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Updated: 38 min 16 sec ago

Bailout Talks Between Greece, Creditors Delayed: Reports

Fri, 07/24/2015 - 7:47am
Greece and its creditors had been getting ready Friday to open talks to complete a bailout deal, but the talks have been delayed, according to multiple reports.
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Biogen's Stock Tumbles After Sales Missed Expectations, Outlook Cut

Fri, 07/24/2015 - 7:45am
Biogen Inc.'s stock tumbled 9.1% in premarket trade Friday, after the biotechnology company beat second-quarter profit expectations, but missed on sales and lowered its full-year outlook.
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Flight disruptions at LaGuardia Airport Terminal C due to power outage

Fri, 07/24/2015 - 7:41am
Authorities say a power outage at LaGuardia Airport's Terminal C is causing flight disruptions.
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Greece to start talks with creditors for new bailout after technical issues sorted out

Fri, 07/24/2015 - 7:31am
High-level talks between Greece and its European creditors on a third bailout for the cash-strapped country have been delayed until logistical matters are sorted out.
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Report: AT&T Clears Final Hurdle for DirecTV Buy

Fri, 07/24/2015 - 7:31am
AT&T proposed $48.5 billion purchase of DirecTV cleared its final regulatory hurdle as the U.S. Federal Communications Commission voted on Thursday to approve the merger, according to people familiar with the votes.
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Biogen Idec tops 2Q earnings expectations, misses revenue forecasts

Fri, 07/24/2015 - 7:30am
Biogen Idec Inc. (BIIB) on Friday reported second-quarter profit of $927.3 million.
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SEPTA vendor for papal passes gets $500K a year; the site crashed within minutes of launching

Fri, 07/24/2015 - 7:28am
Philadelphia's mass transit system is paying $500,000 a year for a company to build a site to sell special transit passes for Pope Francis' September visit.
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Gold Hits 5-1/2 Year Low, Set for Worst Week Since October

Fri, 07/24/2015 - 7:24am
Gold slid more than 1 percent on Friday to its lowest since early 2010 as fresh strength in the dollar prompted another wave of selling, putting the metal on course for its biggest weekly loss in nine months.
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American Airlines tops 2Q profit expectations, misses revenue forecasts

Fri, 07/24/2015 - 7:22am
American Airlines Group Inc. (AAL) on Friday reported second-quarter net income of $1.7 billion.
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Sales of new US homes likely increased 0.5 percent in June

Fri, 07/24/2015 - 6:40am
The Commerce Department reports on sales of new homes in June at 10 a.m. Eastern Friday.
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Anthem to buy Cigna in $54.2 billion deal that would create largest US health insurer

Fri, 07/24/2015 - 6:18am
Anthem is buying rival Cigna in a deal valued at $54.2 billion that will create the nation's largest health insurer by enrollment, covering about 53 million patients in the U.S.
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Re-trial date to be set next week for ex-BP engineer in Gulf oil spill probe

Fri, 07/24/2015 - 5:12am
A former BP engineer who won a new trial in a criminal case arising from the 2010 Gulf of Mexico oil spill is expected to learn the date of that trial next week.
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European Medicines Agency recommends first-ever license for a malaria vaccine

Fri, 07/24/2015 - 5:02am
The European Medicines Agency is recommending that the world's leading malaria vaccine be licensed even though it is only about 30 percent effective and that protection fades over time.
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Clinton to urge corporations to break free from 'tyranny' of earnings reports

Fri, 07/24/2015 - 3:14am
Hillary Rodham Clinton is unveiling a series of proposals to shift the mindset of corporate America from "quarterly capitalism" to a more long-term approach to the economy.
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Report: Japanese automaker Mitsubishi Motors to stop building vehicles in the US

Fri, 07/24/2015 - 2:43am
Japanese media reports say automaker Mitsubishi Motors has decided to end production in the U.S. to focus on Asian markets.
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Stretch of Interstate 10 in California reopening after flash flood damaged bridges

Fri, 07/24/2015 - 2:10am
Construction crews have been laboring around the clock to partially reopen about 50 miles of Interstate 10 through the California desert that was closed when flash flooding damaged several bridges.
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Asian stock markets down as China manufacturing weakens, US earnings disappoint

Fri, 07/24/2015 - 2:02am
Asian stock markets were rattled Friday by cautious earnings outlooks from U.S. companies and a further deterioration in Chinese manufacturing.
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God and cheesecake: Nuns bake high-end cheesecakes to help support monastery

Fri, 07/24/2015 - 1:24am
In the midst of quiet lives of prayer, a handful of nuns have sliced out a niche as bakers of high-end cheesecakes, so rich and creamy in flavors of chocolate, amaretto and key lime that they seem downright sinful.
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Trade deal ends tariffs on more than 200 tech products _ from chips to video game consoles

Fri, 07/24/2015 - 12:05am
Dozens of countries have agreed to abolish duties on more than 200 technology products — from advanced computer chips to GPS devices, printer cartridges and video-game consoles.
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Survey: China manufacturing activity slumps to 15-month low, in fresh sign of weakness

Fri, 07/24/2015 - 12:04am
China's manufacturing slumped to a 15-month low in July in a fresh sign of deterioration in the world's second biggest economy, a survey showed Friday.
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