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Samsung's profit exceeds expectation thanks to memory chips

Youkyung Lee, Associated Press  |  Posted   Apr 25th - 7:47pm

Samsung Electronics Co. reported Thursday better-than-expected quarterly financial results as global data centers continued to fuel robust demand for its mainstay memory chips that posted another record-high quarterly profit.

ConocoPhillips wins $2 billion arbitration against Venezuela

The Associated Press  |  Posted   Apr 25th - 6:45pm

ConocoPhillips said Wednesday that it won a $2 billion arbitration award against Venezuela's state oil company, compounding the financial woes of the socialist-run nation as it struggles to feed its population.

Paramount chair says 'A Quiet Place' sequel in the works

Lindsey Bahr, Associated Press  |  Posted   Apr 25th - 6:19pm

"A Quiet Place" is getting a sequel.

E. coli outbreak linked to romaine lettuce grows to 84 cases

Terry Tang, Associated Press  |  Posted   Apr 25th - 6:15pm

The E. coli outbreak linked to tainted romaine lettuce has grown and sickened 84 people from 19 states, U.S. health officials said Wednesday.

Puerto Rico rejects labor reform measure from control board

The Associated Press  |  Posted   Apr 25th - 5:57pm

Government officials on Wednesday rejected a labor reform measure that a federal control board overseeing Puerto Rico's finances submitted to the local legislature.

Ford promises more savings as 1Q earnings rise 9 percent

Tom Krisher, Associated Press  |  Posted   Apr 25th - 5:41pm

Ford Motor Co. said Wednesday it will shed most of its North American car lineup as part of broad plan to save money and make the company more competitive in a fast-changing marketplace.

DeLorean widow sues for 'Back to the Future' payments

David Porter, Associated Press  |  Posted   Apr 25th - 4:55pm

The widow of maverick automaker John DeLorean has alleged in a lawsuit that a Texas company illegally received money from the "Back to the Future" movies that used his iconic car.

Caesars Entertainment plans to manage hotel in Baja, Mexico

The Associated Press  |  Posted   Apr 25th - 4:40pm

The Caesars Entertainment Corp. casino company says it plans to build a beachfront non-casino hotel in the Mexican city of Puerto Los Cabos.

New Chipotle CEO plans menu 'tweaks,' and maybe drive-thrus

Joseph Pisani, Associated Press  |  Posted   Apr 25th - 4:29pm

The new CEO at Chipotle plans to make "simple menu tweaks," redesign its restaurants and expand its delivery service in the coming months.

The Latest: Waffle House suspect feared computer hack

The Associated Press  |  Posted   Apr 25th - 4:23pm

The Latest on a shooting at Tennessee restaurant that left four dead (all times local):

Regulators say LendingClub failed to properly disclose fees

The Associated Press  |  Posted   Apr 25th - 3:51pm

Federal regulators say LendingClub failed to properly disclose fees on loans that it advertised as having "no hidden fees," but the company disputes that.

San Francisco Conservatory of Music to build new facility

The Associated Press  |  Posted   Apr 25th - 3:43pm

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.

Officials: 2 teens stabbed waiting for Philadelphia subway

The Associated Press  |  Posted   Apr 25th - 3:42pm

Two 17-year-old boys were stabbed waiting for a subway train after school in Philadelphia, and police say they're in critical condition.

Visa 2Q profits jump, helped by more spending on its network

Ken Sweet, Associated Press  |  Posted   Apr 25th - 3:39pm

Payment processing giant Visa on Wednesday reported a sharp jump in its fiscal second-quarter profits from a year earlier on Wednesday, as more shoppers spent money on Visa's network across all its major markets.

Jury deliberations begin in fraud trial of bank executives

Randall Chase, Associated Press  |  Posted   Apr 25th - 3:11pm

After a six-week trial, jurors began deliberating Wednesday in the 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.

Mothballed reactors: Fight over South Carolina utility fees

Jeffrey Collins, Associated Press  |  Posted   Apr 25th - 3:03pm

The South Carolina House on Wednesday insisted a utility cut its rate by 18 percent to eliminate a fee customers are paying for two nuclear plants that were abandoned before generating a watt of power.

Facebook advertisers shrug off its privacy scandal

Mae Anderson, Associated Press  |  Posted   Apr 25th - 3:01pm

Facebook's troubles with Russian election meddlers , "fake news " and misused data have dominated headlines globally.

Stocks close mixed; Dow industrials end a losing streak

Marley Jay, Associated Press  |  Posted   Apr 25th - 2:59pm

A late round of buying erased early losses on Wall Street, leaving major indexes mixed at the close of trading. Bigger companies managed to eke out modest gains, while smaller companies mostly fell.

Edwards Lifesciences, General Dynamics slip; Comcast rises

The Associated Press  |  Posted   Apr 25th - 2:44pm

Stocks that moved substantially or traded heavily Wednesday:

AP FACT CHECK: Romney didn't illegally gather voter info

Brady McCombs, Associated Press  |  Posted   Apr 25th - 2:27pm

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.