• McDonald's CEO steps down as sales decline

    Updated: Wed, Jan 28, 2015

    NEW YORK (AP) — McDonald's CEO Don Thompson is stepping down as the world's biggest hamburger chain fights to hold onto customers and transform its image. The company said Thompson, who has been CEO for two-and-a-half years, will be replaced by Steve Easterbrook, a company veteran who...

  • Pipeline not state-inspected before 3M-gallon saltwater leak

    Updated: Wed, Jan 28, 2015

    A pipeline that ruptured recently in North Dakota and spilled nearly 3 million gallons of saltwater produced during oil drilling wasn't inspected by the state before being installed, according to state regulators. Alison Ritter, a spokeswoman for the North Dakota Industrial...

  • Romney takes aim at Obama, Clinton in Mississippi

    Updated: 56 min ago

    STARKVILLE, Miss. (AP) — Mitt Romney hasn't officially declared himself a presidential candidate again, but the 2012 Republican nominee looked and sounded like one during a stop Wednesday in Mississippi, back-slapping at a popular barbecue joint before delivering a speech that...

  • California declares electronic cigarettes a health threat

    Updated: 1 hr ago

    SACRAMENTO, Calif. (AP) — California health officials Wednesday declared electronic cigarettes a health threat that should be strictly regulated like tobacco products, joining other states and health advocates across the U.S. in seeking tighter controls as "vaping" grows in popularity....

  • Las Vegas Sands beats profit forecasts, still keen on Macau

    Updated: 1 hr ago

    LAS VEGAS (AP) — Macau couldn't bring the Las Vegas Sands' spirits down. As the Asian gambling hotspot cools off amid a government corruption crackdown that scared off VIP gamblers and efforts to make the destination's casinos smoke-free, the casino empire's executives assured analysts...

  • FACT CHECK: Both sides in Keystone XL debate bend facts

    Updated: 1 hr ago

    WASHINGTON (AP) — Supporters of the Keystone XL pipeline, which would run from Canada to the Gulf, say the privately funded, $8 billion project is a critically needed piece of infrastructure that will create thousands of jobs and make the U.S. dependent on oil from friends, rather than...

  • S&P close to $1.37B deal over risky mortgage bond ratings

    Updated: 2 hr ago

    WASHINGTON (AP) — Standard & Poor's is close to a $1.37 billion settlement with the Obama administration and U.S. states over allegations it knowingly inflated its ratings of risky mortgage investments that helped trigger the financial crisis. The credit rating agency is expected to...

  • Jury to decide if Toyota involved in 2006 crash had defect

    Updated: 2 hr ago

    MINNEAPOLIS (AP) — An attorney for a Minnesota man whose Toyota Camry rammed into another car in 2006, killing three people, said during closing arguments in federal court Wednesday that the car had a defect that caused the accelerator to stick. The car driven by Koua Fong Lee was not...

  • 4 buddies did unheard of in 'World Series' of NFL betting

    Updated: 2 hr ago

    LAS VEGAS (AP) — If there's a secret to how four buddies managed to beat the house 76 percent of the time during the NFL's regular season to win a record-setting $736,575, they aren't giving it up. The four sports bettors from Los Angeles and Boston achieved a feat that was unheard of...

  • Mobile provider TracFone to pay $40M in federal settlement

    Updated: 2 hr ago

    WASHINGTON (AP) — The nation's largest prepaid mobile provider, TracFone Wireless, will pay $40 million to settle government claims that it misled millions of smartphone customers with promises of unlimited data service. The Federal Trade Commission said Wednesday that TracFone's...

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