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Stocks fell sharply on Thursday as investors reacted to disappointing corporate earnings and outlooks from major U.S. companies including Exxon Mobil and Whole Foods Market. The slide put major indexes into the red for July, leaving the market on track for its first monthly loss since January. Argentina's stock market plunged after the South American nation defaulted on its debt for the second time in 13 years.
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Portland, Oregon, flushes outdoor toilet business

The Associated Press  |  posted 16 minutes ago
The city of Portland will quit marketing the solar-powered outdoor potties its workers developed and will settle instead for a cut of the business.
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Obama order presses contractors to obey labor laws

Josh Lederman, Associated Press  |  posted 35 minutes ago
President Barack Obama moved Thursday to require federal contractors to give their workers more rights in labor disputes, putting his pen to an executive order the day after the House voted to sue him for allegedly exceeding his presidential powers. In an election-year dare to Republicans, Obama said congressional obstinacy would only embolden him to take even more aggressive actions on his own.
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Congress races to finish veterans, highway bills

Donna Cassata, Associated Press  |  posted 15 minutes ago
Rushing toward the exits, Congress on Thursday scrambled to wrap up legislation addressing the troubled Veterans Affairs Department and a looming shortfall in highway money. House Republicans unexpectedly put off a vote on a border security bill as tea partyers withdrew their support.
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UAS eliminates 4 Juneau jobs to meet budget

The Associated Press  |  posted 15 minutes ago
The University of Alaska Southeast campus in Juneau will eliminate four positions as it deals with a $2 million deficit this year.
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Journal Communications, Scripps Co. announce deal

Mae Anderson, Associated Press  |  posted 15 minutes ago
Journal Communications Inc. of Milwaukee and E.W. Scripps Co. of Cincinnati have agreed to combine their broadcasting operations while spinning off newspaper holdings into a separate public entity.
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FDA approves Boehringer's once-a-day inhaler drug

The Associated Press  |  posted 15 minutes ago
The Food and Drug Administration has approved a new long-acting inhaler drug from Boehringer Ingelheim to treat people with chronic lung disease.
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The Associated Press  |  posted 15 minutes ago
Futures trading on the Chicago Board of Trade Thu.:
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USDA overhauls decades-old poultry inspections

Mary Clare Jalonick, Associated Press  |  posted 16 minutes ago
The Obama administration is overhauling poultry plant inspections for the first time in more than 50 years, a move it says could result in 5,000 fewer foodborne illnesses each year.
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Vitaminwater cries uncle, switches back formula

The Associated Press  |  posted 24 minutes ago
Coca-Cola is reversing course after fans of Vitaminwater complained about the drink's new sweetener.
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Man sues soccer star Ronaldo over 'CR7' trademark

Michelle R. Smith, Associated Press  |  posted 26 minutes ago
A Rhode Island man has sued Cristiano Ronaldo over the phrase "CR7," which is used by soccer fans around the world as shorthand for the Real Madrid forward.
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US launches charm offensive against wary India

Lara Jakes, Associated Press  |  posted 34 minutes ago
Given a rare opportunity to lunch with U.S. Secretary of State John Kerry, Gaurav Dalmia was less interested Thursday in discussing the planned topics at hand, including climate change or even the trade dispute between India and the U.S. Instead, the Indian businessman was focused on Kerry himself — and whether he would be able to smooth over brittle relations between Washington and New Delhi for the sake of economic growth.
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Twitter: Govt. requests for user data increased

The Associated Press  |  posted 35 minutes ago
Twitter says government requests for user data grew sharply in the past six months as more countries asked for a greater amount of information about users.
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Debit overdraft fees often exceed cost of purchase

Josh Boak, Associated Press  |  posted 35 minutes ago
The fees that banks charge debit-card users who overdraw their accounts usually cost more than the items being bought.
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$100 million for firm without offices, 1 agent?

Jeff Horwitz, Associated Press  |  posted 35 minutes ago
Companies overseeing millions of mortgage loans appear to be skirting new federal regulations and legal settlements intended to stop them profiteering at the expense of troubled homeowners.
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