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The Latest: Dismal oil tract sale results due to low prices

The Associated Press  |  Posted  Aug 24th - 10:11am

The Latest on federal oil lease sale (all times local):

Markets Right Now: US stocks edge lower at midday

The Associated Press  |  Posted  Aug 24th - 10:03am

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

Ford recalls over 88K vehicles due to stalling problem

The Associated Press  |  Posted  Aug 24th - 10:01am

Ford is recalling more than 88,000 cars and SUVs in North America because the engines can stall without warning due to a fuel pump problem.

Elko accepting $500,000 to end long airport concrete dispute

The Associated Press  |  Posted  Aug 24th - 10:01am

City officials in Elko are accepting $500,000 from a construction company to settle a nearly decade-long dispute over crumbling concrete at Elko Regional Airport.

The Latest: Pence blames both parties for manufacturing woes

The Associated Press  |  Posted  Aug 24th - 9:51am

The Latest on the U.S. presidential race (all times EDT):

US home sales fell in July amid inventory shortage

Josh Boak, Associated Press  |  Posted  Aug 24th - 9:51am

US homebuyers pulled back in July, as sales declined amid a shortage of available properties and steadily rising prices.

Trial of Russian man charged with hacking comes to close

Martha Bellisle, Associated Press  |  Posted  Aug 24th - 9:50am

Federal prosecutors and defense lawyers will make their closing arguments Wednesday in the trial of a Russian man charged with hacking into U.S. businesses to steal credit card information.

Iowa board halts pipeline work on 15 landowners' parcels

The Associated Press  |  Posted  Aug 24th - 9:50am

The Iowa Utilities Board has ordered a Texas company to refrain from building a pipeline on 15 landowners' properties until Monday to give the board time to review legal issues involving a lawsuit.

Explorer: No train or tunnel at search site for Nazi train

Monika Scislowska, Associated Press  |  Posted  Aug 24th - 9:41am

Explorers' great hopes for finding a legendary Nazi "gold train" in Poland appeared dashed Wednesday when, after digging extensively, they admitted they have found "no train, no tunnel" at the site.

Nigeria's Central Bank bans 9 local banks from trading forex

Michelle Faul, Associated Press  |  Posted  Aug 24th - 9:30am

Nigeria's Central Bank has banned nine local banks from trading in foreign exchange, accusing them of withholding $2.1 billion in government funds and "round-tripping" to profit from a devalued naira currency.

Many donors to Clinton Foundation met with her at State

Stephen Braun and Eileen Sullivan, Associated Press  |  Posted  Aug 24th - 9:30am

More than half the people outside the government who met with Hillary Clinton while she was secretary of state gave money — either personally or through companies or groups — to the Clinton Foundation. It's an extraordinary proportion indicating her possible ethics challenges if elected president.

Lawsuit filed over railing collapse at Snoop Dogg concert

The Associated Press  |  Posted  Aug 24th - 9:11am

A lawyer representing 17 people injured when a railing collapsed at a Snoop Dogg and Wiz Khalifa concert in New Jersey earlier this month is suing the performers and the venue's owner.

Appalachian coal towns hit by layoffs due money for growth

John Raby, Associated Press  |  Posted  Aug 24th - 9:03am

Officials say 29 projects in nine Appalachian states and in Texas are being funded by nearly $39 million from a federal initiative aimed at stimulating economic development in U.S. communities hard hit by coal industry layoffs.

Kenya's president signs law to cap banks' interest rates

Tom Odula, Associated Press  |  Posted  Aug 24th - 8:51am

Kenya's president on Wednesday said he signed into law a bill that caps interest rates for bank lending and deposits, saying it is clear that Kenyans are frustrated with the "lack of sensitivity" by the financial sector.

Grain lower, livestock lower

The Associated Press  |  Posted  Aug 24th - 8:50am

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

The Latest: Sniffer dogs arrive to Italian quake zone

The Associated Press  |  Posted  Aug 24th - 8:50am

The Latest on the earthquake in central Italy (all times local):

EU backs former Greek statistics chief facing trial

Derek Gatopoulos and Lorne Cook, Associated Press  |  Posted  Aug 24th - 8:41am

The European Union's executive commission on Wednesday publicly defended Greece's former statistics chief, who is facing trial over accusations he exaggerated the government's 2009 deficit, which led to years of bailouts and economic misery.

Physicians Health Plan to stop offering individual coverage

The Associated Press  |  Posted  Aug 24th - 8:30am

Another health insurance company says it's leaving the Affordable Care Act marketplace in Indiana for 2017, reducing competition and forcing more than 6,000 customers to switch to other coverage.

Another Portuguese bank needs help, this time for $5.7B

Barry Hatton, Associated Press  |  Posted  Aug 24th - 8:30am

For Portuguese taxpayers fed up with coming to the rescue of troubled banks, there's bad news: another one needs help.

World's largest aircraft damaged on 2nd test flight

The Associated Press  |  Posted  Aug 24th - 8:10am

The developer of the world's largest aircraft says the blimp-shaped airship sustained damage after it made a bumpy landing Wednesday on its second test flight in eastern England.