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US consumer confidence in August highest in 11 months

Martin Crutsinger, Associated Press  |  Posted  Aug 30th - 8:52am

U.S. consumer confidence rose in August to its highest level in 11 months, suggesting economic growth could pick up in the second half of the year.

The Latest: Bodies found in small plane pulled from La. lake

The Associated Press  |  Posted  Aug 30th - 8:51am

The Latest on New Orleans plane crash (all times local):

Grain lower, livestock mixed

The Associated Press  |  Posted  Aug 30th - 8:42am

Grain futures were lower Tuesonday in early trading on the Chicago Board of Trade.

Grain lower, livestock mixed

The Associated Press  |  Posted  Aug 30th - 8:41am

Grain futures were lower Tuesonday in early trading on the Chicago Board of Trade.

US bank earnings in Q2 climbed 1.4 percent to $43.6B

The Associated Press  |  Posted  Aug 30th - 8:41am

U.S. banks' earnings in the April-June period rose 1.4 percent from a year earlier as growth in lending fueled interest income.

Brazil's Rousseff defends self ahead of Senate's ouster vote

Mauricio Savarese and Peter Prengaman, Associated Press  |  Posted  Aug 30th - 8:41am

On what could prove to be her last day as Brazil's president, Dilma Rousseff mounted a forceful defense of her time leading Latin America's most populous nation, warning senators that ousting her would hurt a young democracy while defiantly promising to go down fighting in what many see as a losing battle.

Comey: FBI wants "adult conversation' on device encryption

Eric Tucker, Associated Press  |  Posted  Aug 30th - 8:30am

FBI Director James Comey is again warning about the bureau's inability to access digital devices because of encryption.

High-rise tower being built in Abu Dhabi catches fire

The Associated Press  |  Posted  Aug 30th - 8:30am

A high-rise building under construction in Abu Dhabi caught fire on Tuesday, forcing the evacuation of the structure and a nearby luxury hotel, the latest in a series of tower blazes to hit the United Arab Emirates.

US stocks are mostly lower as investors wait for jobs report

Ken Sweet, Associated Press  |  Posted  Aug 30th - 8:21am

U.S. stocks were slightly lower in early trading Tuesday in what looks to be another quiet day as the summer comes to an end. Hershey plunged after the company walked away from a merger proposal, and Apple slipped after the company was hit with a large tax bill in Europe.

Clarification: Fox News-Sexual Harassment story

The Associated Press  |  Posted  Aug 30th - 8:20am

In a story Aug. 29, The Associated Press reported that former Fox News host Andrea Tantaros was removed from the air a few weeks ago. She has been off the air since the end of April.

UPDATED

High court dismisses ex-Miss Utah's case against Provo

The Associated Press  |  Posted  Aug 30th - 8:15am

The Utah Supreme Court is dismissing a lawsuit from a former Miss Utah who says she was wrongly arrested on bogus allegations that she stole from the skin-care company Nu Skin.

UPDATED

EU orders Apple to pay up to 13B euros in back taxes

John-Thor Dahlburg and Shawn Pogatchnik, Associated Press  |  Posted  Aug 30th - 8:10am

Apple will have to pay up to 13 billion euros ($14.5 billion) plus interest in back taxes to Ireland after the European Union found Tuesday that the U.S. technology giant had paid next to no tax across the bloc's 28 countries for over 11 years.

US home prices rise in June at slowest pace in 10 months

Christopher S. Rugaber, Associated Press  |  Posted  Aug 30th - 8:00am

U.S. home prices rose modestly in June, pushed up by strong sales and a limited supply of available properties.

Markets Right Now: A mixed open for stocks on Wall Street

The Associated Press  |  Posted  Aug 30th - 7:50am

The latest on developments in global financial markets (all times local):

The Latest: US criticizes EU ruling on Apple as 'unfair'

The Associated Press  |  Posted  Aug 30th - 7:50am

The Latest on the European Union's decision that Apple must pay billions in back taxes (all times local):

Uganda grants 8 oil production licenses to Total, Tullow

Rodney Muhumuza, Associated Press  |  Posted  Aug 30th - 7:30am

Uganda's government on Tuesday issued eight oil production licenses to two foreign companies, moving the East African country closer to becoming a producer of crude.

Blaze erupts at Gap Inc. distribution center in New York

The Associated Press  |  Posted  Aug 30th - 7:10am

A massive blaze that ripped through a Gap Inc. distribution center in New York has been largely extinguished.

Race for Facebook data center raises tax-break questions

Lindsay Whitehurst and Morgan Lee, Associated Press  |  Posted  Aug 30th - 7:08am

The race between a small town on the Rio Grande in New Mexico and a Salt Lake City suburb to entice a new Facebook data center with millions of dollars in tax breaks and subsidies is raising questions about public investments in a booming cloud-computing economy that typically brings few local jobs.

In bid against corruption, Greece to ax TV licenses

Derek Gatopoulos, Associated Press  |  Posted  Aug 30th - 6:50am

Greece's left-wing government launched an auction Tuesday for four private national television licenses, reducing the number from seven after a heated public debate on corruption in the financially troubled country.

Under Armour warehouse to employ 1,000 at steel mill site

The Associated Press  |  Posted  Aug 30th - 6:40am

Under Armour is planning to open a distribution warehouse at the site of a former steel mill east of Baltimore.