Business News

AP News - Jul 24, 2015 4:40 PM

NEW YORK (AP) — It's official: Amazon is bigger than Wal-Mart.Amazon shares surged almost 10 percent on Friday after the e-commerce powerhouse reported a surprise second-quarter profit and a better-than-expected 20 percent jump in revenue.

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AP News - Jul 24, 2015 4:37 PM

NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:NYSEVisa Inc., up $3.05 to $74.80The payment processing company's third-quarter profit jumped 25 pe ...more

AP News - Jul 24, 2015 3:48 PM

CHICAGO (AP) — Grain futures were lower Friday on the Chicago Board of Trade.Wheat for September delivery was off 9.75 cents to $5.1175 a bushel; December corn lost 12 cents at 4.0275 a bushel; December oats fell 6.50 cents at 2.4250 a bushel; w ...more

AP News - Jul 24, 2015 3:16 PM

WASHINGTON (AP) — The U.S. housing market has sizzled this summer, lifting expectations that home sales will finally help drive an economic expansion now in its seventh year.Or will it?Signs are emerging that housing's momentum may be des ...more

AP News - Jul 24, 2015 3:12 PM

NEW YORK (AP) — AT&T's $48.5 billion purchase of DirecTV is set to close after winning approval Friday from the Federal Communications Commission.The Justice Department had already cleared the deal, which will create the largest provider of ...more

AP News - Jul 24, 2015 2:46 PM

KATHMANDU, Nepal (AP) — An association of trekking agencies in Nepal on Friday criticized an assessment report that found trails around Mount Annapurna safe for hikers following April's devastating earthquake.Kit Miyamoto of the California-based ...more

AP News - Jul 24, 2015 2:37 PM

WASHINGTON (AP) — Transportation Secretary Anthony Foxx said Friday the government has opened a price-gouging investigation involving five airlines that allegedly raised airfares in the Northeast after a deadly Amtrak crash in Philadelphia in May disru ...more

AP News - Jul 24, 2015 1:59 PM

ROME (AP) — Italy's summer of woe got worse Friday with one strike at Pompeii that left lines of tourists baking in the sun outside the World Heritage archaeological site and another at Alitalia that left passengers scrambling to rebook cancelled fligh ...more

AP News - Jul 24, 2015 11:04 AM

FORT WORTH, Texas (AP) — Dramatically cheaper jet fuel helped American Airlines nearly double its second-quarter profit to $1.7 billion despite lower revenue.The world's biggest airline said Friday that it was American's most profitable quarter ...more

AP News - Jul 24, 2015 10:37 AM

CHICAGO (AP) — Grain futures were lower Friday in early trading on the Chicago Board of Trade.Wheat for September delivery was 9.50 cents lower at $5.12 a bushel; December corn was 8 cents lower at $4.0560 a bushel; December oats were 6.50 cents ...more



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