• Hess reports 2Q loss

    Updated: 15 hr ago

    NEW YORK (AP) — Hess Corp. (HES) on Wednesday reported a second-quarter loss of $567 million, after reporting a profit in the same period a year earlier. On a per-share basis, the New York-based company said it had a loss of $1.99. Losses, adjusted for non-recurring costs and to...

  • Starz posts 2Q profit

    Updated: 15 hr ago

    ENGLEWOOD, Colo. (AP) — Starz Inc. (STRZB) on Wednesday reported second-quarter earnings of $63.4 million. On a per-share basis, the Englewood, Colorado-based company said it had profit of 59 cents. The cable channel operator posted revenue of $417.7 million in the period. Starz...

  • Southern Co. beats 2Q profit forecasts

    Updated: 15 hr ago

    ATLANTA (AP) — Southern Co. (SO) on Wednesday reported second-quarter net income of $643 million. The Atlanta-based company said it had net income of 69 cents per share. Earnings, adjusted for non-recurring costs, came to 71 cents per share. The results exceeded Wall Street...

  • Trade ministers from 12 Pacific nations gather on Maui

    Updated: 17 hr ago

    LAHAINA, Hawaii (AP) — Trade ministers from 12 nations around the Pacific Rim are meeting on the Hawaiian island on Maui to negotiate a trade pact. U.S. Trade Representative Michael Froman told his counterparts at the start of the talks at the Westin Resort in Kaanapali...

  • Future unsure for troubled New Mexico green chile production

    Updated: 20 hr ago

    ALBUQUERQUE, N.M. (AP) — Green chiles have defined New Mexico for generations, gaining fans and fame around the globe. However, as this year's harvest begins, labor shortages, shrinking acreage, drought and foreign competition have hurt production in the state. Farmers and producers...

  • Fed is likely to delay 1st rate hike in 9 years a bit longer

    Updated: 22 hr ago

    WASHINGTON (AP) — The Federal Reserve is moving toward raising interest rates from record lows — just not likely yet. On Wednesday, when it ends its latest policy meeting, Fed officials will issue a statement that will be parsed for clues to just when the first rate increase since...

  • Ohio State coach Meyer, mascot celebrated in butter at fair

    Updated: 23 hr ago

    COLUMBUS, Ohio (AP) — Winning another national championship has made Urban Meyer a butter man. The Ohio State University football coach and Buckeyes mascot Brutus are being honored with butter sculptures at this year's Ohio State Fair, which opens Wednesday in Columbus. The life-size...

  • Asian stocks post cautious gains ahead of Fed statement

    Updated: 23 hr ago

    TOKYO (AP) — Asian stock markets mostly made modest gains Wednesday as the recent plunge in Chinese shares kept investors on edge and attention turned to a Federal Reserve meeting that might give clues about the timing of a U.S. interest rate hike. KEEPING SCORE: China's Shanghai...

  • Administration would give prisoners access to student grants

    Yesterday

    WASHINGTON (AP) — Some federal and state prisoners could soon be eligible for federal student aid to take college courses while behind bars. The aid would come in the form of Pell grants, which are for low-income people and do not have to be repaid. The Education Department confirmed...

  • From rents to haircuts, Americans start to feel price hikes

    Yesterday

    WASHINGTON (AP) — Apartment rents are up. So are prices for restaurant meals, haircuts, gym memberships and a cup of coffee. For American consumers who have become used to flat or even falling prices for several years, an unfamiliar sight has emerged in many corners of the economy:...

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