Home
 

AP Business News Headlines

Syndicate content
AP Top Business News At 10:21 a.m. EDT
Updated: 3 hours 49 min ago

Revel buyers plan to re-open it as a casino

3 hours 55 min ago
ATLANTIC CITY, N.J. (AP) -- A Canadian asset management company that won a bankruptcy court auction for the failed Revel casino hotel in Atlantic City plans to re-open it as a casino....

Ford's US sales down 3 percent in September

4 hours ago
DETROIT (AP) -- Ford's U.S. sales dipped 3 percent in September as the company cut back on truck discounts in anticipation of a new F-150 later this year....

GM's US sales up 19 percent in September

4 hours 4 min ago
DETROIT (AP) -- General Motors' U.S. sales jumped 19 percent in September on big demand for its pickup trucks....

Truck deals help boost US auto sales in September

4 hours 10 min ago
DETROIT (AP) -- Big discounts on pickup trucks helped keep U.S. auto sales strong in September....

US stocks slip in early trade; General Mills down

4 hours 37 min ago
NEW YORK (AP) -- Stocks are heading lower in early trading, putting the market on course for its third loss in a row....

Coca-Cola to revise executive pay plan

4 hours 43 min ago
NEW YORK (AP) -- Coca-Cola is revising its pay plan for executives after shareholders including Warren Buffett called it excessive....

General Mills plans to cut about 700 to 800 jobs

5 hours 17 min ago
NEW YORK (AP) -- General Mills plans to cut approximately 700 to 800 jobs, the second time it's trimmed its work force in a month, as the food company adjusts for a shift by U.S. consumers away from boxed or frozen meals....

Could a merger follow the PayPal-eBay split?

6 hours 46 min ago
NEW YORK (AP) -- PayPal's split from long-time partner eBay Inc. makes Carl Icahn mighty happy. But he doesn't think PayPal should stay single for long....

Moet bets on bubbly in China with sparkling winery

8 hours 14 min ago
YONGNING COUNTY, China (AP) -- France's Moet Hennessy is betting on China's taste for bubbly with the launch of sales this month by the first foreign-owned Chinese winery devoted to sparkling wine....

Saudi overhaul reshapes Islam's holiest city Mecca

9 hours 26 min ago
MECCA, Saudi Arabia (AP) -- As a child, Osama al-Bar would walk from his home past Islam's holiest site, the Kaaba, to the market of spice and fabric merchants where his father owned a store. At that time, Mecca was so small, pilgrims could sit at the cube-shaped Kaaba and look out at the serene desert mountains where the Prophet Muhammad once walked....

EU keeps Russia sanctions in place for now

Tue, 2014-09-30 07:26
BRUSSELS (AP) -- European Union ambassadors have decided to keep Ukraine-related sanctions against Russia in place for the time being....

Johnson & Johnson buying Alios for $1.75B

Tue, 2014-09-30 07:24
NEW BRUNSWICK, N.J. (AP) -- Johnson & Johnson is buying the biopharmaceutical company Alios BioPharma Inc. for about $1.75 billion....

US home prices rise at slowest pace in 20 months

Tue, 2014-09-30 07:02
WASHINGTON (AP) -- U.S. home prices in July increased at the slowest pace in 20 months, reflecting sluggish sales and a greater supply of houses for sale....

Walgreen reports 4Q loss

Tue, 2014-09-30 06:51
Walgreen booked a $239 million loss in its fiscal fourth quarter after swallowing a huge accounting charge from its Alliance-Boots acquisition, but the drugstore chain's beleaguered stock climbed after it posted results that met Wall Street expectations....

PayPal goes mobile, to split from eBay in 2015

Tue, 2014-09-30 06:35
SAN JOSE, Calif. (AP) -- The mobile payment service PayPal is splitting from eBay and will become a separate and publicly traded company next year....

EU says Ireland grants Apple illegal tax benefits

Tue, 2014-09-30 06:27
BRUSSELS (AP) -- Ireland appears to be granting Apple illegal tax rebates that may have to be recouped, the European Union's competition watchdog said Tuesday as it pressed on with an inquiry into the iPhone maker's overseas tax practices....

News Corp. to buy Move Inc. for about $950 million

Tue, 2014-09-30 05:31
NEW YORK (AP) -- News Corp. is spending about $950 million to buy the online real estate business Move Inc. in a deal that aims to speed up the media company's digital expansion....

China approves iPhone 6 after security assurances

Tue, 2014-09-30 03:45
BEIJING (AP) -- China's phone regulator said Tuesday it has approved Apple Inc.'s iPhone 6 for use on Chinese networks after the company promised never to install "backdoors" to give other governments access to users' information. Apple said sales start Oct. 17....

Gov't to reveal drug company payments to doctors

Tue, 2014-09-30 00:48
WASHINGTON (AP) -- Striving to shine a light on potential ethical conflicts in medicine, the Obama administration is releasing data on drug company payments to tens of thousands of individual doctors....

Safety agency studying Toyota acceleration problem

Mon, 2014-09-29 07:19
DETROIT (AP) -- U.S. safety regulators are looking into a consumer's petition alleging that older Toyota Corollas can accelerate unexpectedly at low speeds and cause crashes....