Search

Argentina's last debt card is a doomsday scenario 06/19/2014 09:50am • MICHAEL WARREN Associated Press BUENOS AIRES, Argentina (AP) -- Argentina's government is finally preparing to negotiate a payment plan for the $1.5 billion in bad debts and interest it owes to the U.S. hedge funds it demonizes as "vultures."But before both sides sit down for talks, President Cristi Senate Democrats scuttle a vote on spending bill 06/19/2014 04:10am • ANDREW TAYLOR Associated Press WASHINGTON (AP) -- Apparently fearing that the top Senate Republican might score a political win, Democrats for the second time in a week cancelled a preliminary vote on a major spending bill.At issue was an amendment by Senate GOP leader Mitch McConnell that would hav Yellen: US economy still needs help from Fed 06/19/2014 01:08am • MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) -- The U.S. economy still isn't healthy enough to grow at a consistently strong pace without the Federal Reserve's help.That was the message Fed Chair Janet Yellen sent Wednesday at a news conference after the central bank ended a two-day policy Editorial Roundup: Excerpts from recent editorials 06/18/2014 03:48pm • The Associated Press Excerpts from recent editorials in newspapers in the United States and abroad:___June 12The Salt Lake Tribune, Salt Lake City, Utah, on U.S. Rep. Eric Cantor's loss in Virginia's Republican primary and proposals to overhaul immigration laws:America needs immigration reform. Pol Germany's Kroos: Often overlooked, still crucial 06/18/2014 02:34pm • NESHA STARCEVIC AP Sports Writer PORTO SEGURO, Germany (AP) -- Toni Kroos plays alongside so many star players that his own contribution is often overlooked, both for his club and for Germany.This World Cup could be his chance to grab more of the spotlight.Kroos' strong performance in the 4-0 openin Investors to seek clues from Fed on rate increase 06/18/2014 02:15pm • MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) -- A stay-the-course message is expected from the Federal Reserve on Wednesday after it ends a two-day policy meeting.The Fed will likely approve a fifth cut in its monthly bond purchases because the job market has steadily strengthened. But no c Woods signs bag endorsement with MusclePharm 06/18/2014 02:01pm • DOUG FERGUSON AP Golf Writer PINEHURST, N.C. (AP) -- Tiger Woods will have a new sponsor on his bag when he returns to competition, signing an endorsement deal with Denver-based MusclePharm Corp. that could include his own line of nutrition products.MusclePharm, a performance and lifestyle sports nu Pa. company takes over operation of Va. toll road 06/18/2014 09:40am • RICHMOND, Va. (AP) -- A Pennsylvania-based company has taken over operation of a privately run, state-owned toll road in Virginia.The Richmond Times-Dispatch (http://bit.ly/1l2lI23 ) reports that DBi Services has replaced Transurban. The Australian company had operated Pocahontas 895 since 2006.Tran Woods starting to take fuller practice swings 06/18/2014 09:30am • DOUG FERGUSON AP Golf Writer PINEHURST, N.C. (AP) -- Tiger Woods is making progress in his recovery from back surgery and starting to extend his swing, his agent said Tuesday.Woods already has missed two majors this year while he recovers from a microdiscectomy on his back on March 31. He last playe Stocks close higher as banks gain on rising rates 06/18/2014 04:56am • ALEX VEIGA AP Business Writer Stocks rebounded from a downbeat start Tuesday, building on small gains for the third day in a row.News that U.S. consumer prices jumped sharply in May drove up long-term interest rates, setting the stage for the turnaround as investors bid up shares in financial stocks 2 Russian journalists killed in eastern Ukraine 06/18/2014 01:31am • NATALIYA VASILYEVA Associated Press MOSCOW (AP) -- Two Russian journalists for a Russian state-owned TV channel died Tuesday in eastern Ukraine after being hit by mortar fire, the Rossiya 24 network said.Correspondent Igor Kornelyuk, 37, died during surgery in a hospital after being wounded while on Inflation data give Fed another topic for debate 06/17/2014 10:46pm • MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) -- The Federal Reserve received some further cause for discussion at its policy meeting this week with a report Tuesday of a surprising jump in consumer inflation.Yet most economists aren't altering their view that the Fed's first interest rate i US, SunTrust announce nearly $1B settlement 06/17/2014 10:30pm • ERIC TUCKER Associated Press WASHINGTON (AP) -- SunTrust has agreed to pay nearly $1 billion to resolve allegations that it underwrote and endorsed faulty mortgage loans, the Justice Department announced Tuesday.The $968 million settlement, reached with the Justice Department and other government ag Stocks drift higher; Banks gain as rates rise 06/17/2014 05:22pm • The Associated Press Stocks are closing slightly higher, led by gains in the financial sector.Banks including Bank of America and Morgan Stanley rose Tuesday as long-term interest rates moved higher. That gave banks the prospect of earning more money from making loans.The Dow Jones industrial avera In $43 million deal, Popeyes reunites with recipes 06/17/2014 05:11pm • KEVIN McGILL Associated Press NEW ORLEANS (AP) -- The Atlanta-based company that franchises Popeyes fried chicken restaurants has purchased the recipes for many of its dishes for $43 million from a Louisiana-based seasoning company owned by the estate of Popeyes' founder.Popeyes Louisiana Kitchen In