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  • Ukraine fears weigh on global stock markets

    LONDON (AP) — Fears of an escalation in the conflict in Ukraine weighed on global stocks markets Thursday, particularly in Russia, but sent the price of gold sharply higher as investors sought out what are considered to be safe places to park cash. KEEPING SCORE: In Europe, France's CAC 40 dropped 0.7 percent to 4,365, while Britain's FTSE 100...

  • Applications for US unemployment benefits dip to 298K, remain near pre-recession lows

    WASHINGTON (AP) — Applications for US unemployment benefits dip to 298K, remain near pre-recession lows.

  • US economy grew at brisk 4.2 percent rate in April-June quarter, faster than first estimated

    WASHINGTON (AP) — US economy grew at brisk 4.2 percent rate in April-June quarter, faster than first estimated.

  • Applications for US unemployment aid slip to 298K

    WASHINGTON (AP) — The number of Americans seeking unemployment benefits slipped 1,000 last week to a seasonally adjusted 298,000, a low level that signals employers are cutting few jobs and hiring is likely to remain strong. The Labor Department says the four-week average, a less volatile measure, dropped to 299,750. That's just 6,000 higher...

  • How states fared on unemployment benefit claims

    The number of Americans seeking unemployment benefits slipped 1,000 last week to a seasonally adjusted 298,000, a low level that signals employers are cutting few jobs and hiring are likely to remain strong. Here are the states with the biggest decreases in applications. No state reported an increase of more than 1,000. The data is for the...

  • US economy grew at brisk 4.2 pct. rate in Q2

    WASHINGTON (AP) — After a bleak start to the year, the U.S. economy rebounded vigorously in the April-June quarter, growing at a brisk annual rate of 4.2 percent, slightly faster than first estimated. The upward revision supported expectations that the second half of 2014 will prove far stronger than the first half. The Commerce Department's...

  • Deliveries roll following deal in supermarket feud

    TEWKSBURY, Mass. (AP) — A six-week standoff between thousands of employees of a New England supermarket chain and management has ended with the news that the beloved former CEO is back in control after buying the entire company. Tractor-trailers bearing the Market Basket logo and laden with the tons of food it will take to restock the chain's...

  • Explosion at BP refinery, fire extinguished

    WHITING, Ind. (AP) — A fire broke out after an explosion at a BP refinery in Whiting, Indiana, which rattled nearby homes. BP America spokesman Scott Dean said early Thursday that the refinery, which is just east of Chicago, had "an operational incident" on a process unit about 9 p.m. He said in a statement that the plant's in-house fire...

  • Reports: FBI probes US bank attacks by Russian hackers

    NEW YORK — The FBI is investigating a hacking attack on JPMorgan Chase and at least one other bank, according to reports citing unnamed sources familiar with the matter. A report on Bloomberg.com said Wednesday that the FBI is investigating an incident in which Russian hackers attacked the U.S financial system earlier this month in possible...

  • Revised estimate of Q2 growth likely to stay solid

    WASHINGTON (AP) — After a grim start to the year, the economy roared back to life in the spring, supporting expectations that the second half of 2014 will turn out far better than the first half. On Thursday, the government will revise its estimate of just how fast the economy grew in the April-June quarter. It will be its second of three...

  • Sting nets arrests at Colorado Springs massage parlors

    A sting operation conducted at two Colorado Springs massage parlors led to the arrest of several people Tuesday, police said. Arworn Hamilton, Misook Sledge, and Sang White were arrested on suspicion of human trafficking, pimping, prostitution, pandering and providing a place for prostitution, Colorado Springs police said. The joint...

  • Deal reached to sell supermarket chain to ex-CEO

    TEWKSBURY, Mass. (AP) — A New England supermarket chain that has been in turmoil for weeks over a workers' revolt and customer boycott has announced that the former CEO is buying the company from rival relatives. Market Basket said in a statement late Wednesday that former CEO Arthur T. Demoulas would be returning to the company and that he...

  • Asian stocks post cautious gains, Qantas surges

    TOKYO (AP) — Asian stock markets were mostly higher Thursday but gains were muted ahead of U.S. economic data and possible policy announcements from Japan. KEEPING SCORE: The Nikkei 225, the benchmark for the Tokyo Stock Exchange, inched down 0.5 percent to 15,450.42. Hong Kong's Hang Seng added 0.2 percent to 24,965.42. and South Korea's...

  • Survey: Americans' pessimism on economy has grown

    WASHINGTON (AP) — Americans are more anxious about the economy now than they were right after the Great Recession ended despite stock market gains, falling unemployment and growth moving closer to full health. Seventy-one percent of Americans say they think the recession exerted a permanent drag on the economy, according to a survey being...

  • FBI investigating reports of attacks on US banks

    NEW YORK (AP) — The FBI said Wednesday it's working with the Secret Service to determine the scope of recently reported cyberattacks against several U.S. financial institutions. A report on Bloomberg.com said Wednesday that the FBI is investigating an incident in which Russian hackers attacked the U.S financial system this month in possible...

  • Utah approves winery in town with polygamous sect

    SALT LAKE CITY (AP) — A town on the Utah-Arizona border largely controlled by Warren Jeffs' polygamous sect moved closer to opening its first commercial winery, a new venture and a signal of yet another lifestyle choice that separates the sect from mainstream Mormon teachings. State liquor authorities say the owners of Vintage Reserve Estates...

  • Alibaba's revenue growth surges in latest quarter

    SAN FRANCISCO (AP) — Alibaba's quarterly revenue growth is surging again, a development that should help the Chinese e-commerce company sell its shares in what could be one of the world's largest IPOs. The latest evidence of Alibaba's financial allure surfaced in a regulatory update filed Wednesday as the company prepares to complete its...

  • Hackerspaces help techies turn ideas into reality

    MESA, Ariz. (AP) — Inside a nondescript garage-like workshop nestled between restaurants, a flower shop and jewelry stores along Main Street, ideas are taking shape. At HeatSync Labs, the tables are littered with computer chips, pens, pads and tools while the room is abuzz with the chatter of would-be inventors hoping to change the world — or...

  • Deal on health care aids port contract talks

    LOS ANGELES (AP) — Negotiators hoping to forge a new contract for dockworkers and keep hundreds of billions of dollars in cargo moving smoothly through West Coast seaports made significant progress with a tentative deal on health care benefits, a knotty issue that tied up talks for months. West Coast dockworkers already have unusually generous...

  • SEC adopts rules on loan-backed securities

    WASHINGTON (AP) — Federal regulators on Wednesday voted to require financial firms that sell securities backed by loans, like the kind that fueled the 2008 financial crisis, to give investors details on borrowers' credit records and income. The Securities and Exchange Commission adopted the rules for securities linked to mortgages and auto...

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