Economy

American Airlines tries to catch up on flights
American Airlines played catch-up Wednesday, resuming most flights and even adding a handful that were not on the schedule to help passengers stranded ...
EBay grows 1Q earnings but outlook falls short
EBay's high-flying stock price declined in after-hours trading Wednesday after the e-commerce bellwether's outlook for the current quarter fell below ...
American Express' 1Q profit up as spending rises
American Express said Wednesday that its net income edged up 2 percent in the first quarter, as increased spending by cardholders helped boost revenue ...
Mattel 1Q profit rises, Monster High sales climb
Move over Barbie. Mattel said Wednesday its first-quarter net income more than quadrupled helped by strong sales of dolls like Monster High, Disney ...
Stocks fall on signs of slowing global economy
Stocks fell sharply Wednesday for the second time this week as investors continued to worry about how much the global economy is slowing.
Lew calls on Europe to pursue pro-growth policies
Treasury Secretary Jacob Lew called on European leaders to pursue pro-growth policies in the short term rather than trim their budget deficits, noting ...
Oil slide continues, falls below $87 a barrel
Oil dove again Wednesday, the latest in a series of declines that has pushed the price down by $10 a barrel over two weeks. This time, it was an ...
Fairway's stock has strong trading debut
Shares of Fairway had a strong trading debut Wednesday, as the popular New York grocery store chain outlined plans to expand its footprint.
Number of new companies fell with unemployment
Fewer people are starting small businesses now that the job market is looking better. The number of companies started in 2012 fell along with the ...
European car sales plummet, even in solid Germany
Europe's auto market is in freefall. Once the motor for Europe's economy, the car industry has fallen victim to the region's widening recession and ...
BofA closes one mortgage lawsuit, another lingers
As soon as Bank of America puts one mortgage-related lawsuit behind it, another always seems to rear its head. The bank announced Wednesday that it ...
Fed survey: Housing and auto sales lift US economy
A strengthening housing recovery and robust auto sales contributed to moderate economic growth across the United States in late February and March, ...
Greece: Former finance minister granted bail
A former Greek finance minister has been granted bail of €50,000 ($66,000) after testifying before a public prosecutor investigating allegations that ...
Deal approved in Muslims' suit against McDonald's
A judge on Wednesday finalized a $700,000 settlement between McDonald's Corp. and members of Michigan's Muslim community over claims a suburban ...
Russian opposition leader's trial adjourned
The embezzlement trial of a Russian opposition leader was adjourned for a week shortly after it started Wednesday in a northwestern city besieged by ...
Google mail and other services 'disrupted'
Google's mail and application services were unavailable to some users Wednesday morning. The company said it was investigating the problems, but ...
Correction: Thermo Fisher-Life Technologies story
In an April 15 story about Thermo Fisher Inc.'s plan to buy Life Technologies Corp., The Associated Press misidentified the gender of Morningstar ...
EU lawmaker: Cyprus must reunify, spur Turkey ties
A prominent European lawmaker scolded Cyprus' bailout creditors Wednesday for failing to insist on the ethnically split country's reunification.
C. African Republic rebels refuge at swank hotel
Rebel fighters in Central African Republic seized the presidential palace when they overtook the capital in March, though when it came to setting up ...
Tesco prepares US exit with sale of Fresh & Easy
Tesco, Britain's largest retailer by sales, is to pull out of the U.S., selling off its lossmaking Fresh & Easy supermarket chain after it failed to ...
Samsung Galaxy S 4 sales start next week in US
U.S. wireless carriers have started revealing prices for Samsung's new flagship phone, the Galaxy S 4, which goes on sale starting next week. AT&T Inc
Dubai adds Ferrari to police bling patrol
Seems Dubai police have a thing for Italian speed: They're making preparations to have a nearly $250,000 Ferrari join an even pricier Lamborghini as ...
Opel: German plant to end production by end 2014
General Motors' loss-making Opel division has confirmed it plans to end production at a plant in Germany by the end of 2014. Adam Opel AG said ...