Business News

AP News - 13 minutes ago

DES MOINES, Iowa (AP) — Rain that has washed out portions of fields in several corn-growing states prompted the government to lower its estimate of this year's corn crop size, but soybean fields may actually produce more than earlier expected, the U.S. ...more

AP News - 20 minutes ago

TOKYO (AP) — A 6.8-magnitude earthquake has hit Japan's northern coast near the nuclear power plant crippled in the 2011 earthquake and tsunami.Japan's Meteorological Agency says the quake struck early Saturday 10 kilometers (6 miles) below the ...more

AP News - 36 minutes ago

Soybean contracts are settling at their lowest price in nearly four years after a government report bolstered expectations for ample supplies.In a report Friday, the U.S. Department of Agriculture estimates that this season's soybean harvest cou ...more

AP News - 1 hour ago

More than 30,000 power adaptors for cellphones have been recalled because they can overheat and pose a burn hazard. Other recalled items include charging kits that pose a fire hazard.Here's a more detailed look:POWER ADAPTOR/CHARGER

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AP News - 1 hour ago

The price of oil plunged 2 percent Friday, the largest one-day drop since April, as Libyan oil appears poised to return to the market while global demand looks to be muted.Benchmark U.S. crude for August delivery fell $2.10 cents to close at $10 ...more

AP News - 1 hour ago

SAN FRANCISCO (AP) — The former head of the nation's largest public pension fund pleaded guilty Friday to bribery and fraud.Federico Buenrostro Jr., the former chief executive of California Public Employees' Retirement System, entered his plea i ...more

AP News - 1 hour ago

NEW YORK (AP) — Citing an anthrax scare and a recurring problem with safety, the Centers for Disease Control and Prevention on Friday shut down two research labs and stopped shipping highly dangerous germs to other labs.One of the closed facilit ...more

AP News - 2 hours ago

RIO DE JANEIRO (AP) — The most valuable and expensive World Cup ever will earn billions of dollars for FIFA, millions for the competing countries and thousands for the more than 700 players selected.From its near $4.5 billion in revenue from bro ...more

AP News - 3 hours ago

Cigarette makers Reynolds American Inc. and Lorillard Inc. on Friday said they are in talks of a possible merger that would combine two of the nation's oldest and biggest tobacco companies.Here's a look at both companies:REYNOLDS AMERICAN ...more

AP News - 4 hours ago

NEW YORK (AP) — A stable housing market and fewer bad loans helped lift Wells Fargo's quarterly profit 3 percent.The country's largest mortgage lender said Friday that net income rose to $5.42 billion for the three months ending in June, up from ...more