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Portugal bank collapse and rescue raises questions 08/05/2014 05:30am • BARRY HATTON Associated Press LISBON, Portugal (AP) -- A new Portuguese bank appeared Monday, born from the ruins of a collapsed business empire, and declared on its website that it was now "stronger and safer."Investors rattled by the eurozone's latest financial drama will, however, need more reass Homegrowns play Timbers U23 to 0-0 draw 08/05/2014 02:10am • ANNE M. PETERSON AP Sports Writer PORTLAND, Ore. (AP) -- Steven Evans got the biggest cheers Monday night at the inaugural MLS Homegrown Game.Evans grew up in Portland and was on the Timbers' U23 team before playing at the University of Portland. After college, he signed with the Timbers as the team Ex-Va. governor's confidant testifies at trial 08/05/2014 02:00am • LARRY O'DELL Associated Press RICHMOND, Va. (AP) -- One of former Virginia Gov. Bob McDonnell's closest confidants made it clear in testimony Monday that he doesn't have much regard for McDonnell's wife or the wealthy businessman who, according to prosecutors, bought their influence to benefit th Lawmaker pleads to misdemeanor; faced 17 felonies 08/04/2014 09:22pm • MICHAEL TARM Associated Press CHICAGO (AP) -- An Illinois lawmaker who faced nearly 20 felony bank-fraud charges that could have landed him in prison for decades pleaded guilty Monday to a single misdemeanor tax charge for shortchanging the Internal Revenue Service of $3,782.State Rep. LaShawn Ford' AIG to pay $960M to settle shareholder lawsuits 08/04/2014 09:00pm • NEW YORK (AP) -- American International Group Inc. said Monday it has agreed to pay $960 million to settle shareholder claims that the company misled investors.The settlement stems from several class-action lawsuits claiming that AIG executives gave false and misleading information about the insurer Star witness in ex-Va. governor trial: No affair 08/04/2014 04:50pm • LARRY O'DELL Associated Press RICHMOND, Va. (AP) -- The key prosecution witness in former Virginia Gov. Bob McDonnell's trial testified Monday that he never saw any signs the governor's marriage was crumbling, and that he never had any intimate physical contact with the first lady.A prosecutor asked GM Finance subpoenaed over subprime auto loans 08/04/2014 04:20pm • NEW YORK (AP) -- GM Finance says it has received a subpoena from the U.S. Department of Justice for documents related to subprime auto loans.The affiliate of General Motors Co. said in a filing Monday with the government that the Justice Department requested documents related to the origination and Woods' future uncertain with more back pain 08/04/2014 03:52pm • DOUG FERGUSON AP Golf Writer AKRON, Ohio (AP) -- Tiger Woods was at Firestone, and the scene looked all too familiar.Except he wasn't hoisting a trophy.He could barely bend over to pick up his tee.Right when Woods thought he was making small progress toward his return from back surgery, he suffered Stocks show small gain...GM Finance gets subpoena...Higher ticket prices 08/04/2014 03:19pm • NEW YORK (AP) -- Stocks are moderately higher in afternoon trading. They've been moving between small gains and losses today after a selloff last week put caution back into the market. Investors had two pieces of positive news: a decent earnings report from Berkshire Hathaway and the announcement of Juncker: Greece offered example to Argentina 08/04/2014 01:26pm • DEREK GATOPOULOS Associated Press ATHENS, Greece (AP) -- Greece's recent efforts to get its public finances into shape could have been the model for recently defaulted Argentina to follow.That's the view of Jean-Claude Juncker, the man who is due to take over the European Union's executive branch in Correction: On The Money-Energy Investing story 08/04/2014 12:00pm • NEW YORK (AP) -- In a story July 30 about investing in yieldcos, The Associated Press reported erroneously that NRG Yield owned a coal-fired power plant in Delaware. That plant has been converted to burn natural gas.The story also said that NRG Yield hopes to increase its dividend by 10 percent to 1 Indian leader warms ties during Nepal visit 08/04/2014 10:30am • BINAJ GURUBACHARYA Associated Press KATMANDU, Nepal (AP) -- Indian Prime Minister Narendra Modi wooed his country's tiny Himalayan neighbor, Nepal, during a two-day visit aimed at boosting ties with a country that India has long ignored and where China already has a strong presence.In the first visi D.C. has fifth lowest average closing costs in nation D.C. has fifth lowest average closing costs in nation 08/04/2014 10:13am • Sophie Ho, special to wtop.com WASHINGTON -- D.C. may be one of the most expensive U.S. cities in which to live, but a new report by personal finance website Bankrate shows the District has the fifth lowest mortgage closing costs. In the report, Bankrate requested good faith estimates for a $ Hiring up, but Yellen 'dashboard' signals caution 08/04/2014 04:44am • CHRISTOPHER S. RUGABER AP Economics Writer WASHINGTON (AP) -- With employers ramping up hiring and the unemployment rate sinking in the past year, pressure is rising on Janet Yellen's Federal Reserve: Is the time near to raise interest rates to prevent a strengthening economy from igniting inflation Back pain knocks Woods out of Bridgestone 08/04/2014 03:16am • DOUG FERGUSON AP Golf Writer AKRON, Ohio (AP) -- Tiger Woods was stricken with more back pain Sunday and withdrew after eight holes at the Bridgestone Invitational. He struggled to even take off his golf shoes before being driven away to an uncertain future.In his third tournament since returning fr
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