Business News

AP News - 7 hours ago

NEW YORK (AP) — Exxon Mobil's net income rose 28 percent in the second quarter on a sale of Asian assets and higher oil prices, but oil and gas production slipped a disappointing 6 percent.Exxon reported net income of $8.78 billion in for the se ...more

AP News - 7 hours ago

NEW YORK (AP) — T-Mobile US Inc., the most eligible company in the U.S. wireless industry, has another suitor on its hands. Upstart French telecom company Iliad SA on Thursday said it has offered $15 billion for a majority stake.Iliad is injecti ...more

AP News - 8 hours ago

WASHINGTON (AP) — For millions of workers, happy days aren't quite here again.Though the U.S. unemployment rate has plunged since the start of last year to a five-year low of 6.1 percent, the Gallup Organization has found that consumers' view of ...more

AP News - 9 hours ago

WARSAW, Poland (AP) — Poles are posting photos of themselves with apples online along with mocking comments to protest a Russian ban on Polish food.Russia will begin banning imports of most fruit and vegetables from Poland on Friday for what it ...more

AP News - 9 hours ago

NEW YORK (AP) — Shares of Synchrony Financial are rising slightly in their debut on the New York Stock Exchange.The credit card company raised $2.875 billion, selling 125 million shares at $23 per share,Data provider Dealogic says that ma ...more

AP News - 10 hours ago

BUCHAREST, Romania (AP) — A second person has drowned after rivers burst their banks in Romania, authorities said Thursday, and the flooding also caused damage across the Balkans, inundating a power plant in Serbia and causing landslides in Montenegro. ...more

AP News - 10 hours ago

WASHINGTON (AP) — Average U.S. mortgage rates declined slightly this week, hovering near their lows for the year.Mortgage company Freddie Mac said Thursday that the nationwide average for a 30-year loan slipped to 4.12 percent from 4.13 percent ...more

AP News - 10 hours ago

CHICAGO (AP) — Grain futures were mixed Thursday in early trading on the Chicago Board of Trade.Wheat for Sept delivery was unchanged at $5.2725 a bushel; Dec corn was 1.50 cents lower at $3.70 a bushel; Dec oats were unchanged at $3.2975 a bush ...more

AP News - 12 hours ago

DENVER (AP) — Lexus has signed a two-year contract to sponsor the USA Pro Cycling Challenge as part of a move by the luxury automaker to get more involved with the sport on a global basis.Lexus will become the official vehicle of the Colorado st ...more

AP News - 12 hours ago

WASHINGTON (AP) — More people sought U.S. unemployment benefits last week, but jobless claims remain at pre-recession levels.Weekly applications for unemployment aid rose 23,000 to a seasonally adjusted 302,000, the Labor Department said Thursda ...more