Business & economy news - KTVN Channel 2 - Reno Tahoe News Weather, Video -

Trump Plaza: 4th Atlantic City casino shutdown

Updated:

When Trump Plaza opened on May 14, 1984, Donald Trump called it the finest building in Atlantic City, and possibly the nation. More>>

Drops in food, gas prices push UK inflation down

Updated:

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>>

Russian ruble drops to historic low amid sanctions

Updated:

Russia's currency dropped to an all-time low against the dollar on Tuesday as investors fret about the fallout of economic sanctions. More>>

US tobacco growers brace for tougher competition

Updated:

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

World stocks sag ahead of Fed meeting

Updated:

Global stock markets were mostly lower Tuesday as jittery investors played it safe ahead of a potentially pivotal Federal Reserve meeting and the referendum on Scotland's independence on Thursday. More>>

Economy at heart of confidence vote for French PM

Updated:

France's prime minister faces a confidence vote in a parliament increasingly frustrated with unpopular President Francois Hollande's handling of the economy - including dissidents within his Socialist Party. More>>

Scottish mistrust of Conservatives key in campaign

Updated:

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>>

Scotland took long road to independence vote

Updated:

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>>

Concerns raised over 'Obamacare' abortion coverage

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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>>

'Minecraft' could boost Microsoft's mobile reach

Updated:

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>>

Eurozone economic growth forecast cut

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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>>

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

Updated:

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>>

Speculation swirls over Fed language on rate hike

Updated:

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>>

Will Apple's digital wallet kill the card swipe?

Updated:

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

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

ZF buying TRW Automotive for about $11.74B

Updated:

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

Updated:

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

Updated:

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>>

Gilead to license generic version of Sovaldi

Updated:

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 factory output drops 0.4 percent in August

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Cognizant buying TriZetto for $2.7 billion

Updated:

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

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

Updated:

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>>

Scottish independence could mean messy divorce

Updated:

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

Heineken rejects SABMiller takeover bid

Updated:

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

Hong Kong rethinks rules after Alibaba IPO loss

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

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

Updated:

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?

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Salmonella-tainted peanuts case in hands of jury

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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.

Updated:

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

Updated:

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

Updated:

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

Utility companies lead stock market lower

Updated:

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

European states struggle with Draghi's challenge

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

23andMe CEO navigates health regulation

Updated:

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

Updated:

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

Updated:

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

US stocks start lower

Updated:

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

Applications for US unemployment rise to 315K

Updated:

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

Updated:

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

China fines Audi, Chrysler on monopoly charges

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Fashion hub raids target cartel money laundering

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

EU says Cyprus legislation clashes with bailout

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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

Updated:

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>>

Wild Turkey maker reaches 60th year in business

Updated:

Jimmy Russell strolled into a roomful of tourists, and soon the patriarch of Kentucky bourbon was surrounded by fans, posing for pictures and autographing bottles. The man behind Wild Turkey even took a turn as barkeeper,... More>>

US wholesale stockpiles up 0.1 percent in July

Updated:

Stockpiles held by U.S. wholesale businesses edged up in July by the smallest amount in a year while sales rose at a healthy clip. More>>

Britain and France secure EU's top economic jobs

Updated:

Britain and France have secured two top positions on economic and financial policy-making in the new European Commission as the 28-nation bloc's executive arm seeks to revive anemic growth and fight unemployment. More>>

US stocks open little changed after two losses

Updated:

U.S. stock indexes are opening little changed as the market comes off of two days of losses. More>>

Japanese nuclear plant clears safety hurdle

Updated:

A nuclear power plant in southern Japan won regulators' approval Wednesday under new safety standards imposed after the 2011 Fukushima disaster, a key step toward becoming the first to restart under the tighter rules. 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>>

Merkel: Put new Russia sanctions into effect

Updated:

German Chancellor Angela Merkel called Wednesday for the European Union to put new sanctions against Russia into effect immediately because peace plans for eastern Ukraine have not yet been implemented fully. More>>

Lufthansa cancels 140 flights in pilots' strike

Updated:

Lufthansa has canceled 140 flights after pilots walked off the job at Munich airport - their fourth strike in five months in a dispute that has cost Germany's largest airline tens of millions of euros (dollars). More>>

China's premier promises more open economy

Updated:

China's premier promised Wednesday to open the world's No. 2 economy wider to foreign companies, promising favorable conditions despite a wave of anti-monopoly investigations that business groups say might be aimed... More>>

Denmark's Vestager new powerful EU antitrust czar

Updated:

Former Danish Economy Minister Margrethe Vestager will be taking over as the European Union's powerful antitrust chief in November. More>>

Asian stock markets sink after Wall Street decline

Updated:

Asian stock markets sank Wednesday following Wall Street's decline and weak Japanese machinery orders while investors mulled the timing of a possible U.S. interest rate hike. More>>

Study: More pilots testing positive for drugs

Updated:

Tests of pilots killed in plane crashes over more than two decades show an increasing use of both legal and illegal drugs, including some that could impair flying, according to a study released Tuesday by the National... More>>

House GOP to extend Export-Import Bank authority

Updated:

House Republicans moved Tuesday to extend the authority of the Export-Import Bank this month as part of a government-wide funding bill needed to prevent a shutdown at month's end. More>>

NY judge: TV clip service not violating copyright

Updated:

A media monitoring company distributing television clips and snippets of transcripts to customers including the White House and Congress hasn't violated broadcasters' copyrights by letting its customers search its... More>>

Twitter tests shopping service with 'Buy' button

Updated:

Twitter is taking its users shopping. More>>

Amazon slashes price of its Fire smartphone

Updated:

Amazon slashed the price of its Fire smartphone Monday, a day before Apple is expected to unveil its latest version of the iPhone. More>>

Safety board finds multiple errors in UPS crash

Updated:

A fatal UPS cargo plane crash during a landing attempt last year was caused by pilots who made a series of errors and should have aborted the landing, the National Transportation Safety Board said Tuesday. More>>

Nike, others end business relationship with Rice

Updated:

By ERIC OLSON AP Sports Writer Ray Rice's indefinite suspension from the NFL for domestic violence will cost him income from endorsements in addition to his $4 million in salary. More>>

American recovery drives the dollar sharply higher

Updated:

In the world of currencies, the dollar is starting to look like a safe home in a tough neighborhood. More>>

Gulf secures $19 billion in West African projects

Updated:

Eight West African nations agreed Tuesday to $19 billion worth of infrastructure deals, with the lion's share going toward a massive road and railway project by a company in the United Arab Emirates. More>>

Stocks decline for a second day; Home Depot falls

Updated:

U.S. stocks are ending lower for a second day in a row. More>>

US job openings stay near 13-year high; hiring up

Updated:

The number of U.S. job openings remained near the highest level in 13 years in July, and companies also stepped up hiring that month to the fastest pace in nearly seven years, two signs the job market is slowly healing. More>>

Late-payment rate on US auto loans rose in 2Q

Updated:

By ALEX VEIGA AP Business Writer As U.S. sales of cars and trucks have grown this year, so has the late-payment rate on auto loans. More>>

Same-sex marriage heading for Supreme Court vote?

Updated:

Both sides in the gay marriage debate agree on one thing: It's time for the Supreme Court to settle the matter. More>>

Study: Want lower gas prices? Ship more oil abroad

Updated:

Exporting more U.S. crude around the world would lower the price of gasoline for U.S. drivers and benefit the U.S. economy, according to a new study released Tuesday. More>>

Trump casinos file Chapter 11; seek concessions

Updated:

Trump Entertainment Resorts filed for bankruptcy Tuesday and threatened to shut down the Taj Mahal Casino Resort, which would make it the fifth Atlantic City casino to close this year. More>>

Expansion of Panama Canal expected to open in 2016

Updated:

Panama's president says the major expansion of the Panama Canal will be completed in time to open for business in the beginning of 2016. More>>

Google seeks help defining 'Right to be Forgotten'

Updated:

Google Chairman Eric Schmidt and a panel of experts held the first of seven public sessions Tuesday to help the company define how it should enforce a new "Right to be Forgotten" rule under which Europeans can seek the... More>>

As Scots eye independence, rest of UK gets nervous Video included

Updated:

All Gavin Jones has to do is scan the shelves of his impossibly quaint shop on England's border with Scotland to know he'll have a big problem if the Scots declare independence next week. More>>

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and Sarkes Tarzian, Inc. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.