Business News

AP News - 3 mins ago

NEW YORK (AP) — Target has slashed its annual profit outlook as the retailer continues to reel from a massive data breach, a disappointing expansion in Canada and sluggish sales in the U.S.The nation's third-largest retailer also said Wednesday ...more

AP News - 56 mins ago

MOORESVILLE, N.C. (AP) — Lowe's second-quarter net income increased 10 percent, bolstered by improving weather.The home improvement company's performance beat analysts' expectations, but the Mooresville, North Carolina, company lowered its full- ...more

AP News - 1 hour ago

LONDON (AP) — Consensus among policymakers at the Bank of England has been shattered, with two of nine members of the monetary policy committee voting to increase interest rates from a record low of 0.5 percent.Minutes published Wednesday for th ...more

AP News - 1 hour ago

GENEVA (AP) — Commodities and mining group Glencore PLC says it will buy back up to $1 billion of its own shares as profit for the first half of the year rose 8 percent.The Swiss-based company, which created an industry giant through the merger ...more

AP News - 3 hours ago

TOKYO (AP) — Japan's trade deficit rose in July from the month before to a wider than expected 964 billion yen ($9.4 billion), though exports were higher for the first time in three months, the government said Wednesday.It was the 25th straight ...more

AP News - 3 hours ago

HONG KONG (AP) — Royal Caribbean's newest ship has attractions not usually seen on cruise liners, including bumper cars, a skydiving simulator and a glass observation capsule on a mechanical arm that lifts its passengers high into the air.What's ...more

AP News - 7 hours ago

WASHINGTON (AP) — A grisly video released Tuesday shows Islamic State militants beheading American journalist James Foley, U.S. officials said, in what the extremists called retribution for recent U.S. airstrikes in Iraq. The militants threatened to ki ...more

AP News - 8 hours ago

TOKYO (AP) — Asian stock markets got a slight boost Wednesday from positive U.S. economic figures that reinforced expectations of eventual Fed rate hikes and a stronger dollar.KEEPING SCORE: Hong Kong's Hang Seng was up 0.1 percent at 25,154.62 ...more

AP News - 8 hours ago

LOS ANGELES (AP) — Fewer U.S. homeowners are falling behind on their mortgage payments, a trend that has reduced the late-payment rate on home loans to the lowest level in six years, according to credit reporting agency TransUnion.The percentage ...more

AP News - 9 hours ago

BEIJING (AP) — A gas explosion at a coal mine in eastern China has killed at least two miners, and rescuers searched Wednesday for 25 more workers missing in the blast, state media reported.Twelve other miners were rescued from the privately own ...more