News  /  Biz  / 

Markets

DJIA 21796.55 +85.54
Nasdaq 6382.19 -40.56
S&P 500 2475.42 -2.41

Most Recent

California Supreme Court ruling bolsters bullet train foes

Sudhin Thanawala, Associated Press  |  Posted   Jul 27th - 4:11pm

U.S. law does not allow state-owned rail projects to completely bypass California's strict environmental regulations, the state Supreme Court said Thursday in a decision that ensures further legal complications for the planned $64 billion bullet train between Los Angeles and San Francisco.

Polish leader says government will target media after courts

Vanessa Gera, Associated Press  |  Posted   Jul 27th - 4:01pm

The leader of Poland's ruling party said Thursday that the government intends to "decentralize" the media after it completes a "radical" overhaul of the judicial system that the European Union has denounced as violating democratic norms.

Air bag inflator ruptures, driver killed in Florida crash

Tom Krisher and Terry Spencer, Associated Press  |  Posted   Jul 27th - 4:01pm

A Florida woman has died in a crash near Tampa from injuries that may have been caused by an exploding Takata air bag inflator.

Bridge builder admits cutting cable on North Carolina coast

The Associated Press  |  Posted   Jul 27th - 4:01pm

A construction company acknowledged on Thursday that it caused a power outage across two islands on North Carolina's Outer Banks, leaving tourists stranded without air conditioning or places to eat.

Forbes: Amazon CEO Bezos was briefly the world's richest man

Anick Jesdanun, Associated Press  |  Posted   Jul 27th - 4:01pm

Amazon CEO Jeff Bezos briefly became the world's richest man Thursday in Forbes magazine's tracking of wealth, as stock in his e-commerce company hit an all-time high.

Troubled trucking firm faces scrutiny after Texas deaths

Ryan J. Foley, Associated Press  |  Posted   Jul 27th - 3:57pm

The trucking company linked to the recent deadly human smuggling case in Texas had promoted itself as an American success: a family firm whose hard-working drivers helped keep the U.S. economy running.

Analysis: Vote yes, hope no for Senate GOP on health care

Donna Cassata, Associated Press  |  Posted   Jul 27th - 3:57pm

Vote yes, hope no.

Correction: American Airlines-Labor story

The Associated Press  |  Posted   Jul 27th - 3:51pm

In a story July 26 about a protest by American Airlines employees, The Associated Press misspelled the name of a union official. The president of the Transport Workers Union is John Samuelsen, not Samuelson.

Online-shopping energizes UPS in second quarter

David Koenig, Associated Press  |  Posted   Jul 27th - 3:41pm

If you buy diapers online later this year, UPS begs you to avoid placing the order right around Thanksgiving or Christmas.

Scaramucci reports more than $50m in assets

Bernard Condon, Associated Press  |  Posted   Jul 27th - 3:41pm

He vows to be a fresh voice in the Trump administration, but in one way he is like many of the others: He is wealthy, with a vast and complicated array of assets.

Qatar says UN should play a role in resolving Gulf crisis

Edith M. Lederer, Associated Press  |  Posted   Jul 27th - 3:41pm

Qatar's foreign minister called Thursday for the United Nations to help resolve the crisis in the Persian Gulf and accused the four Arab countries that have isolated his energy-rich nation of violating international law.

Southwest reports lower 2Q profit, weak revenue outlook

David Koenig, Associated Press  |  Posted   Jul 27th - 3:41pm

Shares of Southwest Airlines fell 5 percent Thursday after the company offered a weak forecast for a key revenue figure in the third quarter.

UPDATED

Republicans strain for modest 'skinny' redo of 'Obamacare'

Erica Werner and Alan Fram, Associated Press  |  Posted   Jul 27th - 3:41pm

Battered by repeated failures to repeal or replace "Obamacare," Senate GOP leaders retreated to a narrow approach Thursday that would undo just a few of the most unpopular elements of Barack Obama's law. Democrats vowed opposition as the Senate prepared for a bizarre Capitol Hill ritual, a "vote-a-rama" on amendments that promised to last into the wee hours of Friday morning.

House GOP passes $788B bill for Pentagon, border wall

Andrew Taylor, Associated Press  |  Posted   Jul 27th - 3:41pm

The House passed a $788 billion spending bill Thursday that combines a $1.6 billion down payment for President Donald Trump's controversial border wall with Mexico with a whopping budget increase for the Pentagon.

Nokia reports loss, warns of decline in networks industry

Matti Huuhtanen, Associated Press  |  Posted   Jul 27th - 3:32pm

Nokia continued to be hit by a decline in its core networks sector in the second quarter with almost flat sales, and cautioned Thursday that a weakening in networks would be greater than previously expected.

The Latest: House passes $788B bill for military, wall

The Associated Press  |  Posted   Jul 27th - 3:32pm

The Latest on the House's $788 billion spending measure (all times local):

Airbus profits lag amid engine issues, military challenges

The Associated Press  |  Posted   Jul 27th - 3:32pm

Airbus' first-half profits took a hit amid ongoing problems with its A400M military transporter and engine problems for its A320neo, and deliveries are down though orders are on the rise.

GOP's repeal of insurance mandate could backfire

Ricardo Alonso-Zaldivar, Associated Press  |  Posted   Jul 27th - 3:32pm

Getting rid of the Affordable Care Act's highly unpopular penalty for not having health insurance could backfire on Republicans, prompting significant premium increases if it were actually to pass.

Shell preparing for world economy that shifts away from oil

Danica Kirka, Associated Press  |  Posted   Jul 27th - 3:22pm

Royal Dutch Shell is planning for the day when demand for oil starts fading as major economies move away from oil and increasingly turn to electric-powered cars, Chief Executive Ben van Beurden said Thursday.