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Headlines From The Associated Press

  • Asian stocks mostly higher following US lead
    MANILA, Philippines (AP) -- Asian stocks were mostly up Tuesday after U.S. stock indexes moved solidly higher, recovering some of last week's steep declines....
  • Lights out: Philips to launch IPO for lighting division
    THE HAGUE, Netherlands (AP) -- Royal Philips NV says it is spinning off its iconic lighting division in an initial public offering so it can focus on its future as a health technology provider....
  • Who created bitcoin? The long search may not be over
    SAN FRANCISCO (AP) -- Who is Satoshi Nakamoto? For many in the tech world, the identity of bitcoin's elusive creator has been a long-running parlor game. And the speculation might not be over....
  • Bitcoin's creator unmasks himself _ well, maybe
    LOS ANGELES (AP) -- The mystery creator of the digital currency bitcoin has finally stepped forward. Or has he?...
  • AP EXPLAINS: What is bitcoin? A look at the digital currency
    NEW YORK (AP) -- Bitcoin is a type of digital currency that allows people to buy goods and services and exchange money without involving banks, credit card issuers or other third parties. Its origins have long been a mystery - though an Australian man long rumored to have ties to bitcoin has come forward claiming to be its creator....
  • HSBC profit lower in volatile market
    BEIJING (AP) -- HSBC Holdings PLC says its latest quarterly profit fell 18 percent from a year earlier due to global market volatility....
  • Puerto Rico skips bond payments, says Congress must help
    SAN JUAN, Puerto Rico (AP) -- A spiraling Puerto Rico debt crisis reached a new milestone as the island missed nearly $370 million on a bond payment Monday and officials warned of worse to come if the U.S. Congress doesn't help it dig out from a mountain of debt....
  • Halliburton, Baker Hughes eye future after merger scuttled
    DALLAS (AP) -- Halliburton and Baker Hughes, whose planned merger is the latest big deal to be shot down by antitrust regulators, now must pick up the pieces and shore up their companies during a severe slump in oil and gas drilling....
  • Survey: China manufacturing slowed in April
    BEIJING (AP) -- Chinese manufacturing activity weakened further in April despite government stimulus, a survey showed Tuesday, indicating the economy has yet to rebound from a downturn....
  • Q&A: Puerto Rico's debt crisis, what it means for muni bonds
    NEW YORK (AP) -- Puerto Rico's worsening debt crisis is dimming the economic outlook for the U.S. territory and putting pressure on Congress to help resolve the situation but it is having little effect on the market for municipal bonds and most investors....

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