Business News

AP News - 1 hour ago

NEW YORK (AP) — Investment giant Pimco said Monday the Securities and Exchange Commission may take legal action against its total-return fund.The investment management company said it received a Wells notice, which means SEC investigators are re ...more

AP News - 2 hours ago

SAN JUAN, Puerto Rico (AP) — Most tables are empty at Walter Martin's coffee shop in San Juan's colonial district. His brow is furrowed with concern and glistens with sweat in the sweltering Caribbean morning.He's turned off the air conditioning ...more

AP News - 3 hours ago

WASHINGTON (AP) — Interest rates on short-term Treasury bills rose in Monday's auction with rates on six-month bills climbing to the highest level in more than four years.The Treasury Department auctioned $24 billion in three-month bills at a di ...more

AP News - 3 hours ago

NEW YORK (AP) — Yes, your mutual fund may own some Greek stocks. No, most likely not a lot.Athens burst back into the spotlight Monday after its main stock index plunged 16 percent. The spasm of selling came after investors got their first chanc ...more

AP News - 3 hours ago

WASHINGTON (AP) — U.S. factories were a little less busy last month.The Institute for Supply Management's manufacturing index slipped to 52.7 last month from 53.5 in June. Economists had expected the index to remain unchanged. Any reading above ...more

AP News - 4 hours ago

CHICAGO (AP) — Grain futures were lower Monday on the Chicago Board of Trade.Wheat for September delivery was off .25 cent to $4.99 a bushel; December corn fell 4.75 cents at 3.7650 a bushel; December oats declined 6.75 cents to 2.4525 a bushel; ...more

AP News - 4 hours ago

WASHINGTON (AP) — The Food and Drug Administration has approved the first prescription drug made through 3-D printing: a dissolvable tablet that treats seizures.Aprecia Pharmaceuticals said Monday the FDA approved its drug Spritam for adults and ...more

AP News - 4 hours ago

CHARLESTON, S.C. (AP) — As the summer tourist season begins to wind down, the numbers show it's been another strong year for South Carolina's $18 billion tourism industry.Figures released by the South Carolina Department of Parks, Recreation and ...more

AP News - 5 hours ago

ATHENS, Greece (AP) — Greece suffered its worst stock market bloodbath in decades on Monday, when it opened after a forced five-week closure, and new data showed a dismal outlook for the bailout-dependent country's shrinking economy.The main sto ...more

AP News - 5 hours ago

WASHINGTON (AP) — The Treasury Department on Monday targeted 11 companies and individuals suspected of providing energy products the Syrian government of Bashar Assad is using in the conflict there.Treasury said many of those targeted are front ...more



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