Latest News


  • Singapore Airlines investigates engine problem during flight
    Associated Press | May 27, 2015 6:28 am
    Singapore Airlines said Wednesday that it is investigating how one of its jets suffered a loss of power in both of its engines over the weekend and descended 13,000 feet (3,962 meters) before regaining altitude en route from Singapore to Shanghai.
  • Japan nuclear plant obtains final permit needed to restart
    Associated Press | May 27, 2015 6:04 am
    A nuclear plant in southern Japan on Wednesday obtained the final permit needed to restart its reactors, paving the way for it to become the first to go back online under new safety standards introduced after the 2011 Fukushima disaster.
  • Asia stocks ruffled, Europe gains...IRS breach...China pollution
    Associated Press | May 27, 2015 3:36 am
    Asian stock markets were ruffled today by Greece's impending cash crunch and expectations the Federal Reserve will raise interest rates this year for the first time in almost a decade. But Europe and U.S. futures traded higher. Benchmark U.S. crude oil rose above $58.50 per barrel. The dollar gained against the yen and fell against the euro.
  • China coal production falls in first 4 months of year
    Associated Press | May 27, 2015 3:16 am
    Coal production in China, the world's biggest coal-consuming nation, fell by 6 percent in the first four months of this year as the economy slows and the government makes a concerted push to reduce carbon emissions.
  • German consumers remain optimistic for June
    Associated Press | May 27, 2015 3:08 am
    A closely-watched survey shows German consumers remain optimistic as their economic expectations and willingness to make purchases have been bolstered by robust domestic demand and low inflation rates.
  • Pacific Gas & Electric Co. president announces retirement
    Associated Press | May 26, 2015 11:16 pm
    The man who led Pacific Gas & Electric Company through a deadly 2010 pipeline explosion in the San Francisco area is retiring at the end of the year.
  • APNewsBreak: IRS says thieves stole tax info from 100,000
    Associated Press | May 26, 2015 7:32 pm
    Sophisticated criminals used an online service run by the IRS to access personal tax information from more than 100,000 taxpayers, part of an elaborate scheme to steal identities and claim fraudulent tax refunds, the IRS said Tuesday.
  • San Diego newspaper lays off 1/3rd of workforce after sale
    Associated Press | May 26, 2015 6:56 pm
    San Diego's dominant newspaper on Tuesday announced the layoffs of nearly a third of its 600 employees after it was acquired last week for $85 million by Los Angeles Times owner Tribune Publishing.
  • CEO pay: biggest raises and biggest cuts of 2014
    Associated Press | May 26, 2015 5:40 pm
  • FTC approves Reynolds' purchase of cigarette rival Lorillard
    Associated Press | May 26, 2015 5:32 pm
    Reynolds American's proposed $25 billion acquisition of rival Lorillard has cleared a key regulatory hurdle to move closer to completing a deal that will unite some of the nation's top cigarette brands.
  • Tech blog spinoff Re/code is acquired by online media chain
    Associated Press | May 26, 2015 4:20 pm
  • Yellen plans on skipping this year's Jackson Hole conference
    Associated Press | May 26, 2015 4:12 pm
    It turns out that being the first woman to head the Federal Reserve is not the only tradition Janet Yellen is breaking. The Fed said Tuesday that she plans on skipping this year's gathering of the world's central bankers at Jackson Hole, Wyoming.
  • Hard Rock, track propose long-planned casino at Meadowlands
    Associated Press | May 26, 2015 2:52 pm
    Hard Rock International and the Meadowlands Racetrack are proposing a casino just outside New York City that experts say could be one of the most successful in the country but that Atlantic City fears could put it out of business.
  • Hormel buying meat producer Applegate Farms for $775M
    Associated Press | May 26, 2015 2:48 pm
    Hormel Foods is paying $775 million to add natural and organic meats producer Applegate Farms to its roster of food brands that include Spam canned ham, Dinty Moore stew and Jennie-O turkey.
  • Irish government agrees to sell its Aer Lingus stake to IAG
    Associated Press | May 26, 2015 2:12 pm
    Ireland intends to sell its 25 percent stake in the Aer Lingus airline to IAG after receiving guarantees that the parent company of British Airways will increase employment and air links with the United States, the government announced Tuesday.