More Business Articles

  • Yahoo's 1Q highlighted by Alibaba, modest ad gains

    Updated: 8 hr ago

    SAN FRANCISCO (AP) — Yahoo is prospering from its lucrative investments in Asia while the Internet company's listless advertising sales are picking up, if ever so slightly, under CEO Marissa Mayer. The positive signs in the Yahoo's first-quarter report overshadowed a 20 percent...

  • Congress is giving states the transportation blues

    Updated: 9 hr ago

    DAYTON, Ohio (AP) — On the road in a tour bus this week, the U.S. transportation secretary is spreading some bad news: The government's Highway Trust Fund is nearly broke. If allowed to run dry, that could set back or shut down projects across the country, force widespread layoffs of...

  • Ga. judge won't stop new Vidalia onion rule

    Updated: 9 hr ago

    REIDSVILLE, Ga. (AP) — A Georgia judge Tuesday refused to intervene in a legal battle between a prominent Vidalia onion farmer and the state's agriculture commissioner over a new regulation aimed at keeping unripe onions from reaching store shelves. Following a hearing in rural...

  • CSX 1Q profit falls 14 pct as weather slows rails

    Updated: 9 hr ago

    OMAHA, Neb. (AP) — Harsh winter weather slowed CSX railroad and contributed to a 14 percent drop in first-quarter profit, even as freight volume grew modestly. On Tuesday, the railroad based in Jacksonville, Fla., reported net income of $398 million, or 40 cents per share, in the...

  • Judge blocks Massachusetts ban on painkiller

    Updated: 10 hr ago

    BOSTON (AP) — A federal judge has blocked Massachusetts from banning the powerful new painkiller Zohydro. U.S. District Court Judge Rya Zobel on Tuesday issued a preliminary injunction after the maker of the drug, Zogenix, argued in a lawsuit that the ban ordered by Gov. Deval...

  • Wheat rises on weather, Ukraine; Gold jumps

    Updated: 10 hr ago

    Wheat futures rose sharply for a second straight day Tuesday amid cold temperatures in the U.S. and growing concerns that Ukraine's grain exports could be disrupted. Wheat rose 23 cents, or 3 percent, to settle at $7.02 a bushel. The price has risen nearly 7 percent over the last two...

  • Business Highlights

    Updated: 10 hr ago

    ___ Yellen signals more aggressive stance toward banks WASHINGTON (AP) — The Federal Reserve may be about to turn more aggressive in its regulation of the financial system. Fed Chair Janet Yellen suggested Tuesday that current regulatory rules might not be enough to prevent the...

  • US stock markets rebounds after choppy day

    Updated: 10 hr ago

    A stock market swoon turned into a comeback Tuesday. Stocks managed a late-afternoon rebound for the second time in two days as investors seemed to brush off a report of lower confidence among homebuilders and simmering tensions in the Ukraine. The late rally even gave a lift to tech...

  • How the Dow Jones industrial average fared Tuesday

    Updated: 10 hr ago

    Stocks notched modest gains Tuesday after a day of up-and-down trading as investors weighed encouraging earnings from Coca-Cola and Johnson & Johnson against a survey of U.S. homebuilders that showed the industry's confidence in the housing market remains low. Major U.S. indexes moved...

  • Coca-Cola and MasterCard are big market movers

    Updated: 11 hr ago

    NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE The Coca-Cola Co., up $1.45 to $40.18 The first global sales volume decline for soda in at least a decade was offset by sales of noncarbonated...

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