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Financial News from AP

  • Global stocks bolstered by US earnings, home sales Associated Press - 4 minutes 26 seconds ago

    Global stocks mostly rose Wednesday, bolstered by solid U.S. earnings and home sales as tensions between Russia and the West over Ukraine eased. Europe markets opened with moderate gains. Britain's FTSE ...

  • Oil falls to near $102 amid Gaza peace efforts Associated Press - 21 minutes ago

    The price of oil retreated to near $102 per barrel on Wednesday amid a new push for a cease-fire between Israel and Palestine and after Europe imposed additional sanctions on Russia that fell short of ...

  • Despite sanctions call, UK exports arms to Russia Associated Press - 23 minutes ago

    British lawmakers say the country is still exporting arms and military equipment to Russia, despite the government's call for tough sanctions over Moscow's arming of separatist rebels in Ukraine. A group ...

  • Flight bans show skittishness over trouble spots Associated Press - 40 minutes ago
    Flight bans show skittishness over trouble spots

    When U.S. and European airlines quickly canceled flights to Israel on Tuesday, they showed both a skittishness and a new sense of urgency in dealing with global trouble spots following last week's downing ...

  • Spanish economic growth seen gathering pace in Q2 Associated Press - 50 minutes ago

    The Bank of Spain says the country's economy continues to show signs of recovery, growing by 0.5 percent in the second quarter compared with the previous three months. In provisional estimates released ...

  • Gaza families plead for evacuation amid battle Associated Press - 1 hour 37 minutes ago
    Gaza families plead for evacuation amid battle

    Israeli troops battled Hamas militants on Wednesday near a southern Gaza Strip town as dozens of Palestinian families trapped by the fighting scrambled to flee the area. The U.S. secretary of state meanwhile ...

  • Donald Trump to break ground for new DC hotel Associated Press - 1 hour 40 minutes ago

    Donald Trump hopes to bring his signature brand of glitz to the nation's capital with a new luxury hotel in the city's third-tallest building. Trump plans to break ground Wednesday on a $200 million hotel ...

  • China detains employees of suspect meat seller Associated Press - 2 hours 0 minutes ago
    China detains employees of suspect meat seller

    Five employees of a company accused of selling expired beef and chicken to McDonald's, KFC and other restaurants were detained by police Wednesday after an official said illegal activity was an organized ...

  • Fire extinguished at ND oil supply company Associated Press - 2 hours 12 minutes ago
    Fire extinguished at ND oil supply company

    A once-massive blaze at an oil supply and logistics company that housed flammable chemicals in Williston, North Dakota, has been extinguished, according to the town's fire department. Most firefighters ...

  • In international flight, volatile conflicts abound Associated Press - 2 hours 29 minutes ago
    In international flight, volatile conflicts abound

    In Libya, militias armed with shoulder-launched missiles are battling for control of the country's main airport. In Africa, the entire Sahel region is awash with weapons that include portable air defense ...

  • Agents get subsidized 'Obamacare' using fake IDs Associated Press - 2 hours 35 minutes ago

    Undercover investigators using fake identities were able to secure taxpayer-subsidized health insurance under President Barack Obama's health care law. The weak link in the system seemed to be call centers ...

  • Excerpts from conflicting health law rulings Associated Press - 2 hours 36 minutes ago

    Two federal appeals courts issued conflicting rulings Tuesday in a dispute involving crucial financing for President Barack Obama's health care law. A three-judge panel of the appeals court in Washington ...

  • Judges in health care rulings vote party line Associated Press - 2 hours 37 minutes ago
    Judges in health care rulings vote party line

    In rapid succession, six federal judges on two appeals courts weighed in on a key component of President Barack Obama's health care law. Their votes lined up precisely with the party of the president who ...

  • Automaker Daimler AG reported a 6 percent increase in second-quarter revenue and confirmed its full-year targets on Wednesday as new models and cost-cutting efforts helped its performance, though net profit ...

  • Asia stocks bolstered by US earnings, home sales

    Asian stock markets mostly rose Wednesday, bolstered by solid U.S. earnings and home sales. Indonesian stocks advanced after the official vote count showed Joko Widodo the clear winner of a bitterly contested ...

  • China detains employees of suspect meat seller

    Five employees of a company accused of selling expired beef and chicken to McDonald's, KFC and other restaurants were detained by police Wednesday after an official said illegal activity was an organized ...

  • Review: Amazon Fire offers new ways to use phones

    What I find fascinating about Amazon's Fire phone isn't the gizmos such as the 3-D imagery or the camera scanner that helps you get more information about products. Rather, I like that Amazon is thinking ...

  • SEC poised to end $1 a share for some money funds

    Regulators are expected to vote Wednesday to end a longtime staple of the investment industry โ€” the fixed $1 share price for money-market mutual funds โ€” at least for some money funds used by big investors. ...

  • New CEOs urge Market Basket workers to return Associated Press - 6 hours ago

    The Market Basket supermarket chain's new co-CEOs on Tuesday urged protesting employees to go back to work, saying they are committed to continuing the company's "tradition of excellence and dedication." ...

  • CEO: Clippers coach to quit if Sterling stays Associated Press - 6 hours ago
    CEO: Clippers coach to quit if Sterling stays

    The interim CEO of the Los Angeles Clippers testified Tuesday that coach Doc Rivers told him he will quit if Donald Sterling remains the owner of the team. CEO Richard Parsons testified at a trial to determine ...

  • A's agree to 10-year lease to stay in Oakland Associated Press - 6 hours ago
    A's agree to 10-year lease to stay in Oakland

    The Athletics have agreed to a 10-year lease extension to stay in Oakland, the team and city officials announced Tuesday. After reviewing several modifications made by the Oakland City Council last week, ...

  • Clippers' Sterling targets wife, NBA in new suit

    Los Angeles Clippers owner Donald Sterling has filed a new lawsuit in his attempt to retain the team and derail a potential $2 billion sale. The lawsuit filed Tuesday in Los Angeles County Superior Court ...

  • Flight bans show skittishness over trouble spots

    When U.S. and European airlines quickly canceled flights to Israel Tuesday, they showed both a skittishness and a new sense of urgency in dealing with global trouble spots following last week's downing ...

  • Flight bans show skittishness over trouble spots

    Former New York Mayor Michael Bloomberg is urging the Federal Aviation Administration to "reverse course" and permit U.S. airlines to fly to Israel. Bloomberg says he is flying on El Al to Tel ...

  • Senate, House on collision course on border money

    Senate Democrats prepared Tuesday to whack $1 billion from President Barack Obama's emergency spending request for the border, while leaving out policy changes Republicans have demanded as their price ...

  • The parent company of Gatehouse Media LLC on Tuesday announced an agreement to buy The Providence Journal and related print and digital assets from A.H. Belo Corp. for $46 million cash. New York-based ...

  • CEO: Rivers to quit Clippers if Sterling stays Associated Press - 9 hours ago
    CEO: Clippers coach to quit if Sterling stays

    The interim CEO of the Los Angeles Clippers testified Tuesday that coach Doc Rivers told him he will quit if Donald Sterling remains the owner of the team. CEO Richard Parsons made the statement at a trial ...

  • Cause of fire at Williston company unknown Associated Press - 9 hours ago
    Fire extinguished at ND oil supply company

    More than half a day after an industrial fire broke out in the North Dakota oil patch town of Williston, authorities still were unable to say what caused the massive blaze. The fire, which started around ...

  • Judges in health care rulings vote party line

    President Barack Obama's health care law is snarled in another big legal battle, with two federal appeals courts issuing contradictory rulings on a key financing issue within hours of each other Tuesday. ...

  • The Obama administration is developing a new way for religious nonprofits that object to paying for contraceptives in their health plans to opt out, without submitting a form they say violates their religious ...

  • San Francisco lawmakers narrowly agreed Tuesday to place a 2-cent-per-ounce tax on sugary drinks on the November ballot, a move that promises to turn the election into an expensive fight between the beverage ...

  • Microsoft CEO sees 'bold' plan as 4Q tops Street Associated Press - 10 hours ago
    Microsoft CEO sees 'bold' plan as 4Q tops Street

    Microsoft Corp. CEO Satya Nadella painted an upbeat vision of the future Tuesday, saying that the next version of Windows will be unified across screens of all sizes and that two money-losing units โ€” Nokia ...

  • In international flight, volatile conflicts abound

    A Hamas rocket exploded Tuesday near Israel's main airport, prompting a ban on flights from the U.S. and many from Europe and Canada as aviation authorities responded to the shock of seeing a civilian ...

  • Beretta: Gun law forcing move out of Maryland Associated Press - 10 hours ago

    Beretta U.S.A. announced Tuesday that company concerns over a strict gun-control law enacted in Maryland last year have made it necessary to move its weapons making out of the state to Tennessee. The well-known ...

  • Another author boosted by 'Colbert Bump' Associated Press - 10 hours ago
    Another author boosted by 'Colbert Bump'

    The "Colbert Bump" is becoming contagious. Edan Lepucki, whose novel "California" became a best-seller thanks to a plug from Stephen Colbert, has in turn helped another book catch on. ...

  • A federal judge said Tuesday he would weigh whether the U.S. Army Corps of Engineers must release environmental review documents involving a proposed coal port criticized by environmentalists. U.S. Magistrate ...

  • Ackman goes after Herbalife's nutrition clubs Associated Press - 11 hours ago

    Activist investor Bill Ackman once again denounced weight loss and nutritional supplements company Herbalife as a pyramid scheme, but Wall Street shrugged off his criticism and sent the company's stock ...

  • FAA tells US airlines not to fly to Tel Aviv Associated Press - 11 hours ago
    FAA tells US airlines not to fly to Tel Aviv

    The Federal Aviation Administration told U.S. airlines Tuesday they are prohibited from flying to the Tel Aviv airport in Israel for 24 hours following a Hamas rocket explosion nearby. The ban began 12:15 ...

  • The August retrial of a former BP engineer accused of obstructing justice in an investigation of the 2010 Gulf of Mexico oil spill has been postponed while an appeals court decides whether a judge was ...

  • Undercover probe finds health law failings Associated Press - 11 hours ago

    Congressional investigators using fake identities were able to obtain taxpayer-subsidized health insurance under President Barack Obama's law, according to testimony to be delivered Wednesday. The nonpartisan ...

  • Intuitive Surgical 2Q profit falls 35 percent Associated Press - 11 hours ago

    Intuitive Surgical Inc. on Tuesday reported profit that decreased by 35 percent in its second quarter, and beat analysts' expectations. The Sunnyvale, California-based company said earnings declined to ...

  • Ex-BP engineer's retrial postponed Associated Press - 11 hours ago

    The August retrial of a former BP engineer accused of obstructing justice in an investigation of the 2010 Gulf of Mexico oil spill has been postponed while an appeals court decides whether a judge was ...

  • Protect yourself from identity theft Associated Press - 11 hours ago

    It's an almost weekly occurrence: On Tuesday, Goodwill said its computer systems may have been hacked, leading to the possible theft of customers' credit and debit card information. The nonprofit agency, ...

  • China meat scandal hits Starbucks, Burger King Associated Press - 11 hours ago
    China detains employees of suspect meat seller

    A suspect meat scandal in China engulfed Starbucks and Burger King on Tuesday and spread to Japan where McDonald's said the Chinese supplier accused of selling expired beef and chicken had provided 20 ...

  • Discover Financial's 2Q profit jumps 7 percent Associated Press - 11 hours ago
    Discover Financial's 2Q profit jumps 7 percent

    Discover Financial Services' net income grew 7 percent in the second quarter as credit card spending and overall loans increased from a year ago. The results beat Wall Street's expectations. The credit ...

  • Michigan approves 9 projects to add 3,900 jobs Associated Press - 11 hours ago

    Michigan on Tuesday approved state incentives for nine economic development projects expected to bring about 3,900 jobs, nearly half from General Motors consolidating engineering jobs from outside the ...

  • Chrysler recalls Jeep SUVs for ignition switches Associated Press - 11 hours ago

    The ignition switch defects that engulfed General Motors are now a rapidly growing problem at Chrysler. Chrysler said Tuesday it is recalling up to 792,300 older Jeep SUVs worldwide because the ignition ...

  • Exxon Mobil Corp. has said it will comply with the new protections for gay and transgender employees required of federal contractors, while still sidestepping the question of whether it will formalize ...

  • Apple's growth prospects are looking brighter as anticipation builds for the upcoming release of the next iPhone, a model that is expected to cater to consumers yearning for a bigger screen. The latest ...

  • 7 ex-NFL players appeal terms of concussion deal Associated Press - 11 hours ago

    Seven former professional football players have filed a court challenge to a tentative class action settlement of concussion claims that would cost the NFL at least $765 million. They argued that some ...

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