Business News

AP News - 17 minutes ago

NEW YORK (AP) — Darden Restaurants CEO and Chairman Clarence Otis is stepping down as the company fights to fix its flagship Olive Garden chain following its contested sale of Red Lobster.The company, based in Orlando, Florida, also said Monday ...more

AP News - 1 hour ago

LOS ANGELES (AP) — Embattled Los Angeles Clippers owner Donald Sterling lost his attempt to block the $2 billion sale of the team to former Microsoft CEO Steve Ballmer.In allowing the deal to go forward, Superior Court Judge Michael Levanas side ...more

AP News - 4 hours ago

ARLINGTON, Va. (AP) — Twenty-two miners were killed in accidents during the first half of 2014, compared to 18 in the first half of 2013 and 19 for the same period in 2012.The U.S. Department of Labor's Mine Safety and Health Administration on M ...more

AP News - 4 hours ago

BUENOS AIRES, Argentina (AP) — Argentina's government said Monday it will make another effort to reach a deal with US. creditors ahead of a looming deadline that risks sending the country into its second default in 13 years.Cabinet Chief Jorge C ...more

AP News - 4 hours ago

___US companies increasingly fish for growth overseasSAN FRANCISCO (AP) — Major U.S. companies are starting to reap their most rapid growth in fertile lands of opportunity far from home.Technology trendsetters Apple Inc., Google In ...more

AP News - 5 hours ago

WASHINGTON (AP) — Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on six-month bills unchanged, while rates on three-month bills rose to their highest level in four weeks.The Treasury Department auctioned $2 ...more

AP News - 6 hours ago

NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:NYSEFamily Dollar Stores Inc., up $15.08 to $75.74The discount retailer is being bought for $8.5 bi ...more

AP News - 9 hours ago

NEW YORK (AP) — Red Lobster wants to be seen as a purveyor of quality seafood, so it's getting rid of some of its promotional discounts and stacking the food higher on plates, as is the style at fancier restaurants.The changes mark the latest at ...more

AP News - 10 hours ago

MADRID (AP) — Spain's royal palace accounts will be subject to external audits and the results made public under a series of measure ordered by new King Felipe VI in an apparent bid to clean up the royal family's tarnished image.A Palace stateme ...more

AP News - 11 hours ago

SPRINGDALE, Ark. (AP) — Tyson Foods plans to sell its poultry businesses in Mexico and Brazil for $575 million in cash to help pay debt from its recently announced acquisition of Hillshire Brands.The Springdale, Arkansas, meat processor said Mon ...more