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Samsung soars, sidestepping jailing of chief, Note 7 fiasco

Youkyung Lee, Associated Press  |  Posted   Jul 27th - 1:06am

Seemingly invincible Samsung Electronics appears set to log record annual profit this year as exploding use of data in mobile devices and the "memory supercycle" help it surmount the jailing of its de facto leader and sidestep losses from its fire-prone Galaxy Note 7s.

Oil and gas finds pump up Repsol's earnings in 1st half

The Associated Press  |  Posted   Jul 27th - 1:06am

Spanish energy company Repsol says new oil and gas findings and reforms to improve efficiency drove a 65.3-percent increase in net profit in the first half of the year.

Nestle's 1st-half profit up 19 percent, sales slightly lower

The Associated Press  |  Posted   Jul 27th - 12:54am

Swiss food giant Nestle says its first-half earnings were up 19 percent due to a one-time tax expense that impacted profit a year earlier, while sales slipped as a result of divestments and currency issues.

Royal Dutch Shell's earnings more than triple in 2Q

The Associated Press  |  Posted   Jul 27th - 12:54am

Royal Dutch Shell says second-quarter earnings more than tripled as it benefited from a cost-cutting drive and recovering oil prices.

Deutsche Bank sees profit rebound; CEO not satisfied

David McHugh, Associated Press  |  Posted   Jul 27th - 12:51am

Deutsche Bank's net profit rebounded to 466 million euros ($545 million) in the second quarter from a mere 20 million euros a year earlier as the bank presses on with a difficult long-term restructuring, the company said Thursday.

FBI arrests suspect in woman's death on Alaska cruise ship

Rachel D'Oro and Becky Bohrer, Associated Press  |  Posted   Jul 27th - 12:40am

A suspect is in custody in the death of a woman during a domestic dispute on a cruise ship in U.S. waters off Alaska, the FBI in Anchorage said late Wednesday.

State fair to open without rides after deadly malfunction

The Associated Press  |  Posted   Jul 27th - 12:33am

A state fair, where one person was killed and seven others were injured when an "aggressive thrill" ride broke apart, will be open Thursday, officials said, but the rides won't be running until they all are determined to be safe.

Nokia in continued loss with decline in networks

The Associated Press  |  Posted   Jul 27th - 12:33am

Nokia has reported a continued loss in the second quarter with almost flat sales, mainly caused by a 5 percent decline in its core networks business.

Transgender Chinese man says he's won job bias lawsuit

The Associated Press  |  Posted   Jul 26th - 11:40pm

A Chinese court has ruled that a transgender man was unjustly dismissed by a former employer, the plaintiff said Thursday, in the country's first such discrimination lawsuit.

Ford Mustang, slumping in US, is still a global hit

Dee-Ann Durbin, Associated Press  |  Posted   Jul 26th - 11:40pm

On any given day this summer, you might find 97-year-old Lennart Ribring driving his 2016 Ford Mustang GT on a winding road near his home in Sweden. Or you might see Chris Fitzpatrick polishing his 1967 Mustang convertible in Auckland, New Zealand. Guo Xin might be working on a Mustang in his car repair shop in Beijing, while in England, a happy bride and groom drive off in a Mustang GT California Special.

Asian shares gain on strong earnings, dovish Fed policy

Elaine Kurtenbach, Associated Press  |  Posted   Jul 26th - 11:12pm

Asian shares were mostly higher Thursday, supported by strong corporate earnings and the Federal Reserve's decision to pause its slow-moving campaign to raise interest rates.

The Latest: FBI: Suspect in custody in cruise ship death

The Associated Press  |  Posted   Jul 26th - 10:32pm

The Latest on the death of a woman from a domestic dispute aboard a cruise ship (all times local):

AP Exclusive: Boy Scouts chief expected a fiery Trump speech

David Crary, Associated Press  |  Posted   Jul 26th - 9:41pm

The Boy Scouts of America anticipated President Donald Trump would spark controversy with a politically tinged speech at its national jamboree in West Virginia but felt obliged to invite him out of respect for his office, its leader said Wednesday in his first public comments on the furor over Trump's remarks.

N. Korea mysteriously nixes beer fest, but unveils new brew

Eric Talmadge, Associated Press  |  Posted   Jul 26th - 9:26pm

North Korea has suddenly canceled a popular monthlong beer festival, but people won't be going thirsty in a country where brews are cheap and carry the ruling family's seal of approval.

New York eyes textalyzer to bust drivers using cellphones

David Klepper, Associated Press  |  Posted   Jul 26th - 8:31pm

Police in New York state may soon have a high-tech way of catching texting drivers: a device known as a textalyzer that allows an officer to quickly check if a cellphone has been in use before a crash.

House, Senate Republicans reach deal to move sanctions bill

Richard Lardner, Associated Press  |  Posted   Jul 26th - 8:31pm

House and Senate Republicans have worked out a deal to move quickly on a package of new financial sanctions against Russia, Iran and North Korea, clearing the way for Congress to send the far-reaching legislation to President Donald Trump.

The Latest: Gore slams trump's military transgender ban

The Associated Press  |  Posted   Jul 26th - 8:11pm

The Latest on President Donald Trump's decision to bar transgender people from serving in the military (all times local):

The Latest: New sanctions bill ready for Senate approval

The Associated Press  |  Posted   Jul 26th - 8:11pm

The Latest on House passage of legislation placing additional sanctions on Russia (all times local):

Police: Stabbing on Boston Common leaves 2 injured

The Associated Press  |  Posted   Jul 26th - 6:31pm

Boston police say two people have been wounded, one critically, in a stabbing at a popular downtown public park.

At hacker summit, a new focus on preventing brazen attacks

Matt O'Brien, Associated Press  |  Posted   Jul 26th - 6:21pm

Against a backdrop of cyberattacks that amount to full-fledged sabotage, Facebook chief security officer Alex Stamos brought a sobering message to the hackers and security experts assembled at the Black Hat conference in Las Vegas. In effect, he said, it's time to grow up.