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U.S. stocks slumped Thursday as investors reacted to disappointing corporate earnings reports and assessed the implications of the approaching end to economic stimulus from the Federal Reserve. That stimulus has underpinned gains in the stock market for years. 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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Average US 30-year mortgage rate at 4.12 percent

The Associated Press  |  posted 40 minutes ago
Average U.S. mortgage rates declined slightly this week, hovering near their lows for the year.
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Target names Pepsi's Cornell as chairman, CEO

The Associated Press  |  posted 50 minutes ago
Target is bringing in an outsider as its CEO for the first time as the retailer fights to redefine itself to American shoppers.
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Jury seated in Georgia peanut salmonella trial

Russ Bynum, Associated Press  |  posted 10 minutes ago
A jury has been seated to hear the trial of three people charged in connection with a deadly salmonella outbreak traced to a southwest Georgia peanut plant five years ago.
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EU identifies 5 Russian banks it is sanctioning

The Associated Press  |  posted 11 minutes ago
The European Union has revealed the names of five Russian banks it is sanctioning over what the 28-nation bloc decries as Moscow's meddling in Ukraine.
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Panasonic, Tesla to build big US battery plant

Yuri Kageyama, Associated Press  |  posted 11 minutes ago
American electric car maker Tesla Motors Inc. is teaming up with Japanese electronics company Panasonic Corp. to build a battery manufacturing plant in the U.S. expected to create 6,500 jobs.
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Journal Communications, Scripps Co. announce deal

The Associated Press  |  posted 20 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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Candidate lives as homeless person for a week

The Associated Press  |  posted 31 minutes ago
California's Republican candidate for governor says he spent a week living as a homeless person in search of a job to test Gov. Jerry Brown's claim that the state is making a comeback after the economic downturn.
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Irish bookmaker apologizes for 2010 data breach

The Associated Press  |  posted 40 minutes ago
Irish betting company Paddy Power says it is notifying hundreds of thousands of customers that most of their profile information was stolen in 2010, but hackers did not gain their credit card details or log-in passwords.
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Congress races to finish veterans, highway bills

Donna Cassata, Associated Press  |  posted 40 minutes ago
Rushing toward the exits, Congress on Thursday scrambled to wrap up legislation addressing the problem-plagued Veterans Affairs Department and a looming shortfall in highway money. House Republicans sought to win over reluctant, tea party conservatives on a border security bill.
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Grain mixed, livestock mostly lower

The Associated Press  |  posted 50 minutes ago
Grain futures were mixed Thursday in early trading on the Chicago Board of Trade.
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Facebook's expands in Zambia

Barbara Ortutay, Associated Press  |  posted 50 minutes ago
Facebook's project is taking another step toward its goal of bringing the Internet to people who are not yet online, launching an app Thursday in Zambia.
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Judge orders end to Memphis Kellogg lockout

The Associated Press  |  posted 50 minutes ago
A judge has ordered Kellogg to put employees at its Memphis, Tennessee, cereal production facility back to work.
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The Associated Press  |  posted Jul 31st - 8:50am
Early trading on the Chicago Board of Trade Thu.:
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New Mexico city OKs funds to lure 'The Bachelor'

The Associated Press  |  posted Jul 31st - 8:50am
A sharply divided Santa Fe City Council has voted to spend up to $100,000 to try to lure "The Bachelor" to the northern New Mexico city.
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