Business News
NEW YORK (AP) — Loyalty programs at supermarkets used to be as simple as getting access to the cheaper advertised prices on store shelves.But as companies fight to hold onto customers amid intensifying competition, they're using shoppers' purcha ...more
WASHINGTON (AP) — President Barack Obama said Thursday that the U.S. and Turkey will keep ramping up pressure to oust Syrian President Bashar Assad from power, but there's "no magic formula" to stop his violence.At a news conference with Turkish ...more
LONDON (AP) — American tycoon Donald Trump is taking legal action to challenge the Scottish government's decision to approve an offshore wind farm near his luxury golf resort.The Trump Organization said Thursday it has lodged a petition with Sco ...more
ATHENS, Greece (AP) — Flights in Greece were halted for four hours Thursday as the country's two largest labor unions staged work stoppages to protest austerity measures and a government decision to cancel a teachers' strike.Flights resumed afte ...more
LONDON (AP) — Four young computer hackers who masterminded cyberattacks on targets from the CIA to Sony Pictures and Rupert Murdoch's News International were sentenced to up to 32 months in prison on Thursday.The hackers, who were affiliated wit ...more
OMAHA, Neb. (AP) — Warren Buffett's Berkshire Hathaway Inc. was downgraded by Standard & Poor's Ratings Services Thursday after the credit rating agency changed the way it evaluates insurance companies.The ratings agency dropped its investme ...more
DETROIT (AP) — Only two of 13 small SUVs performed well in front-end crash tests done by an insurance industry group, with several popular models faring poorly in the evaluations.Subaru's 2014 Forester was the only vehicle to get the top "good" ...more
WASHINGTON (AP) — In a story May 15 about astronauts at the International Space Station getting the new "Star Trek" movie, The Associated Press reported erroneously when the film opened on Earth. "Star Trek into Darkness" opened in the United States on ...more
WASHINGTON (AP) — Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows. Cheaper mortgages have helped the economy by spurring more home-buying and refinancing.Mortgage buyer Freddie Mac says the average rate f ...more
BUENOS AIRES, Argentina (AP) — Two million Argentines will get wage hikes of 24 percent under a deal President Cristina Fernandez brokered with six allied labor unions.Now the government is hoping for similar numbers in next month's salary negot ...more
