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Bank of America's record $16.65 billion settlement for its role in selling shoddy mortgage bonds — $7 billion of it geared for consumer relief — offers a glint of hope for desperate homeowners.
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Mexican mining firm complains about probe of spill

The Associated Press  |  posted 31 minutes ago
A mining conglomerate charged Thursday that it is being subjected to "punitive" legal actions by Mexican officials because one of its mines spilled acid-laced copper sulfate and heavy metals into two rivers.
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Gap beats Street 2Q forecasts

The Associated Press  |  posted 31 minutes ago
Gap Inc. (GPS) on Thursday reported fiscal second-quarter net income of $332 million.
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S&P 500 closes at a record; Hewlett-Packard gains

The Associated Press  |  posted 51 minutes ago
Another round of buying on the stock market is sending the Standard & Poor's 500 index to its latest record high.
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Lawmakers likely to borrow less for universities

Jeff Amy, Associated Press  |  posted 10 minutes ago
Mississippi's public universities are likely to have less money to spend on capital projects in the state's 2016 budget year, under projections the universities agreed to with lawmakers in 2013.
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NY judge scolds Argentina, but no contempt order

Larry Neumeister, Associated Press  |  posted 11 minutes ago
A U.S. judge says Argentina's announced plans to evade his orders by failing to make required payments to U.S. bondholders is illegal and cannot be carried out.
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NKorea launch pad expansion 'nearing completion'

The Associated Press  |  posted 11 minutes ago
A U.S. research institute says construction to upgrade North Korea's main rocket launch pad should be completed by fall, allowing Pyongyang (pyuhng-yahng) to conduct a launch by year's end if it decides to do so.
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Home Depot says Menear will become CEO on Nov. 1

The Associated Press  |  posted 19 minutes ago
Home Depot says Craig Menear, the president of its U.S. retail operations, will become president and CEO of the company Nov. 1.
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LSU sends collection letter to hospital manager

Melinda Deslatte, Associated Press  |  posted 31 minutes ago
LSU sent a collection letter this week to the research foundation running its hospitals in Monroe and Shreveport, saying the foundation owes the university system $25.3 million and accusing it of using LSU like its "personal piggy bank."
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Venezuela proposes fingerprinting shoppers

The Associated Press  |  posted 41 minutes ago
Venezuelans soon may need to have their fingerprints scanned before they can buy bread.
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NPRI suit seeks Tahoe-Douglas sewer pay records

The Associated Press  |  posted 51 minutes ago
A conservative Nevada think tank that argues many government employees are overpaid is suing the Tahoe Douglas Sewer Improvement District to try to force the release of the district's employee salary records.
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Ford recalling more than 160,000 vehicles

The Associated Press  |  posted 51 minutes ago
Ford is recalling more than 160,000 vehicles in North America for two safety issues.
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US housing recovery appears to be back on track

Christopher S. Rugaber, Associated Press  |  posted Aug 21st - 1:41pm
A fourth straight monthly increase in sales of existing homes provided the latest evidence Thursday that the U.S. housing market is rebounding from a weak start to the year.
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Grain higher, beef mixed, pork higher

The Associated Press  |  posted Aug 21st - 1:30pm
Grain futures were mostly higher Thursday on the Chicago Board of Trade.
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Grain higher, beef mixed, pork higher

The Associated Press  |  posted Aug 21st - 1:30pm
Grain futures were mostly higher Thursday on the Chicago Board of Trade.
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