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US durable goods orders rise 3.3 percent in April

WASHINGTON (AP) — U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for military and civilian aircraft and an increase in busin…

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Q&A: On Turkey's proposed alcohol restrictions

ANKARA, Turkey (AP) — A look at legislation passed in Turkey's parliament early Friday that would ban all alcohol advertising and tighten restrictions on the sale of s…

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Futures slide; markets appear headed for down week

NEW YORK (AP) — Stock futures are sinking and it appears major U.S. indexes are heading for a down week roiled by corporate earnings, good and bad, and confusion about…

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Top Swiss negotiator in tax disputes steps down

GENEVA (AP) — Switzerland's top negotiator in talks to resolve disputes over tax evasion with Europe and the U.S. is stepping down.

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Volatile trading...Durable goods report due

NEW YORK (AP) — On Wall Street, trading was volatile Thursday. The Dow Jones industrial average ended the day just 12.67 points lower, at 15,294.50. It fell as much as…

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Taiwan cuts growth forecast on muted export demand

TAIPEI, Taiwan (AP) — Taiwan has lowered its economic growth forecast for 2013 to a muted 2.4 percent as global demand for the island's electronics exports remained subdued.

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Report: France backs off caps on CEO pay

PARIS (AP) — France's finance minister says the government is no longer planning to cap executives' salaries in the private sector, amid concerns it is antagonizing th…

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German business confidence unexpectedly rebounds

BERLIN (AP) — A closely watched survey shows that German business confidence rebounded this month — an unexpectedly strong showing that sends a hopeful signal for Euro…

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Some unions now angry about health care overhaul

WASHINGTON (AP) — Some labor unions that initially backed President Barack Obama's health care overhaul are now frustrated and angry about what they say are unexpected…

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Procter & Gamble brings back A.G. Lafley as CEO

CINCINNATI (AP) — Procter & Gamble says it is replacing CEO Bob McDonald with former CEO A.G. Lafley, effective immediately.

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New rules for labeling meat go into effect in US

MILWAUKEE (AP) — Consumers will soon see labels on their meat telling them where the animal was born, raised and slaughtered.

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Merck ends development of Parkinson's disease drug

WHITEHOUSE STATION, N.J. (AP) — Merck & Co. says it is ending development of an experimental Parkinson's disease drug because the drug wasn't working.

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Campbell buying Plum Organics

NEW YORK (AP) — Campbell Soup says it's buying Plum Organics, which makes food for babies and kids, for an undisclosed amount as it looks to move into faster-growing c…

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Ohio kidnap case hero gets free McDonald's food

CLEVELAND (AP) — The man who famously put down his Big Mac to help rescue three women held captive in a Cleveland house is getting complimentary McDonald's for the next year.

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Sprint’s Network Disaster Recovery and Emergency Response Teams are Prepared for the Start of 2013 Atlantic Hurricane Season

OVERLAND PARK, Kan.--(BUSINESS WIRE)--May 23, 2013--With the National Oceanic and Atmospheric Administration forecasting 13 to 20 named storms and three to six major h…

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Sears reports bigger-than-expected 1Q loss

NEW YORK (AP) — Sears Holdings Corp. reported a steeper-than-expected loss for its first quarter as the beleaguered retailer struggles to turn itself around.

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Pandora posts in-line 1Q loss, upbeat sales

OAKLAND, Calif. (AP) — Internet radio company Pandora reported higher-than-expected revenue in the latest quarter, with losses in line with analysts' forecasts, as the…

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Gap's 1st-quarter profits rises 43 percent

NEW YORK (AP) — Gap Inc. is reporting a 43 percent increase in first-quarter earnings as the clothing chain's turnaround continues.

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Snapple co-founder Leonard Marsh dies at 80

Leonard Marsh — the co-founder of the Snapple beverage brand — has died at age 80.

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McDonald's can't shake criticism about nutrition

NEW YORK (AP) — McDonald's once again faced criticism that it's a purveyor of junk food that markets to children at its annual shareholder meeting Thursday.

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Donkey Kong Country Returns is Back and Optimized for Portable Play

REDMOND, Wash.--(BUSINESS WIRE)--May 23, 2013--Players all over the world fell in love with many memorable, adventure-filled moments in the well-received Donkey Kong C…

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Japan bond yields jump following Fed comments

TOKYO (AP) — Yields on 10-year Japanese government bonds have briefly topped 1 percent for the first time in a year, unnerving some investors at a time when Japan is a…

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House committee passes Iran sanctions legislation

WASHINGTON (AP) — A new push to thwart Iran's nuclear ambitions by crippling the country's economy is gathering momentum on Capitol Hill.

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IRS official Lerner: I did nothing wrong

WASHINGTON (AP) — The Internal Revenue Service official at the center of the storm over the agency's targeting of conservative groups has told Congress she did nothing…

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Weak yen a help for Japan, but headache elsewhere

TOKYO (AP) — A steady decline in the yen is proving a godsend for exporters such as Toyota and has won solid support from Japan's main trading partners, who are bettin…

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Japan's trade deficit hits $8.6 billion in April

TOKYO (AP) — Japan reports its trade deficit widened to a larger-than-expected 879.9 billion yen ($8.6 billion) in April as its weakening currency accentuated surging …

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Microsoft reveals Xbox One entertainment console

REDMOND, Wash. (AP) — Microsoft thinks it has the one.

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Apple chief to testify today on tax strategy

WASHINGTON (AP) — Apple executives will be on the hot seat today when they testify before a Senate subcommittee on the tax strategy of the world's most valuable company.

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Panel: Apple uses firms outside US to avoid taxes

WASHINGTON (AP) — Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senat…

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Coke plans major expansion of Fla. orange groves

AUBURNDALE, Fla. (AP) — The Coca-Cola Co. says it will invest $2 billion to support the planting of 25,000 acres of new orange groves in Florida.

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At California port, some ships plug in to power up

LONG BEACH, Calif. (AP) — In less than a year, many of the diesel-powered cargo ships docking at California ports won't just tie up — they'll also plug in.

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US employers add 165K jobs; rate falls to 7.5 pct.

WASHINGTON (AP) -- U.S. employers added 165,000 jobs in April, and hiring was much stronger in the previous two months than the government first estimated. The job inc…

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Dow crosses 15,000 for the first time after US hiring surges

NEW YORK (AP) -- A big gain in the job market is lifting the stock market to a record high.

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Costs for Calif nuke shutdown over $550 million

LOS ANGELES (AP) — Costs tied to California's idle San Onofre nuclear power plant have hit $553 million, while the company that runs it is raising the possibility of r…

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EPA methane report further divides fracking camps

PITTSBURGH (AP) — A new report from the U.S. Environmental Protection Agency has dramatically lowered estimates of how much of a potent greenhouse gas is being leaked …

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Monarch Power Offers to Purchase and Save Arizona Solar Plant

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Apr 22, 2013--Professor Joseph Hui, CEO of Monarch Power, announced that the U.S. firm has offered to purchase and save a Goodyear,…

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Stocks recover slightly, ending tough week

NEW YORK (AP) — Strong earnings from a pair of technology giants helped the stock market recover some of its losses Friday, a positive end to Wall Street's worst week …

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Masdar Launches Africa’s Largest Solar PV Plant

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Apr 18, 2013--Masdar, Abu Dhabi’s renewable energy company, today launched an US$31.99 million utility-scale, 15-mega…

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Nat G CNG Solutions® Introduces Natural Gas Fueling Solution for under 30 Cents Per Gallon

HOUSTON--(BUSINESS WIRE)--Apr 18, 2013--Nat G CNG Solutions® based in Houston, Texas today announced that it has introduced its new Nat G 500 Series compressed natural…

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New Zealand company convicted in deadly mine blast

WELLINGTON, New Zealand (AP) — A New Zealand judge has convicted a coal mining company of nine health and safety violations over a 2010 explosion that killed 29 miners.

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GM says diesel Chevrolet Cruze gets 46 mpg

DETROIT (AP) — General Motors Co. says the new diesel version of the Chevrolet Cruze gets 46 miles per gallon on the highway, making it more efficient than some hybrids.

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Arizona’s Somerton School District Dedicates 1.6-Megawatt Solar Energy Project from Constellation

SOMERTON, Ariz.--(BUSINESS WIRE)--Apr 17, 2013--Constellation and the Somerton School District today announced the completion of an aggregate 1.6-megawatt (DC) solar g…

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Hillsborough County to sue BP over oil spill

TAMPA, Fla. (AP) — Hillsborough County commissioners voted unanimously to sue oil-giant BP over lost tax revenues the county claims it suffered due to the 2010 Deepwat…

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Natural gas prices rise from historic lows

PITTSBURGH (AP) — Wholesale natural gas prices have doubled during the last year, and that's bringing sighs of relief from an unusual variety of interests.

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CSX optimistic about profits after coal stabilizes

JACKSONVILLE, Fla. (AP) — CSX railroad officials predict strong profit growth in 2014 and 2015, once coal shipments stabilize at a lower level this year.