Business News

AP News - 29 minutes ago

BEIJING (AP) — Five employees of a company accused of selling expired beef and chicken to McDonald's, KFC and other restaurants in China were detained by police Wednesday after an official said illegal activity was an organized effort by the supplier.< ...more

AP News - 1 hour ago

SEOUL, South Korea (AP) — Global stocks mostly rose Wednesday, bolstered by solid U.S. earnings and home sales as tensions between Russia and the West over Ukraine eased.Europe markets opened with moderate gains. Britain's FTSE 100 gained 0.2 pe ...more

AP News - 2 hours ago

MADRID (AP) — The Bank of Spain says the country's economy continues to show signs of recovery, growing by 0.5 percent in the second quarter compared with the previous three months.In provisional estimates released Wednesday, the bank raised its ...more

AP News - 2 hours ago

WASHINGTON (AP) — Donald Trump hopes to bring his signature brand of glitz to the nation's capital with a new luxury hotel in the city's third-tallest building.Trump plans to break ground Wednesday on a $200 million hotel that will transform the ...more

AP News - 3 hours ago

SEOUL, South Korea (AP) — LG Display Co. said profit for the April-June quarter more than doubled as a stronger won reduced the value of its foreign debt and the World Cup boosted demand for ultra-high-definition TVs.The South Korean display pan ...more

AP News - 4 hours ago

BERLIN (AP) — Automaker Daimler AG reported a 6 percent increase in second-quarter revenue and confirmed its full-year targets on Wednesday as new models and cost-cutting efforts helped its performance, though net profit declined sharply after a big on ...more

AP News - 10 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 - 11 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 - 11 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 - 12 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