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Archive: (67 Stories)

Billions at risk as West Coast port contract ends

06/23/2014 12:40am
The West Coast ports that are America's gateway for hundreds of billions of dollars of trade with Asia and beyond are no stranger to labor unrest and even violence.

Australian PM introduces bill to repeal carbon tax

06/23/2014 2:00am
Prime Minister Tony Abbott reintroduced legislation to the Australian Parliament on Monday that would repeal a carbon tax that the nation's worst greenhouse gas polluters have to pay.

South Africa: 8 gold miners shot dead

06/23/2014 2:00am
South African police on Monday searched for the killers of eight gold miners who were found shot dead at an illegal shaft on the eastern outskirts of Johannesburg.

Thad Cochran needs big Gulf Coast comeback

06/23/2014 2:50am
Hundreds of workers arrive at sunrise at the Ingalls shipyard on the Gulf Coast, and there to greet them are a dozen campaign volunteers with fliers and signs that say, "Save our Jobs."

Drug, gun haul grows from lawless Albanian village

06/23/2014 3:40am
Albanian police say they have so far destroyed some 43 tons of marijuana and 133,000 cannabis plants in a lawless southern village that they fought their way into last week.

Conan O'Brien pays back taxes, avoids home auction

06/23/2014 5:41am
A home owned by talk show host Conan O'Brien has been removed from a Rhode Island auction after he paid some back taxes on the property.

UK plans to link northern cities to create new hub

06/23/2014 6:30am
Britain's Treasury chief on Monday made the case for better connecting the cities in northern England to create a second economic powerhouse to rival London, unveiling a plan to build new railway lines, pool resources and boost investment.

Ni hao, y'all: US hinterlands woo Chinese firms

06/23/2014 7:10am
Burdened with Alabama's highest unemployment rate, long abandoned by textile mills and furniture plants, Wilcox County desperately needs jobs.

Oracle buying Micros Systems for about $5.3B

06/23/2014 7:20am
Software maker Oracle is buying Micros Systems Inc., which provides software and hardware to the hospitality and retail industries, for about $5.3 billion.

Peoria looking for grants to remove lead hazards

06/23/2014 7:50am
Health officials in Peoria County say the area still needs more funding to remove lead hazards from more than 200 homes on a waiting list, despite federal grants already received.

US stocks edge lower in early trading

06/23/2014 8:01am
Stocks are edging lower in early trading after indexed closed last week at record highs.

Chinese company sets aside 'Transformer' dispute

06/23/2014 8:01am
A Beijing property developer and Paramount Pictures said Monday that they had smoothed out a dispute over the new "Transformer" movie, which would be released in China as scheduled.

Allergan tells shareholders to reject Valeant deal

06/23/2014 8:02am
Allergan, the maker of Botox, said Monday that Valeant Pharmaceuticals' hostile takeover bid for the company is "grossly inadequate" and that shareholders should reject it.

Supreme Court to hear Amtrak dispute

06/23/2014 8:03am
The Supreme Court said Monday it will consider whether Amtrak can partner with a government agency to create rules that other private railroads must follow.

Dollar mixed

06/23/2014 8:11am
The U.S. dollar is mixed against other North American currencies in New York trading.

Alstom CEO says GE deal will save jobs

06/23/2014 8:42am
Alstom's chief executive says the French heavy engineering firm's agreement to sell off most of its power generation business to U.S. rival General Electric Co. will save jobs and protect France's national interests.


06/23/2014 8:51am
Early trading on the Chicago Board of Trade Mon.:

Grain mixed, livestock higher

06/23/2014 9:01am
Grain futures were mixed Monday in early trading on the Chicago Board of Trade.

Normandy students await district transfer votes

06/23/2014 9:01am
More St. Louis-area public school districts that previously welcomed transfer students from a nearby struggling district will soon consider whether to accept them after the state's dissolution of the unaccredited Normandy district.

Justices rule on Utah case, uphold broad use of anti-bank fraud law

06/23/2014 9:03am
The Supreme Court on Monday unanimously upheld the broad application of a federal anti-bank fraud law.

Environment, economy linked at new UN assembly

06/23/2014 9:11am
The first-ever United Nations Environmental Assembly opened in Kenya on Monday, as more than 150 high-level delegations began a weeklong examination of the intersection between global economic progress and the environment.

MU planning teacher and learning center

06/23/2014 9:21am
The University of Missouri is in the beginning stages of planning a new center to help faculty improve their teaching practices and use of technology.

Wisconsin Energy buying Integrys for $5.8 billion

06/23/2014 9:50am
Wisconsin Energy Corp. is buying Integrys Energy Group Inc. for about $5.8 billion in cash and stock to form a more diverse Midwest electric and natural gas delivery company.

Takeover target Shire promises strong growth

06/23/2014 9:51am
Takeover target Shire on Monday highlighted its potential as a standalone drugmaker, offering investors a rosy projection of its earnings potential that it believes is not reflected in the acquisition proposal made by U.S.-based rival AbbVie.

US stocks edge lower in midday trading

06/23/2014 10:10am
Stocks are edging lower in midday trading after indexes closed last week at record highs.

Spain's Repsol makes Russian hydrocarbon discovery

06/23/2014 10:21am
Spanish energy company Repsol has announced what it says is a significant hydrocarbon discovery in a relatively unexplored part of West Siberia.


06/23/2014 10:31am
Sales, noon price and net change of the 15 most active New York Stock Exchange issues, trading nationally.

News Corp selling Community Newspaper business

06/23/2014 10:31am
News Corp. said Monday it will sell its Community Newspaper Group, which is based in New York City and publishes 11 community newspapers and websites, as well as several magazines.

Resort hotel also serves as military test site

06/23/2014 10:50am
To the tourists who frolic in the crystal-blue surf of this picturesque, white-sand beach, the Fort Walton Beach Holiday Inn Resort looks like, well, a Holiday Inn with a large beach ball statue on top. But to military officials, it is known as Eglin Air Force Range Test Site A5.

Amtrak train hits vehicle on tracks, killing 3

06/23/2014 11:31am
An Amtrak train hit a vehicle that was apparently driving on train tracks in Massachusetts, killing three people in the vehicle and derailing the train, authorities said Monday. The crash also disrupted and delayed train service along the busy Northeast corridor.

US, French bank close to deal on $9 billion fine

06/23/2014 11:31am
The U.S. government and French bank BNP Paribas are close to a settlement over alleged sanctions violations that would require the bank to plead guilty, pay almost $9 billion in penalties and face other sanctions, a person familiar with the matter said Monday.

South African union chief says mine strike to end

06/23/2014 11:42am
A South African union representing tens of thousands of miners who have been on strike for five months has reached a wage deal with platinum-producing companies to end the protest, the head of the union said Monday.

Tech Tips: Facebook ads, tracking and you

06/23/2014 11:45am
If you use Facebook, the specific ads you see have been based mostly on what you do on Facebook — your profile information, status updates, likes and interests.

Life term for UK pair in cash-grab parent killings

06/23/2014 11:51am
A British husband and wife who murdered the woman's parents and collected their pension checks for 15 years have been sentenced to life in prison with no chance of parole for 25 years.

3 Michigan health care systems agree to combine

06/23/2014 12:11pm
Three Michigan health care systems announced Monday that they have reached a definitive agreement to combine operations into a new $3.8 billion nonprofit and expect the deal to be completed in the fall.

Iraq upheaval threatens oil development plans

06/23/2014 12:20pm
The turmoil in Iraq has thrown the OPEC member's ambitious plans to boost oil production into doubt, threatening to crimp its most vital economic lifeline.

Chinese company sets aside 'Transformer' dispute

06/23/2014 12:21pm
A Beijing property developer and Paramount Pictures said Monday that they have smoothed out a dispute over the new "Transformer" movie and it will be released in China as scheduled.

Corinthian, US in tentative agreement

06/23/2014 12:50pm
Corinthian Colleges Inc. and the U.S. Department of Education have reached an agreement that will allow the for-profit education company to receive an immediate $16 million in federal student aid funds and keep operating.

Sales of US existing homes up 4.9 percent in May

06/23/2014 1:11pm
Sales of previously owned U.S. homes posted the best monthly gain in nearly three years in May, providing hope that housing is beginning to regain momentum lost over the past year.

Grain mixed, livestock mixed

06/23/2014 1:31pm
Grain futures were mixed Monday on the Chicago Board of Trade.

Dollar mixed

06/23/2014 1:31pm
The U.S. dollar is mixed against other North American currencies in New York trading.

Crude falls

06/23/2014 1:31pm
Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell 66 cents -- closing at $106.17 a barrel.

Gold up, silver down

06/23/2014 1:31pm
The June gold contract on the New York Mercantile Exchange closed today at $1318.00 an ounce -- up $1.80.

US stocks slip below records; FMC falls

06/23/2014 2:11pm
U.S. stock indexes are closing slightly below the record levels they hit last week as investors assess a batch of corporate news.

Stocks slip below records; FMC falls

06/23/2014 2:21pm
Stocks fell for the first time in seven days, ending a run that had pushed the indexes to all-time highs, as investors assessed corporate news.

Defibrillators not required in California stores

06/23/2014 2:31pm
The California Supreme Court on Monday ruled that large retailers aren't required to have defibrillators on hand to help treat customers and workers who suffer sudden cardiac arrest.

Box office: 'Think Like a Man Too' tops sequels

06/23/2014 2:41pm
The Las Vegas ensemble comedy "Think Like a Man Too" led a trio of chart-topping sequels at the weekend box office.

Court raises bar for securities class action cases

06/23/2014 2:41pm
The Supreme Court on Monday made it tougher for investors to join together to sue corporations for securities fraud, a decision that could curb the number of multimillion-dollar legal settlements companies pay out each year.

Heart pacer-zapper benefits women more: FDA study

06/23/2014 3:01pm
Women with heart failure are less likely to get a special kind of pacemaker than men, but more likely to benefit from the device, a government analysis suggests.

White House, business back Export-Import Bank

06/23/2014 3:11pm
The White House and an influential pair of business organizations called for renewal of the Export-Import Bank on Monday, one day after newly elected House Majority Leader Kevin McCarthy of California said the agency should be phased out.


06/23/2014 3:31pm
A snapshot of major stock and commodities market indicators Monday:


06/23/2014 3:41pm
Most active Nasdaq issues.

LSU hospital closure ruled unconstitutional

06/23/2014 3:51pm
Lawmakers didn't follow the Louisiana Constitution in authorizing Gov. Bobby Jindal to close the LSU-run public hospital in Pineville, a judge ruled Monday, but the judge is not requiring the Jindal administration to stop plans to shutter the facility next week.

Avon Products says it will cut 600 more jobs

06/23/2014 4:01pm
Avon Products said Monday that it will cut another 600 jobs as it tries to reduce its spending.

Automakers to recall air bags in humid parts of US

06/23/2014 4:01pm
Faulty air bags — which have already led to the recall of millions of cars worldwide — are being blamed for a new round of recalls in the U.S.

Swollen creek not enough to halt food order

06/23/2014 5:10pm
A little thing like a flooded creek was not enough to keep an Alaska restaurant owner from delivering Thai ribs and fried rice to stranded customers over the weekend.

US regulators tell railroads to report on backlog

06/23/2014 5:20pm
A backlog of grain shipments across the Great Plains has been reduced but not eliminated, so U.S. regulators are requiring BNSF and Canadian Pacific railroads to provide weekly updates on their efforts to catch up before harvest.

Terry McMillan switches publishers

06/23/2014 5:20pm
Terry McMillan is ending a long-term relationship — with her publisher.

Judge: Idaho suit over tribal poker defies compact

06/23/2014 5:21pm
Poker can continue for now at the Coeur d'Alene Tribe's casino in Worley after a federal judge ruled Monday that the state violated a gambling compact in a dispute over a game Idaho says is illegal.

McCrory hopeful while prepping for new budget year

06/23/2014 5:21pm
Gov. Pat McCrory said Monday he's confident that he and legislative leaders will make progress this week on final adjustments to the North Carolina budget — but just in case, he's preparing to run state government next week without those adjustments.

Report: Doctors don't treat vets due to lag in pay

06/23/2014 5:50pm
A federal review has determined some South Texas physicians stopped accepting veterans as patients because a Veterans Affairs center was not reimbursing the doctors in a timely manner.

Obama says US should have paid maternity leave

06/23/2014 7:01pm
President Barack Obama said Monday that the United States should join the rest of the industrialized world and offer paid leave for mothers of newborns.

VA challenged on handling of whistleblower charges

06/23/2014 7:11pm
A top federal investigator has identified "a troubling pattern of deficient patient care" at Veterans Affairs facilities around the country that she says was pointed out by whistleblowers but downplayed by the department.

Holidays, lost business in Brazil WCup's lazy days

06/23/2014 7:30pm
Lucky students in Chile went home early, many Brazilian offices and stores went dark, and across the megalopolis of Mexico City traffic was as calm as midnight. With three Latin American countries playing for their World Cup futures Monday, fans across the region succumbed to soccer fever, slowing regular business to a crawl.

IRS head says no obstruction of Congress in probe

06/23/2014 8:20pm
The head of the IRS brushed aside accusations Monday that the agency has obstructed investigations into the targeting of tea party and other political groups, even as Republican lawmakers questioned his credibility.

City tells app to stop auctions of parking spaces

06/23/2014 9:10pm
San Francisco's city attorney issued a cease-and-desist demand Monday to a mobile app called Monkey Parking, which allows people to auction public parking spaces that they're using to other nearby drivers.

2 universities in DC make deal to buy solar power

06/23/2014 10:10pm
Two universities in the nation's capital have agreed to a major energy deal to buy more than half their power from three new solar power farms that will be built in North Carolina, the schools announced Monday night.