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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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Gap reports higher profit, plans India expansion

The Associated Press  |  posted Aug 21st - 3:01pm
Gap Inc. said its profit rose 10 percent in the second quarter as the clothing retailer cut expenses and managed to lift sales.
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Mexican mining firm complains about probe of spill

The Associated Press  |  posted Aug 21st - 2:31pm
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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Gov. Scott promises to raise school funding again

Gary Fineout, Christine Armario, Associated Press  |  posted 12 minutes ago
Hammered by his chief rival over cuts to school budgets, Florida Gov. Rick Scott on Thursday made an election-year promise to boost money for public schools if he's re-elected.
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Study: Wealth gap widened in the last decade

The Associated Press  |  posted 12 minutes ago
A report from the Census Bureau is the latest evidence that the rich are getting richer while the poor get poorer.
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LSU sends collection letter to hospital manager

Melinda Deslatte, Associated Press  |  posted 22 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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Home Depot says Menear will become CEO on Nov. 1

The Associated Press  |  posted 22 minutes ago
Home Depot said Thursday that Craig Menear, the president of its U.S. retail operations, will become president and CEO of the company Nov. 1.
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Markets-At-A-Glance

The Associated Press  |  posted 32 minutes ago
A snapshot of major stock and commodities market indicators Thursday:
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US housing recovery appears to be back on track

Christopher S. Rugaber, Associated Press  |  posted 32 minutes ago
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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NKorea launch pad expansion 'nearing completion'

Matthew Pennington, Associated Press  |  posted 52 minutes ago
Construction to upgrade North Korea's main rocket launch pad should be complete by this fall, allowing Pyongyang to conduct a launch by year's end if it decides to do so, a U.S. research institute said Thursday.
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Venezuela proposes fingerprinting grocery shoppers

Hannah Dreier, Associated Press  |  posted 52 minutes ago
Venezuelans could soon have to scan their fingerprints to buy bread.
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Stocks advance to put S&P 500 at a record high

Ken Sweet, Associated Press  |  posted Aug 21st - 2:51pm
The stock market advanced for a fourth straight day Thursday, pushing the Standard & Poor's 500 index to a record high.
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Lawmakers likely to borrow less for universities

Jeff Amy, Associated Press  |  posted Aug 21st - 2:51pm
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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NPRI suit seeks Tahoe-Douglas sewer pay records

The Associated Press  |  posted Aug 21st - 2:11pm
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 Aug 21st - 2:11pm
Ford is recalling more than 160,000 vehicles in North America for two safety issues.
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