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  • Altera stock soars on report of sales talks with Intel

    SAN FRANCISCO (AP) — Altera's stock soared to its highest price in nearly four years Friday on a report the chipmaker is in talks to be sold to industry leader Intel. The Wall Street Journal didn't cite any sources in its report about the negotiations and cautioned that a deal might not be consummated. Investors, though, are betting on a...

  • Business Highlights

    ___ German airline could face 'unlimited' damages for Alps crash STOCKHOLM (AP) — Lufthansa could face "unlimited" compensation claims for the crash that killed 150 people in the French Alps and it would be difficult, even counterproductive, for the German carrier to try to avoid liability, experts said Friday. Under a treaty governing...

  • Yellen: A rate increase may be warranted later this year

    WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said Friday that continued improvement in the U.S. economy means an increase in the Fed's key interest rate could come later this year. But Yellen stressed that any rate increases would likely be very gradual. The Fed has kept its benchmark rate at a record low near zero for more than six...

  • Stocks close with slight gains, but still end the week lower

    NEW YORK (AP) — A tough week on the stock market ended quietly Friday. Major indexes notched modest gains, not nearly enough to make up for the four previous days of losses. It wound up being the second-worst week for the market so far this year. The Dow Jones industrial average remains down slightly for 2015, and the Standard & Poor's 500...

  • Internet outages reveal gaps in US broadband infrastructure

    FLAGSTAFF, Ariz. (AP) — When vandals sliced a fiber-optic cable in the Arizona desert last month, they did more than time-warp thousands of people back to an era before computers, credit cards or even phones. They exposed a glaring vulnerability in the nation's Internet infrastructure: no backup systems in many places. Because Internet service...

  • Judge orders jury to resume deliberations in gender bias case after discrepancy in jury count

    SAN FRANCISCO (AP) — Judge orders jury to resume deliberations in gender bias case after discrepancy in jury count.

  • Colorado Springs cybersecurity firm forms partnership

    CertainSafe, a Colorado Springs-based cybersecurity firm, has formed a partnership with MicroTech, a Virginia-based technology and government contractor, that could produce more than $10 million in revenue for the two buisnesses. The partnership aims to incorporate CertainSafe's technology into MicroTech's products and sell CertainSafe's...

  • Authorities: Woman posed as lawyer for decade, named partner

    PITTSBURGH (AP) — A woman used forged documents to pose as an estate lawyer for a decade and made partner at her small firm before her fraud was discovered, according to charges announced Friday. Kimberly Kitchen was charged Thursday with forgery, unauthorized practice of law and felony records tampering. State prosecutors contend Kitchen...

  • Dow Chemical and Carnival are big market movers

    NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE The Dow Chemical Co., up $1.32 to $47.76 The chemical company is splitting its chlorine business and merging it with Olin Corp. in a cash-and-stock deal worth $5 billion. Carnival Corp., up $2.70 to...

  • North Dakota loses lowest jobless rate as oil prices slide

    BISMARCK, N.D. (AP) — For the first time in more than six years, North Dakota doesn't have the lowest unemployment rate in the nation, due in part to sliding oil drilling activity spurred by low crude prices. U.S. Bureau of Labor Statistics data released Friday show North Dakota's jobless rate in February was 2.9 percent, up from 2.8 percent...

  • RadioShack bankruptcy hearing drags on, Salus plans new bid

    WILMINGTON, Del. (AP) — A lender who failed to win an auction this week for RadioShack's assets is planning to submit a new bid as a bankruptcy court hearing on the fate of the electronics retailer drags on. An attorney for Salus Capital Partners, one of RadioShack's largest creditors, said Friday that it will present a new bid when the...

  • Senate approves long-delayed bill to boost energy efficiency

    WASHINGTON (AP) — The Senate approved a long-delayed bill to boost energy efficiency Friday that includes incentives to cut energy use in commercial buildings, manufacturing plants and homes. Senators approved the bill by voice vote shortly before beginning a two-week recess. The measure now goes to the House, where a similar bill was approved...

  • Jury decides Silicon Valley firm did not discriminate against female worker who filed lawsuit

    SAN FRANCISCO (AP) — Jury decides Silicon Valley firm did not discriminate against female worker who filed lawsuit .

  • US economic growth may be mild, but it's also really durable

    WASHINGTON (AP) — The U.S. economy's tepid performance last quarter — a 2.2 percent annual growth rate — was typical of the economic rebound that began in the summer of 2009. Yet the sluggish pace of the recovery has a silver lining: This growth spurt has proved to be one of the most durable since World War II. Will it last? It'll depend on a...

  • US stock indexes end a rough week with tiny gains

    NEW YORK (AP) — U.S. market indexes are ending a tough week with modest gains. The slight increases on Friday weren't enough to keep the market from having its second-worst week this year. The price of oil plunged 5 percent, ending a week of strong gains. The Dow Jones industrial average rose 34 points, or 0.2 percent, to 17,712. The...

  • Blaze on New York's Fire Island ruins gay resort landmarks

    MINEOLA, N.Y. (AP) — An early morning blaze on Fire Island destroyed several structures, including two well-known landmarks in a historic gay resort, and required dozens of firefighters to respond by ferry from the mainland of Long Island, fire and police officials said Friday. The fire, which was reported at about 1:30 a.m., ruined an...

  • Deaths of hospital CEO and wife in fire ruled murder-suicide

    A hospital executive who spent decades as an important figure in New Jersey politics and policy killed his wife, set their house ablaze, then killed himself, a prosecutor ruled Friday, finally giving an explanation six months later of the mysterious deaths. The four grown sons of John and Joyce Sheridan released a statement expressing doubt...

  • Jury reaches verdict in gender bias case against Silicon Valley venture capital firm

    SAN FRANCISCO (AP) — Jury reaches verdict in gender bias case against Silicon Valley venture capital firm .

  • Massachusetts governor asks for snow disaster declaration

    BOSTON (AP) — Gov. Charlie Baker formally asked the federal government on Friday to declare a disaster in 10 Massachusetts counties after a relentless series of winter storms brought record snowfall and frigid temperatures, causing 25 deaths and costing the state and its cities and towns an estimated $400 million. The request was made in a...

  • Duration of post-WWII US economic recoveries, at a glance

    WASHINGTON (AP) — The expansion of the U.S. economy will hit its six-year mark in June. Though growth overall has generally been mild, this recovery has proved to be one of the most durable and steady periods of growth since World War II. At 69 months (assuming it endures through March) and counting, this recovery is the fifth-longest since...

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