Business News

AP News - 11 minutes ago

RIYADH, Saudi Arabia (AP) — The Saudi government has approved a measure that will open the region's largest stock market to direct foreign investment next year, news that sent the exchange surging Tuesday to its highest level in nearly seven years. ...more

AP News - 17 minutes ago

WASHINGTON (AP) — The Federal Aviation Administration told U.S. airlines Tuesday they are prohibited from flying to the Tel Aviv airport in Israel for 24 hours following a Hamas rocket explosion nearby.The ban began 12:15 p.m. EST on Tuesday, th ...more

AP News - 47 minutes ago

OAK BROOK, Ill. (AP) — McDonald's Corp. said its profit slipped in the second quarter as sales in the U.S. continued to flag.The world's biggest hamburger chain has been struggling to boost sales in its flagship market amid intensifying competit ...more

AP News - 52 minutes ago

ATLANTA (AP) — Coca-Cola Co. reported sales that fell short of Wall Street estimates on Tuesday as demand weakened for Diet Coke in North America.Globally, the world's biggest beverage maker, said sales volume rose 3 percent in the second quarte ...more

AP News - 1 hour ago

LONDON (AP) — Global stocks rallied Tuesday amid more solid U.S. earnings reports and as the bodies of those killed in the Malaysia Airlines crash reached Ukrainian government-controlled territory.The crash of the jetliner, which cost the lives ...more

AP News - 1 hour ago

WASHINGTON (AP) — Sales of previously owned homes rose for a third straight month in June, pushing activity to the highest level in eight months and providing evidence that housing is regaining lost momentum.The National Association of Realtors ...more

AP News - 1 hour ago

GENEVA (AP) — Credit Suisse, Switzerland's second-biggest bank, posted a second-quarter net loss of 700 million Swiss francs ($779 million) Tuesday after paying the largest penalty ever imposed in a U.S. criminal tax case.The steep loss contrast ...more

AP News - 2 hours ago

CHICAGO (AP) — Grain futures were higher Tuesday in early trading on the Chicago Board of Trade.Wheat for Sept delivery was unchanged at $5.30 a bushel; Sept corn was 1.25 cents higher at $3.6525 a bushel; Dec oats were unchanged at $3.25 a bush ...more

AP News - 2 hours ago

WASHINGTON (AP) — House Speaker John Boehner (BAY'nuhr) says the public won't support spending money on the border crisis unless Congress makes policy changes to return migrant kids home faster.In a statement Tuesday Boehner also charges that Pr ...more

AP News - 3 hours ago

WASHINGTON (AP) — US home sales increase 2.6 percent to 5.04 million, fastest pace in 8 months. ...more