Financial News from AP

  • Software glitch can cause iPhones to crash Associated Press - 13 minutes ago
    Software glitch can cause iPhones to crash

    A newly-discovered glitch in Apple's software can cause iPhones to mysteriously shut down when they receive a certain text message. Apple says it's aware of the problem and is working on a fix. But some ...

  • AP sources: IRS believes identity thieves from Russia Associated Press - 13 minutes ago
    AP sources: IRS believes identity thieves from Russia

    IRS investigators believe the identity thieves who stole the personal tax information of more than 100,000 taxpayers from an IRS website are part of a sophisticated criminal operation based in Russia, ...

  • THE LATEST: Former FIFA vice president Warner surrenders Associated Press - 19 minutes ago
    THE LATEST: Former FIFA vice president Warner surrenders

    The Latest on FIFA developments: ___ 11:10 p.m. (2150 GMT, 5:10 p.m., EDT) Former FIFA vice president Jack Warner turned himself in to Trinidad police shortly after they issued an arrest warrant at the ...

  • Exxon shareholders to vote on climate change, fracking Associated Press - 25 minutes ago
    Exxon shareholders to vote on climate change, fracking

    Shareholders of big oil companies overwhelmingly rejected several environmental resolutions including proposals to put climate-change experts on their boards and set goals for greenhouse-gas emissions. ...

  • NYC mayor urges Albany to act on rent rules, schools Associated Press - 28 minutes ago
    NYC mayor urges Albany to act on rent rules, schools

    New York City Mayor Bill de Blasio on Wednesday urged Gov. Andrew Cuomo and state lawmakers to strengthen his city's rent regulations and modify a real estate tax break to require more affordable housing, ...

  • Haley urges senators to pass bill allowing Uber services Associated Press - 29 minutes ago

    Gov. Nikki Haley urged senators Wednesday to pass a bill that would allow Uber to continue operating in South Carolina past this summer. South Carolina risks losing Uber's ride-sharing services entirely ...

  • US high court: California county drug disposal law stands Associated Press - 30 minutes ago

    The U.S. Supreme Court let stand a Northern California county's drug disposal law, paving the way for similar ordinances. The court refused to hear the pharmaceutical industry's challenge to an Alameda ...

  • FCC takes aim at annoying telemarketing calls Associated Press - 30 minutes ago
    FCC takes aim at annoying telemarketing calls

    Those automated phone calls during the dinner hour, late at night or to your wireless phone can be so frustrating โ€” and the government is taking note. The head of the Federal Communications Commission ...

  • Office Depot to pay $3.4 million over faulty chairs Associated Press - 31 minutes ago
    Office Depot to pay $3.4 million over faulty chairs

    Office Depot will pay regulators $3.4 million to settle charges that it did not report defects of two of its office chair models fast enough, even after receiving more than 200 complaints. The U.S. Consumer ...

  • UAW rival at VW represented by 'union avoidance' expert Associated Press - 31 minutes ago

    The rival group to the United Auto Workers union at the Volkswagen plant in Tennessee brands itself as local, independent and free of outside influence or political agenda. But the group called the American ...

  • THE LATEST: NASL suspends chairman after indictment Associated Press - 42 minutes ago
    THE LATEST: NASL suspends chairman after indictment

    The Latest on FIFA developments: ___ 10:30 p.m. (2030 GMT, 4:30 p.m. EDT) The North American Soccer League says it has suspended its chairman along with all business activities with the sports marketing ...

  • Theater gunman's writings alternate between ramblings, plans Associated Press - 45 minutes ago
    Theater gunman's writings alternate between ramblings, plans

    Colorado theater shooting gunman James Holmes' notebook full of scrawled writings and stick-figure drawings was made public Wednesday, a day after it was introduced as evidence in his trial. The writings ...

  • Study reveals flaws in gene testing; results often conflict Associated Press - 49 minutes ago
    Study reveals flaws in gene testing; results often conflict

    The first report from a big public-private project to improve genetic testing reveals it is not as rock solid as many people believe, with flaws that result in some people wrongly advised to worry about ...

  • Stocks of major US airlines end 6-session losing streak Associated Press - 52 minutes ago

    Airline stocks rose Wednesday to break a losing streak caused by investors' concern that cheaper oil has tricked the carriers into growing too quickly. In trading Wednesday, the Arca index of airline stocks ...

  • Tracy Morgan settles suit with Wal-Mart over fatal crash Associated Press - 54 minutes ago
    Tracy Morgan settles suit with Wal-Mart over fatal crash

    Actor-comedian Tracy Morgan has settled his lawsuit against Wal-Mart over a New Jersey highway crash that killed one man and left Morgan and two friends seriously injured. A filing in federal court in ...

  • Planet Fitness threatens to move headquarters over tax laws Associated Press - 55 minutes ago

    Planet Fitness is threatening to move its headquarters out of the state, taking hundreds of jobs with it, if the Legislature doesn't change a tax law ahead of its anticipated initial public offering. The ...

  • NYC approves skyscraper in exchange for transit hub work Associated Press - 55 minutes ago

    City officials cleared the way on Wednesday for construction of a new, 65-story Manhattan skyscraper after the developer made an unusual tradeoff: a promise to make sweeping upgrades to nearby Grand Central ...

  • Ohio House OKs ban on pure caffeine, powdered alcohol sales Associated Press - 59 minutes ago

    A bill banning the sale of pure caffeine products in Ohio cleared the state House on Wednesday, one year after a high school senior overdosed on a powdered form of the stimulant and died. The legislation ...

  • New Mexico regulators delay decision on power plant Associated Press - 59 minutes ago
    New Mexico regulators delay decision on power plant

    New Mexico regulators on Wednesday gave Public Service Co. of New Mexico more time to ink agreements with a mining company, further delaying a decision that will affect the future of a coal-fired power ...

  • Florida coasts have grown, but hurricane damage risk hasn't Associated Press - 59 minutes ago
    Florida coasts have grown, but hurricane damage risk hasn't

    Since eight hurricanes whipped through Florida during back-to-back seasons a decade ago, causing $33 billion in insurance claims, the state's coastal communities have added an additional 1.5 million people ...

  • Hawkins posts 4Q profit Associated Press - 59 minutes ago

    On a per-share basis, the Minneapolis-based company said it had net income of 37 cents. The chemical maker posted revenue of $93.3 million in the period. For the year, the company reported profit of $19.2 ...

  • Semtech misses Street 1Q forecasts Associated Press - 59 minutes ago

    On a per-share basis, the Camarillo, California-based company said it had a loss of less than 1 cent. Earnings, adjusted for one-time gains and costs, came to 27 cents per share. The results did not meet ...

  • THE LATEST: Paraguay receives extradition request for Leoz Associated Press - 1 hour 8 minutes ago
    THE LATEST: Paraguay receives extradition request for Leoz

    The Latest on FIFA developments: ___ 10 p.m. (2000 GMT, 4 p.m. EDT) Paraguay's foreign ministry says it has received an extradition request from the United States for Nicolas Leoz in the FIFA corruption ...

  • Nike says it's cooperating with authorities in FIFA probe Associated Press - 1 hour 10 minutes ago

    Nike says it is cooperating with authorities in the U.S. probe into corruption of FIFA, the governing body of soccer worldwide. On Wednesday U.S. officials charged seven FIFA members with racketeering ...

  • Amerco posts 4Q profit Associated Press - 1 hour 14 minutes ago

    The Reno, Nevada-based company said it had profit of 47 cents per share. Earnings, adjusted for non-recurring costs, came to $2.43 per share. The parent company of the U-Haul vehicle rental service posted ...

  • Rentrak posts 4Q profit Associated Press - 1 hour 14 minutes ago

    On a per-share basis, the Portland, Oregon-based company said it had net income of 10 cents. Earnings, adjusted for one-time gains and costs, came to 24 cents per share. The media measurement and research ...

  • Senate Democrats want NYC's rent rules extended for 2 years Associated Press - 1 hour 15 minutes ago

    Democrats in the state Senate on Wednesday proposed extending New York City's rent regulations for two more years and limiting how much a landlord can increase the rent when a rent-stabilized unit becomes ...

  • Tiffany and Michael Kors are big market movers Associated Press - 1 hour 19 minutes ago

    Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Tiffany & Co., up $9.01 to $94.54 The luxury jeweler reported better-than-expected ...

  • How the Dow Jones industrial average fared on Wednesday Associated Press - 1 hour 20 minutes ago

    Stocks ended higher, recovering the most of their losses from the day before, as Greece appeared closer to resolving its latest debt problems. However, the overall market remains directionless as most ...

  • Hopi Tribe, lawmakers urge US to stop sale of sacred items Associated Press - 1 hour 21 minutes ago

    Hopi tribal leaders and Arizona congressmen are asking the federal government for help in preventing the sale of sacred Hopi items at a Paris auction house in June. The Hopi Tribe views selling the religious ...

  • BNSF plans temporary layoffs with slipping freight demand Associated Press - 1 hour 22 minutes ago

    BNSF Railway Co. says it's planning employee furloughs due to slipping freight shipping demand across its rail network. The company said Wednesday in a statement that it hopes to call back employees "as ...

  • FIFA's commercial partners urged to make their voices heard Associated Press - 1 hour 23 minutes ago
    FIFA's commercial partners urged to make their voices heard

    FIFA's sponsorship paymasters are facing mounting calls to put pressure on soccer's global governing body to clean up its act โ€” and fast โ€” following Wednesday's arrest of seven officials. Companies like ...

  • Popeyes beats 1Q profit forecasts Associated Press - 1 hour 26 minutes ago

    On a per-share basis, the Atlanta-based company said it had profit of 58 cents. The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research ...

  • APNewsBreak: Feds probing powerful union for NYC jail guards Associated Press - 1 hour 29 minutes ago

    Federal investigators are looking into the financial records and other documents of the powerful union representing New York City's 9,000 jail guards, the union's president and its law firm confirmed Wednesday ...

  • US stocks recover from a slump the day before Associated Press - 1 hour 30 minutes ago
    US stocks recover from a slump the day before

    Stocks ended higher Wednesday, recovering the most of their losses from the day before, as Greece appeared closer to resolving its latest debt issues. However, the overall market remains directionless ...