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Procter & Gamble 3Q net income up on cost cuts

Mae Anderson, Michelle Chapman, Associated Press  |  posted 31 minutes ago
Procter & Gamble's fiscal third-quarter net income rose 2 percent as it cut costs to offset sluggish sales in categories like beauty and family products.
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Q&A: A French economist's grim view of wealth gap

Bernard Condon, Christopher S. Rugaber, Josh Boak, Associated Press  |  posted 31 minutes ago
If you'd like to live in Downton Abbey, the good news is that our economy has entered a second Gilded Age of opulence and elegance.
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Court-ordered tobacco ads will include black media

Michael Felberbaum, Associated Press  |  posted 11 minutes ago
The nation's tobacco companies and the Justice Department are including media outlets that target more of the black community in court-ordered advertisements that say the cigarette makers lied about the dangers of smoking, according to a brief filed in U.S. District Court in Washington on Wednesday.
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First lady announcing one-stop job site for vets

Jim Kuhnhenn, Associated Press  |  posted 11 minutes ago
Aiming to streamline employment resources for people leaving the military, the government is creating an integrated website that can help job-seekers create resumes, connect with employers and become part of a database of veterans and their spouses for companies to mine for skills and talents.
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Wellness programs grow more popular with employers

Catherine Lucey, Tom Murphy, Associated Press  |  posted 11 minutes ago
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Former Fortune 500 exec indicted in fatal NH crash

The Associated Press  |  posted 21 minutes ago
A former Fortune 500 executive has been indicted on second-degree murder charges in a December crash in New Hampshire that killed a Vermont couple, including a woman who was eight months pregnant.
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US stocks edge lower after a six-day rally

Ken Sweet, Associated Press  |  posted 21 minutes ago
The stock market slipped Wednesday after rallying for six straight days as investors worked through another round of quarterly earnings reports from U.S. companies. Intuitive Surgical was among those reporting disappointed results. A worse-than-expected report on the housing market also weighed on the broader market.
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US court revives European suit vs. R.J. Reynolds

The Associated Press  |  posted 21 minutes ago
A federal appeals court has revived a lawsuit by the European Union alleging that U.S. tobacco company R.J. Reynolds sponsored cigarette smuggling in Europe.
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High court tosses $3.4M award to child porn victim

Mark Sherman, Associated Press  |  posted 21 minutes ago
The Supreme Court on Wednesday said a federal law limits how much money victims of child pornography can recover from people who viewed their images online, throwing out a nearly $3.4 million judgment in favor of a woman whose childhood rape has been widely seen on the Internet. Two dissenting justices called on Congress to change the law to benefit victims.
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How Piketty's research shaped wealth gap debate

The Associated Press  |  posted 30 minutes ago
French economist Thomas Piketty and his research partners have transformed the wealth gap debate by popularizing the concept of a financially elite 1 percent.
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Spacious new Heathrow Terminal 2 set for opening

Gregory Katz, Associated Press  |  posted 31 minutes ago
The rundown, overcrowded Terminal 2 at London's sprawling Heathrow Airport is long gone, about to be replaced by a spacious new building built to handle 20 million passengers each year.
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Brazil passes bill on Internet privacy

Stan Lehman, Associated Press  |  posted 31 minutes ago
Brazilian President Dilma Rousseff on Wednesday ratified a bill guaranteeing Internet privacy and enshrining access to the Web during a major conference in Sao Paulo on the future of Internet governance.
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Canada to phase out old rail tank cars in 3 years

Rob Gillies, Associated Press  |  posted 31 minutes ago
Canada says it will require a three-year phase out of the type of tank cars involved in the Quebec train derailment last summer that killed 47.
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Labor Dept. cuts levels of allowable coal dust

Frederic J. Frommer, Associated Press  |  posted 40 minutes ago
The Obama administration is cutting the amount of coal dust allowed in coal mines in an effort to help reduce black lung disease.
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