More Business Articles

  • Japan stocks soar 5 percent, yen falls on stimulus

    Updated: Fri, Oct 31, 2014

    SEOUL, South Korea (AP) — Japan's stock index surged 5 percent to the highest level since late 2007 and the yen slid against the dollar Friday after the Bank of Japan unexpectedly announced new stimulus to boost a flagging economic recovery. Other Asian stock markets were also higher...

  • APNewsBreak: Medicare bought meds for dead people

    Updated: Fri, Oct 31, 2014

    WASHINGTON (AP) — A government watchdog agency says Medicare's prescription drug program kept paying for costly medications even after patients were dead. The problem apparently started with a bureaucratic rule that's now getting a second look. A report coming out Friday from the...

  • Nikkei jumps 5 percent, other Asian stocks up after Japan announces more stimulus; yen slides

    Updated: 41 min ago

    SEOUL, South Korea (AP) — Nikkei jumps 5 percent, other Asian stocks up after Japan announces more stimulus; yen slides.

  • Police search Boeing plant; no armed man found

    Updated: 1 hr ago

    EVERETT, Wash. (AP) — Police in Everett, Washington, say they have searched a portion of a Boeing aircraft plant after two employees reported seeing what appeared to be an armed man, but officers found nothing to substantiate the reports. More than two hours after the 7 p.m. reports...

  • Asia stocks gain after robust US growth report

    Updated: 2 hr ago

    SEOUL, South Korea (AP) — Asian stocks climbed Friday after strong U.S. economic growth and upbeat earnings sent Wall Street higher. The dollar continued to strengthen after the Fed signaled a rate hike earlier this week. KEEPING SCORE: Japan's Nikkei 225 jumped 1.7 percent to...

  • Rivals gear up for next round of Tenn. whiskey war

    Updated: 4 hr ago

    NASHVILLE, Tenn. (AP) — The passage of several months since a heated legislative debate over the legal definition of Tennessee whiskey has done little to mellow the dispute between two global liquor giants and the growing number of craft distillers caught between them. Jack Daniel's...

  • Judge approves California city's bankruptcy plan

    Updated: 5 hr ago

    SACRAMENTO, Calif. (AP) — A judge on Thursday approved a plan that allows Stockton to leave bankruptcy protection by eliminating more than $2 billion in long-term debt payments without touching the city's pension obligations. The ruling by U.S. Bankruptcy Judge Christopher Klein...

  • Kum & Go chain settles disabilities lawsuit

    Updated: 6 hr ago

    DES MOINES, Iowa (AP) — The Kum & Go convenience store chain agreed Thursday to spend millions of dollars to make changes at more than 400 stores in 11 states to settle a lawsuit that claimed its gas stations failed to comply with the Americans With Disabilities Act. The class-action...

  • Apple CEO publicly acknowledges that he's gay

    Updated: 6 hr ago

    NEW YORK (AP) — Apple CEO Tim Cook's declaration that he's "proud to be gay" wasn't exactly news in Silicon Valley, where his sexual orientation was no secret. But advocates say that given Apple's immense reach and visibility, his coming-out could help change attitudes in workplaces...

  • Online stores fight Amazon for piece of retail pie

    Updated: 7 hr ago

    NEW YORK (AP) —'s low prices and seemingly endless array of goods have made it the biggest online retailer in the U.S., commanding about 20 percent of all e-commerce. The company is projected to have over $89 billion in revenue this year. Its massive success has driven other...