Business News

AP News - 6 minutes ago

DEARBORN, Mich. (AP) — Ford Motor Co.'s second quarter net income rose 6 percent to $1.3 billion as the company saw record profits in North America and made money in Europe for the first time in three years.The profit, of 32 cents per share, was ...more

AP News - 19 minutes ago

LONDON (AP) — A closely watched survey suggests economic growth in the 18-country eurozone picked up during July despite ongoing concerns over France, the currency bloc's second-largest economy.Financial information company Markit said Thursday ...more

AP News - 1 hour ago

BERLIN (AP) — The European Central Bank said Thursday that email addresses and other contact information have been stolen from a database that serves its public website, though it stressed that no internal systems or market-sensitive data were compromi ...more

AP News - 1 hour ago

MADRID (AP) — Spanish energy company Repsol says its second quarter net profit nearly doubled following capital gains it made from extricating itself from Argentina's YPF, which was nationalized in 2012.Repsol S.A. said Thursday that profit for ...more

AP News - 1 hour ago

HELSINKI (AP) — Telecommunications and wireless equipment maker Nokia Corp. saw its shares surge on Thursday after it reported higher profits and an improved earnings outlook in the wake of its sale to Microsoft of its troubled handset division. ...more

AP News - 2 hours ago

TAIPEI, Taiwan (AP) — Stormy weather trailing behind a typhoon was the likely cause of a plane crash on a Taiwanese island that killed 48 people on board and injured 10 on the plane and five on the ground, the airline said Thursday.The ATR-72 op ...more

AP News - 2 hours ago

NEW DELHI (AP) — Twelve children were killed Thursday when a train crashed into their school bus at an unmanned railroad crossing in southern India, police said.The bus driver also died while another 16 children ages 7 to 14 were injured and hos ...more

AP News - 2 hours ago

TOKYO (AP) — World shares were rattled Thursday by reports the European Union is weighing stiffer financial sanctions against Russia.A further pickup in China's manufacturing in July failed to lift markets which have been unnerved the past week ...more

AP News - 2 hours ago

MADRID (AP) — Official figures show that Spain's unemployment rate edged down to 24.5 percent in the second quarter from 25.9 percent in the previous three-month period, a further sign that the economy's recovery is gaining traction and making solid in ...more

AP News - 3 hours ago

WASHINGTON (AP) — After spending nearly $300 million on a new computer system to handle disability claims, the Social Security Administration still can't get it to work. And officials can't say when it will.Six years ago, Social Security embarke ...more