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Russian wanted in US caught in Greece for money laundering

Costas Kantouris, Associated Press  |  Posted   Jul 26th - 7:16am

A Russian man wanted in the United States on suspicion of masterminding a money laundering operation involving at least $4 billion through bitcoin transactions was ordered held in custody in Greece on Wednesday until a U.S. extradition request can be examined.

Tax break approved for Tyler Perry's plane outside Atlanta

The Associated Press  |  Posted   Jul 26th - 7:16am

A tax break worth nearly $2 million was recently approved for a plane owned by one of filmmaker Tyler Perry's companies in Georgia.

Wasserman-Schultz fires IT staffer following fraud arrest

The Associated Press  |  Posted   Jul 26th - 6:59am

Rep. Debbie Wasserman Schultz has fired an information technology staffer following his arrest on a bank fraud charge at a Virginia airport where he was attempting to fly to Pakistan.

Coca-Cola's 2Q profit hurt by charge, but still tops Street

The Associated Press  |  Posted   Jul 26th - 6:40am

Coca-Cola's profit tumbled in the second quarter, hampered in part by charges related to the refranchising of its North American business. But adjusted results still topped most expectations as higher pricing offset flat sales volume from a year ago.

Nintendo records quarterly profit on Switch sales success

Yuri Kageyama, Associated Press  |  Posted   Jul 26th - 6:30am

Japanese video-game maker Nintendo Co. has reversed into profit for the April-June quarter from losses the previous year, boosted by the popularity of its Switch hybrid game machine.

Ford's second quarter profit swells on tax changes

Dee-Ann Durbin, Associated Press  |  Posted   Jul 26th - 6:20am

Ford Motor Co. had a better-than-expected second quarter despite lower sales and upheaval in its executive ranks.

Global stocks rise on corporate earnings, ahead of Fed

Kelvin Chan, Associated Press  |  Posted   Jul 26th - 6:12am

World stock markets rose Wednesday, lifted by generally positive corporate earnings and as investors kept a cautious eye on the Fed's upcoming interest rate decision.

Boeing beats 2Q profit forecasts

The Associated Press  |  Posted   Jul 26th - 6:10am

Boeing is reporting second-quarter net income of $1.76 billion, after suffering a loss a year earlier.

Germany to examine US-Russia sanctions package

The Associated Press  |  Posted   Jul 26th - 6:10am

Germany says it will examine a new package of U.S. sanctions against Russia approved by the House of Representatives amid concerns that the measures could affect European businesses.

The Latest: EU official raps US House over sanctions bill

The Associated Press  |  Posted   Jul 26th - 5:50am

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

The Latest: Trump blasts Murkowski on health care vote

The Associated Press  |  Posted   Jul 26th - 5:38am

The Latest on the effort by congressional Republicans to pass a health care bill (all times local):

Italian bank says 400,000 loan account details hacked

The Associated Press  |  Posted   Jul 26th - 4:40am

The accounts of some 400,000 customers at Italy's largest bank have been hacked, with the loss of data on personal loans, but not account passwords.

Britain's economy stuck in low gear amid Brexit concerns

Danica Kirka, Associated Press  |  Posted   Jul 26th - 4:15am

Britain's economy hobbled along in the second quarter, barely recovering from a weak start to the year as industrial production and construction flagged amid uncertainties over the country's exit from the European Union.

Trump: Liberation from 'Obamacare nightmare' is close

Vivian Salama, Associated Press  |  Posted   Jul 26th - 4:05am

Celebrating a slim but symbolic health-care win in Washington, President Donald Trump told supporters in Ohio that the nation was one step closer to liberation from the "Obamacare nightmare."

Chainsaw attack suspect was armed, but didn't resist arrest

The Associated Press  |  Posted   Jul 26th - 3:40am

The suspect in a chainsaw attack on a health insurer's office in Switzerland was carrying a bag with two crossbows when he was detained, but didn't resist arrest, police and prosecutors said Wednesday.

Strike by oil tanker owners causes fuel shortage in Pakistan

The Associated Press  |  Posted   Jul 26th - 3:23am

A strike by oil tanker operators has created a shortage of petroleum products in Pakistan, causing panic among people who are lining up at gas stations to make bulk purchases of petrol and diesel.

UK's Boris Johnson welcomes Australian tech entrepreneurs

The Associated Press  |  Posted   Jul 26th - 2:40am

British Foreign Secretary Boris Johnson assured concerned Australian tech entrepreneurs on Wednesday that they will be welcome to continue working in his country after it leaves the European Union.

Sri Lanka deploys army to distribute fuel during strike

Bharatha Mallawarachi, Associated Press  |  Posted   Jul 26th - 2:30am

Sri Lanka's government deployed army troops on Wednesday to restore fuel distribution crippled during a strike launched by trade unions who want to stop leases of oil tanks to India and China.

Senate health care debate could be suspenseful and raucous

Andrew Taylor and Stephen Ohlemacher, Associated Press  |  Posted   Jul 26th - 2:10am

The Senate's days-long debate on health care features a dynamic that's relatively rare on Capitol Hill.

Vote shows GOP's problems in replacing Obama health law

Alan Fram, Associated Press  |  Posted   Jul 26th - 2:10am

Where the Senate Republican effort to demolish the Obama health care law ends up is anyone's guess, but early indications are the GOP will have a hard time replacing that statute with any sweeping changes.