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Archive: (20 Stories)

Futures fall sharply as US careens toward shutdown

09/30/2013 5:43am
U.S. stock futures are falling sharply as the federal government careens toward a partial shutdown.

Vista Equity buying Active Network for $904.8M

09/30/2013 6:19am
Active Network Inc., a provider of cloud-based services, is being taken private for about $904.8 million by private equity firm Vista Equity Partners.

Rosneft sets price for remaining TNK-BP shares

09/30/2013 6:42am
Russian state-controlled oil company Rosneft has set a price for buying out minority shareholders in TNK-BP that is far less than the majority shareholders received.

Brookfield Property seeks to buy Brookfield Office

09/30/2013 7:33am
Brookfield Property Partners is offering to buy Brookfield Office Properties for about $5 billion in cash and stock.

IKEA starts selling solar panels for homes

09/30/2013 8:48am
Swedish flat-pack furniture giant IKEA will start selling residential solar panels at its stores in Britain, the first step in its plan to bring renewable energy to the mainstream market worldwide.

Airlines promise a return to civility, for a fee

09/30/2013 9:40am
Airlines are introducing a new bevy of fees, but this time passengers might actually like them.

Correction: IPO Preview story

09/30/2013 10:22am
In a story Sept. 27 about upcoming IPOs, The Associated Press erroneously reported the ticker symbol for Empire State Realty Trust Inc. It should be "ESRT."

American Airlines plans to hire 1,500 pilots

09/30/2013 10:58am
American Airlines says it will hire 1,500 new pilots over the next five years and offer jobs to the remaining pilots who are still furloughed.

Philip Morris buys $625M Arab Investors-TA stake

09/30/2013 11:01am
Cigarette seller Philip Morris International is buying a 49 percent stake in Arab Investors-TA for $625 million.

Delta picks Microsoft for pilot tablets

09/30/2013 11:11am
Delta Air Lines says it will buy 11,000 Microsoft Surface 2 tablets for its pilots, to replace the heavy bundles of books and maps they haul around now.

FDA approves first pre-surgical breast cancer drug

09/30/2013 12:12pm
A biotech drug from Roche has become the first medicine approved to treat breast cancer before surgery, offering an earlier approach against one of the deadliest forms of the disease.

Global study: World not ready for aging population

09/30/2013 1:45pm
The world is aging so fast that most countries are not prepared to support their swelling numbers of elderly people, according to a global study going out Tuesday by the United Nations and an elder rights group.

Corn falls to lowest in more than 3 years

09/30/2013 2:01pm
Corn is falling to its lowest in more than three years after a U.S. government estimate of corn stocks came in higher than traders had anticipated.

Labor: No plans to issue jobs data during shutdown

09/30/2013 2:11pm
The Labor Department has no plans to release the closely watched U.S. monthly jobs report on Friday in case of a partial government shutdown that lasts through the week.

Corn falls to lowest in more than 3 years

09/30/2013 2:44pm
The price of corn fell to its lowest in more than three years after a U.S. government estimate of corn stocks came in higher than traders had anticipated.

Under fire, 'Obamacare' going live _ with glitches

09/30/2013 3:21pm
Contentious from its conception, President Barack Obama's health care law has survived the Supreme Court, a battle for the White House and rounds of budget brinkmanship. Now comes the ultimate test: the verdict of the American people.

Homework involved to apply for health insurance

09/30/2013 3:22pm
Getting covered under President Barack Obama's health care law might take you more than one sitting. In a media preview Monday, it felt like a cross between doing your taxes and making an important purchase that requires research.

St. Louis eyes rival Chicago over ADM decision

09/30/2013 3:22pm
At opposite ends of Illinois, St. Louis and Chicago have famously parried for more than a century: St. Louis snatched the 1904 Olympics even after Chicago had been named the host city, and the disdain between St. Louis Cardinals and Chicago Cubs fans fuels one of baseball's biggest rivalries.

Wells settles with Freddie on mortgage claims

09/30/2013 5:34pm
Wells Fargo & Co. has agreed to an $869 million settlement with Freddie Mac over claims on home loans it sold to the government-controlled mortgage finance company.

Moving company to pay $450K in discrimination settlement

09/30/2013 9:39pm
A moving and storage company will pay $450,000 in what federal regulators say is the largest settlement for a national origin discrimination case in Utah.