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Foreign ownership of US securities drops

June 16, 2015 WASHINGTON — Foreign holdings of U.S. Treasury securities fell in April, the first setback since October. Total holdings slipped to $6.14 trillion, down 0.6 percent from the record level of $6. more »»

Gap closing 175 stores to boost brand

June 16, 2015 NEW YORK — Gap plans to close 175 of its namesake stores and 250 jobs at its headquarters as the company tries to strengthen the struggling brand. Gap Inc. more »»

Officials say deeply personal information in hackers’ hands

June 15, 2015 WASHINGTON — Deeply personal information submitted by U.S. more »»

Greek bailout talks end without breakthrough in Brussels

June 15, 2015 BRUSSELS — The European Commission said Sunday that weekend talks to find common ground between international creditors and Greece were unsuccessful and left a wide rift that needs to be closed... more »»

Trade loss an ominous sign for Obama in month of challenges

June 15, 2015 WASHINGTON — The trade defeat in Congress was an ominous sign in a month of challenges that could help determine President Barack Obama’s standing for the rest of his second term. more »»

House rejects Obama’s appeals, imperils his trade bill

June 13, 2015 WASHINGTON — Led by union-backed Democrats, the House delivered a stinging blow to President Barack Obama on Friday and left his ambitious global trade agenda in serious doubt. more »»

Former IMF chief Strauss-Kahn acquitted of pimping

June 13, 2015 LILLE, France — Dominique Strauss-Kahn had a caustic reaction as four years of legal battles involving sex charges on two continents ended without a single conviction: “All that for this?” From a... more »»

US wholesale prices up in May, led by eggs, gas

June 13, 2015 WASHINGTON — Prices at the wholesale level rose at the fastest pace in nearly 3 years in May, pushed higher by a sharp jump in the cost of gasoline and a record increase in the price eggs related to... more »»

Jeni's halts production after listeria found again

June 13, 2015 COLUMBUS, Ohio — Jeni's Splendid Ice Creams has found listeria in its plant again and has halted production and closed retail shops for the second time since April, the company said Friday. more »»

Greece gets wake-up call: Coming week could seal its fate

June 12, 2015 BRUSSELS — International creditors sent Greek Prime Minister Alexis Tsipras home from a summit Thursday with a clear message: swiftly tone down your demands in the bailout talks over the next week o... more »»

Court says net neutrality rules will go into effect Friday

June 12, 2015 NEW YORK — Rules that treat the Internet like a public utility and prevent companies from blocking or slowing down some online traffic will go into effect Friday after a federal appeals court refuse... more »»

IRS taking steps to combat taxpayers’ identity theft

June 12, 2015 WASHINGTON — The IRS is joining with states and private industry to combat identity theft by sharing more data about how tax returns are filed, officials announced Thursday. more »»

Toyota close to unveiling 4th-generation Prius

June 12, 2015 YORK TOWNSHIP, Mich. — The timing isn't perfect, but Toyota is getting close to rolling out the next generation of its Prius gas-electric hybrid car. more »»

US budget deficit plummets to $82.4 billion in May

June 11, 2015 WASHINGTON — The U.S. budget deficit for May dropped sharply from the level a year ago but much of the improvement reflected a calendar quirk. more »»

FDA panel backs Amgen cholesterol drug

June 11, 2015 WASHINGTON — Federal health advisers said Wednesday that a highly-anticipated cholesterol-lowering drug from Amgen Inc. more »»

Jawbone files 2nd lawsuit against Fitbit

June 11, 2015 NEW YORK — Fitness tracker maker Jawbone has filed its second lawsuit in two weeks against competitor Fitbit. more »»

GE takes step away from banking with $12B deal

June 10, 2015 NEW YORK — General Electric will sell its private equity business in a deal valued at about $12 billion as it refocuses on its core businesses and exits a banking sector now under stricter oversigh. more »»

FDA backs first-in-class cholesterol drug

June 10, 2015 Federal health advisers on Tuesday recommended approval for a highly anticipated cholesterol drug from Sanofi and Regeneron Pharmaceuticals, but with the caveat that more data is needed about its... more »»

Musk: Model X SUV will be delivered in 4 months

June 10, 2015 Tesla Motors CEO Elon Musk says the company expects to start deliveries of its new SUV, the Model X, in three or four months. more »»



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