A year after filing for bankruptcy, Detroit is building momentum to get out, especially after workers and retirees voted in favor of major pension changes just a few weeks before a judge holds a crucial trial that could end the largest public filing in U.S. history.
Martin Crutsinger, Associated Press | posted 43 minutes ago
U.S. consumer prices rose in June at a slightly slower pace than in May with two-thirds of the June advance driven by the largest jump in gasoline prices in a year.
The Associated Press | posted 53 minutes ago
Marlboro maker Altria Group posted flat second-quarter earnings Tuesday as higher prices helped to offset decline in the number of cigarettes it sold.
The Associated Press | posted Jul 22nd - 5:20am
French President Francois Hollande is defending plans to deliver a warship to Russia, despite calls for a European arms embargo against Moscow over the fighting in Ukraine.
The Associated Press | posted 12 minutes ago
Contract talks are continuing but Christus St. Vincent Regional Medical Center says it's preparing to keep operating in the event of a possible strike by nurses and technicians at the Santa Fe hospital.
The Associated Press | posted 13 minutes ago
U.S. stock futures pointed higher early Tuesday as more corporate earnings rolled in. Shares in the restaurant chain Chipotle and the cable company Comcast surged after they reported results that were better than Wall Street expected.
The Associated Press | posted 33 minutes ago
A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concerns of possible listeria contamination.
Peter Svensson, Associated Press | posted 43 minutes ago
Verizon reported Tuesday that its second-quarter earnings nearly doubled after it secured full ownership of Verizon Wireless.
The Associated Press | posted Jul 22nd - 6:40am
US consumer prices up 0.3 percent in June, reflecting biggest jump in gasoline in 12 months.
The Associated Press | posted Jul 22nd - 6:12am
Saudi Arabia's Cabinet has approved opening the country's stock market to foreign investors next year.
The Associated Press | posted Jul 22nd - 6:01am
Credit Suisse, Switzerland's second-biggest bank, posted a second-quarter net loss of 700 million Swiss francs ($779 million) Tuesday after paying the largest penalty ever imposed in a U.S. criminal tax case.
The Associated Press | posted Jul 22nd - 5:32am
Comcast Corp.'s second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated.
The Associated Press | posted Jul 22nd - 5:30am
CIT Group will buy privately owned OneWest Bank in a $3.4 billion cash-and-stock deal.
Jung-Yoon Choi, Associated Press | posted Jul 22nd - 5:20am
Two passenger trains collided head-on in eastern South Korea on Tuesday, killing one passenger and injuring dozens, officials said.
The Associated Press | posted Jul 22nd - 4:20am
China's airline regulator has warned travelers to expect flight delays at 12 airports through mid-August, and an airport employee said military exercises are the reason.
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