Business News

AP News - 59 minutes ago

WASHINGTON (AP) — After a dismal start to the year reflecting a harsh winter, the U.S. economy showed signs of rebounding in the spring, with many forecasters expecting growth to be even stronger in the second half of the year.The government on ...more

AP News - 1 hour ago

TOKYO (AP) — Toyota remains No. 1 in global vehicles sales after the first six months of this year, followed by Volkswagen which bumped General Motors out of second place as the U.S. automaker grapples with a recall scandal.Japan's Toyota Motor ...more

AP News - 1 hour ago

NEW YORK (AP) — The little blue bird is flying high. Stronger-than-expected financial results pushed Twitter's stock sharply higher on Tuesday after the short messaging service said its revenue more than doubled in the second quarter.Twitter als ...more

AP News - 1 hour ago

TOKYO (AP) — Asian stocks rose Wednesday ahead of U.S. economic data and as cheery earnings from major Japanese companies such as Honda Motor Co. countered a lower close on Wall Street.KEEPING SCORE: Tokyo's Nikkei 225 recouped losses at the ope ...more

AP News - 2 hours ago

CANBERRA, Australia (AP) — An Australian airline apologized on Wednesday for a warning a flight attendant gave passengers who might have been flying high that there were drug-sniffer dogs awaiting them at Sydney airport.Many of the 210 passenger ...more

AP News - 5 hours ago

AKRON, Ohio (AP) — Ben Crane won the St. Jude Classic in June, his first victory in three years and the fifth of his PGA Tour career.For all he knows, Crane might never win again. Or maybe this would be the start of more victories.Winning ...more

AP News - 6 hours ago

American Express Co.'s net income grew 9 percent in the second quarter, as spending by cardholders increased and the credit card issuer set aside less money to cover potential credit losses. A one-time gain related to the company's business travel divi ...more

AP News - 7 hours ago

WELLINGTON, New Zealand (AP) — A group of Air New Zealand passengers finally got airborne Tuesday after being stranded for three nights due to repeated delays from mechanical problems.The upside? They were stuck in Hawaii. And every passenger is ...more

AP News - 8 hours ago

NEW YORK (AP) — Samsung Electronics Co., the world's biggest maker of smartphones, saw its sales drop in the second quarter, a research firm said Tuesday.The Korean phone giant lost ground to upstart Chinese manufacturers after several years of ...more

AP News - 8 hours ago

Biologic drugmaker Amgen said Tuesday that it will lay off 12 percent to 15 percent of its worldwide workforce and close four sites, even as it reported very strong second-quarter results that trounced Wall Street expectations.The maker of Proli ...more