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Portugal's Espirito Santo family business survived wars, dictatorship, revolution and family feuds for almost 150 years. Now, one of Europe's last banking dynasties is being stripped of its wealth and influence amid accounting irregularities, huge unreported debts, record losses at the family bank and a police investigation.
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Terror threats at chemical plants underestimated

Hope Yen, Associated Press  |  posted 44 minutes ago
The government is underestimating the threat of a chemical attack on America's densely populated cities and has failed to inspect virtually all of the chemical facilities that it considers particularly vulnerable to terrorists, congressional investigators say.
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Ratings agency: Argentina in 'selective default'

The Associated Press  |  posted 44 minutes ago
Standard & Poor's says some Argentine bonds are in 'selective default' in what could be the start of a wave of downgrades amid a standoff between the South American country and some creditors.
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House approves VA health care overhaul

Matthew Daly, Associated Press  |  posted 44 minutes ago
The House overwhelmingly approved a landmark bill Wednesday to refurbish the Veterans Affairs Department and improve veterans' health care.
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Obama order to expand labor rights for contractors

Josh Lederman, Associated Press  |  posted 4 minutes ago
President Barack Obama is preparing to sign an executive order cracking down on labor violations by companies that contract with the federal government.
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Report: Jet hit unlisted pole in fatal Ga. crash

The Associated Press  |  posted 4 minutes ago
A private jet hit a utility pole that wasn't listed on aeronautical charts before running into trees and bursting into flames last February, killing a Georgia vascular surgeon and four colleagues, federal investigators said in a report released Wednesday.
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New 'know your customer' rules proposed for banks

The Associated Press  |  posted 13 minutes ago
The U.S. government is proposing new rules for banks and other financial firms aimed at preventing the use of anonymous companies to launder illicit profits.
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Nasdaq SUMMARY

The Associated Press  |  posted 14 minutes ago
Most active Nasdaq issues.
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Boeing will handle final assembly of 787-10 in SC

The Associated Press  |  posted 14 minutes ago
Boeing said final assembly of its 787-10 plane, a planned larger version of its "Dreamliner" aircraft, will take place in South Carolina.
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Nasdaq SUMMARY

The Associated Press  |  posted 23 minutes ago
Most active Nasdaq issues.
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Here is the latest Idaho news from The Associated Press

The Associated Press  |  posted 23 minutes ago
For the first time in more than 20 years, Idaho lands officials are considering increasing how much ranchers pay to graze on state lands. The Times-News reports that Idaho's grazing fees are lower than neighboring states and the state hasn't updated its fee formula since 1993. Ranchers say an increase might push them to graze on federal land.
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Markets-At-A-Glance

The Associated Press  |  posted 24 minutes ago
A snapshot of major stock and commodities market indicators Wednesday:
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Correction: Exxon Mobil-Gay Rights story

The Associated Press  |  posted 24 minutes ago
In a story July 22 about new federal anti-discrimination rules, The Associated Press reported erroneously the value of Exxon Mobil Corp. shares held by investors who supported amending the company's equal employment opportunity statement. The New York state comptroller said the investors' shares are worth about $51.4 billion, not $41.5 billion.
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Judge says Crystal CEO should testify in lawsuit

Dave Kolpack, Associated Press  |  posted 24 minutes ago
A federal judge says American Crystal Sugar Co. CEO David Berg should testify in a federal lawsuit pitting the refined sugar manufacturer against the corn syrup industry.
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Argentina officials stage 11th-hour talks in NYC

Claudia Torrens, Associated Press  |  posted 33 minutes ago
Argentina's economy minister led a last-gasp effort Wednesday to strike a deal with U.S. creditors that would prevent the South American country from slipping into default.
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