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Aetna tops 2Q profit forecasts

The Associated Press  |  Posted  Aug 4th - 4:20am

Aetna Inc. (AET) on Tuesday reported second-quarter earnings of $731.8 million.

Greek market down further as prospect of new elections grows

Derek Gatopoulos, Associated Press  |  Posted  Aug 4th - 4:10am

The Greek stock market is suffering a second day of losses since reopening, as the country's left-wing government conceded that dissent within the ruling party was likely to force an early election.

Kerry pushes Asia trade pact in Singapore

Matthew Lee, Associated Press  |  Posted  Aug 4th - 12:41am

U.S. Secretary of State John Kerry called Tuesday for countries negotiating a major Pacific Rim trade deal to overcome differences that have stalled its conclusion.

Rebooting Greece: how to get its economy going again

Menelaos Hadjicostis, Associated Press  |  Posted  Aug 3rd - 10:22pm

After so much pain, Greece must now figure out how to get its economy back on its feet.

Asia stocks mostly down as China data weighs on confidence

Yuri Kageyama, Associated Press  |  Posted  Aug 3rd - 9:31pm

Asian stocks mostly fell Tuesday as weak Chinese manufacturing weighed on sentiment and investors looked ahead to a U.S. jobs report later this week that could cement expectations for a Fed interest rate hike.

14 illegal gold miners victims of landslide in Liberia

The Associated Press  |  Posted  Aug 4th - 5:00am

State radio in Liberia says 14 men illegally mining for gold in Liberia's west fell victim to a landslide. They were trapped under rubble and are presumed dead.

NYC Schools Chancellor forms new anti-cheating task force

The Associated Press  |  Posted  Aug 4th - 4:20am

New York City Schools Chancellor Carmen Fariña has created a new task force to crack down on cheating and academic dishonesty in public schools.

Toyota's quarterly profit up 10 pct on cheap yen, cost cuts

Yuri Kageyama, Associated Press  |  Posted  Aug 4th - 4:00am

Toyota's profit for April-June rose 10 percent on perks from a cheap yen and cost reduction efforts that offset lower vehicle sales.

BMW earnings slip on China, costs for new models

David McHugh, Associated Press  |  Posted  Aug 4th - 3:51am

German luxury automaker BMW saw net profit slip 1 percent in the second quarter amid higher costs to bring out new vehicles and a tougher market in China, a major pillar of its profits.

EU, Vietnam agree deal for free trade pact

The Associated Press  |  Posted  Aug 4th - 3:50am

The European Union and Vietnam have reached an agreement in principle on a new free trade deal that would see the lifting of most tariffs on goods.

Town's leaders defend firing of first black police chief

Randall Chase, Associated Press  |  Posted  Aug 4th - 3:41am

Leaders of a small, predominantly black town on Maryland's Eastern Shore are defending their decision to fire the town's first black police chief and call for healing racial tensions that have divided the community.

Vermont urging poultry owners to prepare for disease

The Associated Press  |  Posted  Aug 4th - 2:40am

The Vermont Agency of Agriculture is urging the state's poultry producers to prepare for the arrival of a disease usually fatal to poultry that is expected to reach the state this fall or next spring.

Prosecutors start criminal investigation into crane collapse

The Associated Press  |  Posted  Aug 4th - 2:30am

Prosecutors have launched a criminal investigation into the dramatic collapse of two cranes onto a row of houses in a central Dutch city that briefly buried one man under rubble.

UK state raises $3.3 billion from first sale of RBS stake

Danica Kirka, Associated Press  |  Posted  Aug 4th - 2:20am

The U.K. government said Tuesday it sold 5.4 percent of taxpayer-owned Royal Bank of Scotland for 2.1 billion pounds ($3.3 billion) as it begins to shed a majority stake acquired at the height of the financial crisis in 2008.

China group to salvage South Korea's sunken ferry

Kim Tong-Hyung, Associated Press  |  Posted  Aug 4th - 1:32am

South Korea said Tuesday that it had agreed to a 85.1 billion won ($73 million) deal with a Chinese-led consortium to salvage a ferry that sunk in an accident that killed more than 300 people in April last year. The formal contract could be signed as early as Wednesday.

50 Cent says expenses $108,000 a month; $72,000 for mansion

The Associated Press  |  Posted  Aug 3rd - 9:41pm

Rapper 50 Cent says in a Connecticut bankruptcy court filing he spends $108,000 a month on his expenses, including $5,000 for gardening.

States' targets shift in final Obama climate change plan

Matt Volz, Associated Press  |  Posted  Aug 3rd - 8:10pm

Sixteen states will have tougher carbon dioxide reduction targets than they originally planned now that President Barack Obama has presented his final plan to cut emissions from U.S. power plants.

Firing of town's first black police chief leads to turmoil

Randall Chase, Associated Press  |  Posted  Aug 3rd - 7:12pm

Residents of a small town on Maryland's Eastern Shore vented their frustrations and concerns about the ouster of the town's first black police chief at a City Council meeting Monday that devolved into angry shouting.

Judge nixes extradition in case of painting looted by Nazis

Larry Neumeister, Associated Press  |  Posted  Aug 3rd - 7:01pm

Poland lacks probable cause to extradite a Russian art dealer living in New York on criminal charges accusing him of knowing that an 18th-century painting taken from a Polish museum by the Nazis during World War II was stolen property when he inherited it from his father, a judge ruled Monday.

As special session resumes, still no agreement on budget

Kim Chandler, Associated Press  |  Posted  Aug 3rd - 6:21pm

The Alabama Legislature on Monday resumed a special session on a budget shortfall the same way it began three weeks ago: with absolutely no consensus on what to do.