Wednesday, July 23 2014 2:15 PM EDT2014-07-23 18:15:16 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 is moving toward passage of an $11 billion measure to temporarily fix a multibillion-dollar shortfall in federal highway and transit programs.Full Story
Wednesday, July 23 2014 1:41 PM EDT2014-07-23 17:41:30 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
U.S. stock indexes were mostly higher in early-afternoon trading Wednesday as investors weighed positive earnings from the technology industry against disappointing news from Boeing and other companies. Biotechnology...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 1:32 PM EDT2014-07-23 17:32:46 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 1:23 PM EDT2014-07-23 17:23:02 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
Cyber thieves got into more than 1,000 StubHub customers' accounts and fraudulently bought tickets for events through the online ticket reseller, a law enforcement official and the company said.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 1:18 PM EDT2014-07-23 17:18:59 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 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
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 12:52 PM EDT2014-07-23 16:52:02 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
Wednesday, July 23 2014 12:41 PM EDT2014-07-23 16:41:03 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 12:21 PM EDT2014-07-23 16:21:20 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 Senate Veterans Affairs Committee on Wednesday endorsed former Procter & Gamble CEO Robert McDonald to be the new secretary of Veterans Affairs.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 12:08 PM EDT2014-07-23 16:08:51 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
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 11:38 AM EDT2014-07-23 15:38:44 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
Thousands of older rail tank cars that carry crude oil would be phased out within two years under regulations proposed Wednesday in response to a series of fiery train crashes over the past year, including a runaway oil...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
Wednesday, July 23 2014 9:51 AM EDT2014-07-23 13:51:35 GMT
By The Associated Press Boeing Co. (BA) on Wednesday reported profit that increased by 52 percent in its second quarter, and topped analysts' expectations.Full Story
By The Associated Press Increased production of passenger jets helped push up Boeing's profit by 52 percent in the second quarter, topping Wall Street's expectations.Full Story
Wednesday, July 23 2014 9:41 AM EDT2014-07-23 13:41:04 GMT
The government of Puerto Rico is now facing a second lawsuit in response to a new law that would allow certain public corporations in the U.S. territory to restructure their debt if needed.Full Story
The government of Puerto Rico is now facing a second lawsuit in response to a new law that would allow certain public corporations in the U.S. territory to restructure their debt if needed.Full Story
Wednesday, July 23 2014 9:34 AM EDT2014-07-23 13:34:23 GMT
The European Union's executive is proposing legislation to curb the energy use of households and firms by almost one third by 2030 to reduce greenhouse gas emissions and lower its dependence on gas imports,...Full Story
The European Union's executive is proposing legislation to curb the energy use of households and firms by almost one third by 2030 to reduce greenhouse gas emissions and lower its dependence on gas imports,...Full Story
Wednesday, July 23 2014 9:34 AM EDT2014-07-23 13:34:17 GMT
Drug maker GlaxoSmithKline has cut its full-year earnings expectations as it says its second-quarter profits were hit by currency moves and a fall in sales of its respiratory drugs.Full Story
Drug maker GlaxoSmithKline has cut its full-year earnings expectations as it says its second-quarter profits were hit by currency moves and a fall in sales of its respiratory drugs.Full Story
Wednesday, July 23 2014 7:52 AM EDT2014-07-23 11:52:21 GMT
By The Associated Press The price of oil retreated to near $102 per barrel on Wednesday amid a new push for a cease-fire between Israel and Palestine and after Europe imposed additional sanctions...Full Story
By PABLO GORONDI Associated Press The price of oil inched further above $102 a barrel Wednesday amid a new push for a cease-fire between Israel and Palestine and after Europe imposed additional sanctions...Full Story
Wednesday, July 23 2014 7:31 AM EDT2014-07-23 11:31:41 GMT
Women who own small business are still far behind their male counterparts when it comes to getting loans and government contracts, a congressional report said Wednesday.Full Story
Women who own small business are still far behind their male counterparts when it comes to getting loans and government contracts, a congressional report said Wednesday.Full Story
Wednesday, July 23 2014 7:21 AM EDT2014-07-23 11:21:15 GMT
Bank of England policymakers are signaling that interest rates are likely to go up only gradually - though debate on the matter seems to be getting hotter.Full Story
Bank of England policymakers are signaling that interest rates are likely to go up only gradually - though debate on the matter seems to be getting hotter.Full Story
Wednesday, July 23 2014 5:21 AM EDT2014-07-23 09:21:11 GMT
By The Associated Press Delta Air Lines is canceling all flights to Israel until further notice, citing reports that a rocket landed near Tel Aviv's Ben Gurion Airport.Full Story
By The Associated Press When U.S. and European airlines quickly canceled flights to Israel on Tuesday, they showed both a skittishness and a new sense of urgency in dealing with global trouble spots...Full Story
Wednesday, July 23 2014 5:11 AM EDT2014-07-23 09:11:05 GMT
The Bank of Spain says the country's economy continues to show signs of recovery, growing by 0.5 percent in the second quarter compared with the previous three months.Full Story
The Bank of Spain says the country's economy continues to show signs of recovery, growing by 0.5 percent in the second quarter compared with the previous three months.Full Story
Wednesday, July 23 2014 4:42 AM EDT2014-07-23 08:42:27 GMT
In Libya, militias armed with shoulder-launched missiles are battling for control of the country's main airport. In Africa, the entire Sahel region is awash with weapons that include portable air defense...Full Story
In Libya, militias armed with shoulder-launched missiles are battling for control of the country's main airport. In Africa, the entire Sahel region is awash with weapons that include portable air defense systems...Full Story
Wednesday, July 23 2014 3:34 AM EDT2014-07-23 07:34:43 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
Wednesday, July 23 2014 3:05 AM EDT2014-07-23 07:05:07 GMT
Automaker Daimler AG is reporting a 6 percent increase in second-quarter revenue and confirming its full-year targets, though net profit declined sharply after being boosted last year by the sale of a stake in...Full Story
Automaker Daimler AG reported a 6 percent increase in second-quarter revenue and confirmed its full-year targets on Wednesday as new models and cost-cutting efforts helped its performance, though net profit declined...Full Story
Wednesday, July 23 2014 12:03 AM EDT2014-07-23 04:03:50 GMT
Richard Parsons, the interim CEO of the Los Angeles Clippers, is due to step into the battle of billionaires going on in probate court over the proposed sale of the Los Angeles Clippers.Full Story
The interim CEO of the Los Angeles Clippers testified Tuesday that coach Doc Rivers told him he will quit if Donald Sterling remains the owner of the team.Full Story
Tuesday, July 22 2014 11:24 PM EDT2014-07-23 03:24:04 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
Cyber thieves got into more than 1,000 StubHub customers' accounts and fraudulently bought tickets for events through the online ticket reseller, a law enforcement official and the company said Tuesday.Full Story
Tuesday, July 22 2014 9:51 PM EDT2014-07-23 01:51:32 GMT
Senate Democrats prepared Tuesday to whack $1 billion from President Barack Obama's emergency spending request for the border, while leaving out policy changes Republicans have demanded as their price for...Full Story
Senate Democrats prepared Tuesday to whack $1 billion from President Barack Obama's emergency spending request for the border, while leaving out policy changes Republicans have demanded as their price for agreeing to...Full Story
Tuesday, July 22 2014 8:33 PM EDT2014-07-23 00:33:27 GMT
A federal appeals court has delivered a serious setback to President Barack Obama's health care law, potentially derailing subsidies for many low- and middle-income people who have bought policies.Full Story
President Barack Obama's health care law is snarled in another big legal battle, with two federal appeals courts issuing contradictory rulings on a key financing issue within hours of each other Tuesday.Full Story
Tuesday, July 22 2014 7:51 PM EDT2014-07-22 23:51:18 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
Tuesday, July 22 2014 7:51 PM EDT2014-07-22 23:51:12 GMT
Netflix's second-quarter earnings more than doubled as new episodes from one of its hit series helped the Internet video service surpass 50 million worldwide subscribers for the first time.Full Story
Netflix's second-quarter earnings more than doubled as new episodes from a hit series helped the Internet video service surpass 50 million worldwide subscribers for the first time.Full Story
Tuesday, July 22 2014 7:42 PM EDT2014-07-22 23:42:54 GMT
Israel bombed five mosques, a sports stadium and the home of the late Hamas military chief across the Gaza Strip early Tuesday, a Gaza police official said, as the U.N. chief and the U.S. secretary of state...Full Story
A Hamas rocket exploded Tuesday near Israel's main airport, prompting a ban on flights from the U.S. and many from Europe and Canada as aviation authorities responded to the shock of seeing a civilian jetliner shot...Full Story
Tuesday, July 22 2014 7:04 PM EDT2014-07-22 23:04:49 GMT
Activist investor Bill Ackman fired his latest salvo at the weight loss and nutritional supplements company Herbalife on Tuesday, alleging that one of the business models used by its distributors is evidence that...Full Story
Activist investor Bill Ackman once again denounced weight loss and nutritional supplements company Herbalife as a pyramid scheme, but Wall Street shrugged off his criticism and sent the company's stock soaring 25...Full Story
Tuesday, July 22 2014 7:02 PM EDT2014-07-22 23:02:10 GMT
The August retrial of a former BP engineer accused of obstructing justice in an investigation of the 2010 Gulf of Mexico oil spill has been postponed while an appeals court decides whether a judge was right to...Full Story
The August retrial of a former BP engineer accused of obstructing justice in an investigation of the 2010 Gulf of Mexico oil spill has been postponed while an appeals court decides whether a judge was right to throw out...Full Story
Tuesday, July 22 2014 6:51 PM EDT2014-07-22 22:51:43 GMT
Congressional investigators using fake identities were able to obtain taxpayer-subsidized health insurance under President Barack Obama's law, according to testimony to be delivered Wednesday.Full Story
Congressional investigators using fake identities were able to obtain taxpayer-subsidized health insurance under President Barack Obama's law, according to testimony to be delivered Wednesday.Full Story
Tuesday, July 22 2014 6:23 PM EDT2014-07-22 22:23:28 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
Tuesday, July 22 2014 6:06 PM EDT2014-07-22 22:06:18 GMT
A train bearing the bodies of the people who died in the Malaysia Airlines crash arrived in the eastern Ukrainian city of Kharkiv on Wednesday on their way to the Netherlands.Full Story
A train bearing the dead from the downed Malaysian airliner finally reached Ukrainian government-held territory Tuesday, but the pro-Russian separatists in control of the crash site showed little willingness to allow the...Full Story
Tuesday, July 22 2014 5:06 PM EDT2014-07-22 21:06:16 GMT
A gridlocked Congress failed to do the big things: overhauling the nation's immigration system, reforming the loophole-cluttered tax code and stiffening background checks on gun buyers. Now it's time to see...Full Story
Pressure is on Congress to act in the next two weeks on several problems, from keeping highway projects on track and easing wait time for veterans seeking health care to the humanitarian crisis at the U.S.-Mexico border.Full Story
Tuesday, July 22 2014 4:52 PM EDT2014-07-22 20:52:42 GMT
A federal judge in New York has ordered around-the-clock negotiations aimed at averting a second debt default by Argentina in 13 years.Full Story
A federal judge Tuesday ordered around-the-clock negotiations aimed at averting a second debt default by Argentina in 13 years, saying a default would hurt "real people."Full Story
Tuesday, July 22 2014 4:30 PM EDT2014-07-22 20:30:21 GMT
U.S. stock futures pointed higher early Tuesday as more corporate earnings rolled in. Shares in the restaurant chain Chipotle and the cable company Comcast surged after they reported results that were better than...Full Story
Solid earnings for a range of big companies helped nudge the stock market higher on Tuesday.Full Story
Tuesday, July 22 2014 4:12 PM EDT2014-07-22 20:12:30 GMT
A year after filing for bankruptcy, Detroit is building momentum to get out, especially after workers and retirees voted in favor of major pension changes just a few weeks before a judge holds a crucial trial that...Full Story
Companies that insure Detroit bonds and stand to lose millions repeated a pledge Tuesday to aggressively challenge the city's bankruptcy plan, a day after retirees endorsed pension cuts and qualified for a bailout led...Full Story
Tuesday, July 22 2014 4:05 PM EDT2014-07-22 20:05:28 GMT
French President Francois Hollande is defending plans to deliver a warship to Russia, despite calls for a European arms embargo against Moscow over the fighting in Ukraine.Full Story
France says it will go ahead with the sale of a warship to Russia despite calls for an arms embargo against the country, highlighting how Europe's strong business ties are hindering its ability to punish Moscow over...Full Story
Tuesday, July 22 2014 3:55 PM EDT2014-07-22 19:55:51 GMT
Ibrahim Zain was driven from his home by Israeli tank fire this week, but says he'd rather endure more Israel-Hamas fighting than accept an unconditional cease-fire he fears will leave in place the blockade of...Full Story
Ibrahim Zain was driven from his home by Israeli tank fire this week, but says he'd rather endure more Israel-Hamas fighting than accept an unconditional cease-fire he fears will leave in place the blockade of the Gaza...Full Story
Tuesday, July 22 2014 3:54 PM EDT2014-07-22 19:54:17 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
Tuesday, July 22 2014 3:32 PM EDT2014-07-22 19:32:39 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
Tuesday, July 22 2014 3:20 PM EDT2014-07-22 19:20:46 GMT
Germany and France's largest airlines Lufthansa and Air France say they're suspending all flights to Tel Aviv over safety concerns amid the increasing violence.Full Story
The European Aviation Safety Agency says it "strongly recommends" that airlines refrain from operating flights to and from Tel Aviv.Full Story
Tuesday, July 22 2014 2:40 PM EDT2014-07-22 18:40:36 GMT
A six-month review of federal job-training programs concludes that the government needs to better engage U.S. employers, improve the use of data, and boost apprenticeship programs so workers can earn while they train.Full Story
As the U.S. economy adds new jobs, Americans must have the skills to fill those jobs, President Barack Obama said Tuesday.Full Story
Tuesday, July 22 2014 2:10 PM EDT2014-07-22 18:10:57 GMT
Coca-Cola Co. reported quarterly sales that fell short of Wall Street estimates on Tuesday as demand remained weak for Diet Coke in North America.Full Story
Coca-Cola Co. reported sales that fell short of Wall Street estimates on Tuesday as demand weakened for Diet Coke in North America.Full Story
Tuesday, July 22 2014 1:53 PM EDT2014-07-22 17:53:17 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
Tuesday, July 22 2014 1:20 PM EDT2014-07-22 17:20:13 GMT
Saudi Arabia's Cabinet has approved opening the country's stock market to foreign investors next year.Full Story
The Saudi government has approved a measure that will open the region's largest stock market to direct foreign investment next year, news that sent the exchange surging Tuesday to its highest level in nearly seven years.Full Story
Tuesday, July 22 2014 1:14 PM EDT2014-07-22 17:14:36 GMT
A federal appeals court in Virginia has upheld tax subsidies for low- and middle-income people who buy insurance under the Obama administration's health care reform law.Full Story
A federal appeals court in Virginia has upheld tax subsidies for low- and middle-income people who buy insurance under the Obama administration's health care reform law.Full Story
Tuesday, July 22 2014 12:20 PM EDT2014-07-22 16:20:52 GMT
Verizon Wireless is launching a nationwide loyalty program this week for its 100-million-plus subscribers. There's a twist, though: To earn points for every dollar spent, subscribers must consent to have their...Full Story
Verizon Wireless is launching a nationwide loyalty program this week for its 100-million-plus subscribers. There's a twist, though: To earn points for every dollar spent, subscribers must consent to have their...Full Story
Tuesday, July 22 2014 12:11 PM EDT2014-07-22 16:11:25 GMT
Sales of previously owned homes rose for a third straight month in June, pushing activity to the highest level in eight months and providing evidence that housing is regaining lost momentum.Full Story
Sales of previously owned homes rose for a third straight month in June, pushing activity to the highest level in eight months and providing evidence that housing is regaining lost momentum.Full Story
Tuesday, July 22 2014 12:11 PM EDT2014-07-22 16:11:16 GMT
Credit Suisse AG has posted a second-quarter net loss of 700 million Swiss francs ($779 million) after paying the largest penalty ever imposed in a U.S. criminal tax case.Full Story
Credit Suisse, Switzerland's second-biggest bank, posted a second-quarter net loss of 700 million Swiss francs ($779 million) Tuesday after paying the largest penalty ever imposed in a U.S. criminal tax case.Full Story
Tuesday, July 22 2014 12:05 PM EDT2014-07-22 16:05:08 GMT
The euro has fallen to its lowest level against the dollar this year amid heightened tensions surrounding developments in Ukraine following the downing of Malaysia Airlines Flight 17.Full Story
The euro fell Tuesday to its lowest level against the dollar this year amid concerns that the downing of Malaysia Airlines Flight 17 will prompt a bigger freeze in relations between the European Union and Russia.Full Story
Tuesday, July 22 2014 11:04 AM EDT2014-07-22 15:04:47 GMT
U.S. consumer prices rose in June at a slightly slower pace than in May with two-thirds of the June advance driven by the largest jump in gasoline prices in a year.Full Story
U.S. consumer prices rose in June at a slightly slower pace than in May with two-thirds of the June advance driven by the largest jump in gasoline prices in a year.Full Story
Tuesday, July 22 2014 10:04 AM EDT2014-07-22 14:04:07 GMT
Altria Group (MO) on Tuesday reported net income that stayed flat in its second quarter. The results matched analysts' expectations.Full Story
Marlboro maker Altria Group posted flat second-quarter earnings Tuesday as higher prices helped to offset decline in the number of cigarettes it sold.Full Story
Tuesday, July 22 2014 9:03 AM EDT2014-07-22 13:03:15 GMT
By The Associated Press The price of oil rose above $103 a barrel Tuesday on persisting jitters over the situation in Gaza and the standoff over the shooting down of a Malaysian airliner in Ukraine.Full Story
By PABLO GORONDI Associated Press The price of oil rose above $103 a barrel Tuesday on persisting jitters over the situation in Gaza, the standoff over the shooting down of a Malaysian airliner in Ukraine...Full Story
Tuesday, July 22 2014 7:30 AM EDT2014-07-22 11:30:48 GMT
DuPont Co. (DD) on Tuesday reported net income that climbed by 3.9 percent in its second quarter. The results matched analysts' expectations.Full Story
DuPont Co. (DD) on Tuesday reported net income that climbed by 3.9 percent in its second quarter, matching analyst expectations.Full Story
Tuesday, July 22 2014 7:21 AM EDT2014-07-22 11:21:54 GMT
Verizon is boosting the upload speeds of nearly all its FiOS connections to match the download speeds, vastly shortening the time it takes for subscribers to send videos and back up their files online.Full Story
Verizon is boosting the upload speeds of nearly all its FiOS connections to match the download speeds, vastly shortening the time it takes for subscribers to send videos and back up their files online.Full Story
Tuesday, July 22 2014 7:21 AM EDT2014-07-22 11:21:51 GMT
Amazon is rolling out a new subscription service for Kindle devices that will allow users unlimited access to thousands of books and audiobooks for $9.99 a month.Full Story
Amazon is rolling out a new subscription service that will allow unlimited access to thousands of electronic books and audiobooks for $9.99 a month in the online giant's latest effort to attract more users.Full Story
Tuesday, July 22 2014 2:21 AM EDT2014-07-22 06:21:39 GMT
Workers and retirees approved pension cuts in Detroit's bankruptcy by a landslide, the city reported Monday, a crucial step to emerging from the largest municipal insolvency in U.S. history.Full Story
Workers and retirees approved pension cuts in Detroit's bankruptcy by a landslide, the city reported Monday, a crucial step to emerging from the largest municipal insolvency in U.S. history.Full Story
Monday, July 21 2014 10:41 PM EDT2014-07-22 02:41:18 GMT
Pro-Moscow rebels piled nearly 200 bodies from the downed Malaysian jetliner into four refrigerated boxcars Sunday in eastern Ukraine, and cranes at the crash scene moved big chunks of the Boeing 777, drawing...Full Story
Bowing to international pressure, pro-Moscow separatists released a train packed with bodies and handed over the black boxes from the downed Malaysia Airlines plane, four days after it plunged into rebel-held eastern Ukraine.Full Story
Monday, July 21 2014 9:12 PM EDT2014-07-22 01:12:32 GMT
A federal judge on Monday dismissed a U.S. senator's lawsuit challenging a requirement that congressional members and their staffs to obtain government-subsidized health insurance through small business...Full Story
A federal judge on Monday dismissed a U.S. senator's lawsuit challenging a requirement that congressional members and their staffs to obtain government-subsidized health insurance through small business exchanges,...Full Story
Monday, July 21 2014 8:42 PM EDT2014-07-22 00:42:05 GMT
A JetBlue pilot from Florida is among six people arrested by Boston police over the weekend in an investigation of drug dealing incidents near the Boston Common.Full Story
A JetBlue pilot from Florida is among six people arrested by Boston police over the weekend in an investigation of drug dealing incidents near the Boston Common.Full Story
Monday, July 21 2014 5:41 PM EDT2014-07-21 21:41:58 GMT
Raising beef for the American dinner table does far more damage to the environment than producing pork, poultry, eggs or dairy, a new study says.Full Story
Raising beef for the American dinner table does far more damage to the environment than producing pork, poultry, eggs or dairy, a new study says.Full Story
Monday, July 21 2014 5:13 PM EDT2014-07-21 21:13:38 GMT
US stock futures are drifting lower ahead of the opening bell as more companies line up to post quarterly results. Halliburton edged up after reporting higher earnings and sales in the second quarter.Full Story
The stock market started the week with a slight loss on Monday as investors weighed a mixed batch of corporate earnings against mounting political turmoil.Full Story
Monday, July 21 2014 4:20 PM EDT2014-07-21 20:20:58 GMT
Stocks are closing lower as U.S. companies turn in mixed quarterly results and as investors worry about tensions with Russia over the downed airliner in Ukraine.Full Story
Stocks are closing lower as U.S. companies turn in mixed quarterly results and as investors worry about tensions with Russia over the downed airliner in Ukraine.Full Story
Monday, July 21 2014 3:21 PM EDT2014-07-21 19:21:33 GMT
Hot Wheels and the dark side of The Force are carpooling to Comic-Con this week.Full Story
When it comes to designing coveted collectible toys for sale at Comic-Con, the annual celebration of pop culture lifting off Thursday in San Diego, the sky's the limit for the designers at Mattel. Fittingly, the...Full Story
Monday, July 21 2014 2:02 PM EDT2014-07-21 18:02:23 GMT
Karl Albrecht, co-founder of the Aldi grocery store empire and one of the world's richest people, has died in the western German city of Essen. He was 94.Full Story
Karl Albrecht, co-founder of the Aldi grocery store empire and one of the world's richest people, has died in the western German city of Essen. He was 94.Full Story
Monday, July 21 2014 1:51 PM EDT2014-07-21 17:51:52 GMT
Botox-maker Allergan says it is cutting about 13 percent of its workforce, or roughly 1,500 employees, as part of a push to become more efficient and productive.Full Story
By TOM MURPHY AP Business Writer Botox maker Allergan will cut about 13 percent of its workforce as part of a push to become more efficient while it fights a hostile takeover bid from Valeant...Full Story
Monday, July 21 2014 12:03 PM EDT2014-07-21 16:03:14 GMT
Stocks are moving lower as U.S. companies turn in mixed quarterly results and as investors worry about tensions with Russia over the downed airliner in Ukraine.Full Story
Stocks are moving lower as U.S. companies turn in mixed quarterly results and as investors worry about tensions with Russia over the downed airliner in Ukraine.Full Story
Monday, July 21 2014 10:20 AM EDT2014-07-21 14:20:33 GMT
By The Associated Press The price of oil continued to climb on Friday, reaching nearly $104 a barrel on concerns that the tensions over Ukraine and new sanctions against Russia could disrupt...Full Story
By PABLO GORONDI Associated Press Oil prices rebounded slightly on Monday as traders gauged the possibility of more sanctions against Russia and more violence in Libya.Full Story
Monday, July 21 2014 10:10 AM EDT2014-07-21 14:10:25 GMT
Stocks are opening lower as more U.S. companies turn in their quarterly results and as investors worry about tensions with Russia over the downed airliner in Ukraine.Full Story
Stocks are opening lower as more U.S. companies turn in their quarterly results and as investors worry about tensions with Russia over the downed airliner in Ukraine.Full Story
Monday, July 21 2014 7:19 AM EDT2014-07-21 11:19:52 GMT
Rising sales helped boost hiring and wages at U.S. businesses in the second quarter, and companies are optimistic that the trends will continue this fall, according to a new survey by the National Association for...Full Story
Rising sales helped boost hiring and wages at U.S. businesses in the second quarter, and companies are optimistic that the trends will continue this fall, according to a new survey by the National Association for Business...Full Story
Monday, July 21 2014 6:49 AM EDT2014-07-21 10:49:57 GMT
Russian steel company Severstal is exiting the U.S. market, selling a pair of steel plants to AK Steel and Steel Dynamics for about $2.33 billion.Full Story
Russian steel company Severstal is exiting the U.S. market, selling a pair of steel plants to AK Steel and Steel Dynamics for about $2.33 billion.Full Story
Monday, July 21 2014 5:20 AM EDT2014-07-21 09:20:04 GMT
Tesco says Chief Executive Officer Philip Clarke will be stepping down after the latest earnings figures showed Britain's largest retailer by revenue struggled at home.Full Story
Tesco says Chief Executive Officer Philip Clarke will be stepping down after the latest earnings figures showed Britain's largest retailer by revenue struggled at home.Full Story
Monday, July 21 2014 4:00 AM EDT2014-07-21 08:00:57 GMT
A Florida jury has slammed a tobacco company with $23.6 billion in punitive damages in a lawsuit filed by the widow of a longtime smoker who died of lung cancer in 1996.Full Story
The nation's No. 2 cigarette maker is vowing to fight a jury verdict of $23.6 billion in punitive damages in a lawsuit filed by the widow of a longtime smoker who died of lung cancer.Full Story
Monday, July 21 2014 1:52 AM EDT2014-07-21 05:52:39 GMT
Vic Atiyeh, Oregon's last Republican governor who shepherded the state through a deep recession during two terms in the 1980s, died Sunday night, a family spokesman said.Full Story
Vic Atiyeh, Oregon's last Republican governor who shepherded the state through a deep recession during two terms in the 1980s, died Sunday night, a family spokesman said.Full Story
Monday, July 21 2014 1:39 AM EDT2014-07-21 05:39:50 GMT
Rocket science long dismissed as too impractical and expensive for everyday cars is getting a push into the mainstream by Toyota, the world's top-selling automaker.Full Story
Rocket science long dismissed as too impractical and expensive for everyday cars is getting a push into the mainstream by Toyota, the world's top-selling automaker.Full Story
Monday, July 21 2014 1:21 AM EDT2014-07-21 05:21:10 GMT
Facebook is testing a "Buy" button in its latest effort to help businesses drive sales through the world's biggest online social network.Full Story
Facebook is testing a "Buy" button in its latest effort to help businesses boost their sales through the world's biggest online social network.Full Story
Monday, July 21 2014 1:20 AM EDT2014-07-21 05:20:56 GMT
Google's second-quarter earnings rose 6 percent as World Cup fever drove more traffic to the Internet company's search engine and YouTube video site while Android devices spurred more sales of movies,...Full Story
Google's earnings rose modestly in the second quarter as the Internet company's expensive ambitions devoured most of a surprisingly strong gain in revenue.Full Story
Monday, July 21 2014 1:20 AM EDT2014-07-21 05:20:35 GMT
Microsoft says it will eliminate up to 18,000 jobs over the next year as it works on integrating the Nokia devices business it bought in April.Full Story
Microsoft announced the biggest layoffs in its 39-year history Thursday, outlining plans to cut 18,000 jobs in a move that marked the CEO's sharpest pivot yet away from his predecessor's drive for the company to...Full Story
Sunday, July 20 2014 11:50 PM EDT2014-07-21 03:50:21 GMT
By The Associated Press Malaysia Airlines is in uncharted territory after the disappearance of Flight 370 in March with 239 people aboard was followed this week by the downing of another of its...Full Story
By The Associated Press Malaysia Airlines is in uncharted territory after the disappearance of Flight 370 in March with 239 people aboard was followed this week by the downing of another of its jets,...Full Story
Sunday, July 20 2014 11:49 PM EDT2014-07-21 03:49:42 GMT
The jetliner is much more than a machine used to get from one spot to another. It often carries deep symbolism, especially when flying for a national airline.Full Story
The jetliner is much more than a machine used to get from one spot to another. It often carries deep symbolism, especially when flying for a national airline.Full Story
Sunday, July 20 2014 7:50 PM EDT2014-07-20 23:50:11 GMT
A top Ukrainian official says the government and the pro-Russia separatists it is fighting have reached a preliminary agreement to remove the bodies from the site of the Malaysian plane crash.Full Story
Pro-Moscow rebels piled nearly 200 bodies from the downed Malaysian jetliner into four refrigerated boxcars Sunday in eastern Ukraine, and cranes at the crash scene moved big chunks of the Boeing 777, drawing condemnation...Full Story
Sunday, July 20 2014 7:10 PM EDT2014-07-20 23:10:14 GMT
By DAVID KOENIG and SCOTT MAYEROWITZ AP Airlines Writers The possibility that the civilian jetliner downed over war-torn eastern Ukraine with nearly 300 people onboard was hit by a missile could...Full Story
By DAVID KOENIG and SCOTT MAYEROWITZ AP Airlines Writers The shooting down of a Malaysian Airlines plane with nearly 300 people on board over war-torn eastern Ukraine is likely to have profound...Full Story
Sunday, July 20 2014 4:39 PM EDT2014-07-20 20:39:34 GMT
Worshippers at church services across the Netherlands are praying for the victims of the Ukraine air disaster and their next of kin, as anger builds over the separatist rebels' hindering of the investigation...Full Story
A distraught, grieving mother summed up a swelling mood of despair and anguish in the Netherlands on Sunday at faltering efforts to repatriate the bodies of loved ones killed in the downing of Malaysia Airlines Flight 17,...Full Story
Sunday, July 20 2014 3:49 PM EDT2014-07-20 19:49:53 GMT
"Dawn of the Planet of the Apes" outmuscled a trio of new films, as the science fiction sequel topped the box office for the second-straight week with an estimated $36 million.Full Story
The summer box office continued to lack mojo, as the R-rated "Sex Tape" failed to turn on moviegoers over a weekend where "Dawn of the Planet of the Apes" maintained its rule.Full Story
Sunday, July 20 2014 3:00 PM EDT2014-07-20 19:00:39 GMT
Three massive fires since the beginning of June have highlighted the threat lightning poses in the North Dakota oil patch, and in each case it was tanks that store the toxic saltwater associated with drilling - not...Full Story
Three massive fires since the beginning of June have highlighted the threat lightning poses in the North Dakota oil patch, and in each case it was tanks that store the toxic saltwater associated with drilling - not the oil...Full Story
Sunday, July 20 2014 1:58 PM EDT2014-07-20 17:58:00 GMT
Federal authorities have charged FedEx Corp. with assisting illegal pharmacies by knowingly delivering dangerous drugs to customers without prescriptions.Full Story
Federal authorities on Thursday charged FedEx with assisting illegal pharmacies by knowingly delivering painkillers and dangerous drugs to customers without prescriptions.Full Story
Sunday, July 20 2014 1:57 PM EDT2014-07-20 17:57:59 GMT
The Oregon attorney general has sued the makers and marketers of 5-Hour Energy, alleging they engaged in deceptive advertising.Full Story
Two attorneys general from the Northwest have sued the companies responsible for the popular 5-Hour Energy drink, alleging they engaged in deceptive advertising.Full Story
Sunday, July 20 2014 1:57 PM EDT2014-07-20 17:57:51 GMT
By MARILYNN MARCHIONE AP Chief Medical Writer New details from two studies reveal more side effects from niacin, a drug that many Americans take for cholesterol problems and general heart health....Full Story
By MARILYNN MARCHIONE AP Chief Medical Writer New details from two studies reveal more side effects from niacin, a drug that hundreds of thousands of Americans take for cholesterol problems and general...Full Story
Sunday, July 20 2014 7:12 AM EDT2014-07-20 11:12:51 GMT
Poland's foreign minister had sharp words on the downing of the Malaysia Airlines jumbo jet in Ukraine - blaming the crash on Russia-backed "bandits." But throughout most of central and eastern Europe, leaders...Full Story
Poland's foreign minister had sharp words on the downing of the Malaysia Airlines jumbo jet in Ukraine - blaming the crash on Russia-backed "bandits." But throughout most of central and eastern Europe, leaders withheld...Full Story
Sunday, July 20 2014 6:29 AM EDT2014-07-20 10:29:47 GMT
Hit by two astonishing tragedies in quick succession, the Malaysia Airlines brand may become the airline industry's equivalent of asbestos or News of the World: toxic to the public and, experts say, impossible...Full Story
Hit by two astonishing tragedies in quick succession, the Malaysia Airlines brand may become the airline industry's equivalent of asbestos or News of the World: toxic to the public and, experts say, impossible to redeem.Full Story
Saturday, July 19 2014 11:22 PM EDT2014-07-20 03:22:06 GMT
Ukraine is accusing Russia of assisting separatist rebels in destroying evidence at the crash site of a Malaysia Airlines plane shot down with 298 people onboard.Full Story
International monitors moved gingerly Saturday through fields reeking of the decomposing corpses that fell from a Malaysian airliner shot down over rebel-held eastern Ukraine, trying to secure the sprawling site in hopes...Full Story
Saturday, July 19 2014 4:29 PM EDT2014-07-19 20:29:56 GMT
National parks and monuments boosted the economies of surrounding communities in Wyoming, Montana and Idaho by a combined $1.15 billion last year, according to a new study.Full Story
National parks and monuments boosted the economies of surrounding communities in Wyoming, Montana and Idaho by a combined $1.15 billion last year, according to a new study.Full Story
Saturday, July 19 2014 2:40 PM EDT2014-07-19 18:40:11 GMT
By The Associated Press Time Warner has rejected a takeover bid from Twenty-First Century Fox and says it has no interest in further discussions with Rupert Murdoch's media entertainment giant.Full Story
Even though Rupert Murdoch's $76 billion bid for rival media giant Time Warner Inc. has been rejected, that doesn't mean how you watch TV shows and movies will stop changing any time soon.Full Story
Saturday, July 19 2014 2:11 PM EDT2014-07-19 18:11:30 GMT
Malaysia Airlines says it has no immediate plans to fly the relatives of 298 passengers and crew killed in the downing of Flight 17 to Ukraine to visit the site because of security concerns.Full Story
Forensic teams fanned out across the Netherlands on Saturday to collect material that will help positively identify the remains of victims killed in the downing of the Malaysia Airlines plane over Ukraine. Families and...Full Story
Saturday, July 19 2014 12:59 PM EDT2014-07-19 16:59:31 GMT
A new study found that cities that regularly replace old natural gas lines don't leak as much methane as older cities who don't fix them.Full Story
Cities such as Indianapolis that regularly replace old natural gas lines have significantly fewer leaks than older urban areas where they don't, like Boston and New York City's Staten Island, according to a new...Full Story
Saturday, July 19 2014 12:13 AM EDT2014-07-19 04:13:14 GMT
Rescue workers, policemen and even off-duty coal miners are combing the area adjacent to the site in eastern Ukraine where a Malaysian jetliner crashed on Thursday, killing all 298 aboard.Full Story
World leaders demanded Friday that pro-Russia rebels who control the eastern Ukraine crash site of Malaysia Airlines Flight 17 give immediate, unfettered access to independent investigators to determine who shot down the...Full Story
Friday, July 18 2014 5:38 PM EDT2014-07-18 21:38:22 GMT
By MARILYNN MARCHIONE AP Chief Medical Writer Researchers say an experimental drug from the biotech company Genentech failed to slow mental decline in tests on more than 500 people with mild to...Full Story
By MARILYNN MARCHIONE AP Chief Medical Writer An experimental drug from the biotech company Genentech failed to slow mental decline in mid-stage studies on more than 500 people with mild to moderate...Full Story
Friday, July 18 2014 5:03 PM EDT2014-07-18 21:03:00 GMT
U.S. stock futures are creeping up Friday as General Electric, Google and other big companies report quarterly results.Full Story
By ALEX VEIGA AP Business Writer Investors jumped on a wave of strong corporate financial results Friday, propelling stocks higher for the third time in five days.Full Story
Friday, July 18 2014 4:19 PM EDT2014-07-18 20:19:58 GMT
Earnings gains from Google, Honeywell and other big U.S. companies drive the stock market to a higher close, wiping out much of its loss from the day before.Full Story
Earnings gains from Google, Honeywell and other big U.S. companies drive the stock market to a higher close, wiping out much of its loss from the day before.Full Story
Friday, July 18 2014 3:50 PM EDT2014-07-18 19:50:25 GMT
Unemployment rates dropped in 22 U.S. states last month and stayed the same in 14, as the nation at large posted a fifth straight month of solid hiring.Full Story
Since the Great Recession officially ended in June 2009, the U.S. economy has generated 7.8 million jobs. But the gains haven't been spread evenly across the country.Full Story
Friday, July 18 2014 1:39 PM EDT2014-07-18 17:39:42 GMT
Swedish home appliance maker Electrolux says improved demand in Europe and the United States boosted the company's second-quarter profit 27 percent to 815 million kronor ($119 million) from 642 million kronor a...Full Story
Swedish home appliance maker Electrolux has posted a second-quarter net loss of 92 million ($13.5 million) kronor, citing large restructuring charges, but says demand in Europe and the United States is picking up.Full Story
Friday, July 18 2014 12:09 PM EDT2014-07-18 16:09:27 GMT
By The Associated Press Abbvie Inc.'s deal to combine with Shire PLC would be the largest made so far this year, excluding assumed debt. Here are the top five:Full Story
By The Associated Press Abbvie Inc.'s deal to combine with Shire PLC would be the largest made so far this year, excluding assumed debt. Here are the top five:Full Story
Friday, July 18 2014 12:09 PM EDT2014-07-18 16:09:21 GMT
Asian stock markets fell Friday, unnerved by a ratcheting up of global political tensions after a Malaysian jetliner was shot down over Ukraine and Israel launched a ground offensive in the Gaza Strip.Full Story
Markets settled down Friday but jitters over the downing of a Malaysian jetliner over Ukraine remained at the fulcrum of investors' thoughts.Full Story
Friday, July 18 2014 11:48 AM EDT2014-07-18 15:48:55 GMT
U.S. drugmaker AbbVie has finally reached an agreement valued at around $55 billion to combine with Shire after its British counterpart rebuffed several takeover attempts.Full Story
By TOM MURPHY AP Business Writer The drugmaker AbbVie has reached a deal worth roughly $55 billion to combine with British counterpart Shire and become the latest U.S. company to seek an overseas haven...Full Story
Friday, July 18 2014 11:11 AM EDT2014-07-18 15:11:56 GMT
Visions of chlorine-drenched chickens and the prospect of genetically modified "Frankenfood" invading dinner tables across the European Union are proving serious impediments to the signing of a sweeping free trade...Full Story
Visions of chlorine-drenched chickens and the prospect of genetically modified "Frankenfood" invading dinner tables across the European Union are proving serious impediments to the signing of a sweeping free trade...Full Story
Friday, July 18 2014 11:10 AM EDT2014-07-18 15:10:00 GMT
A gauge designed to predict the economy's future health increased in June for a fifth consecutive month, supporting the view that economic growth should accelerate in the second half of this year.Full Story
A gauge designed to predict the economy's future health increased in June for a fifth consecutive month, supporting the view that economic growth should accelerate in the second half of this year.Full Story
Friday, July 18 2014 10:04 AM EDT2014-07-18 14:04:02 GMT
New York Gov. Andrew Cuomo's work to avert a strike on the nation's largest commuter rail system won praise from commuters and political observes alike - while playing nicely into his aggressively...Full Story
New York Gov. Andrew Cuomo's work to avert a strike on the nation's largest commuter rail system won praise from commuters and political observers alike - while playing nicely into his aggressively cultivated image...Full Story
Friday, July 18 2014 8:40 AM EDT2014-07-18 12:40:30 GMT
General Electric Co. (GE) on Friday reported earnings that rose by 13 percent in its second quarter. The results matched analysts' expectations.Full Story
General Electric's net income rose 13 percent in the second quarter on strong performance from its aviation and oil and gas divisions.Full Story
Friday, July 18 2014 3:40 AM EDT2014-07-18 07:40:32 GMT
France's transport chief says faulty maintenance on a signal and hot weather may have played a role in the collision of two trains in southwest France, which left 25 injured.Full Story
France's transport chief says faulty maintenance on a signal and hot weather may have played a role in the collision of two trains in southwest France, which left 25 injured.Full Story
Friday, July 18 2014 1:03 AM EDT2014-07-18 05:03:45 GMT
An adviser to Ukraine's Interior Minister says a Malaysian passenger plane carrying 295 people has been shot down over a town in the east of the country.Full Story
Ukraine accused pro-Russian separatists of shooting down a Malaysian jetliner with 298 people aboard, sharply escalating the crisis and threatening to draw both East and West deeper into the conflict. The rebels denied...Full Story
Friday, July 18 2014 12:31 AM EDT2014-07-18 04:31:15 GMT
Malaysia Airlines says it lost contact with a plane over Ukrainian airspace.Full Story
The Malaysia Airlines jetliner that went down in war-torn Ukraine did not make any distress call, Malaysia's prime minister said Friday, adding that its flight route had been declared safe by the global civil aviation...Full Story
Thursday, July 17 2014 10:23 PM EDT2014-07-18 02:23:48 GMT
The Israeli military says it has struck 37 targets in Gaza ahead of a five-hour humanitarian cease-fire meant to allow civilians to stock up after 10 days of fighting.Full Story
The heavy thud of tank shells, often just seconds apart, echoed across the Gaza Strip early Friday as thousands of Israeli soldiers launched a ground invasion, escalating a 10-day campaign of heavy air bombardments to try...Full Story
Thursday, July 17 2014 8:23 PM EDT2014-07-18 00:23:48 GMT
Hillary Rodham Clinton says if she runs for the White House in 2016 she will have "a very specific agenda" but acknowledges in an interview that the job of president has "gotten even bigger and more difficult."Full Story
Hillary Rodham Clinton said Thursday if she decides to run for the White House in 2016 she will have "a very specific agenda" but acknowledged in an interview that the modern role of U.S. president has "gotten even bigger...Full Story
Thursday, July 17 2014 6:04 PM EDT2014-07-17 22:04:34 GMT
Lawmakers demanded General Motors fire its chief lawyer and do more to help crash victims as a Senate subcommittee delved deeper into GM's mishandling of the recall of small cars with defective ignition switches.Full Story
Lawmakers demanded General Motors fire its chief lawyer and do more to help crash victims as a Senate subcommittee delved deeper into GM's mishandling of the recall of small cars with defective ignition switches.Full Story
Thursday, July 17 2014 5:40 PM EDT2014-07-17 21:40:42 GMT
U.S. stock futures pointed to a slightly lower open on Thursday after mixed news about the economy and a batch of corporate earnings.Full Story
By ALEX VEIGA AP Business Writer The downing of a passenger plane flying over Ukraine rattled U.S. financial markets Thursday, deepening a slide set off by a batch of disappointing company earnings and a...Full Story
Thursday, July 17 2014 5:30 PM EDT2014-07-17 21:30:37 GMT
Airbus says it secured $75.3 billion in orders and commitments for 496 aircraft at the Farnborough Airshow - a record for the company at the premier aviation event in terms of dollar value and in aircraft.Full Story
Airbus beat rival Boeing in the aircraft order stakes at this year's Farnborough International Airshow, getting nearly twice as many orders and commitments.Full Story
Thursday, July 17 2014 5:02 PM EDT2014-07-17 21:02:19 GMT
White House economists say the Great Recession is only partly to blame for the increasing number of Americans dropping out of the labor force. They say the reduced participation rate dampens economic growth and...Full Story
Declaring the Great Recession only partly to blame, White House economists say the increasing number of Americans dropping out of the labor force dampens economic growth and demands policy changes that create more job...Full Story
Thursday, July 17 2014 4:50 PM EDT2014-07-17 20:50:45 GMT
Duke Energy has completed removal of large pockets of coal ash from the Dan River months after a massive spill at a North Carolina power plant, federal environmental officials said Thursday.Full Story
Duke Energy has completed removal of large pockets of coal ash from the Dan River months after a massive spill at a North Carolina power plant, federal environmental officials said Thursday.Full Story
Thursday, July 17 2014 4:49 PM EDT2014-07-17 20:49:32 GMT
The value of the patented seed allegedly stolen from U.S. seed corn companies likely exceeds $500 million, federal prosecutors said Thursday, higher than previous estimates.Full Story
The value of the patented seed allegedly stolen from U.S. seed corn companies likely exceeds $500 million, federal prosecutors said Thursday, higher than previous estimates.Full Story
Thursday, July 17 2014 4:40 PM EDT2014-07-17 20:40:21 GMT
Apple will pay up to $400 million to compensate consumers ensnared in a plot to raise the prices of digital books unless the company overturns a court decision attesting to its pivotal role in the collusion.Full Story
Apple will refund up to $400 million to consumers ensnared in a plot to raise the prices of digital books unless the company gets a court to overturn a decision affirming its pivotal role in the collusion.Full Story
Thursday, July 17 2014 4:29 PM EDT2014-07-17 20:29:53 GMT
By The Associated Press Stocks are closing sharply lower as traders worried about an escalation of tensions between Russia and the West following the downing of a passenger plane in eastern Ukraine.Full Story
By The Associated Press Stocks are closing sharply lower as traders worried about an escalation of tensions between Russia and the West following the downing of a passenger plane in eastern Ukraine.Full Story
Thursday, July 17 2014 3:28 PM EDT2014-07-17 19:28:36 GMT
The managers of the Hard Rock Hotel & Casino in Las Vegas have announced plans to open one at Lake Tahoe this winter after a $60 million renovation of the former Horizon Casino Resort at Stateline.Full Story
The managers of the Hard Rock Hotel & Casino in Las Vegas have announced plans to open one at Lake Tahoe this winter after a $60 million renovation of the former Horizon Casino Resort at Stateline.Full Story
Thursday, July 17 2014 2:28 PM EDT2014-07-17 18:28:26 GMT
The House passed a package of tax breaks Thursday designed to boost charitable donations by seniors, private foundations and procrastinators.Full Story
The House passed a package of tax breaks Thursday designed to boost charitable donations by seniors, private foundations and procrastinators.Full Story
Thursday, July 17 2014 1:31 PM EDT2014-07-17 17:31:04 GMT
By TOM MURPHY AP Business Writer The nation's largest health insurer expects to play a much bigger role in the health care overhaul next year, as the federal law shifts from raising giant...Full Story
By TOM MURPHY AP Business Writer The nation's largest health insurer expects to play a much bigger role in the health care overhaul next year, as the federal law shifts from raising giant questions...Full Story
Thursday, July 17 2014 1:30 PM EDT2014-07-17 17:30:08 GMT
A Senate subcommittee chairwoman says General Motors should have fired its chief lawyer in the wake of a long-delayed recall of millions of small cars.Full Story
Lawmakers on Thursday demanded General Motors fire its chief lawyer and open its compensation plan to more potential victims as a Senate subcommittee delved deeper into GM's mishandling of the recall of small cars with...Full Story
Thursday, July 17 2014 1:20 PM EDT2014-07-17 17:20:37 GMT
Italian automaker Fiat has denied a German media report that it is in merger talks with Volkswagen.Full Story
Italian automaker Fiat and its main shareholder denied on Thursday a media report that the company is in merger talks with rival Volkswagen. The German carmaker also said it had no plans for mergers or acquisitions.Full Story
Thursday, July 17 2014 12:52 PM EDT2014-07-17 16:52:12 GMT
The United States and Europe are seeking to maintain a united front against Russia with coordinated announcements of new economic sanctions, but divisions persist over how aggressive the West should be in punishing...Full Story
The United States and Europe are seeking to maintain a united front against Russia with coordinated announcements of new economic sanctions, but divisions persist over how aggressive the West should be in punishing Moscow...Full Story
Thursday, July 17 2014 12:49 PM EDT2014-07-17 16:49:08 GMT
The Dubai Financial Market on Thursday suspended trading shares of the emirate's largest construction company, Arabtec Holding, after rumors swirled that the firm's biggest shareholder was in talks to sell...Full Story
The Dubai Financial Market on Thursday suspended trading shares of the emirate's largest construction company, Arabtec Holding, after rumors swirled that the firm's biggest shareholder was in talks to sell off a...Full Story
Thursday, July 17 2014 12:49 PM EDT2014-07-17 16:49:06 GMT
Morgan Stanley says its quarterly profit more than doubled, thanks to strong results from its investment banking and money-management units. The news drove up the investment bank's stock in early trading.Full Story
Morgan Stanley said Thursday that its quarterly profit more than doubled, thanks to strong performances from its investment banking and money-management units.Full Story
Thursday, July 17 2014 12:09 PM EDT2014-07-17 16:09:31 GMT
Global stocks rebounded Monday from jitters about a struggling Portuguese bank as investors looked ahead to a busy week of data releases in the U.S., China and Europe.Full Story
Another round of U.S. sanctions on Russia weighed on markets Thursday. News that a Malaysia Airlines passenger plane carrying 295 had been shot down over Ukraine added to the negative tone.Full Story
Thursday, July 17 2014 11:59 AM EDT2014-07-17 15:59:10 GMT
By The Associated Press Stocks are moving slightly lower at midday following mixed news about the economy and the latest batch of corporate earnings.Full Story
By The Associated Press Stocks are moving slightly lower at midday following mixed news about the economy and the latest batch of corporate earnings.Full Story
Thursday, July 17 2014 11:39 AM EDT2014-07-17 15:39:24 GMT
Japan has approved the export of a locally-made component for a missile defense system to the U.S. and is launching a joint research with Britain on air-to-air missile technology for fighter jets.Full Story
Japan has approved the export of a locally-made component for a missile defense system to the U.S. and is launching joint research with Britain on air-to-air missile technology for fighter jets.Full Story
Thursday, July 17 2014 11:18 AM EDT2014-07-17 15:18:20 GMT
Manufacturing in the Philadelphia region surged in July, expanding at its fastest pace in more than three years, as new orders, shipments, and hiring all rose.Full Story
Manufacturing in the Philadelphia region surged in July, expanding at its fastest pace in more than three years, as new orders, shipments, and hiring all rose.Full Story
Thursday, July 17 2014 10:27 AM EDT2014-07-17 14:27:17 GMT
By The Associated Press UnitedHealth Group says its second-quarter earnings slipped 2 percent on a rise in taxes and other expenses, but the nation's largest health insurer still trumped...Full Story
By TOM MURPHY AP Business Writer UnitedHealth Group's second-quarter earnings slipped 2 percent on a rise in taxes and other expenses, but the nation's largest health insurer still trumped analyst...Full Story
Thursday, July 17 2014 10:17 AM EDT2014-07-17 14:17:33 GMT
By The Associated Press The price of oil rose above $102 per barrel Thursday after a U.S. inventories report showed a larger-than-expected drop in crude oil supplies.Full Story
By PABLO GORONDI Associated Press The price of oil surged to near $103 a barrel Thursday after a U.S. inventories report showed a larger-than-expected drop in crude oil supplies.Full Story
Thursday, July 17 2014 9:59 AM EDT2014-07-17 13:59:33 GMT
An anti-corruption body on Thursday recommended criminal charges against Thailand's ousted prime minister over her government's rice subsidy program, which cost the country's billions of dollars.Full Story
An anti-corruption body on Thursday recommended criminal charges against Thailand's ousted prime minister over her government's rice subsidy program, which cost the country's billions of dollars.Full Story
Thursday, July 17 2014 9:28 AM EDT2014-07-17 13:28:19 GMT
U.S. home construction fell in June to the slowest pace in nine months, a setback to hopes that housing is regaining momentum and will boost economic growth this year.Full Story
U.S. home construction fell in June to the slowest pace in nine months, a setback to hopes that housing is regaining momentum and will boost economic growth this year.Full Story
Thursday, July 17 2014 8:49 AM EDT2014-07-17 12:49:23 GMT
President Vladimir Putin lamented the latest round of U.S. sanctions against Russia, saying Thursday that they are stalemating bilateral relations and hurting not only Russian but also American businesses.Full Story
President Vladimir Putin on Thursday lamented the latest round of U.S. sanctions against Russia, saying they will stalemate bilateral relations and hurt not only Russian but also American businesses.Full Story
Thursday, July 17 2014 8:48 AM EDT2014-07-17 12:48:50 GMT
Microsoft says it will eliminate up to 18,000 jobs over the next year as it works on integrating the Nokia devices business it bought in April.Full Story
Microsoft says it will eliminate up to 18,000 jobs over the next year as it works on integrating the Nokia devices business it bought in April.Full Story
Thursday, July 17 2014 8:07 AM EDT2014-07-17 12:07:10 GMT
Turkey's central bank has cut its main interest rate by a further half percentage point as it continues to lower borrowing rates following a big increase earlier this year to support the country's currency.Full Story
Turkey's central bank has cut its main interest rate by a further half percentage point as it continues to lower borrowing rates following a big increase earlier this year to support the country's currency.Full Story
