Business News

AP News - 2 hours ago

In a sign of increased caution about flying near combat zones, U.S. and European airlines halted flights to Israel Tuesday after a rocket landed near Tel Aviv's Ben Gurion Airport.Delta Air Lines and United Airlines suspended service between the ...more

AP News - 2 hours ago

BEIJING (AP) — A suspect meat scandal in China engulfed Starbucks and Burger King on Tuesday and spread to Japan where McDonald's said the Chinese supplier accused of selling expired beef and chicken had provided 20 percent of the meat for its chicken ...more

AP News - 3 hours ago

PHILADELPHIA (AP) — Comcast's second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace and video subscriber losses moderated.The nation's largest cable provider topped Wall Street ...more

AP News - 3 hours ago

RIYADH, Saudi Arabia (AP) — The Saudi government has approved a measure that will open the region's largest stock market to direct foreign investment next year, news that sent the exchange surging Tuesday to its highest level in nearly seven years. ...more

AP News - 4 hours ago

OAK BROOK, Ill. (AP) — McDonald's Corp. said its profit slipped in the second quarter as sales in the U.S. continued to flag.The world's biggest hamburger chain has been struggling to boost sales in its flagship market amid intensifying competit ...more

AP News - 4 hours ago

NEW YORK (AP) — The "Colbert Bump" is becoming contagious.Edan Lepucki, whose novel "California" became a best-seller thanks to a plug from Stephen Colbert, has in turn helped another book catch on. During an interview on Comedy Central's "The C ...more

AP News - 4 hours ago

ATLANTA (AP) — Coca-Cola Co. reported sales that fell short of Wall Street estimates on Tuesday as demand weakened for Diet Coke in North America.Globally, the world's biggest beverage maker, said sales volume rose 3 percent in the second quarte ...more

AP News - 4 hours ago

LONDON (AP) — Global stocks rallied Tuesday amid more solid U.S. earnings reports and as the bodies of those killed in the Malaysia Airlines crash reached Ukrainian government-controlled territory.The crash of the jetliner, which cost the lives ...more

AP News - 5 hours ago

WASHINGTON (AP) — Sales of previously owned homes rose for a third straight month in June, pushing activity to the highest level in eight months and providing evidence that housing is regaining lost momentum.The National Association of Realtors ...more

AP News - 5 hours ago

GENEVA (AP) — Credit Suisse, Switzerland's second-biggest bank, posted a second-quarter net loss of 700 million Swiss francs ($779 million) Tuesday after paying the largest penalty ever imposed in a U.S. criminal tax case.The steep loss contrast ...more