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  • Last year's deadbeats do best as stocks stall

    Last year's deadbeats do best as stocks stall

    Thursday, April 24 2014 3:24 AM EDT2014-04-24 07:24:57 GMT
    Financial markets rarely stick to the script, and this year is no different.
    Financial markets rarely stick to the script, and this year is no different.
  • Obama: US would defend Japan in islands dispute

    Obama: US would defend Japan in islands dispute

    Thursday, April 24 2014 3:24 AM EDT2014-04-24 07:24:52 GMT
    President Barack Obama is opening a four-country visit to the Asia-Pacific region in Japan, but the West's dispute with Russia over Ukraine is looming.
    Showing solidarity with Japan, President Barack Obama affirmed Thursday that the U.S. would be obligated to defend Tokyo in a confrontation with Beijing over a set of disputed islands, but urged all sides to resolve the...
  • Heineken returns to growth in Western Europe

    Heineken returns to growth in Western Europe

    Thursday, April 24 2014 3:14 AM EDT2014-04-24 07:14:57 GMT
    Heineken NV says it has returned to growth in its crucial Western Europe market in the first quarter, after a long period of stagnation. "Organic" sales - measured by operations held in both years, stripping out...
    Heineken NV says it has returned to growth in its crucial Western Europe market in the first quarter, after a long period of stagnation. Organic sales - a figure which strips out the effects of currencies and acquisitions...
  • Unilever first quarter sales hit by strong euro

    Unilever first quarter sales hit by strong euro

    Thursday, April 24 2014 2:54 AM EDT2014-04-24 06:54:27 GMT
    Unilever PLC, the maker of consumer products such as Dove soaps and Ben & Jerry's ice cream, says its underlying sales grew in the first quarter, but revenue was down due to a big impact from the stronger...
    Unilever PLC, the maker of consumer products such as Dove soaps and Ben & Jerry's ice cream, says its underlying sales grew in the first quarter, but revenue was down due to a big impact from the stronger euro.
  • Obama: New sanctions against Russia are 'teed up'

    Obama: New sanctions against Russia are 'teed up'

    Thursday, April 24 2014 1:55 AM EDT2014-04-24 05:55:34 GMT
    Warning Russia that new economic sanctions are "teed up," President Barack Obama accused Moscow of failing to live up to an agreement last week to ease tensions in eastern Ukraine.
    Warning Russia that new economic sanctions are "teed up," President Barack Obama accused Moscow of failing to live up to an agreement last week to ease tensions in eastern Ukraine.
  • Wyoming gas explosion prompts evacuation of town

    Wyoming gas explosion prompts evacuation of town

    Thursday, April 24 2014 1:46 AM EDT2014-04-24 05:46:04 GMT
    Residents and emergency crews were waiting for a fire to burn itself out after an explosion at a natural gas processing plant in a small town in southwestern Wyoming.
    Residents and emergency crews were waiting for a fire to burn itself out after an explosion at a natural gas processing plant in a small town in southwestern Wyoming.
  • Vermont moves toward labeling of GMO foods

    Vermont moves toward labeling of GMO foods

    Thursday, April 24 2014 1:45 AM EDT2014-04-24 05:45:16 GMT
    Vermont lawmakers have passed the country's first state bill to require the labeling of genetically modified foods as such, setting up a war between the behemoth U.S. food industry and an American public that...
    Vermont lawmakers have passed the country's first state bill to require the labeling of genetically modified foods as such, setting up a war between powerful lobbyists for the behemoth U.S. food industry and an...
  • In Disney's shadow, homeless families struggle

    In Disney's shadow, homeless families struggle

    Thursday, April 24 2014 1:34 AM EDT2014-04-24 05:34:30 GMT
    When they moved from Georgia to the theme park playground of central Florida four years ago, Anthony and Candice Johnson found work at a barbecue restaurant and a 7-Eleven. Their combined salaries nevertheless fell...
    When they moved from Georgia to the theme park playground of central Florida four years ago, Anthony and Candice Johnson found work at a barbecue restaurant and a 7-Eleven. Their combined salaries nevertheless fell short...
  • Obama: Time is now to resolve trade pact issues

    Obama: Time is now to resolve trade pact issues

    Thursday, April 24 2014 12:34 AM EDT2014-04-24 04:34:46 GMT
    President Barack Obama says the time is now to resolve issues preventing the conclusion of a major, 12-nation trade agreement.
    President Barack Obama says the time is now to resolve issues preventing the conclusion of a major, 12-nation trade agreement.
  • China to open 8 state industries for investment

    China to open 8 state industries for investment

    Thursday, April 24 2014 12:24 AM EDT2014-04-24 04:24:52 GMT
    China's government says it will open 80 projects in eight state-run industries to private and foreign investors as part of efforts to make its slowing economy more efficient.
    China's government says it will open 80 projects in eight state-run industries to private and foreign investors as part of efforts to make its slowing economy more productive.
  • Asian stocks mixed on Obama visit, US dip

    Asian stocks mixed on Obama visit, US dip

    Wednesday, April 23 2014 9:44 PM EDT2014-04-24 01:44:35 GMT
    Shares were mixed Wednesday, as weak data from China sapped the upward momentum from an overnight rally on a flurry of deals in the pharmaceutical sector.
    Asian shares lacked a clear direction in early Thursday trading as players took a mostly wait-and-see view ahead of talks between Japan's prime minister and visiting President Barack Obama.
  • FCC to propose pay-for-priority Internet standards

    FCC to propose pay-for-priority Internet standards

    Wednesday, April 23 2014 9:35 PM EDT2014-04-24 01:35:05 GMT
    The Federal Communications Commission is set to propose new open Internet rules that would allow content companies to pay for faster delivery over the so-called "last mile" connection to people's homes.
    The Federal Communications Commission is set to propose new open Internet rules that would allow content companies to pay for faster delivery over the so-called "last mile" connection to people's homes, but enhance...
  • Buffett disapproves of Coca-Cola's pay plan

    Buffett disapproves of Coca-Cola's pay plan

    Wednesday, April 23 2014 9:34 PM EDT2014-04-24 01:34:37 GMT
    Warren Buffett says he disapproves of Coca-Cola's highly contested pay plan for its executives.
    Warren Buffett criticized Coca-Cola's pay plan for its executives on Wednesday.
  • Apple increases stock buyback, will split stock

    Apple increases stock buyback, will split stock

    Wednesday, April 23 2014 8:14 PM EDT2014-04-24 00:14:32 GMT
    Apple plans to buy back an additional $30 billion of its stock and raise its quarterly dividend by 8 percent amid a slowdown in revenue growth.
    Apple is doling out more of its cash to shareholders and preparing to split its stock for the first time in nine years in an attempt to win back investors fretting about the iPhone maker's slowing sales growth and pace...
  • Facebook 1Q results soar; CFO to step down

    Facebook 1Q results soar; CFO to step down

    Wednesday, April 23 2014 6:46 PM EDT2014-04-23 22:46:19 GMT
    Facebook's first-quarter earnings and revenue grew sharply, surpassing Wall Street's expectations thanks to an 82 percent increase in advertising revenue.
    Facebook's earnings nearly tripled and revenue grew sharply in the first quarter, surpassing Wall Street's expectations thanks to an 82 percent increase in advertising revenue.
  • Internet TV case: Justices skeptical, concerned

    Internet TV case: Justices skeptical, concerned

    Wednesday, April 23 2014 6:45 PM EDT2014-04-23 22:45:58 GMT
    The Supreme Court is taking up a dispute between broadcasters and an Internet startup company that has the potential to bring big changes to the television industry.
    Grappling with fast-changing technology, Supreme Court justices debated Tuesday whether they can protect the copyrights of TV broadcasters to the shows they send out without strangling innovations in the use of the internet.
  • US stocks edge lower after a six-day rise

    US stocks edge lower after a six-day rise

    Wednesday, April 23 2014 5:14 PM EDT2014-04-23 21:14:38 GMT
    By The Associated Press U.S. stock futures barely budged in pre-market trading Wednesday as positive earnings news from U.S. companies was offset by a disappointing economic report from China.
    Stocks edged mostly lower Wednesday, breaking a six-day winning streak, as investors were disappointed by the latest round of earnings from U.S. companies.
  • Buffett says stock prices are in reasonable range

    Buffett says stock prices are in reasonable range

    Wednesday, April 23 2014 4:44 PM EDT2014-04-23 20:44:38 GMT
    Investor Warren Buffett says most stocks are trading at reasonable prices even though the market has soared this year.
    Investor Warren Buffett says most stocks are trading at reasonable prices even though the market has soared this year.
  • Russian social media CEO quits, flees country

    Russian social media CEO quits, flees country

    Wednesday, April 23 2014 4:26 PM EDT2014-04-23 20:26:13 GMT
    The founder of Russia's leading social media network - a wunderkind often described as Russia's Mark Zuckerberg - has left his post as CEO and fled the country as cronies of President Vladimir Putin have...
    The founder of Russia's leading social media network - a wunderkind often described as Russia's Mark Zuckerberg - has left his post as CEO and fled the country as cronies of President Vladimir Putin have made...
  • A stock rally falters as US earnings disappoint

    A stock rally falters as US earnings disappoint

    Wednesday, April 23 2014 4:14 PM EDT2014-04-23 20:14:28 GMT
    The stock market is closing slightly lower as several U.S. companies report disappointing earnings.
    The stock market is closing slightly lower as several U.S. companies report disappointing earnings.
  • First lady announces one-stop job site for vets

    First lady announces one-stop job site for vets

    Wednesday, April 23 2014 3:55 PM EDT2014-04-23 19:55:09 GMT
    The government is developing a website to help job-seeking veterans and military spouses create resumes, make connections with employers and become part of a database that companies can mine for skills and talents.
    To help veterans leaving the military as it downsizes, the government on Wednesday started a one-stop job-shopping website for them to create resumes, connect with employers and become part of a database for companies to...
  • Amazon snares classic shows in deal with HBO

    Amazon snares classic shows in deal with HBO

    Wednesday, April 23 2014 2:45 PM EDT2014-04-23 18:45:26 GMT
    Amazon is teaming up with HBO, the first streaming arrangement agreed to by the cable network, in a deal that will make available to Amazon prime members some classic TV like "The Sopranos" and "The Wire."
    Fans of classic HBO shows like "The Sopranos" and "The Wire" will soon have access to those series and more through Amazon Prime in the first online streaming deal signed by the cable network.
  • Bloomberg invests $5M in solar-powered lamp

    Bloomberg invests $5M in solar-powered lamp

    Wednesday, April 23 2014 1:44 PM EDT2014-04-23 17:44:56 GMT
    Former New York Mayor Michael Bloomberg's foundation has announced a $5 million investment in an artsy-looking solar-powered lamp designed for use in off-grid populations in Africa.
    Former New York Mayor Michael Bloomberg's foundation on Tuesday announced a $5 million investment in an artsy-looking solar-powered lamp designed for use in off-grid populations in Africa.
  • Aereo CEO speaks on company, Supreme Court case

    Aereo CEO speaks on company, Supreme Court case

    Wednesday, April 23 2014 1:44 PM EDT2014-04-23 17:44:48 GMT
    Television broadcasters face off at the U.S. Supreme Court on Tuesday with Aereo, a company that offers live TV over the Internet. The case hinges on whether the service constitutes a public performance in...
    Television broadcasters face off at the U.S. Supreme Court on Tuesday with Aereo, a company that offers live TV over the Internet. The case hinges on whether the service constitutes a public performance in violation of...
  • Wellness programs grow more popular with employers

    Wellness programs grow more popular with employers

    Wednesday, April 23 2014 1:04 PM EDT2014-04-23 17:04:44 GMT
    By TOM MURPHY and CATHERINE LUCEY Associated Press That little voice nagging you to put down the cake and lace up the running shoes is increasingly coming from your employer and is likely to grow...
    By TOM MURPHY and CATHERINE LUCEY Associated Press That little voice nagging you to put down the cake and lace up the running shoes is increasingly coming from your employer and is likely to grow louder...
  • Norfolk Southern railroad 1Q profit falls 18 pct

    Norfolk Southern railroad 1Q profit falls 18 pct

    Wednesday, April 23 2014 12:54 PM EDT2014-04-23 16:54:35 GMT
    Norfolk Southern Corp.'s first-quarter profit fell 18 percent as severe winter weather slowed shipments and the railroad delivered 1 percent less freight overall.
    Norfolk Southern's first-quarter profit fell 18 percent as severe winter weather slowed the railroad's shipments and coal revenue dropped 15 percent.
  • Greek milestone helps Europe put crisis in past

    Greek milestone helps Europe put crisis in past

    Wednesday, April 23 2014 12:44 PM EDT2014-04-23 16:44:56 GMT
    Official figures show that governments across the 28-country European Union recorded lower budget deficits in 2013 amid lower spending and an economic recovery that shored up revenues.
    Europe's debt crisis is receding farther behind in the rear view mirror.
  • Microsoft expands ad-free Bing search for schools

    Microsoft expands ad-free Bing search for schools

    Wednesday, April 23 2014 12:24 PM EDT2014-04-23 16:24:53 GMT
    Microsoft is expanding a program that gives schools the ability to prevent ads from appearing in search results when they use its Bing search engine. The program, launched in a pilot program earlier this year, is...
    Microsoft is expanding a program that gives schools the ability to prevent ads from appearing in search results when they use its Bing search engine. The program, launched in a pilot program earlier this year, is now...
  • Labor Dept. cuts levels of allowable coal dust

    Labor Dept. cuts levels of allowable coal dust

    Wednesday, April 23 2014 12:24 PM EDT2014-04-23 16:24:42 GMT
    The Obama administration said Wednesday it is cutting the amount of coal dust allowed in coal mines in an effort to help reduce black lung disease.
    The Obama administration said Wednesday it is cutting the amount of coal dust allowed in coal mines in an effort to help reduce black lung disease.
  • Gannett 1Q net profit falls 43 pct

    Gannett 1Q net profit falls 43 pct

    Wednesday, April 23 2014 12:24 PM EDT2014-04-23 16:24:38 GMT
    Gannett Co. said Wednesday that its first-quarter net profit dropped 43 percent, pulled down by restructuring costs, but its adjusted profit managed to beat Wall Street predictions by a penny.
    Gannett Co. said Wednesday that its first-quarter net profit dropped 43 percent, pulled down by restructuring costs, but its adjusted profit managed to beat Wall Street predictions by a penny.
  • Faster production brings Boeing $965M 1Q profit

    Faster production brings Boeing $965M 1Q profit

    Wednesday, April 23 2014 12:14 PM EDT2014-04-23 16:14:46 GMT
    By SCOTT MAYEROWITZ AP Airlines Writer Boeing's increased rate of commercial jet manufacturing is starting to pay off for shareholders.
    By SCOTT MAYEROWITZ AP Airlines Writer Boeing's increased rate of commercial jet manufacturing is starting to pay off for shareholders.
  • Delta navigates nasty winter, tops profit forecast

    Delta navigates nasty winter, tops profit forecast

    Wednesday, April 23 2014 12:14 PM EDT2014-04-23 16:14:44 GMT
    Delta is making more money by filling more seats on its planes and fuel costs inch downward from last year.
    Delta Air Lines Inc. is making more money by filling more seats on its planes and paying a bit less for fuel.
  • Textron eliminating 750 Cessna, Beechcraft jobs

    Textron eliminating 750 Cessna, Beechcraft jobs

    Wednesday, April 23 2014 12:14 PM EDT2014-04-23 16:14:38 GMT
    Just over a month after buying Beechcraft for $1.4 billion, Textron announced 750 job cuts at that company and at its Cessna division.
    Just over a month after buying Beechcraft for $1.4 billion, Textron announced 750 job cuts at that company and at its Cessna division.
  • A stock rally falters as US earnings disappoint

    A stock rally falters as US earnings disappoint

    Wednesday, April 23 2014 12:05 PM EDT2014-04-23 16:05:02 GMT
    The stock market is slightly lower after a six-day advance as several U.S. companies report disappointing earnings.
    The stock market is slightly lower after a six-day advance as several U.S. companies report disappointing earnings.
  • Procter & Gamble 3Q net income up on cost cuts

    Procter & Gamble 3Q net income up on cost cuts

    Wednesday, April 23 2014 11:14 AM EDT2014-04-23 15:14:30 GMT
    Procter & Gamble Co.'s fiscal third-quarter net income rose 2 percent, bolstered by some lower expenses and a reduced tax rate.
    Procter & Gamble's fiscal third-quarter net income rose 2 percent as it cut costs to offset sluggish sales in categories like beauty and family products.
  • Spacious new Heathrow Terminal 2 set for opening

    Spacious new Heathrow Terminal 2 set for opening

    Wednesday, April 23 2014 11:14 AM EDT2014-04-23 15:14:29 GMT
    The rundown, overcrowded Terminal 2 at London's sprawling Heathrow Airport is long gone, about to be replaced by a spacious new building built to handle 20 million passengers each year.
    The rundown, overcrowded Terminal 2 at London's sprawling Heathrow Airport is long gone, about to be replaced by a spacious new building built to handle 20 million passengers each year.
  • Q&A: A French economist's grim view of wealth gap

    Q&A: A French economist's grim view of wealth gap

    Wednesday, April 23 2014 11:04 AM EDT2014-04-23 15:04:37 GMT
    If you'd like to live in Downton Abbey, the good news is that our economy has entered a second Gilded Age of opulence and elegance.
    If you'd like to live in Downton Abbey, the good news is that our economy has entered a second Gilded Age of opulence and elegance.
  • Union protests postal counters in Staples stores

    Union protests postal counters in Staples stores

    Wednesday, April 23 2014 10:54 AM EDT2014-04-23 14:54:59 GMT
    Postal workers plan protests in 27 states Thursday against the opening of postal counters in Staples stores that are staffed with Staples employees.
    Postal workers plan protests in 27 states Thursday against the opening of postal counters in Staples stores that are staffed with Staples employees.
  • Sales of new US homes plunge 14.5 percent in March

    Sales of new US homes plunge 14.5 percent in March

    Wednesday, April 23 2014 10:44 AM EDT2014-04-23 14:44:25 GMT
    The number of Americans buying new homes plummeted in March to the slowest pace in seven months, a sign that real estate's spring buying season is off to a weak start.
    The number of Americans buying new homes plummeted in March to the slowest pace in eight months, a sign that real estate's spring buying season is off to a weak start.
  • A stock rally falters as US earnings disappoint

    A stock rally falters as US earnings disappoint

    Wednesday, April 23 2014 10:04 AM EDT2014-04-23 14:04:59 GMT
    A six-day rally on the stock market is petering out as some U.S. companies report earnings that disappoint investors.
    A six-day rally on the stock market is petering out as some U.S. companies report earnings that disappoint investors.
  • Europe recovery shows signs of strengthening

    Europe recovery shows signs of strengthening

    Wednesday, April 23 2014 9:44 AM EDT2014-04-23 13:44:39 GMT
    Business activity in Europe has risen to its highest level in three years as a once-shaky economic recovery gains speed.
    A closely watched survey has found business activity across the 18-country eurozone running at a three-year high, in perhaps the clearest sign yet that the economic recovery is gaining momentum.
  • Oil below $102 as US crude supplies seen rising

    Oil below $102 as US crude supplies seen rising

    Wednesday, April 23 2014 9:44 AM EDT2014-04-23 13:44:25 GMT
    By PABLO GORONDI Associated Press The price of oil slipped closer to $104 a barrel Monday as investors weighed expectations of rising U.S. crude stockpiles against tensions in Ukraine.
    By PABLO GORONDI Associated Press The price of oil slipped further below $102 a barrel Wednesday as traders awaited weekly data that are expected to show rising U.S. crude stockpiles.
  • Yields fall sharply in Portuguese debt auction

    Yields fall sharply in Portuguese debt auction

    Wednesday, April 23 2014 9:05 AM EDT2014-04-23 13:05:23 GMT
    Portugal's chances of ending its three-year bailout program without requiring more help have increased after interest rates fell steeply in a 10-year bond auction.
    Portugal's chances of ending its three-year bailout program without requiring more help have increased after interest rates fell steeply in a 10-year bond auction Wednesday.
  • France raises deficit forecasts amid low growth

    France raises deficit forecasts amid low growth

    Wednesday, April 23 2014 8:05 AM EDT2014-04-23 12:05:57 GMT
    The French government has raised its public deficit forecasts amid slow growth, but is still pledging to meet the European Union deficit target of 3 percent next year.
    The French government has raised its public deficit forecasts amid slow growth, but is still pledging to meet the European Union deficit target of 3 percent next year.
  • Reynolds American 1Q profit falls more than 28 pct

    Reynolds American 1Q profit falls more than 28 pct

    Wednesday, April 23 2014 8:05 AM EDT2014-04-23 12:05:52 GMT
    Reynolds American Inc. says its first-quarter profit fell more than 28 percent as the company experienced lower cigarette sales and higher spending on its electronic cigarettes and legal costs.
    Reynolds American Inc.'s first-quarter profit fell more than 28 percent as the company sold fewer cigarettes and spent more on expanding its electronic cigarette brand and legal costs.
  • Finalists named in Bloomberg European city contest

    Finalists named in Bloomberg European city contest

    Wednesday, April 23 2014 6:04 AM EDT2014-04-23 10:04:48 GMT
    Twenty-one European cities from Cardiff, Wales, to Stara Zagora, Bulgaria, are finalists in a lucrative innovation contest devised by former New York Mayor Michael Bloomberg.
    Amsterdam wants to create an online game to get unemployed young people engaged in finding jobs across Europe. Schaerbeek, Belgium, envisions using geothermal mapping to give households personalized rundowns of steps to...
  • Ericsson in $260 million first-quarter profit

    Ericsson in $260 million first-quarter profit

    Wednesday, April 23 2014 2:35 AM EDT2014-04-23 06:35:17 GMT
    Wireless equipment maker Ericsson says first-quarter profit increased to 1.7 billion kronor ($260 million) mainly because of restructuring and licensing income even as revenue fell by 9 percent compared to the same...
    Wireless equipment maker Ericsson says first-quarter profit increased to 1.7 billion kronor ($260 million) mainly because of restructuring and licensing income even as revenue fell by 9 percent compared to the same period...
  • Toyota sells 2.58 million vehicles, outselling GM

    Toyota sells 2.58 million vehicles, outselling GM

    Wednesday, April 23 2014 2:24 AM EDT2014-04-23 06:24:29 GMT
    Toyota kept its position at the top in global vehicle sales for the first quarter of this year, outpacing rivals General Motors and Volkswagen.
    Toyota kept its position at the top in global vehicle sales for the first quarter of this year, outpacing rivals General Motors and Volkswagen.
  • Amnesty: Qatar fails to protect domestic workers

    Amnesty: Qatar fails to protect domestic workers

    Wednesday, April 23 2014 2:14 AM EDT2014-04-23 06:14:08 GMT
    An international human rights group has slammed Qatar for failing to protect foreign maids and other domestic workers from exploitation, adding pressure on the Gulf state over its labor practices as it gears up to...
    An international human rights group has slammed Qatar for failing to protect foreign maids and other domestic workers from exploitation, adding pressure on the Gulf state over its labor practices as it gears up to host the...
  • Australia lifts F-35 order from 14 to 72 fighters

    Australia lifts F-35 order from 14 to 72 fighters

    Wednesday, April 23 2014 1:04 AM EDT2014-04-23 05:04:06 GMT
    Australia has increased its order for F-35 Joint Strike Fighters by 58 to 72 to be fully operational by 2023 in a declaration of confidence in the troubled stealth war plane.
    Australia announced Wednesday that it had increased its order for F-35 Joint Strike Fighters by 58 to 72 to be fully operational by 2023 in a declaration of confidence in the troubled stealth war plane.
  • Asia shares mixed on lackluster China data

    Asia shares mixed on lackluster China data

    Wednesday, April 23 2014 12:14 AM EDT2014-04-23 04:14:11 GMT
    World stocks fluctuated Tuesday as a Wall Street rally powered by positive earnings reports offset investor cautiousness before a report on Chinese manufacturing and possible sanctions against Russia over Ukraine.
    Shares were mixed in Asia on Wednesday, as weak data from China sapped upward momentum from an overnight rally on a flurry of deals in the pharmaceutical sector.
  • Obama visit to Asia seen as counterweight to China

    Obama visit to Asia seen as counterweight to China

    Wednesday, April 23 2014 12:04 AM EDT2014-04-23 04:04:55 GMT
    President Barack Obama's travels through Asia in coming days aim to reassure partners about the renewed U.S. commitment to the region, with an eye both to China's rising assertiveness and the fast-growing...
    President Barack Obama's travels through Asia aim to reassure partners about the renewed U.S. commitment to the region, with an eye both to China's rising assertiveness and the fast-growing markets that are the...
  • Survey: China manufacturing shrinks for 4th month

    Survey: China manufacturing shrinks for 4th month

    Tuesday, April 22 2014 11:34 PM EDT2014-04-23 03:34:10 GMT
    An early survey says factory activity in China shrank at a slightly slower rate in April.
    Factory activity in China shrank for the fourth straight month in April, though the decline was slightly slower, a survey on Wednesday said, in a possible sign the slowdown in the world's No. 2 economy is stabilizing.
  • No solution in sight for China shoe factory strike

    No solution in sight for China shoe factory strike

    Tuesday, April 22 2014 8:54 PM EDT2014-04-23 00:54:00 GMT
    Workers on strike at a Chinese factory owned by the world's largest maker of athletic shoes have rejected management's latest offer.
    Workers on strike at a Chinese factory owned by the world's largest maker of athletic shoes have rejected management's latest offer in an ongoing labor dispute that is crimping production for brands such as Nike...
  • Valeant, Ackman make $45.6B Allergan bid

    Valeant, Ackman make $45.6B Allergan bid

    Tuesday, April 22 2014 8:44 PM EDT2014-04-23 00:44:04 GMT
    Valeant Pharmaceuticals and activist investor Bill Ackman have unveiled details of their offer to buy Botox maker Allergan, proposing a cash-and-stock deal that could be worth about $45 billion.
    Valeant Pharmaceuticals and activist investor Bill Ackman have unveiled details of their offer to buy Botox maker Allergan, proposing a cash-and-stock deal that could be worth about $45.6 billion.
  • Advocates vow to revive Navajo junk-food tax

    Advocates vow to revive Navajo junk-food tax

    Tuesday, April 22 2014 7:34 PM EDT2014-04-22 23:34:20 GMT
    Lawmakers on the country's largest American Indian reservation will consider a bill this week that could resurrect a proposal for a junk food tax.
    Facing a high prevalence of diabetes, many American Indian tribes are returning to their roots with community and home gardens, cooking classes that incorporate traditional foods, and running programs to encourage healthy...
  • Investor pressure pushing drugmaker M&A deals

    Investor pressure pushing drugmaker M&A deals

    Tuesday, April 22 2014 7:14 PM EDT2014-04-22 23:14:00 GMT
    By LINDA A. JOHNSON AP Business Writer Drugmakers eager to satisfy shareholders by boosting profits and share prices are wheeling, dealing and in one case even making trades like a pro sports team...
    By LINDA A. JOHNSON AP Business Writer Drugmakers eager to satisfy shareholders by boosting profits and share prices are wheeling, dealing and in one case even making trades like a pro sports team looking...
  • Comcast 1Q earns surge on upbeat NBC results

    Comcast 1Q earns surge on upbeat NBC results

    Tuesday, April 22 2014 6:46 PM EDT2014-04-22 22:46:05 GMT
    Comcast's first-quarter net income rose by nearly a third as ad revenue surged at broadcast network NBC, helped by the Winter Olympics in Sochi and Jimmy Fallon's elevation as host of "The Tonight Show."
    Comcast Corp. said Tuesday that its first-quarter net income rose by 30 percent as ad revenue surged at broadcast network NBC, helped by the Winter Olympics in Sochi and Jimmy Fallon's elevation as host of "The Tonight...
  • Health care site flagged in Heartbleed review

    Health care site flagged in Heartbleed review

    Tuesday, April 22 2014 6:45 PM EDT2014-04-22 22:45:44 GMT
    People who have accounts on the enrollment website for President Barack Obama's signature health care law are being told to change their passwords following an administration-wide review of the government's...
    People who have accounts on the enrollment website for President Barack Obama's signature health care law are being told to change their passwords following an administration-wide review of the government's...
  • AT&T had strong 1Q on wireless installment plans

    AT&T had strong 1Q on wireless installment plans

    Tuesday, April 22 2014 6:24 PM EDT2014-04-22 22:24:12 GMT
    AT&T says its first quarter earnings were unchanged from the first three months of last year, but revenue grew as the wireless business added more than 1 million subscribers.
    AT&T's wireless business had a strong first quarter as the company added more than 1 million subscribers and benefited from an installment plan that permits frequent phone upgrades.
  • Attacks on payment systems trail other cybercrimes

    Attacks on payment systems trail other cybercrimes

    Tuesday, April 22 2014 6:04 PM EDT2014-04-22 22:04:22 GMT
    While Target's massive data breach last year caused consumers to panic and drew attention to Internet crime, a new study finds that breaches on retailer payment systems are less common than other kinds of attacks.
    While the theft of millions of credit card numbers from Target customers last year drew attention to Internet crime, a new study finds that breaches of retail payment systems are less common than other kinds of attacks.
  • Earnings and corporate deals lift US stocks

    Earnings and corporate deals lift US stocks

    Tuesday, April 22 2014 5:14 PM EDT2014-04-22 21:14:05 GMT
    Stock futures were little changed Tuesday ahead of a report on existing home sales. Companies are also reporting first-quarter earnings.
    Corporate deals and some solid earnings reports propelled the stock market to its sixth straight gain Tuesday.
  • Maine baby lobster decline could end high catches

    Maine baby lobster decline could end high catches

    Tuesday, April 22 2014 5:04 PM EDT2014-04-22 21:04:24 GMT
    Scientists say the number of baby lobsters settling off the rocky coast of Maine continues to steadily decline - possibly foreshadowing an end to the recent record catches that have boosted New England's...
    The number of baby lobsters settling off the rocky coast of Maine continues to steadily decline - possibly foreshadowing an end to the recent record catches that have boosted New England's lobster fishery, scientists say.
  • Oklahoma faces budget crisis despite economic boom

    Oklahoma faces budget crisis despite economic boom

    Tuesday, April 22 2014 4:34 PM EDT2014-04-22 20:34:34 GMT
    Oklahoma's oil patch is booming, its capital city is thriving and the unemployment rate is falling through the floor, testifying to the state's roaring recovery from the recession.
    Oklahoma's oil patch is booming, its capital city is thriving and the unemployment rate is falling through the floor, testifying to the state's roaring recovery from the recession.
  • AT&T explores expansion of super-fast Internet

    AT&T explores expansion of super-fast Internet

    Tuesday, April 22 2014 4:34 PM EDT2014-04-22 20:34:27 GMT
    AT&T says it will expand super-fast Internet services to as many as 100 additional cities in 25 metropolitan areas.
    AT&T plans a major expansion of super-fast Internet services to cover as many as 100 municipalities in 25 metropolitan areas.
  • Apple offering free recycling of all used products

    Apple offering free recycling of all used products

    Tuesday, April 22 2014 4:34 PM EDT2014-04-22 20:34:24 GMT
    Apple is offering free recycling of all its used products and vowing to power all of its stores, offices and data centers with renewable energy to reduce the pollution caused by its devices and online services.
    Apple is offering free recycling of all its used products and vowing to power all of its stores, offices and data centers with renewable energy to reduce the pollution caused by its devices and online services.
  • Stocks move higher as more earnings roll in

    Stocks move higher as more earnings roll in

    Tuesday, April 22 2014 4:24 PM EDT2014-04-22 20:24:07 GMT
    The stock market is notching its sixth gain in a row as more U.S. companies report solid earnings.
    The stock market is notching its sixth gain in a row as more U.S. companies report solid earnings.
  • Harley-Davidson 1Q earnings roar ahead

    Harley-Davidson 1Q earnings roar ahead

    Tuesday, April 22 2014 3:13 PM EDT2014-04-22 19:13:55 GMT
    Harley-Davidson's first-quarter earnings rose 18.7 percent as motorcycle sales grew worldwide and efficiency efforts took hold.
    Harley-Davidson reported an 18.7 percent rise in first-quarter earnings, saying motorcycle sales grew 5.8 percent worldwide and efficiency efforts took hold during the quarter.
  • Hawaii is genetically engineered crop flash point

    Hawaii is genetically engineered crop flash point

    Tuesday, April 22 2014 2:54 PM EDT2014-04-22 18:54:27 GMT
    You can trace the genetic makeup of most corn grown in the U.S., and in many other places around the world, to Hawaii.
    You can trace the genetic makeup of most corn grown in the U.S., and in many other places around the world, to Hawaii.
  • GM, lawyers fight over bankruptcy protections

    GM, lawyers fight over bankruptcy protections

    Tuesday, April 22 2014 2:24 PM EDT2014-04-22 18:24:34 GMT
    General Motors Co. has filed suit in a U.S. bankruptcy court asking a judge to protect the company from legal claims for actions that took place before it emerged from bankruptcy in 2009.
    General Motors Co. and a battalion of trial lawyers are preparing for an epic court fight over whether GM is liable for the sins of its corporate past.
  • Job market for college grads better but still weak

    Job market for college grads better but still weak

    Tuesday, April 22 2014 1:34 PM EDT2014-04-22 17:34:18 GMT
    The job market for new college graduates is brightening but remains weaker than before the Great Recession began.
    With college commencement ceremonies nearing, the government is offering a modest dose of good news for graduating seniors: The job market is brightening for new grads - a bit.
  • McDonald's 1Q profit slips as US sales decline

    McDonald's 1Q profit slips as US sales decline

    Tuesday, April 22 2014 1:24 PM EDT2014-04-22 17:24:02 GMT
    McDonald's reported a lower profit for the first quarter as the world's biggest hamburger chain saw global sales remain weak.
    McDonald's is fighting to hold onto customers in the U.S.
  • Novartis reshapes business with GSK, Lilly deals

    Novartis reshapes business with GSK, Lilly deals

    Tuesday, April 22 2014 12:14 PM EDT2014-04-22 16:14:09 GMT
    Drug maker Novartis says it has signed several multibillion-dollar deals with GlaxoSmithKline and Lilly that will affect some 15,000 of its employees.
    Swiss pharmaceutical firm Novartis AG launched a major overhaul of its business Tuesday, unveiling a series of multibillion-dollar deals with Britain's GlaxoSmithKline PLC and the U.S.'s Eli Lilly & Co. that...
  • Stocks move higher as more earnings roll in

    Stocks move higher as more earnings roll in

    Tuesday, April 22 2014 11:54 AM EDT2014-04-22 15:54:36 GMT
    Stocks are moving higher as more U.S. companies report solid earnings.
    Stocks are moving higher as more U.S. companies report solid earnings.
  • AT&T joins crowded field with online video plans

    AT&T joins crowded field with online video plans

    Tuesday, April 22 2014 11:35 AM EDT2014-04-22 15:35:11 GMT
    AT&T and the investment firm Chernin Group have formed a venture to invest in and form online video services rivaling Netflix and Hulu.
    AT&T and an investment firm run by former News Corp. executive Peter Chernin have formed an online video venture that could rival Netflix and Hulu.
  • Sales of US existing homes slip to a 20-month low

    Sales of US existing homes slip to a 20-month low

    Tuesday, April 22 2014 11:23 AM EDT2014-04-22 15:23:55 GMT
    Sales of existing U.S. homes slipped in March to their lowest level since July 2012 as rising prices and a tight supply of available homes discouraged many would-be buyers.
    Sales of existing U.S. homes slipped in March to their lowest level since July 2012 as rising prices and a tight supply of available homes discouraged many would-be buyers.
  • Unilever says it will use less plastic per bottle

    Unilever says it will use less plastic per bottle

    Tuesday, April 22 2014 10:26 AM EDT2014-04-22 14:26:51 GMT
    Unilever PLC, the producer of countless disposable containers that clutter the landfills of the world, says it is adopting technology that will cut the amount of plastic it needs to use in each bottle by 15 percent.
    Unilever PLC, the producer of countless disposable containers that clutter the landfills of the world, says it is adopting technology that will cut the amount of plastic it needs to use in each bottle by 15 percent.
  • Philips shares slump over weak 1st-quarter profits

    Philips shares slump over weak 1st-quarter profits

    Tuesday, April 22 2014 10:26 AM EDT2014-04-22 14:26:14 GMT
    Royal Philips NV says its first-quarter profits declined as growth slowed in several divisions and consumers spent less on light bulbs.
    Shares in Royal Philips, the world's leading light maker, slumped Tuesday after the Dutch company reported a drop in first-quarter profits blamed partly on sluggish sales of its health care products and consumer lights.
  • Tesla delivers first China cars, plans expansion

    Tesla delivers first China cars, plans expansion

    Tuesday, April 22 2014 10:04 AM EDT2014-04-22 14:04:00 GMT
    Tesla Motors Inc. delivered its first eight electric sedans to customers in China on Tuesday and CEO Elon Musk said the company will build a nationwide network of charging stations and service centers as fast as it...
    Tesla Motors Inc. delivered its first eight electric sedans to customers in China on Tuesday and CEO Elon Musk said the company will build a nationwide network of charging stations and service centers as fast as it can.
  • Stocks edge higher as more earnings roll in

    Stocks edge higher as more earnings roll in

    Tuesday, April 22 2014 10:03 AM EDT2014-04-22 14:03:56 GMT
    Stocks are moving higher in early trading as investors assess more corporate earnings.
    Stocks are moving higher in early trading as investors assess more corporate earnings.
  • Japan, US struggle to bridge gap on freer trade

    Japan, US struggle to bridge gap on freer trade

    Tuesday, April 22 2014 7:14 AM EDT2014-04-22 11:14:28 GMT
    Japanese and U.S. negotiators are struggling to reach a preliminary agreement on a free trade pact that might have served as a centerpiece for President Barack Obama's visit to Tokyo this week.
    Japanese and U.S. negotiators are struggling to reach a preliminary agreement on a free trade pact that might have served as a centerpiece for President Barack Obama's visit to Tokyo this week.
  • E-cig industry awaits looming federal regulation

    E-cig industry awaits looming federal regulation

    Tuesday, April 22 2014 6:33 AM EDT2014-04-22 10:33:12 GMT
    Smokers are increasingly turning to battery-powered electronic cigarettes to get their nicotine fix. They're about to find out what federal regulators have to say about the popular devices.
    Smokers are increasingly turning to battery-powered electronic cigarettes to get their nicotine fix. They're about to find out what federal regulators have to say about the popular devices.
  • US newspaper industry revenue fell 2.6 pct in 2013

    US newspaper industry revenue fell 2.6 pct in 2013

    Tuesday, April 22 2014 3:43 AM EDT2014-04-22 07:43:44 GMT
    U.S. newspaper industry revenue continued to fall last year, as increases in circulation revenue failed to offset shrinking demand for print advertising.
    U.S. newspaper industry revenue fell last year, as increases in circulation revenue weren't high enough to make up for shrinking demand for print advertising, an industry trade group said Friday.
  • German tax income jumps in 1st quarter

    German tax income jumps in 1st quarter

    Tuesday, April 22 2014 3:24 AM EDT2014-04-22 07:24:02 GMT
    Germany's Finance Ministry says the government's tax income rose sharply in March and saw a healthy overall first-quarter rise as Europe's biggest economy picked up momentum.
    Germany's Finance Ministry says the government's tax income rose sharply in March and saw a healthy overall first-quarter rise as Europe's biggest economy picked up momentum.
  • AP names Klug to top SKorea editorial position

    AP names Klug to top SKorea editorial position

    Tuesday, April 22 2014 2:13 AM EDT2014-04-22 06:13:03 GMT
    The Associated Press has named Seoul news editor Foster Klug as its chief of bureau for South Korea.
    The Associated Press has named Seoul news editor Foster Klug as its chief of bureau for South Korea.
  • Asian stocks edge mostly higher on US earnings

    Asian stocks edge mostly higher on US earnings

    Monday, April 21 2014 11:53 PM EDT2014-04-22 03:53:02 GMT
    Global stocks were mixed Monday in light trading after Japan reported a record annual trade deficit and investors looked ahead to economic data this week from China and South Korea.
    Asian stocks edged higher on Tuesday following a Wall Street rally powered by positive earnings reports but the mood was still cautious before a report on Chinese manufacturing and possible sanctions against Russia over...
  • PG&E pleads not guilty in fatal pipeline blast

    PG&E pleads not guilty in fatal pipeline blast

    Monday, April 21 2014 8:13 PM EDT2014-04-22 00:13:00 GMT
    Pacific Gas & Electric Co. pleaded not guilty Monday to a dozen felony charges stemming from alleged safety violations in a deadly 2010 natural gas pipeline explosion that leveled a suburban neighborhood in the...
    Pacific Gas & Electric Co. pleaded not guilty Monday to a dozen felony charges stemming from alleged safety violations in a deadly 2010 natural gas pipeline explosion that leveled a suburban neighborhood in the San...
  • Valeant to bid for Botox maker Allergan

    Valeant to bid for Botox maker Allergan

    Monday, April 21 2014 8:12 PM EDT2014-04-22 00:12:56 GMT
    Valeant Pharmaceuticals has teamed up with activist investor Bill Ackman to make a bid for Botox maker Allergan.
    Valeant Pharmaceuticals has teamed up with activist investor Bill Ackman in a bid for Botox maker Allergan that could be worth about $40 billion.
  • Affordable Care Act only chips away at a core goal

    Affordable Care Act only chips away at a core goal

    Monday, April 21 2014 8:03 PM EDT2014-04-22 00:03:01 GMT
    The federal health care overhaul is providing coverage for millions of Americans, but it has only chipped away at one of its core goals: to sharply reduce the number of people without insurance.
    Swan Lockett had high hopes that President Barack Obama's health overhaul would lead her family to an affordable insurance plan, but that hasn't happened.
  • Netflix poised to raise prices after strong 1Q

    Netflix poised to raise prices after strong 1Q

    Monday, April 21 2014 8:02 PM EDT2014-04-22 00:02:57 GMT
    Netflix's first-quarter earnings soared as another season of the popular political drama "House of Cards" helped attract an additional 2.25 million subscribers to the Internet video service.
    Netflix is preparing a sequel unlikely to be a hit with its subscribers. The Internet video service is about to raise its prices for the first time in three years to help pay for more Internet video programming such as its...
  • Powdered alcohols no longer have label approvals

    Powdered alcohols no longer have label approvals

    Monday, April 21 2014 6:42 PM EDT2014-04-21 22:42:49 GMT
    Don't expect powdered alcohol to hit store shelves anytime soon.
    Don't expect powdered alcohol to hit store shelves anytime soon.
  • US: Russia has 'days, not weeks' to follow accord

    US: Russia has 'days, not weeks' to follow accord

    Monday, April 21 2014 6:13 PM EDT2014-04-21 22:13:28 GMT
    Russia has "days, not weeks" to abide by an international accord aimed at stemming the crisis in Ukraine, the top U.S. diplomat in Kiev warned Monday as Vice President Joe Biden launched a high-profile show of...
    Russia has "days, not weeks" to abide by an international accord aimed at stemming the crisis in Ukraine, the top U.S. diplomat in Kiev warned Monday as Vice President Joe Biden launched a high-profile show of support for...
  • Thawing out: Warmer temperatures lift US economy

    Thawing out: Warmer temperatures lift US economy

    Monday, April 21 2014 6:04 PM EDT2014-04-21 22:04:24 GMT
    Spring's thaw is reviving the economy, too.
    Spring's thaw is reviving the economy, too.
  • Stocks log longest winning streak in six months

    Stocks log longest winning streak in six months

    Monday, April 21 2014 5:42 PM EDT2014-04-21 21:42:54 GMT
    U.S. stock futures are edging higher Monday as more companies report their first quarter earnings. The Standard & Poor's 500 index had its best week since July last week.
    The stock market logged its longest winning streak in six months Monday as another big week for company earnings began.
  • UAW ends withdraws appeal of Volkswagen union vote

    UAW ends withdraws appeal of Volkswagen union vote

    Monday, April 21 2014 5:03 PM EDT2014-04-21 21:03:39 GMT
    The United Auto Workers announced Monday it is withdrawing an appeal of the outcome of a union vote at Volkswagen's assembly plant in Tennessee.
    The United Auto Workers dropped its appeal of a worker vote against unionizing at a Volkswagen plant in Tennessee, a move that the union said should put pressure on Republican politicians to quickly approve incentives the...
  • Halliburton posts $622M in 1st-qtr net income

    Halliburton posts $622M in 1st-qtr net income

    Monday, April 21 2014 5:02 PM EDT2014-04-21 21:02:56 GMT
    By The Associated Press Halliburton says it was profitable in the first-quarter after reporting a loss for the period a year ago.
    Halliburton made money in the first quarter on rising revenue in the Middle East and Asia, and the CEO said Monday that he sensed an upturn in the North American market.
  • US rules against Mexico, Turkey in steel dispute

    US rules against Mexico, Turkey in steel dispute

    Monday, April 21 2014 4:43 PM EDT2014-04-21 20:43:00 GMT
    President Barack Obama's administration on Monday sided with American steel producers in a politically charged international trade dispute, ruling that imported steel reinforcing bar from Mexico and Turkey...
    President Barack Obama's administration on Monday sided with American steel producers in a politically charged international trade dispute, ruling that imported steel reinforcing bar from Mexico and Turkey unfairly...
  • Stocks post modest gains as earnings roll in

    Stocks post modest gains as earnings roll in

    Monday, April 21 2014 4:23 PM EDT2014-04-21 20:23:21 GMT
    Stocks are closing higher as more U.S. companies report first-quarter earnings.
    Stocks are closing higher as more U.S. companies report first-quarter earnings.
  • Hasbro posts 1Q profit, sales of girls' toys rise

    Hasbro posts 1Q profit, sales of girls' toys rise

    Monday, April 21 2014 4:13 PM EDT2014-04-21 20:13:00 GMT
    Hasbro returned to profitability in its first quarter, driven by sales of girls' toys such as My Little Pony and Nerf Rebelle. The prior-year period was dragged down by restructuring charges.
    Hasbro returned to profitability in its first quarter, driven by sales of girls' toys such as My Little Pony and Nerf Rebelle. The prior-year results were dragged down by restructuring charges.
  • Supreme Court considers juice label dispute

    Supreme Court considers juice label dispute

    Monday, April 21 2014 2:54 PM EDT2014-04-21 18:54:13 GMT
    The Supreme Court seems likely to rule that juice maker Pom Wonderful can bring false advertising claims against the Coca-Cola Co. over a competing juice product.
    Count Supreme Court Justice Anthony Kennedy among consumers who feel misled by a beverage called "Pomegranate Blueberry Flavored Blend of 5 Juices."
  • Gunmen detain 3 journalists in eastern Ukraine

    Gunmen detain 3 journalists in eastern Ukraine

    Monday, April 21 2014 2:44 PM EDT2014-04-21 18:44:34 GMT
    Three foreign journalists were temporarily detained by pro-Russia insurgents in city in eastern Ukraine.
    Three foreign journalists were temporarily detained by pro-Russia insurgents in city in eastern Ukraine on Monday.
  • US justices seek middle ground in Argentina case

    US justices seek middle ground in Argentina case

    Monday, April 21 2014 1:35 PM EDT2014-04-21 17:35:48 GMT
    The U.S. Supreme Court is hearing arguments Monday in Argentina's decade-long battle with holders of its defaulted bonds.
    The U.S. Supreme Court appeared to be searching for a middle ground Monday in the decade-long battle between Argentina and holders of its defaulted bonds.
  • Late sign-ups improve outlook for Obama health law

    Late sign-ups improve outlook for Obama health law

    Monday, April 21 2014 1:34 PM EDT2014-04-21 17:34:38 GMT
    The outlook for President Barack Obama's health care law is getting better, with more people enrolled overall and a much-needed surge of interest among young adults.
    A surge of eleventh-hour enrollments has improved the outlook for President Barack Obama's health care law, with more people signing up overall and a much-needed spark of interest among young adults.
  • Report: Sandy's fallout affecting small business

    Report: Sandy's fallout affecting small business

    Monday, April 21 2014 1:14 PM EDT2014-04-21 17:14:55 GMT
    The Federal Reserve Bank of New York says a third of small businesses in tri-state Superstorm Sandy disaster areas reported financial losses a year later.
    When suburban New York delicatessen owner P.J. Whelan heard the findings of a Federal Reserve Bank of New York poll released Monday on Superstorm Sandy's effect on small businesses, he began nodding in agreement.
  • Stocks post modest gains as earnings roll in

    Stocks post modest gains as earnings roll in

    Monday, April 21 2014 12:13 PM EDT2014-04-21 16:13:58 GMT
    Stocks are moving higher at the beginning of another big week for company earnings.
    Stocks are moving higher at the beginning of another big week for company earnings.
  • Gauge of US economy up for 3rd straight month

    Gauge of US economy up for 3rd straight month

    Monday, April 21 2014 10:33 AM EDT2014-04-21 14:33:33 GMT
    A measure of the U.S. economy's health rose in March for the third consecutive month, a sign of stronger growth after harsh winter weather caused the economy's pace to slow.
    A measure of the U.S. economy's health rose in March for the third consecutive month, a sign of stronger growth after harsh winter weather caused the economy's pace to slow.
  • Stocks edge higher as major earnings week starts

    Stocks edge higher as major earnings week starts

    Monday, April 21 2014 10:15 AM EDT2014-04-21 14:15:47 GMT
    Stocks are edging higher as another big week for company earnings begins.
    Stocks are edging higher as another big week for company earnings begins.
  • High court to hear dispute about TV over Internet

    High court to hear dispute about TV over Internet

    Monday, April 21 2014 8:34 AM EDT2014-04-21 12:34:01 GMT
    Thirty years ago, big media companies failed to convince the Supreme Court of the threat posed by home video recordings.
    Thirty years after failing to convince the Supreme Court of the threat posed by home video recordings, big media companies are back and now trying to rein in another technological innovation they say threatens their...
  • Oil stays above $104 amid Ukraine jitters

    Oil stays above $104 amid Ukraine jitters

    Monday, April 21 2014 4:43 AM EDT2014-04-21 08:43:33 GMT
    The price of oil edged down Monday but stayed above $104 per barrel as investors watched simmering tensions in Ukraine.
    The price of oil edged down Monday but stayed above $104 per barrel as investors watched simmering tensions in Ukraine.
  • 5 features an Amazon phone might offer

    5 features an Amazon phone might offer

    Monday, April 21 2014 3:35 AM EDT2014-04-21 07:35:30 GMT
    Rumors of an Amazon smartphone reached a fever pitch this week, with several tech blogs speculating that the device could be due out this year.
    A report this week in The Wall Street Journal that Amazon is planning to release a smartphone has prompted industry analysts and technology blogs to muse about what the device might offer.
  • Higher costs pressured businesses in 1st quarter

    Higher costs pressured businesses in 1st quarter

    Monday, April 21 2014 12:13 AM EDT2014-04-21 04:13:02 GMT
    Rising costs for materials and labor appear to be pressuring businesses, according to a quarterly survey from the National Association of Business Economics.
    Rising costs for materials and labor appear to be pressuring businesses, according to a quarterly survey from the National Association of Business Economics.
  • Asian stocks mixed after holiday weekend

    Asian stocks mixed after holiday weekend

    Sunday, April 20 2014 11:23 PM EDT2014-04-21 03:23:03 GMT
    Asian stocks were mixed Monday in light trading after Japan reported a jump in its trade deficit and investors looked ahead to economic data this week from China and Korea.
    Asian stocks were mixed Monday in light trading after Japan reported a jump in its trade deficit and investors looked ahead to economic data this week from China and Korea.
  • Japan logs record $134B trade deficit in FY 2013

    Japan logs record $134B trade deficit in FY 2013

    Sunday, April 20 2014 10:13 PM EDT2014-04-21 02:13:01 GMT
    Japan's trade deficit surged nearly 70 percent to a record 13.75 trillion yen ($134 billion) in the last fiscal year as exports failed to keep pace with surging costs for imported oil and gas.
    Japan's trade deficit surged nearly 70 percent to a record 13.75 trillion yen ($134 billion) in the last fiscal year, the third straight year of deficit, as exports failed to keep pace with surging energy costs.
  • Kraft recalls 96,000 pounds of Oscar Mayer wieners

    Kraft recalls 96,000 pounds of Oscar Mayer wieners

    Sunday, April 20 2014 7:42 PM EDT2014-04-20 23:42:52 GMT
    Kraft Foods is recalling 96,000 pounds of its Oscar Mayer wieners because they may mistakenly contain cheese.
    Kraft Foods is recalling 96,000 pounds of its Oscar Mayer wieners because they may mistakenly contain cheese.
  • Documents detail another delayed GM recall

    Documents detail another delayed GM recall

    Sunday, April 20 2014 7:33 PM EDT2014-04-20 23:33:19 GMT
    Government documents show that General Motors waited years to recall nearly 335,000 Saturn Ions for power steering failures despite getting thousands of consumer complaints and warranty repair claims.
    General Motors waited years to recall nearly 335,000 Saturn Ions for power steering failures despite getting thousands of consumer complaints and more than 30,000 warranty repair claims, according to government documents...
  • 'Capt. America' tops box office for third week

    'Capt. America' tops box office for third week

    Sunday, April 20 2014 2:43 PM EDT2014-04-20 18:43:32 GMT
    Captain America continues to vanquish box office foes, triumphing in ticket sales for the third consecutive week and beating formidable contender Johnny Depp.
    Captain America continues to vanquish box office foes, triumphing in ticket sales for the third consecutive week and dominating over megastar Johnny Depp's new movie.
  • Big names among prospective Buffalo Bills buyers

    Big names among prospective Buffalo Bills buyers

    Sunday, April 20 2014 2:43 PM EDT2014-04-20 18:43:22 GMT
    Hall of Fame quarterback Jim Kelly is prepared to make a bid to buy the Buffalo Bills. Donald Trump's on board, too.
    Hall of Fame quarterback Jim Kelly is prepared to make a bid to buy the Buffalo Bills. Donald Trump's on board, too.
  • General Mills scraps controversial new legal terms

    General Mills scraps controversial new legal terms

    Sunday, April 20 2014 1:52 PM EDT2014-04-20 17:52:39 GMT
    General Mills is scrapping a controversial plan to strip consumers of their right to sue the food company.
    General Mills is scrapping a controversial plan to strip consumers of their right to sue the food company.
  • Study: Fuels from corn waste not better than gas

    Study: Fuels from corn waste not better than gas

    Sunday, April 20 2014 1:13 PM EDT2014-04-20 17:13:59 GMT
    A study paid for by the federal government says biofuels made from the leftovers of harvested corn plants are worse than gasoline for global warming in the short term.
    Biofuels made from the leftovers of harvested corn plants are worse than gasoline for global warming in the short term, a study shows, challenging the Obama administration's conclusions that they are a much cleaner oil...
  • Ukraine, Russia trade blame for shootout in east

    Ukraine, Russia trade blame for shootout in east

    Sunday, April 20 2014 1:03 PM EDT2014-04-20 17:03:59 GMT
    The Ukrainian and Russian governments are reporting a shootout at a checkpoint set up by pro-Russian insurgents in eastern Ukraine that has left one person dead and others hospitalized with gunshot wounds.
    Within hours of an Easter morning shootout at a checkpoint manned by pro-Russia insurgents in eastern Ukraine, Russia's Foreign Ministry issued a statement blaming militant Ukrainian nationalists and Russian state...
  • Dealer wanted in US for art fraud nabbed in Spain

    Dealer wanted in US for art fraud nabbed in Spain

    Sunday, April 20 2014 12:13 PM EDT2014-04-20 16:13:02 GMT
    Spanish officials say a businessman suspected of having dealt in millions of dollars of fake art has been arrested during Easter festivities in southern Spain.
    A Spanish businessman suspected of having dealt in millions of dollars of fake art has been arrested during Easter festivities in southern Spain, officials said Sunday.
  • Automakers unveil China-focused models in Beijing

    Automakers unveil China-focused models in Beijing

    Sunday, April 20 2014 11:12 AM EDT2014-04-20 15:12:56 GMT
    Ford Motor Co. on Sunday unveiled a new Escort sedan designed in China for global sale at a Beijing auto show that highlighted the growing influence of Chinese tastes on the industry.
    Ford Motor Co. on Sunday unveiled a new Escort sedan designed in China for global sale at a Beijing auto show that highlighted the growing influence of Chinese tastes on the industry.
  • GM boosting China production capacity to 5 million

    GM boosting China production capacity to 5 million

    Sunday, April 20 2014 10:52 AM EDT2014-04-20 14:52:53 GMT
    Sales of GM-brand vehicles in China should reach 5 million next year, and Cadillac sales will double to 100,000, the president of General Motors said Sunday.
    The president of General Motors said Sunday that the company and local partners are boosting production capacity for GM-brand vehicles in China to 5 million.
  • Delay won't quell 2014 wrangling over Keystone XL

    Delay won't quell 2014 wrangling over Keystone XL

    Sunday, April 20 2014 8:33 AM EDT2014-04-20 12:33:03 GMT
    Democrats sweating this year's elections may be hoping that the Obama administration's latest delay to the proposed Keystone XL pipeline takes a politically fraught issue off the table for the midterms.
    Democrats sweating this year's elections may be hoping that the Obama administration's latest delay to the proposed Keystone XL pipeline takes a politically fraught issue off the table for the midterms.
  • EU official against cutting Russia gas ties

    EU official against cutting Russia gas ties

    Sunday, April 20 2014 6:32 AM EDT2014-04-20 10:32:50 GMT
    A senior European Union official says he opposes cutting back gas ties with Russia in the next few years but the bloc should work on diversifying supplies.
    A senior European Union official says he opposes cutting back gas ties with Russia in the next few years but the bloc should work on diversifying supplies.
  • Aereo CEO speaks on future of company, industry

    Aereo CEO speaks on future of company, industry

    Saturday, April 19 2014 11:03 PM EDT2014-04-20 03:03:17 GMT
    The future of Aereo, an online service that provides over-the-air TV channels, hinges on a battle with broadcasters that goes before the U.S. Supreme Court next week.
    The future of Aereo, an online service that provides over-the-air TV channels, hinges on a battle with broadcasters that goes before the U.S. Supreme Court next week.
  • Cyber cops: Target hackers may take years to find

    Cyber cops: Target hackers may take years to find

    Saturday, April 19 2014 11:03 PM EDT2014-04-20 03:03:06 GMT
    Secret Service investigators say they are close to gaining a full understanding of the methods hackers used to breach Target's computer systems last December.
    Secret Service investigators say they are close to gaining a full understanding of the methods hackers used to breach Target's computer systems last December.
  • Shares of Travelocity owner Sabre rise after IPO

    Shares of Travelocity owner Sabre rise after IPO

    Saturday, April 19 2014 11:03 PM EDT2014-04-20 03:03:01 GMT
    Shares of Sabre Corp. ended higher Thursday, but the provider of technology services to the travel industry raised less money than it had projected in its initial public offering.
    Shares of Sabre Corp. ended higher Thursday, but the provider of technology services to the travel industry raised less money than it had projected in its initial public offering.
  • Facebook rolls out location-sharing feature

    Facebook rolls out location-sharing feature

    Saturday, April 19 2014 11:02 PM EDT2014-04-20 03:02:53 GMT
    Facebook users in the U.S. will soon be able to see which of their friends are in close proximity using a new feature the company is launching on Thursday.
    Facebook users in the U.S. will soon be able to see which of their friends are nearby using a new feature the company is launching on Thursday.
  • Beijing auto show opens amid market slowdown

    Beijing auto show opens amid market slowdown

    Saturday, April 19 2014 8:42 PM EDT2014-04-20 00:42:11 GMT
    Global and Chinese automakers are looking to the Beijing auto show to help boost sales in a slowing, intensely competitive market.
    Global and Chinese automakers are looking to the Beijing auto show to help boost sales in a slowing, intensely competitive market.
  • Deadline lapses in Peru for illegal gold miners

    Deadline lapses in Peru for illegal gold miners

    Saturday, April 19 2014 2:22 PM EDT2014-04-19 18:22:21 GMT
    The clock has run out for an estimated 40,000 illegal gold miners who had until Saturday to legalize their status in a region of southeastern Peru where fortune-seekers have ravaged rainforests and contaminated...
    The clock has run out for an estimated 40,000 illegal gold miners who had until Saturday to legalize their status in a region of southeastern Peru where fortune-seekers have ravaged rainforests and contaminated rivers. The...
  • Guinea to cancel BSG Resources-Vale mining rights

    Guinea to cancel BSG Resources-Vale mining rights

    Saturday, April 19 2014 2:01 PM EDT2014-04-19 18:01:58 GMT
    The government of Guinea says it plans to revoke the mining rights to one of the largest untapped iron ore deposits in the world, following a watchdog's recommendation.
    The government of Guinea is planning to revoke the mining rights to one of the largest untapped iron ore deposits in the world, following a watchdog's recommendation.
  • Fiat and Chrysler to build 3 Jeep models in China

    Fiat and Chrysler to build 3 Jeep models in China

    Saturday, April 19 2014 1:42 PM EDT2014-04-19 17:42:04 GMT
    Fiat and Chrysler say they will build three new Jeep models in China for the local market, the biggest for Jeeps outside the U.S.
    Fiat and Chrysler announced plans Saturday to build three new Jeep models in China for that market, the biggest for the vehicles outside the United States, as they attempt to boost sales in a country where they lag behind...
  • Unemployment rates fall in 21 US states last month

    Unemployment rates fall in 21 US states last month

    Saturday, April 19 2014 11:31 AM EDT2014-04-19 15:31:42 GMT
    More than two-thirds of the states reported job gains in March, as hiring improves for much of the country during what has been a sluggish but sustained 4 1/2-year recovery.
    More than two-thirds of the states reported job gains in March, as hiring has improved for much of the country during what has been a sluggish but sustained 4 1/2-year recovery.
  • From Clinton to Obama, many parallels

    From Clinton to Obama, many parallels

    Saturday, April 19 2014 12:22 AM EDT2014-04-19 04:22:42 GMT
    The National Archives is releasing about 7,500 pages of documents Friday from former President Bill Clinton's administration.
    Thousands of pages of documents from President Bill Clinton's White House affirm a longtime adage: The more things change, the more they stay the same.
  • Google's 1Q earnings disappoint as ad prices slip

    Google's 1Q earnings disappoint as ad prices slip

    Google's first-quarter earnings growth faltered as the Internet company dealt with a persistent downturn in advertising prices while spending more money to hire more employees and invest in daring ideas.
    Google's first-quarter earnings growth faltered as the Internet's most influential company grappled with a persistent downturn in advertising prices while spending more money to hire employees and invest in daring...
  • Providence, RI, sues firms over stock trades

    Providence, RI, sues firms over stock trades

    Friday, April 18 2014 8:11 PM EDT2014-04-19 00:11:07 GMT
    By The Associated Press Providence, R.I. is suing dozens of Wall Street banks and other financial companies over high-frequency trading.
    By The Associated Press Providence, R.I., is suing dozens of Wall Street banks and other financial companies over high-frequency trading.
  • US puts off decision on Keystone XL pipeline

    US puts off decision on Keystone XL pipeline

    Friday, April 18 2014 6:32 PM EDT2014-04-18 22:32:21 GMT
    The State Department is giving federal agencies more time to review the Keystone XL pipeline before deciding whether to issue a permit.
    The Obama administration is putting off its decision on the Keystone XL oil pipeline, likely until after the November elections, by extending its review of the controversial project indefinitely.
  • Judge says American can't end retiree benefits yet

    Judge says American can't end retiree benefits yet

    Friday, April 18 2014 6:31 PM EDT2014-04-18 22:31:34 GMT
    A federal judge is telling American Airlines that it can't yet act alone to cut off benefits for many retirees.
    A federal judge has rejected an attempt by American Airlines to quickly cut off benefits for many of its retirees.
  • Court declines to block drug ruling in patent case

    Court declines to block drug ruling in patent case

    Friday, April 18 2014 4:51 PM EDT2014-04-18 20:51:13 GMT
    The Supreme Court has declined to temporarily block a lower court ruling that opens the world's best-selling multiple sclerosis drug to competition from generic rivals.
    Supreme Court Chief Justice John Roberts on Friday declined to temporarily block a lower court ruling that opens the world's best-selling multiple sclerosis drug to competition from generic rivals next month.
  • Boston prepares for huge wave of marathon visitors

    Boston prepares for huge wave of marathon visitors

    Friday, April 18 2014 4:21 PM EDT2014-04-18 20:21:33 GMT
    With an expanded field of runners and the memory of last year's bombings elevating interest in one of the world's greatest races, the 2014 Boston Marathon could bring an unprecedented wave of visitors and...
    With an expanded field of runners and the memory of last year's bombings elevating interest in one of the world's great races, the 2014 Boston Marathon could bring an unprecedented wave of visitors and an influx of...
  • Appeals court rejects challenge on cement plants

    Appeals court rejects challenge on cement plants

    Friday, April 18 2014 2:21 PM EDT2014-04-18 18:21:56 GMT
    A federal appeals court has turned aside a challenge by environmental groups to an air pollution standard for cement plants.
    A federal appeals court on Friday turned aside a challenge by environmental groups to an air pollution standard for cement plants.
  • French President Hollande's top aide resigns

    French President Hollande's top aide resigns

    Friday, April 18 2014 1:20 PM EDT2014-04-18 17:20:56 GMT
    The French president's top adviser has resigned following allegations of a past conflict of interest, striking a new blow to the already unpopular Francois Hollande.
    The French president's top adviser resigned Friday following allegations of a past conflict of interest, striking a new blow to the already unpopular Francois Hollande.
  • Bank of Cyprus sells business in Ukraine, Romania

    Bank of Cyprus sells business in Ukraine, Romania

    Friday, April 18 2014 12:10 PM EDT2014-04-18 16:10:57 GMT
    Cyprus' largest bank says it has sold off its business in Ukraine and a stake in a Romanian bank to help reduce risk and improve cash flow for the troubled lender.
    Cyprus' largest bank says it has sold off its business in Ukraine and a stake in a Romanian bank to help reduce risk and improve cash flow for the troubled lender.
  • Walker's challenger doesn't focus on union rights

    Walker's challenger doesn't focus on union rights

    Friday, April 18 2014 12:00 PM EDT2014-04-18 16:00:54 GMT
    Wisconsin Democrats and their allies who are trying to take out Republican Gov. Scott Walker have invested all their hopes in Mary Burke, a Harvard-educated political newcomer whose father started Trek Bicycle when...
    Wisconsin Democrats and their allies who are trying to take out Republican Gov. Scott Walker have invested all their hopes in Mary Burke, a Harvard-educated political newcomer whose father started Trek Bicycle when she was...
  • Chobani to expand beyond top-selling Greek yogurt

    Chobani to expand beyond top-selling Greek yogurt

    Friday, April 18 2014 10:30 AM EDT2014-04-18 14:30:45 GMT
    Chobani plans to expand beyond its Greek yogurt cups this summer as it faces intensifying competition in the fast growing category.
    Chobani plans to expand beyond its Greek yogurt cups this summer as it faces intensifying competition in the fast growing category.
  • Mazda recalls 109,000 older SUVs for rust problem

    Mazda recalls 109,000 older SUVs for rust problem

    Friday, April 18 2014 8:51 AM EDT2014-04-18 12:51:06 GMT
    Mazda is recalling 109,000 Tribute SUVs in cold-weather states to fix rusting frame parts.
    Mazda is recalling 109,000 Tribute SUVs in cold-weather states to fix rusting frame parts.
  • Chinese trade group to mediate shoe factory strike

    Chinese trade group to mediate shoe factory strike

    Friday, April 18 2014 7:10 AM EDT2014-04-18 11:10:40 GMT
    A Chinese government trade union says it will mediate a labor dispute in which tens of thousands of workers have joined a massive strike against the world's largest shoemaker.
    Chinese police hauled away dozens of workers Friday to break up a march on a factory complex targeted by tens of thousands of laborers striking against the world's largest maker of athletic shoes, while a government...
  • China says one-fifth of its farmland is polluted

    China says one-fifth of its farmland is polluted

    Friday, April 18 2014 7:00 AM EDT2014-04-18 11:00:46 GMT
    Faced with growing public anger about a poisonous environment, China's government released a yearslong study that shows nearly one-fifth of the country's farmland is contaminated with toxic metals, a...
    Faced with growing public anger about a poisonous environment, China's government released a yearslong study that shows nearly one-fifth of the country's farmland is contaminated with toxic metals, a stunning...
  • Brewers seek to rekindle Belgium's love of beer

    Brewers seek to rekindle Belgium's love of beer

    Friday, April 18 2014 6:20 AM EDT2014-04-18 10:20:46 GMT
    The ruby lettering on the front of the old corner pub "In de Welkom" has peeled almost beyond recognition. Owner Leza Wauters, a tough 87-year-old, is holding on to her business but can't say how much longer....
    The ruby lettering on the front of the old corner pub "In de Welkom" has peeled almost beyond recognition. Owner Leza Wauters, a tough 87-year-old, is holding on to her business but can't say how much longer. Sooner or...
  • Asia stocks rise in abbreviated trading

    Asia stocks rise in abbreviated trading

    Friday, April 18 2014 6:20 AM EDT2014-04-18 10:20:43 GMT
    Asian stocks were mostly higher in trading muted by Good Friday observance.
    Asian stocks were mostly higher in trading muted by Good Friday observance.
  • IBM posts lower 1Q earnings amid hardware slump

    IBM posts lower 1Q earnings amid hardware slump

    IBM says its first-quarter earnings fell because of a large charge related to reorganizing its work force. Revenue fell amid an ongoing decline in its hardware business.
    IBM's first-quarter earnings fell and revenue came in below Wall Street's expectations amid an ongoing decline in its hardware business, one that was exacerbated by weaker demand in China and emerging markets.
  • Venture investments highest since 2001

    Venture investments highest since 2001

    Friday, April 18 2014 12:21 AM EDT2014-04-18 04:21:09 GMT
    Funding for U.S. startup companies soared 57 percent in the first quarter to a level not seen since 2001, as venture capitalists piled more money into a growing number of deals, according to a report due out Friday.
    Funding for U.S. startup companies soared 57 percent in the first quarter to a level not seen since 2001, as venture capitalists piled more money into a growing number of deals, according to a report due out Friday.
  • Asian stocks mostly higher after mixed US earnings

    Asian stocks mostly higher after mixed US earnings

    Asian stock markets were subdued on Thursday, with Japan's Nikkei faltering as investors locked in profits after a strong rally.
    Asian stocks were mostly higher Friday despite mixed U.S. earnings reports with many of the region's exchanges closed for Good Friday.
  • PepsiCo's profit rises on snack sales, price hikes

    PepsiCo's profit rises on snack sales, price hikes

    PepsiCo reported a stronger-than-expected first-quarter profit as the company slashed costs and sold more snacks around the world.
    PepsiCo reported a stronger-than-expected quarterly profit as the company sold more snacks around the world and hiked prices, including on its drinks.
  • Wal-Mart jumps into the money transfer biz, loudly

    Wal-Mart jumps into the money transfer biz, loudly

    Thursday, April 17 2014 7:10 PM EDT2014-04-17 23:10:33 GMT
    Wal-Mart is offering another incentive to its customers to spend more time at its stores.
    Wal-Mart is delving deeper into financial services at its stores and shaking up the money transfer business.
  • IRS audits less than 1 percent of big partnerships

    IRS audits less than 1 percent of big partnerships

    Thursday, April 17 2014 6:31 PM EDT2014-04-17 22:31:04 GMT
    A new government report says the Internal Revenue Service audits less than 1 percent of large partnerships, drawing criticism from Congress.
    The Internal Revenue Service audits fewer than 1 percent of large business partnerships, according to a government report released Tuesday.
  • Judge wants Detroit mayor to back bankruptcy plan

    Judge wants Detroit mayor to back bankruptcy plan

    Thursday, April 17 2014 6:30 PM EDT2014-04-17 22:30:22 GMT
    Looking years ahead, the judge overseeing Detroit's bankruptcy says he wants assurances from elected leaders that they'll follow the final plan that gets the city back on its feet.
    Looking years ahead, the judge overseeing Detroit's bankruptcy said Thursday he wants assurances from the mayor and other elected leaders that they'll follow a final plan that likely cuts pensions, sheds debt and...
  • US stock market ends higher as earnings pour in

    US stock market ends higher as earnings pour in

    By The Associated Press Stocks are headed for a fourth gain in a row after several big-name U.S. companies reported encouraging first-quarter results. PepsiCo and Goldman Sachs are among the...
    By ALEX VEIGA AP Business Writer Corporate earnings pushed U.S. stocks mostly higher on Thursday, but it wasn't an easy ride up.
  • Muscle cars out in force at New York auto show

    Muscle cars out in force at New York auto show

    Thursday, April 17 2014 5:30 PM EDT2014-04-17 21:30:33 GMT
    Who says America has lost its muscle?
    Who says America has lost its muscle?
  • Tiny power plants hold promise for nuclear energy

    Tiny power plants hold promise for nuclear energy

    Tiny nuclear power plants that could be far cheaper to build than their behemoth counterparts could herald the future for an energy industry that has come under scrutiny since the Fukushima disaster.
    Small underground nuclear power plants that could be cheaper to build than their behemoth counterparts may herald the future for an energy industry under intense scrutiny since the Fukushima disaster, the incoming head of...
  • President defending health law good for some Dems

    President defending health law good for some Dems

    With enrollments higher than expected, and costs lower, some Democrats say it's time to stop hiding from the president's health care overhaul, even in this year's toughest Senate elections.
    President Barack Obama's full-throated defense of his health care overhaul seems perfectly timed for Democrats who want their party to embrace the law more enthusiastically.
  • Chipotle plans first price hike in 3 years

    Chipotle plans first price hike in 3 years

    Mexican food chain Chipotle's first-quarter net income rose 8 percent as higher costs offset a sales surge as more customers bought its burritos and other fare.
    Chipotle is feeling confident that customers are willing to pay more for its burritos, bowls and tacos.
  • Morgan Stanley's income rose 18 percent

    Morgan Stanley's income rose 18 percent

    Investment bank Morgan Stanley says its first-quarter income rose 18 percent from a year ago, helped by its trading and merger and acquisitions advisory businesses.
    Investment bank Morgan Stanley said Thursday that its first-quarter income rose 18 percent from a year ago, helped by higher earnings in its trading and merger and acquisitions advisory businesses.
  • Goldman's income falls 11 percent, but still beats

    Goldman's income falls 11 percent, but still beats

    Investment bank Goldman Sachs says its first-quarter earnings fell as fixed income trading slumped.
    Goldman Sachs' earnings fell in the first quarter as bond trading slumped, but the results still came in ahead of what investors expected as other parts of the bank performed well.
  • US stock market mostly higher as earnings pour in

    US stock market mostly higher as earnings pour in

    Thursday, April 17 2014 4:21 PM EDT2014-04-17 20:21:32 GMT
    By The Associated Press Stocks are mostly higher on Wall Street as upbeat earnings news from several big U.S. companies encouraged investors.
    By The Associated Press Stocks are mostly higher on Wall Street as upbeat earnings news from several big U.S. companies encouraged investors.
  • BNSF outlines fertilizer shipment plan to feds

    BNSF outlines fertilizer shipment plan to feds

    Thursday, April 17 2014 4:10 PM EDT2014-04-17 20:10:13 GMT
    BNSF Railway Co. will add trains in the Dakotas, Minnesota and Montana solely for transporting fertilizer for spring crop planting, the railroad has told a federal oversight board.
    BNSF Railway Co. will add trains in the Dakotas, Minnesota and Montana solely for transporting fertilizer for spring crop planting, the railroad has told a federal oversight board.
  • Researcher finds flaw in Samsung fingerprint check

    Researcher finds flaw in Samsung fingerprint check

    A Berlin-based researcher says he has managed to fool the fingerprint-based security system on Samsung's new Galaxy S5 smartphone using wood glue and a picture of the original print.
    A Berlin-based researcher says he has managed to fool the fingerprint-based security system on Samsung's new Galaxy S5 smartphone using wood glue and a picture of the original print.
  • GM 1Q global sales up 2 pct to 2.42M

    GM 1Q global sales up 2 pct to 2.42M

    Thursday, April 17 2014 3:41 PM EDT2014-04-17 19:41:01 GMT
    General Motors says it sold 2.42 million cars and trucks in the first three months of the year, keeping it slightly ahead of Volkswagen in the global sales race.
    General Motors says it sold 2.42 million cars and trucks in the first three months of the year, keeping it slightly ahead of Volkswagen in the global sales race.
  • Russian state media claim AP skews Putin coverage

    Russian state media claim AP skews Putin coverage

    Thursday, April 17 2014 2:50 PM EDT2014-04-17 18:50:39 GMT
    Kremlin-controlled television channels criticized The Associated Press' international television service for cutting into its live feed of President Vladimir Putin's nearly four-hour call-in show to send...
    Kremlin-controlled television channels criticized The Associated Press' international television service for cutting into its live feed of President Vladimir Putin's nearly four-hour call-in show to send footage...
  • Budget office: Wage boost would cost firms $15B

    Budget office: Wage boost would cost firms $15B

    Thursday, April 17 2014 2:40 PM EDT2014-04-17 18:40:57 GMT
    The Congressional Budget Office estimates that a Senate Democratic proposal gradually boosting the minimum wage to $10.10 hourly would force businesses to spend $15 billion more in salaries in 2017.
    A Senate Democratic bill gradually increasing the federal minimum wage to $10.10 hourly would require private businesses to spend $15 billion more in salaries when it takes full effect in 2017, the Congressional Budget...
  • Judge won't order recalled GM cars to be parked

    Judge won't order recalled GM cars to be parked

    Thursday, April 17 2014 2:10 PM EDT2014-04-17 18:10:45 GMT
    A federal judge in Texas has denied an emergency motion that would have forced General Motors to tell owners of 2 million recalled cars to stop driving their vehicles until their ignition switches are repaired.
    A Texas federal judge has denied an emergency motion that would have forced General Motors to tell owners of more than 2 million recalled cars to stop driving them until the ignition switches are replaced.
  • Hot cars at this year's New York auto show

    Hot cars at this year's New York auto show

    Thursday, April 17 2014 2:10 PM EDT2014-04-17 18:10:44 GMT
    With more than 1 million visitors annually, the New York International Auto Show is one of the most important shows for the U.S. auto industry. Here are some of the vehicles debuting this year. The show opens to...
    With more than 1 million visitors annually, the New York International Auto Show is one of the most important shows for the U.S. auto industry. Here are some of the vehicles debuting this year. The show opens to the public...
  • 2 ex-Anglo Irish Bank directors convicted of fraud

    2 ex-Anglo Irish Bank directors convicted of fraud

    Two former executives of Anglo Irish Bank, the reckless lender that brought Ireland to the brink of bankruptcy, have been convicted of committing fraud in a loans-for-shares scandal.
    Two former executives of Anglo Irish Bank were found guilty Thursday of committing fraud in a loans-for-shares scandal - the first convictions to stem from a banking crisis that brought Ireland to the brink of national...
  • Union Pacific railroad's 1Q profit up 14 percent

    Union Pacific railroad's 1Q profit up 14 percent

    The harsh winter didn't keep Union Pacific railroad from delivering 14 percent higher quarterly profit as it hauled more agricultural, industrial and coal shipments.
    The harsh winter didn't keep Union Pacific railroad from delivering 14 percent higher quarterly profit as it hauled more agricultural, industrial and coal shipments.
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