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Prosecutor: Chinese billionaire used bribes to build legacy

The Associated Press  |  Posted   Jul 25th - 1:11pm

A prosecutor says a Chinese billionaire bribed two United Nations ambassadors so he could make a U.N. conference center in China the "Geneva of Asia."

Republicans moving to repeal financial rule opposed by banks

Kevin Freking, Associated Press  |  Posted   Jul 25th - 1:01pm

Continuing its focus on curbing government regulations, a Republican-led House is seeking to overturn a rule that would let consumers band together to sue their banks or credit card companies rather than use an arbitrator to resolve a dispute.

US stocks back to records as corporate profits keep rising

Stan Choe, Associated Press  |  Posted   Jul 25th - 12:32pm

U.S. stock indexes returned to record heights Tuesday, as corporate profits continued to come in better than analysts expected. McDonald's and Caterpillar were among the big companies reporting healthier-than-forecast earnings.

Investigators don't know why driver wound up on rail tracks

Colleen Long, Associated Press  |  Posted   Jul 25th - 12:21pm

Federal safety investigators haven't been able to determine why the driver of an SUV drove her car into a railroad crossing and into the path of an oncoming train, causing a crash that killed six people outside New York City in 2015.

GM 2Q net earnings fall on loss from sale of European unit

Tom Krisher, Associated Press  |  Posted   Jul 25th - 12:01pm

General Motors' second-quarter net profit fell more than 40 percent as the carmaker lost money on the pending sale of its European unit and warned it still faces billions of dollars in further losses to come.

IRS sees big drop in identity theft, stolen tax refunds

Stephen Ohlemacher, Associated Press  |  Posted   Jul 25th - 12:01pm

The IRS is seeing a big drop in the number of tax refunds stolen by identity thieves after the agency teamed up with tax preparers to fight the problem, IRS Commissioner John Koskinen said Tuesday.

Jailed Volkswagen exec to plead guilty in US diesel scandal

Ed White, Associated Press  |  Posted   Jul 25th - 12:01pm

A German Volkswagen executive who has been in a Michigan jail for months plans to plead guilty in the company's U.S. emissions scandal, a court spokesman said Tuesday.

Delta flight delayed by argument between pilot, attendant

The Associated Press  |  Posted   Jul 25th - 11:51am

Delta Air Lines is apologizing after an argument between a pilot and a flight attendant delayed a flight from New York to Portland, Maine.

The Latest: NTSB details findings in probe of NY train wreck

The Associated Press  |  Posted   Jul 25th - 11:35am

The Latest on the findings on what caused a fatal commuter rail crash north of New York City in 2015. (all times local):

Snopes meets $500K crowdfunding goal amid legal battle

The Associated Press  |  Posted   Jul 25th - 11:14am

Fact-checking website has quickly met a $500,000 goal set for an online fundraiser amid a legal battle with an outside vendor that Snopes says is holding it hostage.

Ted Cruz to Utah to support Herrod's bid to replace Chaffetz

The Associated Press  |  Posted   Jul 25th - 11:14am

U.S. Sen. Ted Cruz is planning to headline a campaign rally to support a former Utah state legislator who is vying to replace Jason Chaffetz in Congress.

As McDonald's works on transforming, $1 sodas boost US sales

The Associated Press  |  Posted   Jul 25th - 11:01am

McDonald's is trying to modernize its image by rolling out delivery and promising fresh beef in Quarter Pounders. But for now, $1 sodas are helping get people in the door.

Nielsen tries to quantify the Hulu, YouTube effect

The Associated Press  |  Posted   Jul 25th - 10:55am

Nielsen, the ratings service, announced Tuesday that it will begin to tabulate how many people get their live TV from Hulu and YouTube, an effort to provide a more accurate picture of how many people now watch broadcast networks by streaming them, rather than watching them on traditional TV.

The Latest: 13 dead migrants found on boat in Mediterranean

The Associated Press  |  Posted   Jul 25th - 10:55am

The Latest on asylum seekers and refugees arriving in Europe (all times local):

Markets Right Now: Solid earnings drive US stocks higher

The Associated Press  |  Posted   Jul 25th - 10:11am

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

Greek bond issue marks milestone in recovery from bailout

The Associated Press  |  Posted   Jul 25th - 9:32am

Greece's first attempt to finance itself on bond markets since 2014 raised 3 billion euros ($3.5 billion) Tuesday from investors attracted by a high rate of return, in an encouraging sign that the country will be able to smoothly exit its bailout era next year.

BMW to build electric Mini in Oxford despite looming Brexit

The Associated Press  |  Posted   Jul 25th - 9:21am

Germany's BMW will make the electric version of its Mini compact cars at its factory in Oxford, England, a decision that comes at a time when automakers are scrutinizing investment plans due to Britain's impending departure from the European Union.

US consumer confidence rebounds

Martin Crutsinger, Associated Press  |  Posted   Jul 25th - 9:11am

U.S. consumers gained confidence this month, with more Americans pleased by current conditions and more hopeful about the future.

Ask Brianna: Should I borrow money from family and friends?

Brianna McGurran., Associated Press  |  Posted   Jul 25th - 9:08am

all the real-world stuff no one taught us how to do in college. Send your questions about postgrad life to

Investor urges Barnes & Noble to seek a sale, shares jump

The Associated Press  |  Posted   Jul 25th - 9:08am

An activist investor has bought a "meaningful" stake in Barnes & Noble Inc. and is urging the bookseller to sell itself.