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The Federal Aviation Administration has lifted its ban on U.S. flights in and out of Israel, which the agency had imposed out of concern for the risk of planes being hit by Hamas rockets.
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GM profit 2Q falls 85 pct. on recall costs

The Associated Press  |  posted 20 minutes ago
General Motors says second-quarter profit fell 85 percent as recall costs chopped $1.5 billion from the bottom line.
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Ford 2Q net income rises 6 percent to $1.3 billion

Dee-Ann Durbin, Associated Press  |  posted 40 minutes ago
Ford Motor Co. beat Wall Street's expectations in the second quarter as it chalked up a record profit in North America and made money in Europe for the first time in three years.
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FAA lifts ban on US flights to Tel Aviv airport

The Associated Press  |  posted Jul 24th - 4:00am
The Federal Aviation Administration has lifted its ban on U.S. flights in and out of Israel, which the agency had imposed out of concern for the risk of planes being hit by Hamas rockets.
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Lab finds no risk from bacteria at Ohio bakery

The Associated Press  |  posted 10 minutes ago
An independent lab has found that bacteria discovered at a commercial bakery in northeast Ohio poses no risk to public health.
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Ukraine worries 'set to weigh' on eurozone economy

Pan Pylas, Associated Press  |  posted 19 minutes ago
The escalating tensions in Ukraine, which have led to a sharp deterioration in relations between the West and Russia, could weigh on a modestly improving economic recovery in the 18-country eurozone.
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Breitburn buying QR Energy in $1.46 billion deal

The Associated Press  |  posted 40 minutes ago
Breitburn Energy is buying QR Energy LP in a deal worth about $1.46 billion.
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LG Electronics says 2Q profit more than doubled

Youkyung Lee, Associated Press  |  posted Jul 24th - 5:00am
LG Electronics Inc. reported a forecast-beating quarterly profit Thursday and gave an upbeat outlook for smartphone profitability as its mobile division ended a streak of losses.
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18 children, 1 man die in train-bus crash in India

Omer Farooq, Associated Press  |  posted Jul 24th - 5:00am
Eighteen children were killed Thursday when a train crashed into their school bus at an unmanned railroad crossing in southern India, police said.
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Insurers owe nearly $13.2M in refunds in Michigan

The Associated Press  |  posted Jul 24th - 4:50am
The federal government says more than 184,000 Michigan health insurance customers will benefit from nearly $13.2 million in refunds because of a provision of the nation's health care law.
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Fraud investigators quiz top Portuguese banker

The Associated Press  |  posted Jul 24th - 4:21am
Portugal's attorney general's office says prosecutors investigating a suspected tax fraud and money-laundering conspiracy have detained the former head of the country's largest bank.
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Obama wants limits on US company mergers abroad

The Associated Press  |  posted Jul 24th - 4:01am
President Barack Obama is tapping into growing misgivings about tax-driven overseas mergers by U.S. corporations, issuing a new call to end the practice quickly and questioning the patriotism and citizenship of those companies.
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European Central Bank hit by data theft

The Associated Press  |  posted Jul 24th - 3:50am
The European Central Bank said Thursday that email addresses and other contact information have been stolen from a database that serves its public website, though it stressed that no internal systems or market-sensitive data were compromised.
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Spain's Repsol sees profits jump on YPF bond gains

The Associated Press  |  posted Jul 24th - 3:30am
Spanish energy company Repsol says its second quarter net profit nearly doubled following capital gains it made from extricating itself from Argentina's YPF, which was nationalized in 2012.
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Nokia profits rise after sale of handset division

Jari Tanner, Associated Press  |  posted Jul 24th - 3:30am
Telecommunications and wireless equipment maker Nokia Corp. saw its shares surge on Thursday after it reported higher profits and an improved earnings outlook in the wake of its sale to Microsoft of its troubled handset division.
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