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Markets Right Now: US stocks mostly lower at midday

The Associated Press  |  Posted  Jul 27th - 10:11am

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

9/11 worker pleads for medical coverage with billboards

The Associated Press  |  Posted  Jul 27th - 10:11am

A New Jersey man who spent three weeks looking for survivors in the days after the 9/11 attacks is using billboards in a push to have his kidney disease added to the list of covered conditions by a fund to help Ground Zero workers with health problems.

Name and Shame? Obama points to Russia on DNC email hacking

Eric Tucker and Jack Gillum, Associated Press  |  Posted  Jul 27th - 10:11am

President Barack Obama's decision to identify Russia as almost certainly the culprit in hacking the Democratic National Committee and releasing politically embarrassing emails fits his administration's new penchant for openly blaming foreign governments for such break-ins.

Comcast profit slips due to fewer box-office hits

Tali Arbel, Associated Press  |  Posted  Jul 27th - 10:00am

Comcast's second-quarter profit slipped because of fewer movie hits from its NBCUniversal film-and-TV arm, but it posted big gains in internet customers and its smallest video losses for a second quarter in at least a decade.

Atlantic flights disrupted by Iceland air traffic glitch

The Associated Press  |  Posted  Jul 27th - 9:50am

Iceland's airport authority says the country briefly closed its airspace to flights because of a technical problem at its air traffic control center.

Nigerian publishers demand release of detained colleague

The Associated Press  |  Posted  Jul 27th - 9:41am

Newspaper publishers are demanding that Nigeria's secret service release a colleague detained on accusations that he is an oil militant.

Fashion's Gaultier to design capsule collection for OVS

The Associated Press  |  Posted  Jul 27th - 9:41am

Italian retailer OVS has announced that designer Jean Paul Gaultier will do a capsule collection that will be in stores in November.

The Latest: Trump says Russia hacking charges 'far-fetched'

The Associated Press  |  Posted  Jul 27th - 9:32am

The Latest on the hacking of the Democratic National Committee (all times local):

Iowa Board of Regents wants about $3.6M for central office

The Associated Press  |  Posted  Jul 27th - 9:21am

The Iowa Board of Regents has approved a budget that calls for taking more than $3.6 million from the state's three public universities to cover the shortfall in expenses for the board's central office.

Egypt asks IMF for $12 billion loan amid struggling economy

The Associated Press  |  Posted  Jul 27th - 9:02am

Egypt is in the "final stages" of negotiating an agreement with the International Monetary Fund to secure a $12 billion loan over three years, while targeting more loans totaling $7 billion annually, according to a Cabinet statement.

WTO chief: global trade not main culprit for lost US jobs

Jamey Keaten, Associated Press  |  Posted  Jul 27th - 9:00am

Global trade is not the main cause for the loss of manufacturing jobs in places like the United States and needs to be defended from its critics, the chief of the World Trade Organization said Wednesday.

EU Commission refrains from fining Spain, Portugal

Raf Casert, Associated Press  |  Posted  Jul 27th - 8:51am

The European Union's executive refrained Wednesday from calling for heavy fines against Spain and Portugal for breaching budget rules and sought instead to set "new fiscal paths" for the two countries.

Coca-Cola cuts sales outlook amid weak international demand

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

Coca-Cola trimmed its sales outlook for the year Wednesday, citing weakening demand in major international markets including China and part of South America.

Orders for durable goods plunged in June

Martin Crutsinger, Associated Press  |  Posted  Jul 27th - 8:50am

Orders to U.S. factories for long-lasting manufactured goods fell in June by the largest amount in nearly two years, reflecting a big decline in the volatile category of commercial aircraft and broad weakness across a number of other areas. The key category that tracks business investment eked out a small gain.

Grain higher, livestock lower

The Associated Press  |  Posted  Jul 27th - 8:41am

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

Baaaaaad! Ornamental sheep taken from senior center

The Associated Press  |  Posted  Jul 27th - 8:31am

A retirement and assisted living facility in New Jersey wants its sheep back.

Dubai's DP World reaches deal to expand port in Taiwan

The Associated Press  |  Posted  Jul 27th - 8:21am

Port operator DP World says it has reached a deal to help expand a seaport in Taiwan.

Pending US home sales improved slightly in June

Josh Boak, Associated Press  |  Posted  Jul 27th - 8:12am

The number of Americans who signed contracts to buy homes crept up in June, a possible indication that the recent growth in real estate sales is still on track.

Senator: Is Medicare drug plan vulnerable to exploitation?

Ricardo Alonso-Zaldivar, Associated Press  |  Posted  Jul 27th - 8:01am

A senior senator is examining whether Medicare's prescription drug benefit is vulnerable to manipulation by pharmaceutical companies that set very high prices for medications.