The BEC Spotlight

Black News

Blackecommerce.com will post news articles and events that will keep you informed and inspired.

No. 30: Henry Parks, The Pioneer

In celebration of our 40th anniversary, Black Enterprise ranks the Titans: The 40 Most Powerful African Americans in Business--and how they shaped our world. Follow our daily countdown. Henry Parks is No. 30 on our list of the most impactful black business leaders of the past four decades.

Read More

AstraZeneca Q2 Profits Up 22 Pct

LONDON (AP) — AstraZeneca PLC has reported a 22 percent rise in second quarter net profit and has also revealed that a key new drug — its blood thinner Brilinta — has been given a thumbs up by an advisory committee of the U.S. Food and Drug Administration. The Anglo-Swedish drugmaker on Thursday posted net profit [...]

Read More

How The AP-Univision Poll Was Conducted

The Associated Press-Univision poll of Hispanic adults was conducted by the National Opinion Research Center (NORC) at the University of Chicago from March 11-June 3. It is based on a nationally representative random sample of 1,521 Hispanic adults. Data were gathered via mail, the Internet and telephone. The majority of interviews were completed via mail [...]

Read More

Sony Rebounds To Profit In April-June Quarter

TOKYO (AP) — Sony returned to profit in the April-June quarter and raised its full year earnings forecast amid higher sales of its PlayStation gaming consoles, personal computers and televisions. The Tokyo-based electronics and entertainment giant is reporting a profit of 25.7 billion yen — or $294 million at current exchange rates — for the period, [...]

Read More

AP-Univision Poll: College Dreams For Hispanics

WASHINGTON (AP) — More than 10 years have passed since she gave up her pursuit of a degree in computer science, but Yajahira Deaza still has regrets. She says she feels incomplete. She now works in customer service for a major New York bank, and her experience reflects the findings of an Associated Press-Univision poll that [...]

Read More

Sony Returns To Profit With Earnings Of $294 Million In April-June Quarter, AS

TOKYO (AP) — Sony returns to profit with earnings of $294 million in April-June quarter

Read More

Rain Slows Search For Dead In Pakistan Plane Crash

ISLAMABAD (AP) — Emergency teams battled heavy rains and mud Thursday to recover bodies strewn over hills overlooking the Pakistani capital following the country's worst-ever plane crash. Authorities speculated that monsoon weather the day before may have been a factor in the crash of the Airblue flight from Karachi to Islamabad. The plane was apparently off [...]

Read More

Germany’s Merck Sees 2Q Profit Rise 69 Percent

BERLIN (AP) — German drug and chemical maker Merck KGaA says its second-quarter earnings were up 69 percent — led higher by strong increases in revenue at its liquid crystals and chemicals businesses. Merck said Thursday it earned euro183.4 million ($238 million) in the April-June period, compared with euro108.5 million a year earlier. Total revenues were up [...]

Read More

Siemens 3Q Earnings Up 9 Percent

BERLIN (AP) — Industrial conglomerate Siemens AG says its net earnings were up 9 percent in its fiscal third quarter as new orders rose strongly and revenue increased. Siemens said Thursday that it earned nearly euro1.44 billion ($1.9 billion) in the April-June period, up from euro1.32 billion a year earlier. Orders were up 22 percent at euro20.87 [...]

Read More

Hyundai Motor 2Q Net Profit Soars To Record $1.2B

SEOUL, South Korea (AP) — Hyundai Motor Co.'s second-quarter net profit soared 71 percent to a record high as both sales revenue and volume rose. Hyundai, South Korea's biggest automaker, earned 1.39 trillion won ($1.2 billion) in the three months ended June 30, the company said in a regulatory filing. It earned 811.9 billion won the [...]

Read More

Oil Hovers Near $77 On US Economy, Crude Demand

SINGAPORE (AP) — Oil prices hovered near $77 barrel Thursday in Asia amid signs of a slowing U.S. economy and weak demand for crude. Benchmark crude for September delivery was up 16 cents at $77.15 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract fell 51 cents to [...]

Read More

Man Dies In Skydiving Mishap In Montana

HELENA, Mont. (AP) — A man attending a skydiving festival in the northwestern Montana town of Marion was killed when he plummeted to the ground after his parachute became entangled with another man's. Fred Sand, owner of Skydive Lost Prairie, which hosts the event, says the accident happened late Wednesday afternoon. He declined to release any [...]

Read More

Indian Outsourcer HCL Quarterly Profit Up 6.9 Pct

MUMBAI, India (AP) — Indian outsourcer HCL Technologies Ltd. said quarterly profit grew 6.9 percent in dollar terms, beating expectations on strong global demand for its software services. Profit for the April-June quarter was 3.42 billion rupees ($74 million) and revenue was 34.25 billion rupees ($738 million), up 21.5 percent in dollar terms from the same [...]

Read More

Acupuncture Patient Says She Was Locked In Office

BELLINGHAM, Wash. (AP) — Police in Bellingham, Wash., say an acupuncture patient called 911 for assistance after she says clinic workers apparently forgot about her and locked up the office. Police spokesman Mark Young says the 47-year-old woman told police she still had acupuncture needles in her back Tuesday evening when she decided the clinic had [...]

Read More

Foreclosure Activity Up Across Most US Metro Areas

LOS ANGELES (AP) — Households across a majority of large U.S. cities received more foreclosure warnings in the first six months of this year than in the first half of 2009, new data shows. The trend is the latest sign that the nation's foreclosure crisis is worsening as homeowners battling high unemployment, slow job growth and [...]

Read More

AP Survey: A Bleaker Outlook For Economy Into 2011

WASHINGTON (AP) — The U.S. economic recovery will remain slow deep into next year, held back by shoppers reluctant to spend and employers hesitant to hire, according to an Associated Press survey of leading economists. The latest quarterly AP Economy Survey shows economists have turned gloomier in the past three months. They foresee weaker growth and [...]

Read More

Cargo Plane Crashes At AK Base; No Word On Deaths

ELMENDORF AIR FORCE BASE, Alaska (AP) — A military cargo plane crashed Wednesday at an Air Force base near downtown Anchorage with four people on board, the Air Force said. The conditions of the four were not immediately known, said Air Force Capt. Uriah Orland. When asked if there were deaths, he did not answer. The plane [...]

Read More

Cargo Plane Crashes At Alaska Base; 4 On Board

ELMENDORF AIR FORCE BASE, Alaska (AP) — A military cargo plane crashed Wednesday at an Air Force base near downtown Anchorage with four people on board, the Air Force said. The conditions of the four were not immediately known, said Air Force Capt. Uriah Orland. When asked if there were deaths, he did not answer. The plane [...]

Read More

Cargo Plane Crashes At AK Base; 4 People On Board

ELMENDORF AIR FORCE BASE, Alaska (AP) — The Air Force says a military cargo plane crashed Wednesday with four people on board at Elmendorf Air Force Base in Anchorage. Air Force Capt. Uriah Orland says the conditions of the four on board was not immediately known. When asked if there were deaths, he did not answer. The [...]

Read More

Military Cargo Plane Crashes At Alaska Base

ELMENDORF AIR FORCE BASE, Alaska (AP) — The Alaska National Guard says a military cargo plane has crashed at Elmendorf Air Force Base in Anchorage. Alaska National Guard spokesman Maj. Guy Hayes confirmed the Wednesday evening crash of a C-17. There were no other details immediately available, including whether there were casualties.

Read More

Cargo Plane Crashes At AK Base; No Word On Fatals

ELMENDORF AIR FORCE BASE, Alaska (AP) — The Alaska National Guard says a military cargo plane has crashed at Elmendorf Air Force Base in Anchorage. Alaska National Guard spokesman Maj. Guy Hayes confirmed the Wednesday evening crash of a C-17. No other details were immediately available, including whether there were casualties. Military police refused to comment, and other [...]

Read More

Military Cargo Plane Crashes At Anchorage Base

ELMENDORF AIR FORCE BASE, Alaska (AP) — The Alaska National Guard says a military cargo plane has crashed at Elmendorf Air Force Base in Anchorage. Alaska National Guard spokesman Maj. Guy Hayes confirmed the Wednesday evening crash of a C-17. There were no other details immediately available, including whether there were casualties.

Read More

Alaska National Guard Confirms C17 Crashes At Elmendorf Air Force Base In Anchorage, AK

ELMENDORF AIR FORCE BASE, Alaska (AP) — Alaska National Guard confirms C17 crashes at Elmendorf Air Force Base in Anchorage.

Read More

Report: Easing Of FBI Internet Access Sought

WASHINGTON (AP) — The Obama administration reportedly wants to make it easier for the FBI to obtain records on individual Internet activities without first obtaining a court order when it involves terrorism or intelligence investigations. The Washington Post reported on its website Wednesday night that the administration wants to add to the list of items that [...]

Read More

AP Top News At 11:10 P.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

Family Of Victims Sues Over Marine Jet Crash In SD

SAN DIEGO (AP) — The family of four people killed in the crash of a Marine Corps jet in a San Diego County neighborhood two years ago sued the federal government and Boeing Wednesday. The lawsuit was filed in U.S. District Court by Dong Yun Yoon, whose wife, two daughters and mother-in-law were killed in the [...]

Read More

Pensions Withheld For 3 Calif. Administrators

BELL, Calif. (AP) — California pensions will be withheld for three former Bell administrators until the state attorney general determines whether the city broke any laws in paying them outsized salaries. Pat Macht of the state's public employee retirement agency said Wednesday that pension applications will be denied for former City Administrative Officer Robert Rizzo, Police [...]

Read More

TechBits Package

LAS VEGAS (AP) — Your smart phone applications are watching you — much more closely than you might like. Lookout Inc., a mobile-phone security firm, scanned nearly 300,000 free applications for Apple Inc.'s iPhone and phones built around Google Inc.'s Android software. It found that many of them secretly pull sensitive data off users' phones and [...]

Read More

AP Top News At 12:45 A.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

AP Top News At 12:37 A.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

AP Top News At 12:41 A.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

AP Top News At 10:51 P.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

AP Top News At 10:54 P.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

AP Top News At 10:40 P.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

Amazon CEO Hopes New Kindles Stoke Sales

SEATTLE (AP) — Jeff Bezos isn't just confident you'll want a Kindle e-book reader. The CEO of Amazon.com is bracing for a future in which you'll also want ones for your kid heading to college, your spouse in a book club and perhaps even Grandpa. And despite increased competition from Apple Inc.'s flashy iPad and other [...]

Read More

Amazon Hopes New Kindles Stoke Sales

SEATTLE (AP) — Amazon.com hopes to entice consumers with a new smaller, lighter version of its Kindle e-reader, which can wirelessly download e-books over 3G cellular networks, and a cheaper Wi-Fi-only version. Amazon says that it will start shipping the latest Kindle to customers on Aug. 27. It is 21 percent smaller than the current Kindle, [...]

Read More

1 Police Officer Killed, 2 Wounded In Phoenix

PHOENIX (AP) — Authorities say one of three police officers shot during an undercover operation in south Phoenix has died. Police say another Chandler police officer is in critical condition at a Phoenix hospital, and the third wounded officer is in stable condition. Their names haven't been released. Authorities say the shooting happened Wednesday evening during undercover [...]

Read More

3 Officers Shot, Wounded In Ariz.; Suspect Killed

PHOENIX (AP) — Authorities say three police officers have been shot and wounded, and one suspect killed, during an undercover operation in suburban Phoenix. At least one of the Chandler officers is reported to be seriously injured. Investigators say one suspect died at the scene. Police have blocked off the area and are searching for another possible [...]

Read More

3 Police Officers Shot, Wounded In South Phoenix

PHOENIX (AP) — Authorities say three police officers have been shot and wounded in south Phoenix. Authorities say they're searching for a suspect who fled the scene Wednesday evening. Details are sketchy at this time, and authorities didn't immediately release any other information. Video from television news helicopters showed the officers being taken out of a home on [...]

Read More

Details Of Ruling In Immigration Law Challenge

U.S. District Judge Susan Bolton blocked the most controversial portions of Arizona's new law from taking effect on Thursday. Here are the portions that Bolton put on hold: — A requirement that police, while enforcing other laws, question people's immigration status if officers have reasonable suspicion they're in the country illegally. — A requirement that authorities verify the [...]

Read More

Japan Retail Sales Up 3.2 Percent In June

TOKYO (AP) — Japan's retail sales in June rose for the sixth straight month, but the pace of growth is slowing. The government said Thursday that June retail sales climbed 3.2 percent from a year earlier. While the June result was in line with economists' projection, the pace of growth was slower than March and April [...]

Read More

Avis Makes $1.33B Bid For Dollar Thrifty

PARSIPPANY, N.J. (AP) — Avis Budget Group Inc. says it has offered $1.33 billion in cash and stock for rival rental-car operator Dollar Thrifty Automotive Group Inc. The bid is an effort to trump Hertz Global Holdings Inc., which in April said was buying Dollar Thrifty for about $1.17 billion in cash and stock. Avis Budget's bid [...]

Read More

AK Pipeline Operator Lists Causes Of May Oil Spill

JUNEAU, Alaska (AP) — The operator of the 800-mile trans-Alaska pipeline system says an internal review has found that a power failure and lack of "situational awareness" contributed to a roughly 4,500-barrel contained oil spill in May. Michelle Egan, a spokeswoman for Alyeska Pipeline Service Co., says the company isn't releasing the report because it wants [...]

Read More

AP Source: Intelligence Nominee Has Smooth Session

WASHINGTON (AP) — President Barack Obama's nominee to be chief of U.S. intelligence, James R. Clapper, is expected to be approved by the Senate Intelligence Committee when the panel meets Thursday. The director of national intelligence oversees the nation's 16 spy agencies. Clapper met privately Wednesday with Republican and Democratic lawmakers. A senior congressional staffer says that [...]

Read More

Asian Shares Down On New Signs US Economy Slowing

TOKYO (AP) — Most Asian markets retreated Thursday after fresh evidence of slower U.S. growth blunted appetite for riskier assets like stocks. The latest sign of sluggishness in the world's No. 1 economy came from the Federal Reserve's regional survey, a report known as the "beige book." The Fed said economic growth in the U.S. has [...]

Read More

Asian Shares Down After Wall Street Loses Ground

TOKYO (AP) — Asian stocks retreated in early trading Thursday after disappointing news about the U.S. economy sent Wall Street lower. Japan's Nikkei 225 stock average fell 0.7 percent to 9,690.02, following a 2.7 percent jump the previous day. South Korea's Kospi slipped 0.1 percent to 1,771.78, and the S&P/ASX 200 in Australia lost 0.4 percent to [...]

Read More

Ark. Medical Board Head Testifies At Bombing Trial

LITTLE ROCK, Ark. (AP) — The Arkansas Medical Board chairman, his face scarred and embedded with bits of tire, testified Wednesday that he lost an eye, his sense of smell, teeth and some hearing when a bomb went off in his driveway. Dr. Trent Pierce testified against Dr. Randeep Mann, who prosecutors say planned the attack [...]

Read More

Idaho Fires Threaten Homes As Wind Fans Flames

BOISE, Idaho (AP) — Three homes burned and dozens of others were evacuated Wednesday as a wind-whipped grassfire northwest of Idaho's capital city expanded to thousands of acres and threatened rural subdivisions. No injuries were reported. Firefighting planes, water bucket-wielding helicopters and about 50 fire trucks, engines, water tenders, brush rigs and bulldozers were dispatched to [...]

Read More

AP Top News At 2:00 A.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

AP Top News At 10:38 P.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

AP Top News At 7:05 P.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

Crews Take Step Toward Readying Permanent Well Fix

NEW ORLEANS (AP) — Crews have taken another step toward readying the relief well expected to finally kill the Gulf of Mexico oil gusher. Federal officials said Wednesday they've removed the plug they had popped in before clearing the area ahead of Tropical Storm Bonnie last week. They also say a temporary cap on the busted well [...]

Read More

Citrix 2Q Profit Climbs; Forecast Boosts Shares

SANTA CLARA, Calif. (AP) — Citrix Systems Inc. reported a 12 percent jump in second-quarter earnings Wednesday, helped by a 17 percent rise in sales. The company's profit missed Wall Street expectations, but a stronger-than-expected forecast for this quarter and the full year helped boost Citrix shares in extended trading. The company, which provides software and equipment [...]

Read More

Giants’ Wilson Fined For Wearing Orange Cleats

SAN FRANCISCO (AP) — San Francisco Giants closer Brian Wilson has been fined by major league baseball for wearing orange cleats during Tuesday's 6-4 win over the Florida Marlins. The shoes, a gift from Nike presented to Wilson at the All-Star game, apparently violated the league's dress code. It was the first time Wilson has worn [...]

Read More

Calls For Rangel To Quit Could Escalate If No Deal

WASHINGTON (AP) — The calls from fellow Democrats for New York Rep. Charles Rangel to resign could quickly turn from a trickle to a flood unless he can quickly negotiate a plea bargain to prevent a congressional trial on allegations of ethical misconduct. With elections nearing, fellow Democrats don't relish the spectacle of that trial. Thursday is [...]

Read More

3 Dead In Crash Of Medical Helicopter In Tucson

TUCSON, Ariz. (AP) — A medical helicopter crashed on a Tucson street and burst into flames Wednesday, killing all three people aboard. A witness said the pilot steered the plummeting chopper away from a house. Witnesses told The Arizona Daily Star the helicopter crashed into a fence in front of the house on Park Avenue just [...]

Read More

1 Dead, 2 Injured In Tucson Helicopter Crash

TUCSON, Ariz. (AP) — A medical helicopter crashed on a Tucson street and burst into flames Wednesday, killing one person and injuring two others. A witness said the pilot steered the plummeting chopper away from a house. Witnesses told The Arizona Daily Star the helicopter crashed into a fence in front of the house on Park [...]

Read More

Key Republican Calls Kagan A ‘dangerous’ Nominee

WASHINGTON (AP) — Supreme Court nominee Elena Kagan picked up more GOP backing Wednesday in her drive toward near-certain confirmation next week, even as a top Republican lashed out at her as "dangerous." Sen. Jeff Sessions of Alabama, the senior Republican on the Judiciary Committee, warned senators in unusually dire terms against voting for President Barack [...]

Read More

Kids In Closet Foil Teen Burglars In Suburban LA

FONTANA, Calif. (AP) — An emergency call from 11-year-old twins has helped police nab four intruders who broke into their home as they hid in a closet in suburban Los Angeles. Fontana police Sgt. Billy Green says officers arrived within minutes of Tuesday's midday call and arrested four teenagers. Green says the suspects thought the house was [...]

Read More

Akamai Picks Digital Ad Veteran As Next President

CAMBRIDGE, Mass. (AP) — Akamai Technologies Inc., which makes Web traffic management technology, said Wednesday that David W. Kenny will take the job as company president starting Sept. 7. Currently, CEO Paul Sagan is also Akamai's president. Kenny, 48, has been member of Akamai's board since 2007. He was most recently managing partner of VivaKi, part of the [...]

Read More

Vistaprint Fiscal 4Q Net Income Sinks 21 Percent

SEATTLE (AP) — Vistaprint NV, which sells business cards, calendars, stickers and other items, said Wednesday its fiscal fourth-quarter net income sank 21 percent on higher costs. The company also issued guidance below analyst estimates, and its shares plunged in aftermarket activity. For the quarter ended June 30, Vistaprint's net income declined to $11.7 million, or 26 [...]

Read More

For Veterans Bill, Republicans Put Budget Ax Aside

WASHINGTON (AP) — House Republicans who have spent months demanding spending cuts blanched Wednesday at their first opportunity to actually make them, instead joining Democrats in treating a bill to pay for veterans programs in 2011 as politically sacrosanct in an election year. The veterans measure is the first of a dozen spending bills for the [...]

Read More

EPA Reviewing Air Pollution Rules For Oil, Gas

DENVER (AP) — Federal air pollution standards for the oil and gas industry are sorely outdated amid ramped up drilling, leaving thousands of emissions sources "under the radar," citizens groups said Wednesday. The Environmental Protection Agency is reconsidering air pollution rules for oil and gas operations as part of a settlement with WildEarth Guardians and the [...]

Read More

Summary Box: Visa’s 3Q Profit Dips 2 Percent

THE RESULTS: Payments processor Visa Inc. reported a 2 percent decline in net income for its fiscal third quarter, hurt by a sharp drop in investment income, but it posted higher operating income and maintained a strong forecast for its fiscal year. THE REASONS: Operating income rose 38 percent to $1.14 billion, from $822 million last [...]

Read More

On The Call: Aetna President Mark Bertolini

Many employers will hold open enrollment later this year for the health care benefits plans they'll offer their employees next year. Goldman Sachs analyst Matthew Borsch asked Aetna leaders on Wednesday how sales were shaping up for national accounts, which typically involve large employers that provide their own insurance and pay insurers to administer the [...]

Read More

Symantec Fiscal 1Q Net Income More Than Doubles

MOUNTAIN VIEW, Calif. (AP) — Symantec Corp. said Wednesday that its fiscal first-quarter net income more than doubled, but revenue missed Wall Street's expectations in part because corporate customers were still cautious about spending on technology. Symantec also projected fiscal second-quarter results below analyst estimates, and investors sent shares of the security software maker down in [...]

Read More

Bunker-busting ATM Attacks Show Security Holes

LAS VEGAS (AP) — A hacker has discovered a way to force ATMs to disgorge their cash by hijacking the computers inside them. The attacks demonstrated Wednesday targeted standalone ATMs. But they could potentially be used against the ATMs operated by mainstream banks. Criminals have long known that ATMs aren't tamperproof. There are many types of attacks in [...]

Read More

Chelsea’s Future Father-in-law: A Proud Papa

RHINEBECK, N.Y. (AP) — Chelsea Clinton's future father-in-law says he's grateful to be a part of his son's wedding. Ed Mezvinsky, the former Iowa congressman who was convicted of fraud and sentenced to seven years in prison, told CBS' "Inside Edition" that he's a "proud papa." His son, investment banker Marc Mezvinsky, is marrying the daughter of [...]

Read More

Stocks Fall After Fed Report On Regional Economy

THE FED CONFIRMS INVESTORS' VIEW: The Federal Reserve's "beige book," its report on the economy region by region, showed that the recovery is slowing in some parts of the country. That confirmed how investors see the economy, and that sent stocks falling. MANUFACTURING GROWTH SLOWS: The Fed reported manufacturing slowed or leveled off in some parts. [...]

Read More

American Airlines To Pay $5m In Freight Case

DALLAS (AP) — American Airlines has agreed to pay $5 million and provide evidence against other airlines to settle a class-action lawsuit brought by freight shippers who were victims of a price-fixing cartel. A lawyer for the shippers, Michael Hausfeld, said Wednesday that American was the first airline to agree to help the shippers conduct other [...]

Read More

Calif. Jury: Yamaha Not At Fault In Off-road Crash

SANTA ANA, Calif. (AP) — A California jury says Yamaha Motor Corp. USA is not liable for injuries a man suffered when he crashed in one of the company's off-road vehicles. The case was the first to go to trial among more than 170 lawsuits filed in California over the company's Rhino brand of vehicles. The [...]

Read More

Husband Charged In Ohio Marriage Counselor’s Death

CLEVELAND (AP) — Police say an Ohio marriage counselor's husband has been charged with aggravated murder in her stabbing death. Police spokeswoman Nancy Dominik says 38-year-old Maurice Lyons was charged Wednesday. Lyons was arrested by police on Monday, a day after his wife, 42-year-old Tonya Hunter, was found stabbed to death in her garage. Hunter's 4-year-old [...]

Read More

Review: Hulu Plus Takes Television To Your Pocket, 1st Ld-Writethru, US

NEW YORK (AP) — Hulu, the popular website with TV shows, now comes as a subscription-based application for iPhones and iPads. Although it isn't perfect, it works well enough that it may make you wonder if the TV's reign as the center of family life is coming to an end. Instead of gathering to turn our [...]

Read More

How The Major Stock Indexes Fared On Wednesday

Investors cashed in some of their recent gains Wednesday after the Federal Reserve gave them more confirmation that the economic recovery is slowing. The Dow Jones industrial average fell almost 40 points after the Fed released its regional survey of the economy, a report known as the "beige book." The Dow Jones industrial average fell 39.81, [...]

Read More

ICG Reports Lower Q2 Profit Due To One-time Costs

CHARLESTON, W.Va. (AP) — International Coal Group says second-quarter net income fell nearly 57 percent due to the cost of ending a supply contract early and refinancing debt. ICG says it earned $4.5 million, or 2 cents per share, in the period. ICG earned $10.4 million, or 7 cents per share, in second-quarter 2009. The numbers announced [...]

Read More

Treasury Says Latest Mortgage-aid Report Flawed

WASHINGTON (AP) — The Obama administration is revising the latest report on its troubled mortgage-relief program, and the changes are likely to show a greater number of borrowers facing foreclosure after having their loans modified. The Treasury Department says mortgage company Fannie Mae, which helps run the program, provided inaccurate information about borrowers who restructured their [...]

Read More

Documents Detail Search For Captive Idaho Soldier

BOISE, Idaho (AP) — In the minutes after Pfc. Bowe Bergdahl was reported missing last June, his U.S. Army comrades in southern Afghanistan began searching bunkers, latrines, vehicles, even Afghan National Police posts in a nearby settlement. About five hours later, search dogs were on the ground. Meanwhile, radio operators were already intercepting messages indicating the worst: [...]

Read More

Summary Box: Wheat Jumps On Production Worries

WHEAT HEAT: Hot, dry weather in Russia is endangering production of the crop there and could cut into global supply. 2010 HIGH: Concerns about production in Russia pushed wheat to its highest price since June 2009. September wheat rose 3.5 percent Wednesday. ALONG FOR THE RIDE: The jump in wheat prices buoyed corn and soybean prices as [...]

Read More

AP Top News At 7:36 P.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

AP Top News At 6:39 P.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

AP Top News At 4:55 P.m. EDT

PHOENIX (AP) — A federal judge dealt a serious rebuke to Arizona's toughest-in-the-nation immigration law on Wednesday when she put most of the crackdown on hold just hours before it was to take effect. The ruling by U.S. District Judge Susan Bolton shifts the immigration debate to the courts and sets up a lengthy legal [...]

Read More

AP Top News At 4:35 P.m. EDT

PHOENIX (AP) — A federal judge dealt a serious rebuke to Arizona's toughest-in-the-nation immigration law on Wednesday when she put most of the crackdown on hold just hours before it was to take effect. The ruling by U.S. District Judge Susan Bolton shifts the immigration debate to the courts and sets up a lengthy legal [...]

Read More

Plaintiffs: NYC Settlement Of 50-shot Case Is Fair

NEW YORK (AP) — The fiancee of an unarmed man killed by police in 50-bullet barrage and a friend who survived the shooting said Wednesday that a settlement with New York City that topped $7 million was fair but not cause for celebration. "Nobody wins in this," a somber Joseph Guzman — who was shot 17 [...]

Read More

Mortgage Lenders Must Register In Database

WASHINGTON (AP) — Loan officers at banks will be required to provide their names and fingerprints to a national database as part of an effort to crack down on shady operators who fed the real estate bubble. The new requirements were mandated by a bill passed by Congress two years ago. Federal bank regulators approved them [...]

Read More

Haynesworth Must Pass Test, Won’t Be With Starters

ASHBURN, Va. (AP) — Albert Haynesworth finally showed up for work — and quickly learned the Washington Redskins won't be cutting him any slack. On the eve of the first day of training camp, Haynesworth ended his months-long boycott of the team by meeting Wednesday morning with coach Mike Shanahan. Hardly sympathetic to the plight of [...]

Read More

AP Top News At 10:06 P.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

AP Top News At 9:55 P.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

AP Top News At 9:42 P.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

AP Top News At 9:24 P.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

AP Top News At 8:49 P.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

AP Top News At 8:37 P.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

AP Top News At 8:26 P.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

AP Top News At 7:35 P.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

AP Top News At 6:50 P.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

AP Top News At 6:27 P.m. EDT

PHOENIX (AP) — A federal judge stepped into the fight over Arizona's immigration law at the last minute Wednesday, blocking the heart of the measure and defusing a confrontation between police and thousands of activists that had been building for months. Coming just hours before the law was to take effect, the ruling isn't the [...]

Read More

AP Top News At 5:49 P.m. EDT

PHOENIX (AP) — A federal judge dealt a serious rebuke to Arizona's toughest-in-the-nation immigration law on Wednesday when she put most of the crackdown on hold just hours before it was to take effect. The ruling by U.S. District Judge Susan Bolton shifts the immigration debate to the courts and sets up a lengthy legal [...]

Read More

AP Top News At 5:35 P.m. EDT

PHOENIX (AP) — A federal judge dealt a serious rebuke to Arizona's toughest-in-the-nation immigration law on Wednesday when she put most of the crackdown on hold just hours before it was to take effect. The ruling by U.S. District Judge Susan Bolton shifts the immigration debate to the courts and sets up a lengthy legal [...]

Read More

AP Top News At 5:23 P.m. EDT

PHOENIX (AP) — A federal judge dealt a serious rebuke to Arizona's toughest-in-the-nation immigration law on Wednesday when she put most of the crackdown on hold just hours before it was to take effect. The ruling by U.S. District Judge Susan Bolton shifts the immigration debate to the courts and sets up a lengthy legal [...]

Read More

AP Top News At 4:25 P.m. EDT

PHOENIX (AP) — A federal judge dealt a serious rebuke to Arizona's toughest-in-the-nation immigration law on Wednesday when she put most of the crackdown on hold just hours before it was to take effect. The ruling by U.S. District Judge Susan Bolton shifts the immigration debate to the courts and sets up a lengthy legal [...]

Read More

UCLA Launches Experimental Hand Transplant Program

LOS ANGELES (AP) — UCLA is launching a hand transplant program and is seeking amputees to undergo the rare experimental procedure. The program announced this week will involve clinical trials to study transplant techniques. It's only the fourth such program in the United States. Officials at the University of California, Los Angeles say the program could help [...]

Read More

Build Empower Create