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Nigeria: Local leaders back militants hitting oil production

Hilary Uguru, Associated Press  |  Posted  May 27th - 9:21am

Community leaders in Nigeria's oil-producing Niger Delta are voicing support for a new group of violent militants, saying their demands for a greater share of oil wealth match the aspirations of local people to protest decades of abuse and pollution.

Researchers: Asian bank hacks may be linked to North Korea

The Associated Press  |  Posted  May 27th - 9:20am

Cybersecurity researchers said North Korea might be connected to a recent attack that resulted in the theft of over $100 million from the Bangladeshi central bank and the attempted thefts of millions more from other Asian banks.

Hercules Offshore files for bankruptcy protection, again

The Associated Press  |  Posted  May 27th - 9:10am

Oilfield services company Hercules Offshore filed for Chapter 11 bankruptcy protection, the second time it's done so in less than year.

Man who robbed teens waiting to buy Air Jordans gets prison

The Associated Press  |  Posted  May 27th - 9:00am

A Connecticut man charged with robbing several teenagers waiting in line to buy Air Jordans has been sentenced to up to eight years in prison.

Defying critics, Libya's eastern bank prints its own money

The Associated Press  |  Posted  May 27th - 9:00am

Libya's cash-strapped eastern central bank has printed its own notes, overcoming initial opposition from the U.N.-backed western government but sparking concern at the divided country's ability to develop coherent monetary and economic policies.

Crowd thins slightly at NC furniture market after LGBT law

Emery P. Dalesio, Associated Press  |  Posted  May 27th - 9:00am

Attendance dipped slightly for North Carolina's world-renowned furniture market this year in an early test of business reaction to the state's new law limiting protections for LGBT people.

Turkey: tourist numbers decline amid security worries

The Associated Press  |  Posted  May 27th - 8:50am

Turkish officials say the number of foreign visitors has declined by nearly 30 percent in April amid security concerns and strained ties with Russia.

Grain mostly higher, livestock mixed

The Associated Press  |  Posted  May 27th - 8:50am

Grain futures were mostly higher Friday in early trading on the Chicago Board of Trade.

8 automakers recall over 12M vehicles for Takata air bags

Tom Krisher, Associated Press  |  Posted  May 27th - 8:00am

Eight automakers are recalling more than 12 million vehicles in the U.S. to replace potentially dangerous Takata air bag inflators.

Markets Right Now: Stocks open higher on Wall Street

The Associated Press  |  Posted  May 27th - 8:00am

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

How Alibaba won _ and lost _ a friend in Washington

Erika Kinetz and Desmond Butler, Associated Press  |  Posted  May 27th - 7:41am

In 2011, a respected anti-counterfeiting coalition in Washington escalated its fight against the Chinese e-commerce giant Alibaba, saying its websites served as a 24-hour market "for counterfeiters and pirates" and should be blacklisted.

Man gets prison for molesting women during massage therapy

The Associated Press  |  Posted  May 27th - 7:30am

A massage therapist will spend 6½ to 13 years in prison for molesting women during massage sessions at an eastern Pennsylvania spa that's being sued as a result.

STI cuts leave businesses with unanswered questions

The Associated Press  |  Posted  May 27th - 7:30am

Southeast Technical Institute is dissolving a program focused on workforce development — a move not welcomed by some local business owners.

Judge OKs copyright settlement over Vivian Maier photos

The Associated Press  |  Posted  May 27th - 7:20am

A judge has approved a settlement over the copyright to photos shot by a Chicago nanny dating back to the 1950s and profiled in an Oscar-nominated documentary.

US economic growth in Q1 revised up to 0.8 percent rate

Martin Crutsinger, Associated Press  |  Posted  May 27th - 7:20am

The U.S. economy's slowdown in growth at the beginning of the year wasn't quite as bad as first thought, thanks to a bigger boost from housing and less drag from business investment and trade.

Romania: President seeks health service plan after scandal

The Associated Press  |  Posted  May 27th - 7:10am

Romania's president has ordered an action plan for the country's beleaguered health service following public outrage over the use of diluted disinfectants in Romanian hospitals.

US economy grew at revised 0.8 percent rate in Q1, with less drag from trade and investment

The Associated Press  |  Posted  May 27th - 6:40am

US economy grew at revised 0.8 percent rate in Q1, with less drag from trade and investment.

EU launches effort against 'grey economy' of undeclared work

The Associated Press  |  Posted  May 27th - 6:00am

The European Union is launching an effort to contain the so-called "grey economy" of undeclared and untaxed work.

Chinese kids who climb cliffside ladder home will get stairs

The Associated Press  |  Posted  May 27th - 5:50am

Just to get home from school, they climb 800 meters (more than 2,500 feet) toward the sky — on a ladder made of bamboo and secured to a sheer cliff face.