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BRICS nations agree to create development bank

July 16, 2014 FORTALEZA, Brazil — The leaders of five emerging market powers said at a summit Tuesday that they agreed to create a development bank worth $100 billion that will have its headquarters in China. more »»

Yahoo 2Q earnings, revenue fall

July 16, 2014 NEW YORK — Yahoo Inc. said Tuesday that its 2Q earnings and revenue declined. more »»

Citigroup to pay $7B in subprime mortgages probe

July 15, 2014 WASHINGTON — Citigroup agreed Monday to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General... more »»

INFLUENCE GAME: Shaping evolving railroad safety rules

July 14, 2014 WASHINGTON — A string of fiery train derailments across the country has triggered a high-stakes but behind-the-scenes campaign to shape how the government responds to calls for tighter safety rules. more »»

US, Germany vow cooperation despite espionage spat

July 14, 2014 VIENNA — The United States and Germany put a brave face on an escalating espionage dispute, stressing on Sunday the importance of their cooperation to solving several global crises but offering... more »»

Expert: Pa. didn’t address fracking health impacts

July 13, 2014 PITTSBURGH — Pennsylvania’s former health secretary says the state has failed to seriously study the potential health impacts of one of the nation’s biggest natural gas drilling booms. Dr. more »»

Head of US pension agency resigning

July 13, 2014 WASHINGTON — The federal agency that insures company pensions for more than 40 million Americans says its top official is resigning. more »»

Owners of Trump Plaza casino expect it will close

July 13, 2014 ATLANTIC CITY, N.J. — Atlantic City’s crumbling casino market disintegrated even further Saturday as the owners of the Trump Plaza casino said they expect to shut down in mid-September. more »»

Workers struggle in Hamptons, playground for rich

July 13, 2014 SOUTHAMPTON, N.Y. — This is a town where people are so rich that a $2 million home can be a handyman’s special. A town where the thrift shop is stocked with donations of designer dresses and handbags. more »»

Seneca Nation commits to native-only landscaping

July 13, 2014 CATTARAUGUS RESERVATION, N.Y. — The Seneca Indian Nation is strengthening its roots to the land with a new commitment to use only indigenous plants and trees in public landscaping. more »»

Downside of low US mortgage rates? Less selling

July 12, 2014 WASHINGTON — Would-be home sellers across the country are grappling with a once-in-a-lifetime problem: They have mortgage rates so absurdly low it would hurt them financially to sell. more »»

Tobacco firms Reynolds, Lorillard in merger talks

July 12, 2014 RICHMOND, Va. — Big Tobacco may soon get smaller. The makers of Camel and Newport cigarettes said Friday they are in talks to combine two of the nation’s oldest and biggest tobacco companies. more »»

Economists lower forecasts for US growth

July 12, 2014 WASHINGTON — U.S. more »»

FTC sues Amazon over kids’ app charges

July 11, 2014 NEW YORK — The Federal Trade Commission is suing Amazon over charges that the company has not done enough to prevent children from making unauthorized in-app purchases, according to a complaint file... more »»

Fed No. 2 says care needed to avert crisis

July 11, 2014 WASHINGTON — The Federal Reserve's new No. 2 official says regulators must continue to work to end the need for the government to bail out big banks in a crisi. more »»

US unemployment aid applications fall to 304K

July 11, 2014 WASHINGTON — Fewer people sought U.S. unemployment benefits last week, driving down the level of applications to nearly the lowest in seven years. more »»

Improper payments by federal government top $100B

July 10, 2014 WASHINGTON — Tax credits for families that don’t qualify. Medicare payments for treatments that might not be necessary. Unemployment benefits for people who are secretly working. more »»



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