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...
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...
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.
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.
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.
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...
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...
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.
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.
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...
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...
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.
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.
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.
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...
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...
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.
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.
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...
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...
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.
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.
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...
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.
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.
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.
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.
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.
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.
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.
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.
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.
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...
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...
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...
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.
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.
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...
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.
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...
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.
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...
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...
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...
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...
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.
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.
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.
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.
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.
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.
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.
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.
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...
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.
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.
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.
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.
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.
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.
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.
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.
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...
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...
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.
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...
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...
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.
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...
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.
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...
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.
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."
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.
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.
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.
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.
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...
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.
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.
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.
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.
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...
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.
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...
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...
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.
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.
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.
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.
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.
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.
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.
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.
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.
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...
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.
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...
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.
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 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...
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.
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.
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...
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.
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.
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...
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...
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...
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...
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.
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.
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...
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.
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...
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.
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.
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.
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.
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.
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.
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.
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...
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...
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.
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...
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...
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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