Business News

AP News - 2 hours ago

CLEVELAND (AP) — Andrew Wiggins will sign his rookie contract with the Cavaliers. It's still not clear if he'll play for them.A person familiar with the negotiations says the Cavs will sign the No. 1 overall pick to his deal, an agreement that w ...more

AP News - 4 hours ago

REDMOND, Wash. (AP) — Microsoft Corp. CEO Satya Nadella painted an upbeat vision of the future Tuesday, saying that the next version of Windows will be unified across screens of all sizes and that two money-losing units — Nokia phones and Bing search — ...more

AP News - 4 hours ago

NEW YORK (AP) — The "Colbert Bump" is becoming contagious.Edan Lepucki, whose novel "California" became a best-seller thanks to a plug from Stephen Colbert, has in turn helped another book catch on.During an interview on Comedy Central's ...more

AP News - 4 hours ago

NEW YORK (AP) — Activist investor Bill Ackman once again denounced weight loss and nutritional supplements company Herbalife as a pyramid scheme, but Wall Street shrugged off his criticism and sent the company's stock soaring 25 percent Tuesday. ...more

AP News - 4 hours ago

WASHINGTON (AP) — The Federal Aviation Administration told U.S. airlines Tuesday they are prohibited from flying to the Tel Aviv airport in Israel for 24 hours following a Hamas rocket explosion nearby. The ban began 12:15 p.m. EDT on Tuesday, the agen ...more

AP News - 5 hours ago

LOS ANGELES (AP) — Discover Financial Services' net income grew 7 percent in the second quarter as credit card spending and overall loans increased from a year ago. The results beat Wall Street's expectations.The credit card issuer and lender sa ...more

AP News - 6 hours ago

NEW YORK (AP) — LinkedIn Corp. is spending $175 million to buy Bizo, a provider of advertising technology and measurement services aimed at professionals.LinkedIn said Tuesday that it is paying 90 percent in cash and the rest in stock for San Fr ...more

AP News - 6 hours ago

WASHINGTON (AP) — Michelle Obama is expanding her push for America to drink more water, as the White House claims partial responsibility for helping to boost nearly $1 million in bottled water sales among consumers since the national "Drink Up" campaig ...more

AP News - 7 hours ago

DEARBORN, Mich. (AP) — Ford's luxury Lincoln division is getting a new president.Kumar Galhotra, Ford's vice president of engineering, will become president of Lincoln on Sept. 1.Ford's global marketing chief, Jim Farley, led Lincoln for ...more

AP News - 7 hours ago

Solid earnings for a range of big companies helped nudge the stock market higher on Tuesday. The restaurant chain Chipotle Mexican Grill and the cable giant Comcast surged after reporting better results than Wall Street expected.On Tuesday:< ...more