National business and financial news from NewsOK

  • Study: 35 percent in US facing debt collectors

    Updated: 40 min ago

    WASHINGTON (AP) — More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute. These consumers fall behind on credit cards or hospital bills. Their mortgages, auto loans or student...

  • Asia stocks rise modestly ahead of US, China data

    Updated: 1 hr ago

    SEOUL, South Korea (AP) — Asian stock markets posted modest gains Tuesday as investors treaded cautiously ahead of U.S. and Chinese economic reports later this week. KEEPING SCORE: Japan's Nikkei 225 added 0.5 percent to 15,604.80 and South Korea's Kospi rose 0.6 percent to 2,061.95. Hong...

  • T-Mobile deal helps Rhapsody hit 2M paying subs

    Updated: 1 hr ago

    SEATTLE (AP) — Rhapsody International Inc. said Tuesday its partnership with T-Mobile US Inc. has helped boost its number of paying subscribers to more than 2 million, up from 1.7 million in April. Last month, Rhapsody teamed up with the nation's fourth-largest carrier on a new service called...

  • Fashion industry, retailers and the gender binary

    Updated: 3 hr ago

    NEW YORK (AP) — As a transgender woman who began her transition about a year ago, Kylie Jack is still figuring out her fashion style, but she wanted one thing right away: well-fitting bras. Friends recommended Petticoat Fair in Austin, Texas, where she lives. The lingerie shop is known for...

  • Darden CEO to step down amid Olive Garden troubles

    Updated: 3 hr ago

    NEW YORK (AP) — Darden Restaurants CEO and Chairman Clarence Otis is stepping down as the company fights to fix its flagship Olive Garden chain following its contested sale of Red Lobster. The company, based in Orlando, Florida, also said Monday that it's changing its corporate policies to...

  • 'Pawn Stars' TV star plans stores near famous shop

    Updated: 3 hr ago

    LAS VEGAS (AP) — The long parade of tourists who regularly stop by the downtown Las Vegas shop featured on the History Channel reality show "Pawn Stars" could soon have something better to do while waiting in line. Gold & Silver Pawn Shop co-owner Rick Harrison has drawn up plans for a Pawn...

  • Conservation group appeals San Diego power plant

    Updated: 6 hr ago

    SAN DIEGO (AP) — A conservation group is challenging a proposed natural gas power plant in San Diego. The Protect Our Communities Foundation filed a petition with the 4th District Court of Appeal on Monday asking it to overturn the California Public Utilities Commission's approval of the...

  • Deal to improve veterans' health care costs $17B

    Updated: 7 hr ago

    WASHINGTON (AP) — A bipartisan deal announced Monday would authorize about $17 billion to help veterans avoid long waits for health care, hire more doctors and nurses to treat veterans and make it easier to fire executives at the Department of Veterans Affairs. An agreement announced by the...

  • Mining deaths on rise, 22 in first half of 2014

    Updated: 7 hr ago

    ARLINGTON, Va. (AP) — Twenty-two miners were killed in accidents during the first half of 2014, compared to 18 for the same period last year and 19 in 2012. The U.S. Department of Labor's Mine Safety and Health Administration on Monday released its mid-year summary of fatal accidents. The...

  • Rule aims to help clear air around Grand Canyon

    Updated: 7 hr ago

    FLAGSTAFF, Ariz. (AP) — The largest coal-fired power plant in the West will produce one-third less energy by 2020 and could close in 2044 under a proposal that the federal government adopted to cut haze-causing emissions of nitrogen oxide at places like the Grand Canyon. The U.S....

  • Judge rules against Clippers owner Donald Sterling, OKs sale of team to ex-Microsoft CEO

    Updated: 8 hr ago

    LOS ANGELES (AP) — Judge rules against Clippers owner Donald Sterling, OKs sale of team to ex-Microsoft CEO.

  • House bill lets airlines advertise pre-tax fares

    Updated: 8 hr ago

    WASHINGTON (AP) — In a victory for airlines and their workers' unions, the House rejected consumers' complaints and easily passed legislation Monday letting airline advertising emphasize the base price of tickets, before taxes and fees are added. The bipartisan legislation would roll back...

  • City: Emails show 'cozy' ties of PG&E, regulator

    Updated: 8 hr ago

    SAN FRANCISCO (AP) — Top California regulators communicated often and enthusiastically with executives at Pacific Gas & Electric Co., even offering unsolicited advice on handling the media while they presided over a case to decide how much the utility should pay for a deadly explosion in a San...

  • 'Lucy' smacks down 'Hercules' in box office bout

    Updated: 8 hr ago

    LOS ANGELES (AP) — The Scarlett Johansson-led action flick "Lucy" took it to stalwart action star Dwayne "The Rock" Johnson's "Hercules" over the weekend for the No. 1 spot at the box office. The top 20 movies at U.S. and Canadian theaters Friday through Sunday, followed by distribution...

  • Ford raising prices on new F-150

    Updated: 8 hr ago

    DETROIT (AP) — Ford is raising the price of its new aluminum-sided pickup truck, but still trying to stay competitive with rivals. Ford released pricing on the truck Monday. It goes on sale later this year. The new truck comes in five variants, down from 10 on the current truck. All have...

  • 3 jailed for blocking tracks to Anacortes refinery

    Updated: 8 hr ago

    ANACORTES, Wash. (AP) — The Skagit County Sheriff's Office says three oil-train protesters have been arrested for blocking the railroad tracks at the Tesoro refinery near Anacortes. About two dozen people were taking part in the demonstration Monday morning when deputies arrived. Most agreed...

  • FAA proposes to fine Southwest Airlines $12M

    Updated: 8 hr ago

    WASHINGTON (AP) — The Federal Aviation Administration said Monday it is proposing a $12 million civil fine against Southwest Airlines for failing to comply with safety regulations related to repairs on Boeing 737 jetliners. It is the second-largest fine the agency has proposed against an...

  • SC congressmen say SRS has money for fuel project

    Updated: 8 hr ago

    SAVANNAH RIVER SITE, S.C. (AP) — Federal legislators have secured enough money to make sure a nuclear fuel project at the Savannah River Site goes forward, according to South Carolina Gov. Nikki Haley and members of the state's congressional delegation. But the governmental leaders also told...

  • Cruz ends hold on nominees over FAA flight ban

    Updated: 9 hr ago

    WASHINGTON (AP) — Republican Sen. Ted Cruz is no longer blocking confirmation of a series of ambassadorial and other diplomatic nominees over the Federal Aviation Administration's 36-hour ban on U.S. airline flights to Israel. Cruz said in a statement Monday that he received a briefing from...

  • Clarification: Fast Food Workers-Convention story

    Updated: 9 hr ago

    VILLA PARK, Ill. (AP) — In a story July 26, The Associated Press reported that Latoya Caldwell, a mother of four from Kansas City, Missouri, who earns $7.50 an hour at a Wendy's restaurant, said she works six days a week to get 40 hours and takes home $435 per paycheck. The story should have...

  • Medicare's own health looking better, report says

    Updated: 9 hr ago

    WASHINGTON (AP) — Medicare's financial future is looking brighter despite a growing wave of baby boomers reaching retirement. Getting relief from a slowdown in health care spending, the program's giant hospital trust fund won't be exhausted until 2030, the government said Monday. That's four...

  • Family Dollar and Trulia are big market movers

    Updated: 9 hr ago

    NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Family Dollar Stores Inc., up $15.08 to $75.74 The discount retailer is being bought for $8.5 billion by rival Dollar Tree, which is significantly...

  • Stocks end little changed ahead of earnings rush

    Updated: 9 hr ago

    NEW YORK (AP) — U.S. stocks are ending little changed as traders wait for key economic and earnings reports later this week. The Standard & Poor's 500 index rose less than a point to close at 1,978 on Monday. The Dow Jones industrial average edged up 22 points to 16,982. The Nasdaq fell. The...

  • Russia ordered to pay $50 billion over Yukos

    Updated: 9 hr ago

    LONDON (AP) — Russian President Vladimir Putin's government must pay $50 billion for using tax claims to destroy Yukos, once the country's largest oil producer, and its Kremlin-critical CEO, an international court has ruled. Monday's verdict by the Permanent Court for Arbitration increases...

  • Ala utility regulators supporting coal industry

    Updated: 10 hr ago

    BIRMINGHAM, Ala. (AP) — Alabama's utility regulators are supporting coal and opposing federal efforts to limit fossil fuel emissions. Alabama Public Service commissioners Twinkle Andress Cavanaugh and Jeremy Oden and commissioner-elect Chip Beeker spoke at a news conference Monday ahead of...



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