Business News

AP News - 40 mins ago

LONDON (AP) — Inflation across the 18 euro countries dipped further toward zero in September, piling pressure on the European Central Bank to pull the trigger on its biggest stimulus weapon — a large-scale program to create new money.Expectation ...more

AP News - 51 mins ago

CHICAGO (AP) — Grain futures were lower Tuesday in early trading on the Chicago Board of Trade.Wheat for Dec delivery was unchanged at $4.8125 a bushel; Dec corn was 1.50 cents lower at $3.2425 a bushel; Dec oats were unchanged at $3.34 a bushel ...more

AP News - 54 mins ago

Walgreen booked a $239 million loss in its fiscal fourth quarter after swallowing a huge accounting charge from its Alliance-Boots acquisition, but the drugstore chain's results still met Wall Street expectations.Walgreen Co. said Tuesday that i ...more

AP News - 58 mins ago

WASHINGTON (AP) — U.S. consumer confidence dropped in September after hitting the highest level in nearly seven years in August.The Conference Board reported Tuesday that its confidence index fell to 86.0, the lowest point since a May reading of ...more

AP News - 1 hour ago

NEW YORK (AP) — With Bill Gross' surprise departure from Pimco, 45-year-old Daniel Ivascyn now finds himself watching over trillions in assets at the huge mutual fund firm.The new chief investment officer takes over from a fiery Wall Street lege ...more

AP News - 1 hour ago

E-commerce company eBay said Tuesday that it is spinning off its mobile payment service PayPal into a separate and publicly traded company next year.The companies have been intertwined since eBay bought PayPal 12 years ago for $1.3 billion. Ebay ...more

AP News - 1 hour ago

CAIRO (AP) — The Egyptian president has amended a law, giving the country's army control over weapons and ammunition imports.Tuesday's statement from the presidency says Abdel-Fattah el-Sissi changed articles stipulating that a permit for weapon ...more

AP News - 1 hour ago

WASHINGTON (AP) — U.S. home prices in July increased at the slowest pace in 20 months, reflecting sluggish sales and a greater supply of houses for sale.The Standard & Poor's/Case-Shiller 20-city home price index rose 6.7 percent in July fro ...more

AP News - 2 hours ago

TURNER, Ore. (AP) — There is one thing that the people at Willamette Valley Vineyards want you to know about their annual grape stomp. It is a very important point, one they make several times."We do not use the grapes that people stomp in our w ...more

AP News - 5 hours ago

TIRANA, Albania (AP) — The World Bank is lending Albania $150 million (€118 million) to help overhaul its dysfunctional state-run power sector and pay for electricity imports from other Balkan states.The Energy Ministry said Tuesday the loan wil ...more