Business News

AP News - May 20, 2015 3:37 PM

NEW YORK (AP) — While saying that it is still a music company at heart, Spotify says it is expanding its lineup to include podcasts, news radio and video streaming.The company says it wants to help people create a soundtrack for their day that i ...more

AP News - May 20, 2015 3:18 PM

NEW YORK (AP) — Elon Musk, the star CEO of the electric car company Tesla Motors and the rocket company SpaceX, staged an elaborate event last month to unveil a new product. Not a sleek new luxury car. Not a rocket that can ferry people to Mars. A home ...more

AP News - May 20, 2015 2:57 PM

NEW BRUNSWICK, N.J. (AP) — Johnson & Johnson is predicting big returns from its prescription drug business, both financially and medically, as it develops treatments and strategies to intervene earlier and prevent or reduce the damage from several ...more

AP News - May 20, 2015 2:24 PM

VATICAN CITY (AP) — A new development model is needed to combat global warming, one that marries economic growth to combat poverty with a sustainable use of resources, Pope Francis' deputy said Wednesday.Cardinal Pietro Parolin, the Vatican secr ...more

AP News - May 20, 2015 2:04 PM

Retired AC Milan standout Paolo Maldini and TV rights entrepreneur Riccardo Silva are launching the Miami Football Club in the North American Soccer League.Miami FC plans to start playing in 2016. The NASL is the United States' second-tier compe ...more

AP News - May 20, 2015 2:00 PM

WASHINGTON (AP) — Fed minutes show officials split over economic slowdown: temporary or longer lasting? ...more

AP News - May 20, 2015 1:57 PM

NEW YORK (AP) — Target is beating Wal-Mart in the race to beef up sales.Target Corp. on Wednesday reported a nearly 52 percent surge in its first-quarter profit on strong sales of more profitable items like fashion and baby products, evidence th ...more

AP News - May 20, 2015 1:17 PM

GUATEMALA CITY (AP) — Guatemalan authorities have arrested more than a dozen public servants and private citizens in connection with a health care corruption case.Prosecutors allege Wednesday that officials at the Guatemalan Social Security Inst ...more

AP News - May 20, 2015 10:50 AM

MOORESVILLE, N.C. (AP) — Lowe's sales and profit rose in the first quarter as the housing market began to thaw, but the performance was far from what Wall Street had expected and shares slid 4 percent Wednesday.The performance was a stark contra ...more

AP News - May 20, 2015 10:25 AM

ATHENS, Greece (AP) — Greece will not be able to repay a loan to the International Monetary Fund early next month unless a deal is reached with its creditors to unblock bailout funds, the governing party's parliament spokesman said Wednesday.Nik ...more