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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.
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Gap reports higher profit, plans India expansion

The Associated Press  |  posted Aug 21st - 3:01pm
Gap Inc. said its profit rose 10 percent in the second quarter as the clothing retailer cut expenses and managed to lift sales.
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UW regents OK $95 million budget increase request

Todd Richmond, Associated Press  |  posted 10 minutes ago
The University of Wisconsin System's regents on Thursday approved asking Gov. Scott Walker for $95 million in additional tax dollars in the state's next two-year budget after system President Ray Cross assured them the money would help boost the state's economy.
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Home Depot says Menear will become CEO on Nov. 1

The Associated Press  |  posted 10 minutes ago
Home Depot said Thursday that Craig Menear, the president of its U.S. retail operations, will become president and CEO of the company Nov. 1.
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ESPN's Linda Cohn sues NY rink over off-ice injury

The Associated Press  |  posted 10 minutes ago
An ESPN anchor is suing a suburban New York hockey rink over a painful off-ice injury.
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Guide on TV's 'Wild West Alaska' pleads guilty

Dan Joling, Associated Press  |  posted 10 minutes ago
A hunting guide who appears on the Animal Planet television show "Wild West Alaska" has pleaded guilty to four misdemeanor hunting or guiding violations.
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NY judge scolds Argentina, but no contempt order

Larry Neumeister, Associated Press  |  posted 18 minutes ago
A federal judge in Manhattan on Thursday said Argentina's plans to evade his orders by failing to make required payments to U.S. bondholders is illegal and cannot be carried out, but he stopped short of finding the South American nation in contempt of court.
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Study: Wealth gap widened in the last decade

The Associated Press  |  posted 20 minutes ago
A report from the Census Bureau is the latest evidence that the rich are getting richer while the poor get poorer.
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LSU sends collection letter to hospital manager

Melinda Deslatte, Associated Press  |  posted 30 minutes ago
LSU sent a collection letter this week to the research foundation running its hospitals in Monroe and Shreveport, saying the foundation owes the university system $25.3 million and accusing it of using LSU like its "personal piggy bank."
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The Associated Press  |  posted 39 minutes ago
A snapshot of major stock and commodities market indicators Thursday:
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US housing recovery appears to be back on track

Christopher S. Rugaber, Associated Press  |  posted 40 minutes ago
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.
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NKorea launch pad expansion 'nearing completion'

Matthew Pennington, Associated Press  |  posted 59 minutes ago
Construction to upgrade North Korea's main rocket launch pad should be complete by this fall, allowing Pyongyang to conduct a launch by year's end if it decides to do so, a U.S. research institute said Thursday.
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Venezuela proposes fingerprinting grocery shoppers

Hannah Dreier, Associated Press  |  posted Aug 21st - 3:11pm
Venezuelans could soon have to scan their fingerprints to buy bread.
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Stocks advance to put S&P 500 at a record high

Ken Sweet, Associated Press  |  posted Aug 21st - 2:51pm
The stock market advanced for a fourth straight day Thursday, pushing the Standard & Poor's 500 index to a record high.
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Lawmakers likely to borrow less for universities

Jeff Amy, Associated Press  |  posted Aug 21st - 2:51pm
Mississippi's public universities are likely to have less money to spend on capital projects in the state's 2016 budget year, under projections the universities agreed to with lawmakers in 2013.
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