Business & economy news - CBS4 - WHBF Quad Cities, IL-IA News Weather Sports

Business News

BusinessMore>>
FedEx 4Q profit drops as economic growth is weak
FedEx 4Q profit drops as economic growth is weak
FedEx's quarter profit is down 45 percent from a year ago as customers trade down to less-expensive delivery options and the package delivery company restructures some parts of its business.More >>
FedEx's quarter profit is down 45 percent from a year ago as customers trade down to less-expensive delivery options and the package delivery company restructures some parts of its business.More >>
IMF calls for urgent steps on Spain unemployment
IMF calls for urgent steps on Spain unemployment
The International Monetary Fund says recession-wracked Spain is making progress but is urging policymakers both within the country and in Europe to take "urgent action" to slash the country's crippling 27...More >>
Spain faces the prospect of of high unemployment and sluggish growth lasting years unless the country and Europe take "urgent action" to slash the nation's crippling 27 unemployment rate and free frozen credit to...More >>
Oil rises near $99 a barrel before Bernanke speaks
Oil rises near $99 a barrel before Bernanke speaks
The price of oil fell Wednesday, before the conclusion of a U.S. Federal Reserve meeting.More >>
By PABLO GORONDI Associated Press The price of oil rose to near $99 a barrel on Wednesday, driven by a report of falling U.S. stockpiles of crude and ahead of the conclusion of a meeting of the Federal...More >>
Japan formally OKs new nuke safety requirements
Japan formally OKs new nuke safety requirements
Japan's nuclear watchdog formally approved a set of new safety requirements for atomic power plants Wednesday, paving the way for the reopening of facilities shut down since the Fukushima disaster.More >>
Japan's nuclear watchdog formally approved a set of new safety requirements for atomic power plants Wednesday, paving the way for the reopening of facilities shut down since the Fukushima disaster.More >>
Air France-KLM orders 25 wide-body Airbus A350s
Air France-KLM orders 25 wide-body Airbus A350s
Boeing Co. says it is selling 30 of its new generation 737-MAX 8 jets, extending the popularity of the fuel-efficient short-haul aircraft at the Paris Air Show.More >>
Air France-KLM ordered 25 Airbus A350 jets on Wednesday, saying the wide-body plane that flew for the first time last week will be central to its plan to expand long-haul flights after years of struggling against discount...More >>
UK banking commission urges better standards
UK banking commission urges better standards
British bankers could soon be facing harsher penalties for behaving badly.More >>
British bankers could soon be facing harsher penalties for behaving badly.More >>
Greek government back in talks to end TV crisis
Greek government back in talks to end TV crisis
Greece's governing coalition parties are to meet for a second time in three days to try and end a political crisis triggered by the closure of state broadcaster ERT.More >>
Greece's governing coalition parties are to meet for a second time in three days to try and end a political crisis triggered by the closure of state broadcaster ERT.More >>
Markets steady as investors ready for Fed
Markets steady as investors ready for Fed
Asian markets were mostly lower Wednesday as investors waited for an update on the U.S. economy from the U.S. Federal Reserve.More >>
Markets were fairly flat-footed ahead of a keenly awaited policy statement from the U.S. Federal Reserve.More >>
Bribery trial of former Finmeccanica CEO opens
Bribery trial of former Finmeccanica CEO opens
The former head of the Italian aerospace and defense giant Finmeccanica goes on trial in a case involving alleged bribes to win a 560 million euro ($670 million) helicopter contract in India.More >>
The former head of Italian aerospace and defense giant Finmeccanica , accused by prosecutors of making bribery part of the company culture, went on trial Wednesday for his alleged role in the payment of bribes to secure a...More >>
Study: Wiser medication use could cut health costs
Study: Wiser medication use could cut health costs
If doctors and patients used prescription drugs more wisely, they could save the U.S. health care system at least $213 billion a year, by reducing medication overuse, underuse and other flaws in care that cause...More >>
If doctors and patients used prescription drugs more wisely, they could save the U.S. health care system at least $213 billion a year, by reducing medication overuse, underuse and other flaws in care that cause complications...More >>
United 787 heading to Tokyo diverted to Seattle
United 787 heading to Tokyo diverted to Seattle
A Boeing 787 flying from Denver to Tokyo diverted to Seattle because of an oil filter issue, a United Airlines spokeswoman said.More >>
A Boeing 787 flying from Denver to Tokyo diverted to Seattle because of an oil filter issue, a United Airlines spokeswoman said.More >>
Currency factors weigh on retailer H&M's Q2 profit
Currency factors weigh on retailer H&M's Q2 profit
Swedish fashion retailer Hennes & Mauritz AB on Wednesday said profits fell by 11 percent in the second quarter due to the strong Swedish krona and increased markdowns as it tried to shift its products.More >>
Swedish fashion retailer Hennes & Mauritz AB on Wednesday said profits fell by 11 percent in the second quarter due to the strong Swedish krona and increased markdowns as it tried to shift its products.More >>
Senator: IRS to pay $70M in employee bonuses
Senator: IRS to pay $70M in employee bonuses
An influential Republican senator says the Internal Revenue Service is about to pay $70 million in employee bonuses despite an Obama administration directive to cancel discretionary bonuses because of automatic...More >>
The Internal Revenue Service is about to pay $70 million in employee bonuses despite an Obama administration directive to cancel discretionary bonuses because of automatic spending cuts enacted this year, according to a GOP...More >>
House to consider cuts to food stamps
House to consider cuts to food stamps
A wide-ranging farm bill the House is considering would cut food stamps by $2 billion a year and make it more difficult for some people to qualify for the domestic food aid program.More >>
A wide-ranging farm bill the House is considering would cut food stamps by $2 billion a year and make it more difficult for some people to qualify for the domestic food aid program.More >>
Budget office view boosts Senate immigration bill
Budget office view boosts Senate immigration bill
Supporters of a far-reaching immigration bill in the Senate see fresh momentum from a report by the Congressional Budget Office that the measure would boost the economy and reduce federal deficits by billions of...More >>
Supporters of a far-reaching immigration bill in the Senate see fresh momentum from a report by the Congressional Budget Office that says the measure would boost the economy and reduce federal deficits by billions of dollars.More >>
Japan's trade deficit climbs to $10.5B in May
Japan's trade deficit climbs to $10.5B in May
Japan's trade deficit rose nearly 10 percent in May to 993.9 billion yen (nearly $10.5 billion) as rising costs for imports due to the cheaper yen matched a rebound in exports.More >>
Japan's trade deficit rose nearly 10 percent in May to 993.9 billion yen (nearly $10.5 billion), highlighting the challenge Prime Minister Shinzo Abe faces in revitalizing manufacturing as industries increasingly shift...More >>
Investors look for answers on economy from Fed
Investors look for answers on economy from Fed
What the world hopes to hear Wednesday from the Federal Reserve can be summed up in one word: clarity.More >>
Worry and speculation have consumed investors since Chairman Ben Bernanke spoke to Congress last month about the Federal Reserve's drive to keep long-term interest rates at record lows.More >>
Dish won't submit revised bid for Sprint
Dish won't submit revised bid for Sprint
Dish Network Corp. says a number of factors have made it impracticable for it to submit another offer to buy Sprint Nextel Corp. in time to beat a deadline set by the phone company.More >>
Satellite TV operator Dish Network Corp. said Tuesday it would not submit a revised bid for Sprint, leaving the path open for the wireless carrier to accept what it already considers a superior offer from Japan's...More >>
Rural lawmakers push for farm bill votes in House
Rural lawmakers push for farm bill votes in House
Farm-state lawmakers are scrambling to win bipartisan votes for a five year, half-trillion dollar farm bill on the House floor this week.More >>
Farm-state lawmakers are scrambling to win bipartisan support for a five-year, half-trillion-dollar farm bill on the House floor this week.More >>
NSA director says plot against Wall Street foiled
NSA director says plot against Wall Street foiled
The chairman of the House Intelligence Committee says it appears the much-criticized national electronic surveillance program foiled "dozens" of terrorist plots.More >>
The U.S. foiled a plot to bomb the New York Stock Exchange because of the sweeping surveillance programs at the heart of a debate over national security and personal privacy, officials said Tuesday at a rare open hearing on...More >>
Chrysler agrees to recall of Jeeps at risk of fire
Chrysler agrees to recall of Jeeps at risk of fire
Chrysler says it has resolved its differences with the government and will recall older Jeep Grand Cherokee and Liberty SUVs that could be at risk of a fuel tank fire.More >>
After initially defying federal regulators, Chrysler abruptly agreed Tuesday to recall some older-model Jeeps with fuel tanks that could rupture and cause fires in rear-end collisions.More >>
Asia Markets mostly down as investors eye Fed
Asia Markets mostly down as investors eye Fed
Growing expectations that the U.S. Federal Reserve will maintain its current policy stance gave stocks a boost Monday.More >>
Asian markets opened mostly lower Wednesday as investors waited for an update on the U.S. economy from the Federal Reserve and for some clarity from the Fed about its future course.More >>
CBO: Senate Immigration bill would help economy
CBO: Senate Immigration bill would help economy
The House Judiciary Committee is preparing to vote on its first immigration bill this year, a tough enforcement measure giving state and local officials new powers to act against people here illegally.More >>
Sweeping immigration legislation moving toward a vote in the Senate would boost the economy and reduce federal deficits, the Congressional Budget Office said Tuesday, at the same time it would bestow legal status on an...More >>
Brazil protesters keep up pressure on government
Brazil protesters keep up pressure on government
In some of the biggest protests since the end of Brazil's 1964-85 dictatorship, demonstrations have spread across this continent-sized country and united people from all walks of life behind frustrations over...More >>
About 50,000 protesters energetically returned to the streets of Brazil's biggest city Tuesday night, a demonstration of anger toward what they call a corrupt and inefficient government that has long ignored the demands...More >>
18 mayors: Limit use of food stamps to buy soda
18 mayors: Limit use of food stamps to buy soda
The mayors of New York, Los Angeles, Chicago and 15 other cities are reviving a push against letting food stamps be used to buy soda and other sugary drinks.More >>
The mayors of New York, Los Angeles, Chicago and 15 other cities are reviving a push against letting food stamps be used to buy soda and other sugary drinks.More >>
Ark. AG seeks to uphold verdict against J&J
Ark. AG seeks to uphold verdict against J&J
Arkansas' attorney general filed a brief Tuesday backed by his counterparts in 35 other states asking the Arkansas Supreme Court to uphold a $1.2 billion fine levied against Johnson & Johnson and a subsidiary...More >>
Arkansas' attorney general filed a brief Tuesday backed by his counterparts in 35 other states asking the Arkansas Supreme Court to uphold a $1.2 billion fine levied against Johnson & Johnson and a subsidiary over...More >>
3 more plead guilty in probe of Pilot Flying J
3 more plead guilty in probe of Pilot Flying J
A third employee of the truck stop chain owned by the Cleveland Browns owner and Tennessee's governor has pleaded guilty in what authorities call a scheme to cheat trucking firms out of rebates.More >>
Three more employees of the truck stop chain owned by the Cleveland Browns' owner and Tennessee's governor pleaded guilty Tuesday in what authorities call a scheme to cheat trucking firms out of rebates.More >>
Waiting for word from Bernanke, stocks move higher
Waiting for word from Bernanke, stocks move higher
U.S. stocks were up in early trading Tuesday, boosted by government reports of gains in home construction and low inflation. Expectations that the Federal Reserve will keep in place programs meant to prop up the...More >>
It's all about the Fed. Still.More >>
House, Senate on diverging paths on agency budgets
House, Senate on diverging paths on agency budgets
House Republicans have unveiled slashing cuts to a program that helps localities build community development projects. Their rivals in the Democratic-controlled Senate are moving to restore Republican cuts to...More >>
Republicans controlling the House unveiled slashing cuts Tuesday to a program that helps localities build community development projects, while their rivals in the Democratic-led Senate proposed to restore GOP cuts to...More >>
G-8 seeks unity on Syrian peace talks, tax evasion
G-8 seeks unity on Syrian peace talks, tax evasion
Leaders of the G-8 wealthy nations are spending the final day of their summit focused on how to deter kidnappings of foreign workers in North Africa and how to corner globe-trotting companies into paying more taxes.More >>
President Barack Obama, Russian President Vladimir Putin and other G-8 leaders attempted to speak with one voice Tuesday on seeking a negotiated Syrian peace settlement - yet couldn't publicly agree on whether this means...More >>
MGM, AEG to develop 20K seat Las Vegas Strip arena
MGM, AEG to develop 20K seat Las Vegas Strip arena
Casino giant MGM Resorts International and entertainment company AEG say they've inked a deal to build a 20,000-seat Las Vegas Strip arena.More >>
Years of talk about building an arena capable of hosting professional sports and big-name concerts yielded an announcement Tuesday that casino giant MGM Resorts International and entertainment company AEG will build a...More >>
Stocks move higher as traders wait on the Fed
Stocks move higher as traders wait on the Fed
The stock market is closing higher as investors anticipate that the Federal Reserve will keep programs to support the U.S. economy in place.More >>
The stock market is closing higher as investors anticipate that the Federal Reserve will keep programs to support the U.S. economy in place.More >>
Syrian pound tumbles on US plans to arm rebels
Syrian pound tumbles on US plans to arm rebels
Many exchange shops closed in Damascus on Tuesday, fearing more chaos a day after the Syrian currency plunged to a new record low, reflecting growing fears in the capital following a U.S. decision to arm rebel...More >>
Many exchange shops closed in Damascus on Tuesday, fearing more chaos a day after the Syrian currency plunged to a new record low, reflecting growing fears in the capital following a U.S. decision to arm rebel groups...More >>
Greece's public TV still off despite court ruling
Greece's public TV still off despite court ruling
State TV signals remain blank in Greece as parties in the governing coalition were still at odds over what to do with public broadcaster ERT.More >>
State TV channels in Greece remained off-air Tuesday as the political storm over the future of public broadcaster ERT raged on, despite a court ruling that the prime minister's decision to pull the plug was wrong.More >>
Stuntwoman sues News Corp. over alleged phone hack
Stuntwoman sues News Corp. over alleged phone hack
A woman who worked as a stunt double for Angelina Jolie has sued Rupert Murdoch's News Corp. in Los Angeles, claiming she's a victim of a phone hacking scheme to obtain information about the actress.More >>
A woman who worked as a stunt double for Angelina Jolie sued Rupert Murdoch's News Corp. in Los Angeles on Tuesday, claiming she's a victim of a phone hacking scheme to obtain information about the actress.More >>
Medicare: Cost-saving changes coming for diabetics
Medicare: Cost-saving changes coming for diabetics
Medicare begins a major change next month that could save older diabetics money and time when they buy crucial supplies to test their blood sugar - but it also may cause some confusion as patients figure out the new...More >>
Medicare begins a major change next month that could save older diabetics money and time when they buy crucial supplies to test their blood sugar - but it also may cause some confusion as patients figure out the new system.More >>
Sprint sues to stop Dish Clearwire buyout
Sprint sues to stop Dish Clearwire buyout
Sprint Nextel is suing to stop Dish Network's buyout offer for wireless data network operator Clearwire. The nation's third-largest cellphone carrier says the proposed deal violates the rights of Sprint and...More >>
Sprint is suing to stop Dish Network's buyout of wireless data network operator Clearwire. The nation's third-largest cellphone carrier said the proposed deal violates the rights of Sprint and other Clearwire...More >>
Missouri moves to lift ban on foreign farm owners
Missouri moves to lift ban on foreign farm owners
Weeks before a Chinese conglomerate agreed to buy Smithfield Foods Inc. in the largest such takeover of a U.S. business, Missouri lawmakers quietly approved legislation removing a ban on foreign ownership of...More >>
Weeks before a Chinese conglomerate agreed to buy Smithfield Foods Inc. in the largest such takeover of a U.S. business, Missouri lawmakers quietly approved legislation removing a ban on foreign ownership of agricultural...More >>
Chrysler expected to formally refuse Jeep recall
Chrysler expected to formally refuse Jeep recall
In one of the biggest-ever showdowns between an automaker and the government, Chrysler on Tuesday is expected to file papers explaining its refusal to recall 2.7 million older Jeep SUVs that are at risk of catching...More >>
In one of the biggest-ever showdowns between an automaker and the government, Chrysler on Tuesday is expected to file papers explaining its refusal to recall 2.7 million older Jeep SUVs that are at risk of catching fire in...More >>
With Samsung, Jay-Z's business continues to boom
With Samsung, Jay-Z's business continues to boom
He really is more than a businessman.More >>
He really is more than a businessman.More >>
Duke Energy names insider to take over for Rogers
Duke Energy names insider to take over for Rogers
Duke Energy's chief financial officer will take over for retiring CEO Jim Rogers at the end of the month.More >>
Duke Energy Corp., the nation's largest electric utility, named Chief Financial Officer Lynn Good to replace Jim Rogers next month as CEO.More >>
Stocks move higher on home building, low inflation
Stocks move higher on home building, low inflation
The stock market is moving higher in midday trading after the government reported gains in home construction and low inflation.More >>
The stock market is moving higher in midday trading after the government reported gains in home construction and low inflation.More >>
Argentine cash controls bring bargains, headaches
Argentine cash controls bring bargains, headaches
The Brazilian visitors gawk in wonder as they stroll past shop windows along touristy Florida street in the Argentine capital. The jackets, the shoes - they're all so cheap when your purse is stuffed with...More >>
The Brazilian visitors gawk in wonder as they stroll past shop windows along touristy Florida street in the Argentine capital. The jackets, the shoes - they're all so cheap when your purse is stuffed with black-market...More >>
US consumer prices rise just 0.1 pct. in May
US consumer prices rise just 0.1 pct. in May
U.S. consumer prices rose slightly in May as higher energy costs were partly offset by cheaper food. The small increase underscores that inflation is mild.More >>
U.S. consumer prices rose slightly last month, as higher energy costs partly offset cheaper food. The small increase is further evidence that consumers are benefiting from mild inflation.More >>
Wake-up call: Starbucks to post calorie counts
Wake-up call: Starbucks to post calorie counts
Starbucks has a new way to wake up its customers: showing the calories in its drinks.More >>
Starbucks has a new way to wake up its customers: showing the calories in its drinks.More >>
US video game retail sales fall 25 percent in May
US video game retail sales fall 25 percent in May
U.S. retail sales of video games, hardware and accessories declined 25 percent in May as demand for aging game consoles continued to fade and fewer new games launched compared with last year, according to market...More >>
U.S. retail sales of video games, hardware and accessories declined 25 percent in May as demand for aging game consoles continued to fade and fewer new games launched compared with last year, according to market researcher...More >>
easyJet to buy 135 single-aisle Airbus A320s
easyJet to buy 135 single-aisle Airbus A320s
Budget carrier easyJet has agreed to purchase 135 single-aisle Airbus jets that will allow the European airline to pack in more passengers than it currently does.More >>
Budget carrier easyJet agreed Tuesday to purchase 135 single-aisle Airbus jets that will allow the European airline to pack in more passengers than it currently does.More >>
Boeing nets orders for 102 stretch 787s
Boeing nets orders for 102 stretch 787s
Boeing Corp. is starting work on a stretched-out version of its popular 787 Dreamliner jet, in the hope of reigniting interest in the aircraft after battery-related problems.More >>
Boeing Co. won major orders from five customers for a stretched-out version of its popular 787 Dreamliner jet at the Paris Air Show Tuesday, further evidence of a strengthening market for more expensive long-haul jets.More >>
European car sales hit 20-year low for May
European car sales hit 20-year low for May
European car sales have hit their lowest level for the month of May in 20 years as the continent's recession continues to deepen.More >>
European car sales had their worst May in 20 years as the region's recession drags on, the European automakers' association said Tuesday.More >>
Swiss lawmakers reject deal to end US tax spat
Swiss lawmakers reject deal to end US tax spat
Swiss lawmakers have rejected a government-backed banking bill meant to end a high-profile legal standoff with the United States over suspected American tax cheats.More >>
Switzerland's lower house of parliament pushed back strongly Tuesday against a government proposal to end a bitter dispute with U.S. authorities over American tax cheats suspected of hiding money in the country's...More >>
US home construction rises 6.8 percent in May
US home construction rises 6.8 percent in May
U.S. builders began construction on more single-family homes and apartments in May, encouraged by more buyers and a scarcity of houses for sale.More >>
U.S. builders stepped up home construction in May and applied for permits to build single-family homes at the fastest pace in five years. The gains show housing remains a key source of growth for the economy.More >>
Stocks open higher as home building advances
Stocks open higher as home building advances
Stocks are opening higher on Wall Street after the pace of home construction picked up in May, the latest encouraging sign from the housing market.More >>
Stocks are opening higher on Wall Street after the pace of home construction picked up in May, the latest encouraging sign from the housing market.More >>
Kabel Deutschland shares rise on takeover interest
Kabel Deutschland shares rise on takeover interest
Shares in Germany's biggest cable operator are up after Kabel Deutschland received a preliminary takeover proposal from U.S. firm Liberty Global.More >>
Shares in Germany's biggest cable operator are up after Kabel Deutschland received a preliminary takeover proposal from U.S. firm Liberty Global.More >>
US consumer prices rise just 0.1 pct in May
US consumer prices rise just 0.1 pct in May
U.S. consumer prices rose slightly in May as higher energy costs were partly offset by cheaper food. The small increase comes after two straight declines, underscoring that American consumers are benefiting from...More >>
U.S. consumer prices rose slightly in May as higher energy costs were partly offset by cheaper food. The small increase comes after two straight declines, underscoring that American consumers are benefiting from mild...More >>
US home construction rises 6.8 percent in May
US home construction rises 6.8 percent in May
U.S. builders began construction on more single-family homes and apartments in May, encouraged by more buyers and a scarcity of houses for sale.More >>
U.S. builders began construction on more single-family homes and apartments in May, encouraged by more buyers and a scarcity of houses for sale.More >>
Royalty Pharma lets Elan takeover bid expire
Royalty Pharma lets Elan takeover bid expire
By The Associated Press Royalty Pharma has let its takeover bid for Irish drugmaker Elan lapse as it decided against pressing ahead with a court challenge of a requirement that it withdraw the...More >>
By TOM MURPHY AP Business Writer Royalty Pharma has let its latest takeover bid for Irish drugmaker Elan lapse as it decided against pressing ahead with a court challenge of a requirement that it withdraw...More >>
Oil prices climb above $98 before US Fed meeting
Oil prices climb above $98 before US Fed meeting
The price of U.S. benchmark oil rose slightly Tuesday, a day after briefly touching a nine-month high, as traders awaited the start of a Federal Reserve policy meeting.More >>
By PABLO GORONDI Associated Press The price of oil climbed back above $98 a barrel Tuesday, a day after briefly touching a nine-month high, as traders awaited the start of a Federal Reserve policy meeting.More >>
Futures rising as Fed gathers in Washington
Futures rising as Fed gathers in Washington
U.S. stock futures are rising for the second time in as many days as the Federal Reserve opens its two-day policy meeting in Washington.More >>
U.S. stock futures rose for the second time in as many days as the Federal Reserve opens its two-day policy meeting in Washington.More >>
US safety agency investigating Suzuki small SUVs
US safety agency investigating Suzuki small SUVs
U.S. safety regulators are investigating problems with air bag sensors in the seats of some small Suzuki SUVs.More >>
U.S. safety regulators said Tuesday that they are investigating problems with air bag sensors in the seats of some small Suzuki SUVs.More >>
Trader charged in manipulation of Libor rate
Trader charged in manipulation of Libor rate
Britain's Serious Fraud Office has charged a former trader with conspiracy to defraud in the rigging of a benchmark interest rate.More >>
Britain's Serious Fraud Office has charged a former trader with conspiracy to defraud in the rigging of a benchmark interest rate.More >>
Chevron secures Iraqi Kurdish oil deal
Chevron secures Iraqi Kurdish oil deal
U.S. oil giant Chevron says it has signed a deal with Iraq's Kurdish regional government to expand its oil exploration territory in the northern self-rule region.More >>
U.S. oil giant Chevron says it has signed a deal with Iraq's Kurdish regional government to expand its oil exploration territory in the northern self-rule region.More >>
Texas governor woos disgruntled Conn. gun makers
Texas governor woos disgruntled Conn. gun makers
Texas Gov. Rick Perry is courting Connecticut gun manufacturers, extolling the tax policies and regulatory climate of his state.More >>
Texas Gov. Rick Perry extolled the tax policies and regulatory climate of his state as he courted gun manufacturers that have threatened to leave Connecticut since the state passed new gun-control laws in response to the...More >>
World's 3 biggest shipping operators unite
World's 3 biggest shipping operators unite
Danish shipping and oil group A.P. Moller-Maersk says the world's three biggest shipping container operators have entered an alliance to reduce fuel consumption and improve service and operations.More >>
Danish shipping and oil group A.P. Moller-Maersk says the world's three biggest shipping container operators have entered an alliance to reduce fuel consumption and improve service and operations.More >>
Report: Slowdown in health care costs to continue
Report: Slowdown in health care costs to continue
There's good news for most companies that provide health benefits for their employees: America's slowdown in medical costs may be turning into a trend, rather than a mere pause.More >>
There's good news for most companies that provide health benefits for their employees: America's slowdown in medical costs may be turning into a trend, rather than a mere pause.More >>
Russia to close paper mill on Lake Baikal
Russia to close paper mill on Lake Baikal
Russian Prime Minister Dmitry Medvedev says authorities will shut down a paper mill on the shores of Lake Baikal, which environmentalists say is a major pollutant threatening the world's largest fresh water lake.More >>
Russian Prime Minister Dmitry Medvedev said on Tuesday that authorities will shut down a paper mill on the shores of Lake Baikal, which environmentalists say is a major pollutant threatening one of the world's largest...More >>
Ahead of the Bell: US Housing Starts
Ahead of the Bell: US Housing Starts
U.S. home construction has risen steadily in the past year, fueled by more buyers and a scarcity of houses for sale.More >>
U.S. home construction has risen steadily in the past year, fueled by more buyers and a scarcity of houses for sale.More >>
Ahead of the Bell: US Consumer Prices
Ahead of the Bell: US Consumer Prices
A measure of U.S. consumer prices likely ticked up in May after two months of declines caused by lower gas prices. The small increase would add to evidence that inflation remains tame.More >>
A measure of U.S. consumer prices likely ticked up in May after two months of declines caused by lower gas prices. The small increase would add to evidence that inflation remains tame.More >>
Ukraine kids at risk from low vaccination rates
Ukraine kids at risk from low vaccination rates
When the time came to vaccinate her 4-year-old daughter, Yelena Hlushko hesitated, spooked by widespread fears in Ukraine about vaccines and by a boil her older child developed after an immunization shot. Eventually...More >>
When the time came to vaccinate her 4-year-old daughter, Yelena Hlushko hesitated, spooked by widespread fears in Ukraine about vaccines and by a boil her older child developed after an immunization shot. Eventually she...More >>
Report: Slowdown in health care costs to continue
Report: Slowdown in health care costs to continue
There's good news for most companies that provide health benefits for their employees: America's slowdown in medical costs may be turning into a trend, rather than a mere pause.More >>
There's good news for most companies that provide health benefits for their employees: America's slowdown in medical costs may be turning into a trend, rather than a mere pause.More >>
Texas, SD governors court Conn. gun makers
Texas, SD governors court Conn. gun makers
Texas Gov. Rick Perry has come to Connecticut in search of gun manufacturing and other jobs while talking up the importance of competition.More >>
The governors of Texas and South Dakota visited Connecticut on Monday to court gun manufacturers that have threatened to leave since the state passed tough new gun-control laws this year in response to the massacre at Sandy...More >>
Unions give lift to Turkish protest movement
Unions give lift to Turkish protest movement
Turkish trade unions are gearing up for strikes in response to a widespread police crackdown against activists defying government attempts to end weeks of street protests.More >>
Turkish labor groups fanned a wave of defiance against Prime Minister Recep Tayyip Erdogan's authority, leading rallies and a one-day strike to support activists whose two-week standoff with the government has shaken the...More >>
Netflix cuts original TV deal with DreamWorks
Netflix cuts original TV deal with DreamWorks
Netflix is going to start running original television series from Dreamworks Animation.More >>
Netflix said Monday that it would offer new TV shows from DreamWorks Animation starting in 2014 in what the company described as its biggest transaction ever for original first-run content.More >>
White House threatens veto of House farm bill
White House threatens veto of House farm bill
The White House is threatening to veto the House version of a massive, 5-year farm bill, saying food stamp cuts included in the legislation could leave some Americans hungry.More >>
The White House is threatening to veto the House version of a massive, five-year farm bill, saying food stamp cuts included in the legislation could leave some Americans hungry.More >>
Elan holders OK buyback, vote down 3 deals
Elan holders OK buyback, vote down 3 deals
Shareholders of Irish drugmaker Elan Corp. PLC voted in favor of a share buyback but rejected three separate deals its board has pushed instead of a takeover offer from Royalty Pharma.More >>
Shareholders of Irish drugmaker Elan Corp. PLC have potentially ended a takeover bid from Royalty Pharma by voting in favor of an Elan share buyback plan.More >>
Lowe's offers to buy Orchard Supply for $205M
Lowe's offers to buy Orchard Supply for $205M
Lowe's says it plans to expand its California presence with an acquisition of Sears spinoff Orchard Supply Hardware Stores for about $205 million in cash.More >>
Lowe's plans to expand its California presence with an acquisition of Sears spinoff Orchard Supply Hardware Stores for about $205 million in cash.More >>
Thrifty says offer of free rental car was mistake
Thrifty says offer of free rental car was mistake
Thrifty Car Rental says it's sorry, but many customers who were offered a free one-day rental won't be getting that after all.More >>
Thrifty Car Rental says it's sorry, but many customers who were offered a free one-day rental won't be getting that after all.More >>
Greek coalition avoids collapse over TV shutdown
Greek coalition avoids collapse over TV shutdown
Party leaders in Greece's ruling coalition are trying to heal the rift over the closure of the country's state TV and radio broadcaster that is threatening to topple the government and compromise the...More >>
The Greek government has avoided collapsing over a dispute stemming from Prime Minister Antonis Samaras' move to close the state-owned television broadcaster after a high court ruling offered a way out of a week-long...More >>
Investors guess Fed's actions, push stocks higher
Investors guess Fed's actions, push stocks higher
The U.S. stock market rose in early trading Monday, driven not by any new economic data but by investors counting on the Federal Reserve to extend programs meant to boost the economy.More >>
Investors on Wall Street are playing a guessing game with the Federal Reserve.More >>
World looks to Bernanke to clarify stimulus plans
World looks to Bernanke to clarify stimulus plans
Is the era of ultra-low interest rates nearing an end?More >>
Is the era of ultra-low interest rates nearing an end?More >>
Starboard says Smithfield sale undervalues company
Starboard says Smithfield sale undervalues company
One of Smithfield Foods' largest shareholders says a $4.72 billion takeover bid from China's largest meat producer falls short of what the company would be worth if sold off piece by piece.More >>
One of Smithfield Foods Inc.'s largest shareholders says a $4.72 billion takeover bid from China's largest meat producer falls short of what the company would be worth if sold off piece by piece.More >>
EU, US agree to start free trade talks at G-8
EU, US agree to start free trade talks at G-8
British Prime Minister David Cameron says leaders gathering for the G-8 summit in Northern Ireland should reach speedy agreement on trade and tax reforms - and draw inspiration from the host country's ability to...More >>
The European Union and the United States will open negotiations next month on a long-sought deal to create free trade between the world's two mightiest economic regions, an effort designed to create millions of jobs that...More >>
Putin: US-Russia positions on Syria don't coincide
Putin: US-Russia positions on Syria don't coincide
President Barack Obama will appeal to Northern Ireland's youth to sustain their peace in his first opportunity to highlight the role the United States has played helping bring about reconciliation in the country.More >>
Russian President Vladimir Putin told President Barack Obama on Monday that their positions on Syria do not "coincide" but the two leaders said during the G-8 summit that they have a shared interest in stopping the violence...More >>
Google settles suit, clears way for stock split
Google settles suit, clears way for stock split
Google has settled a shareholder lawsuit to clear the way for a long-delayed split of the Internet search leader's stock.More >>
Google has resolved a shareholder lawsuit blocking a long-delayed stock split, clearing the way for the Internet search leader to issue a new class of non-voting shares later this year.More >>
Investors guess Fed's actions, push stocks higher
Investors guess Fed's actions, push stocks higher
Investors are in a game of wait-and-see with the Federal Reserve. On Monday, they guessed that the Fed will continue trying to prop up the economy, and sent stocks higher.More >>
Investors are in a game of wait-and-see with the Federal Reserve. On Monday, they guessed that the Fed will continue trying to prop up the economy, and sent stocks higher.More >>
Lucrative long-hauls get boost at Paris Air Show
Lucrative long-hauls get boost at Paris Air Show
Airbus says aircraft leasing company IFLC has made a firm order for 50 single-aisle A320neo jets, which represents a robust start for the European plane maker at the Paris Air Show.More >>
Airbus and Boeing won pledges for big purchases of their lucrative long-haul wide-body jets at the Paris Air Show Monday, raising hopes that demand is recovering following the worldwide recession.More >>
Court: 'Pay to delay' generic drugs can be illegal
Court: 'Pay to delay' generic drugs can be illegal
The Supreme Court says deals between pharmaceutical corporations and their generic drug competitors, which government officials say keep cheaper forms of medicine off the market, can sometimes be illegal.More >>
Deals between pharmaceutical corporations and their generic drug competitors, which government officials say keep cheaper forms of medicine off the market, can sometimes be illegal and therefore can be challenged in court,...More >>
Food companies work to make it look natural
Food companies work to make it look natural
Here's the latest goal for food makers: Perfect the art of imperfection.More >>
Here's the latest goal for food makers: Perfect the art of imperfection.More >>
US stocks rise ahead of Fed policy meeting
US stocks rise ahead of Fed policy meeting
Stocks are closing higher as traders hope that the Federal Reserve will decide to continue its economic stimulus program when it meets this week.More >>
Stocks are closing higher as traders hope that the Federal Reserve will decide to continue its economic stimulus program when it meets this week.More >>
Oil posts small loss after hitting high for year
Oil posts small loss after hitting high for year
The price of oil climbed to a high for the year Monday amid concerns over an escalation in the civil war in Syria.More >>
The price of oil fell slightly after it climbed to a high for the year Monday, as the market waits to see the results of this week's Federal Reserve policy meeting.More >>
Businessman tries his luck at building pot brand
Businessman tries his luck at building pot brand
The plans of a former Microsoft manager to create the "Starbucks of Pot" are worrying other activists who pushed for the legalization of marijuana in Washington state.More >>
For the activists who led the effort to legalize recreational marijuana in Washington state last fall, Jamen Shively was one of their biggest fears: an aspiring pot profiteer whose unabashed dreams of building a cannabis...More >>
US homebuilder confidence soars to 7-year high
US homebuilder confidence soars to 7-year high
By ALEX VEIGA AP Real Estate Writer For the first time in seven years, most U.S. homebuilders are optimistic about home sales, a sign that construction could help drive stronger economic growth in...More >>
By ALEX VEIGA AP Real Estate Writer For the first time in seven years, most U.S. homebuilders are optimistic about home sales, a sign that construction could help drive stronger economic growth in coming...More >>
Pro-Obama group airing health ads
Pro-Obama group airing health ads
An outside group supporting President Barack Obama's agenda plans to air a series of ads this summer promoting Obama's health care overhaul.More >>
An outside group supporting President Barack Obama's agenda plans to air a series of ads this summer promoting Obama's health care overhaul.More >>
High court to hear NJ housing discrimination case
High court to hear NJ housing discrimination case
The Supreme Court has agreed to decide another dispute involving race, whether people must prove they were victims of intentional housing discrimination to win lawsuits under federal law.More >>
The Supreme Court agreed Monday to take on another dispute involving race, deciding whether people must prove they were victims of intentional housing discrimination to win lawsuits under federal law.More >>
US stocks rise ahead of Fed policy meeting
US stocks rise ahead of Fed policy meeting
Stocks are rising in midday trading as traders expect the Federal Reserve to continue its stimulus of the U.S. economy when it meets this week.More >>
Stocks are rising in midday trading as traders expect the Federal Reserve to continue its stimulus of the U.S. economy when it meets this week.More >>
Israel picks team to build high-speed web network
Israel picks team to build high-speed web network
An Israeli committee has chosen a consortium led by Swedish company ViaEuropa to build a nationwide high-speed broadband network.More >>
An Israeli committee has chosen a consortium led by Swedish company ViaEuropa to build a nationwide high-speed broadband network.More >>
Sweeping US-EU trade talks to start in July
Sweeping US-EU trade talks to start in July
A top European Union official says talks on a sweeping new free trade agreement between the EU and the US will begin next month.More >>
A top European Union official says talks on a sweeping new free trade agreement between the EU and the US will begin next month.More >>
US homebuilder confidence soars to 7-year high
US homebuilder confidence soars to 7-year high
By ALEX VEIGA AP Real Estate Writer For the first time in seven years, most U.S. homebuilders are optimistic about home sales, a sign that construction could help drive stronger economic growth in...More >>
By ALEX VEIGA AP Real Estate Writer For the first time in seven years, most U.S. homebuilders are optimistic about home sales, a sign that construction could help drive stronger economic growth in coming...More >>
Stocks open higher on Wall Street ahead of Fed
Stocks open higher on Wall Street ahead of Fed
Stocks are opening higher on Wall Street ahead of a two-day meeting of Federal Reserve policymakers.More >>
Stocks are opening higher on Wall Street ahead of a two-day meeting of Federal Reserve policymakers.More >>
Apple details government requests for data
Apple details government requests for data
Apple says it received between 4,000 and 5,000 requests from U.S. law enforcement for customer data between Dec. 1, 2012 and May 31.More >>
Apple says it received between 4,000 and 5,000 requests from U.S. law enforcement for customer data for the six months ended in May.More >>
EU official: Trade deal with US a 'game-changer'
EU official: Trade deal with US a 'game-changer'
The top official with the European Union's executive arm says a free trade deal with the United States would be a "game-changer" for the global economy.More >>
The top official with the European Union's executive arm says a free trade deal with the United States would be a "game-changer" for the global economy.More >>
Oil rises past $98 on Syria, ahead of Fed meeting
Oil rises past $98 on Syria, ahead of Fed meeting
Oil prices fell Monday as traders refrained from big moves ahead of a critical meeting of U.S. central bank policymakers later in the week.More >>
By PABLO GORONDI Associated Press The price of oil climbed to above $98 a barrel Monday amid concerns over an escalation in the civil war in Syria and as traders awaited a critical meeting of the U.S....More >>
Porsche family buys back stake from Qatar fund
Porsche family buys back stake from Qatar fund
Descendants of German automobile entrepreneur Ferdinand Porsche have bought back a 10 percent stake in their holding company from Qatar's sovereign wealth fund.More >>
Descendants of German automobile entrepreneur Ferdinand Porsche have bought back a 10 percent stake in their holding company from Qatar's sovereign wealth fund.More >>
Futures rising ahead of Fed's 2-day policy meeting
Futures rising ahead of Fed's 2-day policy meeting
U.S. stock futures are rising sharply ahead of this week's two-day policy meeting of the U.S. Federal Reserve.More >>
U.S. stock futures are rising sharply ahead of this week's two-day policy meeting of the U.S. Federal Reserve.More >>
Canada to provide $98.4 million in aid to Jordan
Canada to provide $98.4 million in aid to Jordan
Canada has pledged an additional $98.4 million to Jordan to help the Arab country cope with the costly fallout from the worsening crisis next door in Syria, its foreign affairs minister said in a statement Monday.More >>
Canada has pledged an additional $98.4 million to Jordan to help the Arab country cope with the costly fallout from the worsening crisis next door in Syria, its foreign affairs minister said in a statement Monday.More >>
Union ratchets up pressure on Amazon Germany
Union ratchets up pressure on Amazon Germany
Union members at online retailer Amazon's German operations have begun a two-day strike to ratchet up pressure on the company over pay demands.More >>
Union members at online retailer Amazon's German operations have begun a two-day strike to ratchet up pressure on the company over pay demands.More >>
Canada to provide $ 98.4 million in aid to Jordan
Canada to provide $ 98.4 million in aid to Jordan
Canada will give Jordan an additional $98.4 million in aid to help the Arab country cope with the costly fallout from the worsening crisis in neighboring Syria.More >>
Canada will give Jordan an additional $98.4 million in aid to help the Arab country cope with the costly fallout from the worsening crisis in neighboring Syria.More >>
Little joy in Croatia as it enters the EU
Little joy in Croatia as it enters the EU
There will be festivities and fireworks, but Kata Secic can't muster much enthusiasm for Croatia's historic entry into the European Union.More >>
There will be festivities and fireworks, but Kata Secic can't muster much enthusiasm for Croatia's historic entry into the European Union.More >>
Jay-Z announces new album with Samsung deal
Jay-Z announces new album with Samsung deal
Jay-Z is teaming up with Samsung to release his new album, unveiling a three-minute commercial during the NBA finals on Sunday and announcing a deal that will give the music to 1 million users of Galaxy mobile phones.More >>
Jay-Z is teaming up with Samsung to release his new album, unveiling a three-minute commercial during the NBA Finals on Sunday and announcing a deal that will give the music to 1 million users of Galaxy mobile phones.More >>
Obama takes economic, foreign policy agenda to UK
Obama takes economic, foreign policy agenda to UK
President Barack Obama is taking a security, foreign policy and economic agenda to Northern Ireland for a meeting with heads of the leading industrial nations.More >>
President Barack Obama is taking a security, foreign policy and economic agenda to Northern Ireland for a meeting with heads of the leading industrial nations.More >>
G-8 leaders to mull Syria, tax evasion, free trade
G-8 leaders to mull Syria, tax evasion, free trade
Northern Ireland police commanders says they're optimistic that the G-8 summit will pass peacefully, with only 2,000 protesters expected to travel to the remote lakeside venue for the main demonstration.More >>
Police are expected to outnumber protesters Monday at the G-8 summit in Northern Ireland, where leaders will seek to narrow their differences on Syria's civil war, promoting freer trade between Europe and North America,...More >>
Is it a bird? A plane? No, it's a G-8 drone
Is it a bird? A plane? No, it's a G-8 drone
Northern Ireland police have a new eye in the sky just in time for the G-8 summit of world leaders. A unit of surveillance drones will be used here for the first time to keep tabs on protest marches and scan the...More >>
Northern Ireland police have a new eye in the sky just in time for the G-8 summit of world leaders. A unit of surveillance drones will be used here for the first time to keep tabs on protest marches and scan the countryside...More >>
AP Analysis: Iran president may help shield rulers
AP Analysis: Iran president may help shield rulers
For a lesson in what Hasan Rowhani's reformist-backed presidency could mean for Iran, a promise Sunday by the ultra-powerful Revolutionary Guard to cooperate with him is a good guide.More >>
For a lesson in what Hasan Rowhani's reformist-backed presidency could mean for Iran, a promise Sunday by the ultra-powerful Revolutionary Guard to cooperate with him is a good guide.More >>
Paris Air Show peek: Wide-body battle and drones
Paris Air Show peek: Wide-body battle and drones
The Paris Air Show, which opens for business on Monday Jun. 17, brings hundreds of aircraft to the skies around the French capital, the usual tense competition between aircraft manufacturers Boeing and Airbus, and a...More >>
The Paris Air Show, which opens for business on Monday, brings hundreds of aircraft to the skies around the French capital, the usual tense competition between aircraft manufacturers Boeing and Airbus, and a slew of...More >>
'Man of Steel' takes flight with $125M debut
'Man of Steel' takes flight with $125M debut
By DERRIK J. LANG AP Entertainment Writer "Man of Steel" leaped over box office expectations in a single weekend.More >>
"Man of Steel" leaped over box office expectations in a single weekend.More >>
Moderate Iranian leader could hinder Israel
Moderate Iranian leader could hinder Israel
A senior Israeli official says international sanctions are still needed to pressure Tehran over its nuclear program, despite the election of a reformist-backed president.More >>
The surprising victory of a reformist candidate in Iran's presidential election has put Israel in a difficult position as it tries to halt the Iranian nuclear program: With Hasan Rowhani likely to enjoy an international...More >>
Iran's president-elect says economy will take time
Iran's president-elect says economy will take time
Iran's stock exchange is climbing for the second continuous day following the surprise election of a reformist-backed president.More >>
Iran's newly elected reformist-backed president said Sunday that the country's dire economic problems cannot be solved "overnight," as he took his first steps in consulting with members of the clerically dominated...More >>
Israeli, Palestinian finance ministers meet
Israeli, Palestinian finance ministers meet
Israeli and Palestinian finance ministers have agreed on a series of economic cooperation projects.More >>
Israeli and Palestinian finance ministers have agreed on a series of economic cooperation projects.More >>
G8 faces uncertain recoveries, turbulent markets
G8 faces uncertain recoveries, turbulent markets
Europe is mired in debt and recession. Financial markets have hit violent ups and downs on fears that U.S. stimulus efforts may soon be scaled back. Japan is finally looking up after years of stagnation - but it...More >>
Europe is mired in debt and recession. Financial markets have hit violent ups and downs on fears that U.S. stimulus efforts may soon be scaled back. Japan is finally looking up after years of stagnation - but it remains an...More >>
Beyond NYC: Other places adapting to climate, too
Beyond NYC: Other places adapting to climate, too
From Bangkok to Miami, cities and coastal areas across the globe are already building or planning defenses to protect millions of people and key infrastructure from more powerful storm surges and other effects of...More >>
From Bangkok to Miami, cities and coastal areas across the globe are already building or planning defenses to protect millions of people and key infrastructure from more powerful storm surges and other effects of global...More >>
Google begins launching Internet-beaming balloons
Google begins launching Internet-beaming balloons
Google is launching Internet-beaming antennas into the stratosphere aboard giant, jellyfish-shaped balloons with the lofty goal of getting the entire planet online.More >>
Google is launching Internet-beaming antennas into the stratosphere aboard giant, jellyfish-shaped balloons with the lofty goal of getting the entire planet online.More >>
For Belfast, keeping peace means a city of walls
For Belfast, keeping peace means a city of walls
When President Obama comes to Belfast, he's expected to praise a country at peace and call for walls that separate Irish Catholics and British Protestants to come tumbling down.More >>
When President Obama comes to Belfast, he's expected to praise a country at peace and call for walls that separate Irish Catholics and British Protestants to come tumbling down.More >>
Shipping magnate Paul Soros dies in NYC at 87
Shipping magnate Paul Soros dies in NYC at 87
Paul Soros, a successful innovator in shipping, philanthropist and the older brother of billionaire financier George Soros, died in New York City on Saturday after a long bout with a host of illnesses, said his son...More >>
Paul Soros, a successful innovator in shipping, philanthropist and the older brother of billionaire financier George Soros, died in New York City on Saturday after a long bout with a host of illnesses, said his son Peter...More >>
Russian tycoon wants to move mind to machine
Russian tycoon wants to move mind to machine
Can the City That Never Sleeps become the City That Never Dies? A Russian multimillionaire thinks so.More >>
Can the City That Never Sleeps become the City That Never Dies? A Russian multimillionaire thinks so.More >>
Key issues facing Iran
Key issues facing Iran
By The Associated Press The following are the main domestic and international issues facing Iran's incoming president, Hasan Rowhani:More >>
By The Associated Press The following are the main domestic and international issues facing Iran's incoming president, Hasan Rowhani:More >>
Panama's boom helps drive Nicaragua canal dreams
Panama's boom helps drive Nicaragua canal dreams
Curundu used to be a warren of ramshackle wooden houses and reeking open sewers, one of Panama City's most notorious refuges for street gangs and drug dealers.More >>
Curundu used to be a warren of ramshackle wooden houses and reeking open sewers, one of Panama City's most notorious refuges for street gangs and drug dealers.More >>
Iran market welcomes partial election results
Iran market welcomes partial election results
Iran's stock exchange and currency markets reacted positively to early election results showing moderate candidate Hasan Rowhani taking a wide lead.More >>
Iran's stock exchange and currency markets reacted positively to early election results showing moderate candidate Hasan Rowhani taking a wide lead.More >>
UK territories sign on to tax-avoidance crackdown
UK territories sign on to tax-avoidance crackdown
U.K. Prime Minister David Cameron has pledged to "sweep away" tax secrecy in Britain as he meets with leaders to urge more action against tax evasion and avoidance.More >>
U.K. Prime Minister David Cameron struck a deal Saturday with leaders of Britain's overseas territories to share tax information - a move he heralded as a "positive step forward" on an issue at the forefront of next...More >>
Obama takes bolder Syria stand as G-8 talks open
Obama takes bolder Syria stand as G-8 talks open
After months of caution, President Barack Obama suddenly is positioned more aggressively on Syria than the global leaders he's joining at a summit Monday, now that he has authorized weapons and ammunition...More >>
After months of caution, President Barack Obama suddenly is positioned more aggressively on Syria than the global leaders he's joining at a summit Monday, now that he has authorized weapons and ammunition shipments to...More >>
Pope taps trusted prelate to oversee Vatican bank
Pope taps trusted prelate to oversee Vatican bank
Pope Francis has taken his first major step in reforming the troubled Vatican bank by tapping a trusted prelate to oversee its management.More >>
Pope Francis took a first big step in reforming the troubled Vatican bank on Saturday by tapping a trusted prelate to help oversee its management, in a sign he wants to know more about its activities.More >>
Web giants get broader surveillance revelations
Web giants get broader surveillance revelations
Facebook and Microsoft Corp. representatives said that after negotiations with national security officials their companies have been given permission to make new but still very limited revelations about government...More >>
Facebook and Microsoft Corp. representatives said that after negotiations with national security officials their companies have been given permission to make new but still very limited revelations about government orders to...More >>
Google launches Internet-beaming balloons
Google launches Internet-beaming balloons
Google is launching Internet-beaming antennas into the stratosphere aboard giant, jellyfish-shaped balloons with the lofty goal of getting the entire planet online.More >>
Wrinkled and skinny at first, the translucent, jellyfish-shaped balloons that Google released this week from a frozen field in the heart of New Zealand's South Island hardened into shiny pumpkins as they rose into the...More >>
Explosions remind La. that plants not always safe
Explosions remind La. that plants not always safe
By JEFF AMY Associated Press By some measures, chemical plants like the one where a fatal explosion happened Thursday in Louisiana are among the safest manufacturing workplaces in America.More >>
By JEFF AMY Associated Press By some measures, chemical plants like the sites of separate fatal explosions this week in Louisiana are among the safest manufacturing workplaces in America. That doesn't...More >>
A look at Google's Internet-beaming balloons
A look at Google's Internet-beaming balloons
By The Associated Press Google is experimenting with balloons that beam the Internet from the sky.More >>
By The Associated Press Google is experimenting with balloons that beam the Internet from the sky.More >>
Whole Foods revises employee language policy
Whole Foods revises employee language policy
Facing threats of national boycotts from Latino groups and a slew of online petitions, Whole Foods announced Friday that the organic grocery chain has revised its employee language policy following the suspension of...More >>
Facing threats of national boycotts from Latino groups and a slew of online petitions, Whole Foods announced Friday that the organic grocery chain has revised its employee language policy following the suspension of two...More >>
Less US urgency at G-8 in call for European growth
Less US urgency at G-8 in call for European growth
A year after President Barack Obama made an emphatic pitch to Europe's economic powers to focus more on economic growth than austerity, much of the eurozone remains mired in or near recession. Obama's appeals...More >>
When leaders of the nation's biggest economies gathered at the presidential retreat of Camp David last year, European elections had rattled the continent with a rejection of austerity measures. President Barack Obama was...More >>
EU gets deal on trans-Atlantic trade pact mandate
EU gets deal on trans-Atlantic trade pact mandate
France enters a key meeting of European Union trade ministers bent on keeping its cultural life out of forthcoming trans-Atlantic free trade talks, a move that could delay the formal start of discussions next week.More >>
The European Union worked around French objections on Friday to agree on a free trade negotiating mandate for sweeping talks with the United States that President Barack Obama wants to officially open next week.More >>
Microsoft brings Office to iPhone, but not tablets
Microsoft brings Office to iPhone, but not tablets
Microsoft's Office software package is coming to the iPhone for the first time Friday, offering people the ability to read and edit their text documents, spreadsheets and slide presentations at the doctor's...More >>
Even as a pared-down version of Microsoft's Office software package arrived on the iPhone, the company is holding out on extending that to the iPad and Android devices as it tries to boost sales of tablet computers...More >>
Help wanted: Lululemon's cheeky CEO ad
Help wanted: Lululemon's cheeky CEO ad
Lululemon has had a rocky few months. Now it's looking for help. According to a new CEO job ad it's posted, it's seeking a leader who can hold a headstand for at least 10 minutes, communicate in Sanskrit...More >>
If you can hold a headstand for at least 10 minutes, communicate in Sanskrit and enjoy downing wheatgrass and tequila shots on Fridays for work-life balance, Lululemon has a job for you.More >>
Investor in Grand Canyon Skywalk dies at 51
Investor in Grand Canyon Skywalk dies at 51
A Las Vegas businessman who developed the Grand Canyon Skywalk glass bridge in northwestern Arizona and later became entangled in legal battles about it has died in Los Angeles, a company representative said Friday.More >>
A Las Vegas businessman who developed the Grand Canyon Skywalk glass bridge in northwestern Arizona and later became entangled in legal battles about it has died in Los Angeles, a company representative said Friday.More >>
Emergency manager: Detroit won't pay $2.5B it owes
Emergency manager: Detroit won't pay $2.5B it owes
A team led by a state-appointed emergency manager said Friday that Detroit is defaulting on about $2.5 billion in unsecured debt and is asking creditors to take about 10 cents on the dollar of what the city owes them.More >>
A team led by a state-appointed emergency manager said Friday that Detroit is defaulting on about $2.5 billion in unsecured debt and is asking creditors to take about 10 cents on the dollar of what the city owes them.More >>
Jeb Bush: Immigrants 'more fertile,' fuel economy
Jeb Bush: Immigrants 'more fertile,' fuel economy
Former Florida Gov. Jeb Bush says the future of the American economy depends on immigrants.More >>
Former Florida Gov. Jeb Bush told religious conservatives Friday that the future of the nation's economy depends upon immigrants in part because they "are more fertile" and create more businesses than native-born...More >>
Smithfield Foods' 4Q profit falls 63 percent
Smithfield Foods' 4Q profit falls 63 percent
Pork producer Smithfield Foods says its net income fell nearly 63 percent in the fourth quarter as it experienced lower hog prices, higher feed costs and a decline in exports to China and Russia.More >>
Pork producer Smithfield Foods Inc.'s profit sank nearly 63 percent in the fourth quarter as feed costs rose and its exports to China and Russia declined.More >>
Disappointing reports help push US stocks down
Disappointing reports help push US stocks down
Stocks edged lower in the early going on Wall Street Friday as trading quieted down at the end of a turbulent week.More >>
Disappointing reports about the U.S. economy helped push the stock market lower on Friday.More >>
Oil price highest since January on Syria concerns
Oil price highest since January on Syria concerns
Oil rose to the highest level since January amid concerns about a possible escalation in Syria's civil war.More >>
Oil rose to the highest level since January amid concerns about a possible escalation in Syria's civil war.More >>
Chrysler freezes pension plan for 8,000 employees
Chrysler freezes pension plan for 8,000 employees
By The Associated Press Chrysler Group LLC says it is freezing the pension of roughly 8,000 U.S. salaried employees at the end of the year.More >>
By SARAH SKIDMORE Associated Press Chrysler Group LLC said Friday that it is freezing the pensions of roughly 8,000 U.S. salaried employees at the end of the year.More >>
Greek PM raises stakes on broadcaster's closure
Greek PM raises stakes on broadcaster's closure
The head of Europe's public broadcasters has arrived in Greece to show support for 2,600 fired state TV and radio staff and demand that the country's conservative government put the stations back on the air.More >>
Greece's prime minister has raised the stakes in a fight with key government allies over his decision to shut "sinful" state-run TV, offering a minor compromise while suggesting he would risk early elections unless they...More >>
Disappointing reports push down US stocks
Disappointing reports push down US stocks
Stocks are ending a choppy week lower after disappointing reports on the U.S. economy.More >>
Stocks are ending a choppy week lower after disappointing reports on the U.S. economy.More >>
First flight of Airbus A350 reopens wide-body race
First flight of Airbus A350 reopens wide-body race
The Airbus A350 has taken off on its maiden flight, setting the stage for intensifying competition with U.S. rival Boeing in the long-haul wide-body aircraft market.More >>
Airbus sent a new wide-body plane into the skies Friday that sets the stage for intensifying competition with U.S. rival Boeing - with consequences for jobs, airlines' investments and the reputations of the powerful...More >>
2nd victim dies after blast at La. chemical plant
2nd victim dies after blast at La. chemical plant
Officials from the south Louisiana chemical plant where an explosion and fire killed one worker and injured dozens say a crew is securing equipment and making sure the plant is shut down properly.More >>
Authorities say a second victim has died after an explosion and fire at a south Louisiana chemical plant.More >>
Europe seeks ways to ease youth unemployment
Europe seeks ways to ease youth unemployment
Economic and labor ministers from France, Germany, Italy and Spain are meeting in Rome to find a way to reduce record youth unemployment.More >>
Germany, France, Italy and Spain agreed Friday to find ways to help small- and medium-sized companies as part of a broader plan to create badly needed jobs for young people.More >>
World stocks mixed as Asia rebounds
World stocks mixed as Asia rebounds
Asian stocks rebounded Friday from Tokyo's sharp decline after investors were encouraged by positive U.S. economic news.More >>
Global stocks were mixed Friday as Asia rebounded from a sharp selloff, with U.S. markets losing early gains after unimpressive economic data and a warning from the International Monetary Fund on growth.More >>
Drugmaker Elan plans to explore sale of company
Drugmaker Elan plans to explore sale of company
By The Associated Press Drugmaker Elan says it will explore a possible sale of the company after fending off several takeover bids this year from Royalty Pharma.More >>
By TOM MURPHY AP Business Writer Shares of Elan Corp PLC jumped Friday after the drugmaker said it will explore a possible sale of the company while its board continues to fend off a hostile takeover bid...More >>
IMF: US economy improving but spending cuts a drag
IMF: US economy improving but spending cuts a drag
The International Monetary Fund says the U.S. economy is on sounder footing than it was a year ago but is still being restrained by government spending cuts and tax increases.More >>
The U.S. economy is on sounder footing than it was a year ago but is still being restrained by government spending cuts and tax increases, the International Monetary Fund said Friday.More >>
US stocks move lower at the end of a volatile week
US stocks move lower at the end of a volatile week
Stocks are turning lower in midday trading on Wall Street at the end of a volatile week.More >>
Stocks are turning lower in midday trading on Wall Street at the end of a volatile week.More >>
Defected Cuban dancers adjust to U.S., seek work
Defected Cuban dancers adjust to U.S., seek work
They practice in the back of a dance studio next to a Wendy's restaurant in a strip mall in Miami. Six ballet dancers leap across the floor, hidden from view from the mothers watching their daughters in pink...More >>
They practice in the back of a dance studio next to a Wendy's restaurant in a strip mall. Six ballet dancers leap across the floor, hidden from view from the mothers watching their daughters in pink leotards in a front...More >>
EgyptAir lost around $185 million last fiscal year
EgyptAir lost around $185 million last fiscal year
Egypt's civil aviation minister says the national airline lost an estimated 1.3 billion Egyptian pounds, or around $185 million, over the last fiscal year.More >>
Egypt's civil aviation minister says the national airline lost an estimated 1.3 billion Egyptian pounds, or around $185 million, over the last fiscal year.More >>
US factory output rises just 0.1 percent in May
US factory output rises just 0.1 percent in May
U.S. factories barely increased their output in May after two months of declines, a sign that manufacturing is providing little support for the economy.More >>
U.S. factories barely increased their output in May after two months of declines, a sign that manufacturing is providing little support for the economy.More >>
US stocks little changed at end of a volatile week
US stocks little changed at end of a volatile week
Stocks are little changed in the early going on Wall Street as trading quieted down at the end of a turbulent week.More >>
Stocks are little changed in the early going on Wall Street as trading quieted down at the end of a turbulent week.More >>
US wholesale prices rise 0.5 percent in May
US wholesale prices rise 0.5 percent in May
A rise in food and gas costs drove a measure of wholesale prices up sharply in May. But outside those volatile categories, inflation was mild.More >>
A rise in food and gas costs drove a measure of wholesale prices up sharply in May. But outside those volatile categories, inflation was mild.More >>
Futures fall to end volatile trading week
Futures fall to end volatile trading week
Stock futures are fluctuating in a narrow range on the final day of trading in what has been a tremendously volatile week.More >>
Stock futures slipped in light volume Friday to cap a tremendously volatile week of trading. A new report showed that U.S. wholesale prices rose more than expected last month.More >>
Oil tops $97 amid Syria worries, ahead of US data
Oil tops $97 amid Syria worries, ahead of US data
Oil prices fell slightly Friday as traders awaited the release of industrial production data from the U.S. later in the day.More >>
By PABLO GORONDI Associated Press The price of oil rose past $97 a barrel Friday amid concerns about a possible escalation in Syria's civil war while traders awaited the release of several reports on...More >>
Businesses await relief as Japan OKs reform plan
Businesses await relief as Japan OKs reform plan
As new orders for his hydraulic cylinders pile in, factory owner Kazushi Nomura says he is hopeful Japan's economy may be headed for a solid recovery.More >>
As new orders for his hydraulic cylinders pile in, factory owner Kazushi Nomura says he is hopeful Japan's economy may be headed for a solid recovery.More >>
Bank of England deputy governor to step down
Bank of England deputy governor to step down
The Bank of England says its deputy governor Paul Tucker will step down later this year after more than 30 years with the central bank.More >>
The Bank of England says its deputy governor Paul Tucker will step down later this year after more than 30 years with the central bank.More >>
Spain's public debt hits record high
Spain's public debt hits record high
Spain's central bank says the country's public debt burden rose to a record 88.2 percent of gross domestic product at the end of the first quarter.More >>
Spain's central bank says the country's public debt burden rose to a record 88.2 percent of gross domestic product at the end of the first quarter.More >>
Grocers allege potato group pumped up spud prices
Grocers allege potato group pumped up spud prices
A battle between grocers and potato growers has been silently hitting shoppers' pocketbooks, according to a U.S. wholesaler accusing America's spud farmers of driving up prices while spying on farmers with...More >>
A battle between grocers and potato growers has been silently hitting shoppers' pocketbooks, according to a U.S. wholesaler accusing America's spud farmers of driving up prices while spying on farmers with satellites...More >>
Key issues facing Iran
Key issues facing Iran
By The Associated Press Main domestic and international issues facing Iran in its Friday presidential election:More >>
By The Associated Press Main domestic and international issues facing Iran in its Friday presidential election:More >>
Iran's political hierarchy
Iran's political hierarchy
By The Associated Press A look at the political power structure in Iran.More >>
By The Associated Press A look at the political power structure in Iran.More >>
Euro fund chief: do without IMF in long term
Euro fund chief: do without IMF in long term
The head of Europe's bailout fund says the region should eventually aim to do without help from the International Monetary Fund.More >>
The head of Europe's bailout fund says the region should eventually aim to do without help from the International Monetary Fund.More >>
Nicaragua OKs rival to Panama Canal; study begins
Nicaragua OKs rival to Panama Canal; study begins
In a matter of weeks, a little-known Chinese tycoon has hired some of the world's top experts in mammoth infrastructure projects and pushed through Nicaragua's congress a bill granting him the exclusive right...More >>
In a matter of weeks, a little-known Chinese tycoon has hired some of the world's top experts in mammoth infrastructure projects and pushed through Nicaragua's congress a bill granting him the exclusive right to...More >>
Asian stocks rebound after Tokyo drop
Asian stocks rebound after Tokyo drop
Asian stock markets endured sharp losses Thursday as gyrations on the Tokyo market, the region's biggest, continued - fueled by worries about a surging yen and monetary policies in the U.S.More >>
Asian stocks rebounded Friday from Tokyo's sharp decline after investors were encouraged by positive U.S. economic news.More >>
Hillary Clinton turning toward nonprofit world
Hillary Clinton turning toward nonprofit world
Hillary Rodham Clinton says she is excited to call the Clinton Foundation "my home" for a number of new initiatives at the organization founded by her husband, former President Bill Clinton.More >>
As she considers another White House bid, Hillary Rodham Clinton intends to work in the nonprofit world on issues like improving early childhood education, promoting the rights of women and girls, and finding ways to improve...More >>
Prosecutors push for anti-phone theft measures
Prosecutors push for anti-phone theft measures
Top prosecutors in San Francisco and New York are set to announce the formation of a nationwide initiative and coalition of police, prosecutors and other officials in an attempt to stop a surge in smartphone thefts.More >>
Law enforcement officials nationwide are demanding the creation of a "kill switch" that would render smartphones inoperable after they are stolen, New York's top prosecutor said Thursday in a clear warning to the...More >>
Coty falls in 1st day trading as a public company
Coty falls in 1st day trading as a public company
Shares of beauty products company Coty dipped slightly in their first day of trading on the New York Stock Exchange.More >>
Shares of beauty products company Coty dropped in their first day of trading on the New York Stock Exchange.More >>
Grocers allege potato group pumped up spud prices
Grocers allege potato group pumped up spud prices
A U.S. wholesale grocer says America's potato farmers have run an illegal price-fixing cartel for a decade, driving up spud prices while spying on farmers with satellites and aircraft fly-overs to enforce strict...More >>
A battle between grocers and potato growers has been silently hitting shoppers' pocketbooks, according to a U.S. wholesaler accusing America's spud farmers of driving up prices while spying on farmers with satellites...More >>
DuPont dampens 2013 net income expectations
DuPont dampens 2013 net income expectations
Chemicals maker DuPont says it will reach only the low end of its net income forecast in 2013 because of the cool, wet spring weather, which is expected to reduce farmers' harvests.More >>
Chemicals maker DuPont says it will reach only the low end of its net income forecast in 2013 because of the cool, wet spring weather, which is expected to reduce farmers' harvests.More >>

Top Business Headlines From the New York Times

Business & economy news - CBS4 - WHBF Quad Cities, IL-IA News Weather Sports

Business News

BusinessMore>>