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Stocks jump following strong corporate earnings
NEW YORK — A combination of strong company earnings and encouraging economic reports, both in the U.S. and Europe, gave the stock market another day of solid gains on Thursday. Caterpillar jumped after its third-quarter earnings report was better than Wall Street analysts had been expecting. Th...
By Steve Rothwell The Associated Press FULL STORY
 
Senators ask for nationwide air bag recall
DETROIT — Two U.S. senators are calling on regulators to issue a nationwide recall of cars with faulty air bags made by Takata Corp., questioning why automakers have been allowed to limit recalls to only certain locations with high humidity. Democratic Sens. Richard Blumenthal of Connecticut and...
By Tom Krisher The Associated Press FULL STORY
Average U.S. 30-year loan rate falls to 3.92 percent
WASHINGTON — Average U.S. long-term mortgage rates continued to slide this week, raising prospects of a wave of consumers refinancing their loans. The 30-year mortgage fell further below 4 percent. Mortgage company Freddie Mac said Thursday that the nationwide average for a 30-year loan declined...
The Associated Press FULL STORY
 
U.S. tech firm fined for underpaying Indian workers
SAN FRANCISCO — A Silicon Valley company is paying more than $43,000 in back wages and penalties after labor regulators found eight employees brought from India were grossly underpaid and overworked while assigned to a special project in the U.S. The probe announced this week by the U.S Depar...
By Michael Liedtke The Associated Press FULL STORY
Cloud business lifts Microsoft’s quarterly results
SAN FRANCISCO — Microsoft’s quarterly profit and revenue sailed past expectations Thursday, as CEO Satya Nadella’s push to embrace cloud computing and diversify into mobile devices helped lift sales by 25 percent. Revenue from cloud services, including software delivered over the Internet, mo...
The Associated Press FULL STORY
 
Fuel costs ease, U.S. airline profits soar
DALLAS — Profits are soaring at the biggest U.S. airlines as fuel prices drop — but don’t expect fares to fall too. Heading into the busy holiday-travel period, the airlines expect even cheaper fuel, thanks to the nosedive in crude oil prices. The price of jet fuel, an airline’s biggest sin...
The Associated Press FULL STORY
What to expect from your bond mutual fund
NEW YORK — Oh, right. Stability. That’s what bond mutual funds are for. When stock markets tumbled around the world last week, bond funds remained solid once again. They continued to inch ahead, while stock indexes swung up and down by more than 1 percent for five straight days. So many invest...
The Associated Press FULL STORY
 
Optimize your game plan for holiday toy shopping
NEW YORK — Looking for the holiday season’s hot toys, like anything related to Disney’s “Frozen”? Or maybe you’re not picky and just looking for deals? Toy sellers are increasingly catering to time-starved, budget-conscious shoppers with new features on websites or improved layouts in t...
The Associated Press FULL STORY
Celgene 3Q profit climbs; company lifts outlook
NEW YORK — Celgene Corp. said Thursday that its net income climbed 37 percent in the third quarter, and the biotechnology company raised its forecast for the full year. Celgene also announced a new cancer drug development partnership with a price tag that could top $1 billion. Its shares gained...
The Associated Press FULL STORY
 
Union Pacific 3Q profit chugs ahead 19 percent
OMAHA, Neb. — Union Pacific Corp. delivered a 19 percent increase in its third-quarter profit as the railroad hauled 7 percent more freight and increased rates. “We are optimistic about the remainder of the year,” CEO Jack Koraleski said. “Assuming the economy and weather cooperate, we are ...
The Associated Press FULL STORY
 
  


 
 
 
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Iraqi officials say IS militants used chlorine gas
BAGHDAD — Islamic State militants used chlorine gas during fighting with security forces and Shiit..
Ford profit falls in third quarter on truck costs
DEARBORN, Mich. — Ford's new aluminum-sided F-150 will be a lot lighter and more efficient when it..
Federal officials: Dallas nurse free of Ebola
WASHINGTON — The first nurse diagnosed with Ebola after treating an infected man at a Dallas hospi..
After 1st Ebola case in NYC, 3 others quarantined
NEW YORK — Officials tried to tamp down New Yorkers' fears Friday after a doctor was diagnosed wit..
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