Financial News from AP

  • Germany's central bank says the country's economy will improve "markedly" in the second quarter — a development that could boost the struggling eurozone. The Bundesbank says the eurozone's largest ...

  • Sprint to listen to Dish offer AP - 3 minutes 30 seconds ago

    Wireless company Sprint Nextel Corp. says it can now let Dish Network Corp. see its books and talk with Dish to see whether its competing offer to buy Sprint is better than its current deal with Japan's ...

  • Markets choppy ahead of Bernanke testimony

    Markets were fairly choppy Tuesday as investors were reluctant to push stock indexes up further ahead of a much-anticipated statement from U.S. Federal Reserve chairman Ben Bernanke. The Fed is conducting ...

  • Does France have right plan to revive its economy?

    The man charged with reviving France's shrinking economy and attracting businesses to invest there is gaining a reputation for doing the opposite. As the country's first-ever minister for industrial renewal, ...

  • The price of oil retreated toward $96 per barrel Tuesday as investors waited for the Federal Reserve's latest views on the U.S. economy. Benchmark crude for June delivery was down 28 cents to $96.43 per ...

  • Even though the weather was poor, Home Depot posted an 18 percent increase in its net income for the first quarter thanks to the ongoing housing recovery. The world's biggest home improvement chain also ...

  • Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt. The rate ...

  • Markets choppy ahead of Bernanke testimony

    World stock markets were mixed Tuesday as investors waited for the U.S. Federal Reserve to telegraph what it plans to do next with its economic stimulus program. The Fed is conducting its third round of ...

  • Here's how the struggling French economy stacks up compared to Germany's and Britain's. GROSS DOMESTIC PRODUCT (2012) France: 2 trillion euros ($2.7 trillion) Germany: 2.6 trillion euros ($3.3 trillion) ...

  • China's Li seeks stronger economic ties with India

    Chinese Premier Li Keqiang told Indian business leaders Tuesday that developing stronger economic ties between their two nations would have huge benefits for both sides. Li spoke a day after holding meetings ...

  • The Small Business Administration says it has lined up pledges from more than 120 banks to increase lending to veterans. The agency said Tuesday it's starting a program, the SBA Veteran Pledge Initiative, ...

  • Official figures show that consumer price inflation in Britain eased in April, largely on the back of lower fuel prices and airfares. The Office for National Statistics said Tuesday that the annual rate ...

  • Goldman Sachs has sold its remaining stake in China's biggest commercial lender for $1.1 billion. A person familiar with the deal said Tuesday that Goldman Sachs Group Inc. sold just under 1.6 billion ...

  • The chief executive of security firm G4S is to retire after a tumultuous year that saw the company fail to fulfill its Olympic contract. The company said Tuesday that Nick Buckles will be replaced by Ashley ...

  • Committee nears final big immigration decisions

    The Senate Judiciary Committee hopes to nail down an elusive compromise on high-tech visas and may punt a controversy over gay marriage to the full Senate as it makes final drafting decisions on immigration ...

  • The Senate is debating cuts to the federally subsidized crop insurance program as it considers a massive farm bill this week. The Obama administration said Monday it wants to see more cuts to crop insurance ...

  • The Senate Judiciary Committee hopes to nail down an elusive compromise on high-tech visas and may punt a controversy over gay marriage to the full Senate as it makes final decisions on immigration legislation ...

  • The Senate is debating cuts to the federal crop insurance program as it considers a massive farm bill this week. The Obama administration said Monday it wants to see more cuts to agriculture subsidies ...

  • Should we let wunderkinds drop out of high school?

    Thomas Sohmers, 17, of Hudson, Mass., has been working at a research lab at the Massachusetts Institute of Technology since he was 13, developing projects ranging from augmented reality eyewear to laser ...

  • The price of oil rose toward $97 per barrel Tuesday, but gains were checked as investors waited for the Federal Reserve's latest views on the U.S. economy. Benchmark crude for June delivery was up 16 cents ...

  • Markets choppy ahead of Bernanke testimony

    Asian stock markets fell Tuesday as investors waited for the U.S. Federal Reserve to telegraph what it plans to do next with its economic stimulus program. The Fed is conducting its third round of massive ...

  • Markets choppy ahead of Bernanke testimony

    Asian stock markets struggled to post gains Tuesday as investors waited for the U.S. Federal Reserve to telegraph what it plans to do next with its economic stimulus program. The Fed is currently conducting ...

  • Rescuers recovered another four bodies from a collapsed underground room at a giant U.S.-owned gold and copper mine in Indonesia, bringing the confirmed death toll to 21, mine officials said Tuesday. Seven ...

  • A Treasury official says the department told the White House twice that the IRS was preparing to make public its targeting of conservative political groups. The official said Monday that Treasury told ...

  • Public pension employees skip Hawaii conference

    Organizers of an annual conference for people who manage more than $3 trillion in public sector pension funds in the U.S. and Canada say a significant number of administrators are skipping this year's ...

  • Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the ...

  • USING AFFILIATES: Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found. BIG OVERSEAS ...

  • A federal judge has dismissed a charge that is the backbone of the case against a former BP executive accused of concealing information from Congress about the amount of oil spewing in 2010 from the company's ...

  • The California Public Utilities Commission has reached a proposed $37 million settlement with Southern California Edison over fallen power lines blamed for starting the October 2007 Malibu Canyon Fire. ...

  • Yahoo looks to regain its cool with Tumblr deal

    After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online ...

  • Should we let wunderkinds drop out of high school?

    As a teenager, Tumblr CEO David Karp would canvass the streets of New York City's Upper West Side, offering to build websites for local businesses. After his freshman year of high school, the precocious, ...

  • Two lawmakers are pushing legislation to strip broad secrecy provisions from the state agency overseeing health care reforms in California that could shield from the public how hundreds of millions of ...

  • Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found. The world's most valuable ...

  • Alaska volcano's ash prompts flight cancellations

    An Alaska volcano eruption is prompting regional airlines to cancel flights to nearby communities, including a town that reported traces of fallen ash. Pavlof Volcano released ash plumes as high as 22,000 ...

  • Billionaire Warren Buffett isn't just Berkshire Hathaway's chairman and CEO. He's also the chief salesman. Buffett visited a Dairy Queen in Ralston, Neb., Monday evening to serve up the restaurant chain's ...

  • Fresh on the heels of its $1.1 billion acquisition of Tumblr, Yahoo says it is rebooting its languishing photo-sharing site Flickr with plans to make it "awesome" again. Yahoo Inc. said at an ...

  • Lease to Broadway's biggest theater sold

    Britain's biggest theater group has reached across the Atlantic Ocean and bought the lease to Broadway's largest theater from Live Nation Entertainment for about $60 million. Ambassador Theatre Group said ...

  • The chairman of DeVry Inc., Harold Shapiro, will retire in November, at a time when the education company is struggling with shrinking U.S. enrollments. Shapiro, a former president of Princeton University ...

  • Woman on Trump: 'Somebody had to stand up to him'

    An 87-year-old woman who alleges Donald Trump cheated her in a skyscraper-condo sale told jurors Monday she had qualms about suing the real estate mogul and TV celebrity. But, she quickly added, "Somebody ...

  • Ed Day said his main job as president of Mississippi Power Co. was to successfully complete the company's Kemper County power plant. Now, more than $1 billion in cost overruns at the coal-fired plant have ...

  • An explosives recycling company that authorities said improperly stored millions of pounds of a military propellant, causing the evacuation of a Louisiana town last year, was stripped of its state explosives ...

  • Standard & Poor's Ratings Service lowered its credit rating on Dell Inc. by two notches, reflecting the computer marker's worsening operating performance. Last week, the Round Rock, Texas, company issued ...

  • General Cable Corp. said Monday that it will issue a quarterly dividend of 18 cents per share in June, the wire and cable maker's first payout since 2002. Growth through acquisitions and into emerging ...

  • Meeting Warren Buffett was exciting, but 10-year-old Matthew Meyer said winning $5,000 and 10 shares of stock in Buffett's company made Monday the best day of his life. Matthew said he never expected to ...

  • Senate OKs regulations for medicinal marijuana

    California would take steps to regulate the sale of medical marijuana under a bill approved Monday by the state Senate, restricting cannabis dispensaries that federal prosecutors say have grown out of ...

  • Under Mayer: Boosting mobile, buying companies

    Yahoo Inc. lured Marissa Mayer from Google in July to become its fifth CEO in as many years. Her task: Help the Internet pioneer regain its stature after years in a financial funk. In her 10 months leading ...

  • Drugmaker Pfizer Inc. has halted a late-stage study of an experimental cancer compound being tested in patients with a certain form of non-Hodgkin's lymphoma, because an interim analysis showed the drug ...

  • Small company stock are a bright spot

    Small-company stocks were a bright spot in a subdued start to the week for Wall Street. The Russell 2000, an index of small-company stocks, climbed above 1,000 points for the first time and ended higher ...

  • Actavis is buying Warner Chilcott in an all-stock deal valued at about $8.5 billion that would create the third-biggest specialty pharmaceutical company in the U.S. market. The announcement Monday comes ...

  • Study: Most shipwrecks a minor US pollution threat

    Shipwrecks lying deep off America's coasts are more often historical artifacts than present-day threats from leaking old oil tanks, a new federal report says. While 87 of the ships — most sunk during World ...

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