Business News

AP News - 6 minutes ago

PHILADELPHIA (AP) — Comcast Corp.'s second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated.The nation's largest cable provid ...more

AP News - 9 minutes ago

SEOUL, South Korea (AP) — Two passenger trains collided head-on in eastern South Korea on Tuesday, killing one passenger and injuring dozens, officials said.Authorities are investigating what caused the crash, which occurred at about 6 p.m. in e ...more

AP News - 32 minutes ago

NEW YORK (AP) — CIT Group is buying regional bank OneWest Bank in a $3.4 billion cash-and-stock deal.OneWest, whose parent company is IMB Holdco LLC, runs 73 retail branches in southern California. The bank is privately owned.IMB sharehol ...more

AP News - 42 minutes ago

WILMINGTON, Del. (AP) — DuPont Co. (DD) on Tuesday reported net income that climbed by 3.9 percent in its second quarter. The results matched analysts' expectations.The Wilmington, Delaware-based company said profit increased to $1.07 billion, o ...more

AP News - 1 hour ago

GENEVA (AP) — Credit Suisse, Switzerland's second-biggest bank, posted a second-quarter net loss of 700 million Swiss francs ($779 million) Tuesday after paying the largest penalty ever imposed in a U.S. criminal tax case.The steep loss contrast ...more

AP News - 2 hours ago

BEIJING (AP) — A suspect meat scandal in China engulfed Starbucks and Burger King on Tuesday and spread to Japan where McDonald's said the Chinese supplier accused of selling expired beef and chicken had provided 20 percent of the meat for its chicken ...more

AP News - 3 hours ago

MOSCOW (AP) — An assassination attempt against Russian President Vladimir Putin. A desperate ploy to draw the West into the battle for Ukraine's east. A botched mission to commit mass murder against Russian citizens.Russian news consumers are ge ...more

AP News - 4 hours ago

SPOKANE, Wash. (AP) — Firefighters and local authorities are heartened by weather forecasts that call for continued cooler temperatures and higher humidity as they battle a destructive wildfire that has charred hundreds of square miles in Washington st ...more

AP News - 4 hours ago

SEOUL, South Korea (AP) — South Korean police said Tuesday that a badly decomposed body found surrounded by liquor bottles in a field last month was that of a fugitive billionaire businessman blamed for April's ferry disaster that killed more than 300 ...more

AP News - 5 hours ago

DETROIT (AP) — Workers and retirees approved pension cuts in Detroit's bankruptcy by a landslide, the city reported Monday, a crucial step to emerging from the largest municipal insolvency in U.S. history.The city disclosed results from two mont ...more