Moody's ratings agency late Friday upgraded Greece's government bond rating, predicting a gradual decline of its massive national debt.
About 550 Army majors, including some serving in Afghanistan, will soon be told they have to leave the service by next spring as part of a budget-driven downsizing of the service.
U.S. stocks declined for a second day Friday, with the S&P 500 closing out its worst week in two years. Investors found little reason to move money into a stock market, with growing geopolitical concerns in Israel and Ukraine and concerns about U.S. corporate earnings, particularly in the energy sector.
The gasoline price roller coaster is running a strange course this summer.
Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
The government has reached its annual goal of giving small businesses 23 percent of contracts for the first time in eight years.
The U.S. stock market is closing out its worst week in two years.
A line of bicycles with a faulty front wheel and light fixture lenses that can shatter are among this week's recalled consumer products. Others include aquarium heaters and welding torch handles.
The famed hardwood court at UCLA's Pauley Pavilion will be replaced because of damage caused when 20 million gallons of water cascaded onto campus from a broken water main, the school announced Friday.
Wholesale cash prices Friday:
State Commerce Department announces new program to help small business borrowers with SBA loan collateral
The State Department of Commerce has a new program that would provide cash collateral to small-business borrowers.
Grain futures were mixed Friday on the Chicago Board of Trade.
Groupon has developed a list of America’s most pampered cities. Seattle is on the list, while Green Bay took overall honors. Columbus, Georgia, is the place for enemas.
Sometimes the struggles of an industry can bring music to your ears. And your screens.
President Barack Obama says the economy is getting stronger and, quote, "engines are revving a bit louder."
Memphis owner Robert Pera says he made changes in the Grizzlies' front office this offseason to make sure the organization is headed in the direction he wants it going.
FairPoint Communications and two unions representing 1,700 workers in Maine, New Hampshire and Vermont continued to negotiate Friday as the expiration of the existing contract looms this weekend.
Business News at 5 p.m.
A U.S. federal judge Friday urged Argentina to resume negotiations "as promptly as possible" to resolve its debt crisis and said the South American nation's officials must stop publicly uttering what he described as "half-truths" that mislead people about its legal obligations.
Federal regulators have approved a new treatment from U.S. drugmaker Eli Lilly and Co. and its German counterpart, Boehringer Ingelheim, for the most common form of diabetes .
Botox and eye-drug maker Allergan is suing a Canadian drugmaker and a hedge fund over their hostile takeover attempt, alleging insider trading and other fraud before their plan became public.
The Justice Department asked a full federal appeals court Friday to take up a case that has endangered subsidies helping millions of low- and middle-income people to afford their health care premiums under Obamacare.
NFL Commissioner Roger Goodell defended himself Friday against criticism that he was too lenient in suspending Ray Rice two games for his "horrible mistake."
The following is a list of initial public offerings planned for the coming week. Sources include Renaissance Capital, Greenwich, CT (www.renaissancecapital.com) and SEC filings.
Marijuana can go in more than brownies and cookies. And the dizzying variety of foods that can be infused with the drug is complicating matters for Colorado regulators who want to make sure pot-infused edibles and drinks won't be confused with regular foods.
U.S. markets are moving lower, extending a major sell-off from the day before.
The spot month contract for light sweet crude was $97.21 per barrel at 12 p.m. Friday on the New York Mercantile Exchange.
A measure of U.S. consumer confidence slipped in July although it remained at levels signaling further gains in consumer spending.
British police say a fire that gutted a landmark seaside pier in southern England may have been started deliberately.
Shares of Mobileye are soaring on the Israeli car technology company's first day of public trading amid strong investor demand.
Grain futures were mixed Friday in early trading on the Chicago Board of Trade.
Hewlett-Packard Co. has agreed to pay $32.5 million to settle allegations it overcharged the U.S. Postal Service for products over more than eight years.
The Obama administration is moving to cut down on the thousands of foodborne illnesses linked to chicken and turkey each year with an overhaul of poultry plant inspection rules that are more than 50 years old.
Yahoo says it has filed a complaint to Germany's highest court against a year-old law that broadened copyright protection for news material used on the Internet.
US manufacturing expanded for the 14th straight month in July in a good sign for the overall economy.
Citigroup Inc. says it's been told by the Securities and Exchange Commission that the agency has completed its investigation of the bank's conduct regarding mortgage bonds and won't bring further enforcement action.
General Motors says its U.S. sales rose 9.4 percent last month, making it the best July since 2007.
Miami linebackers coach Micheal Barrow is taking a sabbatical and will not be with the Hurricanes this season to tend to an undisclosed family matter.
U.S. construction spending fell in June by the largest amount in more than three years as housing, non-residential construction and government spending all weakened.
Hyundai is recalling more than 419,000 cars and SUVs to fix suspension, brake and oil leak problems.
U.S. stocks are stabilizing a day after a steep drop as investors were encouraged by the latest wave of hiring.
Chevron Corp. earnings rose 5.6 percent in the second quarter on asset sales and higher global oil prices, though oil and gas production slipped slightly.
Clorox's fiscal fourth-quarter profit declined 7 percent, as foreign currency fluctuations weighed on its sales overseas.
Ford's U.S. sales jumped 10 percent in July on strong demand for its SUVs.
Fiat shareholders voted Friday overwhelmingly in favor of a merger with Chrysler that has been five years in the works and will shift the 115-year-old carmaker's center of gravity abroad.
U.S. consumer spending rose at the fastest pace in three months in June, providing momentum for the economy going into the second half of the year.
July marked a sixth straight month with 200,000-plus jobs growth, the government said Friday, cementing the view of a firming U.S. economic recovery. Deeper within the numbers, however, was an explanation for why many Americans still don’t feel much better.
A sixth straight month of solid 200,000-plus job growth in July reinforced growing evidence that the U.S. economy is accelerating after five years of sluggish expansion.
Ignition switch problems that have plagued General Motors and Chrysler have now turned up in the motorcycle business.
Scientific Games plans to pay about $3.3 billion to buy Bally Technologies in a deal that would combine makers of gambling equipment ranging from slot machines to instant-win lottery games.
Procter & Gamble is about to shrink.
Burger King Worldwide Inc. said its profit climbed by 19 percent in the second quarter as lower costs and growth overseas boosted results.
Hilton Worldwide Holdings Inc.'s (HLT) second-quarter earnings rose 35 percent and topped Wall Street expectations.
The Greenpeace ship Arctic Sunrise departed for the Netherlands on Friday nearly a year after Russian authorities seized it during a protest against an oil platform, the Amsterdam-based environmental group said.
A Frenchman convicted of one of history's biggest trading frauds was accorded a conditional release from prison — only to have freedom denied with a quick appeal by the prosecutor's office.
Chrysler says its U.S. sales rose 20 percent in July from a year ago, its best performance for the month in nine years.
The Royal Bank of Scotland says it made a net profit of 1.42 billion pounds ($2.39 billion) in the first half of the year, up from 535 million pounds in 2013, as it warned that Scottish independence could dent its business.
A Georgia peanut plant linked to a deadly salmonella outbreak cut corners and sent fake lab results to customers, endangering consumers nationwide, federal prosecutors said Friday as they opened a rare case seeking criminal punishment for corporate workers over food poisoning.
The World Trade Organization began regrouping Friday to see whether it is still possible to finalize a major deal to boost global trade after a deadline passed to formally adopt it.
One of the country's largest overseers of troubled home loans, Nationstar Mortgage Holdings Inc., is quietly trying to sell a $100 million insurance agency that doesn't appear to exist.
For months, CIA Director John Brennan stood firm in his insistence that the CIA had little to be ashamed of after searching the computers of the Senate Intelligence Committee. His defiant posture quickly collapsed after a devastating report by his own inspector general sided against the CIA on each key point of the dispute with the Senate.
Casino revenue in the global gambling mecca of Macau fell for a second straight month in July as Chinese high rollers stayed away because of Beijing's corruption crackdown.
ArcelorMittal, the world's largest steelmaker, says it swung to a profit in the second quarter on higher steel shipments and better margins, and it sees improving markets in the United States and Europe.
U.S. stocks fell for a second day Friday, adding to the massive sell-off the day before and giving the market its worst week in two years.
With a host of reports this week pointing to a healthier U.S. economy, analysts expect Friday's monthly jobs report to send a similar message.
The Federal Aviation Administration is restricting U.S. airlines from flying at or below 30,000 feet over Iraq because of what it calls "the potentially hazardous situation created by the armed conflict" there.
Chinese manufacturing rose to the highest level in more than two years in July in the latest sign that the world's No. 2 economy is perking up after a series of mini-stimulus measures unleashed by authorities.
Congress gave final approval Thursday to a $10.8 billion bill to keep federal highway funds flowing to states through the summer construction season and the fall elections.
Congress passed a landmark bill Thursday to help veterans avoid long waits for health care and fix other problems at the Department of Veterans Affairs.
A bill to address the crisis of unaccompanied migrant youths arriving at the U.S.-Mexico border has died in the Senate on a procedural vote.
Donald Trump remains in the running to buy the Buffalo Bills.
An Oregon Medicaid committee on Thursday significantly scaled back access to an effective — but expensive — new drug used to treat hepatitis C.
A 68-year-old Illinois man was jailed without bond Thursday after being accused by federal prosecutors of inserting sewing needles into packaged meat "just for the hell of it" at a grocery store in his hometown at least seven times over more than a year.
A federal judge in the U.S. territory of Guam denied a motion Thursday to release a Russian lawmaker's son accused of hacking computers inside hundreds of U.S. businesses.
The governors of California, Oregon and Washington sent a letter to Interior Secretary Sally Jewel on Thursday to stress that they don't want the possibility of drilling off of the West Coast.
Hours before the federal government was set to reduce payments to states for road and bridge projects, Congress approved a temporary fix Thursday that would maintain funding through the middle of next year.
Alarmed by booming sales of highly potent edible marijuana products, Colorado regulators have drafted an emergency rule making it easier for new users to tell how much pot they're eating.
An Alaska Native regional corporation and six Native Village corporations signed an agreement with a Shell Oil subsidiary Thursday that aims to share the profits from offshore drilling off Alaska's northwest coast.
Electric car maker Tesla Motors said Thursday that it is preparing a site near Reno, Nevada, as a possible location for its new battery factory, but is still evaluating other sites.
The new rules require plants to conduct their own testing and sampling of birds for the first time for food-borne pathogens such as campylobacter and salmonella, at least twice during the production process.
It's a drama worthy of the Metropolitan Opera: Frantic, last-minute labor negotiations aimed at averting a lockout that threatens to stop both pay and benefits for thousands of singers, musicians, stagehands and other workers.
Railroad workers and their families protest proposal to move to one-person crews on BNSF freight trains
Two protests, one in Tacoma and the other in SeaTac, this week highlighted opposition to a tentative union-management deal to reduce train crews to one person on about 60 percent of BNSF trains.
The Dow Jones industrial average had its worst one-day drop since February, erasing its gain for the year, as traders worried about weak corporate earnings and the looming end of economic stimulus from the Federal Reserve. The slide interrupted a prolonged advance in the market which brought the Standard & Poor's 500 index to its latest record high close just one week ago.
Electric car maker Tesla Motors widened its loss in the second quarter as it prepared for the launch of a new SUV and started work on a massive new battery plant.
One of the nation's largest coal producers said Thursday it expects to lay off 1,100 workers at 11 southern West Virginia surface coal mines by mid-October, citing dismal markets and federal regulation.
The Top 20 Concert Tours ranks artists by average box office gross per city and includes the average ticket price for shows in North America. The previous week's ranking is in parentheses. The list is based on data provided to the trade publication Pollstar by concert promoters and venue managers.
Marathon Petroleum Corp. (MPC) on Thursday reported earnings that rose by 44 percent in its second quarter, and topped analysts' expectations.
Swimming pool with a hot tub. Four bedrooms and four-car garage. Granite countertops and stainless-steel appliances. That's what $ 1 million will buy you in the Phoenix suburb of Mesa.
Shares of LinkedIn Corp. jumped Thursday after the professional networking service reported a second-quarter loss but still topped analysts' expectations.
Congress ran full-tilt into election-year gridlock over immigration Thursday and staggered toward a five-week summer break after failing to agree on legislation to cope with the influx of young immigrants flocking illegally to the United States.
Most people haven’t participated in a drill to simulate possible outcomes – and their response – if investment markets turn significantly downward.
U.S. stocks had their worst one-day drop since February as traders worried about weak corporate earnings and the looming end of economic stimulus from the Federal Reserve.
Grain futures were mostly higher Thursday on the Chicago Board of Trade.
Grain futures were mostly higher Thursday on the Chicago Board of Trade.
U.S. stocks are plunging, putting the market on track for its first monthly loss since January.
BorgWarner Inc. (BWA) on Thursday reported earnings that climbed by 9.2 percent in its second quarter, and topped analysts' expectations.
Once more, the tea party forced House Speaker John Boehner to blink.
A U.S. man has sued Cristiano Ronaldo over the phrase "CR7," which is used by the Real Madrid forward as shorthand for his name.
The Obama administration is overhauling poultry plant inspections for the first time in more than 50 years, a move it says could result in 5,000 fewer foodborne illnesses each year.
Puget Sound ferry service should be back on schedule by Saturday after disruptions caused by maintenance and unexpected repairs, the interim head of Washington State Ferries said Thursday.
The Food and Drug Administration has approved a new long-acting inhaler drug from Boehringer Ingelheim to treat people with chronic lung disease.
The fees that banks charge debit-card users who overdraw their accounts usually cost more than the items being bought.
Defense contractor L-3 Communications said Thursday that it fired four employees after discovering they overstated the company's profit and sales from a contract with the U.S. government.
Coca-Cola is reversing course after fans of Vitaminwater complained about the drink's new sweetener.
Twitter said government requests for user data grew sharply in the past six months as more countries asked for a greater amount of information about users.
Companies overseeing millions of mortgage loans appear to be skirting new federal regulations and legal settlements intended to stop them profiteering at the expense of troubled homeowners.
The Obama administration's push to reduce black lung disease by limiting coal dust in mines will begin to take effect on Friday.
A coal train derailment that killed two Maryland college students was caused by a broken rail on a section of track being monitored by a railroad because of previous problems, the National Transportation Safety Board said Thursday.
Sauerkraut business OlyKraut LLC of Olympia is a semi-finalist in a Kitsap Bank small business competition called edge3 Fund.
U.S. law enforcement can force Microsoft Corp. to turn over emails it stores in Ireland, a judge ruled in a case that technology companies have rallied around as they pursue billions of dollars in data storage business abroad.
PG&E Corp.'s second-quarter net income dropped 19 percent, hindered in part by rising operating expenses.
Southwest Airlines and SeaWorld Entertainment are ending their 25-year-old marketing partnership, officials with both companies said Thursday, as the airline has been urged by animal rights activists to terminate the relationship.
Juventus has renewed its sponsorship agreement with Fiat to 2021.
San Francisco Association of Realtors President Betty Taisch has two words of advice for those who want to live here and think $1 million will buy them their dream house: Think again.
T-Mobile US Inc., the most eligible company in the U.S. wireless industry, has another suitor on its hands. Upstart French telecom company Iliad SA on Thursday said it has offered $15 billion for a majority stake.
Automatic Data Processing Inc.'s fiscal fourth-quarter net income climbed 27 percent as revenue improved across its businesses.
Steven Madden Ltd. on Thursday reported earnings that decreased by 3.3 percent in its second quarter, and missed analysts' expectations.
Italian oil and gas company Eni says its second quarter earnings more than doubled thanks to its successful renegotiation of long-term gas supply contracts.
The Food and Drug Administration announced Thursday it will begin regulating laboratory-developed tests, a growing class of medical diagnostics that have never before been subject to federal oversight.
New York's Federal Reserve Bank warned on Thursday that Puerto Rico needs to improve its financial health soon or face a "painful adjustment."
A jury has been seated to hear the trial of three people charged in connection with a deadly salmonella outbreak traced to a southwest Georgia peanut plant five years ago.
An Orange County packaged-food company is voluntarily recalling several products over fears of possible botulism contamination.
Shares of Synchrony Financial barely moved Thursday in their debut on the New York Stock Exchange, but that's a better outcome than the broader markets which plunged.
U.S. stocks are sharply lower following weak corporate earnings. Exxon Mobil and Whole Foods slumped.
The European Union on Thursday revealed the details of its broad economic sanctions against Russia, including the names of five major banks which will see their access to the 28-nation bloc's capital market curtailed.
With only one of nine Greenpeace activists willing to accept a plea deal, a judge on Thursday set a trial date for the other eight on felony charges in an eye-catching protest at Procter & Gamble's headquarters in downtown Cincinnati.
After three days of jury selection, a panel with plenty of extra members was seated Thursday to hear the case of three people charged in connection with a deadly salmonella outbreak traced to a southwest Georgia peanut plant five years ago.
The Republican candidate for California governor said Thursday he spent a week living as a homeless person in Fresno to highlight the disparity between the governor's claim that the state is making an economic comeback and the reality faced by the working poor in the nation's most populous state.
A small plane clipped the top of a store before it crashed in the parking lot of a San Diego shopping center, killing a 78-year-old passenger and seriously injuring the 52-year-old pilot, authorities said.
A judge has ordered Kellogg to put employees at its Memphis, Tennessee, cereal production facility back to work.
Starz (STRZA) on Thursday reported profit that climbed by 9.7 percent in its second quarter, and topped analysts' expectations.
The fight over Wisconsin Gov. Scott Walker's signature policy achievement, a law effectively ending collective bargaining for most public employees, ended Thursday with the state Supreme Court declaring it to be constitutional.
Average U.S. mortgage rates declined slightly this week, hovering near their lows for the year.
Hyatt Hotels Corp. (H) on Thursday reported earnings that declined by 34 percent in its second quarter, and beat analysts' expectations.
The U.S. State Department rolled out travel and visa restrictions on Venezuelan officials accused of human rights violations. But South Florida lawmakers say the sanctions dont go far enough.Read more here: http://www.miamiherald.com/2014/07/30/4262612/us-imposes-travel-sanctions-on.html#storylink=cpy
Lexus has signed a two-year contract to sponsor the USA Pro Cycling Challenge as part of a move by the luxury automaker to get more involved with the sport on a global basis.
DirecTV on Thursday reported profit that rose by 22 percent in its second quarter, helped by demand for World Cup soccer game coverage, and topped analysts' expectations.
Applications for U.S. unemployment benefits rose last week, but they remain close to pre-recession averages.
Colgate-Palmolive Co. (CL) on Thursday reported profit that increased by 11 percent in its second quarter. The results matched analysts' expectations.
Discovery Communications Inc. (DISCA) on Thursday reported profit that increased by 26 percent in its second quarter, and topped analysts' expectations.
Most Asian stock markets dipped on Friday following a big sell-off on Wall Street but losses were limited by optimistic reports on China's economy.
The U.S. unemployment rate has plunged since the start of last year to a five-year low of 6.1 percent. And the July jobs report being released Friday will likely show a sixth straight month of healthy 200,000-plus gains.
Kellogg's cereal sales are struggling, in part because Special K is falling out of fashion with dieters.
MasterCard's second-quarter net income climbed 9.8 percent as it benefited from volume growth and handled more transactions in the period.
Exxon Mobil's net income rose 28 percent in the second quarter on a sale of Asian assets and higher oil prices, but oil and gas production slipped a disappointing 6 percent.
- The Department of Health and Human Services failed to properly plan and oversee development of the federal health insurance marketplace despite tight deadlines, ever-changing requirements and the complex nature of the project, according to new congressional testimony released on Wednesday.
In this trio of photos, workers weave Thai silk and adjust batches of dried thread at a decades-old workshop that supplies silk material to upmarket stores in Bangkok. Thailand's share of world silk production is relatively modest at less than 1,000 tons a year compared with leader China, with well over 100,000 tons annually. But Thailand is noted for its hand-woven silk products, which add value and serve a luxury market separate from commercial, low-price products. American entrepreneur Jim Thompson revived the country's traditional silk-weaving industry in the 1950s, overseeing the process from raising silkworms to retail sales and promoting silk as a high-fashion item around the world.
More people sought U.S. unemployment benefits last week, but jobless claims remain at pre-recession levels.
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