Business & economy news - New York News

Criticism mounting for Vikings, Adrian Peterson Video included

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For as long as he has been in the NFL, Adrian Peterson has been one of the most popular and marketable stars in the league, an approachable superstar with the kind of inspirational comeback story that made him an... More>>

Anheuser-Busch, McDonald's voice NFL disapproval

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By MAE ANDERSON The Associated Press Major sponsors including Anheuser-Busch are adding to the chorus of disapproval over the National Football League's recent scandals, but the companies are stopping... More>>

NASA picks Boeing and SpaceX to ferry astronauts

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NASA is a giant step closer to launching Americans again from U.S. soil. More>>

Landmark fracking study finds no water pollution

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The final report from a landmark federal study on hydraulic fracturing, or fracking, found no evidence that chemicals or brine water from the gas drilling process moved upward to contaminate drinking water at a site in... More>>

Congress: Safety agency mishandled GM recall

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Both houses of Congress scolded the nation's highway safety agency Tuesday over its tardy handling of a deadly problem with General Motors cars, questioning whether it is competent to guarantee the safety of... More>>

Stocks end higher as investors await news from Fed

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The stock market rose Tuesday as investors waited to find out when the Federal Reserve might raise interest rates. More>>

UPS expects to hire up to 95,000 seasonal workers

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UPS plans to hire up to 95,000 workers to help deliver packages during the busy holiday season - an increase from last year, when the company was caught unprepared for a boom in online shopping. More>>

New Jersey loses 4th casino as Trump Plaza closes

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Beset by crushing debt, fleeing customers and run-down facilities, Trump Plaza on Tuesday became the fourth casino in Atlantic City to shut down this year. More>>

'Minecraft' could boost Microsoft's mobile reach

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Microsoft's decision to spend $2.5 billion for the creator of the hit game "Minecraft" could help the Xbox maker grab attention on mobile phones, a new priority for the company. More>>

Self-driving cars now need a permit in California

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Computer-driven cars have been testing their skills on California roads for more than four years - but until now, the Department of Motor Vehicles wasn't sure just how many were rolling around. More>>

Poverty rate drops for the first time since 2006

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The poverty rate in the United States has dropped for the first time since 2006, bringing a bit of encouraging news about the nation's economy as President Barack Obama and Congress gear up for midterm elections. More>>

Jindal: Obama hasn't done enough to harness energy

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Louisiana Gov. Bobby Jindal said Tuesday that President Barack Obama's administration has become "science deniers," failing to do enough to harness the nation's energy potential. More>>

US stocks end higher ahead of Fed meeting results

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The stock market is closing broadly higher as investors await the results of a key meeting by the Federal Reserve. More>>

Russian billionaire placed under house arrest

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A billionaire Russian tycoon was placed under house arrest Tuesday in a money-laundering case that has drawn comparisons with a government crackdown on Russia's Yukos oil company more than a decade ago. More>>

Corinthian Colleges sued for predatory lending

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Corinthian Colleges is being sued by the federal Consumer Financial Protection Bureau for what it calls a "predatory lending scheme." More>>

Blacks, Hispanics have doubts about media accuracy

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A new study shows a large majority of African-American and Hispanic news consumers don't fully trust the media to portray their communities accurately, a statistic that could be troubling for the news industry as the... More>>

French prime minister wins confidence vote

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French Prime Minister Manuel Valls won a vote of confidence on Tuesday in a tense ballot, allowing him to push through economic reforms that have divided his Socialist Party. More>>

Ukraine lawmakers ratify landmark deal with Europe

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Ukraine moved to resolve months of crisis Tuesday by strengthening ties to Europe and loosening some controls over the country's rebellious eastern regions where it has been fighting Russian-backed separatists. More>>

EPA grants extension on power plant pollution plan

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The Environmental Protection Agency on Tuesday gave the public 45 more days to weigh in on a plan that would for the first time curb the pollution blamed for global warming from the nation's coal-fired power plants.... More>>

Speculation swirls over Fed language on rate hike

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When the Federal Reserve issues a policy statement after it meets this week, the financial world will be on high alert for two words: More>>

Apple: Record 4M orders of iPhones on 1st day

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Apple had more than 4 million advance orders of its new, larger iPhones in the first 24 hours, exceeding its initial supply, the company said Monday. More>>

Sides in Scottish referendum make final push

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The two sides in Scotland's independence debate scrambled Tuesday to convert undecided voters, with just two days to go until a referendum on separation. More>>

US stocks turn higher at midday

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U.S. stocks are turning higher at midday with energy companies leading the gains. More>>

Social Security resumes mailing benefit statements

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The Social Security Administration has resumed mailing statements to workers letting them know the estimated benefits they will get when they retire, the agency announced Tuesday. More>>

US CEOs less optimistic about hiring, spending

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Optimism among chief executives at the largest U.S. companies fell in the July-September quarter after reaching a two-year high in the previous quarter. More>>

Alibaba risk: China's rise leaves out investors

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American investors are clamoring to buy a stake in Chinese e-commerce giant Alibaba, which is launching what may prove the biggest initial public stock offering ever. More>>

German court lifts injunction banning Uber

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A court in Germany has lifted an emergency injunction that banned the ridesharing service Uber from operating anywhere in the country. More>>

Gilead to license generic version of Sovaldi

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By TOM MURPHY AP Business Writer Gilead Sciences has reached a deal with several generic drugmakers to produce a cheaper version of its popular, $1,000-per-pill hepatitis C drug Sovaldi for use in... More>>

US producer prices unchanged in August

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A measure of prices that producers receive for their goods and services was unchanged in August, the latest sign that inflation is in check. More>>

Oligarch buys Russia's most popular social media

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A media company owned by Kremlin-friendly oligarch Alisher Usmanov has splashed out $1.5 billion to gain full control of Russia's most popular social network, VKontakte, bringing an end to a months-long dispute that... More>>

US stocks open lower ahead of Fed meeting

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U.S. stocks are falling in early trading ahead of an important Federal Reserve meeting. More>>

Hertz adding Icahn-backed candidates to its board

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Dodging a proxy fight with billionaire Carl Icahn, Hertz has added three of his chosen candidates to the board. More>>

Scotland took long road to independence vote

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On Calton Hill, overlooking Edinburgh, stands Scotland's National Monument. A colonnade of classical stone pillars modeled on the Parthenon in Athens, it's grand, inspiring - and unfinished, ever since the money to... More>>

Dutch ease off austerity, will spend on military

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The Dutch government is presenting a budget for 2015 that for the first time in years will be focused less on financial austerity and more on security in light of international conflicts. More>>

Danish TDC to buy Norway's Get for $2.2 billion

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Danish TDC telecom group says it plans to acquire Norway's leading cable TV company Get AS, in a deal valued at 13.8 billion kroner ($2.2 billion). More>>

Ukraine, Scotland dent German investor optimism

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A key measure of German investor optimism fell in September for the ninth month in a row, dragged down by worries over the crisis in Ukraine, economic stagnation in Europe and the upcoming independence referendum in Scotland. More>>

Allergan agrees to move forward with meeting

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Allergan and Pershing Square have agreed on at least one step toward settling a fight over the makeup of the Botox-maker's board. More>>

China rig finds gas after Vietnam sea standoff

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The Chinese exploration rig at the center of a tense maritime standoff with Vietnam earlier this year has made its first deep sea gas discovery in the politically volatile South China Sea, state media announced Tuesday. More>>

Russian ruble drops to historic low amid sanctions

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Russia's currency dropped to an all-time low against the dollar on Tuesday as investors fret about long-term economic damage from Western sanctions. More>>

Drops in food, gas prices push UK inflation down

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Official figures show that inflation in the U.K. eased further below the Bank of England's target in August following falls in food and fuel prices. More>>

US tobacco growers brace for tougher competition

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Starting next month, America's remaining tobacco growers will be totally exposed to the laws of supply and demand. More>>

Scottish mistrust of Conservatives key in campaign

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With Thursday's referendum looming, proponents of Scottish independence are using one of the main weapons in their armory - Scotland's widespread mistrust of the Conservative Party. More>>

Concerns raised over 'Obamacare' abortion coverage

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A nonpartisan congressional agency is raising new questions about compliance with a key compromise on abortion that allowed the federal health care law to pass in 2010. More>>

Xi's India visit highlights changing power dynamic

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Chinese President Xi Jinping's trip to India this week highlights subtle shifts in the regional power dynamic that are bringing warmer ties between the two Asian giants, challenging China's traditional relationship... More>>

Odile slams Mexico's Baja California

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Odile weakened to a tropical storm Monday night after blazing a trail of destruction through Mexico's Baja California Peninsula that leveled everything from ramshackle homes to luxury hotels, and left entire... More>>

New questions over abortion coverage in health law

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A nonpartisan congressional agency is raising new questions about compliance with a key compromise on abortion that allowed the federal health care law to pass in 2010. More>>

US labor board orders CNN to rehire fired workers

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The National Labor Relations Board ruled against the CNN cable television network on Monday in an 11-year-old labor dispute, ordering the network to rehire or compensate about 300 former workers. More>>

Apple releases tool to remove free U2 album

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Some iPhone users are not happy that U2's new album, "Songs of Innocence," was automatically added to their iTunes music library, free of charge. In response, Apple has released a special tool that lets people remove... More>>

Once-troubled reverse mortgages poised for rebound

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Advertised as a path to an affordable retirement, federally insured reverse mortgages are showing signs of a rebound, drawing the scrutiny of regulators seeking to reduce historically high default rates that have cost the... More>>

Forward-thinking U2 innovating while entertaining

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By CHRIS TALBOTT AP Music Writer Since U2 stunned the music world by delivering a surprise album at Apple's iPhone 6 unveiling and making it available to a half-billion iTunes users for free,... More>>

Eurozone economic growth forecast cut

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A major international organization has cut its growth forecast for the countries that use the euro and says the troubled currency union needs even more stimulus from the central bank and governments. More>>

Jean Paul Gaultier to stop making ready-to-wear

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The house of Jean Paul Gaultier has announced that it is stopping women's and men's ready-to-wear collections. More>>

Stocks end slightly lower as investors wait on Fed

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U.S. stocks are closing mostly lower as investors wait for the Federal Reserve's two-day policy meeting that starts on Tuesday. More>>

Air France strike amid Europe's low-cost shakeup

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Air France canceled at least half its flights around the world on Monday as pilots began a weeklong strike, highlighting the trouble Europe's flagship airlines face in keeping up with low-cost competitors. More>>

Union: Lufthansa pilots call off strike

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A union representing Lufthansa pilots says they have called off plans to walk off the job at Germany's busiest airport Tuesday. More>>

Video-streaming giant Netflix launches in France

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Video-streaming giant Netflix has launched in France as part of a push to tap six new European markets. More>>

Dubai's Atlantis resort to get $1.4B expansion

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Developers said Monday they will build a $1.4 billion expanse of lavish suites and residences next to the famed Atlantis resort on Dubai's man-made palm-shaped island as part of the emirate's drive to build up... More>>

Sessions unopposed in primary or general election

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The primary season just ended and the general election campaign now unfolding looks the same to Alabama Sen. Jeff Sessions, tea party favorite, foe of immigration legislation and the only Republican senator running in 2014... More>>

GM expert says 19 deaths eligible for compensation

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The death toll tied to faulty ignition switches in General Motors small cars has risen to 19, according to a compensation expert hired by the company. The number is likely to go higher. More>>

Will Apple's digital wallet kill the card swipe?

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Apple wants the plastic credit card to become as rare as the paper check. More>>

Tesla Q&A: Tesla's Nevada 'gigafactory' FAQs

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Now that Gov. Brian Sandoval has signed into law a package of incentives for Tesla Motors worth up to $1.3 billion, the electric-car maker is moving ahead with plans to build a $5 billion lithium battery factory expected... More>>

Nevada governor enacts Tesla tax break package

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Calling it one of the most important pieces of legislation in Nevada history, Gov. Brian Sandoval signed into law an unprecedented package of incentives to seal a deal to bring Tesla Motors' $5 billion battery factory... More>>

US stocks mostly lower as investors wait on Fed

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U.S. stocks are mostly lower at midday as investors wait for the Federal Reserve's two-day policy meeting that starts on Tuesday. More>>

Olive Garden defends breadstick policy

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Olive Garden is defending its practice of giving customers as many breadsticks as they want, saying the policy conveys "Italian generosity." More>>

US wealth gap putting the squeeze on state revenue

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Income inequality is taking a toll on state governments. More>>

ZF buying TRW Automotive for about $11.74B

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German automotive transmission maker ZF Friedrichshafen AG is buying Michigan-based TRW Automotive for $11.74 billion, a move that creates the world's second-largest auto supplier. More>>

A Scottish 'Yes' also means exit from EU, NATO

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If Scottish voters this week say Yes to independence, not only will they tear up the map of Great Britain, they'll shake the twin pillars of Western Europe's postwar prosperity and security - the European Union and... More>>

Why hire? French confront reasons for malaise

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Marc Winocour and his two sons have enjoyed some success transforming the family farm into a field-to-table company that includes bread ovens, delivery trucks and a boutique. Revenues are climbing more than 50 percent a year. More>>

US factory output drops 0.4 percent in August

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U.S. manufacturing output declined in August for the first time in seven months, reflecting a sharp fall in production at auto plants that was due mainly to seasonal adjustment problems. More>>

US stocks start week with slight decline

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The stock market is down slightly in early trading after its first weekly loss since early August. More>>

Exhibition looks at genius of carousel inventor

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Coney Island's historic B&B Carousell is among several vintage attractions still thrilling visitors at the famous amusement park today. More>>

NASA's newest human spacecraft on the move

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NASA is one step closer to launching its newest spacecraft designed for humans. More>>

Cognizant buying TriZetto for $2.7 billion

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Cognizant will buy the health care software company TriZetto for $2.7 billion in cash. More>>

Scottish independence could mean messy divorce

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How do you divorce after a 300-year union? It's complicated, and there is a deadline. More>>

Heineken rejects SABMiller takeover bid

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Family-controlled brewer Heineken says it has rejected a takeover bid by rival SABMiller. More>>

Hong Kong rethinks rules after Alibaba IPO loss

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Alibaba's choice of New York over Hong Kong for its blockbuster IPO was a blow for the Chinese financial center. Now, the city's stock market is starting to rethink rules that stopped it from accommodating the... More>>

Greek island missing out on tourism boom

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What's not to like about this island, with its cobbled streets, traditional stone-built houses, affordable fresh fish, and a quiet 15-minute boat ride from the mainland? More>>

Air France pilot strike amid low-cost tensions

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At least half of Air France flights around the world were canceled Monday as pilots kicked off a weeklong strike, angry that the airline is shifting jobs and operations to a low-cost carrier to better keep up with... More>>

Envelopes in Marriott hotels invite tips for maids

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Do you leave a tip in your hotel room for the maid? Marriott is launching a program with Maria Shriver to put envelopes in hotel rooms to encourage tipping. More>>

Asian stocks tumble on disappointing China data

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Asian stocks tumbled Monday on weak Chinese economic data as investors looked ahead to a U.S. Federal Reserve meeting and Scotland's independence referendum. More>>

Hillary Clinton in Iowa stirs 2016 speculation

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Hillary Rodham Clinton, making her return to Iowa for the first time since the 2008 presidential campaign, implored Democrats on Sunday to choose shared economic opportunity over "the guardians of gridlock" in an... More>>

Sweden shifts to left in parliamentary election

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Sweden's Social Democrats were poised to return to power after a left-leaning bloc defeated the center-right government in a parliamentary election Sunday that also saw strong gains by an anti-immigration party. More>>

Silicon Valley struggles to speak FDA's language

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From Apple's new smartwatch that tracks heartbeats to contact lenses that measure blood sugar - Silicon Valley is pouring billions into gadgets and apps designed to transform health care. But the tech giants that have... More>>

'No Good Deed' defeats 'Guardians' at theaters

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It took a murderous Idris Elba and a pair of dolphin buddies to defeat "Guardians of the Galaxy" at movie theaters. More>>

Portugal bank slated for sale gets new management

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The Bank of Portugal has appointed a new senior management team to run Novo Banco, a bank which the government wants to sell and recoup the 3.9 billion euros ($5 billion) taxpayers provided to resolve Portugal's... More>>

Dutch stage tomato fight against Russian sanctions

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Hundreds of young Dutch men and women turned Amsterdam's central Dam square into a blizzard of red goop on Sunday, as they pelted each other mercilessly with overripe tomatoes. More>>

EU ministers seek to create investment climate

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European finance ministers agreed Saturday on the necessity of leveraging private investments with urgent structural reforms to relaunch the continent's moribund economy. More>>

For gamers, waiting can be the hardest part

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When it comes to video games, are they better late than never? More>>

T-Mobile to sell phones that call, text on Wi-Fi

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T-Mobile will sell more than 100 smartphone models with a built-in feature that taps into Wi-Fi networks to make phone calls and send texts when customers can't connect to the wireless carrier's cellular network. More>>

Apple's smartwatch: Timely idea or clocked out?

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Apple is a habitual party crasher, but can the company's history of arriving late and making a big splash in various gadget categories continue with the Apple Watch? More>>

Spanish department store head Alvarez dies at 79

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Isidoro Alvarez, the head of Spain's El Corte Ingles department store chain who turned the company into an international business with an annual turnover of around 14 billion euros ($18 billion), has died. He was 79. More>>

Chemical reform bill faces uphill battle in Senate

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Efforts to come up with a new chemical regulation bill face an uphill battle in the Senate. More>>

'New' Scots vote crucial to independence result

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On the south side of Glasgow, in the heartland of Scotland's Asian community, support for independence from the United Kingdom is strong as Thursday's referendum nears. More>>

China's industrial output slows to 6.9 percent

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China's factory output in August slowed to 6.9 percent from a year earlier amid waning export demand and a slump in real estate development that has undermined steel and cement production, according to data released by... More>>

France bristles as Netflix advances in Europe

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Netflix is tapping into six new markets Monday hoping to gain a big subscriber base around Europe, but is facing a frosty welcome in France. Well-established French competitors are trying to head off a Netflix wave, the... More>>

US, EU levy sanctions on Russia despite cease-fire Video included

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Unsatisfied with a fragile cease-fire in Ukraine, the United States and the European Union levied new sanctions Friday against major Russian banks and defense companies, as well as penalties aimed at curtailing... More>>

US threatened Yahoo with huge fine over emails

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Yahoo's free email service could have cost the company an extra quarter of a million dollars a day. More>>

Prosecutors target credit card thieves overseas

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Criminals from around the world buy and sell stolen credit card information with ease in today's digital age. But if they commit their crime entirely outside the United States, they may be beyond the reach of federal... More>>

Power shift expected in Swedish election

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Sweden heads into a parliamentary election on Sunday with polls showing the left-leaning Social Democrats poised to return to power after eight years of center-right rule. More>>

Hundreds of workers on strike at Lear Corp. plant

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Hundreds of workers protesting what some are calling fast-food-like wages walked off the job Saturday at a Lear Corp. plant in northwest Indiana that makes automotive seats, beginning a strike that could affect a major... More>>

Apple pushes digital wallet with Apple Pay Video included

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Apple is betting that people want to pay with a tap of the phone rather than a swipe of the card. More>>

Review: Apple Watch looks to be another winner Video included

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As computerized wristwatches go, the upcoming Apple Watch looks impressive. More>>

Salmonella-tainted peanuts case in hands of jury

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Jurors started deciding Friday whether the owner of a Georgia peanut plant linked to a deadly salmonella outbreak recklessly sent known tainted products with the motto "just ship it" or was simply a scapegoat for large... More>>

Stocks decline amid interest rate worries

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The prospect of rising interest rates sent the stock market to its first weekly loss since early August. More>>

Investor details ways Olive Garden could improve

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By The Associated Press An investor has some suggestions for how Olive Garden can improve its performance, down to the way it rations its unlimited breadsticks. More>>

Ukraine will delay implementation of EU deal

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European leaders said Friday that they would allow Ukraine to delay putting a landmark trade deal into effect, a major concession to Russia which has repeatedly threatened retaliation if Kiev implements the measure. More>>

Stocks end with 1st weekly loss since early Aug

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The Standard & Poor's 500 index is ending with its first weekly loss since early August. More>>

INFLUENCE GAME: Chemical trade tries to shape regs

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The powerful chemical industry is putting its lobbying muscle behind legislation that would establish standards for chemicals used in products from household goods to cellphones and plastic water bottles - but also make it... More>>

Digital First Media exploring possible sale of co.

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Newspaper company Digital First Media said Friday that it is exploring strategic options, which could include a sale of the company or parts of it. More>>

Greece makes further progress on budget front

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Greece has made its second successful return to the bond markets as the government revealed Friday that it was beating a key bailout budget target - and by a big margin. More>>

Olive Garden investor: Back off on the breadsticks

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Maybe there is such a thing as too many breadsticks. More>>

Utility companies lead stock market lower

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U.S. stocks are falling at midday as declines in utility companies weigh on the market. More>>

European states struggle with Draghi's challenge

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Eurozone finance ministers on Friday said they were willing to help the European Central Bank in its plan to save the economy. How much they can do in practice, however, remains unclear. More>>

US sanctions target key Russia economic sectors Video included

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The United States hit Russia Friday with a new round of economic sanctions, levying penalties on Russia's largest bank and expanding financing restrictions on major energy and defense companies. More>>

US retail sales rise in August on auto sales

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Auto buying drove U.S. retail sales higher in August, a possible sign that job growth in recent months has led to accelerated consumer spending. More>>

Poland resumes gas deliveries to Ukraine

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Poland has resumed deliveries of gas to Ukraine that it had halted after its own supplies from Russia dropped this week, the state pipeline operator said Friday. More>>

US business stockpiles up 0.4 percent in July

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Stockpiles held by U.S. businesses rose by a moderate amount in July while sales increased at the fastest pace in three months. More>>

US stocks open lower as sluggish month continues

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U.S. stock indexes are opening slightly lower as the market's sluggish September continues. More>>

EU sanctions hit Russian oil companies, lawmakers Video included

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New European Union sanctions against Russia announced Friday toughen financial penalties on the country's banks, arms makers and its biggest oil company, to punish Moscow for what the West sees as efforts to... More>>

Sponsors keep close watch on NFL investigation

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By MAE ANDERSON and TOM MURPHY AP Business Writers Major brand sponsors are watching closely to make sure the National Football League doesn't fumble the investigation into how its executives handled... More>>

Nevada governor enacts Tesla tax break package

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Calling it one of the most important pieces of legislation in Nevada history, Gov. Brian Sandoval signed into law Thursday night an unprecedented package of incentives to seal a deal to bring Tesla Motors' $5 billion... More>>

IMF's Lagarde says women vital for global recovery

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Empowerment of women and equal opportunities are crucial for driving a stronger global economic recovery, and for revitalizing Japan, the head of the International Monetary Fund said Friday. More>>

Apple unveils smartwatch, bets on wearable devices Video included

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Apple unveiled its long-anticipated smartwatch Tuesday, introducing a device that transplants the features of an iPhone onto a smaller screen that's never more than an arm's length away. More>>

Asia stocks muted; Tokyo rises as yen extends fall

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Japanese stocks pushed higher on Thursday as the yen sank further against the dollar while other Asian benchmarks struggled for direction after a mixed close on Wall Street. More>>

Yahoo says gov't threatened $250,000 a day fine

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Yahoo said Thursday the government threatened to fine the company $250,000 a day if it did not comply with demands to go along with an expansion of U.S. surveillance by surrendering online information, a step the company... More>>

RadioShack warns of possible Ch. 11 bankruptcy

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RadioShack warned Thursday that it may need to file for Chapter 11 bankruptcy reorganization if it can't rework its debt or find another way to ease a cash crunch. More>>

Feds tighten rules on workplace death reporting

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Tightening its standards, the government issued new regulations Thursday that will require managers to file a detailed report within eight hours on fatal workplace accidents. More>>

Prosecutor: Plant owner OK'd tainted peanut sales

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The owner of a Georgia peanut plant where a deadly salmonella outbreak originated five years ago approved sales of tainted food "whatever the risk," including shipments known to have tested positive for the bacteria and... More>>

Stocks close mixed; Health care companies sink

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U.S. stocks are ending mixed as traders consider the outlook for interest rates, the latest sanctions against Russia and volatile energy prices. More>>

APNewsBreak: US sharply cutting deportations

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President Barack Obama is on pace this year to deport the fewest number of immigrants since at least 2007, even as he has postponed until after Election Day his promised unilateral action that could shield millions more... More>>

European states struggle with Draghi's challenge

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European Central Bank head Mario Draghi made the first move in his grand plan to rescue the economic recovery. Now it's over to the governments of the 18 countries that use the euro. More>>

Russia, Poland in spat over gas supplies

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A spat has broken out between Poland and Russia over what Warsaw claims is a sharp drop in natural gas supplies. The move comes amid concerns Moscow is ready to use its energy exports as a political weapon over the crisis... More>>

Scottish banks to move if independence is approved

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Scotland's leading banks warned Thursday that they would move their headquarters to England if Scots vote to leave the United Kingdom, intensifying doubts about the territory's economic future and dealing a blow to... More>>

US budget deficit dips to $128.7 billion in August

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The federal government ran a lower budget deficit this August than a year ago, remaining on track to record the lowest deficit for the entire year since 2008. More>>

Top banks plan move in case of Scots' independence Video included

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In a blow to the Scottish independence campaign, top financial groups including the Royal Bank of Scotland and Lloyds Banking Group say they will move their headquarters to England if Scots vote to break away from the... More>>

Despite economic fears, EU sanctions Russia again Video included

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The European Union on Thursday slapped more sanctions on Russia for helping separatists destabilize Ukraine, limiting Russia's access to its financial market, hitting the country's vital oil industry, curbing... More>>

4 Reasons shoppers will shrug off Home Depot hack

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Home Depot's data breach could wind up being among the largest ever for a retailer, but that may not matter to its millions of customers. More>>

Obama: US to step up economic penalties on Russia Video included

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President Barack Obama says the U.S. is moving ahead with tougher economic sanctions on Russia over what the U.S. says are Russia's illegal actions in Ukraine. More>>

Low energy prices, rate worries weigh on stocks

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The stock market is moving lower at midday as shares of energy companies slip. More>>

23andMe CEO navigates health regulation

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No Silicon Valley company better embodies the promise and the pitfalls of working in health care than DNA testing firm 23andMe. Launched in 2006 to a flurry of media coverage, the Mountain View, California-based company... More>>

Rail union rejects deal that allowed one-man crews

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A railroad union has rejected a deal with BNSF that would have allowed one-person crews on as much as 60 percent of its tracks. More>>

Average US 30-year mortgage rate at 4.12 percent

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Average long-term U.S. mortgage rates rose slightly this week but remained near their lows for the year. More>>

US stocks start lower

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The stock market is opening lower as shares of energy companies slip. More>>

Applications for US unemployment rise to 315K

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More people sought U.S. unemployment benefits last week, though the trend in benefit applications in the past month remained low. More>>

Currency question at heart of Scottish debate Video included

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In for a penny, in for a pound. More>>

China fines Audi, Chrysler on monopoly charges

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China on Thursday announced it will fine Audi $40.5 million and Chrysler $5.2 million in a sweeping anti-monopoly probe of the auto industry that has prompted complaints foreign businesses are being treated unfairly. More>>

EU agrees to introduce new sanctions on Russia Video included

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The European Union has decided to slap new economic sanctions on Russia over its actions in Ukraine, diplomats said Thursday. More>>

Few critics as Nevada mulls Tesla tax breaks

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Critics say Nevada lawmakers are gambling with taxpayers' money, but they clearly were in the minority as legislators moved forward with an unprecedented package of up to $1.3 billion in incentives they hope to approve... More>>

MasterCard loses EU court battle over fees

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The European Union's highest court has thrown out an appeal by MasterCard against a decision by the bloc's antitrust authority to scrap some of its fees charged to merchants. More>>

Few critics as Nevada mulls Tesla tax breaks

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Critics say Nevada lawmakers are gambling with taxpayers' money, but they clearly were in the minority Wednesday night as legislators moved forward with an unprecedented package of up to $1.3 billion in incentives they... More>>

Tea party, lesson learned, plays nice this time

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The tea party may have learned its lesson. More>>

Fashion hub raids target cartel money laundering

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Federal authorities arrested nine people and seized about $90 million Wednesday in raids in the fashion district of Los Angeles, marking an unprecedented crackdown on Mexican cartels' increasing reliance on... More>>

US airlines improve their on-time performance

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At the height of this summer's travel season, airline flights were more likely to arrive on time and less likely to be canceled than they were last year. More>>

GOP bill would avert fed shutdown till Dec. 11

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Republicans controlling the House unveiled a short-term spending bill Tuesday that would keep the government open into mid-December and provide $88 million to battle the Ebola outbreak. More>>

In 5-week salmonella trial, defense takes 1 hour

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Defense attorneys took barely an hour Wednesday to rest their cases after more than a month of prosecution testimony in the federal trial of three people charged in a deadly national salmonella outbreak five years ago that... More>>

Reid calls for vote on training Syrian rebels

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In the run-up to a presidential address, Senate Majority Leader Harry Reid called on Wednesday for a quick pre-election vote to approve the administration's request to train and equip Syrian rebels fighting terrorists... More>>

Detroit bankruptcy trial on hold after major deal

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One of Detroit's fiercest opponents in bankruptcy once compared the city's fix-it plan to an automobile "lemon" fit for the "scrapyard." More>>

Senior Americans burdened with student debt

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Rosemary Anderson could be 81 by the time she pays off her student loans. After struggling with divorce, health problems and an underwater home mortgage, the 57-year-old anticipates there could come a day when her Social... More>>

Electronic Arts drops Ray Rice from Madden game

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Video game publisher Electronic Arts is removing former Baltimore Ravens running back Ray Rice from its recently released Madden NFL 15 title, the latest company to pull its support for the player. More>>

Google's EU antitrust woes extended

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The European Union's competition authority has rejected yet another offer from Google to settle a case that claims the company abuses its dominant position in Internet searches, once again extending the four-year-old... More>>

German startup factory Rocket launches IPO

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Germany's Rocket Internet AG, which specializes in launching e-commerce startups, announced Wednesday that it plans a public listing on the Frankfurt stock exchange. More>>

Stocks break two-day losing streak as Apple gains

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Stocks are closing slightly higher as the market breaks a two-day slump. More>>

EU says Cyprus legislation clashes with bailout

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The European Union warned Cyprus Wednesday that it may be flouting the terms of its multibillion-euro rescue package after the country's parliament approved legislation softening a crucial foreclosures law. More>>

Ferrari president Montezemolo to leave the company

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After more than two decades presiding over one of the biggest and most successful teams in Formula One, Luca Di Montezemolo is stepping down as president of Ferrari. More>>

Putin promises new weapons to fend Western threats

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Russia will counter military moves by the U.S. and NATO with an array of new nuclear and conventional weapons, President Vladimir Putin said Wednesday as the military successfully test-fired an intercontinental ballistic... More>>

UK leader rushes to fend off Scottish independence Video included

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The British political establishment descended on Scotland on Wednesday to plead for a united United Kingdom, after polls suggested the once-fanciful notion of Scots voting to break from Britain has become a real... More>>

Russian gas supplies to Poland drop by a quarter

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Russian natural gas deliveries to Poland have dropped by almost a quarter this week, the country's gas monopoly said Wednesday, forcing it to stop supplying gas on to Ukraine. More>>

Chiquita to talk with potential buyers

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Not even a month after flatly rejecting a takeover bid by two Brazilian companies, Chiquita will open its books to them. More>>

Spanish banking titan Emilio Botin dead at age 79

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Spanish banking magnate Emilio Botin, who built the country's Banco Santander into a global financial giant and was widely seen as the nation's most influential business leader, has died of a heart attack, the... More>>

Official: Fighting in Iraq delays Iran gas exports

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The fighting between Iraqi troops and Islamic State militants will delay even further the planned start of Iranian natural gas exports to neighboring Iraq, Iran's oil minister was quoted as saying Wednesday. More>>

Chiquita backtracks, opens talks on potential sale

Updated:

Not a month after flatly rejecting a takeover bid by two Brazilian companies, Chiquita is softening its stance and will open its books to them. More>>

US stocks drift at midday; Krispy Kreme sinks

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U.S. stocks are drifting between small gains in losses in midday trading. More>>

Stalled France to miss deficit target until 2017

Updated:

France has revised down its growth forecasts and says it will miss its deficit target for another three years, confirmation that Europe's second-largest economy will emerge only slowly from its stagnation. More>>

Correction: Detroit-Bankruptcy story

Updated:

In a story Sept. 9 about a tentative agreement reached between Detroit and major creditor Syncora in its bankruptcy trial, The Associated Press reported erroneously that Steven Schlein is a spokesman for Syncora. Schlein... More>>

Dollar General goes hostile in bid for rival

Updated:

By TOM MURPHY AP Business Writer Dollar General is going hostile with its $9.1 billion bid for Family Dollar after its rival repeatedly rejected previous offers. More>>

  • Local NewsLocal NewsMore>>

  • High-fiving strangers in NYC

    High-fiving strangers in NYC

    Tuesday, September 16 2014 6:01 PM EDT2014-09-16 22:01:29 GMT
    Looking for a taxi cab is a common sight in the city. For some people, an outstretched arm is usually the sign for hailing a cab. A few other folks see it as something else.Meet Meir Kalmanson. He sees a hand in the air as an opportunity to lighten up a person's serious or frantic state. Meir decided to high-five his way down Fifth Avenue. The video of his rebellion of social norms has gone viral.
    Looking for a taxi cab is a common sight in the city. For some people, an outstretched arm is usually the sign for hailing a cab. A few other folks see it as something else.Meet Meir Kalmanson. He sees a hand in the air as an opportunity to lighten up a person's serious or frantic state. Meir decided to high-five his way down Fifth Avenue. The video of his rebellion of social norms has gone viral.
  • Empire State Building Facebook review controversy

    Empire State Building Facebook review controversy

    Tuesday, September 16 2014 5:52 PM EDT2014-09-16 21:52:40 GMT
    When it comes to visiting New York City landmarks, half the fun is reviewing them afterward on social media sites like Facebook. But some folks say the Empire State Building is reporting their reviews as spam.
    When it comes to visiting New York City landmarks, half the fun is reviewing them afterward on social media sites like Facebook. But some folks say the Empire State Building is reporting their reviews as spam.
  • NY grand jury to weigh charges for Tony Stewart

    NY grand jury to weigh charges for Tony Stewart

    Tuesday, September 16 2014 3:43 PM EDT2014-09-16 19:43:05 GMT
    A grand jury will decide whether NASCAR driver Tony Stewart will be charged in the August death of a fellow driver at a sprint car race in upstate New York, a prosecutor said Tuesday. Ontario County District Attorney Michael Tantillo said he made the decision to present the case to a grand jury after reviewing evidence collected by county sheriff's investigators.
    A grand jury will decide whether NASCAR driver Tony Stewart will be charged in the August death of a fellow driver at a sprint car race in upstate New York, a prosecutor said Tuesday. Ontario County District Attorney Michael Tantillo said he made the decision to present the case to a grand jury after reviewing evidence collected by county sheriff's investigators.
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