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Bitcoin's self-proclaimed founder backtracks

The Associated Press  |  Posted  May 5th - 9:00am

Australian entrepreneur Craig Wright, the man who came forward this week as bitcoin's founder, is backtracking. He wrote in a blog post that he does not "have the courage" to publish additional proof, as promised, that he is the elusive creator of the Internet currency.

Grain lower, livestock higher

The Associated Press  |  Posted  May 5th - 9:00am

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

Average US rate on 30-year mortgages falls to 3.61 percent

The Associated Press  |  Posted  May 5th - 8:40am

Long-term U.S. mortgage rates fell this week, following the Federal Reserve's decision not to raise its benchmark interest rate.

House bill would curb new regulation of e-cigarettes, cigars

Mary Clare Jalonick, Associated Press  |  Posted  May 5th - 8:40am

Vape away.

Uganda government bans press coverage of protest movement

The Associated Press  |  Posted  May 5th - 8:40am

Uganda's government on Thursday banned media coverage of a protest movement against the disputed re-election of the country's long-time president.

FDA brings e-cigarettes under federal authority

Matthew Perrone, Associated Press  |  Posted  May 5th - 8:10am

Hundreds of electronic cigarette brands will have to undergo federal review to stay on the market under new rules that have the potential to upend a multi-billion dollar industry attempting to position itself as an alternative to traditional cigarettes.

Rapper French Montana signs with Bad Boy and Epic Records

Jonathan Landrum Jr., Associated Press  |  Posted  May 5th - 8:10am

Rapper French Montana has signed with Bad Boy Entertainment and Epic Records, the music companies told The Associated Press on Thursday.

Ford to invest $182M in software development company

The Associated Press  |  Posted  May 5th - 8:00am

Ford says it is investing $182 million in a San Francisco software development company called Pivotal.

Education officials urged to protect transgender students

The Associated Press  |  Posted  May 5th - 7:50am

Transgender community leaders and supporters are calling on Hawaii education officials to implement policies and training for staff to help ensure the safety and fair treatment of transgender students.

Markets Right Now: Energy sector leads early gains in stocks

The Associated Press  |  Posted  May 5th - 7:50am

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

Pentagon says fewer sex-assault victims faced retaliation

Lolita C. Baldor, Associated Press  |  Posted  May 5th - 7:50am

The Pentagon is lowering its estimate of the number of people it believes have faced retaliation for making claims of sexual assault, arguing that what might sometimes feel like revenge may actually be an attempt to help.

Fannie Mae posts $1.1B profit in 1Q; paying $919M dividend

Marcy Gordon, Associated Press  |  Posted  May 5th - 7:40am

Mortgage giant Fannie Mae posted net income of $1.1 billion for the first quarter, down from a year ago as declining interest rates reduced the value of the financial instruments it uses to hedge against rate swings.

Mayors from big cities around globe push climate initiatives

Maria Danilova, Associated Press  |  Posted  May 5th - 7:40am

The mayors of major cities from around the world are banding together to fight global warming by investing in public transportation and electric cars, planting trees and switching to solar energy.

Greek unions call 3-day general strike over austerity vote

The Associated Press  |  Posted  May 5th - 7:30am

Unions in Greece have a three-day general strike to protest a parliamentary vote on a new round of bailout austerity measures.

Applications for US jobless aid climb, but still near lows

Josh Boak, Associated Press  |  Posted  May 5th - 6:41am

More Americans applied for unemployment benefits last week, but the totals stayed near historic lows in a sign that the recent slowdown in economic growth has yet to spark layoffs.

Requests for US jobless benefits rose last week, but levels still close to historic lows after economic growth slowing

The Associated Press  |  Posted  May 5th - 6:40am

Requests for US jobless benefits rose last week, but levels still close to historic lows after economic growth slowing.

3 council members protest against Philly sugary drink tax

The Associated Press  |  Posted  May 5th - 6:30am

Three city council members have come out against a sugary drink tax that Philadelphia Mayor Jim Kenney wants to use to fund a universal pre-kindergarten program and other initiatives.

Italy's Renzi hails new Alfa Romeo as sign of economic hope

The Associated Press  |  Posted  May 5th - 6:30am

Italian Premier Matteo Renzi is hailing the new Alfa Romeo sedan by Fiat Chrysler, which he says will add 3,400 jobs in Italy and symbolizes the country's economic potential.

Beijing tightens hospital oversight following man's death

Didi Tang, Associated Press  |  Posted  May 5th - 6:30am

China's government health care regulator on Thursday ordered hospitals not to outsource medical services or promote false advertising amid a public outcry over the death of a young man who received expensive but ineffective treatments for a rare form of cancer.