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September 16th, 2014
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Archive: (91 Stories)

BMW 2nd-quarter earnings rise by 27 percent

08/05/2014 12:20am
Luxury car maker BMW says its net earnings jumped 27.2 percent in the second quarter as an improved model mix boosted the company's profitability and sales grew worldwide.

S&P: Wealth gap is slowing US economic growth

08/05/2014 12:41am
The Standard & Poor's rating agency says the rising wealth gap in the United States is complicating the rebound from the recession, making the economy more prone to boom-bust cycles.

Toyota profit up nearly 5 percent on sales growth

08/05/2014 2:11am
Toyota Motor Corp. reported a 5 percent jump in quarterly profit Tuesday, outpacing expectations as vehicle sales grew in North America and Europe, offsetting a drop in Japan.

Here is the latest Nevada news from The Associated Press

08/05/2014 2:30am
A trial begins today in Reno for competing lawsuits between Amtrak, Union Pacific Railroad and a Nevada trucking firm over a train-truck crash that killed six people three years ago. Judge Howard McKibben said he expects it to stretch into September. Amtrak and Union Pacific Railroad have accused John Davis Trucking of Battle Mountain of negligence in its hiring. The trucking firm accuses the two rail companies of failing to provide a proper signal warning at the grade crossing on U.S. 95.

India central bank cautiously optimistic on growth

08/05/2014 3:00am
India's central bank said Tuesday it sees signs of recovery in Asia's third-largest economy even though the monsoon season, which is crucial for agriculture, had a weak start.

Media company Gannett to split newspapers off from broadcasting, digital businesses

08/05/2014 4:40am
Media company Gannett to split newspapers off from broadcasting, digital businesses.

EXCHANGE: Illinois gardener plants medical herbs

08/05/2014 4:50am
When Bethany Nagel moved with her husband, Dave, from the Chicago suburbs to rural Shannon seven years ago, she knew they would have a better life. She wanted to find fresher, healthier foods and knew a little about the benefits of buying local produce. Having an herb garden was her dream.

Portugal bank collapse hits French financial group

08/05/2014 5:01am
French bank Credit Agricole said Tuesday its second-quarter profit was nearly cut in half by the cost of writing off completely its stake in the Portuguese bank that needed a bailout this week.

German court ends Bernie Ecclestone bribery trial in exchange for $100 million payment

08/05/2014 5:10am
German court ends Bernie Ecclestone bribery trial in exchange for $100 million payment.

Eurozone recovery holding up but Ukraine looms

08/05/2014 5:20am
Further evidence emerged Tuesday that the economic recovery across Europe is gaining traction, though it remains vulnerable to an escalation in the crisis in Ukraine, which has seen sanctions on Russia ratcheted up.

CVS 2Q profit climbs 11 percent

08/05/2014 5:40am
CVS Caremark Corp. (CVS) on Tuesday reported net income that rose by 11 percent in its second quarter, and topped analysts' expectations.

Year-over-year US home prices show a slowing gain

08/05/2014 6:10am
U.S. home prices rose in June by the smallest year-over-year amount in 20 months, slowed by modest sales and more properties coming on the market.

Here is the latest Utah news from The Associated Press

08/05/2014 7:01am
Salt Lake County Mayor Ben McAdams and Utah Lt. Gov. Spencer Cox will square off in a demolition derby Saturday night. McAdams, a Democrat, challenged Cox, a Republican, to the car smashing event at the Salt Lake County Fair. McAdams told The Salt Lake Tribune that he and Cox are both trying to raise money for charity.

Year-over-year US home prices show a slowing gain

08/05/2014 7:20am
U.S. home prices rose in June by the smallest year-over-year amount in 20 months, slowed by modest sales and more properties coming on the market.

Here is the latest Nevada news from The Associated Press

08/05/2014 7:31am
Clark County firefighters say multiple people were stung and three people were taken to the hospital after two men apparently provoked a large hive of bees late yesterday. Rescuers wearing bee hoods and full protective gear used fire hoses and firefighting foam to remove the hive and clear the insects from the area near East Tropicana Avenue and Topaz Street. Police detained two men who they say threw objects at the hive.

Construction blitz in full swing around Ball State

08/05/2014 7:50am
With less than two weeks until the start of classes at Ball State University, businesses that will cater to students are racing to complete their building projects.

US stocks open lower; Target slumps on forecast

08/05/2014 8:01am
U.S. stock prices are opening lower as traders digest some mixed corporate earnings and a weak indicator on the Chinese economy.

Target lowers forecast, estimates breach costs

08/05/2014 8:01am
Target has lowered its second-quarter forecast citing the promotional discounts it had to use to attract shoppers.

Smoke reported on United flight to Pittsburgh

08/05/2014 8:01am
A United Airlines maintenance team is trying to determine what caused a report of smoke aboard a flight from Newark, New Jersey, to Pittsburgh.

US services companies expand at fastest pace in 8 years as sales, orders and hiring grow

08/05/2014 8:10am
US services companies expand at fastest pace in 8 years as sales, orders and hiring grow.

UniCredit profit up as Italian economy recovers

08/05/2014 8:11am
Italian bank UniCredit says its second-quarter profit rose 12 percent on higher fees and interest income along with lower provisions for bad loans.

Subaru recalls 5 models for air bag problem

08/05/2014 8:41am
Subaru is recalling an undetermined number of vehicles because of air bag problems that have affected much of the global auto industry.

J.R. Simplot Co. workers on strike in Grand Forks

08/05/2014 8:41am
Nearly 200 union employees have gone on strike at the J.R. Simplot Co. potato processing plant in Grand Forks after rejecting the company's contract offer.

US services firms grow at fastest pace in 8 years

08/05/2014 8:51am
U.S. services firms grew at the fastest rate in more than eight years in July, the latest sign of an economy picking up speed in the second half of the year.

Open

08/05/2014 8:51am
Early trading on the Chicago Board of Trade Tue.:

Bobcat Co. opening $28 million Bismarck center

08/05/2014 8:51am
Bobcat Co. is hoping that its new research and development facility in Bismarck will help it snatch up engineering talent from North Dakota universities.

A guide for fliers worried about Ebola outbreak

08/05/2014 8:51am
As the Ebola outbreak in West Africa grows, airlines around the globe are closely monitoring the situation but have yet to make any drastic changes. Below are some key questions about the disease, what airlines are doing and how safe it is to fly.

Here is the latest Nevada news from The Associated Press

08/05/2014 9:11am
Firefighters say multiple people were stung by bees and three people were taken to a Las Vegas hospital after two men apparently stirred up a large beehive late yesterday afternoon. Rescuers wearing hoods and full protective gear used fire hoses and firefighting foam to remove the hive and clear the bees from the area near East Tropicana Avenue and Topaz Street. Police detained two men who they say threw objects at the hive.

Dubai's Emirates halting flights to northern Iraq

08/05/2014 9:20am
The Middle East's largest airline, Emirates, said Tuesday it is halting flights to the northern Iraqi city of Irbil, as the country struggles to confront a destabilizing insurgency led by jihadist militants.

US factory orders rise 1.1 percent in June

08/05/2014 9:30am
Orders to U.S. factories increased in June, led by demand for aircraft, industrial machinery and computers and electronics.

Lobby: Govt bonus hasn't boosted Italy's economy

08/05/2014 9:30am
An Italian business lobby says that the 80 euro ($107) bonus that Premier Matteo Renzi delivered to low-wage workers hasn't boosted the economy as billed.

Judge: SIU-Carbondale owes $1.9M in back pay

08/05/2014 9:30am
Southern Illinois University officials bargained in bad faith with the Carbondale campus' unions during 2011 contract talks and owes 1,500 current and former employees $1.9 million in back pay for furlough days they were forced to take, an administrative law judge has ruled.

Putin orders Russia gov't response to sanctions

08/05/2014 9:41am
Russian President Vladimir Putin says he has ordered the government to develop measures in response to Western sanctions.

US stocks decline on mixed earnings; Target drops

08/05/2014 9:51am
U.S. stock prices are moving lower as traders digest some mixed corporate earnings and a weak indicator on the Chinese economy.

Saudi Airlines plane skids off runway in Manila

08/05/2014 10:11am
A Saudi Arabian Airlines plane swerved off the runway at Manila's international airport and became stuck in the mud as it prepared to take off Tuesday evening after a heavy rain, officials said. None of the 298 passengers was hurt, but at least 11 other flights were delayed by the blocked runway.

STOCKS IN THE SPOTLIGHT

08/05/2014 10:21am
Sales, noon price and net change of the 15 most active New York Stock Exchange issues, trading nationally.

'Gluten-free' labeling standards kick in

08/05/2014 10:21am
Starting Tuesday, "gluten free" labels on packaged foods have real meaning. Until now, the term "gluten-free" was unregulated, and manufacturers made their own decisions about what it means.

Russian tourists stranded abroad as crisis deepens

08/05/2014 10:30am
Last week, tens of thousands of Russians sunning themselves on Italian beaches and Turkish resorts received an unpleasant surprise: their tour companies had gone bust, stranding them and forcing them to pay double for a ticket to get home.

Glance: percentage of uninsured in 2013, 2014

08/05/2014 11:11am
A look at the percentage of people without health insurance in each state in 2013 and midyear 2014:

EU airline shares drop on Russian airspace report

08/05/2014 11:21am
Shares in European airlines fell Tuesday on a report that Russia is considering cutting off the country's airspace for European flights to Asia, a move that would force long and costly detours.

Poll: Obama health law is a tale of 2 Americas

08/05/2014 11:22am
President Barack Obama's health care law has become a tale of two Americas.

Ex-boss says longtime fugitive became a good man

08/05/2014 12:01pm
Before learning his friend was really Ronald Carnes, an armed robber who escaped from a North Carolina prison in 1973, Seattle businessman Carl Bryant knew him as Louie Vance, a trusted worker and confidant whom he had over for holidays and birthdays.

Poll: Americans diverge on how to pay for highways

08/05/2014 12:12pm
A majority of Americans think the economic benefits of good transportation outweigh the cost to taxpayers, but they can't agree on how to pay for new highways or repairs of old ones, according to a new Associated Press-GfKpoll.

Grocery workers rally for fired chief executive

08/05/2014 12:40pm
Thousands of workers and customers at the troubled Market Basket supermarket chain shouted "Bring him back!" Tuesday at a boisterous rally designed to pressure management to reinstate the company's fired chief executive or accept his offer to buy the New England chain.

Improving housing market luring would-be brokers

08/05/2014 12:40pm
The number of U.S. real estate agents is increasing as the housing market recovers from the Great Recession.

S&P: Wealth gap is slowing US economic growth

08/05/2014 12:50pm
Economists have long argued that a rising wealth gap has complicated the U.S. rebound from the Great Recession.

Improving housing market luring would-be brokers

08/05/2014 1:01pm
To motivate a classroom packed with 87 aspiring real estate agents, instructor Keith Grandy started off his one-week, intensive course with the promise of big money: With hard work, fresh licensees in the Miami metro area could make $100,000 a year if they complete at least two transactions per month, according to current property prices and commissions.

Appeal filed in Tenn. nuke protest case

08/05/2014 1:42pm
Defense attorneys have filed an appeal in the case of an 84-year-old nun and two other activists convicted of breaking into and defacing a storage bunker holding bomb-grade uranium in a peace demonstration at a Tennessee weapons plant.

Grain mixed, beef higher and pork lower

08/05/2014 2:01pm
Grain futures were mixed Tuesday on the Chicago Board of Trade.

Can Africa keep its economic winning streak alive?

08/05/2014 2:01pm
They export BMWs and birdseed and plenty in between. Their middle class is growing fast enough to draw the likes of Marriott and Wal-Mart. China, Europe, Japan and the United States are vying to build roads and power plants there.

Grain mixed, beef higher and pork lower

08/05/2014 2:01pm
Grain futures were mixed Tuesday on the Chicago Board of Trade.

21st Century Fox withdraws bid to buy Time Warner Inc., OKs new $6 billion stock buyback plan

08/05/2014 2:11pm
21st Century Fox withdraws bid to buy Time Warner Inc., OKs new $6 billion stock buyback plan.

Obama announces $33B in commitments for Africa

08/05/2014 2:13pm
Seeking to strengthen America's financial foothold in Africa, President Barack Obama announced $33 billion in commitments Tuesday aimed at shifting U.S. ties with Africa beyond humanitarian aid and toward more equal economic partnerships.

Stocks slide as worries about Ukraine build

08/05/2014 2:21pm
The stock market fell to its lowest point since May as traders worried that tensions between Russia and Ukraine could flare up.

Judge OKs settlement with Tenn. coal ash victims

08/05/2014 2:22pm
A federal judge has approved an agreement by the nation's largest public utility to pay $27.8 million to settle claims from Tennessee property owners who suffered damages from a huge spill of toxin-laden coal ash sludge in 2008.

Gannett splits publishing, broadcasting in two

08/05/2014 2:51pm
The game of survival is on for newspapers, as USA Today owner Gannett on Tuesday became the most recent major media entity to say it will divide its print and broadcast divisions into separate companies.

Residents: Restrict emissions at oil refineries

08/05/2014 2:52pm
Environmental advocates and residents living near oil refineries asked the U.S. Environmental Protection Agency on Tuesday to force petroleum companies to adopt stricter emissions standards and publicly release emissions data to help reduce communities' exposure to a cancer-causing chemical.

APNewsBreak: Phelps signs with new suit company

08/05/2014 3:20pm
Michael Phelps has been linked with Speedo throughout his swimming career, most notably collecting a $1 million bonus after he won a record eight gold medals at the Beijing Games.

Seattle artist sues over 'Angry Birds' pet toys

08/05/2014 3:21pm
A Seattle artist who designed a line of plush pet toys called "Angry Birds" is suing the company that sold them, saying it cheated her of millions of dollars when it reached a deal with the Finnish company that makes the insanely popular videogame of the same name.

Judge: Chesley owes $42 million in diet drug case

08/05/2014 3:31pm
A Kentucky judge has ordered a once-prominent and now disbarred class-action attorney to pay $42 million to settle allegations he improperly took too much money in a diet drug lawsuit.

Nasdaq SUMMARY

08/05/2014 3:31pm
Most active Nasdaq issues.

21st Century Fox abandons pursuit of Time Warner

08/05/2014 3:33pm
Rupert Murdoch's 21st Century Fox is abandoning its attempt to take over Time Warner in a proposed deal that would have combined two of the world's biggest media companies.

Vermont GOP leaders want health reform success

08/05/2014 4:01pm
The three top Republicans in the Vermont Legislature said Tuesday they want the state's health care exchange to succeed but state residents are fed up with the problems the system is having and more options should be considered to ensure those problems are fixed.

Here is the latest Nevada news from The Associated Press

08/05/2014 4:01pm
Lawyers for Amtrak, the Union Pacific Railroad and a Nevada trucking firm have started making their case in what's expected to be a six-week trial to determine who was to blame when a semi-truck slammed into a passenger train in a fiery crash that killed six people in 2011. The train companies' lawyer says John Davis Trucking of Battle Mountain was negligent. The trucking firm's lawyers argue Amtrak and Union Pacific failed to provide a proper signal warning.

Former NSA chief defends cybersecurity venture

08/05/2014 4:10pm
Even in an era when former officials routinely profit from business ventures linked to their public service, recently retired National Security Agency chief Keith Alexander raised eyebrows when he disclosed he is working on patents for what he calls a game-changing cybersecurity model.

Insurers launch huge health-records info exchange

08/05/2014 4:21pm
Two California insurers announced Tuesday that they are partnering for an ambitious project to establish one of the nation's largest health-information exchanges, an effort they hope will reduce duplication and improve patient outcomes.

US regulators: Banks' failure plans inadequate

08/05/2014 4:21pm
Federal regulators have told the biggest banks in the U.S. that their plans for unwinding their operations in case of failure are inadequate to prevent the sort of financial disaster that struck in 2008 and led to a massive government bailout.

'Sharknado' cuts up Nielsen ratings

08/05/2014 4:21pm
With "Sharknado" and a tight battle between NBC and CBS, the week's Nielsen ratings illustrated how that traditional measurement is becoming less of a clear picture of how people are consuming television.

Congressman's son disputes US fraud indictment

08/05/2014 5:00pm
A Philadelphia congressman's son was accused Tuesday of stealing federal funds meant for city schools, fraudulently obtaining business loans and using the ill-begotten money on lavish personal expenses, including large gambling debts.

Peru judge orders family off land claimed for mine

08/05/2014 5:00pm
A Peruvian judge has ruled in favor of the owner of Latin America's biggest gold mine and ordered a family of four to abandon land it says has always been in its possession.

Barges may sail down Mississippi by weekend

08/05/2014 5:11pm
Federal officials hope a massive effort to remove silt and sand deposits from the bed of the Mississippi River in Minnesota will have cleared a path for hundreds of tied-up barges carrying millions of dollars in cargo to resume their trips downstream over the weekend.

Obama seeks executive ways to limit tax inversions

08/05/2014 5:12pm
Aiming to sidestep a logjam in Congress, the Obama administration is looking for steps it could take on its own to prevent American companies from reincorporating overseas to shirk U.S. taxes, officials said Tuesday.

Here is the latest Nevada news from The Associated Press

08/05/2014 5:31pm
A trial began today over the semi-truck and train crash that killed six people in 2011. Lawyers for Amtrak and the Union Pacific Railroad say the truck driver is responsible for the collision at a rural crossing about 70 miles east of Reno. The trucking firm's lawyers argue Amtrak and Union Pacific failed to provide a proper signal warning. It's expected to be a six-week trial.

Report: Russian hackers steal 1.2B passwords

08/05/2014 5:31pm
Russian hackers have stolen 1.2 billion user names and passwords in a series of Internet heists affecting 420,000 websites, according to a report published Tuesday.

Trial begins in train-truck crash that killed 6

08/05/2014 5:41pm
Lawyers defending a Nevada trucking firm being sued for negligence in a fiery 2011 crash with an Amtrak train told jurors Tuesday that Union Pacific Railroad officials manipulated or destroyed evidence that would have proved a malfunctioning crossing gate and signal lights were responsible for the deaths of the truck driver and five people on board the California Zephyr.

Microsoft hires Qualcomm exec to make more deals

08/05/2014 5:41pm
Microsoft CEO Satya Nadella has lured away an executive from smartphone chip maker Qualcomm to hammer out more deals that will expand the software maker's presence in the mobile device market.

NY judge warily lets $285M Citigroup deal proceed

08/05/2014 5:41pm
A Manhattan judge begrudgingly approved a long-delayed $285 million settlement between Citigroup Inc. and government regulators Tuesday over toxic mortgage securities, but not without a parting shot at the appeals court that forced his hand.

StubHub Music app takes on Live Nation in concerts

08/05/2014 5:41pm
StubHub, the ticket reselling subsidiary of eBay Inc., is launching its StubHub Music app nationwide as it goes after core music fans in a challenge to Live Nation in the concert business.

New ads buys escalate Arkansas Senate race

08/05/2014 6:02pm
Senate Democrats' campaign arm on Tuesday began a $3.6 million ad blitz against Republican Tom Cotton as one of the longest and most intense Senate races in the nation moved toward the final stretch.

Walgreen drops on report it will keep US tax base

08/05/2014 6:02pm
Shares of Walgreen Co. fell Tuesday on media reports that the nation's largest drugstore chain will not reincorporate itself overseas — a politically touchy move that could have significantly lowered its tax bill.

Biden, African leaders talk economy, security

08/05/2014 7:50pm
Vice President Joe Biden has been talking with several African leaders on topics ranging from economic cooperation to security during the summit meeting aimed at strengthening U.S. ties with Africa.

US neutralizes 60 percent of toxic Syria chemicals

08/05/2014 8:10pm
The United States informed the U.N. Security Council on Tuesday that it has neutralized about 60 percent of Syria's most toxic chemicals.

United flight makes emergency landing in Canada

08/05/2014 8:21pm
A spokesman for the airport in Halifax, Nova Scotia, says a United Airlines Boeing 777 airliner on its way to Brussels from the U.S. has made an emergency landing after a fire on the aircraft.

General killed in Afghan attack was engineer

08/05/2014 8:50pm
Harold J. Greene, the two-star Army general who on Tuesday became the highest-ranking U.S. military officer to be killed in either of America's post-9/11 wars, was an engineer who rose through the ranks as an expert in developing and fielding the Army's war materiel. He was on his first deployment to a war zone.

2nd American aid worker with Ebola arrives in US

08/05/2014 8:51pm
An American aid worker infected with Ebola arrived Tuesday in Atlanta, joining a second patient being given an experimental treatment that has never before been tested on humans.

APNewsBreak: Trump sues to get name off casinos

08/05/2014 9:01pm
Donald Trump has a message for the two Atlantic City casinos that still bear his name, five years after he gave up anything to do with running them: You're fired.

Asia stocks fall on Russia-Ukraine concerns

08/05/2014 10:31pm
Worries over Russian troops amassing near the Ukraine border sent most Asian stock markets lower Wednesday.

United flight makes emergency landing in Canada

08/05/2014 10:31pm
A spokesman for the airport in Halifax, Nova Scotia, says a United Airlines Boeing 777 airliner on its way to Brussels from the U.S. has made an emergency landing after a fire on the aircraft.

Bangladesh ferry owner faces charges in sinking

08/05/2014 11:20pm
The ferry that capsized in Bangladesh with hundreds of people on board this week had a capacity of only 85 passengers, the country's shipping minister said Wednesday as he announced charges against the vessel's owner and five of its employees.

Samsung, Apple agree to drop lawsuits outside US

08/05/2014 11:50pm
Samsung and Apple Inc. have agreed to end all patent lawsuits between each other outside the U.S. in a step back from three years of legal hostilities between the world's two largest smartphone makers.
 
   
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