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Archive: (88 Stories)

Iran triples trade envoys abroad to boost commerce

05/05/2014 12:10am
A senior Iranian trade official says Tehran will almost triple the number of commercial attaches in its embassies abroad to boost trade ties.

California city looks to sea for water in drought

05/05/2014 1:21am
This seaside city thought it had the perfect solution the last time California withered in a severe drought more than two decades ago: Tap the ocean to turn salty seawater to fresh water.

Schools seek changes to healthier lunch rules

05/05/2014 2:40am
Becky Domokos-Bays of Alexandria City Public Schools has served her students whole-grain pasta 20 times. Each time, she said, they rejected it.

South Korea changing maritime rules after sinking

05/05/2014 2:40am
The South Korean government is scrambling to fix what the prime minister calls the "deep-rooted evils" that contributed to last month's ferry sinking, which left more than 300 people dead or missing.

Schools seek changes to healthier lunch rules

05/05/2014 2:40am
Becky Domokos-Bays of Alexandria City Public Schools has served her students whole-grain pasta 20 times. Each time, she said, they rejected it.

Panel to consider Evansville medical campus money

05/05/2014 4:10am
A state commission is scheduled to vote on whether to spend $2 million on planning for Indiana University's proposed new medical school campus in downtown Evansville.

China manufacturing shrinks for 4th month

05/05/2014 4:40am
China's manufacturing contracted in April for the fourth straight month but the pace of decline was less severe, suggesting the downturn in the world's No. 2 economy is bottoming out.

China refuses Vietnam's call to stop oil drilling

05/05/2014 5:10am
Vietnam demanded China stop oil drilling operations in a disputed patch of the South China Sea, saying on Monday that Beijing's decision to deploy a deep sea rig over the weekend was illegal.

EU expects recovery to lower unemployment faster

05/05/2014 5:30am
The ongoing economic recovery across Europe should help unemployment fall faster than previously expected, according to a new EU forecast released Monday.

Pfizer 1Q profit drops 15 pct due to lower sales

05/05/2014 6:00am
The drugmaker Pfizer says its first-quarter profit dropped 15 percent due to cheaper generic competition that continues to reduce sales of its multiple medicines and the end of some partnerships with other drug makers.

Warren Buffett praises General Motors' new CEO

05/05/2014 6:00am
Investor Warren Buffett says General Motors' new CEO would do a great job running any business, and she is the best person to handle the company's recall problems.

More bodies recovered, cargo workers arrested

05/05/2014 6:00am
Better weather and calmer ocean currents have helped divers recover more bodies from the sunken South Korean ferry. The bodies of 12 more passengers were found today, raising the death toll to 260, with 42 people still missing.

Target CEO Gregg Steinhafel resigns as fallout from massive data breach goes on

05/05/2014 6:00am
Target CEO Gregg Steinhafel resigns as fallout from massive data breach goes on.

Dunkin' Donuts readies to do battle in Europe

05/05/2014 6:02am
The doughnut, that classic deep-fried American snack, is going forth to do battle with European national treats in their homelands: the Belgian waffle, the Austrian strudel and the Danish ... Danish.

Germany dubious on investor rules in US trade pact

05/05/2014 7:21am
Germany's vice chancellor is underlining doubts about the need for new investment rules in a proposed European Union-U.S. trade deal — a thorny issue in the talks.

Correction: Obit-Becker story

05/05/2014 7:21am
In a story May 4 about the death of Nobel Laureate Gary Becker, The Associated Press incorrectly spelled the name of the president of the University of Chicago. His name is Robert Zimmer.

Buffett says he has no worries about his successor

05/05/2014 7:30am
Billionaire Warren Buffett says he's confident that the man who eventually succeeds him as Berkshire Hathaway's chief executive will have the right skills for the job.

Manufacturing slowdown in China pulls stocks lower

05/05/2014 8:00am
Signs of weakness in China's economy and some disappointing corporate earnings are dragging the stock market lower in early trading.

VMI board approves tuition, fee increases

05/05/2014 8:00am
Cadets at Virginia Military Institute will pay higher tuition and fees for the academic year that begins in August.

Sotheby's reaches deal with activist investor Loeb

05/05/2014 8:00am
Auction house Sotheby's says it agreed to expand its board to add directors from activist investor Daniel Loeb's slate.

US mine safety officials address recent fatalities

05/05/2014 8:00am
Federal mine safety officials are gathering near the nation's capital to discuss a recent increase in fatal accidents at U.S. mines.

US service sector expands more quickly in April as new orders, sales jump

05/05/2014 8:11am
US service sector expands more quickly in April as new orders, sales jump.

Singer Allman sues to stop movie after train crash

05/05/2014 9:11am
Singer Gregg Allman has filed a lawsuit to stop movie producers from reviving a film based on his life story after a freight train plowed into crew members shooting on train tracks in southeast Georgia, killing one worker and injuring six others.

AP IMPACT: Deadly side effect to fracking boom

05/05/2014 9:31am
Booming production of oil and natural gas has exacted a little-known price on some of the nation's roads, contributing to a spike in traffic fatalities in states where many streets and highways are choked with large trucks and heavy drilling equipment.

Court takes up dispute over cell phone towers

05/05/2014 9:41am
The Supreme Court is taking up a dispute over what kind of explanation local officials must provide when denying an application to build a cell phone tower.

Contractor strikes oil at Indiana State campus

05/05/2014 10:01am
A contractor has struck oil at Indiana State University's campus, but it could be a while before school officials know how much it is worth.

US stocks drift on conflicting economic news

05/05/2014 10:01am
Stocks are little changed in midday trading as investors sort through conflicting economic news from the U.S. and China.

US service firms grow at fastest pace since August

05/05/2014 10:03am
U.S. service firms grew last month at the fastest pace since August as new orders and sales grew, adding to evidence that the economy is picking up after a slow start to the year.

STOCKS IN THE SPOTLIGHT

05/05/2014 10:21am
Sales, noon price and net change of the 15 most active New York Stock Exchange issues, trading nationally.

AP IMPACT: Fracking boom contributes to more traffic, deaths on some US roads

05/05/2014 10:31am
Booming production of oil and natural is contributing to a spike in traffic fatalities in states where many streets and highways are now choked with large trucks and heavy drilling equipment.

Kurt Cobain memorial park benches up for auction

05/05/2014 10:31am
Two benches that became an unofficial memorial to Kurt Cobain after the grunge rock singer killed himself 20 years ago are up for sale.

Court rules for gov't in mortgage fraud case

05/05/2014 11:01am
The Supreme Court has clarified how restitution must be computed in mortgage fraud cases.

US official to Europe to discuss Russia sanctions

05/05/2014 11:10am
Treasury Undersecretary David Cohen is heading to Europe this week to discuss plans for a possible third round of sanctions against Russia for its incursion into neighboring Ukraine.

BC-BOT Table,1st Ld

05/05/2014 11:21am
Noon trading on the Chicago Board of Trade Mon.:

Germany: EU deal on finance levy within reach

05/05/2014 11:22am
A group of 11 European Union nations will reach an agreement soon on introducing a financial transaction tax, Germany's finance minister said Monday.

Affinity Gaming reports payment system was hacked

05/05/2014 12:01pm
A Las Vegas company that owns casinos in four states says its system for processing credit and debit card information has been hacked.

1,000 ounces of gold recovered from sunken ship

05/05/2014 12:20pm
An expedition to bring back the remaining gold from a steamship that sank in 1857 off South Carolina in one of the nation's worst maritime disasters has recovered almost 1,000 ounces of gold - the first gold recovered from the wreck in almost a quarter century.

1,000 ounces of gold recovered from sunken ship

05/05/2014 12:31pm
An expedition to bring back the remaining gold from a steamship that sank in 1857 off South Carolina in one of the nation's worst maritime disasters has recovered almost 1,000 ounces of gold - the first gold recovered from the wreck in almost a quarter century.

Schools seek changes to healthier lunch rules

05/05/2014 12:42pm
Becky Domokos-Bays of Alexandria City Public Schools has served her students whole-grain pasta 20 times. Each time, she said, they rejected it.

AP IMPACT: Deadly side effect to fracking boom

05/05/2014 1:11pm
Booming production of oil and natural gas has exacted a little-known price on some of the nation's roads, contributing to a spike in traffic fatalities in states where many streets and highways are choked with large trucks and heavy drilling equipment.

House GOP budget spares weapons, military benefits

05/05/2014 1:11pm
House Republicans spare aircraft, bases and personnel benefits from defense budget cuts by chipping away at money the Pentagon spends in preparing the military for war.

Close

05/05/2014 1:21pm
Futures trading on the Chicago Board of Trade Mon.:

Mayor: Will U of I med school plan hurt tax base?

05/05/2014 1:31pm
A proposal to open a new medical school at the University of Illinois' flagship campus has the mayor of Urbana worried it could cost the town property taxes.

Critics denounce nomination to education board

05/05/2014 1:40pm
Gov. Maggie Hassan's nomination of longtime education activist Bill Duncan to the New Hampshire Board of Education is drawing fire from supporters of charter schools and an education tax credit law.

Amazon introduces Twitter service

05/05/2014 1:42pm
Amazon wants to make shopping online as easy as a tweet.

Airlines collecting less money for bag fees

05/05/2014 1:51pm
Airlines are taking in less money from bag fees than they did two years ago, but they are making up for it by adding charges for a slew of extras, including getting a decent seat.

Buffett defends how he runs Berkshire Hathaway

05/05/2014 1:51pm
Warren Buffett remains confident in the long-term future of his company, and on Monday he again defended the quiet way he handled his objections to Coca-Cola's compensation plan.

Coke to drop controversial ingredient entirely

05/05/2014 2:11pm
Coca-Cola says it will drop a controversial ingredient from all its drinks that contain it, not just Powerade.

Close

05/05/2014 2:11pm
Futures trading on the Chicago Board of Trade Mon.:

Grain mostly higher, beef lower and pork higher

05/05/2014 2:11pm
Grain futures were mostly higher Monday on the Chicago Board of Trade.

Cancer treatment pricy but spending is moderating

05/05/2014 2:11pm
Astronomical prices for breakthrough new cancer drugs are pushing up treatment costs for patients as well as insurers, making it tougher for patients to complete lengthy therapy at a time when it's increasingly effective.

Stocks edge higher as US service sector improves

05/05/2014 2:11pm
Stocks are closing slightly higher as enthusiasm about an improving U.S. service sector outweighed concerns about China.

Target's CEO is out in wake of big security breach

05/05/2014 2:31pm
Target's CEO has become the first boss of a major corporation to lose his job over a breach of customer data, showing how responsibility for computer security now reaches right to the top.

2016 campaign checklist: Perry

05/05/2014 2:41pm
A look at Texas Gov. Rick Perry's preparations for a potential 2016 presidential campaign:

'Spider-Man 2' swings into theaters with $91.6M

05/05/2014 2:51pm
"The Amazing Spider-Man 2" swung into North American theaters with a $91.6 million debut, kicking off Hollywood's summer season.

Stocks edge higher; US service sector improves

05/05/2014 2:51pm
Worries from overseas held back the stock market on Monday.

Tour operators challenge licensing in court

05/05/2014 3:01pm
Skeptical judges on a federal appeals court on Monday questioned why the nation's capital requires that tour guides be licensed by the local government.

Second GM engineering exec retires in recall wake

05/05/2014 3:02pm
Another high-ranking General Motors engineer is leaving the company in the wake of its delayed recall of small cars with faulty ignition switches.

AP ENTERPRISE: US to unleash IRS on Russian banks

05/05/2014 3:11pm
As the United States attempts to punish Russia for its actions in Ukraine, the Treasury Department is deploying an economic weapon that could prove more costly than sanctions: the Internal Revenue Service.

Mexico anti-poverty fund draws line at 3 children

05/05/2014 3:31pm
The head of Mexico's anti-poverty program drew criticism Monday after she warned Indian mothers that government aid programs would help support only their first three children.

8 miners died in accidents Jan. to March 2014

05/05/2014 3:31pm
The U.S. Mine Safety and Health Administration is reporting that eight miners died in mine accidents in the first three months of 2014, three in coal mining accidents and the rest in metal and other mines.

Markets-At-A-Glance

05/05/2014 3:31pm
A snapshot of major stock and commodities market indicators Monday:

Rising African cachet poses choice for US ties

05/05/2014 3:41pm
Traveling from lush green hilltops to hot dusty roads and seaside ports, U.S. Secretary of State John Kerry asked African nations last week to make a choice: Choose democracy. Embrace economic stability. Reject violence, and move people into the modern world.

Pro-voucher group wants judge to back off order

05/05/2014 3:41pm
Supporters of a private school tuition voucher program asked a federal judge Monday to cancel his April order requiring that Louisiana provide regular reports on the program to federal officials.

Detroit expecting $195M lump sum from Michigan

05/05/2014 3:41pm
Detroit is counting on a lump sum of $194.8 million from the state to shore up pensions and prevent the sale of valuable art as it tries to emerge from bankruptcy later this year, the city said Monday.

'Gravity' director: Mexico should debate energy

05/05/2014 3:41pm
Oscar-winning director Alfonso Cuaron published another full-page newspaper ad in Mexican newspapers on Monday asking the president for a series of public debates on reforms to the country's state-owned oil industry.

Argentina uses boxing match to spot tax dodgers

05/05/2014 3:50pm
Argentina's tax agency says it used a boxing match in Las Vegas to identify 17 tax evaders.

Advanced placement: Oregon boosting test aid

05/05/2014 4:01pm
The state of Oregon plans to expand subsidies for high-school students taking advanced placement exams that can allow them to skip introductory college courses.

Report: Washington tuition among fastest growing

05/05/2014 4:10pm
A national report shows tuition at Washington's public universities increased more during the recession than in any state except Arizona, but still doesn't approach the highest public university tuition in the nation.

Pipeline backers, opponents jockey ahead of vote

05/05/2014 4:41pm
Supporters and opponents of the long-delayed Keystone XL oil pipeline jockeyed for position ahead of an expected Senate vote on legislation authorizing immediate construction of the project.

1st US MERS patient could leave hospital soon

05/05/2014 4:41pm
Health officials said Monday they expect the first patient in the United States diagnosed with a mysterious virus from the Middle East to be released soon from a hospital, though he could continue to be isolated at home.

Marijuana changes advance in Colorado Legislature

05/05/2014 5:01pm
Colorado lawmakers neared agreement Monday on a series of marijuana spending and regulation plans, all modest proposals compared with last year's splashy set of pot bills to regulate the state's new industry.

Brunei's new laws affect sultan's Hollywood ties

05/05/2014 5:12pm
Hollywood is responding to harsh new laws in the tiny Southeast Asia nation of Brunei by boycotting the Beverly Hills Hotel.

Haiti raises minimum wage for apparel workers

05/05/2014 5:20pm
Haiti raised slightly its minimum wage for the estimated 29,000 workers who sew together T-shirts and other clothing in the country's apparel factories.

Miami looks beyond beaches, bikinis to tech

05/05/2014 5:31pm
Famed for its beaches, cruises and cafecitos, South Florida is now angling to become one of the nation's next tech hot spots by leveraging its role as the gateway to Latin America and luring northern entrepreneurs with cheap living costs and lots of sun.

Coke, Pepsi dropping 'BVO' from all drinks

05/05/2014 6:01pm
Coca-Cola and PepsiCo said Monday they're working to remove a controversial ingredient from all their drinks, including Mountain Dew, Fanta and Powerade.

Brewer signs bill easing scholarship rules

05/05/2014 6:10pm
Arizona Gov. Jan Brewer has signed a bill that would remove a key requirement for students who want to participate in the state's scholarship tuition organization program.

Interstate 15 in Hesperia closes after bridge fire

05/05/2014 6:11pm
Caltrans is urging motorists to avoid a stretch of Interstate 15 after after a fire destroyed an under-construction bridge near the Cajon Pass and closed all lanes to traffic.

Billionaire Adelson talks at UNLV about success

05/05/2014 6:21pm
Casino mogul Sheldon Adelson urged students to challenge the status quo, made a moral case against online gambling and extolled Republican virtues during a talk about leadership Monday at the University of Nevada, Las Vegas.

Fire contained at Colorado power plant; 1 injured

05/05/2014 7:01pm
A blaze at an aging coal-fired power plant in Colorado Springs on Monday challenged firefighters, shut down the facility and forced the city's utilities department to turn to a backup plant to restore power to thousands of customers.

Panel wrestles with New Jersey school funding

05/05/2014 7:20pm
Amid another budget crunch, New Jersey lawmakers are wrestling with a question of fairness: Is it better to give more state aid to school districts with the greatest need, or to use the state's subsidy to help all schools equally?

Civilian diver dies in South Korea ferry searches

05/05/2014 9:05pm
A civilian diver involved in searches for dozens of missing people from the South Korean ferry disaster died Tuesday, as other divers helped by better weather and easing ocean currents were picking up efforts to retrieve more bodies from the sunken ship.

Asian stocks muted despite strong US data

05/05/2014 9:31pm
Asian stocks were kept in check Tuesday as improvement in U.S. service industries competed with concern about disappointing Chinese manufacturing and anxiety over Ukraine.

Airliner engine failure closes Australian airport

05/05/2014 9:31pm
An explosive engine failure on a Vietnamese airliner showered fiery debris across a runway at Australia's second busiest airport on Tuesday, preventing planes landing and taking off for 40 minutes, an official said.

I-15 closes NE of Los Angeles after bridge fire

05/05/2014 9:50pm
Interstate 15 in Hesperia is expected to remain closed in both directions for up to two days after a fire was accidentally ignited by a worker at a bridge construction site Monday.

Cancer treatment pricy but spending is moderating

05/05/2014 10:11pm
Very high prices for breakthrough new cancer drugs are pushing up costs for patients, making it tougher for them to complete treatment.

New Zealand offers cash for move to quake city

05/05/2014 11:10pm
Unemployed New Zealanders are being offered cash by the government to move to the earthquake-damaged city of Christchurch and join in the rebuilding effort.

China tightens controls on imports of baby formula

05/05/2014 11:10pm
China has tightened controls on imports of infant formula in a move an industry official in New Zealand, a major supplier, said might block some products.