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AP Top Business News At 3:13 p.m. EDT
Updated: 5 hours 17 min ago

US stock market has best week in nearly 2 years

Fri, 2014-10-24 15:03
NEW YORK (AP) -- The stock market closed out its best week in nearly two years on a positive note Friday, helped by strong quarterly earnings from Microsoft and other big U.S. companies....

Out-of-patience investors sell off Amazon

Fri, 2014-10-24 14:40
NEW YORK (AP) -- Amazon has long acted like an ideal customer on its own website: a freewheeling big spender with no worries about balancing a checkbook. Investors confident in founder and CEO Jeff Bezos' invest-and-expand strategy flooded into the stock as the company revolutionized shopping, upended the book industry and took on the cloud - even though its vast range of initiatives ate up all the company's profits....

NBCUniversal settles with unpaid interns for $6.4M

Fri, 2014-10-24 13:55
NEW YORK (AP) -- Nearly 9,000 unpaid interns stand to benefit from a $6.4 million settlement with NBCUniversal over back wages....

UPS expects double-digit surge in Dec shipments

Fri, 2014-10-24 13:13
DALLAS (AP) -- UPS might levy surcharges or even turn away some holiday shipments this year if retailers surprise the delivery giant by dropping off more packages than they had planned....

WHO: Millions of Ebola vaccine doses ready in 2015

Fri, 2014-10-24 11:28
LONDON (AP) -- The World Health Organization says millions of doses of two experimental Ebola vaccines could be ready for use in 2015 and five more experimental vaccines will start being tested in March....

Ford profit falls in third quarter on truck costs

Fri, 2014-10-24 10:48
DEARBORN, Mich. (AP) -- Ford's new aluminum-sided F-150 will be a lot lighter and more efficient when it goes on sale later this year. But for now it's a serious drag on profits....

US new-home sales close to flat in September

Fri, 2014-10-24 10:13
WASHINGTON (AP) -- U.S. sales of new homes were nearly flat in September, after the government sharply revised downward what was initially an August surge in buying....

Procter & Gamble taking out its batteries

Fri, 2014-10-24 08:16
NEW YORK (AP) -- Procter & Gamble plans to remove its batteries and make Duracell a stand-alone company....

Chiquita holders reject plans to merge with Fyffes

Fri, 2014-10-24 08:02
CHARLOTTE, N.C. (AP) -- Chiquita shareholders have rejected plans to merge with Irish fruit importer Fyffes that would have made the world's largest banana supplier....

P&G matches Street 1Q forecasts

Fri, 2014-10-24 05:56
CINCINNATI (AP) -- Procter & Gamble Co. (PG) on Friday reported net income of $1.99 billion in its fiscal first quarter....

Senators ask gov't for nationwide air bag recall

Thu, 2014-10-23 20:57
DETROIT (AP) -- Two U.S. senators are calling on regulators to issue a nationwide recall of cars with faulty air bags made by Takata Corp., questioning why automakers have been allowed to limit recalls to only certain locations with high humidity....

EU reaches deal to cut greenhouse gas emissions

Thu, 2014-10-23 19:18
BRUSSELS (AP) -- European Union leaders agreed early Friday to cut greenhouse gas emissions in the 28-nation bloc to at least 40 percent below 1990 levels by 2030....

Cloud business lifts Microsoft's quarterly results

Thu, 2014-10-23 17:23
SAN FRANCISCO (AP) -- Microsoft's quarterly profit and revenue sailed past expectations Thursday, as CEO Satya Nadella's push to embrace cloud computing and diversify into mobile devices helped lift sales by 25 percent....

A blue Christmas for Amazon?

Thu, 2014-10-23 17:18
NEW YORK (AP) -- It might be a blue Christmas for Amazon....

Enticing low rates, but impact could be limited

Thu, 2014-10-23 15:21
WASHINGTON (AP) -- With mortgage rates sliding for a fifth straight week, the possibility of locking in a rate below 4 percent is tempting for consumers and could unleash a wave of refinancing. It may even convince some Americans to buy their first home....

Fuel costs ease, US airline profits soar

Thu, 2014-10-23 13:44
DALLAS (AP) -- Profits are soaring at the biggest U.S. airlines as fuel prices drop - but don't expect fares to fall too....

European authorities aim to purge weak banks

Thu, 2014-10-23 08:47
FRANKFURT, Germany (AP) -- Europe's biggest banks are facing a day of judgment as the European Central Bank prepares to unveil the results of a yearlong search through the dark corners of their finances....

Zuckerberg speaks Chinese, Beijing students cheer

Thu, 2014-10-23 08:27
BEIJING (AP) -- China may ban Facebook, but not its co-founder Mark Zuckerberg. The young billionaire delighted an audience of students at a prestigious Beijing university this week with a 30-minute chat in his recently learned Mandarin Chinese....

GM 3Q profit nearly doubles, led by N. America

Thu, 2014-10-23 06:44
DETROIT (AP) -- Big profits from rising SUV and truck sales in North America helped General Motors nearly double its third-quarter net profit and more than offset its struggles in Europe and South America....

California malpractice cap generates big spending

Wed, 2014-10-22 18:02
SACRAMENTO, Calif. (AP) -- Bob Pack wanted to go after the HMO doctors for recklessly prescribing painkillers to a drug-abusing nanny who ran over his 10-year-old son and 7-year-old daughter as they were heading for ice cream one early fall evening in 2003....