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Archive: (73 Stories)

Malaysia Airlines says changes route for planes

07/18/2014 1:03am
Malaysia Airlines says that in the wake of the shooting down of one of its passenger jets over Ukraine, it has changed the route it planes will take on flights to and from Europe.

Ericsson sees $394 million second-quarter profit

07/18/2014 2:10am
Wireless equipment maker Ericsson says second-quarter profit rose 76 percent to 2.7 billion kronor ($394 million) mainly due to higher margins on its premium products, lower restructuring charges and improved overall efficiency.

Volvo sees Q2 profit up 21 percent, sales flat

07/18/2014 3:10am
Swedish truck maker AB Volvo says profit in the second quarter jumped 21 percent on the back of cost savings, efficiency schemes and streamlined production.

Thailand's ousted PM says she won't flee charges

07/18/2014 3:41am
Thailand's former Prime Minister Yingluck Shinawatra said Friday she will fight charges related to her ousted government's rice subsidy program, vowing to return home after a planned trip overseas.

Double disasters taint Malaysia Airlines

07/18/2014 4:01am
Hit by two astonishing tragedies in quick succession, the Malaysia Airlines brand may become the airline industry's equivalent of asbestos or News of the World: toxic to the public and, experts say, impossible to redeem.

US drugmaker AbbVie has reached a cash-stock agreement to buy British counterpart Shire

07/18/2014 4:21am
US drugmaker AbbVie has reached a cash-stock agreement to buy British counterpart Shire.

Houston considers alternatives on airport birds

07/18/2014 5:00am
Houston city officials will review how wildlife that can threaten aircraft safety are controlled at airports after the poisoning deaths of hundreds of birds.

GE targets late July for credit card IPO

07/18/2014 5:20am
General Electric is targeting late July for the initial public offering of its credit card business, named Synchrony Financial.

Axed Nokia X phones suffered from lack of identity

07/18/2014 6:00am
The Nokia X phones that Microsoft discontinued this week blend two rival operating systems, but leave out the best of each.

GE 2Q profit jumps 13 pct on aviation, oil and gas

07/18/2014 6:31am
General Electric's net income rose 13 percent in the second quarter on strong performance from its aviation and oil and gas divisions.

Marijuana edibles burgeoning into US industry

07/18/2014 6:41am
Marijuana edibles and infused products such as snack bars, olive oils and tinctures have flourished into a gourmet market of chocolate truffles, whoopie pies and hard candies as Colorado and Washington state legalized the recreational use of pot in the past year.

Jefferson Davis teachers, workers to get raises

07/18/2014 6:50am
Public school teachers and support workers in Jefferson Davis Parish will see pay raises under a proposal approved by the school board.

US stock futures edge up as companies post results

07/18/2014 7:00am
U.S. stock futures are creeping up Friday as General Electric, Google and other big companies report quarterly results.

China's clout on show with BRICS bank formation

07/18/2014 7:10am
A developing nation version of the World Bank was formally agreed this week two years after India proposed the idea to Brazil, Russia, China and South Africa. Yet even as the five governments hailed its formation, there were questions about whether four of them might simply be paying to move from U.S. financial hegemony to dominance by another economic superpower: China.

Kia recalls nearly 52,000 Souls to fix steering

07/18/2014 7:30am
Kia is recalling nearly 52,000 Soul small SUVs to fix a problem that can cause steering failure.

US stocks rise as companies post results

07/18/2014 8:01am
U.S. stocks are opening higher after Google, Honeywell and other big companies report their quarterly results.

AP NewsBreak: Obama approves sonic cannons, opening US Eastern Seaboard to oil exploration

07/18/2014 8:10am
AP NewsBreak: Obama approves sonic cannons, opening US Eastern Seaboard to oil exploration.


07/18/2014 8:51am
Early trading on the Chicago Board of Trade Fri.:

Marijuana edibles burgeoning into an industry

07/18/2014 8:52am
Move over, pot brownies.

Grain mixed, livestock mostly higher

07/18/2014 9:01am
Grain futures were Mixed Friday in early trading on the Chicago Board of Trade.

Gauge of US economy rises 0.3 percent in June

07/18/2014 9:01am
A gauge designed to predict the economy's future health increased in June for a fifth consecutive month, supporting the view that economic growth should accelerate in the second half of this year.

UK court orders 'Glee' name change in legal row

07/18/2014 9:41am
Glum news for "Glee" — Britain's High Court ruled Friday that the musical TV show must change its name because it breaches the trademark of a chain of comedy clubs.

DC supports plan for Corcoran Gallery's merger

07/18/2014 9:41am
The District of Columbia has filed court documents in support of allowing the Corcoran Gallery of Art and its college to merge with two larger institutions.

US stocks move higher as companies post results

07/18/2014 9:51am
U.S. stocks are moving higher after Google, Honeywell and other big companies report their quarterly results.

Utah jobless rate continues to inch down

07/18/2014 9:51am
The rate of unemployed Utah residents has dropped for the fourth straight month, falling to 3.5 percent in June.

Markets steady but Malaysia jet jitters remain

07/18/2014 10:02am
Markets settled down Friday but jitters over the downing of a Malaysian jetliner over Ukraine remained at the fulcrum of investors' thoughts.


07/18/2014 10:21am
Sales, noon price and net change of the 15 most active New York Stock Exchange issues, trading nationally.

Disney World and union reach contract agreement

07/18/2014 10:40am
Union officials say Walt Disney World has reached a tentative labor agreement with its largest union group that raises starting hourly pay from a little over $8 to $9 this year.

Prosecutor to monitor for-profit college chain

07/18/2014 11:01am
Former federal prosecutor Patrick Fitzgerald has agreed to serve as an independent monitor of a troubled for-profit education company serving 72,000 students that has agreed to sell or close its campuses, the Education Department said Friday.

Correction: Apple-Board story

07/18/2014 11:11am
In a story July 17 about the retirement of longtime Apple Inc. director Bill Campbell, The Associated Press reported erroneously that late Apple CEO Steve Jobs had battled prostate cancer. Jobs was diagnosed with pancreatic cancer.

Amazon rolls out 'Netflix-for-books' style service

07/18/2014 11:11am
Amazon is rolling out a new subscription service that will allow unlimited access to thousands of electronic books and audiobooks for $9.99 a month in the online giant's latest effort to attract more users.

Judge halts company's claims about spray product

07/18/2014 11:21am
A judge has barred a Las Vegas company from calling Iowa residents and claiming to sell a human growth hormone product that kills cancer cells.

Electrolux posts Q2 loss on restructuring costs

07/18/2014 11:31am
Swedish home appliance maker Electrolux has posted a second-quarter net loss of 92 million ($13.5 million) kronor, citing large restructuring charges, but says demand in Europe and the United States is picking up.

Court rejects lawsuit, but warns of implicit bias

07/18/2014 12:12pm
The Iowa Supreme Court rejected a class-action lawsuit Friday that alleged the Iowa executive branch discriminated against black job applicants, even while finding that African-Americans face subtle biases that make it harder to land employment.

Nevada jobless rate ticks down to 7.7 percent

07/18/2014 12:51pm
Nevada's jobless rate has dipped to its lowest level in nearly six years, dropping from 7.9 percent in May to 7.7 percent in June as the state saw an 11th month of job gains.


07/18/2014 1:20pm
Futures trading on the Chicago Board of Trade Fri.:


07/18/2014 1:20pm
Futures trading on the Chicago Board of Trade Fri.:

Obama opens Eastern Seaboard to oil exploration

07/18/2014 1:21pm
A decision by the Obama administration is going to be welcomed by the oil industry, but not by environmentalists.

Ranking US states by job creation in past 5 years

07/18/2014 1:31pm
Since the Great Recession officially ended in June 2009, the U.S. economy has generated 7.8 million jobs. But the gains haven't been spread evenly across the country.

Forbes sells majority stake to group of investors

07/18/2014 1:31pm
Forbes said Friday it will sell a majority stake in the family owned magazine publisher to a Hong Kong-based investor group.

How Kindle Unlimited compares with Scribd, Oyster

07/18/2014 1:31pm
and largest — company to offer unlimited e-books for a monthly fee. Here's how Kindle Unlimited, which Amazon announced Friday, compares with rivals Scribd and Oyster.

Grain mostly lower, beef mostly higher, pork mixed

07/18/2014 1:51pm
Grain futures were lower Friday on the Chicago Board of Trade.

Review: Amazon unlimited e-book service is limited

07/18/2014 1:51pm
Amazon's new "unlimited" e-book service lets you read 600,000 books. That sounds like more than you'll ever read, but I found myself struggling to find the books I wanted.

New Toyota minivan makes it easier to yell at kids

07/18/2014 1:52pm
Toyota wants to help you scream at your unruly kids.

Stronger earnings from Google, others drive stocks

07/18/2014 2:11pm
Earnings gains from Google, Honeywell and other big U.S. companies drive the stock market to a higher close, wiping out much of its loss from the day before.

Boeing procurement officer pleads guilty to fraud

07/18/2014 2:41pm
A former procurement officer for The Boeing Company in St. Louis pleaded guilty Friday to federal fraud charges for his role in a bribery and kickback scheme involving military aircraft parts sold to Boeing.

EPA proposal could block huge Alaska mine

07/18/2014 2:41pm
The U.S. Environmental Protection Agency proposed restrictions Friday that would essentially block development of a planned massive gold-and-copper mine near the headwaters of a world premier salmon fishery in Alaska.

What we know, and don't, 1 day after Ukraine crash

07/18/2014 3:01pm
One day after the crash of a Malaysian jetliner carrying 298 people in eastern Ukraine, here's what is known, and what has been claimed:

IRS says hard drive that lost emails destroyed

07/18/2014 3:10pm
The IRS said Friday that Lois Lerner's computer hard drive was destroyed three years ago, ending any chance of retrieving her lost emails.

Corcoran Gallery's proposed merger goes to court

07/18/2014 3:21pm
Court proceedings opened Friday in the planned merger of the Corcoran Gallery of Art, one of the nation's oldest museums, with two larger institutions after years of financial troubles and daunting renovation needs.

Tea party groups' suit against IRS moves forward

07/18/2014 3:21pm
A federal judge has allowed a lawsuit by 10 tea party groups to move forward against the Internal Revenue Service, rejecting a request by the federal government to dismiss all the allegations that the agency subjected conservative groups to additional, often burdensome scrutiny.

Prosecutors: Debt motive for 2012 Indy explosion

07/18/2014 3:41pm
Prosecutors have filed court documents indicating that mounting gambling and credit card debt were the motive behind a deadly explosion that devastated an Indianapolis neighborhood in 2012.


07/18/2014 3:41pm
Most active Nasdaq issues.

Agriculture chief visits water-starved families

07/18/2014 3:50pm
U.S. Agriculture Secretary Tom Vilsack visited drought-stricken homeowners on Friday in Central California, saying drought and climate change would require major investment to secure future water supplies.


07/18/2014 3:50pm
A snapshot of major stock and commodities market indicators Friday:

Obama opens Eastern Seaboard to oil exploration

07/18/2014 4:01pm
The Obama administration is reopening the Eastern Seaboard to offshore oil and gas exploration, approving seismic surveys using sonic cannons that can pinpoint energy deposits deep beneath the ocean floor.

Subaru sued over claims of dangerous auto defect

07/18/2014 4:01pm
Some Subaru vehicle models have a defect that could lead to engine failure while they're being driven, a federal lawsuit says.

Harsh island a breeding ground for Utah pelicans

07/18/2014 4:01pm
Gunnison Island lies in the part of the Great Salt Lake where the salt is so thick, bacteria have turned the water lavender.

Oil price remains high on global turmoil

07/18/2014 4:11pm
The price of oil retreated slightly Friday but remained elevated because of political turmoil around the world.

US regulators close small bank in Georgia

07/18/2014 4:11pm
Regulators have closed a small lender in Georgia, bringing U.S. bank failures this year to 13 after 24 closures in all of 2013.

Vegas post office reopens after Port-a-Potty fire

07/18/2014 4:31pm
A Las Vegas post office is reopening two weeks after a two-alarm fire that started in a rooftop Port-a-Potty damaged the building.

New leader says Komen has eye on future

07/18/2014 4:50pm
The new leader of the Susan G. Komen for the Cure organization says it has moved on from the controversy that erupted 2½ years ago over its decision, quickly reversed in an onslaught of criticism, to stop giving grants to Planned Parenthood for breast cancer screenings.

Judge finds Chinese drywall maker in contempt

07/18/2014 4:50pm
A federal judge has ordered a China-based maker of drywall to pay $55,000 in penalties and attorney fees — and to stop doing business in the United States — as punishment for refusing to take part in court proceedings over harm allegedly done by the product.

'Treme' actor settling profiling suit vs. Macy's

07/18/2014 5:00pm
A black actor who accused Macy's of racially profiling minorities as shoplifters is settling his civil rights lawsuit, one of several cases that drew attention last year to long-simmering complaints about how big retailers treat minority customers.

*52-week * ‥*‥ ‥*‥ ‥*‥ ‥*‥ Sales*‥*‥*‥*‥*‥*‥*

07/18/2014 5:11pm
Trading for the week in New York Stock Exchange issues:

NC company recalls chicken due to misbranding

07/18/2014 5:21pm
A North Carolina company is recalling approximately 200 pounds of grilled chicken entrees because they were mislabeled and contain milk, an allergen not declared on the label.

Here is the latest Nevada news from The Associated Press

07/18/2014 5:31pm
A grand jury has indicted five people in the embezzlement of nearly $300,000 from the Clark County School District's Adult English Language Acquisition program. The 52-count indictment accuses program director Priscilla Rocha of falsifying time cards and directing the money to co-defendants for personal use. Her lawyer was not immediately available for comment.

Seeking who shot down Malaysian plane, leaders demand credible investigation in Ukraine

07/18/2014 5:31pm
World leaders are demanding that pro-Russia rebels who control the eastern Ukraine crash site of Malaysia Airlines Flight 17 give immediate, unfettered access to independent investigators.

NBC sends reporter back to Gaza after sudden exit

07/18/2014 7:20pm
NBC said Friday it was sending Middle East correspondent Ayman Mohyeldin back to the Gaza strip this weekend after he left the region for unexplained reasons following his eyewitness report on the killing of four Palestinian boys on a beach this week.

Seattle police: 2 dead at assisted living facility

07/18/2014 7:30pm
Police say a man and an elderly woman have been found dead at a Seattle assisted living facility in what may be a murder-suicide.

Alaska's largest paper undergoes name change

07/18/2014 7:30pm
More than two months after it was purchased by an online competitor, Alaska's largest newspaper will undergo a name change with Sunday's edition.

American in Ukraine crash had lived in New Jersey

07/18/2014 9:41pm
The only American identified so far as a victim of the crash of Malaysia Airlines Flight 17 in Ukraine lived in New Jersey as a child and returned to the Netherlands when he was 5.

Federal judge sends key GM case to Georgia court

07/18/2014 9:50pm
A federal judge in Atlanta has sent an important wrongful death lawsuit against General Motors back to a Georgia court.