Tuesday, July 29 2014 3:56 AM EDT2014-07-29 07:56:03 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.Full Story
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.Full Story
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.Full Story
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.Full Story
Tuesday, July 29 2014 3:45 AM EDT2014-07-29 07:45:32 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.Full Story
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.Full Story
Tuesday, July 29 2014 3:36 AM EDT2014-07-29 07:36:57 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.Full Story
The Senate is set to take up legislation to keep federal highway money flowing to states, with just three days left before the government plans to start slowing down payments.Full Story
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...Full Story
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...Full Story
Tuesday, July 29 2014 3:20 AM EDT2014-07-29 07:20:52 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.Full Story
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.Full Story
Tuesday, July 29 2014 3:10 AM EDT2014-07-29 07:10:23 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.Full Story
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.Full Story
Tuesday, July 29 2014 2:41 AM EDT2014-07-29 06:41:03 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...Full Story
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 franchises...Full Story
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.Full Story
Asian stock markets posted modest gains Tuesday as investors treaded cautiously ahead of U.S. and Chinese economic reports later this week.Full Story
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.Full Story
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.Full Story
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.Full Story
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...Full Story
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...Full Story
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.Full 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.Full Story
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...Full Story
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.Full Story
Medicare's financial future is looking brighter despite a growing wave of baby boomers reaching retirement.Full Story
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.Full Story
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...Full Story
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.Full Story
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.Full Story
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.Full Story
Lloyds Banking Group is paying $369 million to U.S. and British authorities to settle allegations it manipulated a key global interest rate.Full Story
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...Full Story
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....Full Story
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.Full Story
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.Full Story
Monday, July 28 2014 12:16 PM EDT2014-07-28 16:16:10 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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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...Full Story
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...Full Story
Monday, July 28 2014 10:07 AM EDT2014-07-28 14:07:51 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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
Monday, July 28 2014 6:54 AM EDT2014-07-28 10:54:39 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.Full Story
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.Full Story
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.Full Story
A U.S. meat supplier said Monday a Chinese subsidiary embroiled in a safety scandal fell short of its requirements for maintaining high standards.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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...Full Story
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.Full Story
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.Full Story
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.Full Story
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...Full Story
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...Full Story
Sunday, July 27 2014 10:37 PM EDT2014-07-28 02:37:29 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.Full Story
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.Full Story
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.Full Story
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...Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
An Ohio amusement park ride that swings riders as high as 125 feet has been closed indefinitely after a cable snapped, injuring two visitors.Full Story
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...Full Story
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.Full Story
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...Full Story
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...Full Story
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...Full Story
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 -...Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
There is life after mobile phones for Nokia.Full Story
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...Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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...Full Story
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...Full Story
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.Full Story
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.Full Story
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...Full Story
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.Full Story
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.Full Story
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...Full Story
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...Full Story
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...Full Story
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.Full Story
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...Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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...Full Story
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...Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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...Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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...Full Story
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.Full Story
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.Full Story
An Air Algerie jetliner carrying 116 people crashed Thursday in a rainstorm over restive Mali, the third major international aviation disaster in a week.Full Story
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.Full Story
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.Full Story
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.Full Story
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...Full Story
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.Full Story
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.Full Story
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....Full Story
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...Full Story
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.Full Story
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.Full Story
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...Full Story
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...Full Story
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.Full Story
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.Full Story
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.Full Story
Union Pacific Corp. said Thursday that its quarterly profit climbed 17 percent as the railroad hauled 8 percent more freight and raised shipping rates.Full 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.Full Story
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...Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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...Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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...Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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...Full Story
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...Full Story
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...Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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...Full Story
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...Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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.Full Story
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...Full Story
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...Full Story
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.Full Story
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.Full Story
Wednesday, July 23 2014 9:05 PM EDT2014-07-24 01:05:13 GMT
Microsoft is reporting fourth-quarter earnings that came in below analyst expectations, as it took a hit from the Nokia devices business that it bought in April.Full Story
Microsoft Corp. CEO Satya Nadella painted an upbeat vision of the future Tuesday, saying that the next version of Windows will be unified across screens of all sizes and that two money-losing units - Nokia phones and Bing...Full Story
Wednesday, July 23 2014 7:41 PM EDT2014-07-23 23:41:43 GMT
It isn't a household name, but the company that's at the center of a food scandal in China helps make some of the world's most popular foods, including the Big Macs and Quarter Pounders served at...Full Story
It isn't a household name, but the company at the center of a food scandal in China helps make some of the world's most popular foods, including the Big Macs and Quarter Pounders served at McDonald's locations.Full Story
Wednesday, July 23 2014 7:29 PM EDT2014-07-23 23:29:29 GMT
The Senate Veterans Affairs Committee has endorsed former Procter & Gamble CEO Robert McDonald to be the new secretary of the Department of Veterans Affairs.Full Story
The chairman of the Senate Veterans' Affairs Committee said Wednesday there is still time for Congress to approve a landmark bill to improve health care services for veterans, despite deep disagreement over how much...Full Story
Wednesday, July 23 2014 6:11 PM EDT2014-07-23 22:11:12 GMT
The White House says the downing of two fighter jets in Ukraine is part of a pattern of Russian-backed separatists using Russian weapons to pose risks to aircraft.Full Story
The White House cast the downing of two fighter jets in Ukraine on Wednesday as part of a pattern of Russian-backed separatists using Russian weapons to pose risks to aircrafts and further destabilize the conflict in the...Full Story
Wednesday, July 23 2014 5:42 PM EDT2014-07-23 21:42:36 GMT
U.S. stock futures are edging up ahead of the opening bell as investors size up earnings reports from Apple, Boeing and other big companies.Full Story
The stock market eked out a record high Wednesday, as investors weighed positive earnings from the technology industry against disappointing news from Boeing and other companies.Full Story
Wednesday, July 23 2014 4:45 PM EDT2014-07-23 20:45:25 GMT
It's an almost weekly occurrence: On Tuesday, Goodwill said its computer systems may have been hacked, leading to the possible theft of customers' credit and debit card information. The nonprofit agency,...Full Story
It's an almost weekly occurrence: On Tuesday, Goodwill said its computer systems may have been hacked, leading to the possible theft of customers' credit and debit card information. The nonprofit agency, which...Full Story
Wednesday, July 23 2014 4:45 PM EDT2014-07-23 20:45:19 GMT
Target is introducing an app that lets users purchase items after scanning magazine ads with their smartphones. It's the latest offering from retailers looking to boost sales with the use of improving...Full Story
Target is introducing an app that lets users purchase items after scanning magazine ads with their smartphones. It's the latest offering from retailers looking to boost sales with the use of improving image-recognition...Full Story
Wednesday, July 23 2014 4:24 PM EDT2014-07-23 20:24:39 GMT
Federal regulators are proposing to phase out thousands of older rail tank cars that carry crude oil. It's the government's response to a series of fiery train crashes over the past year, including a...Full Story
Responding to a series of fiery train crashes, the government proposed rules Wednesday that would phase out tens of thousands of older tank cars that carry increasing quantities of crude oil and other highly flammable...Full Story
Wednesday, July 23 2014 4:21 PM EDT2014-07-23 20:21:44 GMT
A federal judge sentenced a former Wall Street trader to two years in prison on Wednesday for securities fraud, saying he took advantage of a government bailout program.Full Story
A federal judge sentenced a former Wall Street trader to two years in prison on Wednesday for securities fraud, saying he took advantage of a government bailout program.Full Story
Wednesday, July 23 2014 4:15 PM EDT2014-07-23 20:15:54 GMT
The rebound in U.S. home values over the past couple of years has placed many homeowners in a better position to sell their home for a profit.Full Story
The rebound in U.S. home values over the past couple of years has placed many homeowners in a better position to sell their home for a profit.Full Story
Wednesday, July 23 2014 4:02 PM EDT2014-07-23 20:02:55 GMT
The International Monetary Fund has shaved its forecast for U.S. economic growth this year, mostly because of a sharp contraction in the first quarter.Full Story
U.S. economic growth this year will likely be at the weakest pace since the Great Recession ended, the International Monetary Fund said, mostly because of a sharp, weather-related contraction in the first quarter.Full Story
Wednesday, July 23 2014 3:43 PM EDT2014-07-23 19:43:09 GMT
Regulators are expected to vote Wednesday to end a longtime staple of the investment industry - the fixed $1 share price for money-market mutual funds - at least for some money funds used by big investors.Full Story
Regulators have voted by a narrow margin to end a longtime staple of the investment industry - the fixed $1 share price for money-market mutual funds - at least for some money funds used by big investors.Full Story
Wednesday, July 23 2014 2:55 PM EDT2014-07-23 18:55:29 GMT
Comcast Corp.'s second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated.Full Story
Comcast's second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace and video subscriber losses moderated.Full Story
Wednesday, July 23 2014 2:47 PM EDT2014-07-23 18:47:00 GMT
The Senate is moving toward passage of an $11 billion measure to temporarily fix a multibillion-dollar shortfall in federal highway and transit programs.Full Story
The Senate agreed Wednesday on an $11 billion measure to temporarily fix a multibillion-dollar shortfall in federal highway and transit programs, setting up a vote next week on several alternatives.Full Story
Wednesday, July 23 2014 2:33 PM EDT2014-07-23 18:33:36 GMT
Donald Trump says his new hotel in the Old Post Office building in downtown Washington "will be one of the fine ... and maybe the finest" hotels in the world.Full Story
Donald Trump has big plans for the Old Post Office building, a historic structure in downtown Washington that he's pledging to transform into the city's most luxurious hotel. As for the White House, four blocks...Full Story
Wednesday, July 23 2014 1:32 PM EDT2014-07-23 17:32:52 GMT
Delta Air Lines Inc. (DAL) on Wednesday reported earnings that climbed by 17 percent in its second quarter, and topped analysts' expectations.Full Story
Delta Air Lines Inc. said Wednesday that second-quarter earnings rose 17 percent, topping analysts' expectations, as passengers flew more miles at higher average fares and fuel spending declined.Full Story
Wednesday, July 23 2014 1:22 PM EDT2014-07-23 17:22:17 GMT
Former Sen. Bob Dole and proponents of a treaty promoting equal rights for the disabled around the world stepped up pressure for full Senate ratification.Full Story
At 91, Bob Dole won't take no for an answer.Full Story
Wednesday, July 23 2014 1:12 PM EDT2014-07-23 17:12:53 GMT
The Senate has advanced an election-year bill limiting tax breaks for U.S. companies that move operations overseas. But big hurdles remain.Full Story
The Senate voted Wednesday to advance an election-year bill limiting tax breaks for U.S. companies that move operations overseas. But big hurdles remain.Full Story
Wednesday, July 23 2014 12:11 PM EDT2014-07-23 16:11:25 GMT
McDonald's and KFC in China faced a new food safety scare Monday after a Shanghai television station reported a supplier sold them expired beef and chicken.Full Story
Five employees of a company accused of selling expired beef and chicken to McDonald's, KFC and other restaurants in China were detained by police Wednesday after an official said illegal activity was an organized...Full Story
Wednesday, July 23 2014 11:53 AM EDT2014-07-23 15:53:41 GMT
Asian stock markets were mostly higher Monday as anxiety over the downing of a Malaysian jetliner over Ukraine eased and investors shifted their focus to U.S. corporate earnings.Full Story
Markets were steady Wednesday as the focus turned toward U.S. corporate earnings and as tensions between Russia and the West over the downing of a Malaysian jetliner in Ukraine eased.Full Story
Wednesday, July 23 2014 11:33 AM EDT2014-07-23 15:33:44 GMT
PepsiCo Inc. (PEP) on Wednesday reported earnings that decreased by 2 percent in its second quarter, but beat analysts' expectations.Full Story
PepsiCo raised its forecast for the year on Wednesday and said its new Lay's potato chips - including a cappuccino variety - should help boost its profit in the months ahead.Full Story
Wednesday, July 23 2014 10:41 AM EDT2014-07-23 14:41:57 GMT
British lawmakers say the country is still exporting arms and military equipment to Russia, despite the government's call for tough sanctions over Moscow's arming of separatist rebels in Ukraine.Full Story
Britain is still authorizing the export of arms and military equipment to Russia despite the government's call for tough sanctions over Moscow's arming of separatist rebels in Ukraine, a group of lawmakers said in...Full Story
