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Markets Right Now: Stocks open slightly lower on Wall Street

The Associated Press  |  Posted  Oct 25th - 7:50am

The latest on developments in global financial markets (all times local):

High court steps into fight on Vanderbilts' Breakers mansion

The Associated Press  |  Posted  Oct 25th - 7:40am

The Rhode Island Supreme Court is hearing arguments in a fight that has pitted dozens of members of the Vanderbilt family against a nonprofit that owns several Gilded Age mansions in Newport.

Police: Gunman kills 1, himself, in workplace shooting

The Associated Press  |  Posted  Oct 25th - 7:40am

Police say a man fatally shot someone and wounded several others inside a rail car manufacturing company in Virginia before apparently killing himself.

Restaurant firing workers, cleaning after 'unsanitary' video

The Associated Press  |  Posted  Oct 25th - 7:40am

A Philadelphia fast-food restaurant says workers will be fired after a Facebook video shows them joking about having sex and spitting in customers' food, among other unsanitary acts.

US home prices rose in August, lifted by dwindling supply

Christopher S. Rugaber, Associated Press  |  Posted  Oct 25th - 7:21am

U.S. home prices climbed at a solid pace in August as more home buyers competed for fewer available properties.

Obama health plan hit by double-digit premium hikes

Ricardo Alonso-Zaldivar, Associated Press  |  Posted  Oct 25th - 7:21am

Premiums will go up sharply next year under President Barack Obama's health care law, and many consumers will be down to just one insurer, the administration confirmed Monday. That's sure to stoke another "Obamacare" controversy days before a presidential election.

AP EXPLAINS: How tiny Wallonia can hijack the EU-Canada deal

Raf Casert, Associated Press  |  Posted  Oct 25th - 7:20am

It's a serious case of the tail wagging the dog.

Caterpillar stung by global economic funk

The Associated Press  |  Posted  Oct 25th - 7:12am

Caterpillar's third-quarter profit was essentially cut in half with the global economy stuck in a funk, and the company said that it expects that malaise to extend into next year.

Small radioactive leak at Norwegian nuclear reactor

The Associated Press  |  Posted  Oct 25th - 7:11am

Norwegian authorities say there has been a small leak of radioactive iodine at a nuclear reactor in Halden, in southern Norway.

Chinese firm says it did all it could ahead of cyberattack

Gerry Shih, Associated Press  |  Posted  Oct 25th - 7:11am

A Chinese electronics maker that has recalled millions of products sold in the U.S. said Tuesday it did all it could to prevent a massive cyberattack that briefly blocked access to websites including Twitter and Netflix.

Tokyo festival produces heartwarming trilogy of Asian films

Yuri Kageyama, Associated Press  |  Posted  Oct 25th - 7:00am

Cannes-winning Brillante Mendoza is among the three directors tapped by the Tokyo International Film Festival to create "Reflections," a trilogy that depicts the intertwining of stories among Asian nations.

IMF praises Pakistan for completing 3-year program

The Associated Press  |  Posted  Oct 25th - 6:30am

The head of the International Monetary Fund has praised Pakistan for "successfully completing" a three-year program under which Islamabad received $6.7 billion after signing a bailout package with the fund amid fears of default.

Beer run! Self-driving truck goes 120-plus miles on delivery

The Associated Press  |  Posted  Oct 25th - 6:30am

Anheuser-Busch says it has completed the world's first commercial shipment by self-driving truck, sending a beer-filled tractor-trailer on a journey of more than 120 miles through Colorado.

GM reports record 3Q earnings despite slowing US sales

Tom Krisher, Associated Press  |  Posted  Oct 25th - 6:20am

General Motors reported a record third-quarter profit that doubled results in the same period a year ago, despite falling sales and market share in the U.S.

Best Buy Unveils Annual Holiday "Top Tech" List

Best Buy, Associated Press  |  Posted  Oct 25th - 6:11am

the 20 must-have technology products — just in time to get a head start on holiday shopping.

Procter & Gamble's 1Q performance tops Street's view

The Associated Press  |  Posted  Oct 25th - 6:10am

Procter & Gamble Co.'s fiscal first-quarter results beat Wall Street's view as it controlled expenses and saw solid sales growth in its health care segment.

Fiat Chrysler raises earnings forecasts after Q3 results

The Associated Press  |  Posted  Oct 25th - 6:10am

Fiat Chrysler Automobiles increased its earnings forecast after returning to a profit in the third quarter, driven by strong results in North America.

UK government wants to expand Heathrow airport, razing homes

Danica Kirka, Associated Press  |  Posted  Oct 25th - 6:00am

Britain's government gave the go-ahead Tuesday to build a new runway at London's Heathrow airport despite concerns about air pollution, noise and the destruction of homes in the capital's densely populated western neighborhoods.

Merck beats Street 3Q forecasts, hikes 2016 profit forecast

The Associated Press  |  Posted  Oct 25th - 5:51am

Higher sales of vaccines and prescription medicines for cancer and other diseases helped Merck & Co. post a 20 percent jump in third-quarter profit, easily beating Wall Street expectations.