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Loan payment delayed for Puerto Rico power company 08/14/2014 09:30pm • DANICA COTO Associated Press SAN JUAN, Puerto Rico (AP) -- Puerto Rico's financially struggling public power company won a big reprieve Thursday, announcing that creditors agreed to postpone payment of $671 million worth of bank loans until next year.It was the third time this year that creditors al NY Fed: US auto loans soar to highest in 8 years 08/14/2014 06:20pm • CHRISTOPHER S. RUGABER AP Economics Writer WASHINGTON (AP) -- U.S. auto loans jumped to the highest level in eight years this spring, fueled by a big increase in lending to risky borrowers, according to a report Thursday by the Federal Reserve Bank of New York.Yet the New York Fed also said that loa Mom jailed over truancy died from heart failure 08/14/2014 06:10pm • WASHINGTON-- A mother of seven who was jailed because her sons skipped school and then was found dead in her cell, died of natural causes, a coroner has ruled. The Berks County coroner's office released its findings on 55-year-old Eileen DiNino on Thursday. An autopsy revealed that DiNino's high Californians to vote on $7.5 billion water plan 08/14/2014 04:10pm • FENIT NIRAPPIL Associated Press SACRAMENTO, Calif. (AP) -- Driven to action by the state's historic drought, California lawmakers on Wednesday voted to place a $7.5 billion water plan before voters in November.The measure marks the largest investment in decades in the state's water infrastructure an Stocks higher...Berkshire Hathaway shares top $200K...No deal on Argentine debt 08/14/2014 03:20pm • NEW YORK (AP) -- Stocks are modestly higher on Wall Street. The Dow has been up 40 to 50 points this afternoon, while the S&P 500 and the Nasdaq are also in positive territory. Some analysts have been fretting that stocks look expensive with the S&P near its record high. But Lawrence Creatura at Fed 10 lowest-paying college majors 08/14/2014 09:55am • WASHINGTON -- It pays to go to college. But not all majors lead to jobs that pay well. College information website, College Factual, evaluated data to determine which majors can lead to low-paying jobs. While it's important for students to follow their passion, compensation can be important for Man claiming immunity from US law convicted 08/13/2014 09:29pm • ALEXANDRIA, Va. (AP) -- A man who claimed he had immunity from U.S. law has been convicted of producing and distributing false diplomatic credentials.A federal jury in Alexandria, Virginia, on Wednesday convicted 60-year-old James T. McBride of Columbus, Ohio, one count of conspiracy, one count of c FBI agent testifies about ex-governor's debts 08/13/2014 07:10pm • LARRY O'DELL Associated Press RICHMOND, Va. (AP) -- Former Virginia Gov. Bob McDonnell and his wife, Maureen, were swamped with heavy credit card debt and money-losing real estate investments when they turned to a wealthy businessman for financial help, an FBI agent testified Wednesday.Prosecutors i Mayor testifies about ex-Virginia governor's loan 08/13/2014 03:50pm • RICHMOND, Va. (AP) -- Former Virginia Gov. Bob McDonnell revised a mortgage refinance application to disclose two loans from a wealthy businessman three days after state police questioned his wife about the debts.That's according to evidence introduced Wednesday in the corruption trial of McDonnell Athens Olympics leave mixed legacy, 10 years later 08/13/2014 02:46pm • NICHOLAS PAPHITIS Associated Press ATHENS, Greece (AP) -- In an obscure corner of a park sits a forlorn reminder that, 10 years ago, Athens hosted the 2004 Summer Olympics. The crumbling miniature theater is inscribed with the words "glory, wealth, wisdom, victory, triumph, hero, labor" -- and it is Greek economy contracts at slowest rate since 2008 08/13/2014 02:42pm • NICHOLAS PAPHITIS Associated Press ATHENS, Greece (AP) -- Greece's economy is shrinking at its slowest rate in nearly six years, official figures showed Wednesday, reinforcing hopes that the end of the country's punishing recession is in sight.The Statistical Authority said Greece's economy was only Vibe of Graceland Too changes after owner's death 08/13/2014 10:25am • EMILY WAGSTER PETTUS Associated Press HOLLY SPRINGS, Miss. (AP) -- The Elvis Presley-congested rooms of a north Mississippi roadside museum are missing their kinetic buzz since owner Paul MacLeod left the building.Dozens of people toured Graceland Too on Tuesday, hours after a private funeral for Ma Like stocks, junk bonds show investor jitters 08/13/2014 10:02am • STEVE ROTHWELL AP Markets Writer NEW YORK (AP) -- The stock market isn't the only place that's been signaling jitters among investors. The $2.3 trillion market for risky U.S. corporate debt has also been under pressure.A five-year rally in junk bonds abruptly stalled last month. As with other higher Japan's economy shrinks as tax hike hits spending 08/13/2014 06:16am • YURI KAGEYAMA AP Business Writer TOKYO (AP) -- The Japanese economy shrank at an annual pace of 6.8 percent in the second quarter after spending got slammed by a sales tax hike that kicked in from April, government figures showed Wednesday.Japan's gross domestic product, or the total output of goods US budget deficit running 24.2 percent below 2013 08/13/2014 05:56am • MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) -- The federal government ran a lower deficit this July than a year ago, keeping it on course to record the lowest deficit in six years.The July deficit was $94.6 billion, an improvement of 3.1 percent from a year ago, the Treasury Department rep