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Cyprus passes international bailout review 07/25/2014 01:08pm • MENELAOS HADJICOSTIS Associated Press NICOSIA, Cyprus (AP) -- Cyprus' international creditors said Friday that the country's bailout program is making good progress as fiscal targets have been comfortably met, welfare reform has moved forward and more steps have been taken to shore up the banking se Hand-built replica of 1917 schooner to be sold 07/25/2014 07:40am • NORFOLK, Va. (AP) -- The nonprofit Virginia Maritime Heritage Foundation is putting a 126-foot wooden ship up for sale.Foundation board president Tom Ackiss says the money required to sail and maintain the schooner Virginia outpaced the amount brought in by fundraising and sailing education programs China pork giant WH Group makes 2nd IPO attempt 07/25/2014 05:40am • HONG KONG (AP) -- Chinese pork giant WH Group is taking a second run at going public with a scaled-back share offering after abandoning its first IPO attempt because of sagging investor demand.The company, which bought U.S. producer Smithfield Foods last year, said Friday it would sell 2.6 billion s Airlines report big 2Q profits on strong demand 07/25/2014 01:42am • The Associated Press Investing in airlines has long been the butt of jokes, especially when many U.S. carriers traipsed through bankruptcy court in the past decade.Now riding a post-merger tide of higher fares and stable fuel costs, those same airlines are piling up profits -- and sharing the newfo Bankrupt Energy Future to auction stake in Oncor 07/24/2014 07:40pm • Associated Press DALLAS (AP) -- Bankrupt power giant Energy Future Holdings terminated its restructuring agreement and announced plans to auction its stake in the profitable power transmission business Oncor Electric Delivery Co., according to a filing Thursday with the U.S. Securities and Exchange Figures on government spending and debt 07/24/2014 05:10pm • WASHINGTON (AP) -- Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30. Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. American Airlines boosts profit on higher revenue 07/24/2014 12:36pm • FORT WORTH, Texas (AP) -- Profit and revenue are up at American Airlines, and the company will share some of the gains with shareholders.American Airlines Group Inc. said Thursday that it earned a record $864 million in the second quarter, up from the $507 million that American and US Airways earned Stocks mixed...Jobless claims lowest in more than 8 years...New home sales plunge 07/24/2014 11:38am • NEW YORK (AP) -- Stocks are mixed in early trading on Wall Street as several big companies report second-quarter earnings. Facebook rose 5 percent after its earnings beat expectations. Caterpillar fell 2.7 percent after the construction equipment maker said quarterly profits rose a better-than-expec Oil drifts down despite China manufacturing bounce 07/24/2014 10:00am • PABLO GORONDI Associated Press The price of oil fell below $103 a barrel Thursday, giving back part of its gains from the day before, despite improvements in Chinese manufacturing.By early afternoon in Europe, benchmark U.S. crude for September delivery was down 20 cents to $102.92 a barrel in elect Breitburn buying QR Energy in $1.46 billion deal 07/24/2014 09:48am • HOUSTON (AP) -- Breitburn Energy is buying QR Energy LP in a deal worth about $1.46 billion.QR unitholders will receive approximately 72 million common units of Breitburn Energy Partners LP, or 0.9856 of a Breitburn unit, for each unit of QR Energy that they own. The consideration to be received by US economy, though sluggish, may now be sturdier 07/24/2014 08:10am • The Associated Press WASHINGTON (AP) -- Out of a seemingly hollow recovery from the Great Recession, a more durable if still slow-growing U.S. economy has emerged.That conclusion, one held by a growing number of economists, might surprise many people. After all, in the five years since the recessio Honduran families deported back to a bleak future 07/24/2014 02:34am • SONIA PEREZ D. Associated Press TOCOA, Honduras (AP) -- Elsa Ramirez already had lost two brothers to violence in this remote Caribbean region when co-workers handling clandestine cocaine flights from South America murdered her husband four months ago.Then the killers came looking for her.Ramirez ha SEC votes to end $1 a share for some money funds 07/24/2014 12:48am • WASHINGTON (AP) -- Regulators have voted by a narrow margin to end a longtime staple of the investment industry -- the fixed $1 share price for money-market mutual funds -- at least for some money funds used by big investors.The idea is to minimize the risk of a mass withdrawal from the funds during Argentina president says country will not default 07/23/2014 09:00pm • BUENOS AIRES, Argentina (AP) -- Argentina's president said Wednesday that her country will not go into default because it has been paying debts to bondholders on time.The government is in negotiations to resolve a dispute with creditors over $1.5 billion in unpaid debts that could lead Argentina to Ultra high definition TVs boost LG Display profit 07/23/2014 05:38pm • YOUKYUNG LEE AP Technology Writer SEOUL, South Korea (AP) -- LG Display Co. said profit for the April-June quarter more than doubled as a stronger won reduced the value of its foreign debt and the World Cup boosted demand for ultra-high-definition TVs.The South Korean display panel maker said Wednes