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China manufacturing growth falls in October

BEIJING (AP) — China's manufacturing growth declined further in October amid a slowing economy and languishing global demand, according to a survey released Saturday.

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Saturday 11/01/2014
Investigators, Branson go to spacecraft crash site
Updated: November 01, 2014 - 8:30 am

MOJAVE, Calif. (AP) — Federal accident investigators are headed to a desert crash site where a winged spaceship designed to give wealthy tourists a high-altitude view of Earth broke up during a test flight, killing one pilot and badly injuring another.

China manufacturing growth falls in October
Updated: November 01, 2014 - 8:30 am

BEIJING (AP) — China's manufacturing growth declined further in October amid a slowing economy and languishing global demand, according to surveys released Saturday.

US stocks end a turbulent month at a record high
Updated: November 01, 2014 - 8:30 am

NEW YORK (AP) — For stock investors, there was no shortage of drama in October.

Friday 10/31/2014
Colombians jailed in Venezuela for $15 grocery run
Updated: November 01, 2014 - 8:30 am

BOGOTA, Colombia (AP) — A $15 grocery run has cost two single mothers from Colombia 48 days in jail, along with the threat of a 14-year prison sentence, as a result of a crackdown on smuggling in Venezuela that is ratcheting up tensions and highlighting growing economic distortions between the neighbors.

Nissan recalls Infiniti SUVs to fix air bags
Updated: November 01, 2014 - 8:30 am

DETROIT (AP) — Nissan says it's recalling more than 1,800 Infiniti SUVs in the U.S. for an air bag problem that could send shrapnel into the passenger compartment.

Virgin Galactic's allure: space and celebrities
Updated: November 01, 2014 - 8:30 am

The explosion of a Virgin Galactic rocket ship during a test flight over California has almost certainly dashed founder Richard Branson's goal of starting passenger flights next spring. Information about Virgin Galactic, its backers, and its goals:

Ex-Union Carbide chief Anderson dead at 92
Updated: November 01, 2014 - 8:30 am

MIAMI (AP) — Warren M. Anderson, who headed Union Carbide Corp. when a chemical leak killed thousands of people in Bhopal, India, in 1984, has died in Florida at 92.

Russia: Natural gas will flow after Ukraine pays
Updated: November 01, 2014 - 8:30 am

MOSCOW (AP) — Russia will resume shipping natural gas to Ukraine after Kiev pays off its first debt installment for past supplies of gas next week, officials said Friday.

Wall Street caps a wild month with a rally
Updated: November 01, 2014 - 8:30 am

NEW YORK (AP) — For stock investors, there was no shortage of drama in October.

US stock indexes zoom back to record highs
Updated: November 01, 2014 - 8:30 am

NEW YORK (AP) — Major U.S. stock indexes are back at record highs after a turbulent month.

Dow Jones industrial average and Standard & Poor's 500 index rally to record highs
Updated: November 01, 2014 - 8:30 am

NEW YORK (AP) — Dow Jones industrial average and Standard & Poor's 500 index rally to record highs.

Bank of Japan redoubles efforts to revive economy
Updated: November 01, 2014 - 8:30 am

TOKYO (AP) — Japan's central bank surprised the financial world and pleased investors Friday by intensifying its purchases of government bonds and other assets to try to revive a chronically anemic economy.

Medicare paid for meds after patients were dead
Updated: November 01, 2014 - 8:31 am

WASHINGTON (AP) — Call it drugs for the departed: A quirky bureaucratic rule led Medicare's prescription drug program to pay for costly medications even after the patients were dead.

Exxon, Chevron shrug off effect of low oil prices
Updated: November 01, 2014 - 8:31 am

NEW YORK (AP) — Falling oil prices hardly seem to be bothering the two biggest U.S. oil companies, but things could get tougher in the coming months.

Coal miners stuck in the middle of Ukraine's war
Updated: November 01, 2014 - 7:31 am

DONETSK, Ukraine (AP) — Glistening black sweat rolls down the spine of a beefy miner as he jackhammers bedrock along the shaft at the Chelyuskintsev coal mine in Donetsk, Ukraine's eastern industrial heartland.

US, global stocks get big boost from Bank of Japan
Updated: November 01, 2014 - 7:16 am

NEW YORK (AP) — Stocks markets are rising around the globe after Japan's central bank surprised investors with a new round of economic stimulus.

US consumer sentiment index reaches 7-year high
Updated: November 01, 2014 - 6:45 am

WASHINGTON (AP) — U.S. consumers expect better economic growth and rising incomes in the coming months, pushing a measure of confidence to a seven-year high in October.

Euro inflation creeps up, ECB still under pressure
Updated: November 01, 2014 - 6:32 am

FRANKFURT, Germany (AP) — Inflation crept higher in the 18 countries that use the euro in October — but the rise to an annual 0.4 percent offered little relief to the European Central Bank as it tries to boost a weak economy.

Exxon defies low oil price with refining strength
Updated: November 01, 2014 - 4:02 am

NEW YORK (AP) — ExxonMobil Corp.'s refining and chemical operations rescued the company's third-quarter results amid falling global oil prices and lower oil and gas production.

Wal-Mart ups ante on holiday shopping
Updated: November 01, 2014 - 3:46 am

NEW YORK (AP) — Wal-Mart is doing whatever it takes to rope in holiday shoppers however they want to buy.

US consumer spending down 0.2 percent in September
Updated: November 01, 2014 - 3:46 am

WASHINGTON (AP) — U.S. consumer cut spending in September for the first time in eight months, as incomes grew at the slowest pace this year. The figures underscore nagging economic soft spots that are expected to ease in the coming months.

UK Treasury chief set to pay off World War I bonds
Updated: November 01, 2014 - 3:32 am

LONDON (AP) — Britain is repaying some of the 2 billion pounds ($3.2 billion) it still owes investors who helped finance World War I.

US stocks open higher, following gains in Asia
Updated: November 01, 2014 - 3:16 am

NEW YORK (AP) — U.S. stocks are opening higher following big gains in Asia after Japan made moves to rev up its economy.

AbbVie hikes forecast, tops Street expectations
Updated: November 01, 2014 - 3:16 am

The drugmaker AbbVie surprised Wall Street on Friday with a third-quarter performance that turned out much better than expected and a new 2014 forecast that also extends well beyond what analysts predict.

Russia central bank in surprisingly big rate hike
Updated: November 01, 2014 - 1:31 am

MOSCOW (AP) — Russia's central bank on Friday raised its main interest rate more than anticipated in its latest attempt to shore up the plummeting national currency.

US consumer spending down 0.2 percent in September, first slip in 8 months while income slows
Updated: November 01, 2014 - 1:16 am

WASHINGTON (AP) — US consumer spending down 0.2 percent in September, first slip in 8 months while income slows.

Exxon posts surprise profit jump on refining
Updated: November 01, 2014 - 1:16 am

IRVING, Texas (AP) — ExxonMobil Corp. profits rose 3 percent in the third quarter as strong refining performance offset lower revenues from falling oil prices and production.

Hungary suspends Internet tax after huge protests
Updated: November 01, 2014 - 12:03 am

BUDAPEST, Hungary (AP) — Following large-scale protests, Hungary's prime minister said Friday that the government would suspend a planned tax on Internet use and reconsider the matter next year.

Japan's huge pension fund to boost share purchases
Updated: October 31, 2014 - 11:16 pm

TOKYO (AP) — Japan's $1.1 trillion public pension fund on Friday approved a plan to double its holdings of shares and cut back sharply on bonds to help improve investment returns and meet its obligations to a swelling number of retirees.

Omega to buy out rival Aviv in $3B all-stock deal
Updated: October 31, 2014 - 11:04 pm

Omega Healthcare will buy rival real estate investment trust Aviv in a $3 billion all-stock deal combining two companies that each run hundreds of nursing homes.

RBS sets aside $639 million for currency probe
Updated: October 31, 2014 - 10:17 pm

LONDON (AP) — Royal Bank of Scotland, which is majority-owned by the U.K. government, has set aside 400 million pounds ($639 million) to cover potential fines arising from international investigations into alleged manipulation of foreign currency trading.

Q&A: Why Japan's economy needs more juice
Updated: October 31, 2014 - 7:46 pm

TOKYO (AP) — Japan is pumping more money into its lagging economy, expanding an already lavish stimulus effort. The surprise announcement Friday highlights diverging fortunes among the world's top economies. Earlier this week, the U.S. Federal Reserve ended its own unprecedented stimulus in a sign of increased confidence in economic recovery.

Asia stocks gain after robust US growth report
Updated: October 31, 2014 - 3:31 pm

SEOUL, South Korea (AP) — Asian stocks climbed Friday after strong U.S. economic growth and upbeat earnings sent Wall Street higher. The dollar continued to strengthen after the Fed signaled a rate hike earlier this week.

Thursday 10/30/2014
Lawsuit: Surgical gowns let diseases pass through
Updated: October 31, 2014 - 2:16 pm

LOS ANGELES (AP) — A $500 million lawsuit against Kimberly-Clark Corp. alleges the company falsely claimed its surgical gowns protected against Ebola and other infectious diseases.

Nevada court says Strip club dancers are employees
Updated: October 31, 2014 - 1:46 pm

LAS VEGAS (AP) — In a legal decision with wide implications for strip clubs in Sin City, the Nevada Supreme Court ruled Thursday that dancers at one Las Vegas club are employees, not independent contractors, and are entitled to be paid minimum wage.

Judge approves California city's bankruptcy plan
Updated: October 31, 2014 - 12:16 pm

SACRAMENTO, Calif. (AP) — A judge on Thursday approved a plan that allows Stockton to leave bankruptcy protection by eliminating more than $2 billion in long-term debt payments without touching the city's pension obligations.

Apple CEO publicly acknowledges that he's gay
Updated: October 31, 2014 - 12:16 pm

NEW YORK (AP) — Apple CEO Tim Cook's declaration that he's "proud to be gay" wasn't exactly news in Silicon Valley, where his sexual orientation was no secret. But advocates say that given Apple's immense reach and visibility, his coming-out could help change attitudes in workplaces across America.

Ukraine, Moscow clinch deal on Russian gas supply
Updated: October 31, 2014 - 11:46 am

BRUSSELS (AP) — Moscow and Kiev on Thursday clinched a multi-billion dollar deal that will guarantee that Russian gas exports flow into Ukraine and beyond to the European Union throughout the winter despite their intense rivalry over the fighting in eastern Ukraine.

Citi cuts earnings due to regulatory probes
Updated: October 31, 2014 - 11:03 am

NEW YORK (AP) — Citigroup has slashed its third-quarter earnings by $600 million, saying that recent investigations by regulators have altered the results it reported earlier this month.

Starbucks plans delivery after sales fall short
Updated: October 31, 2014 - 11:03 am

NEW YORK (AP) — After reporting disappointing quarterly sales Thursday, Starbucks said it will offer a delivery option on its mobile app in select areas of the U.S starting next year.

Strengthening US growth reflects help from Fed
Updated: October 31, 2014 - 9:46 am

WASHINGTON (AP) — The U.S. economy powered its way to a solid annual growth rate of 3.5 percent from July through September, outpacing most of the developed world and appearing on track to extend its momentum through this year and beyond.

Big gain in Visa drives Dow average higher
Updated: October 31, 2014 - 4:46 am

NEW YORK (AP) — U.S. stock indexes are closing higher as big companies turn in encouraging quarterly results.

FTC accuses Gerber of false claim on baby formula
Updated: October 31, 2014 - 4:16 am

WASHINGTON (AP) — Baby-food maker Gerber is being accused by the government of claiming falsely that its Good Start Gentle formula can prevent or reduce allergies in children.

Chevy makes the best of exec's nervous speech
Updated: October 31, 2014 - 3:32 am

DETROIT (AP) — Shortly before 9 a.m. on the day after the worst night of his life, Rikk Wilde got the phone call from his big boss at General Motors.

US turns up heat on Takata over air bag problem
Updated: October 31, 2014 - 3:32 am

DETROIT (AP) — U.S. safety regulators are ordering Japanese auto supplier Takata Corp. to provide more information about air bags that can explode and shoot shrapnel toward drivers and passengers.

Study: Mislabeled shrimp at restaurants, grocers
Updated: October 31, 2014 - 3:32 am

NEW ORLEANS (AP) — Ever thought that big, pink Gulf coast shrimp you ordered at the restaurant or bought from the store didn't taste juicy or salty enough?

Not so sweet: Chocolate prices are set to rise
Updated: October 31, 2014 - 2:19 am

NEW YORK (AP) — That bowl of chocolates for ninjas and ghosts won't cost you more this Halloween. Picking the perfect sweet for your Valentine could.

EU holds largest-ever cyber-security exercise
Updated: October 31, 2014 - 1:46 am

ATHENS, Greece (AP) — The European Union on Thursday carried out its biggest exercise to prevent cyber-attacks on Europe's public utilities and communications networks.

Spain OKs 'Google Tax' demanded by news publishers
Updated: October 31, 2014 - 12:46 am

MADRID (AP) — Spain's parliament has approved new intellectual property laws that allow news publishers to charge aggregators each time they display news content in search results.