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  • Facebook stock slides even as 2Q results soar

    NEW YORK (AP) — Facebook surpassed expectations on all fronts in the second quarter, growing not just profit and revenue but its already-massive user base, mobile advertising and usage of its “family” of non-Facebook apps…

  • Stocks end higher after Fed keeps interest rates unchanged

    NEW YORK (AP) — U.S. stocks rose on Wednesday after Federal Reserve policymakers voted to keep interest rates unchanged and gave no indication that a rate rise was imminent. A modest rebound in Chinese stocks…

  • Lew informs Congress he extending debt-limit measures

    WASHINGTON (AP) — Treasury Secretary Jacob Lew is telling Congress that he will extend for another three months the authority he is using to take emergency measures to keep from breaching the nation’s borrowing limit.…

  • Whole Foods cuts outlook after 3Q sales, profit miss

    NEW YORK (AP) — Whole Foods cut its sales forecast for the year after its quarterly profit and sales fell short of expectations amid intensifying competition. The retailer noted that sales growth slowed in the…

  • Standard & Poor’s boosts Detroit’s rating on revenue bonds

    DETROIT (AP) — Standard & Poor’s has boosted Detroit’s rating on eight- to 15-year bonds the city plans to sell to improve public services. The revenue bonds have been given an “A” rating by S&P.…

  • France deploys riot police to bolster Calais security

    CALAIS, France (AP) — The young Afghan has tried every single day for three months to get into the railway tunnel in Calais leading to England and what he hopes will be a better life.…

  • FTC investigating online college University of Phoenix

    WASHINGTON (AP) — The Apollo Education Group, which runs the online University of Phoenix, is under federal investigation for possible deceptive or unfair business practices. The company is the largest recipient of federal student aid…

  • McAuliffe’s PAC returning money linked to oil company

    RICHMOND, Va. (AP) — Virginia Gov. Terry McAuliffe’s political action committee is returning a $25,000 donation from a company with ties to Angola’s state-owned oil company after receiving questions from The Associated Press about whether…

  • Will the Internet listen to your private conversations?

    SAN FRANCISCO (AP) — Like a lot of teenagers, Aanya Nigam reflexively shares her whereabouts, activities and thoughts on Twitter, Instagram and other social networks without a qualm. But Aanya’s care-free attitude dissolved into paranoia…

  • Tesla offers 1st incentive in owner referral program

    DETROIT (AP) — Electric car maker Telsa Motors Inc. is offering its first incentive, $1,000 to new-car buyers who are referred by current Tesla owners. Owners who make a referral also will get $1,000 in…

  • Facebook stock slides even as 2Q results soar

    NEW YORK (AP) — Facebook’s second-quarter revenue barely squeaked past Wall Street’s outsized expectations, sending its high-flying stock down in after-hours trading. While the results surpassed forecasts on all fronts, some investors may have been…

  • Lawmakers poised to leave town with lots of work left undone

    WASHINGTON (AP) — Congress is on track to shore up federal highway aid and veterans’ health care before heading out of town this week for its August recess, leaving unresolved an array of sticky issues…

  • Fed holds steady on rates, seeks further economic gains

    WASHINGTON (AP) — The Federal Reserve appears on track to raise interest rates later this year but signaled Wednesday that it wants to see further economic gains and higher inflation before doing so. A statement…

  • Judge refuses to toss out US spying charges against banker

    NEW YORK (AP) — A federal judge refused on Wednesday to throw out a spy case against a Russian banker, rejecting arguments that the U.S government was overreaching by prosecuting a defendant who was openly…

  • Gold, silver mixed

    The July gold contract on the New York Mercantile Exchange closed today at $1092.70 an ounce — down $3.60. The current silver contract on the “NYMEX” closed at $14.73 an ounce — up 10 cents.