U.S. stocks are wobbling Wednesday as investors continued to worry that growing costs for critical materials along with rising interest rates will affect profit growth for companies. U.S. bond yields are rising again and setting four-year highs while oil prices are at three-year highs. Stock indexes in Europe and Asia are also falling after U.S. indexes took a steep drop the day before.
The San Francisco Conservatory of Music plans to start construction this summer of a 12-floor building containing two concert halls in the city's Civic Center area and has received a $46.4 million gift from the William K. Bowes, Jr. Foundation.
The husband of an Albuquerque woman killed in a Southwest Airlines jet that blew an engine while flying said he broke the news about her death to their two children at their school, telling them: "Mommy's not coming home, guys."
Hope Yen, Zeke Miller and Ken Thomas, Associated Press | Posted
Apr 25th - 12:19pm
Ronny Jackson is fighting to salvage his imperiled nomination to be veterans affairs chief as more details emerge about accusations from his time as a top White House doctor, including repeated drunkenness and a "toxic" work environment.
Michael Kunzelman, Associated Press | Posted
Apr 25th - 12:19pm
A Louisiana private investigator was sentenced Wednesday to 18 months in prison for repeatedly trying to electronically access Donald Trump's federal tax information several weeks before the 2016 election.
Republican Mitt Romney's likely Democratic opponent in the Utah Senate race has accused the former presidential candidate of improperly gathering voter information, the latest attack from challengers who aren't letting him just cruise to victory.
U.S. media giant Comcast on Wednesday offered 22 billion pounds ($30.7 billion) for Sky PLC, topping a bid from Rupert Murdoch's 21st Century Fox and setting up a bidding war for Britain's biggest satellite television company.
Sinan Salaheddin, Associated Press | Posted
Apr 25th - 10:54am
Iraq is opening more of its untapped oil and gas resources to foreign developers, hoping to boost revenues after its costly war with the Islamic State group, but analysts say the rushed bidding process — now timed to precede national elections — could draw a lukewarm response.
Jury deliberations have begun in the federal fraud and conspiracy case against four former executives of the only financial institution to be criminally charged in connection with the federal bank bailout program.
State and local governments in Louisiana have offered an estimated $1.5 billion in incentives to persuade a Taiwanese company to locate a $9.4 billion plastics complex along the Mississippi River upstream from New Orleans, Louisiana's secretary of economic development said.