Penney: We haven't hired advisers for in-court restructuring

NEW YORK (AP) — J.C. Penney says it hasn't hired any advisers to prepare for an in-court restructuring or bankruptcy. The company statement Friday came after investors were rattled b...

Lebanese losing faith as politicians fumble over economy

BEIRUT (AP) — For days, Lebanese TV stations have been blanketed with live coverage as lawmakers held heated debate over a controversial austerity budget meant to salvage the flailing economy, with pr...

Fed survey finds widespread concerns over trade

WASHINGTON (AP) — The Federal Reserve's latest nationwide survey released Wednesday reveals that despite growing worries about the impact of President Donald Trump's trade battles, the overall economy...

Taiwan state utility Taipower sees losses escalate

TAIPEI (Taiwan News) – The Taiwan Power Corporation (Taipower, 台電) is not just the only major state-owned company losing money, but it has also seen its losses escalate over the past year, the C...

Business Highlights

___ Facebook's currency plan gets hostile reception in Congress WASHINGTON (AP) — A Facebook executive is defending the social network giant's ambitious plan to cre...

Barneys New York evaluating restructuring options

NEW YORK (AP) — Barneys New York may soon join the ever lengthening list of retail stores seeking protection in bankruptcy. The luxury clothing company, faced with high rents and a s...

US stocks edge lower as earnings reports ramp up

NEW YORK (AP) — U.S. stocks edged lower as investors assessed a mixed bag of corporate earnings and economic reports. Technology companies led the broader market lower with the heavi...

Asian shares mixed in lackluster trading, Nikkei falls 0.6%

TOKYO (AP) — Asian shares were little changed and mixed in quiet trading Tuesday amid a lack of fresh market-moving news as investors looked ahead to earnings season. Japan's benchma...

Stocks edge lower as bank losses offset technology gains

NEW YORK (AP) — Stocks edged lower in midday trading Monday on Wall Street as a decline in banks offset solid gains in technology companies. The losses follow record high finishes fo...

Stocks edge lower as bank losses offset technology gains

NEW YORK (AP) — Stocks edged lower in early trading Monday on Wall Street as a decline in banks offset solid gains in technology companies. The losses follow record high finishes for...

China's economy growth cools further amid US tariff war

BEIJING (AP) — China's economic growth sank to its lowest level in at least 26 years in the quarter ending in June, adding to pressure on Chinese leaders as they fight a tariff war with Washington. ...

Fuel prices to increase in coming week in Taiwan

TAIPEI (CNA) -- Taiwan's two major fuel suppliers on Sunday announced increases in fuel prices for the coming week, citing tensions in the Middle East and a halt in oil drilling operations in the ...

Correction: Today in History for Sunday, July 7

In a Today in History for Sunday, July 7 that was sent in advance on July 1, The Associated Press erroneously attributed the Thought for Today to Margaret Fuller, American critic and social reformer (...

Sanders facing tougher 2020 competition for liberal support

Barbara Lee supported Bernie Sanders' 2016 presidential bid, helping him score one of his most decisive victories that year when he dominated the New Hampshire primary. But as he wages another bid for...

Financier in sex abuse case went from math whiz to titan

NEW YORK (AP) — He has rubbed elbows with a prince and flown a former president on his private jet. He amassed a fortune that includes a 100-acre island in the Caribbean and one of the biggest m...