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  • US stocks drift following mixed corporate earnings

    US stocks drift following mixed corporate earnings

    Wednesday, July 23 2014 12:01 PM EDT2014-07-23 16:01:05 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.
  • Agents get subsidized 'Obamacare' using fake IDs

    Agents get subsidized 'Obamacare' using fake IDs

    Wednesday, July 23 2014 11:57 AM EDT2014-07-23 15:57:46 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.
  • Senate bill targets companies that move overseas

    Senate bill targets companies that move overseas

    Wednesday, July 23 2014 11:57 AM EDT2014-07-23 15:57:23 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.
  • Senate panel backs McDonald for VA secretary

    Senate panel backs McDonald for VA secretary

    Wednesday, July 23 2014 11:57 AM EDT2014-07-23 15:57:14 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.
    A Senate panel on Wednesday endorsed former Procter & Gamble CEO Robert McDonald to be the new secretary of the Department of Veterans Affairs.
  • European carriers suspend more Tel Aviv flights

    European carriers suspend more Tel Aviv flights

    Wednesday, July 23 2014 11:56 AM EDT2014-07-23 15:56:22 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 ongoing safety concerns amid the fighting between Israel and Hamas.
  • SEC poised to end $1 a share for some money funds

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

    Wednesday, July 23 2014 11:54 AM EDT2014-07-23 15:54:38 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 prepared 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.
  • 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.
  • IMF cuts forecast for US economic growth in 2014

    IMF cuts forecast for US economic growth in 2014

    Wednesday, July 23 2014 11:53 AM EDT2014-07-23 15:53:20 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.
    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.
  • New safety rules proposed to curb oil train fires

    New safety rules proposed to curb oil train fires

    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...
    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...
  • China detains employees of suspect meat seller

    China detains employees of suspect meat seller

    Wednesday, July 23 2014 11:33 AM EDT2014-07-23 15:33:49 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...
  • 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.
  • US stocks mixed as earnings reports roll in

    US stocks mixed as earnings reports roll in

    Wednesday, July 23 2014 11:33 AM EDT2014-07-23 15:33:40 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.
    Stock indexes were mostly higher in late-morning trading Wednesday as investors weighed positive earnings in the technology sector against disappointing news out of aircraft giant Boeing and the appliance maker Whirlpool....
  • 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.
  • Delta 2Q profit rises 17 percent

    Delta 2Q profit rises 17 percent

    Wednesday, July 23 2014 9:07 AM EDT2014-07-23 13:07:03 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.
  • 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...
  • Judges in health care rulings vote party line

    Judges in health care rulings vote party line

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

    AP source: Thieves got into 1K StubHub accounts

    Wednesday, July 23 2014 2:03 AM EDT2014-07-23 06:03:45 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.
  • 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.
  • Microsoft CEO sees 'bold' plan as 4Q tops Street

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

    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.
    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...
  • 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...
  • Undercover probe finds health law failings

    Undercover probe finds health law failings

    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.
    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.
  • Apple post biggest earnings gain in nearly 2 years

    Apple post biggest earnings gain in nearly 2 years

    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.
    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.
  • Contrarian's case: Why US could dip into recession

    Contrarian's case: Why US could dip into recession

    Tuesday, July 22 2014 6:11 PM EDT2014-07-22 22:11:24 GMT
    Just as the U.S. economy is strengthening, other countries are threatening to drag it down.
    Just as the U.S. economy is strengthening, other countries are threatening to drag it down.
  • Plane crash bodies removed from war zone

    Plane crash bodies removed from war zone

    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.
    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...
  • Big issues loom for Congress as Aug. recess nears

    Big issues loom for Congress as Aug. recess nears

    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...
    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.
  • NY judge orders 24-7 Argentina debt talks

    NY judge orders 24-7 Argentina debt talks

    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.
    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."
  • US stocks climb as earnings reports roll in

    US stocks climb as earnings reports roll in

    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...
    Solid earnings for a range of big companies helped nudge the stock market higher on Tuesday.
  • Solid earnings drive more gains in US stocks

    Solid earnings drive more gains in US stocks

    Tuesday, July 22 2014 4:21 PM EDT2014-07-22 20:21:02 GMT
    U.S. stocks are closing higher as more companies turn in solid earnings.
    U.S. stocks are closing higher as more companies turn in solid earnings.
  • Bond insurers vow to fight Detroit financial plan

    Bond insurers vow to fight Detroit financial plan

    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...
    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...
  • Amid sanctions, France in warship sale to Russia

    Amid sanctions, France in warship sale to Russia

    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.
    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...
  • Gaza blockade key to any Israel-Hamas truce deal

    Gaza blockade key to any Israel-Hamas truce deal

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

    Target debuts an image-recognition shopping app

    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...
    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...
  • Protect yourself from identity theft

    Protect yourself from identity theft

    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,...
    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...
  • European agency urges airlines to avoid Tel Aviv

    European agency urges airlines to avoid Tel Aviv

    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.
    The European Aviation Safety Agency says it "strongly recommends" that airlines refrain from operating flights to and from Tel Aviv.
  • US job-training review emphasizes data, employers

    US job-training review emphasizes data, employers

    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.
    As the U.S. economy adds new jobs, Americans must have the skills to fill those jobs, President Barack Obama said Tuesday.
  • Coke's sales miss estimates as Diet Coke flags

    Coke's sales miss estimates as Diet Coke flags

    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.
    Coca-Cola Co. reported sales that fell short of Wall Street estimates on Tuesday as demand weakened for Diet Coke in North America.
  • Comcast 2Q earnings top views on Internet hookups

    Comcast 2Q earnings top views on Internet hookups

    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.
    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.
  • Saudi stock market to allow foreign investment

    Saudi stock market to allow foreign investment

    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.
    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.
  • Appeals court in Va. upholds health care subsidies

    Appeals court in Va. upholds health care subsidies

    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.
    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.
  • McDonald's profit slips; US sales decline

    McDonald's profit slips; US sales decline

    Tuesday, July 22 2014 12:50 PM EDT2014-07-22 16:50:33 GMT
    McDonald's Corp. (MCD) on Tuesday reported earnings that declined by 0.7 percent in its second quarter, and missed analysts' expectations.
    McDonald's Corp. said its profit slipped in the second quarter as sales in the U.S. continued to flag.
  • Goodwill, feds investigate possible data breach

    Goodwill, feds investigate possible data breach

    Tuesday, July 22 2014 12:20 PM EDT2014-07-22 16:20:57 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.
  • Verizon launches rewards program with tracking

    Verizon launches rewards program with tracking

    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...
    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...
  • US home sales increase 2.6 percent in June

    US home sales increase 2.6 percent in June

    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.
    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.
  • Credit Suisse in steep loss after US tax case

    Credit Suisse in steep loss after US tax case

    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.
    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.
  • Stocks move higher; Comcast, Lockheed gain

    Stocks move higher; Comcast, Lockheed gain

    Tuesday, July 22 2014 12:05 PM EDT2014-07-22 16:05:50 GMT
    U.S. stocks are moving higher in midday trading as more companies turn in solid earnings reports.
    U.S. stocks are moving higher in midday trading as more companies turn in solid earnings reports.
  • Ukraine tensions see euro come off boil

    Ukraine tensions see euro come off boil

    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.
    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.
  • US consumer prices up 0.3 percent in June

    US consumer prices up 0.3 percent in June

    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.
    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.
  • Stocks open higher; Comcast, Lockheed gain

    Stocks open higher; Comcast, Lockheed gain

    Tuesday, July 22 2014 10:04 AM EDT2014-07-22 14:04:59 GMT
    U.S. stocks are moving higher in early trading as more companies turn in solid earnings reports.
    U.S. stocks are moving higher in early trading as more companies turn in solid earnings reports.
  • Marlboro maker Altria's 2Q profit stays flat

    Marlboro maker Altria's 2Q profit stays flat

    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.
    Marlboro maker Altria Group posted flat second-quarter earnings Tuesday as higher prices helped to offset decline in the number of cigarettes it sold.
  • Verizon 2Q profit rises 93 percent

    Verizon 2Q profit rises 93 percent

    Tuesday, July 22 2014 9:03 AM EDT2014-07-22 13:03:55 GMT
    Verizon is reporting that its second-quarter earnings nearly doubled after securing full ownership of Verizon Wireless.
    Verizon reported Tuesday that its second-quarter earnings nearly doubled after it secured full ownership of Verizon Wireless.
  • Oil gains further on concerns over Ukraine, Gaza

    Oil gains further on concerns over Ukraine, Gaza

    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.
    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...
  • CIT Group buying OneWest Bank in $3.4B deal

    CIT Group buying OneWest Bank in $3.4B deal

    Tuesday, July 22 2014 7:30 AM EDT2014-07-22 11:30:51 GMT
    CIT Group is buying regional bank OneWest Bank in a $3.4 billion cash-and-stock deal.
    CIT Group will buy privately owned OneWest Bank in a $3.4 billion cash-and-stock deal.
  • DuPont 2Q profit climbs 3.9 percent

    DuPont 2Q profit climbs 3.9 percent

    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.
    DuPont Co. (DD) on Tuesday reported net income that climbed by 3.9 percent in its second quarter, matching analyst expectations.
  • Axed Nokia X phones suffered from lack of identity

    Axed Nokia X phones suffered from lack of identity

    Tuesday, July 22 2014 7:22 AM EDT2014-07-22 11:22:00 GMT
    The Nokia X phones that Microsoft discontinued this week blend two rival operating systems, but leave out the best of each.
    The Nokia X phones that Microsoft discontinued this week blend two rival operating systems, but leave out the best of each.
  • Verizon boosts FiOS uploads to match downloads

    Verizon boosts FiOS uploads to match downloads

    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.
    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.
  • Amazon rolls out 'Netflix-for-books' style service

    Amazon rolls out 'Netflix-for-books' style service

    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.
    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.
  • Detroit retirees vote in favor of pension cuts

    Detroit retirees vote in favor of pension cuts

    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.
    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.
  • Rebels release train with bodies from downed jet

    Rebels release train with bodies from downed jet

    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...
    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.
  • Judge tosses Wisconsin senator's health care suit

    Judge tosses Wisconsin senator's health care suit

    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...
    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,...
  • JetBlue pilot among 6 arrested in Boston drug bust

    JetBlue pilot among 6 arrested in Boston drug bust

    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.
    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.
  • Beef pollutes more than pork, poultry, study says

    Beef pollutes more than pork, poultry, study says

    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.
    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.
  • US stock slip to start the week; Six Flags sinks

    US stock slip to start the week; Six Flags sinks

    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.
    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.
  • Weak earnings, Ukraine tensions weigh on stocks

    Weak earnings, Ukraine tensions weigh on stocks

    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.
    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.
  • Star Wars Car, a Doomsday doll: Toys of Comic-Con

    Star Wars Car, a Doomsday doll: Toys of Comic-Con

    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.
    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...
  • German supermarket tycoon Albrecht dead at 94

    German supermarket tycoon Albrecht dead at 94

    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.
    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.
  • Allergan to cut 1,500 employees in restructuring

    Allergan to cut 1,500 employees in restructuring

    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.
    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...
  • US stocks slip following mixed company earnings

    US stocks slip following mixed company earnings

    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.
    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.
  • Oil prices rebound above $103 on geopolitical risk

    Oil prices rebound above $103 on geopolitical risk

    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...
    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.
  • US stocks open lower as more earnings roll in

    US stocks open lower as more earnings roll in

    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.
    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.
  • US companies report rising sales, employment in 2Q

    US companies report rising sales, employment in 2Q

    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...
    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...
  • Russia's Severstal selling US plants for $2.3B

    Russia's Severstal selling US plants for $2.3B

    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.
    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.
  • Tesco chief Philip Clarke to step down

    Tesco chief Philip Clarke to step down

    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.
    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.
  • RJ Reynolds vows to fight $23.6B in damages

    RJ Reynolds vows to fight $23.6B in damages

    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.
    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.
  • Family spokesman: Ex-Oregon Gov. Vic Atiyeh dies

    Family spokesman: Ex-Oregon Gov. Vic Atiyeh dies

    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.
    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.
  • After hybrid success, Toyota gambles on fuel cell

    After hybrid success, Toyota gambles on fuel cell

    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.
    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.
  • Facebook tests 'Buy' button

    Facebook tests 'Buy' button

    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.
    Facebook is testing a "Buy" button in its latest effort to help businesses boost their sales through the world's biggest online social network.
  • Google's 2Q revenue gains eclipse earnings miss

    Google's 2Q revenue gains eclipse earnings miss

    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,...
    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.
  • Microsoft CEO pivots sharply with 18,000 job cut

    Microsoft CEO pivots sharply with 18,000 job cut

    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.
    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...
  • Q&A: How Malaysia Airlines can salvage its brand

    Q&A: How Malaysia Airlines can salvage its brand

    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...
    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,...
  • Plane crashes near New York's Lake Placid; 3 dead

    Plane crashes near New York's Lake Placid; 3 dead

    Sunday, July 20 2014 11:49 PM EDT2014-07-21 03:49:51 GMT
    New York State Police say a small plane has crashed near Lake Placid, killing all three people on board.
    A small plane crashed Saturday while attempting to land at an airport near Lake Placid, killing all three people on board.
  • Airlines symbolize nations' hopes or reflect shame

    Airlines symbolize nations' hopes or reflect shame

    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.
    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.
  • Bodies from downed jet piled in boxcars in Ukraine

    Bodies from downed jet piled in boxcars in Ukraine

    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.
    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...
  • Why airlines didn't avoid risky Ukraine airspace

    Why airlines didn't avoid risky Ukraine airspace

    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...
    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...
  • Distraught Dutch mother: 'Send my children home'

    Distraught Dutch mother: 'Send my children home'

    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...
    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,...
  • 'Apes' outmuscles 'The Purge' at box office

    'Apes' outmuscles 'The Purge' at box office

    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.
    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.
  • Lightning a threat to ND saltwater disposal sites

    Lightning a threat to ND saltwater disposal sites

    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...
    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...
  • FedEx charged with assisting illegal pharmacies

    FedEx charged with assisting illegal pharmacies

    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.
    Federal authorities on Thursday charged FedEx with assisting illegal pharmacies by knowingly delivering painkillers and dangerous drugs to customers without prescriptions.
  • States sue 5-Hour Energy over ad claims

    States sue 5-Hour Energy over ad claims

    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.
    Two attorneys general from the Northwest have sued the companies responsible for the popular 5-Hour Energy drink, alleging they engaged in deceptive advertising.
  • Studies see new risks for cholesterol drug niacin

    Studies see new risks for cholesterol drug niacin

    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....
    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...
  • Ukraine crisis shows divisions in old Soviet bloc

    Ukraine crisis shows divisions in old Soviet bloc

    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...
    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...
  • Double disasters taint Malaysia Airlines

    Double disasters taint Malaysia Airlines

    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...
    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.
  • Monitors try to secure Ukraine plane crash site

    Monitors try to secure Ukraine plane crash site

    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.
    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...
  • Study says national parks boost economy in West

    Study says national parks boost economy in West

    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.
    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.
  • Fox bid for Time Warner sparks content merger race

    Fox bid for Time Warner sparks content merger race

    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.
    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.
  • DNA being collected to ID Ukraine crash victims

    DNA being collected to ID Ukraine crash victims

    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.
    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...
  • Fewer gas leaks found in cities with new pipes

    Fewer gas leaks found in cities with new pipes

    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.
    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...
  • Credible probe sought in downing of Malaysian jet

    Credible probe sought in downing of Malaysian jet

    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.
    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...
  • Federal judge sends key GM case to Georgia court

    Federal judge sends key GM case to Georgia court

    Saturday, July 19 2014 12:04 AM EDT2014-07-19 04:04:07 GMT
    A federal judge in Atlanta has sent an important wrongful death lawsuit against General Motors back to a Georgia court.
    A federal judge in Atlanta has sent an important wrongful death lawsuit against General Motors back to a Georgia court.
  • Genentech Alzheimer's drug misses goals in studies

    Genentech Alzheimer's drug misses goals in studies

    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...
    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...
  • US stocks mount strong rebound on company earnings

    US stocks mount strong rebound on company earnings

    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.
    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.
  • Stronger earnings from Google, others drive stocks

    Stronger earnings from Google, others drive stocks

    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.
    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.
  • New Toyota minivan makes it easier to yell at kids

    New Toyota minivan makes it easier to yell at kids

    Friday, July 18 2014 4:03 PM EDT2014-07-18 20:03:45 GMT
    Toyota wants to help you scream at your unruly kids.
    Toyota wants to help you scream at your unruly kids.
  • Ranking US states by job creation in past 5 years

    Ranking US states by job creation in past 5 years

    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.
    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.
  • Forbes sells majority stake to group of investors

    Forbes sells majority stake to group of investors

    Friday, July 18 2014 3:38 PM EDT2014-07-18 19:38:14 GMT
    Forbes said Friday it will sell a majority stake in the family owned magazine publisher to a Hong Kong-based investor group.
    Forbes said Friday it will sell a majority stake in the family owned magazine publisher to a Hong Kong-based investor group.
  • Electrolux posts Q2 loss on restructuring costs

    Electrolux posts Q2 loss on restructuring costs

    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...
    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.
  • Glance: Biggest corporate deals so far this year

    Glance: Biggest corporate deals so far this year

    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:
    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:
  • Markets steady but Malaysia jet jitters remain

    Markets steady but Malaysia jet jitters remain

    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.
    Markets settled down Friday but jitters over the downing of a Malaysian jetliner over Ukraine remained at the fulcrum of investors' thoughts.
  • US stocks move higher as companies post results

    US stocks move higher as companies post results

    Friday, July 18 2014 12:04 PM EDT2014-07-18 16:04:47 GMT
    U.S. stocks are moving higher after Google, Honeywell and other big companies report their quarterly results.
    U.S. stocks are moving higher after Google, Honeywell and other big companies report their quarterly results.
  • AbbVie, Shire agree on $55B combination

    AbbVie, Shire agree on $55B combination

    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.
    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...
  • US-EU trade talks sour amid chlorine chicken fears

    US-EU trade talks sour amid chlorine chicken fears

    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...
    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...
  • Gauge of US economy rises 0.3 percent in June

    Gauge of US economy rises 0.3 percent in June

    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.
    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.
  • Strike threat plays to Cuomo's image as pragmatist

    Strike threat plays to Cuomo's image as pragmatist

    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...
    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...
  • US stocks rise as companies post results

    US stocks rise as companies post results

    Friday, July 18 2014 9:59 AM EDT2014-07-18 13:59:37 GMT
    U.S. stocks are opening higher after Google, Honeywell and other big companies report their quarterly results.
    U.S. stocks are opening higher after Google, Honeywell and other big companies report their quarterly results.
  • Kia recalls nearly 52,000 Souls to fix steering

    Kia recalls nearly 52,000 Souls to fix steering

    Friday, July 18 2014 9:27 AM EDT2014-07-18 13:27:53 GMT
    Kia is recalling nearly 52,000 Soul small SUVs to fix a problem that can cause steering failure.
    Kia is recalling nearly 52,000 Soul small SUVs to fix a problem that can cause steering failure.
  • GE 2Q profit jumps 13 pct on aviation, oil and gas

    GE 2Q profit jumps 13 pct on aviation, oil and gas

    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.
    General Electric's net income rose 13 percent in the second quarter on strong performance from its aviation and oil and gas divisions.
  • French train crash: Signal problems, uneven speed

    French train crash: Signal problems, uneven speed

    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.
    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.
  • Ukraine: Pro-Russia rebels downed Malaysian plane

    Ukraine: Pro-Russia rebels downed Malaysian plane

    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.
    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...
  • Malaysia says jetliner did not make distress call

    Malaysia says jetliner did not make distress call

    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.
    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...
  • Israel invades Gaza after Hamas rejects truce

    Israel invades Gaza after Hamas rejects truce

    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.
    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...
  • US unemployment aid applications drop to 302,000

    US unemployment aid applications drop to 302,000

    Thursday, July 17 2014 10:10 PM EDT2014-07-18 02:10:21 GMT
    The number of people seeking U.S. unemployment benefits fell last week, a steady decline that suggests a strengthening job market.
    The number of people seeking U.S. unemployment benefits fell last week, a steady decline that suggests a strengthening job market.
  • For Malaysia Airlines, disaster strikes twice

    For Malaysia Airlines, disaster strikes twice

    Thursday, July 17 2014 9:30 PM EDT2014-07-18 01:30:36 GMT
    Two Boeing 777s. Two incredibly rare aviation disasters. And one airline.
    Two Boeing 777s. Two incredibly rare aviation disasters. And one airline.
  • Clinton: Will have 'specific agenda' if she runs

    Clinton: Will have 'specific agenda' if she runs

    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."
    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...
  • Senators call on GM CEO to fire top lawyer

    Senators call on GM CEO to fire top lawyer

    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.
    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.
  • Jet downing, weak earnings rattle stock market

    Jet downing, weak earnings rattle stock market

    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.
    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...
  • Airbus beats Boeing in airshow orders race

    Airbus beats Boeing in airshow orders race

    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.
    Airbus beat rival Boeing in the aircraft order stakes at this year's Farnborough International Airshow, getting nearly twice as many orders and commitments.
  • Report: Labor force drop had pre-recession roots

    Report: Labor force drop had pre-recession roots

    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...
    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...
  • EPA: Duke done dredging coal ash from NC river

    EPA: Duke done dredging coal ash from NC river

    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.
    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.
  • Chinese woman in trade secrets case seeks release

    Chinese woman in trade secrets case seeks release

    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.
    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.
  • Apple may refund $400M in digital book settlement

    Apple may refund $400M in digital book settlement

    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.
    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.
  • Jet downing, weak earnings rattle stock market

    Jet downing, weak earnings rattle stock market

    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.
    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.
  • Hard Rock Hotel & Casino to open at Lake Tahoe

    Hard Rock Hotel & Casino to open at Lake Tahoe

    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.
    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.
  • House passes tax breaks to boost charitable giving

    House passes tax breaks to boost charitable giving

    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.
    The House passed a package of tax breaks Thursday designed to boost charitable donations by seniors, private foundations and procrastinators.
  • Largest US insurer's move signals industry shift

    Largest US insurer's move signals industry shift

    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...
    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...
  • Senators call on GM CEO to fire top lawyer

    Senators call on GM CEO to fire top lawyer

    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.
    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...
  • Fiat denies merger talks with VW

    Fiat denies merger talks with VW

    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.
    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.
  • For US and Europe, divisions over Russia penalties

    For US and Europe, divisions over Russia penalties

    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...
    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...
  • Arabtec shares suspended on Dubai Financial Market

    Arabtec shares suspended on Dubai Financial Market

    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...
    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...
  • Morgan Stanley quarterly profit more than doubles

    Morgan Stanley quarterly profit more than doubles

    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.
    Morgan Stanley said Thursday that its quarterly profit more than doubled, thanks to strong performances from its investment banking and money-management units.
  • Markets roiled by fresh US sanctions on Russia

    Markets roiled by fresh US sanctions on Russia

    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.
    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.
  • Stocks edge lower in midday trading; Mattel sinks

    Stocks edge lower in midday trading; Mattel sinks

    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.
    By The Associated Press Stocks are moving slightly lower at midday following mixed news about the economy and the latest batch of corporate earnings.
  • Average US mortgage rates dip slightly

    Average US mortgage rates dip slightly

    Thursday, July 17 2014 11:48 AM EDT2014-07-17 15:48:44 GMT
    Average U.S. mortgage rates declined slightly this week with rates remaining near historic lows.
    Average U.S. mortgage rates declined slightly this week with rates remaining near historic lows.
  • Japan approves joint missile study, export to US

    Japan approves joint missile study, export to US

    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.
    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.
  • Factory growth fastest in 3 years in Philly region

    Factory growth fastest in 3 years in Philly region

    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.
    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.
  • UnitedHealth's 2Q profit slips 2 percent

    UnitedHealth's 2Q profit slips 2 percent

    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...
    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...
  • Oil surges to near $103 as US stockpiles fall

    Oil surges to near $103 as US stockpiles fall

    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.
    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.
  • Criminal charge recommended against ousted Thai PM

    Criminal charge recommended against ousted Thai PM

    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.
    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.
  • Stocks edge lower in early trading; Mattel sinks

    Stocks edge lower in early trading; Mattel sinks

    Thursday, July 17 2014 9:58 AM EDT2014-07-17 13:58:27 GMT
    By The Associated Press Stocks are opening slightly lower following mixed news about the economy and the latest batch of corporate earnings.
    By The Associated Press Stocks are opening slightly lower following mixed news about the economy and the latest batch of corporate earnings.
  • Philip Morris Int'l 2Q profit falls 13 percent

    Philip Morris Int'l 2Q profit falls 13 percent

    Thursday, July 17 2014 9:57 AM EDT2014-07-17 13:57:58 GMT
    Philip Morris International's second-quarter profit declined 13 percent, stung by foreign exchange rates for the U.S. dollar.
    Philip Morris International's second-quarter profit declined 13 percent, stung by foreign exchange rates for the U.S. dollar.
  • US home construction drops 9.3 percent in June

    US home construction drops 9.3 percent in June

    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.
    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.
  • Putin: US sanctions hurt bilateral ties, US firms

    Putin: US sanctions hurt bilateral ties, US firms

    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.
    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.
  • Microsoft to cut up to 18,000 jobs over next year

    Microsoft to cut up to 18,000 jobs over next year

    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.
    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.
  • Turkey cuts rates again as volatility eases

    Turkey cuts rates again as volatility eases

    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.
    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.
  • Australia repeals maligned 2-year-old carbon tax

    Australia repeals maligned 2-year-old carbon tax

    Thursday, July 17 2014 7:58 AM EDT2014-07-17 11:58:36 GMT
    Australia's government repealed a much-maligned carbon tax on the nation's worst greenhouse gas polluters on Thursday, ending years of contention over a measure that became political poison for the...
    Australia's government repealed a much-maligned carbon tax on the nation's worst greenhouse gas polluters on Thursday, ending years of contention over a measure that became political poison for the lawmakers who...
  • Japan wary as US, Europe up sanctions on Russia

    Japan wary as US, Europe up sanctions on Russia

    Thursday, July 17 2014 4:27 AM EDT2014-07-17 08:27:51 GMT
    For Japan, the ramping up of sanctions by the West against Russia can be summed up in a familiar phrase: It's complicated.
    For Japan, the ramping up of sanctions by the West against Russia can be summed up in a familiar phrase: It's complicated.
  • Senate panel examining role of GM legal department

    Senate panel examining role of GM legal department

    Thursday, July 17 2014 3:30 AM EDT2014-07-17 07:30:40 GMT
    A Senate panel will pose questions to a new set of key players Thursday as it delves deeper into General Motors' delayed recall of millions of small cars.
    A Senate panel will pose questions to a new set of key players Thursday as it delves deeper into General Motors' delayed recall of millions of small cars.
  • Nissan CEO: Japan female bosses goal too ambitious

    Nissan CEO: Japan female bosses goal too ambitious

    Thursday, July 17 2014 3:14 AM EDT2014-07-17 07:14:37 GMT
    Nissan's chief executive, who has long made a point of promoting women to management positions, said the Japanese prime minister's plan to boost female bosses to 30 percent by 2020 is too ambitious.
    Nissan's chief executive, who has long made a point of promoting women to management positions, said the Japanese prime minister's plan to boost female bosses to 30 percent by 2020 is too ambitious.
  • Novartis cites momentum in 3 percent profit rise

    Novartis cites momentum in 3 percent profit rise

    Thursday, July 17 2014 2:39 AM EDT2014-07-17 06:39:20 GMT
    Swiss pharmaceutical company Novartis AG says its second-quarter profit rose 3 percent from a year earlier, reflecting solid growth and an increased focus on core products.
    Swiss pharmaceutical company Novartis AG posted a 3 percent rise in second-quarter profits Thursday, reflecting what it described as solid growth and an increased focus on core products.
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