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AP Top Business News At 10:05 a.m. EDT
Updated: 22 hours 35 min ago

CSX railroad expects modest 2014 profit growth

Wed, 2014-04-16 08:05
OMAHA, Neb. (AP) -- CSX railroad expects to deliver modest profit growth this year, but the impact of the severe winter will linger into the second quarter....

Yahoo, PNC among early winners among US stocks

Wed, 2014-04-16 07:55
Stock indexes are opening higher after more U.S. companies reported solid earnings and some encouraging news about China's economy....

US factory output extended solid gains in March

Wed, 2014-04-16 07:44
WASHINGTON (AP) -- U.S. factory output rose further last month, extending strong growth from February after harsh weather had caused production to tumble in January. Manufacturers produced more furniture, clothing, chemicals and aerospace products....

US home building up in March after frigid winter

Wed, 2014-04-16 07:17
WASHINGTON (AP) -- U.S home construction rose moderately in March as builders resumed work at the end of a frigid winter. But applications for building permits slid, clouding the outlook for future construction....

Russian economy hit by Ukraine turmoil

Wed, 2014-04-16 07:16
MOSCOW (AP) -- Russia's economy slowed sharply in the first three months of the year as uncertainty over the crisis in Ukraine spooked investors into pulling money out of the country, a government minister said Wednesday....

Ford to offer 50th anniversary Mustang

Wed, 2014-04-16 07:08
NEW YORK (AP) -- Ford is building a limited-edition Mustang GT to honor the pony car's 50th anniversary....

Bank of America posts loss, hurt by legal expenses

Wed, 2014-04-16 06:18
CHARLOTTE, N.C. (AP) -- Bank of America said Wednesday that it swung to a loss in the first quarter, hurt by $6 billion in legal expenses....

China's growth slows to 7.4 percent in 1Q

Wed, 2014-04-16 03:25
BEIJING (AP) -- China's economic growth slowed further in the latest quarter but appeared strong enough to satisfy Chinese leaders who are trying to put the country on a more sustainable path without politically dangerous job losses....

Credit Suisse profits down 34 percent

Wed, 2014-04-16 02:59
FRANKFURT, Germany (AP) -- Swiss bank Credit Suisse says its net profit fell 34 percent in the first quarter, more than expected, as bond-market woes hurt earnings at its investment banking business....

GM to ask bankruptcy court for lawsuit protection

Tue, 2014-04-15 21:07
DETROIT (AP) -- General Motors revealed in court filings late Tuesday that it will soon ask a federal bankruptcy judge to shield the company from legal claims for conduct that occurred before its 2009 bankruptcy....

Stocks head higher in early trade; J&J gains

Tue, 2014-04-15 07:46
NEW YORK (AP) -- Stocks are opening higher on Wall Street as big-name U.S. companies turn in their latest financial results....

Coca-Cola sells more drinks but soda dips

Tue, 2014-04-15 07:35
NEW YORK (AP) -- Coca-Cola sold more drinks in the first quarter, but it wasn't because of soda....

Zebra to spend $3.45B on Motorola business

Tue, 2014-04-15 07:17
LINCOLNSHIRE, Ill. (AP) -- Zebra Technologies will spend more than $3 billion to buy the enterprise business of Motorola Solutions in a considerable expansion that is both technological and geographical....

Foreign holdings of US Treasury debt increase

Tue, 2014-04-15 07:08
WASHINGTON (AP) -- Foreign buyers of U.S. Treasury securities increased their holdings in February to another record high....

Yellen says Fed examining additional bank rules

Tue, 2014-04-15 06:54
WASHINGTON (AP) -- Federal Reserve Chair Janet Yellen says recent initiatives by the Fed and other regulators to help banks make it through periods of financial stress are important, but they may still need to be strengthened....

US consumer prices rose just 0.2 percent in March

Tue, 2014-04-15 06:46
WASHINGTON (AP) -- Lower U.S. gasoline prices kept consumer inflation in check last month, helping offset higher costs for food and clothing....

Aaron's buys Progressive Finance, cuts outlook

Tue, 2014-04-15 06:43
ATLANTA (AP) -- Furniture leasing company Aaron's has agreed to buy online rent-to-own finance company Progressive Finance Holdings for $700 million in cash in a bid to turn around its business even as it cut its first-quarter outlook....

J&J Q1 net up 8 percent on sales jump, lower costs

Tue, 2014-04-15 06:35
Johnson & Johnson's first-quarter profit rose 8 percent, because of restrained costs and a big jump in prescription drug sales....

Teething troubles for Chinese tourists in Thailand

Tue, 2014-04-15 04:12
CHIANG MAI, Thailand (AP) -- The bucolic, once laid-back campus of one of Thailand's top universities is under a security clampdown. Not against a terrorist threat, but against Chinese tourists....

US retail sales up strong 1.1 percent in March

Mon, 2014-04-14 07:20
WASHINGTON (AP) -- U.S. retail sales in March rose by the largest amount in 18 months, led by strong gains in sales of autos, furniture and a number of other products....