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Stormy weather trailing behind a typhoon was the likely cause of a plane crash on a Taiwanese island that killed 48 people on board and injured 10 on the plane and five on the ground, the airline said Thursday.
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World shares subdued amid Russia sanctions report

Yuri Kageyama, Associated Press  |  posted Jul 24th - 2:10am
World shares were rattled Thursday by reports the European Union is weighing stiffer financial sanctions against Russia.
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Social Security's $300M IT project doesn't work

The Associated Press  |  posted Jul 24th - 1:12am
After spending nearly $300 million on a new computer system to handle disability claims, the Social Security Administration still can't get it to work. And officials can't say when it will.
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Slow public alert after ND fire raises concerns

Josh Wood, Associated Press  |  posted Jul 24th - 12:30am
Officials need to improve communication with residents of North Dakota's booming oil patch during potentially dangerous situations, an emergency manager and residents said, after an oil field service supply facility storing toxic chemicals exploded this week and authorities failed to alert the public for more than six hours.
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Nokia profits rise after sale of handset division

Jari Tanner, Associated Press  |  posted 13 minutes ago
Telecommunications and wireless equipment maker Nokia Corp. saw its shares surge on Thursday after it reported higher profits and an improved earnings outlook in the wake of its sale to Microsoft of its troubled handset division.
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UN human development report faults inequality

Elaine Kurtenbach, Associated Press  |  posted 23 minutes ago
Improvements in life spans, education and incomes are slowing due to natural disasters, misguided government policies and worsening inequality in a world where the 85 richest people have as much wealth as the 3.5 billion poorest, the United Nations said Thursday in its annual human development report.
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European Central Bank in database security breach

The Associated Press  |  posted Jul 24th - 2:30am
The European Central Bank says contact data have been stolen from a database that serves its public website, though it's stressing that no internal systems or market-sensitive data were compromised.
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12 children, man die in train-bus crash in India

The Associated Press  |  posted Jul 24th - 2:20am
Twelve children were killed Thursday when a train crashed into their school bus at an unmanned railroad crossing in southern India, police said.
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South Korea unveils stimulus after ferry sinking

Youkyung Lee, Associated Press  |  posted Jul 24th - 2:10am
South Korea's government announced a $40 billion stimulus plan Thursday after the shock of a deadly ferry sinking slowed economic growth to the lowest level in three quarters.
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Alaska tourist train halts runs after derailment

Mark Thiessen, Associated Press  |  posted Jul 24th - 2:10am
A vintage rail company that hauls hundreds of thousands of tourists every year along the route of the historic Klondike Gold Rush has suspended operations while it investigates a derailment that injured nine people.
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Spanish jobless falls as recovery gains traction

The Associated Press  |  posted Jul 24th - 1:50am
Official figures show that Spain's unemployment rate edged down to 24.5 percent in the second quarter from 25.9 percent in the previous three-month period, a further sign that the economy's recovery is gaining traction and making solid inroads into the labor market.
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Obama to talk economy amid fundraising spree

The Associated Press  |  posted Jul 24th - 1:11am
President Barack Obama wraps up a three-day fundraising trip on the West Coast on Thursday, devoting part of his day to promoting his economic agenda at a technical college.
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Hyundai Motor's 2Q profit dips due to strong won

Youkyung Lee, Associated Press  |  posted Jul 24th - 12:40am
Hyundai Motor Co. said Thursday its second quarter profit fell 7 percent as the appreciation of the South Korean won diluted its overseas earnings, offsetting a sales perk from upgrades to its Genesis luxury sedan and the Sonata family car.
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LG Electronics says 2Q profit more than doubled

Youkyung Lee, Associated Press  |  posted Jul 24th - 12:30am
LG Electronics Inc. said Thursday its quarterly profit more than doubled as its mobile division ended three quarters of losses.
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Swiss drug maker Roche posts 7 percent profit drop

The Associated Press  |  posted Jul 24th - 12:30am
Swiss drugmaker Roche Holding AG on Thursday posted a net profit drop of 7 percent compared with a year ago, weighed down by a strong Swiss franc and charges from one of its diagnostic units.
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