Boeing says first 747-8 emerges from factory
11:19
Boeing Co. says the first of the delay-plagued new version of its 747 freighter jet has emerged from the factory to be set up for test flights. The aerospace company based in Chicago said the plane was towed from its...
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9:46
Man convicted of killing Little Rock TV personality Anne Pressly sentenced to life in prison. ...
Jury: Fmr. slaughterhouse manager guilty of fraud
9:21
A former manager of an Iowa kosher slaughterhouse that was the site of a massive immigration raid was convicted Thursday on 86 financial fraud charges that could bring a prison sentence of hundreds of years. Sholom...
Women face tough choices on abortion coverage
8:58
Millions of American women will face tough choices about abortion coverage if restrictions in the House health care bill become law, both sides in the abortion debate agree. Divisions over abortion are a major obstacle...
Family hurt in Texas pipeline explosion files suit
8:24
A family whose members suffered burns when a natural gas pipeline exploded last week in the Texas Panhandle filed a negligence lawsuit Thursday against the companies that own and operate it. The Torres family filed the...
Disney CEO hints at successor amid upbeat 4Q
8:19
The Walt Disney Co. posted a surprise 18 percent increase in fourth-quarter earnings Thursday and announced an executive job switch that might point to an eventual successor to Chief Executive Robert Iger. Iger, 58,...
Spitzer speaks on corporate integrity at Harvard
8:17
The head of an ethics program at Harvard University strongly defended the choice of former New York Gov. Eliot Spitzer to deliver a lecture on integrity in the nation's financial markets. Spitzer, driven from office by...
Vegas nightclub owners file for bankruptcy in Fla.
8:02
The owners of a nightclub and lounge on the Las Vegas Strip have filed for bankruptcy protection in Florida. Prive Vegas LLC and PVPH LLC filed Chapter 11 bankruptcy cases in federal bankruptcy court on Wednesday,...
Food fight: Burger King franchisees sue chain
8:02
Burger King franchisees sued the hamburger company this week over its $1 double cheeseburger promotion, saying they're losing money on the deal and the company can't set maximum menu prices. The National Franchise...
Fed: banks need customer consent on overdraft fees
7:58
Banks will have to secure their customers' consent before charging large overdraft fees on ATM and debit card transactions, according to a new rule announced Thursday by the Federal Reserve. The rule responds to...
Iberia, British Airways agree basis for merger
7:40
Iberia and British Airways have approved an agreement establishing the basis for a merger, the Spanish carrier said late Thursday. Iberia called it a "binding agreement" aimed at creating one of the world's largest...
Old GM reports $100M in losses since July
7:25
Would you buy stock in a company that has assets of $1.5 billion, liabilities of $35 billion and only $60,000 in revenue in 2 1/2 months? Those were figures reported Thursday by Motors Liquidation Co., the company...
Judge delays auction for Philly newspapers 1 week
7:25
The bankruptcy auction for The Philadelphia Inquirer and Philadelphia Daily News is on hold one week while creditors appeal a key bid rule. The auction to determine the next owner of the two major dailies had been set...
Genworth Financial expects $85M tax benefit
7:18
Insurance company Genworth Financial Inc. said Thursday it expects to recover about $85 million in federal income taxes it has paid. The refund is due to recently enacted legislation, the company said. The exact...
Boeing expected to dump its stake in Sea Launch
7:00
The president of Sea Launch Co. said he expects Boeing Co. to drop all or most of its ownership of the international partnership, which is reorganizing under Chapter 11 bankruptcy protection. Kjell Karlsen said he...
Federal deficit sets October record of $176.4B
6:54
The federal deficit hit a record for October as the new budget year began where the old one ended: with the government awash in red ink. Economists worry that if such deficits continue it could push up interest rates,...
Arizona grocery store workers poised to strike
6:53
Thousands of union workers across Arizona are poised to go on strike Friday after months of failed negotiations with two major grocery chains. The union gave grocery giants Safeway Inc. and Fry's, owned by...
Alliance HealthCare to offer $200 million in notes
6:53
Alliance HealthCare Services Inc. said Thursday it plans to offer $200 million in senior notes in a private offering and negotiate a new credit agreement with lenders so it can refinance debt. The company said the new...
Buffett, Gates tell students worst is behind us
6:52
Capitalism is still alive and well, say the world's two richest men, despite lingering shocks from the longest, deepest recession since the Great Depression. "The financial panic is behind us," said famed investor...
Boeing says structural flaw fixed on 1st 787
6:39
Boeing Co. said Thursday it has finished fixing structural flaws in the first of its long-delayed 787 jetliners. The problem forced the company to postpone test flying the jet for a fifth time earlier this year. The...
Dollar General IPO set at $21 per share
6:31
Investors looking to have a hand in the future of frugal will watch shares of discount retailer Dollar General, which will begin trading Friday now that the company has priced its initial public offering. Dollar...
LaHood to create panel to fix airline industry
6:29
Transportation Secretary Ray LaHood said Thursday he will create a special panel to come up with a plan to restore health to the ailing airline industry, which is losing billions of dollars, shedding jobs and blamed for...
Canadian Pacific announces $379M debt offering
6:29
Canadian Pacific Railway Co. is issuing about $379 million (400 million Canadian dollars) of notes that it could use for pension obligations and restructuring of debt. Parent Canadian Pacific Railway Ltd. announced...
Defense Secretary Gates thanks Wis. truck makers
6:28
Defense Secretary Robert Gates commended workers at Oshkosh Corp., telling them Thursday that the military trucks they produce that are being used in Afghanistan are saving soldiers' lives. The newest trucks, designed...
Hemlock breaks ground on $1.2B Clarksville plant
6:20
Hemlock Semiconductor Corp. and Tennessee officials on Thursday broke ground on a $1.2 billion plant and renamed the road leading to the sprawling facility "Solar Way." The plant will produce polysilicon, a raw...
A history of Intel and AMD's legal battles
6:20
Intel Corp. says it will pay $1.25 billion to Advanced Micro Devices Inc. in a settlement announced Thursday. The following is a look at the legal battles between Intel and AMD, which supply essentially all of the...
International Speedway sells Staten Island land
6:19
International Speedway Corp. said Thursday it has agreed to sell its 676-acre parcel of property in Staten Island, N.Y., to KB Marine Holdings for $80 million. The agreement calls for the transaction to close by Feb....
Intertape Polymer to delist shares from NYSE
6:16
Intertape Polymer Group Inc. said Thursday it plans to voluntarily delist its shares of common stock from the New York Stock Exchange, but will continue to list its shares on the Toronto Stock Exchange. The Canadian...
Treasury prices recover after 30-year sale
6:15
Long-term treasury prices finished Thursday moderately higher, recovering from a drop immediately following an auction of 30-year bonds. Prices for short-term Treasurys edged higher throughout the day. Tom Porcelli, a...
Ameren Energy prices $250M senior notes sale
6:15
Ameren Corp. unit Ameren Energy Generating Co. said Thursday it will sell $250 million of senior notes to help pay off debt. The St. Louis-based power company said it would offer 6.3 percent senior notes due 2020. The...
Colo. receives federal grant for clean-tech export
6:13
Colorado will receive a $363,135 federal grant to promote clean-technology exports to China and Mexico. State officials announced the grant from the U.S. Department of Commerce Thursday. The Colorado International...
Vt. economy hits bottom; revenue forecast up a bit
6:11
Vermont's economy apparently is turning a corner but heading into a slow, painful recovery, state budget officials were told Thursday. "It's going to be a couple of tough years still," Gov. Jim Douglas said after the...
Ex-Willbros consultant pleads guilty over bribes
6:11
A former consultant for a subsidiary of Willbros Group Inc. said Thursday he helped bribe Nigerian officials in hopes of winning a $387 million pipeline contract for the oil and gas services company. Paul G. Novak, 43,...
Report: Playboy in talks to be sold, shares jump
6:10
Shares of Playboy Enterprises Inc. soared Thursday on a report that the men's magazine publisher is in talks to sell its business to Iconix Brand Group Inc. The stock rose by as much as 66 percent during the day and...
Former Nevada businessman faces fraud charges
6:09
A federal prosecutor says the former owner of a Nevada property firm faces conspiracy and fraud charges in a mortgage fraud scheme involving so-called "straw buyers" and false loan documents. The U.S. attorney for...
Special session could loom for Ky. legislature
6:08
Gov. Steve Beshear's administration is not ruling out a possible special session later this year to address special legislation needed in Kentucky's attempt to lure a Harley Davidson motorcycle plant, his office said...
Ex-New Orleans vendor arraigned in contract case
6:08
A one-time city vendor pleaded not guilty Thursday to engaging in a kickback scheme involving contracts for New Orleans' crime surveillance program. A federal grand jury on Friday issued a 63-count indictment,...
Cephalon, Barr settle Fentora dispute
6:07
Cephalon Inc. will give Barr Pharmaceuticals Inc. a license to sell a generic version of the pain drug Fentora in 2018 as part of a patent lawsuit settlement, according to a Securities and Exchange Commission filing...
Claims fall; when jobs will come is anyone's guess
6:05
With the sputtering job market flashing an encouraging sign _ unemployment claims at their lowest point since January _ the White House announced a summit Thursday to try to speed the day when hiring finally starts...
Virginia man pleads guilty in $16M fraud scheme
6:03
Federal prosecutors say the owner of a Virginia coffee roasting company has pleaded guilty in fraud schemes that resulted in $16 million in illegal proceeds. Forty-six-year-old Hanif Hassan Moledina, formerly of Great...
Navistar gets $127.3M Army contract
6:00
Navistar International Corp. recently received a $127.3 million contract to provide more than 900 general transport trucks, the Pentagon said late Thursday. Work is to be performed in West Point, Miss., with an...
Teacher shortage gives way to teacher glut
5:59
When Lilli Lackey started college, talk of a growing teacher shortage gave her confidence that a job would be waiting for her when she got out. Now, six months after graduating, she considers herself lucky just to find...
NC employee health plan still has higher claims
5:55
The health insurance plan for North Carolina state employees is still paying out more claims than budgeted for the first three months of the fiscal year. Lawmakers received State Health Plan data Thursday showing paid...
Banks borrow less from emergency Fed program
5:55
Banks borrowed slightly less from the Federal Reserve's emergency lending program over the past week, and reduced their use of other credit programs designed to ease the financial crisis. The Fed said Thursday that...
Oil fire in southwestern Manitoba under control
5:54
Officials say an oil fire in southwestern Manitoba, near the North Dakota border, is under control. The blaze was reported at a storage structure owned by Calgary-based EOG Resources Canada near the community of...
Hemlock breaks ground on $1.2B Tennessee plant
5:52
Officials have broken ground on the $1.2 billion Hemlock Semiconductor plant and renamed the road leading to the facility on the outskirts of Clarksville as "Solar Way." The plant will produce polysilicon, a raw...
S&P revises outlook on Whole Foods to stable
5:52
Standard & Poor's said Thursday it has revised its outlook on Whole Foods Market Inc. to stable from negative and affirmed its junk rating on the grocer's corporate debt. The positive revision in S&P's outlook...
Wis. regulators approve electric rate increase
5:48
We Energies customers will face bigger electric bills. The state Public Service Commission has approved a $90 million rate increase for We Energies subsidiary Wisconsin Electric Power Co., or WEPCO. That translates to...
How the major stock indexes fared on Thursday
5:47
A jump in the nation's energy inventories sent stocks falling Thursday as investors worried that demand for oil and gasoline is falling because of the struggling economy. Major stock indexes slid about 1 percent from...
Mass. Sen. candidate Coakley shows no large assets
5:45
Financial disclosure forms filed by Massachusetts Attorney General Martha Coakley in her bid for the U.S. Senate offer an unusual revelation: Despite a six-figure salary, she has no reportable assets worth more than...