Ethics panel scrutinizing dozens of House members
10:24
Dozens of lawmakers have drawn scrutiny from their ethics monitor this year for everything from financial dealings to travel and campaign donations, according to a leaked account showing an active House panel secretly...
Meltdown 101: What to know if your bank fails
10:06
Dozens of banks have failed this year. What do you need to know if yours is next? The number of bank failures has reached 115 since January _ more than four times the total for 2008 and the most since the savings and...
Stimulus saved, created 650,000 jobs, gov't claims
10:05
Nearly 650,000 jobs have been saved or created under President Barack Obama's economic stimulus plan, the government said Friday, and the White House declared the nation on track to meet the president's goal of 3.5...
Recalls: half & half, heavy whipping cream
9:30
The following recalls have been announced: ___ Morningstar Foods is recalling certain units of dairy products, including whipping cream and chocolate ice cream mix products, packaged in grocery store brands, because...
Big bank executives to meet with Fed
9:15
Executives of the nation's 28 largest banks will meet with Federal Reserve supervisors on Monday to discuss the Fed's plan to police banks' pay policies, officials said Friday. Under a plan recently put forward by the...
Southwest apologizes to mom on Calif. flight
8:24
A spokesman for Southwest Airlines says the carrier has apologized to a mother who was kicked off a plane along with her unruly 2-year-old earlier this week. Spokesman Chris Mainz said the airline called Pamela Root on...
Gas prices chugging higher as holidays near
8:05
Americans are paying more for gasoline than they did last year as the holidays approached _ billions of dollars that could go to books, clothes and Barbie dolls instead being spent at the pump. Gas averaged nearly...
US cyber center opens to battle computer attacks
7:38
The United States is well behind the curve in the fight against computer criminals, Sen. Joe Lieberman said Friday, as Homeland Security officials opened a $9 million operations center to better coordinate the...
Investor details $60M lost in alleged Petters scam
7:30
Jurors in a Minnesota businessman's fraud trial heard Friday how one hedge fund was fooled into losing $60 million in what prosecutors call one of the largest Ponzi schemes ever uncovered. Gregg Colburn, a partner in...
Retailers suspend business with Mich. fruit grower
7:21
Wal-Mart and two other top retailers said Friday they are suspending business with a large southwestern Michigan blueberry grower after investigators found children as young as 6 working in the grower's fields. ...
Ill. lawmakers OK caps on political donations
7:15
Illinois lawmakers have approved the state's first limits on the size of political contributions _ one of the highest-profile ethics proposals since former Illinois Gov. Rod Blagojevich's (blah-GOY'-uh-viches)...
Crop prices rise 7.7 percent amid soggy harvest
7:15
Crop prices jumped nearly 8 percent in October as rainy weather delayed harvests across the Midwest. Farmers are still getting paid much less for their crops compared with a year ago, when global food shortages pushed...
Intuit cuts CEO's compensation by about half
7:09
Intuit Inc. gave CEO Brad Smith compensation valued at $3.6 million, according to an Associated Press calculation of figures disclosed in a regulatory filing made Friday. The compensation was about half of what he...
Report: Stimulus saves, creates 22,500 Mich. jobs
7:01
The federal government said Friday that recipients of federal stimulus money in Michigan so far have reported saving or creating about 22,500 jobs _ the ninth most among the states. The Obama administration, citing...
AP Source: New management plans Chrysler price cut
6:56
Coming to your local Chrysler, Dodge or Jeep dealer: Tractor-trailers full of cars and trucks with lower sticker prices. The big discounts are part of new CEO Sergio Marchionne's attempt to revive the Detroit company...
Ala. gov lashes out at computer contract's critics
6:46
Alabama Gov. Bob Riley lashed out Friday at critics of a $13 million computer contract that his administration gave to a firm without a business phone listing or a Web site. At a news conference, Riley said the state...
Ill. gov says he supports campaign finance bill
6:39
Illinois Gov. Pat Quinn says he supports a compromise on how to cap political contributions. The Democratic governor says he looks forward to signing the measure, which he calls an "excellent" bill. It would create...
Stocks swoon as worries about the economy return
6:36
Grim signals about consumer spending ripped through the markets Friday, sending stocks tumbling as investors raced for safe havens. The Standard & Poor's 500 index and the Nasdaq composite index ended with losses...
RI reports about 200 fewer stimulus-funded jobs
6:35
Federal stimulus funding administered by Rhode Island's state government created or sustained nearly 1,490 jobs, or about 13 percent fewer positions than originally reported. New figures released Friday showed drops...
Earnings roundup: Nicor, Alliant Energy
6:34
Among the earnings stories for Friday, Oct. 30, from AP Financial News: NAPERVILLE, Ill. (AP) _ Natural gas distributor Nicor Inc. said its third-quarter profit jumped more than 10 times from the prior-year period...
Stimulus funds creates or preserves 2,300 Ky. jobs
6:33
Gov. Steve Beshear says the $2.9 billion in federal stimulus funds awarded to Kentucky has created or preserved nearly 2,300 jobs in the state. Beshear said in a written statement Friday that the money also allowed...
Idaho Falls projects biggest stimulus winners
6:31
The region surrounding Idaho Falls, with its energy laboratory and hazardous waste clean-up project, has been the biggest recipient of federal stimulus money. According to the latest reporting figures, the ZIP code...
Michigan's top stimulus cash recipients
6:27
State agencies are the top recipients of federal stimulus cash in Michigan, according to the Recovery Act Web site. Some Michigan-based automakers and universities also are high on the list. A breakdown of the Top 10 as...
Kansas Supreme Court rules against wind farms
6:27
The Kansas Supreme Court ruled Friday that Wabaunsee County commissioners have the right to prohibit the construction of commercial wind farms in their county. But the court also questioned whether an ordinance banning...
Opponents intensify anti-casino push in Ohio
6:24
U.S. Sen. George Voinovich, R-Ohio, said Friday he hoped the Holy Spirit would inspire voters to come out in droves against a plan to put casinos in the state's major cities. Separately, an organization opposing the...
Treasurys rally as stocks stage big sell-off
6:15
Treasury prices rebounded Friday as a big sell-off in the stock market sent investors scurrying for the safety of government debt. In late trading, the benchmark 10-year Treasury rose 30/32 to 101 31/32, sending its...
Nevada road stimulus helps rural areas most so far
6:15
Rural Nevada has benefited the most from federal highway stimulus dollars so far, receiving 63 percent of Federal Highway Administration funding for roads and other transportation projects, according to an Associated...
Commodities retreat as dollar gains strength
6:14
Gold, copper and oil fell as the dollar rebounded Friday but still managed to finish the month with big gains. The dollar rose against other currencies as investors sought shelter in safe assets like cash and Treasurys...
Professor, wife indicted on fraud, money charges
6:12
A University of Florida professor and his wife have been arrested and accused of receiving fraudulent government contracts from NASA and other government agencies and moving the funds to their personal bank accounts,...
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6:12
San Francisco Mayor Gavin Newsom ends race for Calif. governor, clearing Democratic field. ...
Weyerhaeuser breaks even in 3Q on timberland sale
6:11
For the second time in two years, lumber and wood products producer Weyerhaeuser Co. dodged a quarterly loss by selling valuable properties. The company said Friday it broke even in the third quarter, partly on...
Pa. gov to Legislature: Finish table games bill
6:09
Pennsylvania Gov. Ed Rendell is calling for the Legislature to immediately return to the Capitol to finalize a key piece of the state budget, the legalization of table games in casinos. Rendell made the request Friday,...
Duke Energy profits fall; conditions stabilize
6:09
Duke Energy reported Friday that sales to industrial customers have begun to stabilize, another signal that better economic conditions have led to growing power consumption. While crucial sales to big industrial...
L-3 Communications' Vertex gets $24.6M Navy deal
6:09
L-3 Communications Holdings Inc.'s Vertex Aerospace received a $24.6 million contract boost from the Navy for maintenance for the several aircraft, the Pentagon said late Friday. Services will be provided on the F-16,...
No change for Oregon video lottery retailer payout
6:07
The Oregon Lottery Commission has voted unanimously to maintain compensation rates for video lottery retailers despite claims by education advocates that schools should get a bigger share. The commissioners followed a...
Chevron 3Q profit slumps 51 percent; production up
6:06
Chevron said Friday it pumped its way through a weak third quarter, producing more oil as prices recovered from a severe plunge earlier in the year. The nation's second-largest oil and gas producer boosted revenues by...
Northrop Grumman gets $26.6M Navy deal
6:05
Northrop Grumman Corp. received a $26.6 million contract from Navy to build and deliver four radar systems used on ships, the Pentagon said late Friday. The radar systems provides the capability to detect and track...
Business Highlights
6:03
Flat incomes, weak consumer spending raise concern WASHINGTON (AP) _ Flat incomes suggest more weakness ahead in consumer spending, reinforcing concerns about a ho-hum holiday shopping season and a sluggish economic...
Lobbying spending hits record $849 million
6:00
Companies, unions and other interests spent $849 million on federal lobbying in July, August and September, more than in any quarter since lobbyists began filing quarterly reports at the beginning of last year,...
Canwest's National Post newspaper to stay alive
5:57
A judge Friday allowed Canada's insolvent media giant Canwest Global Communications to transfer the National Post into one of its divisions that is not under bankruptcy protection to stave off folding the unprofitable...
Wyoming lawmakers recommend new wind regulations
5:57
A Wyoming legislative task force has recommended tightening wind development standards at the county and state level to help establish a regulatory structure for companies pursuing wind farms here. The Legislature...
FDA warns P&G over Vicks products with vitamin C
5:44
The U.S. Food and Drug Administration sent a warning letter Friday to Procter & Gamble Co. saying the company was illegally marketing two Vicks cold and flu medicines containing vitamin C. The FDA said the...
UIL Holdings posts slightly higher 3Q profit
5:44
UIL Holdings Corp., the holding company for electric utility United Illuminating Co., said Friday its third-quarter profit edged higher a reduction in operating costs more than offset a decrease in revenue. The company...
Leaf groups seek challenge of Canadian law
5:43
Tobacco advocates are seething over a new Canadian law they claim will snuff out sales of cigarettes packed with U.S. burley, and they are fighting back to protect their export sales. They are asking U.S. trade...
NM may close state parks because of budget cuts
5:41
State parks may be closed and there could be fewer environmental inspections of oil and gas wells because of looming budget cuts, New Mexico Gov. Bill Richardson's administration said Friday. Energy, Minerals and...
Business events scheduled for the coming month
5:41
MONDAY, Nov. 2 NEW YORK _ The Institute for Supply Management releases its manufacturing index for October, 10 a.m. WASHINGTON _ National Association of Realtors releases pending home sales index for September, 10...
Wyoming has net job loss for 1st time in 21 years
5:39
Another grim economic statistic for Wyoming: For the first time in 21 years, the state lost jobs and statewide payroll shrank from one year to the next. The Wyoming Department of Employment on Friday released numbers...
Business events scheduled for the coming week
5:39
MONDAY, Nov. 2 NEW YORK _ The Institute for Supply Management releases its manufacturing index for October, 10 a.m. WASHINGTON _ National Association of Realtors releases pending home sales index for September, 10...
White House: Stimulus behind 14,315 Minnesota jobs
5:37
The White House said Friday that the federal stimulus package created or saved more than 14,000 jobs in Minnesota through the end of September, which is about 2,500 more jobs than state officials counted weeks ago. ...
Ending free transit for Illinois seniors derailed
5:35
Illinois senior citizens can continue riding for free on mass transit, but the perk means other commuters could see their fares increase. Officials and lawmakers had talked about limiting the freebie to low-income...