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Markets Right Now: Stocks start lower as retailers drop

The Associated Press  |  Posted   Jul 28th - 7:44am

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

Couple hugged before laying on train tracks in suicide pact

The Associated Press  |  Posted   Jul 28th - 7:44am

A conductor told investigators in Florida that he unsuccessfully tried to stop his train when he saw a couple hug and lay down on the tracks in an apparent suicide pact.

Exxon 2Q profit doubles from a year ago but misses forecasts

The Associated Press  |  Posted   Jul 28th - 7:40am

Exxon Mobil Corp. cut spending on oil exploration, helping boost earnings to $3.35 billion in the second quarter, doubling its historically low profit of a year ago.

US economy expanded at stronger 2.6 percent rate in Q2

Martin Crutsinger, Associated Press  |  Posted   Jul 28th - 7:33am

The U.S. economy revved up this spring after a weak start to the year, fueled by a surge in consumer spending. But the growth spurt still fell short of the optimistic goals President Donald Trump hopes to achieve through tax cuts and regulatory relief.

UPDATED

GOP blame-game begins after Senate sinks health care drive

Erica Werner and Alan Fram, Associated Press  |  Posted   Jul 28th - 7:33am

Republican finger-pointing commenced after the Senate's dark-of-night defeat of the GOP's flagship effort to repeal much of the Obama health care law in a startling vote that dealt a blistering blow to President Donald Trump.

Russia sanctions bill heads to Trump, Moscow retaliates

Richard Lardner, Associated Press  |  Posted   Jul 28th - 7:33am

The Senate is sending a package of stiff financial sanctions against Russia to President Donald Trump to sign after the bill received overwhelming support in Congress. Moscow has already responded, ordering a reduction in the number of U.S. diplomats in Russia and closing the U.S. embassy's recreation retreat.

Russia orders cut in US diplomats in reaction to sanctions

Nataliya Vasilyeva, Associated Press  |  Posted   Jul 28th - 7:10am

Russia's Foreign Ministry ordered a reduction in the number of U.S. diplomats in Russia on Friday and said it was closing down a U.S. recreation retreat in response to fresh sanctions against Russia.

Croatian taxis protest Uber at height of tourism season

The Associated Press  |  Posted   Jul 28th - 7:00am

Hundreds of Croatian taxi drivers protested Friday against Uber services, disrupting traffic at the height of the tourist season in the Adriatic country.

Latest fight at Illinois Capitol threatens money for schools

Sara Burnett, Associated Press  |  Posted   Jul 28th - 7:00am

Schools in Illinois could start classes in a few weeks without receiving any state money to help pay teachers, buy supplies or keep lights on, as a new front in the yearslong fight between the Republican governor and majority Democrats threatens funding for roughly 850 districts statewide.

Myanmar court agrees to speed up trial of journalists

Esther Htusan, Associated Press  |  Posted   Jul 28th - 7:00am

A court in northern Myanmar agreed Friday to expedite the trial of three journalists charged with violating a law that provides up to three years' imprisonment for people who assist groups that are deemed illegal.

Stock markets slide as tech earnings underwhelm

Kelvin Chan, Associated Press  |  Posted   Jul 28th - 6:41am

Global stocks slid on Friday as underwhelming earnings from Amazon and Twitter weighed on technology companies.

The Latest: Pakistan's ruling party asks people to stay calm

The Associated Press  |  Posted   Jul 28th - 6:41am

The Latest on developments in Pakistan (all times local):

Spanish train crashes in Barcelona station; 53 hospitalized

Joseph Wilson, Associated Press  |  Posted   Jul 28th - 6:41am

A Spanish commuter train crashed into a buffer early Friday at a station in northeastern Barcelona, tossing passengers to the floor and sending 53 people to the hospital, officials said.

US economy expanded at 2.6 percent rate in April-June period, more than doubling first quarter growth

The Associated Press  |  Posted   Jul 28th - 6:31am

US economy expanded at 2.6 percent rate in April-June period, more than doubling first quarter growth.

Strong demand helps American Airlines beat Street in 2Q

The Associated Press  |  Posted   Jul 28th - 6:31am

American Airlines' second-quarter results beat most expectations thanks to strong demand for tickets.

Court raises chances of diesel bans in German city

The Associated Press  |  Posted   Jul 28th - 6:31am

A court opened the door on Friday for possible bans on older diesel cars in the German city of Stuttgart, a major auto industry center, upholding a complaint by an environmental group.

Foxconn deals requires Wisconsin to act soon on tax breaks

Ivan Moreno and Scott Bauer, Associated Press  |  Posted   Jul 28th - 6:21am

A Rust Belt state that built a manufacturing legacy through assembly-line jobs will have to quickly transition to a more highly skilled workforce now that Foxconn has selected Wisconsin as the site of its coveted U.S. electronics plant.

eClinicalWorks Announces Strong Sales Growth, Adding Over 3,000 Providers in Second Quarter

Eclinicalworks, Associated Press  |  Posted   Jul 28th - 6:19am

contracting with small, midsize, and large enterprise clients, including FQHCs, Ambulatory Surgery Centers, and ACOs. Last week, it was announced that Medical Associates of Clinton, a 49-provider group across four locations in Iowa, selected eClinicalWorks. This growth is attributed to the ongoing strength and quality of eClinicalWorks' cloud-centric, fully integrated EHR/PM products, which offer organizations the scalability they need to accommodate growth.

The Latest: 56 injured, 1 seriously, in Spanish train crash

The Associated Press  |  Posted   Jul 28th - 6:19am

The Latest on a train crash in Barcelona (all times local):