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AP News - 23 hours ago

RICHMOND, Va. (AP) — Marlboro maker Altria Group Inc.'s profit rose slightly the third quarter as higher prices helped to offset decline in the number of cigarettes it sold.The owner of the nation's biggest cigarette maker, Philip Morris USA, po ...more

AP News - 23 hours ago

FRANKFURT, Germany (AP) — Automaker Volkswagen AG says net profit jumped 56 percent in the third quarter as the company saw more sales growth in China and a slowly recovering European auto market.The company reaffirmed its profit targets for the ...more

AP News - Oct 30, 2014 8:47 AM

PURCHASE, N.Y. (AP) — MasterCard's third-quarter net income rose thanks to continued volume growth as Americans grow more confident about the economy and appear less hesitant to use credit cards.The performance beat Wall Street expectations and ...more

AP News - Oct 30, 2014 8:34 AM

AMSTERDAM (AP) — Shell, Europe's largest oil producer, reported a dip in third quarter profit on Thursday, but said it has yet to feel the full impact of the recent slide in oil prices.As the company reported a 4.5 percent dip in third-quarter n ...more

AP News - Oct 30, 2014 8:31 AM

WASHINGTON (AP) — Applications for US unemployment benefits rise slightly but remain near 14-year low. ...more

AP News - Oct 30, 2014 8:30 AM

WASHINGTON (AP) — US economy grew at 3.5 percent rate in third quarter, boosted by exports and defense spending. ...more

AP News - Oct 30, 2014 7:19 AM

BEIJING (AP) — Lenovo Group announced the completion of its acquisition of Motorola Mobility from Google Inc. on Thursday in a move aimed at making the Chinese computer maker a global smartphone brand.The $2.9 billion purchase adds to a flurry o ...more

AP News - Oct 30, 2014 7:02 AM

LONDON (AP) — Barclays, Britain's second biggest bank by assets, set aside 500 million pounds ($805 million) on Thursday to cover possible penalties amid international probes into the alleged manipulation of foreign exchange markets.The provisio ...more

AP News - Oct 30, 2014 7:00 AM

DONETSK, Ukraine (AP) — Dark tunnels in the basement of a bombed-out hospital in the eastern city of Donetsk lead to a makeshift shelter. Opening the door hardly alleviates the gloom, for the only lighting inside is the flicker of handmade oil lamps.</ ...more

AP News - Oct 30, 2014 6:31 AM

FRANKFURT, Germany (AP) — German airline Deutsche Lufthansa AG has lowered its profit forecast for 2015 over concerns that the global economy may experience a downturn next year.Lufthansa had previously said it expected an operating profit of 2 ...more

AP News - Oct 30, 2014 6:28 AM

BERLIN (AP) — Germany's unemployment rate fell to 6.3 percent in October as the labor market in Europe's biggest economy continued to gain steam.The Federal Statistical Office said Thursday 2.733 million people were jobless in October, 75,000 fe ...more

AP News - Oct 30, 2014 5:59 AM

BEIJING (AP) — China says it will ease restrictions on credit cards in a move that might give Visa, MasterCard and other foreign competitors greater access to the Chinese market.Foreign companies will be allowed for the first time to apply to se ...more

AP News - Oct 30, 2014 5:28 AM

TEHRAN, Iran (AP) — Iranian authorities have foiled a sabotage attempt involving tanks used for the transportation of heavy water, a key component in nuclear reactors, an Iranian newspaper reported on Thursday.The independent Arman daily quoted ...more

AP News - Oct 30, 2014 5:17 AM

ANKARA, Turkey (AP) — A senior government official says hopes are fading for 18 miners trapped in a flooded coal mine in southern Turkey.Rescue workers are using huge pipes to pump water from 350 meters (380 yards) underground, but Energy Minist ...more

AP News - Oct 30, 2014 4:41 AM

MADRID (AP) — Spain's economy grew by 0.5 percent in the third quarter compared with the previous three months, its fifth consecutive quarterly growth.In provisional estimates released Thursday, the National Statistics Institute said the economy ...more

AP News - Oct 30, 2014 3:14 AM

WASHINGTON (AP) — It's taken years, but the U.S. economy may finally be reaching a sustainable cruising speed.Many economists predict that overall growth, as measured by the gross domestic product, reached a healthy 3 percent annual rate in the ...more

AP News - Oct 30, 2014 1:44 AM

SEOUL, South Korea (AP) — Samsung Electronics Co. admitted erring in its smartphone strategy and vowed Thursday to overhaul its handset lineup after profit from those devices tumbled last quarter to the lowest in more than three years.The South ...more

AP News - Oct 30, 2014 1:10 AM

KANSAS CITY, Mo. (AP) — For his final game as baseball commissioner, Bud Selig was able to see the low-budget Kansas City Royals compete with the high-spending San Francisco Giants for the title.Game 7 of the World Series on Wednesday night feat ...more

AP News - Oct 30, 2014 12:53 AM

BEIJING (AP) — Chinese search engine Baidu Inc. said Thursday its quarterly profit rose 27 percent as user traffic for its mobile operation surpassed passed its desktop computer-based search business.The Beijing-based company said it earned 3.9 ...more

AP News - Oct 30, 2014 12:04 AM

HONG KONG (AP) — Asian stock markets meandered Thursday while the dollar strengthened against other currencies after the Federal Reserve said it will end its stimulus program, as many had expected.KEEPING SCORE: Japan's benchmark Nikkei 225 inde ...more

AP News - Oct 29, 2014 8:52 PM

CLEVELAND (AP) — This will be a season opener unlike any other — one that also brings closure.Part homecoming, part family reunion, part revival meeting and a huge party rolled into one.When LeBron James takes the court on Thursday night ...more

AP News - Oct 29, 2014 7:13 PM

LOS ANGELES (AP) — Visa Inc.'s profit fell about 10 percent in its fiscal fourth quarter, weighed down by one-time litigation expenses.But the latest results beat Wall Street expectations and the Foster City, California, company also announced a ...more

AP News - Oct 29, 2014 4:56 PM

MILAN (AP) — Fiat Chrysler Automobiles announced Wednesday it will spin off sports car maker Ferrari into a separate company, a move to unlock the luxury brand's value and distinguish it from its mass-market parent.The spinoff aims to raise mone ...more

AP News - Oct 29, 2014 4:50 PM

WASHINGTON (AP) — Federal health regulators have approved the first vaccine to block a strain of bacteria that has caused sometimes deadly outbreaks of meningitis in college dormitories.The Food and Drug Administration said Wednesday it cleared ...more

AP News - Oct 29, 2014 4:44 PM

U.S. stocks closing slightly lower Wednesday after the Federal Reserve said it was shutting down a bond-buying program because the economy no longer needs as much help.The Dow Jones industrial average fell 31.44 points, or 0.2 percent, to 16,974 ...more