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Apple schedules new product event for Sept. 9

August 28, 2015 SAN FRANCISCO — Apple has announced plans for a new product event on Sept. 9 in San Francisco, where the giant tech company is expected to show off new iPhones and other gadgets. more »»

Amgen wins approval for second cholesterol drug

August 28, 2015 WASHINGTON — Amgen Inc. more »»

US stocks surge, snap 6-day losing streak

August 27, 2015 The Dow Jones industrial average rocketed more than 600 points Wednesday, its biggest gain in seven years, snapping a six-day losing streak that had Americans nervously checking their investment... more »»

Monsanto abandons takeover bid for Swiss rival Syngenta

August 27, 2015 WASHINGTON — Agricultural business giant Monsanto is abandoning its takeover bid for competitor Syngenta AG after the Swiss chemical producer rejected its latest offer of nearly $47 billion. more »»

Airfare deals pop up as airlines wage fare wars

August 27, 2015 ABOARD AMERICAN AIRLINES FLIGHT 1223 — Airline fare wars are making a comeback. Don't expect widespread sales or cheap flights home for Thanksgiving. more »»

Arizona severs ties with prison operator over riots

August 27, 2015 PHOENIX — Arizona severed ties with a private prison operator over what the state says was a string of troubling security and training lapses that led to violent riots in July. Gov. more »»

Wal-Mart to stop selling AR-15s, similar weapons

August 27, 2015 LITTLE ROCK, Ark. — Wal-Mart will stop selling the AR-15 rifle and other semi-automatic weapons at its stores because fewer people are buying them, a spokesman said Wednesday. more »»

China struggles to keep economy on track to ‘new normal’

August 26, 2015 BEIJING — China’s slump is shaking the world economy, turning a country long seen as a growth engine into a possible threat. more »»

Budget report sees shrinking deficits, but only for now

August 26, 2015 WASHINGTON — An unforeseen flood of revenue is shrinking federal deficits to the lowest level of President Barack Obama’s tenure, Congress’ nonpartisan budget adviser said Tuesday. more »»

Judge approves $225M settlement with Exxon

August 26, 2015 TRENTON, N.J. — After originally seeking $8. more »»

US new-home sales rebound in July

August 26, 2015 WASHINGTON — Americans stepped up their purchases of new homes in July, with sales surging in the Northeast. The Commerce Department says new-home sales rose 5. more »»

China’s stocks suffer biggest one-day fall since 2007

August 25, 2015 BEIJING — China’s stock market fell Monday by its biggest margin in eight years, defying the government’s multibillion-dollar effort to stop a slide that has wiped out the gains of this year’s price... more »»

China’s tremors could weaken the world’s major economies

August 25, 2015 WASHINGTON — China is exporting something new to the world economy: Fear. Global investors are quaking over the prospect of a devastating slump in the world’s second-biggest economy. more »»

Most economists say Fed will raise rates in 2015

August 25, 2015 NEW YORK — The vast majority of business economists expect the Federal Reserve will raise interest rates before the end of the year, according to a survey released Monday. more »»

Man admits forcing immigrant teenagers into egg farm work

August 25, 2015 MARION, Ohio — The thousand-mile journey to the Texas border was supposed to bring the Guatemalan teenagers to a better lif. more »»

GM fund rejects 91% of switch claims

August 25, 2015 DETROIT — Lawyers hired to compensate victims of General Motors’ faulty ignition switches have finished determining which claims are eligible, rejecting 91 percent of the. more »»

Crude closes under $40 a barrel for long-time low

August 25, 2015 NEW YORK — The price of U.S. oil closed under $40 a barrel on Monday for the first time since the days of the global economic crisis on fears of a slowdown in the world economy. more »»

Out of juvie, into nature: California youth run wild webcams

August 24, 2015 LOS ANGELES — Harry Grammer, the CEO of a Los Angeles-based nonprofit that works with young adults, wanted to give kids recently out of the juvenile justice system real jobs and marketable skills. more »»

Barrel of US crude drops below $40

August 22, 2015 NEW YORK — A barrel of U.S. crude oil fell below $40 per barrel for the first time since the end of the global economic crisis. Friday’s fall, to $3. more »»

Chinese manufacturing index falls

August 22, 2015 BEIJING — China's manufacturing contracted by an unexpectedly large margin this month, a survey showed Friday, adding to signs of economic weakness. more »»

 
 
 

 

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