Business & economy news - KWWL - Eastern Iowa Breaking News, Weather, Closings

Iran cuts portion of gasoline subsidies

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Iran has cut a portion of its gasoline subsidies, nearly doubling some prices at the pump as part of a second round of cuts delayed since 2012. More>>

South Korea ferry disaster may cloud Obama visit

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President Barack Obama stepped into the familiar role of chief consoler Friday as he arrived for meetings in South Korea, a key U.S. ally that is reeling from a deadly ferry disaster. More>>

US, Japan say Pacific trade talks make headway

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Closing two days of around the clock negotiations, U.S. officials said Friday that they reached a breakthrough with Japan to move forward a stalled regional trade pact even though gaps remain that could still upend a final... More>>

Study: US manufacturers gaining competitiveness

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U.S. manufacturers have grown more competitive over the past decade compared with factories in China, Brazil and most of the world's other major economies. More>>

Protesters occupy remote oilfield in Peru

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Indigenous protesters have occupied Peru's biggest oilfield in the Amazon jungle near Ecuador to demand the cleanup of decades of contamination from spilled crude. More>>

Nevada rancher defends remarks, loses supporters

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A Nevada rancher who became a conservative folk hero for standing up to the government in a fight over grazing rights lost some of his staunch defenders Thursday after wondering aloud whether blacks might have had it... More>>

Asian stocks mixed on US earnings, goods orders

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Asian stocks were mixed Friday after solid earnings for Apple and Caterpillar and better U.S. durable goods orders. More>>

Mandalay Bay expo center getting $66M expansion

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The Mandalay Bay resort in Las Vegas announced a $66 million expansion project that will boost its convention center from the seventh-largest to the fifth-largest in the United States. More>>

Grimes criticizes McConnell over jobs comment

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A local newspaper story that quoted Senate Republican leader Mitch McConnell as saying it is "not my job" to bring employment to a struggling Kentucky county has unleashed yet another round of feuding in one of the... More>>

Postal workers' unions protest Staples program

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Postal workers in cities big and small protested in front of Staples stores on Thursday, objecting to the U.S. Postal Service's pilot program to open counters in stores, staffed with retail employees. More>>

Vermont ups the ante on genetically modified foods

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Vermont has raised the stakes in the debate over genetically modified foods by becoming the first state to pass a bill requiring that they be labeled as such in the grocery aisle, making the move despite the opposition of... More>>

Cloud strength helps Microsoft earnings top Street

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Results from Microsoft's first quarterly earnings release under new CEO Satya Nadella offered fresh justification for his focus on cloud computing. More>>

Starbucks eyes soda and lunch as US sales climb

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Starbucks keeps finding ways to squeeze more money out of people. More>>

Visa's 2Q profit jumps 26 percent as payments grow

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By ALEX VEIGA AP Business Writer Visa Inc.'s profit jumped 26 percent in its fiscal second quarter from a year earlier as the company benefited from strong growth in payments volume, service revenue... More>>

Major oil and gas firm to list fracking chemicals

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A major supplier to the oil and gas industry says it will begin disclosing 100 percent of the chemicals used in hydraulic fracturing fluid, with no exemptions for trade secrets. The move by Baker Hughes of Houston is a... More>>

Northwestern players to cast historic union vote

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Northwestern University's football players will cast ballots Friday on whether to form the nation's first union for college athletes - a potentially landmark vote that will be kept sealed for months and possibly... More>>

Google, Apple settle high-tech workers' lawsuit

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Google, Apple, Intel and Adobe Systems have settled a class-action lawsuit alleging they conspired to prevent their engineers and other highly sought technology workers from getting better job offers from one another. More>>

Amazon 1st quarter net income jumps

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Amazon's first-quarter profit rose 18 percent as shoppers continued to flock to the online mega retailer to buy goods. More>>

UPS blames winter weather for drop in 1Q profit

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First-quarter net income at UPS slumped 12 percent as winter storms increased costs for the shipping giant and cut into its revenue. More>>

FDA OKs first-ever DNA alternative to Pap smear

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Federal health regulators have cleared a genetic test from Roche as a first-choice screening option for cervical cancer. It was a role previously reserved for the Pap smear, the decades-old mainstay of women's health. More>>

Gas supplies interrupted by Wyoming plant blast

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It remains to be seen just how much of a lasting natural gas-price spike people in the West will feel after a dramatic explosion and fire at a major gas processing plant in western Wyoming. More>>

Stocks close mostly higher on earnings; Apple up

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The stock market closed mostly higher Thursday, helped by positive earnings out of several large U.S. companies including Apple and construction equipment maker Caterpillar. More>>

Court filing says ship in Texas spill was speeding

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The owner of a tugboat that collided with a ship last month, dumping nearly 170,000 gallons of oil into the Houston Ship Channel, claims in court filings the ship was speeding and being operated in a reckless manner. More>>

US proposes pay-for-priority Internet standards

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The nation's top telecoms regulator is proposing to allow a pay-for-priority fast lane on the Internet for movies, music and other services to get to people's homes. More>>

Ladies' Home Journal goes newsstand-only

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By SARAH SKIDMORE SELL AP Business Writer Meredith Corp. is ending subscription service for "Ladies' Home Journal," one of the nation's oldest women's magazines, due to declining advertiser... More>>

China set to punish web giant Sina for pornography

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China plans to revoke two crucial publication licenses for Sina.com, which might partially ban the web giant's operations, because obscene content was found during an anti-pornography crackdown, state media said Thursday. More>>

First lady gets resume from girl with jobless dad

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Michelle Obama's annual question-and-answer session with the children of Executive Office employees took a serious turn Thursday when a 10-year-old girl in the front row told the first lady that her dad had been out of... More>>

Stocks edge higher on earnings gains; Apple up

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Stocks are finishing slightly higher, led by the technology sector after Apple reported a big earnings gain. More>>

Amazon launches grocery service for Prime members

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Amazon is taking aim at grocery stores and discounters like Wal-Mart with a grocery service that lets its Prime loyalty club members fill up to a 45-pound box with groceries and get it shipped for a flat rate of $5.99. More>>

Manufacturers see better times for economy, jobs

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Companies are finally starting to spend some of the cash they've been sitting on, and that could mean a stronger economy and more jobs are on the way. More>>

North Dakota finds more radioactive oil waste

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North Dakota confirmed Thursday the discovery of a new radioactive dump of waste from oil drilling, and separately a company hired to clean up waste found in February at another location said it removed double the amount... More>>

In Disney's shadow, homeless families struggle

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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... More>>

FDA eases into regulating e-cigarettes

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The federal government's move to regulate e-cigarettes is a leap into the unknown. More>>

Google's top social networking executive departs

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Google's top social networking executive is leaving the Internet company after a nearly eight-year stint highlighted by an audacious challenge to Facebook. More>>

New York Times 1Q profit falls 51 pct

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The New York Times Co. said Thursday that its first-quarter net profit dropped 51 percent, as higher costs outpaced small increases in circulation and advertising revenue. More>>

GM profit sinks; CEO sees no recall hit to sales

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The cost of recalling nearly 7 million cars and trucks sank General Motors' first-quarter profit, but the company's CEO said the much-publicized recalls have yet to cut into sales. More>>

For airlines not named United, it was a great 1Q

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Even with the turbulence of severe winter storms and stubbornly high fuel prices, many of the major airlines are cruising and their stock prices are soaring. More>>

Philadelphia newspaper guild won't bid for company

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Workers at Philadelphia's two largest newspapers won't be able to mount a bid for their troubled company, after a wealthy potential backer balked at the projected $77 million opening price. More>>

Russia's Putin calls the Internet a 'CIA project'

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President Vladimir Putin on Thursday called the Internet a CIA project and made comments about Russia's biggest search engine Yandex, sending the company's shares plummeting. More>>

US journalist released in east Ukraine

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An American journalist who was held by pro-Russia insurgents in eastern Ukraine for several days says he has been released and is in good condition. More>>

New drug sales help boost Novartis Q1 profit

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Strong new drug sales and higher operating income helped Swiss pharmaceutical firm Novartis AG report a 24 percent rise in first-quarter profit. More>>

Caterpillar 1Q profit climbs 5 pct, forecast rises

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By TOM MURPHY AP Business Writer Caterpillar's first-quarter earnings rose 5 percent, and the construction equipment maker raised its 2014 forecast. But the company also said Thursday that a mining... More>>

Smart Spending: Get your groove on, on a budget

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As the air gets warmer and spring blossoms, the season of music festivals is upon us. From Bonnaroo Music & Arts Festival in Tennessee in June to Lollapalooza in Chicago in August, music lovers across the country will... More>>

Aetna's 1Q profit jumps 36 pct, forecast climbs

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By TOM MURPHY AP Business Writer Aetna's first-quarter net income soared 36 percent, fueled by gains from a multi-billion-dollar acquisition, and the health insurer hiked its 2014 earnings forecast... More>>

Stocks mostly higher on earnings gains; Apple up

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Stocks are mostly higher in midday trading, led by the technology sector after Apple reported a big earnings gain. More>>

Marlboro maker Altria 1Q profit falls

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Altria Group Inc.'s first-quarter profit dropped 15 percent as the Marlboro maker sold fewer cigarettes and its year-ago results benefited from lower expenses from a longstanding legal settlement. More>>

Average US 30-year mortgage rate up to 4.33 pct

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Average U.S. rates on fixed mortgages rose this week as the spring home-buying season has gotten off to a slow start. More>>

Khodorkovsky criticizes Putin at Kiev forum

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Mikhail Khodorkovsky, once Russia's most famous prisoner, has harshly criticized Russian President Vladimir Putin over the annexation of Crimea and Russian pressure against Ukraine. More>>

Verizon 1Q profit surges on Vodafone-related gains

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Verizon's $130 billion deal to take over of all of Verizon Wireless is helping lift its profit. More>>

Spanish economic growth seen fastest since 2008

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Spain's economy expanded by 0.4 percent in the first quarter, the Bank of Spain estimated Thursday, the fastest growth in six years and further evidence the recovery is gathering steam. More>>

Mixed earnings news leaves stocks little changed

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Mixed earnings news from big U.S. companies left investors searching for direction in early trading, leaving major indexes little changed. More>>

Applications for US unemployment aid jump to 329K

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The number of people seeking U.S. unemployment benefits surged 24,000 to a seasonally adjusted 329,000 last week, though the gain likely reflected temporary layoffs in the week before Easter. More>>

Zimmer buying Biomet in deal valued at $13.35B

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Orthopedic device maker Zimmer is buying privately-held Biomet for about $13.35 billion in a move aimed at helping expand its product offerings and services. More>>

Southwest Airlines posts a record 1Q profit

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Southwest Airlines Co. said Thursday that it made a record $152 million in the first quarter, more than doubling the $59 million it earned during the same time last year. More>>

US durable goods orders up 2.6 percent in March

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Orders to U.S. factories for long-lasting manufactured goods posted a solid gain for the second straight month in March. A key category that signals business investment plans increased at the fastest pace in four months. More>>

American Airlines swings to $480M 1Q profit

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American Airlines is making money again and beating expectations after its merger with US Airways. More>>

3M 1Q results improve, but miss Street's view

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3M's first-quarter net income rose 7 percent, led by sales growth in its health care business. More>>

United loses $609M in 1Q; fares don't cover costs

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By SCOTT MAYEROWITZ AP Business Writer United Airlines is the one U.S. carrier that can't seem to get its act together. More>>

Oil near $102 on Ukraine crisis, Libya export woes

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By PABLO GORONDI Associated Press The price of oil rebounded to near $102 a barrel Thursday on worries about tensions in Ukraine and continued concerns about crude exports from Libya and Nigeria. More>>

1 year after factory collapse, Bangladeshis suffer

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One year after the Rana Plaza garment factory collapsed in a pile of concrete slabs and twisted metal, Bangladeshi seamstress Shefali says she would rather starve to death than return to factory work. More>>

Starwood rides economic recovery to strong 1Q

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Starwood's first-quarter net income declined 36 percent compared with last year when it booked some big asset sales, but it easily beat Wall Street expectations for profit and revenue. More>>

Tokyo court starts Mt. Gox bankruptcy proceedings

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Bankruptcy proceedings began Thursday for the Mt. Gox bitcoin exchange, a move that was widely expected after the Tokyo District Court decided earlier this month that the company would not be able to resurrect itself. More>>

Draghi wants to publish ECB minutes

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European Central Bank head Mario Draghi says the bank's rate-setting council should publish a written account of its deliberations - without names. More>>

US-Japan trade talks suspended without agreement

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Talks between the United States and Japan on a Pacific Rim trade pact have halted for now without any resolution in sight, spoiling plans for a showcase deal during President Barack Obama's visit to Tokyo. More>>

Alstom shares jump amid talk of GE buyout

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Shares in French train and equipment manufacturer Alstom have spiked on reports that General Electric Co. is considering making a bid for the company. More>>

Unilever first quarter sales hit by strong euro

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Unilever PLC, the maker of consumer products such as Dove soaps and Ben & Jerry's ice cream, said Thursday that the stronger euro dented its revenues in the first quarter of the year. More>>

Large Scania shareholder accepts Volkswagen bid

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Volkswagen has come closer to realizing its ambition to takeover Scania after the fourth largest shareholder in the Swedish truck maker announced it will accept the 6.7 billion-euro ($9.2 billion) bid. More>>

Last year's deadbeats do best as stocks stall

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Financial markets rarely stick to the script, and this year is no different. More>>

Obama: US would defend Japan in islands dispute Video included

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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... More>>

Heineken returns to growth in Western Europe

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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... More>>

Obama: New sanctions against Russia are 'teed up' Video included

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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. More>>

Obama: Time is now to resolve trade pact issues Video included

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President Barack Obama says the time is now to resolve issues preventing the conclusion of a major, 12-nation trade agreement. More>>

China to open 8 state industries for investment

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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. More>>

Asian stocks mixed on Obama visit, US dip

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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. More>>

FCC to propose pay-for-priority Internet standards

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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... More>>

Buffett disapproves of Coca-Cola's pay plan

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Warren Buffett criticized Coca-Cola's pay plan for its executives on Wednesday. More>>

Apple increases stock buyback, will split stock

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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... More>>

Facebook 1Q results soar; CFO to step down

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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. More>>

Internet TV case: Justices skeptical, concerned Video included

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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. More>>

US stocks edge lower after a six-day rise

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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. More>>

Buffett says stock prices are in reasonable range

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Investor Warren Buffett says most stocks are trading at reasonable prices even though the market has soared this year. More>>

Russian social media CEO quits, flees country

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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... More>>

A stock rally falters as US earnings disappoint

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The stock market is closing slightly lower as several U.S. companies report disappointing earnings. More>>

First lady announces one-stop job site for vets

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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... More>>

Amazon snares classic shows in deal with HBO

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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. More>>

Bloomberg invests $5M in solar-powered lamp

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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. More>>

Aereo CEO speaks on company, Supreme Court case

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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... More>>

Wellness programs grow more popular with employers

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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... More>>

Norfolk Southern railroad 1Q profit falls 18 pct

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Norfolk Southern's first-quarter profit fell 18 percent as severe winter weather slowed the railroad's shipments and coal revenue dropped 15 percent. More>>

Greek milestone helps Europe put crisis in past

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Europe's debt crisis is receding farther behind in the rear view mirror. More>>

Microsoft expands ad-free Bing search for schools

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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... More>>

Labor Dept. cuts levels of allowable coal dust

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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. More>>

Gannett 1Q net profit falls 43 pct

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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. More>>

Faster production brings Boeing $965M 1Q profit

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By SCOTT MAYEROWITZ AP Airlines Writer Boeing's increased rate of commercial jet manufacturing is starting to pay off for shareholders. More>>

Delta navigates nasty winter, tops profit forecast

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Delta Air Lines Inc. is making more money by filling more seats on its planes and paying a bit less for fuel. More>>

Textron eliminating 750 Cessna, Beechcraft jobs

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Just over a month after buying Beechcraft for $1.4 billion, Textron announced 750 job cuts at that company and at its Cessna division. More>>

A stock rally falters as US earnings disappoint

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The stock market is slightly lower after a six-day advance as several U.S. companies report disappointing earnings. More>>

Procter & Gamble 3Q net income up on cost cuts

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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. More>>

Spacious new Heathrow Terminal 2 set for opening

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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. More>>

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

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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. More>>

Union protests postal counters in Staples stores

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Postal workers plan protests in 27 states Thursday against the opening of postal counters in Staples stores that are staffed with Staples employees. More>>

Sales of new US homes plunge 14.5 percent in March

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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. More>>

A stock rally falters as US earnings disappoint

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A six-day rally on the stock market is petering out as some U.S. companies report earnings that disappoint investors. More>>

Europe recovery shows signs of strengthening

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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. More>>

Oil below $102 as US crude supplies seen rising

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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. More>>

Yields fall sharply in Portuguese debt auction

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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. More>>

France raises deficit forecasts amid low growth

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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. More>>

Reynolds American 1Q profit falls more than 28 pct

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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. More>>

Finalists named in Bloomberg European city contest

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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... More>>

Ericsson in $260 million first-quarter profit

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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... More>>

Toyota sells 2.58 million vehicles, outselling GM

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Toyota kept its position at the top in global vehicle sales for the first quarter of this year, outpacing rivals General Motors and Volkswagen. More>>

Amnesty: Qatar fails to protect domestic workers

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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... More>>

Australia lifts F-35 order from 14 to 72 fighters

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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. More>>

Asia shares mixed on lackluster China data

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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. More>>

Obama visit to Asia seen as counterweight to China Video included

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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... More>>

Survey: China manufacturing shrinks for 4th month

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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. More>>

No solution in sight for China shoe factory strike

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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... More>>

Valeant, Ackman make $45.6B Allergan bid

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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. More>>

Advocates vow to revive Navajo junk-food tax

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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... More>>

Investor pressure pushing drugmaker M&A deals

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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... More>>

Comcast 1Q earns surge on upbeat NBC results

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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... More>>

Health care site flagged in Heartbleed review

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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... More>>

AT&T had strong 1Q on wireless installment plans

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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. More>>

Attacks on payment systems trail other cybercrimes

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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. More>>

Earnings and corporate deals lift US stocks

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Corporate deals and some solid earnings reports propelled the stock market to its sixth straight gain Tuesday. More>>

Maine baby lobster decline could end high catches

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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. More>>

Oklahoma faces budget crisis despite economic boom

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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. More>>

AT&T explores expansion of super-fast Internet

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AT&T plans a major expansion of super-fast Internet services to cover as many as 100 municipalities in 25 metropolitan areas. More>>

Apple offering free recycling of all used products

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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. More>>

Stocks move higher as more earnings roll in

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The stock market is notching its sixth gain in a row as more U.S. companies report solid earnings. More>>

Harley-Davidson 1Q earnings roar ahead

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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. More>>

Hawaii is genetically engineered crop flash point

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You can trace the genetic makeup of most corn grown in the U.S., and in many other places around the world, to Hawaii. More>>

GM, lawyers fight over bankruptcy protections

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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. More>>

Job market for college grads better but still weak

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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. More>>

McDonald's 1Q profit slips as US sales decline

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McDonald's is fighting to hold onto customers in the U.S. More>>

Novartis reshapes business with GSK, Lilly deals

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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... More>>

Stocks move higher as more earnings roll in

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Stocks are moving higher as more U.S. companies report solid earnings. More>>

AT&T joins crowded field with online video plans

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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. More>>

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

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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. More>>

Unilever says it will use less plastic per bottle

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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. More>>

Philips shares slump over weak 1st-quarter profits

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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. More>>

Tesla delivers first China cars, plans expansion

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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. More>>

Stocks edge higher as more earnings roll in

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Stocks are moving higher in early trading as investors assess more corporate earnings. More>>

Japan, US struggle to bridge gap on freer trade

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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. More>>

E-cig industry awaits looming federal regulation

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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. More>>

US newspaper industry revenue fell 2.6 pct in 2013

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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. More>>

German tax income jumps in 1st quarter

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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. More>>

AP names Klug to top SKorea editorial position

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The Associated Press has named Seoul news editor Foster Klug as its chief of bureau for South Korea. More>>

Asian stocks edge mostly higher on US earnings

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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... More>>

PG&E pleads not guilty in fatal pipeline blast

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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... More>>

Valeant to bid for Botox maker Allergan

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Valeant Pharmaceuticals has teamed up with activist investor Bill Ackman in a bid for Botox maker Allergan that could be worth about $40 billion. More>>

Affordable Care Act only chips away at a core goal

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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. More>>

Netflix poised to raise prices after strong 1Q

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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... More>>

Powdered alcohols no longer have label approvals

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Don't expect powdered alcohol to hit store shelves anytime soon. More>>

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

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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... More>>

Thawing out: Warmer temperatures lift US economy

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Spring's thaw is reviving the economy, too. More>>

Stocks log longest winning streak in six months

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The stock market logged its longest winning streak in six months Monday as another big week for company earnings began. More>>

UAW ends withdraws appeal of Volkswagen union vote

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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... More>>

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

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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. More>>

US rules against Mexico, Turkey in steel dispute

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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... More>>

Stocks post modest gains as earnings roll in

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Stocks are closing higher as more U.S. companies report first-quarter earnings. More>>

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

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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. More>>

Supreme Court considers juice label dispute

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Count Supreme Court Justice Anthony Kennedy among consumers who feel misled by a beverage called "Pomegranate Blueberry Flavored Blend of 5 Juices." More>>

Gunmen detain 3 journalists in eastern Ukraine

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Three foreign journalists were temporarily detained by pro-Russia insurgents in city in eastern Ukraine on Monday. More>>

US justices seek middle ground in Argentina case

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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. More>>

Late sign-ups improve outlook for Obama health law Video included

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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. More>>

Report: Sandy's fallout affecting small business

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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. More>>

Stocks post modest gains as earnings roll in

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Stocks are moving higher at the beginning of another big week for company earnings. More>>

Gauge of US economy up for 3rd straight month

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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. More>>

Stocks edge higher as major earnings week starts

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Stocks are edging higher as another big week for company earnings begins. More>>

High court to hear dispute about TV over Internet Video included

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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... More>>

Oil stays above $104 amid Ukraine jitters

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The price of oil edged down Monday but stayed above $104 per barrel as investors watched simmering tensions in Ukraine. More>>

5 features an Amazon phone might offer

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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. More>>

Higher costs pressured businesses in 1st quarter

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Rising costs for materials and labor appear to be pressuring businesses, according to a quarterly survey from the National Association of Business Economics. More>>

Asian stocks mixed after holiday weekend

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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. More>>

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