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Orders for long-lasting manufactured goods rebounded in June after a May decline, helped by a recovery in demand in a key category that signals business investment plans.
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Russian execs fear lasting damage from plane crash

Laura Mills, Nataliya Vasilyeva, Associated Press  |  posted Jul 25th - 6:01am
Having for months dismissed Western sanctions on Russia as toothless, business leaders here are now afraid that the crash of the Malaysian jetliner will bring about an international isolation that will cause serious and lasting economic damage.
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Son of South Korean sunken ferry owner detained

Hyung-Jin Kim, Youkyung Lee, Associated Press  |  posted Jul 25th - 5:50am
South Korean police detained the eldest son of the sunken ferry owner Friday after two months on the run, three days after his billionaire father was confirmed dead.
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Iraq Sunni militias pinched by jihadis, corruption

Ryan Lucas, Qassim Abdul-Zahra, Associated Press  |  posted Jul 25th - 5:00am
Wisam al-Hardan's cellphone rang late into the night. He let it ring on and on. He couldn't bear to answer.
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Nevada gambling revenue jumps 14 percent in June

The Associated Press  |  posted 16 minutes ago
Nevada officials say casino revenues shot up more than 14 percent in June thanks to a banner month on the Las Vegas Strip.
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Molson Coors Brewing CEO to retire at year's end

The Associated Press  |  posted 16 minutes ago
Molson Coors Brewing President and CEO Peter S. Swinburn will retire at the end of the year.
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US stocks ease on earnings results

The Associated Press  |  posted 16 minutes ago
The stock market is lower in early trading after online retail giant Amazon posted a quarterly loss.
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Cyprus passes bailout review

The Associated Press  |  posted 36 minutes ago
Cyprus' international creditors said Friday that the country's bailout program is making good progress as fiscal targets have been comfortably met, welfare reform has moved forward and more steps have been taken to shore up the weak banking sector.
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New EU sanctions to target Russian businesses

John-Thor Dahlburg, Associated Press  |  posted 36 minutes ago
European Union ambassadors reached a preliminary deal Friday on stepped-up sanctions against Russia, targeting its access to European capital markets and trade in the defense sector, dual-use goods and sensitive technologies.
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US stock futures ease on earnings results

The Associated Press  |  posted 46 minutes ago
U.S. stock futures headed lower early Friday as a handful of big companies posted weaker results than Wall Street expected. Amazon's shares sank after it posted a quarterly loss.
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US agency probes Hyundai Sonata air bag problem

The Associated Press  |  posted Jul 25th - 7:01am
U.S. safety regulators are investigating whether an electrical problem can knock out the air bags on some older Hyundai Sonatas.
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Orders for US durable goods up 0.7 percent in June led by solid gain in business investment

The Associated Press  |  posted Jul 25th - 6:40am
Orders for US durable goods up 0.7 percent in June led by solid gain in business investment.
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Russia bans dairy imports from Ukraine

The Associated Press  |  posted Jul 25th - 6:10am
Russia has announced a ban on all dairy imports from Ukraine starting next week, a move Kiev has dismissed as politically motivated.
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Son of S.Korea sunken ferry owner detained

The Associated Press  |  posted Jul 25th - 6:00am
South Korean news agency says the eldest son of the sunken ferry owner has been detained by police after two months on the run.
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BSkyB to create multinational European TV network

Gregory Katz, Associated Press  |  posted Jul 25th - 5:42am
London-based pay TV network BSkyB has agreed to take control of its sister companies in Italy and Germany, creating a multinational European broadcaster. The deal could have a wider impact on the media industry, giving Rupert Murdoch's 21st Century Fox a cash boost to potentially revive its attempt to buy Time Warner.
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