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For all its horror, the beheading of an American journalist in Syria appears unlikely to change lawmakers' minds about military intervention against Islamic State extremists. It's equally unclear whether the Obama administration will be asking them to back a new U.S. approach.
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Bank of America agrees to nearly $17B settlement

Pete Yost, Marcy Gordon, Associated Press  |  posted 35 minutes ago
The government has reached a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis, the Justice Department announced Thursday.
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New restrictions on hydrocodone to take effect

Matthew Perrone, Associated Press  |  posted 55 minutes ago
The federal government is finalizing new restrictions on hundreds of medicines containing hydrocodone, the highly addictive painkiller that has grown into the most widely prescribed drug in the U.S.
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Average US 30-year mortgage rate at 4.10 pct

The Associated Press  |  posted Aug 21st - 10:10am
Average long-term U.S. mortgage rates declined this week, with the 30-year loan rate hitting its low for the year.
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Amazon starts selling physical books in Brazil

The Associated Press  |  posted 15 minutes ago
Online retailer Amazon has started selling physical books in Brazil, two years after it began selling books in digital format in Latin America's biggest country.
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United Airlines is improving first class meal offerings in push to win over business travelers

The Associated Press  |  posted 25 minutes ago
United Airlines is upgrading first-class food options and replacing snacks with full meals on some of its shortest flights.
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Columbus college could get local transit service

The Associated Press  |  posted 25 minutes ago
The city of Columbus and a local community college will discuss extending public transit service to help students get to the campus.
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USS Saratoga carrier heads off to be scrapped

The Associated Press  |  posted 25 minutes ago
The decommissioned aircraft carrier USS Saratoga has left its port in Rhode Island for its final journey to Texas, where it will be scrapped.
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US judge readies response to Argentina's threats

The Associated Press  |  posted 25 minutes ago
A U.S. judge frustrated by debt-ridden Argentina's refusal to comply with his orders is being urged to take stronger action against the South American nation.
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Israeli airstrike in Gaza kills 3 senior Hamas military leaders in major blow to group

The Associated Press  |  posted 35 minutes ago
Israeli Prime Minister Benjamin Netanyahu is praising the "superior intelligence" of the Shin Bet security service and the military's "precise execution" following an Israeli airstrike in Gaza that killed three senior Hamas military commanders today.
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Hostess closing bakery that created the Twinkie

The Associated Press  |  posted 35 minutes ago
Hostess Brands plans to close the suburban Chicago bakery where the Twinkie was invented in 1930, cutting 400 jobs and shuttering a piece of American baking history.
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Head of securities firm sentenced for fraud

The Associated Press  |  posted 45 minutes ago
The president of a failed southwest Idaho property management company has been sentenced to 20 years in federal prison without the possibility of parole for defrauding investors.
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STOCKS IN THE SPOTLIGHT

The Associated Press  |  posted Aug 21st - 10:20am
Sales, noon price and net change of the 15 most active New York Stock Exchange issues, trading nationally.
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Music site SoundCloud to start paying artists

The Associated Press  |  posted Aug 21st - 10:20am
SoundCloud says it will start paying artists and record firms whose music is played on the popular streaming site.
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Stocks move higher for a fourth day

Ken Sweet, Associated Press  |  posted Aug 21st - 10:12am
U.S. stocks were mostly higher in midday trading Thursday, helped by a report that showed the number of people seeking unemployment benefits remains at a multi-year low. Hewlett-Packard rose after delivering better results, while Sears plunged after reporting that its loss doubled from a year ago.
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