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  • Zillow buying Trulia to make real estate titan

    Zillow buying Trulia to make real estate titan

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

    German court receives suit against EU bank union

    Monday, July 28 2014 10:34 AM EDT2014-07-28 14:34:40 GMT
    A group of German professors has filed a complaint to the country's highest court against the European Union's plans to create a so-called banking union, a central part of the effort to make the...
    A group of German professors has filed a complaint to the country's highest court against the European Union's plans to create a so-called banking union, a central part of the effort to make the continent's...
  • Contracts to buy US homes slip in June

    Contracts to buy US homes slip in June

    Monday, July 28 2014 10:25 AM EDT2014-07-28 14:25:56 GMT
    Fewer Americans signed contracts to buy homes in June, as the real estate market appears to have cooled off this summer.
    Fewer Americans signed contracts to buy homes in June, as the real estate market appears to have cooled off this summer.
  • Dollar Tree buying Family Dollar for $8.5 billion

    Dollar Tree buying Family Dollar for $8.5 billion

    Monday, July 28 2014 10:17 AM EDT2014-07-28 14:17:31 GMT
    Dollar Tree is buying rival discount store Family Dollar in a cash-and-stock deal valued at about $8.5 billion.
    Dollar Tree is buying rival discounter Family Dollar, giving it a wider reach in the intensifying fight for deal-seeking customers.
  • Virus drugmaker fights pediatricians' new advice

    Virus drugmaker fights pediatricians' new advice

    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.
    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.
  • RPM Intl agrees to $797.5M deal on asbestos claims

    RPM Intl agrees to $797.5M deal on asbestos claims

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

    Virgin America files for IPO

    Monday, July 28 2014 9:55 AM EDT2014-07-28 13:55:36 GMT
    Virgin America's next destination is Wall Street.
    Virgin America's next destination is Wall Street.
  • Lloyds bank settles with US, UK over market fixing

    Lloyds bank settles with US, UK over market fixing

    Monday, July 28 2014 9:55 AM EDT2014-07-28 13:55:32 GMT
    Lloyds Banking Group says it will pay 218 million pounds ($400 million) to U.S. and British authorities to settle allegations it manipulated benchmark interest rates.
    Lloyds Banking Group says it will pay 218 million pounds ($400 million) to U.S. and British authorities to settle allegations it manipulated benchmark interest rates.
  • US stocks open mixed on Wall Street

    US stocks open mixed on Wall Street

    Monday, July 28 2014 9:55 AM EDT2014-07-28 13:55:23 GMT
    The stock market is opening mixed at the start of a busy week as a batch of merger announcements lift shares in Family Dollar and other companies.
    The stock market is opening mixed at the start of a busy week as a batch of merger announcements lift shares in Family Dollar and other companies.
  • Europe stocks struggle, Asia rises on China data

    Europe stocks struggle, Asia rises on China data

    Monday, July 28 2014 8:45 AM EDT2014-07-28 12:45:46 GMT
    Asian stock markets were mostly higher Monday, shrugging off jitters about stiffer Western sanctions against Russia, after China reported strong corporate profits.
    European stock markets struggled on Monday and Wall Street was expected to dip on the open amid ongoing concerns about earnings and the economic impact of sanctions on Russia. Asian indexes closed higher, however, after...
  • Russia ordered to pay $50 billion over Yukos

    Russia ordered to pay $50 billion over Yukos

    Monday, July 28 2014 8:27 AM EDT2014-07-28 12:27:51 GMT
    The former majority shareholder in Yukos Oil Company says it has won in excess of $50 billion in a court ruling against Russia.
    An international court on Monday ordered Russia to pay more than $50 billion to the former majority shareholders of now defunct oil company Yukos, ruling that the state engaged in a ruthless campaign to destroy what was...
  • Tyson to sell Mexico, Brazil poultry operations

    Tyson to sell Mexico, Brazil poultry operations

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

    Britain reopens way for fracking

    Monday, July 28 2014 7:34 AM EDT2014-07-28 11:34:41 GMT
    The British government has reopened the way for energy firms to explore for shale gas, three years after seismic tremors led to the suspension of fracking.
    Energy firms will be able to bid for licenses Monday to explore for shale gas in Britain, three years after the controversial fracking process caused seismic tremors which led the government to suspend operations.
  • EU antitrust body clears Apple's $3bn Beats deal

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

    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.
    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.
  • US companies increasingly fish for growth overseas

    US companies increasingly fish for growth overseas

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

    Meat supplier: China unit fell short of standards

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

    Korean Air chief in line to lead Pyeongchang Games

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

    Nissan profit rises on strong sales, cheap yen

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

    Study: Embargo wouldn't hurt Russia

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

    EU hits Russian intelligence chiefs with sanctions

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

    Fukushima study: Think about unthinkable disasters

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

    Not in my backyard: US sending dirty coal abroad

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

    Fast food workers vow civil disobedience

    Monday, July 28 2014 12:15 AM EDT2014-07-28 04:15:03 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.
    Comparing their campaign to the civil rights movement, fast food workers from across the country voted Saturday to escalate their efforts for $15-an-hour pay and union membership by using nonviolent civil disobedience.
  • Lyft says it's starting New York City service

    Lyft says it's starting New York City service

    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.
    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.
  • BSkyB to create multinational European TV network

    BSkyB to create multinational European TV network

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

    Comic-book convention organizers clash over name

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

    US meat supplier in China withdraws products

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

    Oil rises just above $102 a barrel

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

    Cable on Ohio amusement park ride snaps, hurting 2

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

    EU, US seek Putin Achilles' heel on Ukraine

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

    Varying health premium subsidies worry consumers

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

    More US girls now getting cervical cancer vaccine

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

    GOP works to avert Senate upset in Georgia

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

    Survey: US gas prices fall 9 cents to $3.58

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

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

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

    Nissan expands recall prompted by faulty air bag

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

    Promises of easier nuclear construction fall short

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

    Obama: Offshore 'tax inversions' are unpatriotic

    Sunday, July 27 2014 11:14 AM EDT2014-07-27 15:14:17 GMT
    President Barack Obama says a loophole that lets companies dodge U.S. taxes by moving their headquarters overseas is unpatriotic.
    President Barack Obama says a loophole that lets companies dodge U.S. taxes by moving their headquarters overseas is unpatriotic.
  • Cellphone unlocking set to become legal again

    Cellphone unlocking set to become legal again

    Sunday, July 27 2014 9:45 AM EDT2014-07-27 13:45:02 GMT
    Congress has passed a bill that makes it legal to "unlock" cellphones so the devices can -at least in some instances- be used on other carriers.
    Congress passed a bill Friday that makes it legal to "unlock" cellphones so the devices can -at least in some instances- be used on other carriers.
  • Report: China to declare Qualcomm a monopoly

    Report: China to declare Qualcomm a monopoly

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

    Facebook 2Q earnings, revenue soar

    Sunday, July 27 2014 9:44 AM EDT2014-07-27 13:44:46 GMT
    Facebook Inc. (FB) on Wednesday reported profit that more than doubled in its second quarter, and topped analysts' expectations.
    Facebook is on a roll. The world's largest online social network posted sharply higher earnings on Wednesday as revenue from mobile advertising continued to grow, and more people used it, more often.
  • Amazon shares fall on 2Q loss

    Amazon shares fall on 2Q loss

    Sunday, July 27 2014 9:44 AM EDT2014-07-27 13:44:21 GMT
    Amazon.com Inc. (AMZN) on Thursday reported a bigger loss in its second quarter, and missed analysts' expectations.
    Shares of Amazon.com Inc. fell Thursday after the e-commerce retailer reported a deeper-than-expected second quarter loss as expenses outpaced a surge in revenue.
  • Nokia sees brighter future without handset unit

    Nokia sees brighter future without handset unit

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

    Boeing CEO sorry for 'cowering' workers remark

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

    Global tensions don't dent enthusiasm for stocks

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

    Worries about US consumers drag stocks lower

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

    FedEx charges raise online pharmacy issues

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

    Russian execs fear lasting damage from plane crash

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

    Family feud sparks revolt at grocery store chain

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

    Migrants: Obama urges Latin leaders, GOP to help

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

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

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

    Fast food workers prepare to escalate wage demands

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

    Disappointing results at Visa, Amazon hurt stocks

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

    House votes to boost child tax credit for some

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

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

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

    US wildlife officials propose limiting snake trade

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

    Feds probe Dodge Charger alternator complaints

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

    Disappointing results at Visa, Amazon dent stocks

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

    World stocks fall on US earnings, Russia sanctions

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

    Lufthansa, Air France to resume Tel Aviv flights

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

    Cyprus passes international bailout review

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

    US agency probes Hyundai Sonata air bag problem

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

    US stocks ease on earnings results

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

    Molson Coors Brewing CEO to retire at year's end

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

    Orders for US durable goods up 0.7 percent in June

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

    Son of S.Korea sunken ferry owner detained

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

    UK economy grows to surpass pre-crisis peak

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

    German business confidence drops for 3rd month

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

    Russia raises key rate amid Ukraine concerns

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

    McNuggets pulled from sale in HK after meat scare

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

    Towering worry: Small holes cause big jitters

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

    Air Algerie jet with 116 on board crashes in Mali

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

    Twitter admits to diversity problem in workforce

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

    NYC official: Thieves got into 1K StubHub accounts

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

    Apple post biggest earnings gain in nearly 2 years

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

    Very bad week: Airline disasters come in a cluster

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

    Visa posts higher 3Q profit, revenue

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

    Bankrupt Energy Future to auction stake in Oncor

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

    Starbucks US sales rise with help of revamped food

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

    Obama wants limits on US company mergers abroad

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

    Union Pacific 2Q profit chugs ahead 17 percent

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

    After much movement, stocks end where they began

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

    Correction: Housing-Clinging to Low Rates story

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

    US stocks end little changed after mixed news

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

    US airlines to resume flights to Israel

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

    Wal-Mart names new CEO of US discount division

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

    Across US job market, layoffs are becoming rare

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

    Airlines report big 2Q profits on strong demand

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

    FAA lifts ban on US flights to Tel Aviv airport

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

    Bombardier restructuring cuts 1,800 jobs globally

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

    Texas governor's startup fund is not all it seems

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

    Morgan Stanley paying $275M to settle SEC charges

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

    Agents get subsidized 'Obamacare' using fake IDs

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

    GM profit 2Q falls 85 pct. on recall costs

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

    Dunkin' pushing cashiers to 'upsell' in afternoons

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

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

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

    IMF cuts US and global growth forecasts for 2014

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

    US stocks rise at midday on stronger earnings

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

    Swiss drug maker Roche posts 7 percent profit drop

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

    Markets solid amid mixed US economic news

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

    Average US 30-year mortgage rate at 4.13 pct.

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

    US new-home sales plummet in June

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

    Southwest reports record profit of $465M for 2Q

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

    United Airlines posts 2Q profit, reversing 1Q loss

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

    IMF cuts US and global growth forecasts for 2014

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

    American Airlines boosts profit on higher revenue

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

    US stocks open higher as investors gauge earnings

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

    US unemployment aid applications drop to 284,000

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

    3M 2Q profit rises 6 percent

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

    Oil drifts down despite China manufacturing bounce

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

    UK: Former reporter sentenced for phone hacking

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

    Caterpillar 2Q profit rises, revenue declines

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

    Ukraine worries 'set to weigh' on eurozone economy

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

    Breitburn buying QR Energy in $1.46 billion deal

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

    Judges in health care rulings vote party line

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

    FAA lifts ban on US flights to Tel Aviv airport

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

    European Central Bank hit by data theft

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

    UN human development report faults inequality

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

    Spain's Repsol sees profits jump on YPF bond gains

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

    South Korea unveils stimulus after ferry sinking

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

    Spanish jobless falls as recovery gains traction

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

    HK firms on edge as democracy rally blockade looms

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

    Boss of company in China meat scandal apologizes

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

    JFK returns to old look in new collectors' coins

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

    European carriers suspend more Tel Aviv flights

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

    Cruz suggests flight ban is boycott of Israel

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

    Japan trade deficit at record $75B in first half

    Wednesday, July 23 2014 10:41 PM EDT2014-07-24 02:41:17 GMT
    Japan's trade deficit more than tripled from the year before in June to a higher-than-expected 822.2 billion yen ($8.1 billion), as imports surged and exports edged lower.
    Japan's trade deficit surged to a record 7.6 trillion yen ($74.9 billion) in the first half of the year as exports failed to keep pace with surging imports, the Finance Ministry reported Thursday.
  • Microsoft CEO sees 'bold' plan as 4Q tops Street

    Microsoft CEO sees 'bold' plan as 4Q tops Street

    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.
    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...
  • Meat supplier in China scandal has global reach

    Meat supplier in China scandal has global reach

    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...
    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.
  • Sanders pleads for VA reform bill as talks stall

    Sanders pleads for VA reform bill as talks stall

    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.
    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...
  • US: Downed fighter jets part of pattern in Ukraine

    US: Downed fighter jets part of pattern in Ukraine

    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.
    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...
  • S&P 500 ekes out record high as earnings roll in

    S&P 500 ekes out record high as earnings roll in

    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.
    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.
  • US economy, though sluggish, may now be sturdier

    US economy, though sluggish, may now be sturdier

    Wednesday, July 23 2014 5:32 PM EDT2014-07-23 21:32:14 GMT
    Out of a seemingly hollow recovery from the Great Recession, a more durable if still slow-growing U.S. economy has emerged.
    Out of a seemingly hollow recovery from the Great Recession, a more durable if still slow-growing U.S. economy has emerged.
  • Protect yourself from identity theft

    Protect yourself from identity theft

    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,...
    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...
  • Target debuts an image-recognition shopping app

    Target debuts an image-recognition shopping app

    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...
    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...
  • GM issues 6 more safety recalls

    GM issues 6 more safety recalls

    Wednesday, July 23 2014 4:43 PM EDT2014-07-23 20:43:23 GMT
    General Motors is issuing six more recalls covering a total of almost 718,000 vehicles in the U.S.
    General Motors issued six more recalls on Wednesday, bringing its annual total to 60 recalls covering almost 30 million vehicles.
  • Stopping deadly oil train fires: New rules planned

    Stopping deadly oil train fires: New rules planned

    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...
    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...
  • Former trader gets 2 years in prison for fraud

    Former trader gets 2 years in prison for fraud

    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.
    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.
  • US stocks drift higher following mixed earnings

    US stocks drift higher following mixed earnings

    Wednesday, July 23 2014 4:15 PM EDT2014-07-23 20:15:59 GMT
    U.S. stock indexes edged mostly higher as traders looked over a mixed batch of corporate earnings.
    U.S. stock indexes edged mostly higher as traders looked over a mixed batch of corporate earnings.
  • 5 tips for selling your home for the best price

    5 tips for selling your home for the best price

    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.
    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.
  • IMF sees US growth at weakest since recession

    IMF sees US growth at weakest since recession

    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.
    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.
  • SEC votes to end $1 a share for some money funds

    SEC votes to end $1 a share for some money funds

    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.
    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.
  • Comcast 2Q earnings top views on Internet hookups

    Comcast 2Q earnings top views on Internet hookups

    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.
    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.
  • Senate agrees on $11B highway funding measure

    Senate agrees on $11B highway funding measure

    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.
    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.
  • Trump: DC hotel will be among world's best

    Trump: DC hotel will be among world's best

    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.
    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...
  • Delta 2Q profit rises 17 percent

    Delta 2Q profit rises 17 percent

    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.
    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.
  • Dole, vets groups renew push for disability treaty

    Dole, vets groups renew push for disability treaty

    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.
    At 91, Bob Dole won't take no for an answer.
  • Senate bill targets companies that move overseas

    Senate bill targets companies that move overseas

    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.
    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.
  • Goodwill, feds investigate possible data breach

    Goodwill, feds investigate possible data breach

    Wednesday, July 23 2014 12:53 PM EDT2014-07-23 16:53:32 GMT
    Nonprofit organization Goodwill Industries Inc. is working with federal officials to investigate a possible security breach.
    Nonprofit organization Goodwill Industries Inc. is working with federal officials to investigate a possible security breach.
  • US stocks drift following mixed corporate earnings

    US stocks drift following mixed corporate earnings

    Wednesday, July 23 2014 12:12 PM EDT2014-07-23 16:12:00 GMT
    Stocks are little changed in midday trading as traders look over a mixed batch of corporate earnings.
    Stocks are little changed in midday trading as traders look over a mixed batch of corporate earnings.
  • China detains employees of suspect meat seller

    China detains employees of suspect meat seller

    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.
    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...
  • Global stocks bolstered by US earnings, home sales

    Global stocks bolstered by US earnings, home sales

    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.
    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.
  • PepsiCo raises outlook, looks to new Lay's flavors

    PepsiCo raises outlook, looks to new Lay's flavors

    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.
    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.
  • Despite sanctions call, UK approves arms to Russia

    Despite sanctions call, UK approves arms to Russia

    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.
    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...
  • Stocks open mostly lower following mixed earnings

    Stocks open mostly lower following mixed earnings

    Wednesday, July 23 2014 10:09 AM EDT2014-07-23 14:09:21 GMT
    Stocks are mostly lower in early trading as traders look over a mixed batch of earnings reports.
    Stocks are mostly lower in early trading as traders look over a mixed batch of earnings reports.
  • Commercial jets push Boeing profits up 52 percent

    Commercial jets push Boeing profits up 52 percent

    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.
    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.
  • US hedge fund files suit against Puerto Rico gov

    US hedge fund files suit against Puerto Rico gov

    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.
    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.
  • EU seeks energy efficiency to ease Russia gas link

    EU seeks energy efficiency to ease Russia gas link

    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,...
    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,...
  • GSK cuts earnings forecast after weak 2nd quarter

    GSK cuts earnings forecast after weak 2nd quarter

    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.
    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.
  • Oil stays above $102 amid Gaza peace efforts

    Oil stays above $102 amid Gaza peace efforts

    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...
    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...
  • Lithuania to adopt euro currency in January

    Lithuania to adopt euro currency in January

    Wednesday, July 23 2014 7:41 AM EDT2014-07-23 11:41:08 GMT
    The European Union is giving Lithuania the green light to adopt the euro currency starting next year.
    The European Union is giving Lithuania the green light to adopt the euro currency starting next year.
  • Women business owners face gender gap, report says

    Women business owners face gender gap, report says

    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.
    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.
  • Bank of England: rates to rise only gradually

    Bank of England: rates to rise only gradually

    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.
    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.
  • Flight bans show skittishness over trouble spots

    Flight bans show skittishness over trouble spots

    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.
    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...
  • Spanish economic growth seen gathering pace in Q2

    Spanish economic growth seen gathering pace in Q2

    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.
    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.
  • In international flight, volatile conflicts abound

    In international flight, volatile conflicts abound

    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...
    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...
  • Daimler revenue up; profit drops after 1-time gain

    Daimler revenue up; profit drops after 1-time gain

    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...
    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...
  • CEO: Clippers coach to quit if Sterling stays

    CEO: Clippers coach to quit if Sterling stays

    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.
    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.
  • AP source: Thieves got into 1K StubHub accounts

    AP source: Thieves got into 1K StubHub accounts

    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.
    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.
  • Senate, House on collision course on border money

    Senate, House on collision course on border money

    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...
    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...
  • Dueling rulings: Courts split on health law clash

    Dueling rulings: Courts split on health law clash

    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.
    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.
  • Netflix tops 50M subscribers as 2Q earnings soar

    Netflix tops 50M subscribers as 2Q earnings soar

    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.
    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.
  • Airlines ban flights to Israel after rocket strike

    Airlines ban flights to Israel after rocket strike

    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...
    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...
  • Ackman goes after Herbalife's nutrition clubs

    Ackman goes after Herbalife's nutrition clubs

    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...
    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...
  • Gulf oil spill: Ex-BP engineer's retrial postponed

    Gulf oil spill: Ex-BP engineer's retrial postponed

    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...
    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...
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