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July 30th, 2014
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Archive: (85 Stories)

Czech CEZ settles power dispute with Albania

06/24/2014 2:10am
The Czech state-run power utility CEZ says it has settled its multimillion-euro power dispute with Albania.

German business optimism slips amid Ukraine, Iraq

06/24/2014 2:40am
A closely-watched survey shows German business confidence slipped for the second month in a row amid growing concerns about the economic impact of the crises in Ukraine and Iraq.

NJ teacher who reported sex play keeps job

06/24/2014 4:01am
A southern New Jersey kindergarten teacher who reported two five-year-olds after they emerged from a bathroom and said they had engaged in sex play will not lose her job.

Forrest Co. School District: No tax increase

06/24/2014 4:10am
The Forrest County School District will not require a tax increase to balance its budget for the 2014-15 budget year, which begins July 1.

What wealth gap? Danish welfare narrows disparity

06/24/2014 4:50am
This is what it's like to live in Denmark, a nation with a narrower wealth gap than almost anywhere else: You've been jobless for more than a year. You have no university degree, no advanced skills. You have to pay a mortgage. And your husband is nearing retirement.

Japan unveils strategy to restore cutting edge

06/24/2014 5:20am
Japanese Prime Minister Shinzo Abe formally announced Tuesday an outline of his long-awaited growth strategy, a slew of reforms meant to revitalize the economy and restore its global competitiveness.

Abe's grand plan to revive Japan's economic might

06/24/2014 5:40am
Prime Minister Shinzo Abe announced a slew of measures Tuesday aimed at restoring Japan's global competitiveness. Past governments have sought and failed to enact many of the reforms Abe and other leaders say are needed to revamp an outdated post-World War II industrial model and sustain growth for decades to come.

OPEC: Iraq violence not causing oil output drop

06/24/2014 6:00am
The head of OPEC, the group of major oil exporters, says recent crude price increases are to blame on market fears caused by the crisis in Iraq but not on a drop in output.

Turkey cuts key rate to help economy

06/24/2014 6:31am
Turkey's central bank has cut its main interest rate by 0.75 percentage points, undoing some of the rate increases it took in recent month to support the falling national currency.

Key moments in Britain's phone-hacking scandal

06/24/2014 7:20am
Here are key developments in the phone hacking scandal involving segments of Britain's tabloid press:

US home prices rise at slowest pace in 13 months

06/24/2014 7:40am
U.S. home prices rose in April from a year ago at the slowest pace in 13 months, reflecting a recent drop-off in sales.

Review: Colors come to life in new Samsung tablet

06/24/2014 8:00am
Samsung's new Galaxy Tab S tablet looks different.

Stocks slip ahead of reports; Walgreen sinks

06/24/2014 8:00am
Stocks are opening slightly lower ahead of reports on new homes sales and consumer confidence.

US new home sales surge 18.6 percent in May to annual rate of 504,000, fastest pace in 6 years

06/24/2014 8:11am
US new home sales surge 18.6 percent in May to annual rate of 504,000, fastest pace in 6 years.

Diabetic skier inspires kids with tales of triumph

06/24/2014 8:41am
It's hard enough making it to the Olympics. Try doing it with Type 1 diabetes.

Grain lower, livestock higher

06/24/2014 8:50am
Grain futures were lower Tuesday in early trading on the Chicago Board of Trade.

US new home sales rocket higher in May

06/24/2014 8:50am
Sales of new U.S. homes rose in May to the highest level in six years, providing the strongest signal yet that housing is recovering from a recent slowdown.

Open

06/24/2014 8:50am
Early trading on the Chicago Board of Trade Tue.:

University of Delaware wins $12M for biofuel work

06/24/2014 8:51am
The U.S. Department of Energy has awarded the University of Delaware a $12 million federal grant to develop renewable energy.

Boehner: administration not helping in IRS probe

06/24/2014 9:00am
House Speaker John Boehner says the Obama administration is not helping Congress get to the truth over the IRS' close scrutiny of conservative groups and the agency's recent revelation that it lost emails related to that probe.

US consumer confidence reaches a 6-year high

06/24/2014 9:10am
U.S. consumers are more confident about the economy than they have been in more than six years.

Senate backers of long-term jobless aid try again

06/24/2014 9:40am
Senate supporters of legislation to renew long-term jobless benefits are backing a new approach in hopes of pressuring the House to reinstate the program after a lapse of six months.

'Full service' station attracts regular customers

06/24/2014 9:41am
As Mary Smith pulls her car beside one of the gas tanks labeled "full service" at the Colonial Mart Shell in Jackson, a NASCAR-type pit stop breaks out.

San Francisco to app: Curb parking space auctions

06/24/2014 9:50am
San Francisco's new crackdown on a mobile app that allows people to auction off their public parking spots marks yet another clash between innovative technologies and regulators trying to maintain law and order, public safety and a sense of social decorum.

Dubai stocks plunge as builder questions swirl

06/24/2014 9:50am
Dubai's stock market plunged 6.7 percent Tuesday after the construction giant that helped raise the Mideast commercial hub's record-breaking Burj Khalifa skyscraper confirmed it has fired staff following the departure of its CEO last week.

Davenport board ends contract after high bids

06/24/2014 9:50am
The Davenport School Board has ended its contract with an Indiana architectural company after bids for a planned project came in about $5 million higher than expected.

Is a college degree still worth it? Study says yes

06/24/2014 10:01am
Some comforting news for recent college graduates facing a tough job market and years of student loan payments: That college degree is still worth it.

China's gift causes big trouble for tiny Tonga

06/24/2014 10:30am
It's almost 10 a.m., but the barista at this tiny Pacific kingdom's domestic air terminal has yet to make a single cup of coffee.

STOCKS IN THE SPOTLIGHT

06/24/2014 10:31am
Sales, noon price and net change of the 15 most active New York Stock Exchange issues, trading nationally.

El-Sissi says he donates half his wealth to Egypt

06/24/2014 11:11am
Egypt's President Abdel-Fattah el-Sissi said Tuesday he will donate half of his personal wealth and half of his salary to help the country's crippling economy, the improvement of which he said requires sacrifices from all Egyptians.

Senate Democrats unveil $9B for highway bill

06/24/2014 11:21am
Senate Democrats have unveiled a $9 billion plan to prevent states from facing a cutoff of federal highway construction money as early as this summer.

Why a grim US economic picture is brightening

06/24/2014 11:31am
When the government updates its estimate Wednesday of how the U.S. economy fared last quarter, the number is pretty sure to be ugly. Horrible even.

Indiana hospital system agrees to pay federal fine

06/24/2014 12:01pm
A northeastern Indiana hospital system has agreed to pay an $800,000 federal fine to settle potential privacy violations stemming from medical records found dumped outside a physician's home.

Money men tally cost of climate change

06/24/2014 12:11pm
Climate change is likely to exact enormous costs on U.S. regional economies in the form of lost property, reduced industrial output and more deaths, according to a report backed by a trio of men with vast business experience.

Italy's Renzi: Immigration crisis tests EU unity

06/24/2014 12:11pm
Italian Premier Matteo Renzi issued a warning Tuesday to his European allies, saying they need to pitch in much more and help rescue tens of thousands of refugees who are risking their lives to reach the continent.

Putin says US trying to derail gas pipeline plan

06/24/2014 12:12pm
The U.S. is trying to derail a project to build a gas pipeline that bypasses Ukraine to supply Europe, Russian President Vladimir Putin said Tuesday after Russian and Austrian energy firms agreed to build the pipeline's western end.

Israel joins Paris Club of rich creditor nations

06/24/2014 1:01pm
Israel on Tuesday joined an influential group of rich nations that help poor indebted economies, giving the country an international boost of recognition for its economic accomplishments.

Keeneland to host 2015 Breeders' Cup championship

06/24/2014 1:11pm
Keeneland will host its first Breeders' Cup in October 2015, giving the picturesque track the marquee event officials have long desired and returning the season-ending championship to the Bluegrass State for the first time since 2011.

Close

06/24/2014 1:21pm
Futures trading on the Chicago Board of Trade Tue.:

Fears of a beer-free Utah Oktoberfest dry up

06/24/2014 1:21pm
The beer will flow at a Utah Oktoberfest, after the state liquor board backed off its warning that the long-running German celebration of all things ale could go dry this year.

Boehner backs off support for Export-Import bank

06/24/2014 1:25pm
Faced with conservative opposition, House Speaker John Boehner is declining to take a position on renewing the Export-Import Bank even though he's supported it in the past. His new stance deals a blow to a top priority of the business community.

Who put sleeping pills into Wall Street's water?

06/24/2014 1:32pm
Is the lack of fear on Wall Street something to fear?

Gold, silver

06/24/2014 1:33pm
up $2.90.

Senate measure proposes $2 entry fee hike

06/24/2014 1:34pm
A Senate panel moved on Tuesday to increase the fee paid by travelers who enter the U.S. by commercial sea and air carriers by $2.

FDA outlines policy for overseeing nanotechnology

06/24/2014 2:11pm
Federal regulators want to hear from companies using tiny, engineered micro-particles in their products, part of an effort to stay abreast of the growing field of nanotechnology.

Peppermill-owned casinos launch online poker

06/24/2014 2:21pm
A chain of casinos in northern Nevada is getting into the online gambling business.

Stocks end lower as traders sell blue chips

06/24/2014 2:41pm
The stock market had its biggest decline in two weeks Tuesday, led by a sell-off in blue-chip bank and energy stocks. Homebuilders rose after the government reported sales of new homes rose in May to the highest level in six years.

Study: Recession and recovery widen US wealth gap

06/24/2014 2:41pm
The Great Recession and the slow recovery have sharply widened the gap between the wealthiest Americans and everyone else, according to a study that underscores the unevenness of wealth gains since the recession ended.

SIU board OK's 2 student fee proposals

06/24/2014 2:41pm
The Southern Illinois University system's governing board has signed off on two fee proposals meant to help the Carbondale campus' sports programs and student newspaper.

NBC hopes its talent show can sink 'Rising Star'

06/24/2014 2:41pm
NBC is fighting amateur with amateur.

Auditor: Campus' sexual assault efforts inadequate

06/24/2014 2:41pm
California's public universities need to do a better job of educating students and staff members about campus sexual harassment and violence policies and then keeping students who bring complaints informed about the status of their cases, the state auditor said Thursday.

Executive accused in Madoff scam pleads guilty

06/24/2014 2:51pm
A senior partner at a New York accounting firm pleaded guilty to criminal charges Tuesday in a cooperation deal with the government, saying he unwittingly played a role in financier Bernard Madoff's "horrific and evil Ponzi scheme."

4 big banks get 6 months more to revise plans

06/24/2014 2:53pm
Citigroup Inc. and three other big banks are getting another six months to amend their capital plans, changes required after they fell short in the Federal Reserve's annual "stress tests."

Crimes to crops: Drone display shows potential use

06/24/2014 3:21pm
An unmanned aircraft the size of a push lawnmower was launched shortly after a report of a person being held at knifepoint. With red, green and white lights flashing below its rotors, the drone slowly circled the scene and relayed sharp images to those watching from afar on a digital screen.

Bondholders to judge: No wiggle room for Argentina

06/24/2014 3:21pm
The winners of a decade-long debt battle asked a U.S. judge on Tuesday to deny Argentina's request for more negotiating time to avoid a catastrophic default.

Markets-At-A-Glance

06/24/2014 3:31pm
A snapshot of major stock and commodities market indicators Tuesday:

Nasdaq SUMMARY

06/24/2014 3:31pm
Most active Nasdaq issues.

House, Senate begins compromise talks on vets bill

06/24/2014 3:51pm
House and Senate negotiators opened compromise talks Tuesday on legislation to expand health care for veterans, and said they hope for quick response to a scandal that has uncovered long wait times, false record-keeping and accusations of criminal activity at the Department of Veterans Affairs.

Here is the latest Nevada news from The Associated Press

06/24/2014 4:01pm
Lingering drought is taking a toll on wildlife across northern Nevada, shrinking deer herds on the high desert and drying up fisheries in the valleys. State wildlife officials say the third consecutive year of drought could result in the loss of some fisheries by the end of the summer. The Reno Gazette-Journal reports that the drought is already pushing rodents and snakes into urban neighborhoods in the Reno-Sparks area.

3-D mammogram scans may find more breast cancer

06/24/2014 4:02pm
3-D mammograms may be better at finding cancer than regular scans, a large study suggests, although whether that means saving more lives isn't known.

Nursing facility resolves allegations over claims

06/24/2014 4:11pm
A skilled nursing facility in northwest Iowa has agreed to pay $500,000 to resolve civil allegations against the center involving payment claims made to the government.

Missouri governor vetoes, freezes $1B of spending

06/24/2014 4:21pm
Missouri Gov. Jay Nixon vetoed or froze more than $1.1 billion in spending Tuesday, citing concerns about declining revenues and the potential for new tax breaks to drain state dollars even further.

Snyder OKs more funding for colleges, preschool

06/24/2014 4:21pm
Gov. Rick Snyder on Tuesday signed a $15.8 billion education budget that includes substantially more money for public universities and a preschool program for disadvantaged 4-year-olds, along with a more modest boost in K-12 districts' traditional per-student funding.

NY Fed chief: Puerto Rico on economic deadline

06/24/2014 4:31pm
Puerto Rico's government needs to move quickly to adopt measures to help pull the island out of a nearly decade-long economic slump, the president of New York's Federal Reserve Bank said Tuesday.

Getting Chris Brown to DC trial cost more than $4K

06/24/2014 4:51pm
He didn't fly first class and his hotels weren't five-star. Still, when singer Chris Brown was moved from a Los Angeles jail to Washington for what was to have been the start of his trial on an assault charge, the cost to taxpayers was more than $4,000.

Pennsylvania lawmakers eye 'biosimilar' approvals

06/24/2014 4:51pm
Pennsylvania state senators passed legislation to require physician approval before dispensing alternatives to patented biological medicines over the protests of insurance companies and pharmacists.

Snyder signs laws ensuring right to breastfeed

06/24/2014 4:51pm
Michigan now has a law ensuring that women have the right to breastfeed their babies in public.

Fox to own San Francisco TV station in Cox swap

06/24/2014 4:51pm
Fox is taking over San Francisco Bay Area TV station KTVU-TV in a two-station swap with Cox Media Group.

Nixon upholds vow to veto student transfer bill

06/24/2014 5:01pm
Calling it a "dangerous voucher scheme," Gov. Jay Nixon on Tuesday vetoed a measure that would allow the use of public money to pay for certain students to attend private schools.

Hachette Book Group buys Perseus

06/24/2014 5:21pm
In a three-way deal that would continue a wave of consolidation in the publishing industry, Hachette Book Group has purchased the publishing division of the Perseus Book Group, while selling Perseus' client-service business to leading distributor Ingram Content Group.

AT&T says DirecTV deal could slow price hikes

06/24/2014 5:31pm
AT&T's CEO told Congress Tuesday that his company's purchase of DirecTV will help slow increases in programming prices, but won't lead to a decrease in prices.

Early results mixed for Oregon Medicaid changes

06/24/2014 5:51pm
Still smarting from the failure of the state's online health insurance exchange, Oregon on Tuesday announced that a separate piece of Gov. John Kitzhaber's health reforms is at least partly succeeding at improving care for Medicaid patients.

Washington prepares for marijuana retail sales

06/24/2014 6:10pm
As Washington state prepares to issue the first licenses for marijuana retail stores, Gov. Jay Inslee and other state leaders on Tuesday announced a coordinated campaign to make sure pot stays out of the hands of minors once products start hitting store shelves next month.

Brown signs bill to fully fund teachers' pensions

06/24/2014 6:11pm
Gov. Jerry Brown has signed a bill creating a long-term plan to pay down California's $74 billion in unfunded teacher pension liabilities.

Judge: No-fly list violates constitutional rights

06/24/2014 6:30pm
The U.S. government offers no adequate method for people to challenge their placement on its no-fly list, a federal judge ruled Tuesday in a case involving 13 Muslims who believe they're on the list.

West readies package of sector sanctions on Russia

06/24/2014 6:50pm
The United States and its European allies are finalizing a package of sanctions on Russia's key economic sectors that could be levied as early as this week, though the penalties might be delayed because of positive signals from Russian President Vladimir Putin, administration officials and others close to the decision-making said Tuesday.

APNewsBreak: Oil train info shows heavy traffic

06/24/2014 6:50pm
Disclosures from railroads about volatile oil shipments from the Northern Plains show dozens of the trains passing weekly through Illinois and the Midwest and up to 19 a week reaching Washington state on the West Coast.

New Jersey starts review of PokerStars buyer

06/24/2014 6:51pm
New Jersey casino regulators have begun their review of a Canadian company that's buying the PokerStars online gambling website and hoping to get it licensed in Atlantic City by this fall.

NC budget negotiators meet for 1st time

06/24/2014 7:02pm
North Carolina legislators exchanged budget offers Tuesday as negotiators formally met for the first time to discuss how to reach a new government spending plan for the upcoming year that starts in one week.

15 medical professionals indicted in $25M scheme

06/24/2014 7:41pm
Fifteen doctors, pharmacists and others medical professionals in Southern California have been charged in a $25 million workers' compensation scam that prosecutors say was linked to the death of a baby.

Biden: Gay rights take precedence over culture

06/24/2014 8:10pm
Seeking to mobilize a global front against anti-gay violence and discrimination, Vice President Joe Biden declared Tuesday that protecting gay rights is a defining mark of a civilized nation and must trump national cultures and social traditions.

Sexist views dent Japan push for women's rights

06/24/2014 8:31pm
Japanese newspapers splashed front-page photos this week of a Tokyo assemblyman bowing deeply to a female colleague after admitting that he had heckled her with a sexist remark.

3 family benefits to owning your own business

06/24/2014 8:39pm
If a parent has paid employment, the universe will not always be in order. Neither will the laundry. But owning a business can benefit your family in multiple ways.

Bill Clinton defends wife's commitment to poor

06/24/2014 9:41pm
Bill Clinton defended Hillary Rodham Clinton's commitment to the poor and working Americans on Tuesday, saying his family's post-presidential wealth had not prevented the former secretary of state from understanding the economic problems of Americans.

Cigarette makers ignore Indonesia label deadline

06/24/2014 10:41pm
Tobacco companies largely ignored an Indonesian deadline to put graphic health warnings on all cigarette packs being sold, another setback for anti-smoking efforts in a country that's home to the world's highest rate of male smokers and a wild, wild west of advertising.
 
   
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