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Alex and Ani drops $1.2 billion suit against Bank of America

The Associated Press  |  Posted Aug 21st - 8:08am

Jewelry maker Alex and Ani has dropped its $1.2 billion discrimination lawsuit against Bank of America that had alleged "gender bias and greed."

US home sales rose 2.5% in July, aided by low mortgage rates

Josh Boak, Associated Press  |  Posted Aug 21st - 8:03am

U.S. home sales increased 2.5% in July, a sign that lower mortgage rates have produced a spurt of home-buying.

Cars still more efficient than newer SUVs

Tom Krisher, Associated Press  |  Posted Aug 21st - 8:02am

Yes, your sport utility vehicle has gotten smaller and more fuel efficient over the years. But even with those gains, SUVs still are behind cars when it comes to gas mileage.

US home sales rose 2.5% in July as falling mortgage rates help affordability

The Associated Press  |  Posted Aug 21st - 8:01am

US home sales rose 2.5% in July as falling mortgage rates help affordability.

Portugal truckers plan another strike, risking gas supplies

The Associated Press  |  Posted Aug 21st - 7:49am

Portuguese tanker truck drivers have announced a new walkout, just days after returning to work and resuming talks with employers in a pay dispute.

Markets Right Now: Stocks climb in early trading

The Associated Press  |  Posted Aug 21st - 7:43am

The latest on developments in financial markets (all times local):

North Carolina schools add e-cigs to 'no smoking' signs

The Associated Press  |  Posted Aug 21st - 7:29am

North Carolina public schools have added a picture of an electronic cigarette to their "no smoking" signs.

Dutch man suspected of illegally exporting garbage

The Associated Press  |  Posted Aug 21st - 7:25am

Dutch authorities have searched two properties and seized a company's business records in an investigation into the alleged illegal export of 12,000 metric tons of garbage.

Fans visiting 'Stranger Things' sets bring boon to business

Andrea Smith, Associated Press  |  Posted Aug 21st - 7:24am

Soon after Netflix released "Stranger Things," fans of all ages came into Bradley's Big Buy grocery store in Palmetto, Georgia, dressed like characters from the show, and wandered toward the Eggo waffles aisle, cameras in hand.

Beijing appeals to US to 'meet China halfway' on trade

The Associated Press  |  Posted Aug 21st - 7:18am

Beijing appealed to Washington on Wednesday to "meet China halfway" and end a tariff war after President Donald Trump said Americans might need to endure economic pain to achieve longer-term benefits.

France's Macron seeks to be a mediator in G-7 hard times

Sylvie Corbet, Associated Press  |  Posted Aug 21st - 6:49am

French President Emmanuel Macron hosts the G-7 summit this weekend fresh off a meeting with Russia's Vladimir Putin, hoping to maintain his image as a global mediator at a time of deep political and economic insecurity in the world and despite President Donald Trump's open disdain for multilateral talks.

Power partially restored on Greek island after chopper crash

The Associated Press  |  Posted Aug 21st - 6:41am

Greek authorities say they have restored electricity to much of the island resort of Poros, a day after a private helicopter hit its main power line and crashed into the sea, killing all three men on board.

Germany charges Russian for violating trade embargo

The Associated Press  |  Posted Aug 21st - 6:30am

Germany's federal prosecutor has charged a Russian citizen for crimes against the foreign trade law because he allegedly exported technology and chemicals to Russia that fall under an embargo.

German gov't agrees to largely abolish 'solidarity' tax

The Associated Press  |  Posted Aug 21st - 6:06am

Germany's government has agreed to largely abolish a tax designed to fund the cost of German reunification 30 years ago.

China says it will sanction US firms in Taiwan warplane sale

The Associated Press  |  Posted Aug 21st - 5:36am

China said Wednesday that it will levy sanctions against U.S. companies linked to a planned $8 billion sale of advanced F-16V fighter jets to Taiwan in a move that has further strained Sino-American relations.

Target thrives in intense retail environment

Anne D'Innocenzio, Associated Press  |  Posted Aug 21st - 4:56am

Target topped expectations in just about any way measureable during the second quarter as it pushed faster delivery for customers and invested heavily in new private label brands.

In his words: Huawei CEO says company will not be crushed

The Associated Press  |  Posted Aug 21st - 4:49am

Huawei founder and CEO Ren Zhengfei said that U.S. restrictions on access to technology would not defeat the Chinese telecom equipment maker and that the United States and Australia should hold off on buying Huawei's 5G network gear if they fear it is a security risk.

Germany seeks more active role in Arctic amid climate change

The Associated Press  |  Posted Aug 21st - 4:36am

Germany says it plans to take a more active role in Arctic affairs, citing the far north's growing ecological, political and economic significance as a result of climate change.

EU to move evacuated migrants from Italy; 350 still at sea

The Associated Press  |  Posted Aug 21st - 4:17am

Spain's Deputy Prime Minister Carmen Calvo says a navy ship will stay close to an Italian island in case a group of migrants disembarked there need to be transported to Spain in coming days.