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Japan Internet company SoftBank's profit suffers over Sprint

Yuri Kageyama, Associated Press  |  Posted  Feb 10th - 4:00am

Japanese telecommunications and Internet company SoftBank is reporting an 88 percent drop in fiscal third quarter profit as it struggles to turn around its U.S. carrier Sprint.

The Latest: Fed's Yellen in focus as market mood turns rosy

The Associated Press  |  Posted  Feb 10th - 3:50am

The latest on the turmoil afflicting global financial markets (all times local):

Debate on tax on tampons arrives in Utah

Hallie Golden, Associated Press  |  Posted  Feb 10th - 2:41am

International debate over whether to tax tampons and other feminine hygiene products has made its way to conservative Utah, where a bill is set to be heard by a committee made of only men.

In Illinois, Obama to plead for a unity that's eluded him

Josh Lederman, Associated Press  |  Posted  Feb 10th - 2:11am

Nine years ago to the day, Barack Obama stood before the Old State Capitol in Springfield and announced his run for president, declaring that "the ways of Washington must change." On Wednesday, Obama returns to the Illinois capital at the twilight of his political career, pleading once again for the type of national unity that has eluded him as president.

Senate to vote on hitting North Korea with tougher sanctions

Richard Lardner, Associated Press  |  Posted  Feb 10th - 2:10am

The Senate is considering hitting North Korea with more stringent sanctions in the wake of Pyongyang's satellite launch and technical advances that U.S. intelligence agencies say the reclusive Asian nation is making in its nuclear weapons program.

Obama vows to press ahead on Clean Power Plan after setback

Michael Biesecker and Sam Hananel, Associated Press  |  Posted  Feb 10th - 1:42am

The administration of President Barack Obama is vowing to press ahead with efforts to curtail greenhouse gas emissions after a divided Supreme Court put his signature plan to address climate change on hold until after legal challenges are resolved.

Michigan governor plans $360M for Flint, infrastructure

David Eggert, Associated Press  |  Posted  Feb 10th - 1:11am

Michigan Gov. Rick Snyder is set to propose spending $195 million more to address Flint's water crisis and another $165 million updating infrastructure, including lead water pipes, across the state.

Deutsche Bank shares soar after days of losses

The Associated Press  |  Posted  Feb 10th - 4:00am

Deutsche Bank shares have rebounded strongly after a news report that the bank may buy back some of its own bonds to strengthen its finances.

CopiahLincoln college may move to 4day class schedule

The Associated Press  |  Posted  Feb 10th - 3:50am

CopiahLincoln Community College is considering moving to a fourday class schedule.

Snyder plans university funding above when he took office

The Associated Press  |  Posted  Feb 10th - 3:40am

Gov. Rick Snyder is proposing that Michigan's 15 public universities get 4.3 percent more in state operations funding in the next fiscal year.

Destruction of Moscow kiosks sparks anger among activists

The Associated Press  |  Posted  Feb 10th - 3:20am

Russian activists and political commentators have criticized Moscow authorities over the late-night destruction of kiosks around the city.

Barber returns from injuries, cutting at a slower clip

Nick Hedrick-Star, Associated Press  |  Posted  Feb 10th - 3:10am

Zeliha Caputo was relaxing on Monday, her first day back at work, less than four months after a car accident left her with catastrophic injuries.

Montgomery votes against WVU Tech relocation agreement

The Associated Press  |  Posted  Feb 10th - 3:10am

Montgomery City Council members voted against an agreement that offers economic support from West Virginia University if the city promises not to sue over the relocation for WVU Institute of Technology from Montgomery to Beckley.

Moller-Maersk shipper posts Q4 loss of $2.5 billion

The Associated Press  |  Posted  Feb 10th - 2:30am

Hit by sharp declines in freight rates and the oil price, Danish shipping and oil group A.P. Moller-Maersk says it turned a $2.5 billion loss in the fourth quarter, a big turnaround from the previous year's profit of $189 million in the equivalent period.

Nissan quarterly profit up on healthy sales; keeps forecasts

Yuri Kageyama, Associated Press  |  Posted  Feb 10th - 2:30am

Japanese automaker Nissan reported Wednesday a 25 percent increase in fiscal third-quarter profit to 127.2 billion yen ($1.1 billion) on strong sales.

Yellen to face Congress amid uncertainty on Fed rate policy

The Associated Press  |  Posted  Feb 10th - 2:00am

Federal Reserve Chair Janet Yellen has a busy two days on Capitol Hill where lawmakers will be looking for hints about future rate hikes amid increasing economic jitters.

South Korea says it will halt operations at joint industrial park with North Korea in response to rocket launch

The Associated Press  |  Posted  Feb 10th - 1:10am

South Korea says it will halt operations at joint industrial park with North Korea in response to rocket launch.

Aussie lawmakers gifted designer watches, think they're fake

The Associated Press  |  Posted  Feb 10th - 12:50am

Australia's former prime minister and two other politicians were gifted designer watches by a Chinese businessman — but initially kept them only because they thought the 40,000 Australian dollar ($28,000) timepieces were fake, a newspaper reported Wednesday.

Colorado marijuana sales total close to $1 billion in 2015

The Associated Press  |  Posted  Feb 9th - 10:11pm

New state data shows that Colorado marijuana businesses sold nearly $1 billion in recreational and medical cannabis last year.

UN experts: North Korea continues to evade UN sanctions

Edith M. Lederer, Associated Press  |  Posted  Feb 9th - 9:51pm

U.N. experts say North Korea is continuing to evade U.N. sanctions, using airlines, ships, and the international financial system to trade in prohibited items for its nuclear and ballistic missile programs raising important questions about the sanctions regime.