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Already China's biggest restaurant operator with 4,600 outlets, KFC is pursuing Chinese consumers so avidly it opens two more every day.
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GOP: Lerner emails show bias against conservatives

Stephen Ohlemacher, Associated Press  |  posted Jul 31st - 1:12am
Congressional investigators say this is why they want all of Lois Lerner's emails.
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Obama cracks down on labor breaches by contractors

Josh Lederman, Associated Press  |  posted Jul 31st - 12:50am
President Barack Obama is pushing government contractors to stop violating labor laws if they want to keep taking federal money.
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Probe exposes flaws behind rollout

Ricardo Alonso-Zaldivar, Associated Press  |  posted Jul 31st - 12:40am
Management failures by the Obama administration set the stage for computer woes that paralyzed the president's new health care program last fall, nonpartisan investigators said in a report released Wednesday.
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Kansas congressman hit by farmers' backlash

Roxana Hegeman, Associated Press  |  posted Jul 31st - 12:30am
Eleven biofuel plants dot the vast expanse of western and central Kansas, where farm fields stretch to the horizon and corn and sorghum are the backbone of the rural economy.
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Panel wants TEPCO execs charged over nuke crisis

Mari Yamaguchi, Associated Press  |  posted 20 minutes ago
A Japanese judicial panel has recommended that three former executives of the utility that operates the damaged Fukushima nuclear plant face criminal charges over their role in the disaster.
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Alcatel loss narrows in 2Q but revenue stagnates

The Associated Press  |  posted 20 minutes ago
Telecommunications equipment company Alcatel-Lucent SA says its net loss narrowed in the second quarter thanks to lower accounting charges, while revenue stagnated and restructuring charges mounted.
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Panasonic, Tesla to build big US battery plant

The Associated Press  |  posted 30 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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Sony surprises with first quarter profit

Yuri Kageyama, Associated Press  |  posted 50 minutes ago
Sony Corp. reported a surprise eightfold jump in quarterly profit Thursday as sales got a perk from a cheap yen and its bottom line was helped by gains from selling buildings and its stake in a video-game maker.
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Siemens earnings up 27 pct in April-June quarter

The Associated Press  |  posted Jul 31st - 1:40am
Siemens says its net profit rose 27 percent in the April-June period after earnings a year earlier were weighed down by restructuring costs, though the strong euro hurt its revenue and new orders figures.
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AB InBev earnings rise, sees US improving

The Associated Press  |  posted Jul 31st - 1:20am
Budweiser brewer AB InBev SA, the world's largest beer maker, says sales and underlying earnings grew in the second quarter, with 7.2 percent growth in Brazil, thanks in part to the World Cup, and it sees an improving economic outlook in the U.S.
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Facebook's expands in Zambia

Barbara Ortutay, Associated Press  |  posted Jul 31st - 1:20am
Facebook's project is taking another step toward its goal of bringing the Internet to people who are not yet online with an app launching Thursday in Zambia.
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Sanofi 2nd quarter profit surges

The Associated Press  |  posted Jul 31st - 1:11am
French drug maker Sanofi said Thursday its earnings soared in the second quarter thanks to lower accounting charges than a year earlier, and the company lifted it full-year profit forecast.
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Congress races to finish veterans, highway bills

Donna Cassata, Associated Press  |  posted Jul 31st - 12:52am
Congress is racing to wrap up legislation addressing chronic problems at the Veterans Affairs Department and a shortfall in highway money ahead of its five-week summer break. Deep divisions cast doubt on any resolution to the surge of immigrants at the border.
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Shell profit up on higher oil prices

The Associated Press  |  posted Jul 31st - 12:40am
Royal Dutch Shell PLC, Europe's largest oil company, says second quarter earnings rose on higher production and higher selling prices for oil, and fewer one-time charges.
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