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Updated: 37 min 15 sec ago

Revel lawyer: Casino still wants auction, but must close to stop $1M weekly losses

Mon, 08/18/2014 - 2:46pm
Revel Casino Hotel still hopes to auction off the property but needs to close to stop big losses, a lawyer for the resort said.
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Gold Falls Below $1,300 As Jackson Hole Looms

Mon, 08/18/2014 - 2:01pm
Gold retreated below $1,300 Monday investors turned their attention to the Kansas City Fed's upcoming annual symposium at Jackson Hole, Wyo.
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Treasury Developing Options to Curb Inversions

Mon, 08/18/2014 - 1:34pm
The Treasury Department is preparing options for use by Secretary Jacob Lew to stem the tide of U.S. companies seeking to relocate overseas to avoid paying U.S. taxes.
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Drugmaker Allergan names Hindman to replace Edwards as chief financial officer

Mon, 08/18/2014 - 1:12pm
Botox maker Allergan, which is fighting a hostile takeover bid from Valeant Pharmaceuticals, has named longtime executive Jim Hindman its new chief financial officer.
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Debbie Reynolds to receive Screen Actors Guild Life Achievement Award at January ceremony

Mon, 08/18/2014 - 1:10pm
The Screen Actors Guild is honoring Debbie Reynolds for her professional and humanitarian achievements.
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UK to pay defense firm Raytheon $373M after tribunal award for unlawfully ending contract

Mon, 08/18/2014 - 1:10pm
Britain's government says it will pay some 224 million pounds ($373 million) to defense firm Raytheon Systems Ltd. for unlawfully ending a contract for a program meant to collect information in advance about passengers traveling to and from Britain.
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Analysis: Congress shows it can still do a deal, but it takes dealmakers and they're leaving

Mon, 08/18/2014 - 1:04pm
Washington may be a sea of dysfunction, but the current Congress is offering a few reminders about how a bill becomes a law: compromise.
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Google's Pivotal IPO Launched a Decade of Big Bets

Mon, 08/18/2014 - 12:59pm
Google's IPO, a decade ago this week, launched the company on a trajectory that continues to reshape its business and much of the world in its orbit.
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APNewsBreak: Cianci's sauce promises to help kids, but made no money for charity in 4 years

Mon, 08/18/2014 - 12:49pm
Former Mayor Buddy Cianci's face beams from the label of his Mayor's Own Marinara Sauce, which also promises that sales are "Benefiting Providence School Children" and have helped hundreds of students attend college.
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Woman who unknowingly drank tea laced with industrial cleaner upgraded to serious condition

Mon, 08/18/2014 - 12:40pm
Hospital officials say a woman who unknowingly drank iced tea laced with an industrial cleaning solution at a Utah restaurant is starting to recover.
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Obama administration wants cars that talk to each other, saying they will save lives

Mon, 08/18/2014 - 12:05pm
The Obama administration says it wants to require that future cars and trucks be equipped with technology that enables them to warn each other of potential danger in time to avoid collisions.
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US stocks move higher, following gains in Europe; Family Dollar jumps on new bid

Mon, 08/18/2014 - 11:52am
U.S. stocks are moving higher, following big gains in Europe and the latest moves in corporate dealmaking.
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Heinz recalls four batches of infant food in China

Mon, 08/18/2014 - 11:10am
Ketchup maker H.J. Heinz Co has recalled some infant food in eastern China after it was found to contain lead in excess of the allowable limit, the company said on Monday.
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Massachusetts, New Hampshire governors step in to help negotiations in supermarket family feud

Mon, 08/18/2014 - 11:10am
The governors of Massachusetts and New Hampshire have stepped in to try to broker a deal to end a monthlong standoff at a New England grocery store chain.
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Yields on Irish bonds fall to record lows after credit upgrade, forecasts of solid 2014 growth

Mon, 08/18/2014 - 10:56am
Yields on Ireland's government bonds have fallen to record lows following a ratings upgrade, a stunning turnaround for a country that faced bankruptcy in 2010.
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PriceWaterhouseCoopers to pay $25M, suspended 2 years from new bank consulting in NY case

Mon, 08/18/2014 - 10:55am
PriceWaterhouseCoopers will pay $25 million and face a two-year suspension from consulting for new bank clients in an agreement with New York regulators.
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Grain mixed the CBOT, cattle mixed, pork lower on the CME

Mon, 08/18/2014 - 10:52am
Grain futures were mixed Monday in early trading on the Chicago Board of Trade.
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Community Health says cyberattack snares information from more than 4 million patients

Mon, 08/18/2014 - 10:50am
Hospital operator Community Health Systems says a cyberattack took information on more than 4 million patients from its computer network earlier this year.
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Huge Northeast utility line proposal could reshape power grid, but also threaten renewables

Mon, 08/18/2014 - 10:40am
One of the biggest new electric transmission line proposals in decades is turning into a debate over fracking, renewable energy and the future of an aging energy grid.
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