Business News

AP News - 6 hours ago

TOKYO (AP) — Asian stocks were mostly higher Tuesday as markets calmed from initial jitters over Greece's election result, with Tokyo shares making a significant rebound, cheered by the cheap yen.KEEPING SCORE: Japan's Nikkei 225 stock average ...more

AP News - 9 hours ago

NEW YORK (AP) — Rob Manfred knows he'll get pounded now that he's baseball commissioner — his name is printed in blue script on the sweet spot between the seams of every big league ball."Probably good if I get hit hard," he said, smiling and lau ...more

AP News - 10 hours ago

SAN FRANCISCO (AP) — Big jumps in sales of its Surface tablets, cloud computing software and Lumia smartphones drove Microsoft's quarterly revenue above expectations, as CEO Satya Nadella continues to steer toward the mobile gadget market and shift Mic ...more

AP News - 11 hours ago

WASHINGTON (AP) — Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on six-month bills unchanged while rates on three-month bills dropped to the lowest level since October.The Treasury Department auctioned $24 ...more

AP News - 12 hours ago

Major U.S. stock indexes notched small gains on Monday, with six of the 10 sectors in the Standard & Poor's 500 index closing higher.Investors considered the latest batch of corporate earnings, mergers, and the implications of an election vi ...more

AP News - 12 hours ago

SAN FRANCISCO (AP) — Calling it "ridiculous" and "baseless," IBM on Monday dismissed a report that said the technology giant plans to lay off 1 in 4 of its workers, or 100,000 people.The company "flatly denies" the Forbes report, IBM spokesman I ...more

AP News - 12 hours ago

SPOKANE, Wash. (AP) — For the first time, all varieties of apples from the United States will go on sale in China, the U.S. Department of Agriculture said Monday.A deal was reached last week between officials for the United States and Chinese go ...more

AP News - 13 hours ago

NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:NYSEOcwen Financial Corp., up 56 cents to $6.91The mortgage loan servicing company agreed to pay $2 ...more

AP News - 14 hours ago

CHICAGO (AP) — Grain futures were mixed Monday on the Chicago Board of Trade.Wheat for Mar delivery fell 9.50 cents to $5.2050 a bushel; Mar corn fell 2.75 cents to 3.84 a bushel; Mar oats were .25 cent higher at $2.9075 a bushel; while Mar soyb ...more

AP News - 14 hours ago

LONDON (AP) — Standard & Poor's rating agency on Monday downgraded Russia's credit grade by one notch to junk status, citing a weakened economic outlook.The agency dropped the rating to BB+ from BBB- as it sees the country's financial buffer ...more