Business News

AP News - 39 mins ago

MIAMI (AP) — As the U.S. appetite for soccer grows, more American kids are harboring dreams of becoming the next David Beckham or Leo Messi. Their aspirations, realistic or not, have not gone unnoticed by top international teams, which are trying to ca ...more

AP News - 50 mins ago

SEOUL, South Korea (AP) — Kim Min-koo has an easy reply to new American research that hits South Korea where it hurts — in the noodles. Drunk and hungry just after dawn, he rips the lid off a bowl of his beloved fast food, wobbling on his feet but stil ...more

AP News - 1 hour ago

WASHINGTON (AP) — Bank of America's purchase of Countrywide Financial has cost it tens of billions of dollars over the past six years. An expected $17 billion settlement with the Justice Departm ent will increase that toll, but not by a full $17 billio ...more

AP News - 5 hours ago

HONG KONG (AP) — Growth in China's vast manufacturing industry weakened in August, suggesting that the recovery in the world No. 2 economy is losing momentum and Beijing may need to spoon out more stimulus.The preliminary version of HSBC's manuf ...more

AP News - 7 hours ago

SANTIAGO, Chile (AP) — A power failure has knocked out the main subway line in Chile's capital, trapping thousands of riders and throwing Santiago's evening rush hour into chaos.Passengers were stuck underground in train cars without lights, and ...more

AP News - 7 hours ago

MILTON, Del. (AP) — Jeff Gordon may as well have been any average sports fan, sliding up to the bar and ordering a beer.But for a guy who has mastered winemaking as well as he has winning races, Gordon needed a remedial course on the finer point ...more

AP News - 8 hours ago

WASHINGTON (AP) — Bank of America has reached a record settlement of nearly $17 billion to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials directly familiar with the matter sa ...more

AP News - 9 hours ago

WASHINGTON (AP) — How much will Bank of America's expected $17 billion mortgage settlement cost the company? The answer is, almost certainly not that much.In mega-settlements negotiated with the government, a dollar is rarely worth an actual dol ...more

AP News - 9 hours ago

PHOENIX (AP) — Residents began cleaning up Wednesday from devastating flooding that slammed Arizona a day earlier, trapping people in vehicles and homes and destroying up to $2 million worth of inventory at a cactus nursery north of Phoenix.The ...more

AP News - 9 hours ago

ORLANDO, Fla. (AP) — SeaWorld Entertainment has dropped an appeal of citations it received after the drowning of a trainer who was pulled under by a killer whale, ending any chance of trainers ever again swimming with orcas during shows.The mari ...more