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

Germanwings pilots union plans strike for Friday

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A German union representing pilots says it is planning a new round of strikes in a long-running dispute over wages and early retirement benefits. More>>

Tim Hortons a big part of Canadian identity

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Few things unite Canadians the way Tim Hortons does. For half a century, they have warmed themselves on chilly mornings with the chain's coffee and Timbits - or doughnut holes to Americans. More>>

Deal reached to sell supermarket chain to ex-CEO

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A New England supermarket chain that has been in turmoil for weeks over a workers' revolt and customer boycott has announced that the former CEO is buying the company from rival relatives. More>>

Asian stocks post cautious gains, Qantas surges

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Asian stock markets were mostly higher Thursday but gains were muted ahead of U.S. economic data and possible policy announcements from Japan. More>>

FBI investigating reports of attacks on US banks

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The FBI said Wednesday it's working with the Secret Service to determine the scope of recently reported cyberattacks against several U.S. financial institutions. More>>

Qantas Airways posts $2.6 billion loss for year

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Qantas Airways Ltd. on Thursday posted a record 2.8 billion Australian dollar ($2.6 billion) loss, reflecting a profit-draining battle with its smaller rival Virgin Australia and aircraft write downs. More>>

Deal on health care aids port contract talks

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Negotiators hoping to forge a new contract for dockworkers and keep hundreds of billions of dollars in cargo moving smoothly through West Coast seaports made significant progress with a tentative deal on health care... More>>

SEC adopts rules on loan-backed securities

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Federal regulators on Wednesday voted to require financial firms that sell securities backed by loans, like the kind that fueled the 2008 financial crisis, to give investors details on borrowers' credit records and... More>>

GM to move Cadillac SRX production to Tennessee

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General Motors announced Wednesday that it is moving production of its next-generation Cadillac SRX crossover SUV from Mexico to its plant in Tennessee, leading United Auto Workers leaders to chide Tennessee Republicans... More>>

Stocks drift higher; S&P 500 holds on to 2,000

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By The Associated Press Stocks are drifting mostly higher as a main U.S. index sets a record for a third day in a row. More>>

3 ways insurers can discourage sick from enrolling

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By TOM MURPHY AP Business Writer Insurers can no longer reject customers with expensive medical conditions thanks to the health care overhaul. But consumer advocates warn that companies are still using... More>>

IMF chief Lagarde under investigation in France

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Christine Lagarde, the chief of the International Monetary Fund, was put under official investigation for negligence in a French corruption probe that dates back to her days as France's finance minister. More>>

Cypriots protest proposed bank loan legislation

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Hundreds of Cypriots have staged a protest outside the presidential palace against proposed legislation aimed at helping the bailed-out country's beleaguered banks collect on bad loans. More>>

UN health agency urges crackdown on e-cigarettes

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Governments should have tougher rules for electronic cigarettes - banning their use indoors and putting them off limits for minors - until more evidence can be gathered about their risks, the U.N. health agency said Tuesday. More>>

10 things to know about corporate inversions

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Burger King is drawing a lot of flak over plans to shift its legal address to a foreign country by merging with Tim Hortons, the Canadian coffee-and-doughnut chain. More>>

Time Warner Cable says outages largely resolved

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Time Warner Cable said Wednesday that service was largely restored after a problem during routine maintenance caused a nationwide outage of its Internet service for hours. More>>

Citing Ebola, Air France suspends flights

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France on Wednesday recommended that its citizens leave the African countries of Sierra Leone and Liberia because of the outbreak of Ebola there, and Air France temporarily suspended its three flights a week to Sierra Leone. More>>

Stocks drift higher; S&P 500 holds at 2,000 points

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By The Associated Press U.S. stock indexes edged higher in midday trading Wednesday, drifting slightly from a record high set the day before. More>>

Low-budget Ryanair launches business-class

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European budget carrier Ryanair is offering business-class tickets in an attempt to woo companies and governments during penny-pinching times. More>>

US economy forecast to grow by 1.5 percent in 2014

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The Congressional Budget Office on Wednesday forecast that the U.S. economy will grow by just 1.5 percent in 2014, undermined by a poor performance during the first three months of the year. More>>

Spanish chain pulls kids' shirt after outcry

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Spanish fashion retailer Inditex said Wednesday it has withdrawn a children's shirt that triggered an outcry from people who said it was reminiscent of the clothes Jews were made to wear at Nazi concentration camps. More>>

Video games come of age as spectator sport

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Video games have been a spectator sport since teenagers crowded around arcade machines to watch friends play "Pac-Man." And for decades, kids have gathered in living rooms to marvel at how others master games like "Street... More>>

Cantwell targets small business loan gender gap

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Women still have a hard time getting small business loans. Sen. Maria Cantwell is determined to close the gap. More>>

2 Europe navigation satellites in the wrong orbits

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European space officials say they're investigating whether the inaccurate deployment of two satellites will complicate their efforts to develop a new Galileo satellite navigation system that would rival America's... More>>

Stocks edge higher in early trade; Tiffany gains

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By The Associated Press U.S. stocks are opening slightly higher, a day after the Standard & Poor's 500 index had its first close above 2,000 points. More>>

Germany plans to tighten EU migration rules

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The German government proposed measures Wednesday to tighten migration regulations for citizens from elsewhere in the European Union amid accusations of welfare abuse by poor immigrants from Bulgaria and Romania. More>>

Scottish businesses: no case for independence

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A group of 130 business leaders in Scotland have signed an open letter arguing that the case for independence from Britain has not been made. More>>

Malaysia Airlines set for shakeup after disasters

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Malaysia is preparing to unveil the latest overhaul of its beleaguered state-owned airline, which is reeling from twin disasters months apart that killed hundreds of passengers. More>>

Annual tomato battle leaves Spanish town red

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The streets of an eastern Spanish town are awash with red pulp as thousands of people pelt each other with tomatoes in the annual "Tomatina" battle that has become a major tourist attraction. More>>

Godzilla stomps back in ultra HD, wires intact

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At a humble Tokyo laboratory, Godzilla, including the 1954 black-and-white original, is stomping back with a digital makeover that delivers four times the image quality of high definition. More>>

Even if attacked, airline could be liable in crash

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By DAVID KOENIG AP Airlines Writer Families of passengers who were on the Malaysia Airlines plane shot down over Ukraine are starting to sort through the long process of gaining compensation for their loss. More>>

TiVo to make version for those without cable

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Here's a sign more households are going without cable or satellite TV: TiVo Inc. is making a digital video recorder just for so-called cord-cutters. More>>

Amazon could be ESPN of video games in Twitch deal

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Amazon is hoping to become the ESPN of video games. More>>

Sony network hacked, exec's flight diverted

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Hackers attacked Sony's PlayStation Network and apparently disrupted the travel plans of a top company executive by going on Twitter to suggest that there was a bomb on his American Airlines plane. More>>

Conflicts weighing heavily on German consumers

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A closely-watched survey shows economic expectations among German consumers have "completely collapsed" over concerns about the conflicts in Iraq, Israel and Ukraine. More>>

Afghanistan's one-time booming war economy slows

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Rows of dusty trucks and used cars sit unsold in Afghanistan's capital, where real estate agents bemoan a lack of sales and international businessmen no longer frequent top hotels. Even government employees nervously... More>>

AP survey: Fed's outlook correct but not solution

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Economists appear to be of two minds about the Federal Reserve. More>>

French gov't reshuffle expels dissident ministers

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France's prime minister reshuffled his Cabinet on Tuesday to silence ministers who had openly criticized Socialist President Francois Hollande's economic policies as he tries to pull the nation out of stagnation... More>>

Another milestone: S&P 500 closes above 2,000

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It was a big round-number day for the stock market. More>>

Burger King plans expansion of Tim Hortons

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The fight for the coffee and breakfast crowd is heating up, both at home and abroad. More>>

US home price gains slow in June

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U.S. home prices increased at a slower pace in June - a cooldown that could continue for several more months. More>>

Turner Broadcasting offering buyouts

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The corporate parent of CNN, TNT and TBS on Tuesday offered voluntary buyouts to 600 veteran employees, part of an overall cost-cutting effort at the Atlanta-based broadcasting company founded by Ted Turner. More>>

Gov't warns US retailers about hacking software

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More than 1,000 U.S. retailers could be infected with malicious software lurking in their cash register computers, allowing hackers to steal customer financial data, the Homeland Security Department said Friday. More>>

S&P 500, Dow average heading for record highs

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Encouraging economic news is sending the stock market further into record territory. More>>

Iceland lowers aviation alert level from volcano

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Iceland lowered its aviation alert level to orange from red Sunday, saying there was no sign of an imminent eruption at the Bardarbunga volcano. And scientists at the Icelandic Meteorological Office said their announcement... More>>

Survey: US consumer confidence near a 7-year high

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U.S. consumer confidence this month reached its highest point in nearly seven years, boosted by strong job gains. More>>

US durable goods orders surge record 22.6 percent

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Business orders for long-lasting manufactured goods shot up by the largest amount on record in July. But most of the strength came from demand for commercial aircraft, which tends to fluctuate sharply from month to month.... More>>

Oregon sues Oracle over failed health care website

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The state of Oregon filed a lawsuit Friday against Oracle America Inc. and several of its executives over the technology company's role in creating the troubled website for the state's online health insurance... More>>

Lawsuits challenge FAA drone, model aircraft rules

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Model aircraft hobbyists, research universities and commercial drone interests filed lawsuits Friday challenging a government directive that they say imposes tough new limits on the use of model aircraft and broadens the... More>>

US credit card late payments down in 2Q

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Americans are doing a better job of making timely credit card payments, even as many lenders increasingly extend credit to more people with less-than-stellar credit. More>>

US stocks open higher; S&P 500 at 2,000 points

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Stocks are opening higher as investors welcomed the latest corporate deal news, sending the Standard & Poor's 500 index back above 2,000. More>>

New Obama birth control fixes for religious groups

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Seeking to quell a politically charged controversy, the Obama administration announced new measures Friday to allow religious nonprofits and some companies to opt out of paying for birth control for female employees while... More>>

US durable goods orders surge record 22.6 percent

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Business orders for long-lasting manufactured goods shot up by the largest amount on record in July but much of the strength came from a huge surge in demand for commercial aircraft. Outside of transportation, orders... More>>

Whisky's worries mirror economic fears in Scotland

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Carl Reavey plunged his nose into the glass, inhaled the amber liquid's scent, then sipped. Slowly. More>>

Asia stocks lackluster, US economic data awaited

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Asian stock markets were lackluster Tuesday as investors continued to digest monetary policy signals from the Jackson Hole meeting of central bankers and looked ahead to data expected to show an improving U.S. economy. More>>

John Sperling, University of Phoenix founder, dies

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John G. Sperling was in his teens - illiterate and the survivor of a childhood filled with illness - when a shipmate in the Merchant Marine taught him to read. More>>

Businesses: Quake cleanup shouldn't deter tourists Video included

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The earthquake that jarred California's wine capital caused $1 billion in damage, Napa County officials estimated Monday as business owners mopped up high-end vintages that spilled from barrels and bottles and swept... More>>

Legal questions arise for fantasy day game biz

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By EDDIE PELLS AP National Writer Some of the newest incarnations of fantasy football look a lot more like gambling than intricate, outsmart-your-opponent strategy games. More>>

Cops called after fliers fight over seat recline

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Airline passengers have come to expect a tiny escape from the confined space of today's packed planes: the ability to recline their seat a few inches. When one passenger was denied that bit of personal space Sunday, it... More>>

Hard to swallow? Burger King may move to Canada

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Some Burger King customers are finding it hard to swallow that the home of the Whopper could move to Canada. More>>

S&P 500 touches 2,000 as corporate deals continue

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The stock market hit another milestone as the Standard & Poor's 500 index briefly traded above 2,000 points for the first time. More>>

UPS, pilots' union barred from air crash probe

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A federal accident board has told UPS and its pilots' union they can no longer participate in the agency's investigation of a crash that killed two of the cargo shipper's pilots. More>>

French government dissolves over economic policy

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President Francois Hollande is weighing his options after dissolving the government on Monday over open feuding in the Cabinet about how much cutting - or spending - will revive the country's stagnant economy. More>>

Slovenia's parliament approves newcomer as premier

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Slovenia's parliament has approved political newcomer Miro Cerar as the crisis-stricken eurozone country's next prime minister. More>>

Talk of ECB action grows as European economy fades

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Worries about the economy are rippling through Europe. More>>

Sales of US new homes fall in July

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Fewer Americans bought new homes in July, evidence that the housing sector is struggling to gain traction more than five years into the economic recovery. More>>

S&P 500 trades above 2,000 points for first time

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Stocks are moving higher in midday trading, pushing the Standard & Poor's 500 index above 2,000 points for the first time. More>>

S&P 500 trades above 2,000 points for first time

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The stock market has reached another milestone as the Standard & Poor's 500 index trades above 2,000 points for the first time. More>>

US stocks open the week higher, Europe gains

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Stocks are opening higher in the U.S. after central bankers in Europe and Japan said support for their economies would continue. More>>

Germans back Spanish minister for euro finance job

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German Chancellor Angela Merkel says her country will back Spanish Economy Minister Luis de Guindos's candidacy to be the next head of the Eurogroup, the gathering of eurozone finance ministers that sets important... More>>

Toyota's most rugged Land Cruiser is back in Japan

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Toyota Motor Corp. is bringing back the Land Cruiser 70 in Japan, catering to nostalgic demand for the rugged off-roader that's favored for challenging terrains and as an aid agency vehicle in disaster zones. More>>

Music site SoundCloud to start paying artists

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SoundCloud said Thursday that it will start paying artists and record companies whose music is played on the popular streaming site, a move that will bring it in line with competitors such as YouTube and Spotify. More>>

Survey: Economists say Fed is on 'the right track'

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A majority of economists believe the Federal Reserve is doing the right things to help repair the U.S. economy, according to a survey released Monday by the National Association of Business Economists. More>>

Survey: US gas prices down 4 cents per gallon

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The average U.S. price of gasoline has dipped 4 cents per gallon in the past two weeks, and prices in California have fallen 5 cents in the same time period. More>>

As conference ends, economists give clashing views

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Most visitors to Wyoming's Grand Teton National Park are drawn to the peak that gave the park its name - a 13,776-foot monolith that dominates the sweeping skyline. More>>

Yellen signals uncertainty about a rate increase

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If anyone thought Janet Yellen might clarify her view of the U.S. job market in her speech here Friday, the Federal Reserve chair had a message: More>>

'Guardians' retakes box office, tops summer films

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"Guardians of the Galaxy" became the summer's top-grossing movie at the North American box office with a $17.6 million weekend that narrowly bested the young adult melodrama "If I Stay," while the long-delayed "Sin... More>>

Democrats reframe debate on health care

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President Barack Obama's unpopular health care law is losing some of its political punch as vulnerable Democrats see it as less of an election-year minus and Republicans increasingly talk about fixing it instead of... More>>

De Rothschild, grande dame of wine, dies at 80

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Philippine de Rothschild, an energetic and self-certain grande dame of Bordeaux wine who halted an acting career to run vineyards owned by the family dynasty, has died, her company said Sunday. She was 80. More>>

Allergan reviews meeting requests in takeover bid

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Botox maker Allergan Inc. is reviewing shareholder requests for a special meeting to consider replacing most of its board, a change fellow drugmaker Valeant Pharmaceuticals International Inc. is seeking as part of the... More>>

Roche to buy US biotech firm InterMune for $8.3B

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Swiss pharmaceutical company Roche said Sunday it has reached an $8.3 billion deal to buy InterMune Inc., a California-based developer of treatments for lung diseases. More>>

Protesters against brown coal form human chain

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Several thousand people have formed a human chain across the German-Polish border to protest the expansion of open-cast mining for brown coal in the region. More>>

Obama urges renewal of US Export-Import Bank

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President Barack Obama is trying to rally support for a taxpayer-subsidized bank that he says creates jobs. More>>

Charter Communications reports Internet outage

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Charter Communications Inc. said late Saturday that the company was aware of some customers experiencing Internet outages across its service area. More>>

At Jackson Hole, central bankers eye varying goals

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The central bankers meeting this week at their annual conference in Jackson Hole, Wyoming, aren't exactly in sync. Many are taking steps that clash with the policies of others. More>>

Airlines on alert as eruption begins in Iceland

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Iceland's Bardarbunga volcano burst forth with a small eruption Saturday under the ice of Europe's largest glacier, scientists said, prompting the country to close airspace over the area. More>>

Stocks are mostly lower as Ukraine tensions flare

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The stock market paused Friday, following four days of gains, after a speech by Federal Reserve Chair Janet Yellen left investors unsure about how the nation's most important financial voice feels about raising... More>>

Social media pushes back at militant propaganda

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The extremists of the Islamic State group have turned their social media into a theater of horror, broadcasting a stomach-turning stream of battles, bombings and beheadings to a global audience. More>>

Coal gas boom in China holds climate change risks

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Deep in the hilly grasslands of remote Inner Mongolia, twin smoke stacks rise more than 200 feet into the sky, their steam and sulfur billowing over herds of sheep and cattle. Both day and night, the rumble of this power... More>>

Lufthansa pilots' union threatens new strikes

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A union representing Lufthansa's pilots is threatening a new round of strikes in a long-running dispute over wages and early retirement benefits. More>>

Goldman in deal worth $1.2B over US bond claims

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Goldman Sachs has agreed to a settlement worth $1.2 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed... More>>

Hamas kills 18 suspected informers to deter leaks

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Gaza militants Friday gunned down 18 alleged spies for Israel in an apparent attempt to plug security breaches and deter others, a day after Israel killed three top Hamas military commanders in an airstrike likely guided... More>>

Apple's stock bounces back to hit a new high

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Apple's stock touched a new high Wednesday, reflecting investors' renewed faith in CEO Tim Cook's ability to outwit the competition and expand the technological hit factory built by the late Steve Jobs. More>>

MLB online chief optimistic on relaxing blackouts

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An easing of blackout restrictions on Major League Baseball games online could come as early as next season, according to the head of baseball's online business. More>>

Mexico creates special economic-crime force

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Mexico launched a special 5,000-strong police force Friday to combat industrial, farm and business crime that has extended throughout the country's economy, strangling commerce in some regions. More>>

Stocks end mostly lower as Ukraine tensions flare

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More tensions in Ukraine left the stock market slightly lower in quiet trading. More>>

Draghi: ECB can't do it all, governments must act

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European Central Bank head Mario Draghi said Friday the bank is ready to do more to boost the shaky recovery in the 18 countries that use the euro - but warns governments must join in efforts to reduce stubbornly high... More>>

Yemen's Shiite-rebel group escalate standoff

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Thousands of supporters of Yemen's powerful Shiite rebel group escalated their standoff with the government on Friday, setting up tents near three ministries to press for the replacement of a prime minister they depict... More>>

Expectations of ECB help drive down eurozone rates

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By DAVID McHUGH AP Business Writer Investors appear to be putting their money on the likelihood of more stimulus measures from the European Central Bank to keep the eurozone's shaky recovery from... More>>

Serbia says it won't impose sanctions on Russia

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Despite pressure from the European Union, Serbia will not impose sanctions against Russia or curb its food exports to that country, Serbian Prime Minister Aleksandar Vucic said Friday. More>>

Dead floppy drive: Kenya recycles global e-waste

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In an industrial area outside Kenya's capital city, workers in hard hats and white masks take shiny new power drills to computer parts. This assembly line is not assembling, though. It is dismantling some of the... More>>

Ice bucket challenge may change nonprofit world

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The ice bucket challenge's phenomenal success is making other charitable organizations rethink how they connect with a younger generation of potential donors. More>>

Stocks little changed on Ukraine, Yellen speech

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Stocks are little changed at midday after a speech by Federal Reserve Chair Janet Yellen left investors unsure on how the bank will proceed on interest rates. More>>

McDonald's names new US president again

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McDonald's named a new president for its struggling U.S. division on Friday, marking the second change in the high-profile spot in less than two years. More>>

Germany sues Swiss bank for communist-era fortune

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Germany is suing a Swiss bank to reclaim millions of euros that once belonged to communist East Germany. More>>

Keurig strikes deal with Kraft on coffee brands

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Keurig Green Mountain says it struck a deal to make Kraft's branded coffees, such as Maxwell House and Gevalia, for its single-serve brewing systems in the U.S. More>>

Ukraine jitters send US stocks slightly lower

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Stocks are little edging lower in early trading amid concerns of an escalation in the Ukrainian crisis after a Russian aid convoy entered the country. More>>

Dynegy to spend $6.25B on power plant acquisitions

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By The Associated Press Dynegy plans to spend more than $6 billion to buy several coal and gas power generation plants from Duke Energy and Energy Capital Partners. More>>

Russian ban on Polish apples sparks cider debate

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Poland's Economy Ministry wants the nation of beer and vodka lovers to drink more cider. More>>

Yellen speech awaited for any hint on rate timing

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Two days after the Federal Reserve revealed an intensifying internal debate over interest rates, Chair Janet Yellen will address the annual Fed conference in Jackson Hole, Wyoming, with investors seeking any clear hints of... More>>

Bank of America settlement likely to benefit few

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Bank of America's record $16.65 billion settlement for its role in selling shoddy mortgage bonds - $7 billion of it geared for consumer relief - offers a glint of hope for desperate homeowners. More>>

Woman who drank lye-tainted tea suffers nightmares

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A woman who was in critical condition after unknowingly sipping sweetened iced tea laced with a chemical found in drain cleaner has been steadily improving, but her husband says she's having nightmares about the moment... More>>

Asian stocks higher after S&P 500 record close

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Asian stocks inched higher on Friday after a record day on Wall Street powered by upbeat data that adds to evidence the world's biggest economy is gaining strength. Gains were tempered as investors awaited a key... More>>

Lawyer: Utah restaurant had other chemical burn

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The attorney for a woman who nearly died after unknowingly drinking tea laced with a chemical cleaning compound at a Utah restaurant said Thursday an employee at the eatery burned herself a month earlier on the same... More>>

Study: Wealth gap widened in the last decade

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A report from the Census Bureau is the latest evidence that the rich are getting richer while the poor get poorer. More>>

Airline group forecasts uptick in Labor Day travel

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By DAVID KOENIG AP Airlines Writer A trade group for the nation's big airlines predicts that air travel over the Labor Day weekend will rise 2 percent from the same holiday last year. More>>

US housing recovery appears to be back on track

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A fourth straight monthly increase in sales of existing homes provided the latest evidence Thursday that the U.S. housing market is rebounding from a weak start to the year. More>>

Audit: 'Obamacare' tax not meeting revenue target

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An "Obamacare" tax on medical devices is falling short of its revenue target because thousands of companies aren't paying it, according to a government audit released Tuesday. More>>

Gap reports higher profit, plans India expansion

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Gap Inc. said its profit rose 10 percent in the second quarter as the clothing retailer cut expenses and managed to lift sales. More>>

Tips for parents: To post or not to post?

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Privacy-wary parents are increasingly pausing before they post photos, names and other information about their wee ones on social media. Some are choosing a complete blackout, while others opt for nicknames and a few... More>>

S&P 500 closes at a record; Hewlett-Packard gains

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Another round of buying on the stock market is sending the Standard & Poor's 500 index to its latest record high. More>>

United lures top fliers with promise of a hot meal

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To win the hearts of frequent business travelers, United Airlines is going through their stomachs. More>>

Average US 30-year mortgage rate at 4.10 pct

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Average long-term U.S. mortgage rates declined this week, with the 30-year loan rate hitting its 52-week low. More>>

Family Dollar rejects Dollar General offer

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By MICHELLE CHAPMAN AP Business Writer Family Dollar has rejected a takeover bid from dollar-store competitor Dollar General, saying it would be too hard for the deal to pass antitrust regulators. Family... More>>

US won't reveal records on health website security

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After promising not to withhold government information over "speculative or abstract fears," the Obama administration has concluded it will not publicly disclose federal records that could shed light on the security of the... More>>

Russia checks more McDonald's after closing 3

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Russia's food safety agency said Thursday that it was checking McDonald's restaurants around the country, a day after several branches of the chain were shuttered in Moscow. More>>

Bank of America agrees to nearly $17B settlement

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The government has reached a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis, the Justice Department announced Thursday. More>>

Ballmer steps down from Microsoft board

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Former Microsoft CEO Steve Ballmer is stepping down from the company's board, closing a chapter on 34 years with the software giant. More>>

Stocks move higher; S&P 500 heading for a record

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U.S. stocks are moving mostly higher, pushing the Standard & Poor's 500 index closer toward another record close. More>>

Honda bolsters Fit to boost crash resistance

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When the subcompact Fit failed a crash test, Honda went back to the drawing board. More>>

Applications for US unemployment aid fall to 298K

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Fewer people applied for U.S. unemployment benefits last week, another sign the job market is improving. More>>

Stocks open higher; S&P 500 heading for a record

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U.S. stocks are opening higher, pushing the Standard & Poor's 500 index closer toward another record high. More>>

Sears 2Q loss widens on sluggish sales

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Sears Holdings Inc. recorded a hefty second-quarter loss Thursday on another sales slump, raising more concerns about the future of a company that once was a staple of American shopping. More>>

Survey indicates eurozone growing slowly

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A survey of business activity shows the economy of the 18-country eurozone grew at only a slow pace in August, a sign it remains sluggish after a disappointing second quarter in which it did not expand at all. More>>

California drought stings bees, honey supplies

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California's record drought hasn't been sweet to honeybees, and it's creating a sticky situation for beekeepers and honey buyers. More>>

Growth in China manufacturing weakens in August

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Growth in China's vast manufacturing industry weakened in August, suggesting that the recovery in the world No. 2 economy is losing momentum and Beijing may need to spoon out more stimulus. More>>

McConnell, Grimes spar at Kentucky farm forum

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Kentucky's U.S. Senate candidates had a hard time talking about farming without slinging mud. More>>

APNewsBreak: B ofA reaches $17B settlement with US

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Bank of America has reached a record settlement of nearly $17 billion to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials directly familiar with... More>>

Argentina defends plan to pay creditors outside US

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Argentina will make its next round of scheduled debt payments, the economy minister said Wednesday as he defended a new plan to pay creditors locally and avoid the jurisdiction of a U.S. court that forced the country into... More>>

EEOC files lawsuit against Food Lion over firing

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The U.S. Equal Employment Opportunity Commission has filed a discrimination lawsuit against supermarket chain Food Lion, saying it fired a Jehovah's Witness who requested certain days off for his religion. More>>

Some Fed officials want to slow economic help soon

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Some Federal Reserve officials think the U.S. economy is improving fast enough that the Fed will need to act sooner than previously thought to slow the extraordinary support it's been providing through ultra-low... More>>

Despite Fed, a late push sends US stocks higher

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A late round of buying is leaving stock indexes mostly higher. More>>

Airstrike kills wife and child of Hamas figure Video included

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Hamas' shadowy military chief escaped an apparent Israeli assassination attempt that killed his wife and infant son, the militant group said Wednesday as Israel's prime minister warned that the bombardment of Gaza... More>>

UN urges exit screening for Ebola at some airports

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Ebola-affected countries should immediately begin exit screening all passengers leaving international airports, sea ports and major ground crossings, the U.N. health agency said on Monday. More>>

Google's pivotal IPO launched a decade of big bets

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Google's IPO, a decade ago this week, launched the company on a trajectory that continues to reshape its business and much of the world in its orbit. More>>

Chip maker Infineon to buy California firm for $3B

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German chip maker Infineon Technologies AG says it has agreed to pay $3 billion in cash for California-based semiconductor firm International Rectifier, which produces power-management components used in everything from... More>>

Target cuts outlook as breach fallout lingers

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Target Corp. slashed its annual profit outlook for the second time in three months as the retailer reels from a massive customer-data breach, a botched Canadian expansion and sluggish U.S. sales. More>>

HTC makes Windows version of flagship One phone

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HTC will start making a version of its flagship HTC One phone with Microsoft's Windows software inside. More>>

Community Health details attack on patient records

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Hospital operator Community Health Systems said a cyberattack took information on more than 4 million patients from its computer network earlier this year. More>>

Yellen to give her outlook as Fed honeymoon fades

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Janet Yellen has won credit for guiding the Federal Reserve's first six months of transition from the Ben Bernanke era. Bernanke's Fed had steered the economy through a deep crisis by slashing interest rates and... More>>

Yellen to give her outlook as Fed honeymoon fades

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Janet Yellen has won credit for guiding the Federal Reserve's first six months of transition from the Ben Bernanke era. Bernanke's Fed had steered the U.S. economy through a grave crisis by slashing interest rates... More>>

Global cruise lines set sail for China

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Royal Caribbean's newest ship has attractions not usually seen on cruise liners, including bumper cars, a skydiving simulator and a glass observation capsule on a mechanical arm that lifts its passengers high into the... More>>

Trading in US stocks subdued ahead of Fed minutes

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U.S. stocks are drifting in midday trading as traders wait for the latest news from the Federal Reserve. More>>

Zimbabwe economy takes another dive

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It is 4 a.m. and people are already lining up outside Zimbabwe's main passport office - four hours ahead of opening time - in hopes of securing a passport that will allow them to escape their country's dearth of... More>>

German govt backs authors in spat with Amazon

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Germany's top culture official has voiced support for hundreds of authors who claim they're being discriminated against by online retailer Amazon amid negotiations with their publisher. More>>

Macy's to pay $650,000 in shopper-profiling probe

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Macy's has agreed to pay $650,000 to settle allegations of racial profiling at its flagship store in Manhattan's Herald Square. More>>

Heineken reports sales, profit drop in first half

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Heineken NV, the Amsterdam-based brewer, has reported first half earnings that show a small drop in both revenues and profits - but says its underlying performance was good. More>>

Some Bank of England board members seek rate hike

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The Bank of England's consensus on maintaining record-low interest rates has crumbled after more than three years, with two members of the central bank's monetary policy committee voting to increase borrowing costs... More>>

Merkel Ukraine role mirrors rising German ambition

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Chancellor Angela Merkel's emergence as a leader in efforts to resolve Ukraine's crisis - showcased by a visit to Kiev this weekend - underlines Germany's increasing ambition to transform itself from economic... More>>

Dubai's Nakheel to pay $2.1 billion in debt early

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Dubai's developer Nakheel behind the famed man-made palm-shaped islands said Wednesday it is repaying 7.9 billion dirhams, or roughly $2.15 billion this month - nearly four years before the last installment is due. More>>

Stocks open lower after two straight gains

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U.S. stocks are opening lower after two straight days of gains. More>>

Lowe's 2Q profit rises as weather improves

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Lowe's second-quarter net income increased 10 percent, bolstered by improving weather. More>>

Glencore swings to profit, announces buyback

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Commodities and mining group Glencore PLC says it will buy back up to $1 billion of its own shares as profit for the first half of the year rose 8 percent. More>>

Bloomberg offers grants to help cities innovate

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American cities looking to be more innovative in how they address local issues can now get a helping hand from former New York City Mayor Michael Bloomberg's charitable foundation. More>>

China fines 12 Japanese firms in auto price probe

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China announced Wednesday it will fine 12 Japanese auto parts suppliers a total of $202 million for colluding to raise prices in an unfolding anti-monopoly probe of the country's auto industry. More>>

Prison company pays $8 million in back wages

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The nation's largest private prison company, Corrections Corp. of America, has paid more than $8 million in back wages and benefits to current and former employees guarding federal inmates at a prison in California... More>>

Asia stocks make slight gains, await Yellen speech

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Asian stock markets got a slight boost Wednesday from positive U.S. economic figures that reinforced expectations of eventual Fed rate hikes and a stronger dollar. More>>

Peanut, almond butter recalled for salmonella risk

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A unit of Hain Celestial Group Inc. is recalling some peanut and almond butter because of possible salmonella contamination. More>>

New Mexico chile gets certified-product safeguards

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Idaho has its potatoes. Florida has its fresh fruits and juices. Vidalia is the name synonymous with the nation's most famous sweet onion. More>>

WWII bomb found near Frankfurt airport

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A World War II bomb found Tuesday next to a highway near Frankfurt airport was disposed of in a controlled explosion, causing some disruption to flight operations. More>>

Islanders announce sale of minority stake of club

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The New York Islanders are selling a minority stake of the team, with a former Washington Capitals co-owner and a London-based investor to become full owners in two years. More>>

US stocks move higher; Home Depot rises

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U.S. stocks are closing higher after investors got some encouraging news about home building and corporate earnings. More>>

Government wants to make cars talk to each other

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The Obama administration said Monday it is taking a first step toward requiring that future cars and light trucks be equipped with technology that enables them to warn each other of potential danger in time to avoid... More>>

Q&A: How 1 US factory owner fought cheap imports

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Much of U.S. manufacturing has been decimated in the past decade by less expensive imports from China, but it didn't necessarily have to be that way, according to a compelling new book by journalist Beth Macy. More>>

Somalia TV sales grow as many avoid public places

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Inside the small office, the line of sweating clients waiting to renew their satellite TV subscriptions keeps growing. Technicians crimp wires and test signal strength of boxes while others go to homes across the Somali... More>>

  • NationalMore>>

  • Huge waves wow throngs in Southern California

    Huge waves wow throngs in Southern California

    Thursday, August 28 2014 2:18 AM EDT2014-08-28 06:18:48 GMT
    Southern California is seeing the kind of epic surf usually associated with Hawaii or Tahiti. Beaches are thronged with wave riders and crowds are coming to watch the action even as seaside communities try to stave...More >>
    Southern California is seeing the kind of epic surf usually associated with Hawaii or Tahiti. Beaches are thronged with wave riders and crowds are coming to watch the action even as seaside communities try to stave off...More >>
  • University bets $10 million on poor city's kids

    University bets $10 million on poor city's kids

    Thursday, August 28 2014 1:49 AM EDT2014-08-28 05:49:17 GMT
    On the second day of class at Reading Senior High School, teacher Eric Knorr directs his students' attention to the banners hanging on the wall. Syracuse. Temple. Brown. Penn State. All of them brought back by...More >>
    On the second day of class at Reading Senior High School, teacher Eric Knorr directs his students' attention to the banners hanging on the wall. Syracuse. Temple. Brown. Penn State. All of them brought back by former...More >>
  • Omaha police bullet kills 'Cops' film crew member

    Omaha police bullet kills 'Cops' film crew member

    Thursday, August 28 2014 1:49 AM EDT2014-08-28 05:49:16 GMT
    When the call came from an officer who needed help facing an armed robber at a fast-food restaurant, two members of a reality television show riding along with Omaha police hustled to record the confrontation.More >>
    When the call came from an officer who needed help facing an armed robber at a fast-food restaurant, two members of a reality television show riding along with Omaha police hustled to record the confrontation.More >>
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