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AP News - 20 hours ago

The price of oil fell near $102 a barrel Thursday, erasing gains from the day before.Benchmark U.S. crude for September delivery dropped $1.05 to $102.07 a barrel on the New York Mercantile Exchange. On Wednesday, the Nymex contract gained 73 ce ...more

AP News - 20 hours ago

Best-Selling Books Week Ended July 19th.FICTION1. "Four: A Divergent Collection" by Veronica Roth (Katherine Tegen Books)2. "The Book of Life" by Deborah Harkness (Viking)3. "The Heist" by Daniel Silva (Harper)4. "Inv ...more

AP News - 20 hours ago

NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:NYSERoyal Caribbean Cruises Ltd., up $4.33 to $60.56The cruise ship operator reported better-than ...more

AP News - 21 hours ago

CHICAGO (AP) — Grain futures were mixed Thursday on the Chicago Board of Trade.Wheat for Sept delivery was 2 cents lower at $5.2875 a bushel; Sept corn was 1 cent lower at 3.6150 a bushel; Dec oats were 1.75 cents higher at $3.26 a bushel; while ...more

AP News - 21 hours ago

NEW YORK (AP) — Wal-Mart is replacing the chief of its U.S. discount stores in what could be an indication that it's losing confidence that its largest business unit will rebound after more than a year of disappointing results.Greg Foran, who wa ...more

AP News - 21 hours ago

WASHINGTON, D.C. (AP) — The Food and Drug Administration is reviewing research data on what could become the first U.S.-approved "biosimilar" drug, a cheaper, sort-of generic version of a biologic drug.Five years after Congress passed a law allo ...more

AP News - 21 hours ago

WASHINGTON (AP) — The risk of losing your job is getting smaller and smaller.As the U.S. economy has improved and employers have regained confidence, companies have been steadily shedding fewer workers. Which is why applications for unemployment ...more

AP News - 21 hours ago

Gold is slipping to its lowest level in a month as signs of an improving economy lure traders into other investments.The gold contract for August delivery sank $13.90, or 1.1 percent, to settle at $1,290.80 an ounce Thursday. That's the lowest s ...more

AP News - 22 hours ago

WASHINGTON (AP) — Rep. Paul Ryan proposed a new plan Thursday to merge up to 11 anti-poverty programs into a single grant program for states that he said would allow more flexibility to help lift people out of poverty.Programs that would be merg ...more

AP News - 23 hours ago

OWINGS MILLS, Md. (AP) — Baltimore Ravens running back Ray Rice received a two-game suspension from the NFL on Thursday following his offseason arrest for domestic violence.Rice will miss the season opener against AFC North champion Cincinnati o ...more

AP News - 23 hours ago

WASHINGTON (AP) — Morgan Stanley has agreed to pay $275 million to settle U.S. civil charges that it misled investors about risky mortgage bonds it sold ahead of the 2008 financial crisis.The Securities and Exchange Commission announced the sett ...more

AP News - Jul 24, 2014 12:29 PM

DETROIT (AP) — Recall expenses chopped $1.5 billion from General Motors' bottom line in the second quarter, as it added up the costs of repairs for nearly 30 million cars and set aside funds to compensate victims of small-car crashes.The nation' ...more

AP News - Jul 24, 2014 12:21 PM

NEW YORK (AP) — If an iced coffee from Dunkin' Donuts is part of your afternoon routine, expect a nudge to buy a cookie or doughnut you didn't plan on.Dunkin' Brands CEO Nigel Travis said in a phone interview Thursday that the company is pushing ...more

AP News - Jul 24, 2014 12:16 PM

GENEVA (AP) — Swiss drugmaker Roche Holding AG on Thursday posted a net profit drop of 7 percent compared with a year ago, weighed down by a strong Swiss franc and charges from one of its diagnostic units.The world's biggest manufacturer of canc ...more

AP News - Jul 24, 2014 12:12 PM

NEW YORK (AP) — The stock market is rising at midday as a slew of companies report stronger earnings.The Dow Jones industrial average rose 14 points, or 0.1 percent, to 17,100 as of 12 p.m. Eastern time Thursday. The Standard & Poor's 500 in ...more

AP News - Jul 24, 2014 12:09 PM

DEARBORN, Mich. (AP) — Ford Motor Co. beat Wall Street's expectations in the second quarter as it chalked up a record profit in North America and made money in Europe for the first time in three years.But things will get leaner in the second hal ...more

AP News - Jul 24, 2014 12:03 PM

LONDON (AP) — Markets were solid Thursday as geopolitical tensions largely related to the downing of a Malaysia Airlines jet over Ukraine subsided somewhat and after further upbeat U.S. jobs data was offset somewhat by surprisingly weak homes data. ...more

AP News - Jul 24, 2014 12:00 PM

HELSINKI (AP) — There is life after mobile phones for Nokia.Shares in the Finnish wireless equipment maker surged Thursday after it reported higher profits and an improved earnings outlook in the wake of the sale to Microsoft of its troubled han ...more

AP News - Jul 24, 2014 11:35 AM

WASHINGTON (AP) — Sales of new U.S. homes plunged in June, a sign that real estate continues to be a weak spot in the economy.New home sales fell 8.1 percent last month to a seasonally adjusted annual rate of 406,000, the Commerce Department sai ...more

AP News - Jul 24, 2014 11:32 AM

WASHINGTON (AP) — Average U.S. long-term mortgage rates were stable to slightly higher this week, remaining near their lows for the year.Mortgage company Freddie Mac said Thursday that the nationwide average for a 30-year loan was 4.13 percent, ...more

AP News - Jul 24, 2014 11:24 AM

DALLAS (AP) — Southwest Airlines is reporting a record profit for the second quarter, more than doubling its earnings from a year ago.The company said it set records for passenger fares per mile and the percentage of seats sold on its planes dur ...more

AP News - Jul 24, 2014 10:59 AM

FORT WORTH, Texas (AP) — Profit and revenue are up at American Airlines, and the company will share some of the gains with shareholders.American Airlines Group Inc. said Thursday that it earned a record $864 million in the second quarter, up fro ...more

AP News - Jul 24, 2014 10:39 AM

CHICAGO (AP) — United Airlines is making money after a slow start to the year.The airline's net income in the second quarter hit $789 million, topping Wall Street expectations and marking a turnaround from the first quarter when United was the o ...more

AP News - Jul 24, 2014 9:14 AM

WASHINGTON (AP) — The number of people seeking U.S. unemployment benefits fell last week to its lowest level in more than eight years.Weekly applications for unemployment aid dropped 19,000 to a seasonally adjusted 284,000, the Labor Department ...more

AP News - Jul 24, 2014 9:04 AM

ST. PAUL, Minn. (AP) — 3M's second-quarter profit jumped 6 percent as sales surged across all its businesses.The maker of Post-it notes, industrial coatings and ceramics posted net income of $1.27 billion, or $1.91 per share, in the quarter endi ...more