47 PM EDT2014-07-28 20:47:59 GMT
    It's a battle pitting the nation's airlines against their passengers, and the first round has gone to the industry.
    In a victory for airlines and their workers' unions, the House rejected consumers' complaints and easily passed legislation Monday letting airline advertising emphasize the base price of tickets, before taxes and...
  • Stocks end little changed ahead of earnings rush

    Stocks end little changed ahead of earnings rush

    Monday, July 28 2014 4:25 PM EDT2014-07-28 20:25:02 GMT
    U.S. stocks are ending little changed as traders wait for key economic and earnings reports later this week.
    U.S. stocks are ending little changed as traders wait for key economic and earnings reports later this week.
  • Russia ordered to pay $50 billion over Yukos

    Russia ordered to pay $50 billion over Yukos

    Monday, July 28 2014 4:16 PM EDT2014-07-28 20:16:08 GMT
    The former majority shareholder in Yukos Oil Company says it has won in excess of $50 billion in a court ruling against Russia.
    Russian President Vladimir Putin's government must pay $50 billion for using tax claims to destroy Yukos, once the country's largest oil producer, and its Kremlin-critical CEO, an international court has ruled.
  • Dollar Tree steps up fight, buys Family Dollar

    Dollar Tree steps up fight, buys Family Dollar

    Monday, July 28 2014 3:28 PM EDT2014-07-28 19:28:38 GMT
    Dollar Tree is buying rival discount store Family Dollar in a cash-and-stock deal valued at about $8.5 billion.
    The fight for penny pinchers is intensifying.
  • Lloyds bank settles with US, UK over market fixing

    Lloyds bank settles with US, UK over market fixing

    Monday, July 28 2014 3:23 PM EDT2014-07-28 19:23:32 GMT
    Lloyds Banking Group says it will pay 218 million pounds ($400 million) to U.S. and British authorities to settle allegations it manipulated benchmark interest rates.
    Lloyds Banking Group is paying $369 million to U.S. and British authorities to settle allegations it manipulated a key global interest rate.
  • A look at how Dollar Tree, Family Dollar differ

    A look at how Dollar Tree, Family Dollar differ

    Monday, July 28 2014 1:57 PM EDT2014-07-28 17:57:43 GMT
    Dollar Tree stepping up its fight for penny-pinching customers. On Monday, the discounter said it would acquire rival discounter Family Dollar for $8.5 billion, making it the biggest player in the dollar store...
    Dollar Tree is stepping up its fight for penny-pinching customers. On Monday, the discounter said it would acquire rival discounter Family Dollar for $8.5 billion, making it the biggest player in the dollar store category....
  • Red Lobster goes vertical on plate to push quality

    Red Lobster goes vertical on plate to push quality

    Monday, July 28 2014 1:20 PM EDT2014-07-28 17:20:23 GMT
    Red Lobster wants to be seen as a purveyor of quality seafood, so it's getting rid of some of its promotional discounts and plating dishes higher like fancier restaurants.
    Red Lobster wants to be seen as a purveyor of quality seafood, so it's getting rid of some of its promotional discounts and stacking the food higher on plates, as is the style at fancier restaurants.
  • US stocks fall at midday on cooling home sales

    US stocks fall at midday on cooling home sales

    Monday, July 28 2014 12:25 PM EDT2014-07-28 16:25:53 GMT
    U.S. stocks are slightly lower in midday trading after a report of sluggish sales in the housing market.
    U.S. stocks are slightly lower in midday trading after a report of sluggish sales in the housing market.
  • Amazon shares fall on 2Q loss

    Amazon shares fall on 2Q loss

    Monday, July 28 2014 12:15 PM EDT2014-07-28 16:15:26 GMT
    Amazon.com Inc. (AMZN) on Thursday reported a bigger loss in its second quarter, and missed analysts' expectations.
    Shares of Amazon.com Inc. fell Thursday after the e-commerce retailer reported a deeper-than-expected second quarter loss as expenses outpaced a surge in revenue.
  • New Spain king moves to clean up palace's image

    New Spain king moves to clean up palace's image

    Monday, July 28 2014 12:00 PM EDT2014-07-28 16:00:18 GMT
    Spain's new King Felipe VI has ordered the palace's accounts to be audited externally and the results made public, in an apparent bid to clean up the royal family's tarnished image.
    Spain's royal palace accounts will be subject to external audits and the results made public under a series of measure ordered by new King Felipe VI in an apparent bid to clean up the royal family's tarnished image.
  • Virgin America files plans for IPO

    Virgin America files plans for IPO

    Monday, July 28 2014 11:35 AM EDT2014-07-28 15:35:52 GMT
    Virgin America's next destination is Wall Street.
    Virgin America's next destination is Wall Street.
  • Contracts to buy US homes slip in June

    Contracts to buy US homes slip in June

    Monday, July 28 2014 11:07 AM EDT2014-07-28 15:07:59 GMT
    Fewer Americans signed contracts to buy homes in June, as the real estate market appears to have cooled off this summer.
    Fewer Americans signed contracts to buy homes in June, as the real estate market appears to have cooled off this summer.
  • Zillow buying Trulia to make real estate titan

    Zillow buying Trulia to make real estate titan

    Monday, July 28 2014 10:34 AM EDT2014-07-28 14:34:48 GMT
    Real estate website operator Zillow is buying competitor Trulia in a $3.5 billion all-stock deal.
    Real estate website operator Zillow is buying rival Trulia in a $3.5 billion deal that would make the biggest player in the online real estate market.
  • German court receives suit against EU bank union

    German court receives suit against EU bank union

    Monday, July 28 2014 10:34 AM EDT2014-07-28 14:34:40 GMT
    A group of German professors has filed a complaint to the country's highest court against the European Union's plans to create a so-called banking union, a central part of the effort to make the...
    A group of German professors has filed a complaint to the country's highest court against the European Union's plans to create a so-called banking union, a central part of the effort to make the continent's...
  • RPM Intl agrees to $797.5M deal on asbestos claims

    RPM Intl agrees to $797.5M deal on asbestos claims

    Monday, July 28 2014 9:55 AM EDT2014-07-28 13:55:40 GMT
    RPM International plans to spend nearly $800 million as part of a preliminary deal to fund a trust that resolves asbestos personal injury claims tied to a business owned by its Specialty Products Holding Corp.
    RPM International plans to spend nearly $800 million as part of a preliminary deal to fund a trust that resolves asbestos personal injury claims tied to a business owned by its Specialty Products Holding Corp.
  • US stocks open mixed on Wall Street

    US stocks open mixed on Wall Street

    Monday, July 28 2014 9:55 AM EDT2014-07-28 13:55:23 GMT
    The stock market is opening mixed at the start of a busy week as a batch of merger announcements lift shares in Family Dollar and other companies.
    The stock market is opening mixed at the start of a busy week as a batch of merger announcements lift shares in Family Dollar and other companies.
  • Tyson to sell Mexico, Brazil poultry operations

    Tyson to sell Mexico, Brazil poultry operations

    Monday, July 28 2014 8:04 AM EDT2014-07-28 12:04:39 GMT
    Tyson Foods says it will sell its poultry businesses in Mexico and Brazil for $575 million in cash to help pay debt tied to its acquisition of Hillshire Brands.
    Tyson Foods plans to sell its poultry businesses in Mexico and Brazil for $575 million in cash to help pay debt from its recently announced acquisition of Hillshire Brands.
  • Britain reopens way for fracking

    Britain reopens way for fracking

    Monday, July 28 2014 7:34 AM EDT2014-07-28 11:34:41 GMT
    The British government has reopened the way for energy firms to explore for shale gas, three years after seismic tremors led to the suspension of fracking.
    Energy firms will be able to bid for licenses Monday to explore for shale gas in Britain, three years after the controversial fracking process caused seismic tremors which led the government to suspend operations.
  • US companies increasingly fish for growth overseas

    US companies increasingly fish for growth overseas

    Monday, July 28 2014 6:26 AM EDT2014-07-28 10:26:27 GMT
    Major U.S. companies are starting to reap their most rapid growth in fertile lands of opportunity far from home.
    Major U.S. companies are starting to reap their most rapid growth in fertile lands of opportunity far from home.
  • Meat supplier: China unit fell short of standards

    Meat supplier: China unit fell short of standards

    Monday, July 28 2014 6:14 AM EDT2014-07-28 10:14:33 GMT
    A U.S. meat supplier says a Chinese unit embroiled in a safety scandal has fallen short of its requirements for maintaining high standards.
    A U.S. meat supplier said Monday a Chinese subsidiary embroiled in a safety scandal fell short of its requirements for maintaining high standards.
  • Korean Air chief in line to lead Pyeongchang Games

    Korean Air chief in line to lead Pyeongchang Games

    Monday, July 28 2014 5:48 AM EDT2014-07-28 09:48:39 GMT
    The South Korean businessman who led Pyeongchang's successful bid for the Winter Olympics is set to return as head of the organizing committee for the 2018 Games.
    The South Korean businessman who led Pyeongchang's successful bid for the Winter Olympics is set to return as head of the organizing committee for the 2018 Games.
  • Nissan profit rises on strong sales, cheap yen

    Nissan profit rises on strong sales, cheap yen

    Monday, July 28 2014 5:14 AM EDT2014-07-28 09:14:45 GMT
    Nissan's quarterly profit rose nearly 37 percent, helped by a favorable exchange rate and healthy sales in North America and China.
    Nissan's quarterly profit rose nearly 37 percent, helped by a favorable exchange rate and healthy sales in North America and China.
  • Study: Embargo wouldn't hurt Russia

    Study: Embargo wouldn't hurt Russia

    Monday, July 28 2014 4:17 AM EDT2014-07-28 08:17:34 GMT
    An arms embargo against Russia would be little more than symbolic because Russia is largely self-sufficient in supplying its armed forces, a report argued Sunday.
    An arms embargo against Russia would be little more than symbolic because Russia is largely self-sufficient in supplying its armed forces, a report argued Sunday.
  • EU hits Russian intelligence chiefs with sanctions

    EU hits Russian intelligence chiefs with sanctions

    Monday, July 28 2014 4:14 AM EDT2014-07-28 08:14:30 GMT
    European Union ambassadors have reached a preliminary deal on stepped-up sanctions against Russia, targeting its access to European capital markets and trade in the defense sector, dual-use goods and sensitive...
    The European Union on Friday extended its Ukraine-related sanctions to target top Russian intelligence officials and leaders of the pro-Russia revolt in eastern Ukraine, official documents showed.
  • Fukushima study: Think about unthinkable disasters

    Fukushima study: Think about unthinkable disasters

    Monday, July 28 2014 12:17 AM EDT2014-07-28 04:17:55 GMT
    A U.S. science advisory report says a key lesson from Japan's Fukushima nuclear accident is that the nation's nuclear industry needs to focus more on the highly unlikely but super-serious worst case scenarios.
    A U.S. science advisory report says Japan's Fukushima nuclear accident offers a key lesson to the nation's nuclear industry: Focus more on the highly unlikely but worst case scenarios.
  • Not in my backyard: US sending dirty coal abroad

    Not in my backyard: US sending dirty coal abroad

    Monday, July 28 2014 12:15 AM EDT2014-07-28 04:15:44 GMT
    As the Obama administration weans the U.S. off dirty fuels blamed for global warming, energy companies have been sending more of America's unwanted energy leftovers to other parts of the world where they could...
    As the Obama administration weans the U.S. off dirty fuels blamed for global warming, energy companies have been sending more of America's unwanted energy leftovers to other parts of the world where they could create...
  • BSkyB to create multinational European TV network

    BSkyB to create multinational European TV network

    Sunday, July 27 2014 10:34 PM EDT2014-07-28 02:34:52 GMT
    London-based satellite broadcaster BSkyB has announced agreements to purchase Sky Italia and 57 percent of Sky Deutschland from 21st Century Fox.
    London-based pay TV network BSkyB has agreed to take control of its sister companies in Italy and Germany, creating a multinational European broadcaster. The deal could have a wider impact on the media industry, giving...
  • Comic-book convention organizers clash over name

    Comic-book convention organizers clash over name

    Sunday, July 27 2014 7:57 PM EDT2014-07-27 23:57:02 GMT
    Organizers of two of the biggest comic-book conventions in the country are clashing over their names.
    Organizers of two of the biggest comic-book conventions in the country are clashing over their names.
  • US meat supplier in China withdraws products

    US meat supplier in China withdraws products

    Sunday, July 27 2014 7:14 PM EDT2014-07-27 23:14:17 GMT
    OSI Group, an Aurora, Illinois-based company at the center of a food scandal in China, said that it was pulling all of the products produced by its Shanghai Husi unit from the marketplace.
    OSI Group, an Aurora, Illinois-based company at the center of a food scandal in China, said that it was pulling all of the products produced by its Shanghai Husi unit from the marketplace.
  • Oil rises just above $102 a barrel

    Oil rises just above $102 a barrel

    Sunday, July 27 2014 7:14 PM EDT2014-07-27 23:14:08 GMT
    By The Associated Press The price of oil slipped below $102 a barrel on Friday, falling for a second day after spiking on lower U.S. inventories and tensions in the Ukraine and the Middle East.
    By The Associated Press The price of oil traded around $102 a barrel on Friday, nearly unchanged, as worries over supplies and geopolitical tensions eased.
  • Cable on Ohio amusement park ride snaps, hurting 2

    Cable on Ohio amusement park ride snaps, hurting 2

    Sunday, July 27 2014 5:54 PM EDT2014-07-27 21:54:40 GMT
    An Ohio amusement park ride that swings riders up to 125 feet in the air has been closed indefinitely after a cable snapped, injuring two visitors.
    An Ohio amusement park ride that swings riders as high as 125 feet has been closed indefinitely after a cable snapped, injuring two visitors.
  • EU, US seek Putin Achilles' heel on Ukraine

    EU, US seek Putin Achilles' heel on Ukraine

    Sunday, July 27 2014 5:14 PM EDT2014-07-27 21:14:03 GMT
    Months after Russia annexed Crimea and stepped up support for separatists in eastern Ukraine, Europe and the United States are still searching for an effective way to persuade Russian President Vladimir Putin to...
    Months after Russia annexed Crimea and stepped up support for separatists in eastern Ukraine, Europe and the United States are still searching for a way to persuade Russian President Vladimir Putin to change course.
  • Varying health premium subsidies worry consumers

    Varying health premium subsidies worry consumers

    Sunday, July 27 2014 3:44 PM EDT2014-07-27 19:44:16 GMT
    Linda Close was grateful to learn she qualified for a sizable subsidy to help pay for her health insurance under the new federal law. But in the process of signing up for a plan, Close said her HealthCare.gov...
    Linda Close was grateful to learn she qualified for a sizable subsidy to help pay for her health insurance under the new federal law. But in the process of signing up for a plan, Close said her HealthCare.gov account...
  • More US girls now getting cervical cancer vaccine

    More US girls now getting cervical cancer vaccine

    Sunday, July 27 2014 3:44 PM EDT2014-07-27 19:44:05 GMT
    The government is reporting an increase in teen U.S. girls getting a controversial cervical cancer vaccine - but it's not much of a bump.
    More teen girls are getting a controversial cervical cancer vaccine but the increase isn't much of a bump, the government reported Thursday.
  • GOP works to avert Senate upset in Georgia

    GOP works to avert Senate upset in Georgia

    Sunday, July 27 2014 3:24 PM EDT2014-07-27 19:24:55 GMT
    Republicans are on the offensive in the opening days of Georgia's general election Senate campaign, hammering Democrat Michelle Nunn as a rubber stamp for President Barack Obama and questioning her resume as a...
    Republicans are on the offensive in the opening days of Georgia's Senate campaign, hammering Democrat Michelle Nunn as a rubber stamp for President Barack Obama and questioning her resume as a non-profit executive -...
  • Survey: US gas prices fall 9 cents to $3.58

    Survey: US gas prices fall 9 cents to $3.58

    Sunday, July 27 2014 2:54 PM EDT2014-07-27 18:54:27 GMT
    A national survey finds the average U.S. price of regular-grade gasoline has plummeted 9 cents a gallon over the past two weeks to $3.58.
    A national survey finds the average U.S. price of regular-grade gasoline has plummeted 9 cents a gallon over the past two weeks to $3.58.
  • 'Lucy' tops 'Hercules' with $44M at box office

    'Lucy' tops 'Hercules' with $44M at box office

    Sunday, July 27 2014 2:47 PM EDT2014-07-27 18:47:13 GMT
    Luc Besson's "Lucy" proved mind can overpower muscle, topping a remake of "Hercules" by director Brett Ratner at the box office on the weekend.
    Luc Besson's "Lucy" proved mind can overpower muscle, topping a remake of "Hercules" by director Brett Ratner at the box office on the weekend.
  • Nissan expands recall prompted by faulty air bag

    Nissan expands recall prompted by faulty air bag

    Sunday, July 27 2014 2:24 PM EDT2014-07-27 18:24:20 GMT
    Nissan is recalling more than 226,000 additional vehicles over a defective air bag that has affected much of the global auto industry.
    Nissan is recalling more than 226,000 additional vehicles over a defective air bag that has affected much of the global auto industry.
  • Promises of easier nuclear construction fall short

    Promises of easier nuclear construction fall short

    Sunday, July 27 2014 11:54 AM EDT2014-07-27 15:54:19 GMT
    The U.S. nuclear industry has started building its first new plants in decades using prefabricated Lego-like blocks meant to save time and money and revive the once promising energy source.
    The U.S. nuclear industry has started building its first new plants in decades using prefabricated Lego-like blocks meant to save time and money and revive the once promising energy source.
  • Obama: Offshore 'tax inversions' are unpatriotic

    Obama: Offshore 'tax inversions' are unpatriotic

    Sunday, July 27 2014 11:14 AM EDT2014-07-27 15:14:17 GMT
    President Barack Obama says a loophole that lets companies dodge U.S. taxes by moving their headquarters overseas is unpatriotic.
    President Barack Obama says a loophole that lets companies dodge U.S. taxes by moving their headquarters overseas is unpatriotic.
  • Report: China to declare Qualcomm a monopoly

    Report: China to declare Qualcomm a monopoly

    Sunday, July 27 2014 9:44 AM EDT2014-07-27 13:44:53 GMT
    A government newspaper says Chinese regulators have concluded Qualcomm Inc., one of the biggest makers of chips used in mobile devices, has a monopoly.
    Chinese regulators have concluded Qualcomm Inc., one of the biggest makers of chips used in mobile devices, has a monopoly, a government newspaper reported Friday.
  • Facebook 2Q earnings, revenue soar

    Facebook 2Q earnings, revenue soar

    Sunday, July 27 2014 9:44 AM EDT2014-07-27 13:44:46 GMT
    Facebook Inc. (FB) on Wednesday reported profit that more than doubled in its second quarter, and topped analysts' expectations.
    Facebook is on a roll. The world's largest online social network posted sharply higher earnings on Wednesday as revenue from mobile advertising continued to grow, and more people used it, more often.
  • Nokia sees brighter future without handset unit

    Nokia sees brighter future without handset unit

    Saturday, July 26 2014 6:54 PM EDT2014-07-26 22:54:16 GMT
    Telecommunications and wireless equipment maker Nokia Corp. says second-quarter profit rose 20 percent to 213 million euros ($285 million) on the back of improved profitability of its key networks unit.
    There is life after mobile phones for Nokia.
  • Boeing CEO sorry for 'cowering' workers remark

    Boeing CEO sorry for 'cowering' workers remark

    Saturday, July 26 2014 6:03 PM EDT2014-07-26 22:03:24 GMT
    Boeing Co. CEO Jim McNerney apologized Friday for saying the aerospace giant's employees were "cowering" during his tenure, a comment one union official called "a new low" in the company's relationship with...
    Boeing Co. CEO Jim McNerney apologized Friday for saying the aerospace giant's employees were "cowering" during his tenure, a comment one union official called "a new low" in the company's relationship with workers.
  • Global tensions don't dent enthusiasm for stocks

    Global tensions don't dent enthusiasm for stocks

    Saturday, July 26 2014 5:54 PM EDT2014-07-26 21:54:42 GMT
    By STEVE ROTHWELL AP Markets Writer A war breaks out between Israel and Hamas. An airliner is shot out of the sky in Ukraine. A Portuguese bank's finances look shaky.
    By STEVE ROTHWELL AP Markets Writer A war breaks out between Israel and Hamas. An airliner is shot out of the sky in Ukraine. A Portuguese bank's finances look shaky.
  • Worries about US consumers drag stocks lower

    Worries about US consumers drag stocks lower

    Saturday, July 26 2014 5:54 PM EDT2014-07-26 21:54:38 GMT
    U.S. stock futures headed lower early Friday as a handful of big companies posted weaker results than Wall Street expected. Amazon's shares sank after it posted a quarterly loss.
    Investors got some bad news about the American shopper on Friday, driving down stocks and sending the Dow Jones industrial average to a loss for the week.
  • FedEx charges raise online pharmacy issues

    FedEx charges raise online pharmacy issues

    Saturday, July 26 2014 2:43 PM EDT2014-07-26 18:43:43 GMT
    FedEx Corp., the latest shipper to be accused in a federal probe involving illegal online pharmacies, says it will fight the charges that it knowingly shipped drugs to people who lack valid prescriptions.
    FedEx Corp., the latest company accused in a federal probe involving illegal online pharmacies, says it will fight the charges that it knowingly shipped drugs to people who lack valid prescriptions.
  • Russian execs fear lasting damage from plane crash

    Russian execs fear lasting damage from plane crash

    Saturday, July 26 2014 1:23 PM EDT2014-07-26 17:23:33 GMT
    Having for months dismissed Western sanctions on Russia as toothless, business leaders here are now afraid that the crash of the Malaysian jetliner will bring about an international isolation that will cause...
    Having for months dismissed Western sanctions on Russia as toothless, business leaders here are now afraid that the downing of the Malaysian jetliner will bring about an international isolation that will cause serious and...
  • Family feud sparks revolt at grocery store chain

    Family feud sparks revolt at grocery store chain

    Friday, July 25 2014 9:05 PM EDT2014-07-26 01:05:50 GMT
    It's been called a David vs. Goliath story, a "Tale of Two Arthurs" and even the "ultimate Greek tragedy," but the characters in this drama are not Biblical or literary figures.
    It's been called a David vs. Goliath story, a "Tale of Two Arthurs" and even the "ultimate Greek tragedy," but the characters in this drama are not Biblical or literary figures. They're grocery store owners.
  • Migrants: Obama urges Latin leaders, GOP to help

    Migrants: Obama urges Latin leaders, GOP to help

    Friday, July 25 2014 7:38 PM EDT2014-07-25 23:38:15 GMT
    President Barack Obama is summoning Central American leaders to the White House to discuss the influx of young immigrants from their countries to the U.S., hoping to show presidential action even as Congress...
    Pressing for swift action, President Barack Obama on Friday urged Central American presidents and congressional Republicans to help ease the influx of minors and migrant families crossing the southwest border of the U.S.
  • Russia: McDonald's food has 'too many calories'

    Russia: McDonald's food has 'too many calories'

    Friday, July 25 2014 7:14 PM EDT2014-07-25 23:14:29 GMT
    Russia's consumer protection agency has filed a suit against McDonald's for allegedly selling food that does not meet legal standards.
    Nearly a quarter-century after McDonald's startled and delighted Soviets with their first taste of American fast-food culture, the company's now facing a suit that could ban it from selling some of its signature...
  • Fast food workers prepare to escalate wage demands

    Fast food workers prepare to escalate wage demands

    Friday, July 25 2014 6:06 PM EDT2014-07-25 22:06:45 GMT
    Fast food workers say they're prepared to escalate their campaign for higher wages and union representation, starting with a national convention in suburban Chicago where more than 1,000 workers are expected to...
    Fast food workers say they're prepared to escalate their campaign for higher wages and union representation, starting with a national convention in suburban Chicago where more than 1,000 workers will discuss the future...
  • Disappointing results at Visa, Amazon hurt stocks

    Disappointing results at Visa, Amazon hurt stocks

    Friday, July 25 2014 4:22 PM EDT2014-07-25 20:22:58 GMT
    The stock market is ending lower after Visa and Amazon posted disappointing results.
    The stock market is ending lower after Visa and Amazon posted disappointing results.
  • House votes to boost child tax credit for some

    House votes to boost child tax credit for some

    Friday, July 25 2014 3:23 PM EDT2014-07-25 19:23:26 GMT
    The House passed a bill Friday that would gradually increase the popular child tax credit and make it available to more families with higher incomes.
    More families with higher incomes could claim the popular child tax credit under a bill that won approval Friday in the House. But in a dispute that divides Republicans and Democrats, millions of the poorest low-income...
  • Social Security's $300M IT project doesn't work

    Social Security's $300M IT project doesn't work

    Friday, July 25 2014 2:15 PM EDT2014-07-25 18:15:48 GMT
    After spending nearly $300 million on a new computer system to handle disability claims, the Social Security Administration still can't get it to work. And officials can't say when it will.
    After spending nearly $300 million on a new computer system to handle disability claims, the Social Security Administration still can't get it to work. And officials can't say when it will.
  • US wildlife officials propose limiting snake trade

    US wildlife officials propose limiting snake trade

    Friday, July 25 2014 2:05 PM EDT2014-07-25 18:05:35 GMT
    Federal wildlife officials recently proposed strict nationwide limits on importing and shipping boa constrictors and four other snake species in an effort to prevent them from being introduced into the wild.
    Federal wildlife officials recently proposed strict nationwide limits on importing and shipping boa constrictors and four other snake species in an effort to prevent them from being introduced into the wild.
  • Feds probe Dodge Charger alternator complaints

    Feds probe Dodge Charger alternator complaints

    Friday, July 25 2014 1:42 PM EDT2014-07-25 17:42:37 GMT
    The U.S. government's road safety agency is investigating complaints about engine stalling and alternator failures in Dodge Charger sedans.
    The U.S. government's road safety agency is investigating complaints about engine stalling and alternator failures in Dodge Charger sedans.
  • Disappointing results at Visa, Amazon dent stocks

    Disappointing results at Visa, Amazon dent stocks

    Friday, July 25 2014 12:32 PM EDT2014-07-25 16:32:59 GMT
    The stock market is falling in midday trading after Visa and Amazon posted weaker results than Wall Street expected.
    The stock market is falling in midday trading after Visa and Amazon posted weaker results than Wall Street expected.
  • World stocks fall on US earnings, Russia sanctions

    World stocks fall on US earnings, Russia sanctions

    Friday, July 25 2014 12:22 PM EDT2014-07-25 16:22:55 GMT
    Most major Asian stock markets rose Friday after U.S. unemployment claims fell to an eight-year low and tensions over the downing of a Malaysia Airlines jet eased.
    Global stock markets turned lower on Friday after weak earnings from Visa and Amazon and as European countries planned a range of sanctions against some Russian businesses.
  • Lufthansa, Air France to resume Tel Aviv flights

    Lufthansa, Air France to resume Tel Aviv flights

    Friday, July 25 2014 12:08 PM EDT2014-07-25 16:08:07 GMT
    Germany's two largest airlines say they are not yet resuming flights to Israel even though the European Aviation Safety Agency has lifted a recommendation that airlines refrain from flying to Tel Aviv airport.
    Air France and Germany's two biggest airlines decided Friday to resume flights to Tel Aviv after canceling operations for several days over safety concerns.
  • Cyprus passes international bailout review

    Cyprus passes international bailout review

    Friday, July 25 2014 12:07 PM EDT2014-07-25 16:07:31 GMT
    Cyprus' international creditors say the country's bailout program is making good progress as fiscal targets have been comfortably met, welfare reform has move forward and more steps have been taken to shore...
    Cyprus' international creditors said Friday that the country's bailout program is making good progress as fiscal targets have been comfortably met, welfare reform has moved forward and more steps have been taken to...
  • US agency probes Hyundai Sonata air bag problem

    US agency probes Hyundai Sonata air bag problem

    Friday, July 25 2014 11:52 AM EDT2014-07-25 15:52:21 GMT
    U.S. safety regulators are investigating whether an electrical problem can knock out the air bags on some older Hyundai Sonatas.
    U.S. safety regulators are investigating whether an electrical problem can knock out the air bags on some older Hyundai Sonatas.
  • US stocks ease on earnings results

    US stocks ease on earnings results

    Friday, July 25 2014 10:08 AM EDT2014-07-25 14:08:11 GMT
    The stock market is lower in early trading after online retail giant Amazon posted a quarterly loss.
    The stock market is lower in early trading after online retail giant Amazon posted a quarterly loss.
  • Molson Coors Brewing CEO to retire at year's end

    Molson Coors Brewing CEO to retire at year's end

    Friday, July 25 2014 9:52 AM EDT2014-07-25 13:52:54 GMT
    Molson Coors Brewing Co. President and CEO Peter S. Swinburn is retiring at year's end.
    Molson Coors Brewing President and CEO Peter S. Swinburn will retire at the end of the year.
  • Orders for US durable goods up 0.7 percent in June

    Orders for US durable goods up 0.7 percent in June

    Friday, July 25 2014 9:22 AM EDT2014-07-25 13:22:37 GMT
    Orders for long-lasting manufactured goods rebounded in June after a May decline, helped by a recovery in demand in a key category that signals business investment plans.
    Orders for long-lasting manufactured goods rebounded in June after a May decline, helped by a recovery in demand in a key category that signals business investment plans.
  • Son of S.Korea sunken ferry owner detained

    Son of S.Korea sunken ferry owner detained

    Friday, July 25 2014 6:52 AM EDT2014-07-25 10:52:34 GMT
    South Korean news agency says the eldest son of the sunken ferry owner has been detained by police after two months on the run.
    South Korean news agency says the eldest son of the sunken ferry owner has been detained by police after two months on the run.
  • UK economy grows to surpass pre-crisis peak

    UK economy grows to surpass pre-crisis peak

    Friday, July 25 2014 6:52 AM EDT2014-07-25 10:52:22 GMT
    Official figures show Britain's economy has surpassed its pre-recession size for the first time since the 2008 global banking crisis.
    Britain's economy has grown to surpass the peak it reached in 2008, before the global banking crisis caused a deep recession, official figures showed Friday.
  • German business confidence drops for 3rd month

    German business confidence drops for 3rd month

    Friday, July 25 2014 6:32 AM EDT2014-07-25 10:32:06 GMT
    German business confidence is down for a third month in a row amid ongoing concerns about the economic impact of the crises in Ukraine and Iraq.
    German business confidence fell for a third consecutive month amid ongoing concerns about the economic impact of the crises in Ukraine and the Middle East, though consumer confidence in Europe's largest economy...
  • Russia raises key rate amid Ukraine concerns

    Russia raises key rate amid Ukraine concerns

    Friday, July 25 2014 6:23 AM EDT2014-07-25 10:23:36 GMT
    Russia's central bank has unexpectedly raised its key interest rate in a bid to stem inflation and support the currency as the country faces increasing economic pressure over its policies in Ukraine.
    Russia's central bank has unexpectedly raised its key interest rate in a bid to stem inflation and support the currency as the country faces increasing economic pressure over its policies in Ukraine.
  • McNuggets pulled from sale in HK after meat scare

    McNuggets pulled from sale in HK after meat scare

    Friday, July 25 2014 6:23 AM EDT2014-07-25 10:23:17 GMT
    McDonald's restaurants in Hong Kong have taken chicken nuggets and chicken filet burgers off the menu after a U.S.-owned supplier in mainland China was accused of selling expired meat.
    McDonald's restaurants in Hong Kong have taken chicken nuggets and chicken filet burgers off the menu after a U.S.-owned supplier in mainland China was accused of selling expired meat.
  • Towering worry: Small holes cause big jitters

    Towering worry: Small holes cause big jitters

    Friday, July 25 2014 4:33 AM EDT2014-07-25 08:33:27 GMT
    For the developers of the world's sixth tallest building near Seoul, a mysteriously shrinking lake and the appearance of small sinkholes in residential neighborhoods couldn't have come at a more inopportune...
    For the developers of the world's sixth tallest building near Seoul, a mysteriously shrinking lake and the appearance of small sinkholes in residential neighborhoods couldn't have come at a more inopportune time.
  • Air Algerie jet with 116 on board crashes in Mali

    Air Algerie jet with 116 on board crashes in Mali

    Friday, July 25 2014 1:55 AM EDT2014-07-25 05:55:46 GMT
    The official Algerian news agency says an Air Algerie flight from Burkina Faso to Algiers has disappeared from the radar.
    An Air Algerie jetliner carrying 116 people crashed Thursday in a rainstorm over restive Mali, the third major international aviation disaster in a week.
  • Twitter admits to diversity problem in workforce

    Twitter admits to diversity problem in workforce

    Thursday, July 24 2014 11:06 PM EDT2014-07-25 03:06:54 GMT
    Twitter is acknowledging that it has been hiring too many white and Asian men to fill high-paying technology jobs, just like several other major companies in Silicon Valley.
    Twitter acknowledged that it has been hiring too many white and Asian men to fill high-paying technology jobs, just like several other major companies in Silicon Valley.
  • NYC official: Thieves got into 1K StubHub accounts

    NYC official: Thieves got into 1K StubHub accounts

    Thursday, July 24 2014 11:05 PM EDT2014-07-25 03:05:13 GMT
    A law enforcement official and online marketplace StubHub say cyber thieves got into more than 1,000 customers' accounts and fraudulently bought tickets for events.
    Some of the hottest tickets in town - to Broadway hits, Jay-Z and Justin Timberlake concerts, a New York Yankees-Boston Red Sox game - were snapped up by an international ring of cyber thieves who commandeered more than...
  • Apple post biggest earnings gain in nearly 2 years

    Apple post biggest earnings gain in nearly 2 years

    Thursday, July 24 2014 11:04 PM EDT2014-07-25 03:04:24 GMT
    Apple's growth prospects are looking brighter as anticipation builds for the upcoming release of the next iPhone, a model that is expected to cater to consumers yearning for a bigger screen.
    Apple's growth prospects are looking brighter as anticipation builds for the upcoming release of the next iPhone, a model that is expected to cater to consumers yearning for a bigger screen.
  • Very bad week: Airline disasters come in a cluster

    Very bad week: Airline disasters come in a cluster

    Thursday, July 24 2014 10:05 PM EDT2014-07-25 02:05:10 GMT
    Nearly 300 passengers perish when their plane is shot out of the sky. Airlines suspend flights to Israel's largest airport after rocket attacks. An airliner crashes during a storm, and yet another disappears....
    Nearly 300 passengers perish when their plane is shot out of the sky. Airlines suspend flights to Israel's largest airport after rocket attacks. Two airliners crash during storms. Aviation has suffered one of its worst...
  • Visa posts higher 3Q profit, revenue

    Visa posts higher 3Q profit, revenue

    Thursday, July 24 2014 7:41 PM EDT2014-07-24 23:41:54 GMT
    Visa Inc. said Thursday that its profit climbed 11 percent in its fiscal third quarter versus a year earlier, aided by solid growth in payments volume, service revenue and transactions.
    Visa Inc. said Thursday that its profit climbed 11 percent in its fiscal third quarter versus a year earlier, aided by solid growth in payments volume, service revenue and transactions.
  • Bankrupt Energy Future to auction stake in Oncor

    Bankrupt Energy Future to auction stake in Oncor

    Thursday, July 24 2014 6:56 PM EDT2014-07-24 22:56:02 GMT
    Bankrupt power giant Energy Future Holdings terminated its restructuring agreement and announced plans to auction its stake in the profitable power transmission business Oncor Electric Delivery Co., according to a...
    Bankrupt power giant Energy Future Holdings terminated its restructuring agreement and announced plans to auction its stake in the profitable power transmission business Oncor Electric Delivery Co., according to a filing...
  • Starbucks US sales rise with help of revamped food

    Starbucks US sales rise with help of revamped food

    Thursday, July 24 2014 6:31 PM EDT2014-07-24 22:31:53 GMT
    Starbucks reported a higher quarterly profit Thursday as new food and drinks helped boost sales in the U.S.
    Starbucks said Thursday its revamped breakfast sandwiches and other food offerings helped boost sales at its U.S. cafes.
  • Obama wants limits on US company mergers abroad

    Obama wants limits on US company mergers abroad

    Thursday, July 24 2014 5:43 PM EDT2014-07-24 21:43:55 GMT
    President Barack Obama wraps up a three-day fundraising trip on the West Coast on Thursday, devoting part of his day to promoting his economic agenda at a technical college.
    Staking out a populist stand ahead of the midterm elections, President Barack Obama on Thursday demanded "economic patriotism" from U.S. corporations that use legal means to avoid U.S. taxes through overseas mergers.
  • Union Pacific 2Q profit chugs ahead 17 percent

    Union Pacific 2Q profit chugs ahead 17 percent

    Thursday, July 24 2014 5:22 PM EDT2014-07-24 21:22:29 GMT
    Union Pacific Corp. says its quarterly profit climbed 17 percent as the railroad hauled 8 percent more freight and raised shipping rates.
    Union Pacific Corp. said Thursday that its quarterly profit climbed 17 percent as the railroad hauled 8 percent more freight and raised shipping rates.
  • After much movement, stocks end where they began

    After much movement, stocks end where they began

    Thursday, July 24 2014 5:12 PM EDT2014-07-24 21:12:34 GMT
    U.S. stock futures rose ahead of the opening bell on Thursday as several big companies across industries reported second-quarter earnings.
    Only Wall Street could make the buying and selling of more than 3 billion shares look like nothing happened.
  • Correction: Housing-Clinging to Low Rates story

    Correction: Housing-Clinging to Low Rates story

    Thursday, July 24 2014 5:12 PM EDT2014-07-24 21:12:14 GMT
    Would-be home sellers across the country are grappling with a once-in-a-lifetime problem: They have mortgage rates so absurdly low it would hurt them financially to sell.
    In a story July 11 about people who are hesitant to sell their homes and give up their ultra-low mortgage rates, The Associated Press reported erroneously that a rental index compiled by real estate data provider Zillow...
  • US stocks end little changed after mixed news

    US stocks end little changed after mixed news

    Thursday, July 24 2014 4:35 PM EDT2014-07-24 20:35:20 GMT
    U.S. stocks are ending little changed after a day of mixed signals on corporate earnings and the economy.
    U.S. stocks are ending little changed after a day of mixed signals on corporate earnings and the economy.
  • US airlines to resume flights to Israel

    US airlines to resume flights to Israel

    Thursday, July 24 2014 4:15 PM EDT2014-07-24 20:15:57 GMT
    United Airlines will be the first U.S. carrier to resume flights to Israel after a two-day hiatus caused by combat in the Gaza Strip.
    The U.S. airlines serving Israel will resume flights there Thursday, following a two-day hiatus caused by combat in the Gaza Strip.
  • Wal-Mart names new CEO of US discount division

    Wal-Mart names new CEO of US discount division

    Thursday, July 24 2014 4:14 PM EDT2014-07-24 20:14:52 GMT
    Wal-Mart Stores Inc. says U.S. discount-store chief Bill Simon is stepping down.
    Wal-Mart is replacing the chief of its U.S. discount stores in what could be an indication that it's losing confidence that its largest business unit will rebound after more than a year of disappointing results.
  • Across US job market, layoffs are becoming rare

    Across US job market, layoffs are becoming rare

    Thursday, July 24 2014 3:44 PM EDT2014-07-24 19:44:04 GMT
    The risk of losing your job is getting smaller and smaller.
    The risk of losing your job is getting smaller and smaller.
  • Airlines report big 2Q profits on strong demand

    Airlines report big 2Q profits on strong demand

    Thursday, July 24 2014 3:23 PM EDT2014-07-24 19:23:29 GMT
    By The Associated Press Investing in airlines has long been the butt of jokes, especially when many U.S. carriers traipsed through bankruptcy court in the past decade.
    By The Associated Press Investing in airlines has long been the butt of jokes, especially when many U.S. carriers traipsed through bankruptcy court in the past decade.
  • FAA lifts ban on US flights to Tel Aviv airport

    FAA lifts ban on US flights to Tel Aviv airport

    Thursday, July 24 2014 2:55 PM EDT2014-07-24 18:55:39 GMT
    The Federal Aviation Administration has lifted its ban on U.S. flights in and out of Israel.
    The Federal Aviation Administration has lifted its ban on U.S. flights in and out of Israel.
  • Bombardier restructuring cuts 1,800 jobs globally

    Bombardier restructuring cuts 1,800 jobs globally

    Thursday, July 24 2014 2:43 PM EDT2014-07-24 18:43:13 GMT
    Airplane maker Bombardier Inc. is cutting 1,800 jobs across facilities worldwide as it restructures operations.
    Airplane maker Bombardier Inc. is cutting 1,800 jobs across facilities worldwide as it restructures operations.
  • Texas governor's startup fund is not all it seems

    Texas governor's startup fund is not all it seems

    Thursday, July 24 2014 2:34 PM EDT2014-07-24 18:34:51 GMT
    Texas Gov. Rick Perry has distributed $205 million in taxpayer money to scores of technology startups using a pet program designed to bring high-paying jobs and innovation to the nation's second most-populous...
    Texas Gov. Rick Perry has distributed $205 million in taxpayer money to scores of technology startups using a pet program designed to bring high-paying jobs and innovation to the nation's second most-populous state.
  • Morgan Stanley paying $275M to settle SEC charges

    Morgan Stanley paying $275M to settle SEC charges

    Thursday, July 24 2014 2:14 PM EDT2014-07-24 18:14:55 GMT
    Morgan Stanley has agreed to pay $275 million to settle U.S. civil charges that it misled investors about risky mortgage bonds it sold ahead of the 2008 financial crisis.
    Morgan Stanley has agreed to pay $275 million to settle U.S. civil charges that it misled investors about risky mortgage bonds it sold ahead of the 2008 financial crisis.
  • Agents get subsidized 'Obamacare' using fake IDs

    Agents get subsidized 'Obamacare' using fake IDs

    Thursday, July 24 2014 12:44 PM EDT2014-07-24 16:44:17 GMT
    Congress will hear testimony Wednesday detailing how undercover investigators used fake identities to get taxpayer-subsidized health insurance under President Barack Obama's law.
    Undercover investigators using fake identities were able to secure taxpayer-subsidized health insurance under President Barack Obama's health care law, congressional investigators said Wednesday.
  • GM profit 2Q falls 85 pct. on recall costs

    GM profit 2Q falls 85 pct. on recall costs

    Thursday, July 24 2014 12:43 PM EDT2014-07-24 16:43:24 GMT
    General Motors says second-quarter profit fell 85 percent as recall costs chopped $1.5 billion from the bottom line.
    Recall expenses chopped $1.5 billion from General Motors' bottom line in the second quarter, as it added up the costs of repairs for nearly 30 million cars and set aside funds to compensate victims of small-car crashes.
  • Dunkin' pushing cashiers to 'upsell' in afternoons

    Dunkin' pushing cashiers to 'upsell' in afternoons

    Thursday, July 24 2014 12:36 PM EDT2014-07-24 16:36:25 GMT
    If an iced coffee from Dunkin' Donuts is part of your afternoon routine, expect a nudge to buy a cookie or doughnut you didn't plan on.
    If an iced coffee from Dunkin' Donuts is part of your afternoon routine, expect a nudge to buy a cookie or doughnut you didn't plan on.
  • Ford 2Q net profit up 6 percent to $1.3 billion

    Ford 2Q net profit up 6 percent to $1.3 billion

    Thursday, July 24 2014 12:24 PM EDT2014-07-24 16:24:38 GMT
    Ford Motor Co.'s second quarter net income rose 6 percent to $1.3 billion as the company saw record profits in North America and made money in Europe for the first time in three years.
    Ford Motor Co. beat Wall Street's expectations in the second quarter as it chalked up a record profit in North America and made money in Europe for the first time in three years.
  • IMF cuts US and global growth forecasts for 2014

    IMF cuts US and global growth forecasts for 2014

    Thursday, July 24 2014 12:24 PM EDT2014-07-24 16:24:35 GMT
    The International Monetary Fund foresees the global economy expanding less than it had previously forecast, slowed by weaker growth in the United States, Russia and developing economies.
    The International Monetary Fund foresees the global economy expanding less than it had previously forecast, slowed by weaker growth in the United States, Russia and developing economies.
  • US stocks rise at midday on stronger earnings

    US stocks rise at midday on stronger earnings

    Thursday, July 24 2014 12:24 PM EDT2014-07-24 16:24:04 GMT
    The stock market is rising at midday as a slew of companies report stronger earnings.
    The stock market is rising at midday as a slew of companies report stronger earnings.
  • Swiss drug maker Roche posts 7 percent profit drop

    Swiss drug maker Roche posts 7 percent profit drop

    Thursday, July 24 2014 12:23 PM EDT2014-07-24 16:23:46 GMT
    Swiss drugmaker Roche Holding AG has posted a net profit drop of 7 percent compared with a year ago, weighed down by a strong Swiss franc and charges from one of its diagnostic units.
    Swiss drugmaker Roche Holding AG on Thursday posted a net profit drop of 7 percent compared with a year ago, weighed down by a strong Swiss franc and charges from one of its diagnostic units.
  • Markets solid amid mixed US economic news

    Markets solid amid mixed US economic news

    Thursday, July 24 2014 12:13 PM EDT2014-07-24 16:13:20 GMT
    World shares were rattled Thursday by reports the European Union is weighing stiffer financial sanctions against Russia.
    Markets were solid Thursday as geopolitical tensions largely related to the downing of a Malaysia Airlines jet over Ukraine subsided somewhat and after further upbeat U.S. jobs data was offset somewhat by surprisingly weak...
  • Average US 30-year mortgage rate at 4.13 pct.

    Average US 30-year mortgage rate at 4.13 pct.

    Thursday, July 24 2014 11:45 AM EDT2014-07-24 15:45:42 GMT
    Average U.S. long-term mortgage rates were stable to slightly higher this week, remaining near their lows for the year.
    Average U.S. long-term mortgage rates were stable to slightly higher this week, remaining near their lows for the year.
  • US new-home sales plummet in June

    US new-home sales plummet in June

    Thursday, July 24 2014 11:45 AM EDT2014-07-24 15:45:38 GMT
    Sales of new U.S. homes plunged in June, a sign that real estate continues to be a weak spot in the economy.
    Sales of new U.S. homes plunged in June, a sign that real estate continues to be a weak spot in the economy.
  • Southwest reports record profit of $465M for 2Q

    Southwest reports record profit of $465M for 2Q

    Thursday, July 24 2014 11:38 AM EDT2014-07-24 15:38:25 GMT
    Southwest Airlines is reporting a record profit for the second quarter, more than doubling what it earned a year ago.
    Southwest Airlines is reporting a record profit for the second quarter, more than doubling its earnings from a year ago.
  • United Airlines posts 2Q profit, reversing 1Q loss

    United Airlines posts 2Q profit, reversing 1Q loss

    Thursday, July 24 2014 11:20 AM EDT2014-07-24 15:20:57 GMT
    United Airlines is making money after a slow start to the year.
    United Airlines is making money after a slow start to the year.
  • IMF cuts US and global growth forecasts for 2014

    IMF cuts US and global growth forecasts for 2014

    Thursday, July 24 2014 11:20 AM EDT2014-07-24 15:20:51 GMT
    The International Monetary Fund foresees the global economy expanding less than it had previously forecast, slowed by weaker growth in the United States, Russia and developing economies.
    The International Monetary Fund foresees the global economy expanding less than it had previously forecast, slowed by weaker growth in the United States, Russia and developing economies.
  • American Airlines boosts profit on higher revenue

    American Airlines boosts profit on higher revenue

    Thursday, July 24 2014 11:20 AM EDT2014-07-24 15:20:45 GMT
    Profit and revenue are up at American Airlines, and the company will share some of the gains with shareholders.
    Profit and revenue are up at American Airlines, and the company will share some of the gains with shareholders.
  • US stocks open higher as investors gauge earnings

    US stocks open higher as investors gauge earnings

    Thursday, July 24 2014 9:52 AM EDT2014-07-24 13:52:32 GMT
    The U.S. stock market is opening slightly higher as several big companies across industries report second-quarter earnings.
    The U.S. stock market is opening slightly higher as several big companies across industries report second-quarter earnings.
  • US unemployment aid applications drop to 284,000

    US unemployment aid applications drop to 284,000

    Thursday, July 24 2014 9:22 AM EDT2014-07-24 13:22:33 GMT
    The number of people seeking U.S. unemployment benefits fell last week to its lowest level in eight years.
    The number of people seeking U.S. unemployment benefits fell last week to its lowest level in more than eight years.
  • 3M 2Q profit rises 6 percent

    3M 2Q profit rises 6 percent

    Thursday, July 24 2014 9:12 AM EDT2014-07-24 13:12:36 GMT
    3M's second-quarter profit jumped 6 percent as sales surged across all its businesses.
    3M's second-quarter profit jumped 6 percent as sales surged across all its businesses.
  • Oil drifts down despite China manufacturing bounce

    Oil drifts down despite China manufacturing bounce

    Thursday, July 24 2014 9:01 AM EDT2014-07-24 13:01:59 GMT
    By The Associated Press The price of oil fell Thursday, giving back part of its sizeable jump the day before, despite improvement in Chinese manufacturing.
    By PABLO GORONDI Associated Press The price of oil fell below $103 a barrel Thursday, giving back part of its gains from the day before, despite improvements in Chinese manufacturing.
  • UK: Former reporter sentenced for phone hacking

    UK: Former reporter sentenced for phone hacking

    Thursday, July 24 2014 8:47 AM EDT2014-07-24 12:47:14 GMT
    A former British tabloid reporter was given a 10-month suspended prison sentence Thursday for his role in the long-running phone hacking scandal that shook Rupert Murdoch's media empire.
    A former British tabloid reporter was given a 10-month suspended prison sentence Thursday for his role in the long-running phone hacking scandal that shook Rupert Murdoch's media empire.
  • Caterpillar 2Q profit rises, revenue declines

    Caterpillar 2Q profit rises, revenue declines

    Thursday, July 24 2014 8:32 AM EDT2014-07-24 12:32:26 GMT
    Caterpillar's second-quarter net income rose 4.1 percent even as revenue slipped.
    Caterpillar's second-quarter net income rose 4.1 percent even as revenue slipped.
  • Ukraine worries 'set to weigh' on eurozone economy

    Ukraine worries 'set to weigh' on eurozone economy

    Thursday, July 24 2014 7:51 AM EDT2014-07-24 11:51:47 GMT
    A closely watched survey suggests economic growth in the 18-country eurozone picked up during July despite ongoing concerns over France, the currency bloc's second-largest economy.
    The escalating tensions in Ukraine, which have led to a sharp deterioration in relations between the West and Russia, could weigh on a modestly improving economic recovery in the 18-country eurozone.
  • Breitburn buying QR Energy in $1.46 billion deal

    Breitburn buying QR Energy in $1.46 billion deal

    Thursday, July 24 2014 7:22 AM EDT2014-07-24 11:22:10 GMT
    Breitburn Energy is buying QR Energy LP in a deal worth about $1.46 billion.
    Breitburn Energy is buying QR Energy LP in a deal worth about $1.46 billion.
  • Judges in health care rulings vote party line

    Judges in health care rulings vote party line

    Thursday, July 24 2014 7:01 AM EDT2014-07-24 11:01:58 GMT
    Six federal judges on two appeals courts have weighed in on a key component of President Barack Obama's health care law. Their votes lined up precisely with the party of the president who appointed them.
    In rapid succession, six federal judges on two appeals courts weighed in on a key component of President Barack Obama's health care law. Their votes lined up precisely with the party of the president who appointed them.
  • FAA lifts ban on US flights to Tel Aviv airport

    FAA lifts ban on US flights to Tel Aviv airport

    Thursday, July 24 2014 6:06 AM EDT2014-07-24 10:06:43 GMT
    The Federal Aviation Administration has lifted its ban on U.S. flights in and out of Israel, which the agency had imposed out of concern for the risk of planes being hit by Hamas rockets.
    The Federal Aviation Administration has lifted its ban on U.S. flights in and out of Israel, which the agency had imposed out of concern for the risk of planes being hit by Hamas rockets.
  • European Central Bank hit by data theft

    European Central Bank hit by data theft

    Thursday, July 24 2014 5:54 AM EDT2014-07-24 09:54:19 GMT
    The European Central Bank says contact data have been stolen from a database that serves its public website, though it's stressing that no internal systems or market-sensitive data were compromised.
    The European Central Bank said Thursday that email addresses and other contact information have been stolen from a database that serves its public website, though it stressed that no internal systems or market-sensitive...
  • UN human development report faults inequality

    UN human development report faults inequality

    Thursday, July 24 2014 5:32 AM EDT2014-07-24 09:32:30 GMT
    Improvements in life spans, education and incomes are slowing due to natural disasters, misguided government policies and worsening inequality in a world where the 85 richest people have as much wealth as the 3.5...
    Improvements in life spans, education and incomes are slowing due to natural disasters, misguided government policies and worsening inequality in a world where the 85 richest people have as much wealth as the 3.5 billion...
  • Spain's Repsol sees profits jump on YPF bond gains

    Spain's Repsol sees profits jump on YPF bond gains

    Thursday, July 24 2014 5:31 AM EDT2014-07-24 09:31:56 GMT
    Spanish energy company Repsol says its second quarter net profit nearly doubled following capital gains it made from extricating itself from Argentina's YPF, which was nationalized in 2012.
    Spanish energy company Repsol says its second quarter net profit nearly doubled following capital gains it made from extricating itself from Argentina's YPF, which was nationalized in 2012.
  • South Korea unveils stimulus after ferry sinking

    South Korea unveils stimulus after ferry sinking

    Thursday, July 24 2014 4:24 AM EDT2014-07-24 08:24:30 GMT
    South Korea's economic growth has hit its lowest level in three quarters.
    South Korea's government announced a $40 billion stimulus plan Thursday after the shock of a deadly ferry sinking slowed economic growth to the lowest level in three quarters.
  • Spanish jobless falls as recovery gains traction

    Spanish jobless falls as recovery gains traction

    Thursday, July 24 2014 4:01 AM EDT2014-07-24 08:01:32 GMT
    Official figures show that Spain's unemployment rate edged down to 24.5 percent in the second quarter from 25.9 percent in the previous three-month period, a further sign that the economy's recovery is...
    Official figures show that Spain's unemployment rate edged down to 24.5 percent in the second quarter from 25.9 percent in the previous three-month period, a further sign that the economy's recovery is gaining...
  • HK firms on edge as democracy rally blockade looms

    HK firms on edge as democracy rally blockade looms

    Thursday, July 24 2014 3:17 AM EDT2014-07-24 07:17:57 GMT
    As activists vow to shut down Hong Kong's financial district in protest at China's attempt to hobble democratic elections in the city, businessman Bernard Chan is preparing for the worst.
    As activists vow to shut down Hong Kong's financial district in protest at China's attempt to hobble democratic elections in the city, businessman Bernard Chan is preparing for the worst.
  • Boss of company in China meat scandal apologizes

    Boss of company in China meat scandal apologizes

    Thursday, July 24 2014 2:02 AM EDT2014-07-24 06:02:08 GMT
    The chairman of an American meat supplier apologized Thursday for a Chinese subsidiary that is accused of selling expired beef and chicken to restaurants including McDonald's and KFC.
    The chairman of an American meat supplier apologized Thursday for a Chinese subsidiary that is accused of selling expired beef and chicken to restaurants including McDonald's and KFC.
  • JFK returns to old look in new collectors' coins

    JFK returns to old look in new collectors' coins

    Thursday, July 24 2014 1:44 AM EDT2014-07-24 05:44:36 GMT
    President John F. Kennedy is getting his old look back on new collectors' coins.
    President John F. Kennedy is getting his old look back on new collectors' coins.
  • European carriers suspend more Tel Aviv flights

    European carriers suspend more Tel Aviv flights

    Thursday, July 24 2014 12:53 AM EDT2014-07-24 04:53:28 GMT
    Germany's largest airline, Lufthansa, says it is cancelling all flights to Tel Aviv for at least another 24 hours because of ongoing safety concerns.
    Air France and Germany's two largest airlines on Wednesday canceled more flights to Tel Aviv because of safety concerns amid the fighting between Israel and Hamas.
  • Cruz suggests flight ban is boycott of Israel

    Cruz suggests flight ban is boycott of Israel

    Thursday, July 24 2014 12:44 AM EDT2014-07-24 04:44:25 GMT
    Republican Sen. Ted Cruz is questioning whether President Barack Obama used a federal agency to impose an economic boycott on Israel after the Federal Aviation Administration banned U.S. airline flights to Tel Aviv...
    Republican Sen. Ted Cruz on Wednesday questioned whether President Barack Obama used a federal agency to impose an economic boycott on Israel after the Federal Aviation Administration banned U.S. airline flights to Tel...
  • Japan trade deficit at record $75B in first half

    Japan trade deficit at record $75B in first half

    Wednesday, July 23 2014 10:41 PM EDT2014-07-24 02:41:17 GMT
    Japan's trade deficit more than tripled from the year before in June to a higher-than-expected 822.2 billion yen ($8.1 billion), as imports surged and exports edged lower.
    Japan's trade deficit surged to a record 7.6 trillion yen ($74.9 billion) in the first half of the year as exports failed to keep pace with surging imports, the Finance Ministry reported Thursday.
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