• Analyst says GM may consider merger or big partnership

    Updated: 13 hr ago

    NEW YORK (AP) — General Motors may need to consider big strategic changes like a merger or partnership with a competitor, a Morgan Stanley analyst said Thursday. Analyst Adam Jonas noted that GM is returning lot of cash to shareholders, but its stock has made only small gains this...

  • Abercrombie posts bigger loss, but expects sales to improve

    Updated: 13 hr ago

    NEW ALBANY, Ohio (AP) — Abercrombie & Fitch, which is the midst of overhauling its racy image, said it expects sales to improve in the next year. The teen retailer's shares rose more than 13 percent Thursday even though its first-quarter earnings and revenue missed Wall Street...

  • Rules aim to protect imperiled bird's habitat in 10 states

    Updated: 13 hr ago

    CHEYENNE, Wyo. (AP) — Interior Secretary Sally Jewell revealed plans Thursday to preserve habitat in 10 Western states for an imperiled ground-dwelling bird, the federal government's biggest land-planning effort to date for conservation of a single species. The proposal would affect...

  • Rebates drive grass removal frenzy during California drought

    Updated: 13 hr ago

    LOS ANGELES (AP) — There's a torrent of Californians taking advantage of rebates for ripping out water-guzzling lawns during the drought, and that's providing a big boost to landscapers. In Southern California in particular, things are poised to get even better for an industry that...

  • Express and Broadcom are big market movers

    Updated: 13 hr ago

    NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Express Inc., up 79 cents to $17.41 The clothing retailer reported better-than-expected first-quarter results and increased its full-year...

  • US stocks end modestly lower

    Updated: 14 hr ago

    NEW YORK (AP) — U.S. stocks are ending modestly lower following a sell-off in the Chinese market and concerns about an approaching deadline for Greece to make a debt payment. The Dow Jones industrial average fell 36 points, or 0.2 percent, to close at 18,126 Thursday. The Standard &...

  • Massive coal breaker, Pennsylvania's last, is coming down

    Updated: 14 hr ago

    MAHANOY CITY, Pa. (AP) — When coal was king, its castle was the breaker — an imposing fortress that crushed, washed and sized billions of tons of Pennsylvania anthracite for use in factories, foundries and homes up and down the East Coast. Nearly 300 breakers loomed over the coal...

  • Atlantic City sues over failed community loan program

    Updated: 14 hr ago

    ATLANTIC CITY, N.J. (AP) — A 2-year-old loan program that was supposed to lend as much as $40 million to struggling homeowners and businesses in this cash-strapped resort city has given out nothing and has instead led to a federal lawsuit. Atlantic City is suing to get back $3 million...

  • Figures on government spending and debt

    Updated: 14 hr ago

    WASHINGTON (AP) — Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.

  • FCC head unveils proposal to narrow 'digital divide'

    Updated: 14 hr ago

    NEW YORK (AP) — The head of the Federal Communications Commission is proposing that the government agency expand a phone subsidy program for the poor to include Internet access. The FCC Chairman Tom Wheeler, has emphasized that Internet access is a critical component of modern life,...

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