Latest Breaking News

AP News - 21 hours ago

ABU DHABI, United Arab Emirates (AP) — The United Arab Emirates might not seem like an obvious spot to begin and end a globe-spanning flight promoting renewable energy.It is OPEC's fourth biggest oil producer, after all, where gas guzzlers rule ...more

AP News - 22 hours ago

LONDON (AP) — BP's second-quarter earnings fell 45 percent as lower oil prices hit the British energy company.Underlying replacement cost profit, which excludes one-time items and fluctuations in the value of inventories, fell to $720 million fr ...more

AP News - 22 hours ago

SEOUL, South Korea (AP) — Hyundai Motor Co. has reported a tenth straight quarterly profit decline due to weak demand for passenger sedans and higher marketing expenses for its luxury brand, despite improved China sales.South Korea's largest aut ...more

AP News - Jul 26, 2016 12:30 AM

SEOUL, South Korea (AP) — South Korea's economic growth has improved during the second quarter thanks to stronger private consumption and increased housing construction.Bank of Korea said Tuesday that Asia's fourth-largest economy expanded 3.2 p ...more

AP News - Jul 25, 2016 11:46 PM

BEIJING (AP) — Chinese stocks gained Tuesday but other Asian markets fell after Wall Street declined on losses for energy stocks.KEEPING SCORE: The Shanghai Composite Index gained 0.5 percent to 3,028.56 and Hong Kong's Hang Seng advanced 0.7 pe ...more

AP News - Jul 25, 2016 10:56 PM

CARACAS, Venezuela (AP) — Venezuela is getting some financial relief as it burns through foreign reserves to pay for imports of badly needed food and medicine.On Monday, the Latin American Reserve Fund said it approved a three-year-loan of $482 ...more

AP News - Jul 25, 2016 9:06 PM

ABU DHABI, United Arab Emirates (AP) — The world's first round-the-world flight to be powered solely by the sun's energy made history Tuesday as it landed in Abu Dhabi, where it first took off on an epic 25,000-mile (40,000-kilometer) journey that bega ...more

AP News - Jul 25, 2016 7:33 PM

NEW YORK (AP) — WNBA President Lisa Borders says she hopes that rescinding the fines the league imposed over black warmup shirts worn in solidarity for shooting victims will lead to a fresh start on social activism for the players and their union.< ...more

AP News - Jul 25, 2016 6:46 PM

NEW YORK (AP) — The NFL and the players association have announced a new policy regarding game-day concussion protocol and discipline for clubs that violate the procedure.Under the new policy jointly announced Monday, the NFL and NFLPA "will fol ...more

AP News - Jul 25, 2016 5:46 PM

WASHINGTON (AP) — Interest rates on short-term Treasury bills were mixed in Monday's auction, with the rate on three-month bills unchanged and the rate on six-month bills falling to their lowest point in two weeks.The Treasury Department auction ...more

AP News - Jul 25, 2016 5:19 PM

TOKYO (AP) — Japanese electronics maker Funai Electric Co. says it's yanking the plug on the world's last video cassette recorder.A company spokesman, who requested anonymity citing company practice, confirmed Monday that production will end som ...more

AP News - Jul 25, 2016 4:47 PM

Stocks that moved substantially or traded heavily on Monday:Sprint Corp., up $1.28 to $5.90The wireless carrier took a smaller loss than expected and its revenue came in above Wall Street projections.G-III Apparel Group Inc., down ...more

AP News - Jul 25, 2016 3:04 PM

WASHINGTON (AP) — Britain's decision to quit the European Union has elevated the risks to U.S. financial stability, though they remain moderate, U.S. Treasury Department experts say.The report issued Monday by Treasury's Office of Financial Rese ...more

AP News - Jul 25, 2016 1:22 PM

ANKARA, Turkey (AP) — Turkish Airlines says it has terminated the contracts of 211 employees, joining a government purge of people suspected of links to a U.S.-based cleric whom authorities accuse of orchestrating Turkey's failed coup.The nation ...more

AP News - Jul 25, 2016 12:30 PM

BUCHAREST, Romania (AP) — Romanian border police have confiscated thousands of packs of cigarettes which apparently were dropped in a field from a powered hang glider.The Interior Ministry said Monday that police discovered 10 boxes containing 5 ...more

AP News - Jul 25, 2016 12:24 PM

WARRI, Nigeria (AP) — Oil militants say they have blown up a gas pipeline in Nigeria's southeastern Akwa Ibom state, but police blamed the explosion on a technical failure.The state-owned pipeline carries gas used to generate electricity for ind ...more

AP News - Jul 25, 2016 10:40 AM

CHICAGO (AP) — Grain futures were mostly lower Monday in early trading on the Chicago Board of Trade.Wheat for Sept. delivery was 4.50 cents a bale higher at $4.2960 a bushel; Sept. corn was 4.25 cents lower at $3.3060 bushel; Sept. oats was .50 ...more

AP News - Jul 25, 2016 7:14 AM

TOKYO (AP) — Global stocks mostly rose Monday as investors looked ahead to key policy meetings by the central banks of the United States and Japan this week.KEEPING SCORE: France's CAC 40 rose 0.6 percent to 4,408, while Germany's DAX added 0.9 ...more

AP News - Jul 25, 2016 5:11 AM

BERLIN (AP) — A closely watched index of German business optimism declined only slightly in July following Britain's vote to leave the European Union.The Ifo institute's business climate index published Monday sunk to 108.3 points from 108.7 in ...more

AP News - Jul 25, 2016 5:00 AM

HELSINKI (AP) — Hans Vestberg has stepped down as CEO and president of telecoms company Ericsson as the company struggles to improve earnings amid tightening competition.The Swedish wireless equipment maker says that Vestberg is leaving all assi ...more

AP News - Jul 25, 2016 4:29 AM

TOKYO (AP) — Japan posted a better-than-expected trade surplus in June, as imports fell nearly 19 percent, outpacing a more modest decline in exports.The customs data released Monday showed a 692.8 billion yen ($6.5 billion) surplus, compared wi ...more

AP News - Jul 25, 2016 1:04 AM

NEW YORK (AP) — The Seattle Seahawks have extended the contract of general manager John Schneider.Team owner Paul Allen announced the deal on Twitter on Sunday night, saying "@Seahawks extend top GM John Schneider, key architect of our roster... ...more

AP News - Jul 25, 2016 12:37 AM

TOKYO (AP) — Japanese electronics maker Funai Electric Co. says it's yanking the plug on the world's last video cassette recorder.A company spokesman, who requested anonymity citing company practice, confirmed Monday that production will end som ...more

AP News - Jul 24, 2016 11:07 PM

LEHI, Utah (AP) — Nicholas Lindheim won the Utah Championship on Sunday for his first Web.com Tour title and a likely spot next season on the PGA Tour.The 31-year-old Californian closed with a 3-under 69 at Thanksgiving Point to finish at 15-und ...more

AP News - Jul 24, 2016 9:25 PM

RIO DE JANEIRO (AP) — Australia's Olympic team leader is keeping the delegation's 700 athletes or staff out of the Athletes Village for at least two days, citing electrical and plumbing problems in the sprawling complex less than two weeks before the s ...more

TOWNHALL FINANCE DAILY

Get the best of Townhall Finance Daily delivered straight to your inbox

Follow Townhall Finance!


TOWNHALL MEDIA GROUP