Search

Fiat shares shed 10 pct on plan financing concerns 05/07/2014 01:48pm • COLLEEN BARRY AP Business Writer MILAN (AP) -- Fiat shares sank more than 11 percent Wednesday as investors expressed skepticism over a new business plan to launch Fiat Chrysler Automobiles as a leading global player.Analysts said that the ambitious plan to invest 48 billion euros ($67 billion) to b Religion news in brief 05/07/2014 12:22pm • The Associated Press First openly gay Episcopal bishop divorces husbandCONCORD, N.H. (AP) -- The first openly gay bishop in the Episcopal church and the global Anglican Communion has announced he is divorcing his husband.Retired Bishop Gene Robinson announced that he is divorcing Mark Andrew in an Greek PM says won't seek more bailout money 05/07/2014 06:56am • ATHENS, Greece (AP) -- Greece's prime minister says the debt-strapped country will not ask for any additional bailout money and hopes to begin abolishing austerity taxes later this year.In an interview with private Antenna television, Antonis Samaras said Tuesday that Greece would not seek additiona Slowing Chinese economy likely to pinch US, too 05/07/2014 05:32am • PAUL WISEMAN AP Business Writers WASHINGTON (AP) -- After watching China narrow the U.S. lead as the world's largest economy, Americans might be tempted to cheer signs that the Chinese economy might be stumbling.Any schadenfreude would be short-sighted.In an interconnected global economy, bad news f Boehner to face college professor in US House bid 05/07/2014 12:20am • HOPE YEN Associated Press WASHINGTON (AP) -- House Speaker John Boehner defeated two tea party challengers Tuesday in his bid for a 13th term in Congress, brushing aside some GOP discontent over his leadership in Washington.Boehner easily beat high school teacher J.D. Winteregg and businessman Eric Jamaica gets new lending program from World Bank 05/06/2014 09:41pm • DAVID McFADDEN Associated Press KINGSTON, Jamaica (AP) -- Jamaica will receive $510 million under a new four-year lending program that is part of an economic reform initiative led by the struggling country's government, the World Bank's Caribbean director said Tuesday.At a news conference in the cap Fiat losses widen on Chrysler deal 05/06/2014 07:11pm • COLLEEN BARRY AP Business Writer MILAN (AP) -- Fiat SpA's deal to complete its purchase of Chrysler helped widen first-quarter losses, the Italian carmaker reported Tuesday following a daylong presentation in Detroit of its new five-year business plan for the combined automakers.The Italian carmaker Puerto Rico shares economic recovery plan details 05/06/2014 06:49pm • SAN JUAN, Puerto Rico (AP) -- Puerto Rico's government has unveiled details of an economic recovery plan to pull itself out of a nearly eight-year recession as it whittles down $73 billion in public debt.The plan calls for improving schools, strengthening tourism and agriculture sectors and reducing El-Sissi pushes Egyptians to line up behind him 05/06/2014 06:43pm • LEE KEATH Associated Press CAIRO (AP) -- In his campaign for president, Egypt's former army chief is casting himself as a strong-handed disciplinarian able to solve the nation's mounting problems and turmoil with good planning and efficiency, swinging between big-hearted shows of sympathy for Egypti Education gets top billing on Capitol Hill 05/06/2014 03:14pm • KIMBERLY HEFLING AP Education Writer WASHINGTON (AP) -- Lawmakers looking ahead to the November elections are putting renewed focus on education, tackling issues on Capitol Hill this week ranging from expanding charter schools to paying off student loan debt.And, a House committee will examine how h College graduation: 4 ways things have changed 05/06/2014 02:11pm • LEANNE ITALIE Associated Press NEW YORK (AP) -- There's still plenty of pomp and circumstance, inspiring words from lofty speakers and tossing tassels, but graduating from college today is very different from a generation or so ago.Here are four things today's college graduates may experience that h New McConnell ad looks to November 05/06/2014 11:30am • PHILIP ELLIOTT Associated Press FRANKFORT, Ky. (AP) -- Senate Republican leader Mitch McConnell faces a primary challenger in just a few weeks. To watch the television ad his campaign will begin running Tuesday, voters would never know it.McConnell's campaign said Monday it was spending more than $1 OECD cuts global growth forecast on China slowdown 05/06/2014 10:20am • PARIS (AP) -- A leading international organization warned Tuesday that the global economy will grow by less than expected this year after it lowered its forecasts for the United States and China.The Paris-based Organization for Economic Cooperation and Development said the global economy will grow b Stocks edge higher; US service sector improves 05/06/2014 06:12am • STEVE ROTHWELL AP Markets Writer NEW YORK (AP) -- Worries from overseas held back the stock market on Monday.Stocks started the day lower after a report showed that manufacturing in China, the world's second biggest economy, had contracted for the fourth straight month. News of more fighting between Libertarian Throws Hat Into 8th District Race 05/05/2014 03:35pm • The race to replace retiring Rep. Jim Moran (D-Va.) in Congress became even more crowded today, with the announcement that libertarian Jeffrey Carson is seeking a slot on the ballot. Carson’s website says he is a former captain in the U.S. Army and used to work as a consultant for Google befor