Business News

AP News - 6 mins ago

WASHINGTON (AP) — Sales of existing U.S. homes rose for the fourth straight month in July to their highest level in nearly a year, the latest sign that the housing recovery is picking up after stumbling at the start of the year.The National Asso ...more

AP News - 7 mins ago

DETROIT (AP) — Honda is recalling 12,000 Fit subcompacts to replace the steel front bumper beams so the cars are more crash-resistant.The tiny Fit was redesigned for the 2015 model year, and initially it flunked a key front-end crash test done b ...more

AP News - 7 mins ago

WASHINGTON (AP) — US existing home sales rise for 4th straight month as supply grows, price gains moderate. ...more

AP News - 16 mins ago

ATLANTA (AP) — At least one of the two American aid workers who were infected with the deadly Ebola virus in Africa has recovered and was to be discharged Thursday from an Atlanta hospital, a spokeswoman for the aid group he was working for said.

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AP News - 16 mins ago

WASHINGTON (AP) — Fewer people applied for U.S. unemployment benefits last week, another sign the job market is improving.The Labor Department said Thursday that weekly claims for jobless aid fell 14,000 last week to a seasonally adjusted 298,00 ...more

AP News - 19 mins ago

WASHINGTON (AP) — The government has reached a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis, the Justice Department announced Thursday.The deal calls ...more

AP News - 37 mins ago

HOFFMAN ESTATES, Ill. (AP) — Sears Holdings Inc. recorded a hefty second-quarter loss Thursday on another sales slump, raising more concerns about the future of a company that once was a staple of American shopping.The company, which operates Se ...more

AP News - 38 mins ago

MOSCOW (AP) — Russia's food safety agency will conduct checks on McDonald's restaurants in the Ural region following food safety complaints, local news agencies reported Thursday, a day after four branches of the chain were shuttered in Moscow.N ...more

AP News - 52 mins ago

MATTHEWS, N.C. (AP) — Family Dollar is rebuffing Dollar General's takeover bid, citing antitrust issues. The discounter's board supports its existing merger with Dollar Tree.Family Dollar Stores Inc. Chairman and CEO Howard Levine said in a stat ...more

AP News - 1 hour 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