News  /  Biz  / 

Markets

DJIA 24,886.81 52.40
NASDAQ 7,425.96 47.50
S&P500 2,733.29 98.73

Most Recent

Georgia jury awards $1 billion after guard rapes teen

Kate Brumback, Associated Press  |  Posted   May 23rd - 1:52pm

A Georgia jury has awarded an eye-popping $1 billion verdict against a security company after an apartment complex guard was convicted of raping a 14-year-old girl.

CBS renews NAI fight, seeks court approval of dilution vote

Randall Chase, Associated Press  |  Posted   May 23rd - 1:50pm

CBS Corp. asked a Delaware judge on Wednesday to bless a move by its board to dilute the stock voting power of its controlling shareholder, the latest step in an ongoing legal battle for control of the mass media company.

Turkish central bank raises key rate and helps lift currency

Suzan Fraser, Associated Press  |  Posted   May 23rd - 1:22pm

Under pressure to act, Turkey's central bank sharply raised its key lending rate Wednesday to try to stem an outflow of capital from the country, control inflation and support the beleaguered currency.

Maker of candy hearts and Necco Wafers is up for grabs

William J. Kole, Associated Press  |  Posted   May 23rd - 1:18pm

The 171-year-old candy maker known for its chalky Necco Wafers and those little inscribed hearts that are everywhere on Valentine's Day is up for grabs in bankruptcy court.

Lucrative baby eel fishery shut down over illegal sales

The Associated Press  |  Posted   May 23rd - 1:11pm

Authorities in Maine say they're shutting down the state's highly lucrative baby eel fishery early this year due to concerns about illegal sales.

Stocks are mixed after Fed minutes and Europe worries

Marley Jay, Associated Press  |  Posted   May 23rd - 1:00pm

U.S. stocks are paring their losses Wednesday as the investors feel the Federal Reserve isn't in a hurry to raise interest rates too quickly. Retailers and health care and technology companies are up. Bond yields and interest rates are down as investors worry about the European economy after a measure of business activity in the region fell to an 18-month low in May.

High hopes but tough road for black woman in governor's race

Ben Nadler and Russ Bynum, Associated Press  |  Posted   May 23rd - 12:56pm

She's a Yale-educated attorney and a romance novelist who served a decade in the Georgia Legislature. Now Stacey Abrams has gained a shot at becoming the first black woman elected governor in U.S. history.

Fed minutes: Another rate hike likely 'soon'

Martin Crutsinger, Associated Press  |  Posted   May 23rd - 12:54pm

Federal Reserve officials earlier this month suggested that another rate hike was on the way soon, while also noting several risks facing the economy from rising wage pressures to potential harm from administration trade policies.

Spain PM gets budget backing in test of separatist strength

Aritz Parra, Associated Press  |  Posted   May 23rd - 12:48pm

The Spanish parliament narrowly passed a new national budget Wednesday, giving the government of Prime Minister Mariano Rajoy some breathing space as it combats the continuing secession drive in Catalonia.

Vegas workers' vote to authorize strike pressures casinos

Regina Garcia Cano, Associated Press  |  Posted   May 23rd - 12:32pm

Las Vegas casinos could watch tens of thousands of employees walk off the job for the first time in more than three decades after union members voted to authorize a strike at any time starting June 1, a move that could cripple the city's world-famous resorts.

FDA warns teething medicines unsafe, wants them off shelves

Matthew Perrone, Associated Press  |  Posted   May 23rd - 12:29pm

Federal health officials warned parents Wednesday about the dangers of teething remedies that contain a popular numbing ingredient and asked manufacturers to stop selling their products intended for babies and toddlers.

US tech firm: Possible cyberattack on Ukraine being prepared

Frank Bajak and Raphael Satter, Associated Press  |  Posted   May 23rd - 12:27pm

Network technology company Cisco Systems said Wednesday that a half a million routers had been compromised in preparation for what could be a major cyberattack against Ukraine, raising the specter of large-scale disruption timed to the upcoming Champions League soccer final there.

Makeup artist to disguise witnesses in Mafia boss trial

The Associated Press  |  Posted   May 23rd - 12:23pm

Two government witnesses in the trial of former New England Mafia boss Francis "Cadillac Frank" Salemme will be disguised by a "movie-industry" quality makeup artist to protect their identities.

Wyoming courts tech behind cryptocurrency to entice business

Mead Gruver, Associated Press  |  Posted   May 23rd - 12:08pm

Block Chain Gang LLC, Crypto Cowboy, Something Something Blockchain LLC: Based on the names of dozens of new companies registering to set up shop in Wyoming, the state's effort to lure the latest tech craze appears to be paying off.

Trump predicts auto workers will be 'very happy' on NAFTA

Ken Thomas, Associated Press  |  Posted   May 23rd - 12:04pm

President Donald Trump predicted Wednesday that U.S. automakers and auto workers would be "very happy" with the outcome of talks over the North American Free Trade Agreement, which have stalled amid a dispute over rules for car production.

Zinke heckled as he pitches government, industry cooperation

Blake Nicholson, Associated Press  |  Posted   May 23rd - 12:02pm

Interior Secretary Ryan Zinke faced protests and a heckler Wednesday as he delivered a message of government cooperation at a large energy industry conference in North Dakota.

Comcast v. Disney: a fight for Twenty-First Century Fox

Mae Anderson, Associated Press  |  Posted   May 23rd - 11:57am

Comcast and Disney are on the verge of a head-to-head bidding war for Fox's entertainment properties.

The Latest: Premier-designate confirms Italy's place in EU

The Associated Press  |  Posted   May 23rd - 11:54am

The Latest on discussions to form a new government in Italy (all times local):

Target's bright spot: robust customer traffic

Anne D'Innocenzio, Associated Press  |  Posted   May 23rd - 11:49am

Target proved itself one of the few retailers that saw more customers both at its stores and online, though its investment in stores and delivery operations hurt first-quarter profit.