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Egypt convicts top anti-corruption official of 'false news'

Brian Rohan, Associated Press  |  Posted  Jul 28th - 9:40am

An Egyptian court on Thursday convicted the country's former top anti-corruption official of "spreading false news" over a damning report he had issued, sentencing him to a year in prison that he must pay fines to avoid.

Average US 30-year mortgage rate edges up to 3.48 percent

The Associated Press  |  Posted  Jul 28th - 9:31am

Long-term U.S. mortgage rates have edged higher for a second straight week, but remain near historically low levels.

Oracle buying 'cloud' business software provider NetSuite

The Associated Press  |  Posted  Jul 28th - 9:30am

Business software maker Oracle is buying a similar company — one created by former Oracle executives — for $9.3 billion.

Vegas airport passenger count up 5.6 percent so far in 2016

The Associated Press  |  Posted  Jul 28th - 9:21am

Officials in Las Vegas are reporting another monthly increase in the number of people using McCarran International Airport in June, and say passenger traffic is up 5.6 percent for the first six months of 2016.

Standing Rock Sioux sues Corps over oil pipeline permits

The Associated Press  |  Posted  Jul 28th - 9:11am

The Standing Rock Sioux Tribe is suing federal regulators for approving permits for the Dakota Access Pipeline that will move oil from North Dakota to Illinois.

Watchdog: IMF response to European crisis "uneven"

Paul Wiseman, Associated Press  |  Posted  Jul 28th - 9:07am

The International Monetary Fund was unprepared for the debt crisis that hit Europe and was slow to push for debt relief that might have made it easier for Greece to pay its bills, an IMF watchdog says.

Debt-collection proposals: Fewer calls, easier to dispute

Ken Sweet, Associated Press  |  Posted  Jul 28th - 9:01am

Consumers could no longer receive multiple calls per day from debt collectors and would have more ability to dispute their bills under proposals released Thursday to overhaul the multibillion-dollar debt collection industry.

American Airlines plane lands safely despite engine flames

The Associated Press  |  Posted  Jul 28th - 9:01am

An American Airlines aircraft landed safely at Dallas-Fort Worth International Airport despite a dramatic discharge of flames from one of the engines.

Grain mostly lower, livestock mixed

The Associated Press  |  Posted  Jul 28th - 9:01am

Grain futures were mostly lower Thursday in early trading on the Chicago Board of Trade.

Energy firm to decide on divisive UK nuclear power plant

Sylvie Corbet, Associated Press  |  Posted  Jul 28th - 8:31am

French energy company EDF is due to decide Thursday whether to go ahead with a major nuclear power plant project in southwest England that some consider too costly, including one board member who announced his resignation.

Railroads might have to let rivals serve their customers

Josh Funk, Associated Press  |  Posted  Jul 28th - 8:30am

Freight railroads could soon be forced to allow competing railroads to serve some customers along their tracks if federal regulators approve a new rule.

British PM: Immigration control must be part of EU-UK deal

The Associated Press  |  Posted  Jul 28th - 8:30am

British Prime Minister Theresa May says any future deal on cooperation between her country and the European Union has to take into account "a clear message" from the Brexit vote over immigration control.

Abu Dhabi's Mubadala to buy 20 percent of Investcorp

The Associated Press  |  Posted  Jul 28th - 8:30am

Abu Dhabi's government-backed Mubadala Development Company has agreed to buy a 20-percent stake in Bahraini investment firm Investcorp.

Founder of Christmas Tree Shops discount retail chain dies

The Associated Press  |  Posted  Jul 28th - 8:20am

The man who founded the Christmas Tree Shops discount retail chain with a single store on Cape Cod has died. Charles Bilezikian (bihl-uh-ZIHK-ee-un) was 79.

Initial Brexit shock is hurting UK _ but sparing eurozone

Pan Pylas, Associated Press  |  Posted  Jul 28th - 8:10am

For years, Britain bragged about its economic performance, contrasting it with the neighboring eurozone, which was struggling with a series of financial crises and stagnation.

Ford's 2Q profit falls on trouble in US, China

Dee-Ann Durbin, Associated Press  |  Posted  Jul 28th - 8:10am

Ford Motor Co.'s net income fell 9 percent to $2.0 billion in the second quarter as the company struggled with flattening U.S. sales and a tougher market in China.

New York settles with Zipcar over damage fees it charged

The Associated Press  |  Posted  Jul 28th - 7:41am

New York's attorney general has reached a settlement with Zipcar Inc. over vehicle damage fees charged to 5,000 members from 2011 through 2015.

Bentley: Lottery best option for revenue in Alabama

Kim Chandler, Associated Press  |  Posted  Jul 28th - 7:20am

Alabama Gov. Robert Bentley once said state lotteries were as outdated as leisure suits, but in throwing his support to a state lottery this week he said it was the only revenue option left in the closet.

Records: 2 pollutants found in 2 Michigan water supplies

The Associated Press  |  Posted  Jul 28th - 7:00am

Pollutants that have been linked to health problems including cancer and childhood developmental issues have been found in public drinking water supplies for two Michigan communities, according to local and federal records.