Senators seek cost cuts for F-35 fighter jet
2013-06-19 15:27:58 UTC
WASHINGTON (AP) — Senators are seeking cost-cutting opportunities in the Pentagon's $400 billion program for the next-generation F-35, a fighter jet with a troubled testing record that military leaders say America cannot afford not to build....
United 787 heading to Tokyo diverted to Seattle
2013-06-19 15:27:00 UTC
SEATTLE (AP) — A Boeing 787 flying from Denver to Tokyo diverted to Seattle because of an oil filter issue, a United Airlines spokeswoman said.
An airline maintenance team was inspecting the jet after Flight 139 landed normally Tuesday aftern...
Chrysler agrees to recall of Jeeps at risk of fire
2013-06-19 05:46:46 UTC
DETROIT (AP) — After initially defying federal regulators, Chrysler abruptly agreed Tuesday to recall some older-model Jeeps with fuel tanks that could rupture and cause fires in rear-end collisions.
But the recall, which came in an 11th-...
MGM, AEG to develop 20K seat Las Vegas Strip arena
2013-06-19 05:45:08 UTC
LAS VEGAS (AP) — Years of talk about building an arena capable of hosting professional sports and big-name concerts yielded an announcement Tuesday that casino giant MGM Resorts International and entertainment company AEG will build a pri...
World's 3 biggest shipping operators unite
2013-06-18 17:40:48 UTC
COPENHAGEN, Denmark (AP) — Danish shipping and oil group A.P. Moller-Maersk says the world's three biggest shipping container operators have entered an alliance to reduce fuel consumption and improve service and operations.
Vincent Clerc of t...
US safety agency investigating Suzuki small SUVs
2013-06-18 17:38:33 UTC
DETROIT (AP) — U.S. safety regulators said Tuesday that they are investigating problems with air bag sensors in the seats of some small Suzuki SUVs.
The probe covers 205,000 vehicles including Grand Vitaras from the 2006 through 2011 model year...
Sprint sues to stop Dish Clearwire buyout
2013-06-18 17:34:48 UTC
OVERLAND PARK, Kan. (AP) — Sprint is suing to stop Dish Network's buyout of wireless data network operator Clearwire. The nation's third-largest cellphone carrier said the proposed deal violates the rights of Sprint and other Clearwire sharehold...
Chevron secures Iraqi Kurdish oil deal
2013-06-18 17:27:38 UTC
BAGHDAD (AP) — U.S. oil giant Chevron says it has signed a deal with Iraq's Kurdish regional government to expand its oil exploration territory in the northern self-rule region.
The California-based company said in a statement emailed Tuesday...
Wake-up call: Starbucks to post calorie counts
2013-06-18 16:12:37 UTC
NEW YORK (AP) — Starbucks has a new way to wake up its customers: showing the calories in its drinks.
The Seattle-based coffee chain says it will start posting calorie counts on menu boards nationwide next week, ahead of a federal regulat...
Texas, SD governors court Conn. gun makers
2013-06-18 05:12:08 UTC
HARTFORD, Conn. (AP) — The governors of Texas and South Dakota visited Connecticut on Monday to court gun manufacturers that have threatened to leave since the state passed tough new gun-control laws this year in response to the massacre at ...
Report: Slowdown in health care costs to continue
2013-06-18 04:51:53 UTC
WASHINGTON (AP) — There's good news for most companies that provide health benefits for their employees: America's slowdown in medical costs may be turning into a trend, rather than a mere pause.
A report Tuesday from accounting and con...
Dreams turn bitter for Bangladeshi garment workers
2013-06-18 04:44:28 UTC
TEKANI, Bangladesh (AP) — Moushumi's family now has one of the largest homes in their village — two bedrooms plus a living area with walls made of sturdy brick. Her father and brother will soon have a small business out front, selling furn...
Court: 'pay to delay' generic drugs can be illegal
2013-06-17 18:07:37 UTC
WASHINGTON (AP) — The Supreme Court ruled Monday that deals between pharmaceutical corporations and their generic drug competitors, which government officials say keep cheaper forms of medicine off the market, can be sometimes be illegal and t...
Google settles suit, clears way for stock split
2013-06-17 18:01:18 UTC
SAN FRANCISCO (AP) — Google has settled a shareholder lawsuit to clear the way for a long-delayed split of the Internet search leader's stock.
The agreement announced Monday resolves allegations that Google co-founders Larry Page and Sergey ...
Investors guess Fed's actions, push stocks higher
2013-06-17 17:59:56 UTC
NEW YORK (AP) — Investors are in a game of wait-and-see with the Federal Reserve. Monday, they guessed that the Fed will continue trying to prop up the economy, and sent stocks higher.
The Dow Jones industrial average rose 153 points, or ...
Lowe's offers to buy Orchard Supply for $205M
2013-06-17 17:18:47 UTC
MOORESVILLE, N.C. (AP) — Lowe's plans to expand its California presence with an acquisition of Sears spinoff Orchard Supply Hardware Stores for about $205 million in cash.
Orchard Supply filed a voluntary Chapter 11 bankruptcy petition on Mo...
Food companies work to make it look natural
2013-06-17 17:17:24 UTC
NEW YORK (AP) — Here's the latest goal for food makers: Perfect the art of imperfection.
When stretching out the dough for its premium "Artisan Pizzas," Domino's workers are instructed not to worry about making the rectangles too perfect:...
HIV drug can also protect injection drug users
2013-06-17 04:10:34 UTC
ATLANTA (AP) — U.S. health officials say doctors should consider giving a daily AIDS drug to another high risk group to prevent infection — people who shoot heroin, methamphetamines or other injection drugs.
A similar recommendation is alre...
Lilly stops mid-stage Alzheimer's drug study
2013-06-17 04:05:25 UTC
NEW YORK (AP) — Eli Lilly and Co. said Thursday that it stopped a mid-stage clinical trial of an experimental Alzheimer's disease drug because of potential side effects on patients' livers.
The company stopped testing LY2886721 because of abn...
Whole Foods revises employee language policy
2013-06-16 17:46:05 UTC
ALBUQUERQUE, N.M. (AP) — Facing threats of national boycotts from Latino groups and a slew of online petitions, Whole Foods announced Friday that the organic grocery chain has revised its employee language policy following the suspension of ...
Shipping magnate Paul Soros dies in NYC at 87
2013-06-16 17:44:03 UTC
NEW YORK (AP) — Paul Soros, a successful innovator in shipping, philanthropist and the older brother of billionaire financier George Soros, died in New York City on Saturday after a long bout with a host of illnesses, said his son Peter Soro...
Paris Air Show peek: Wide-body battle and drones
2013-06-16 17:42:42 UTC
PARIS (AP) — The Paris Air Show, which opens for business on Monday Jun. 17, brings hundreds of aircraft to the skies around the French capital, the usual tense competition between aircraft manufacturers Boeing and Airbus, and a slew of inno...
Disappointing reports help push US stocks down
2013-06-14 22:06:51 UTC
NEW YORK (AP) — Disappointing reports about the U.S. economy helped push the stock market lower on Friday.
Concerns that the Federal Reserve could announce plans to cut back its stimulus program next week also weighed on the mood.
RealtyTrac: Home repossessions rose in May
2013-06-13 08:22:36 UTC
LOS ANGELES (AP) — Lenders stepped up action last month against homeowners who had fallen behind on their mortgage payments, taking possession of more homes and initiating the foreclosure countdown clock on many others.
Completed foreclosures j...
HUD: Race affects homebuying, renting
2013-06-12 05:35:18 UTC
WASHINGTON (AP) — Minority renters and homebuyers deployed to test for housing discrimination did not run into the blatant discrimination of four decades ago, but were told about and shown fewer homes than their white counterparts with simil...