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Headlines From The Associated Press

  • Commercial jets push Boeing profits up 52 percent
    Increased production of passenger jets helped push up Boeing's profit by 52 percent in the second quarter, topping Wall Street's expectations....
  • Delta 2Q profit rises 17 percent
    ATLANTA (AP) -- Delta Air Lines Inc. said Wednesday that second-quarter earnings rose 17 percent, topping analysts' expectations, as passengers flew more miles at higher average fares and fuel spending declined....
  • US hedge fund files suit against Puerto Rico gov
    SAN JUAN, Puerto Rico (AP) -- The government of Puerto Rico is now facing a second lawsuit in response to a new law that would allow certain public corporations in the U.S. territory to restructure their debt if needed....
  • In international flight, volatile conflicts abound
    DUBAI, United Arab Emirates (AP) -- In Libya, militias armed with shoulder-launched missiles are battling for control of the country's main airport. In Africa, the entire Sahel region is awash with weapons that include portable air defense systems leftover from the ouster of Moammar Gadhafi....
  • China detains employees of suspect meat seller
    BEIJING (AP) -- Five employees of a company accused of selling expired beef and chicken to McDonald's, KFC and other restaurants in China were detained by police Wednesday after an official said illegal activity was an organized effort by the supplier....
  • PepsiCo raises forecast after profit beats
    PURCHASE, N.Y. (AP) -- PepsiCo Inc. raised its forecast slightly for the year on Wednesday as it continued to slash costs while selling more of its snacks and drinks....
  • US stock futures rise as earnings reports roll in
    NEW YORK (AP) -- U.S. stock futures are edging up ahead of the opening bell as investors size up earnings reports from Apple, Boeing and other big companies....
  • Lufthansa cancels another day of Tel Aviv flights
    BERLIN (AP) -- Germany's largest airline, Lufthansa, says it is cancelling all flights to Tel Aviv for at least another 24 hours because of ongoing safety concerns....
  • EU seeks energy efficiency to ease Russia gas link
    BRUSSELS (AP) -- The European Union's executive is proposing legislation to curb the energy use of households and firms by almost one third by 2030 to reduce greenhouse gas emissions and lower its dependence on gas imports, particularly those from Russia....
  • SEC poised to end $1 a share for some money funds
    WASHINGTON (AP) -- Regulators are expected to vote Wednesday to end a longtime staple of the investment industry - the fixed $1 share price for money-market mutual funds - at least for some money funds used by big investors....

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