• BorgWarner 2Q profit rises 9.2 percent

    Updated: 43 min ago

    AUBURN HILLS, Mich. (AP) — BorgWarner Inc. (BWA) on Thursday reported earnings that climbed by 9.2 percent in its second quarter, and topped analysts' expectations. The Auburn Hills, Michigan-based company said earnings increased to $190.2 million, or 83 cents per share, from $174.1 million, or 75 cents per share, in the same quarter a year earlier. Earnings, adjusted for restructuring costs, came to 89 cents per share. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share. The company said revenue climbed 16 percent to $2.2 billion from $1.89 billion in the same quarter a year ago, and beat Wall Street forecasts. Analysts expected $2.19 billion, according to Zac

  • Driving high questioned on busy day in Congress

    Updated: 44 min ago

    WASHINGTON (AP) — Amid rancorous debate over other weighty issues Thursday on Capitol Hill, lawmakers wondered aloud whether driving cars after smoking marijuana is dangerous. Among the unanswered questions: Would drivers who are "high" travel too fast or too slow for safety? Rep. John Mica, a Florida Republican who convened the Transportation subcommittee hearing, said he's concerned that growing numbers of drivers on U.S. roadways are increasingly impaired with a mix of drugs and alcohol. But with no test to determine if a driver is high on THC, the psychoactive ingredient in marijuana, it's nearly impossible to gauge the danger. Instead, he said, it's only after a fatal crash that investigators can determine if a driver has me

  • Dow Jones industrials plunge 300 points, wiping out July's gains; worst drop since February

    Updated: 44 min ago

    NEW YORK (AP) — Dow Jones industrials plunge 300 points, wiping out July's gains; worst drop since February.

  • Driver in Vegas eatery crash gets 6 to 20 years

    Updated: 45 min ago

    LAS VEGAS (AP) — A driver who pleaded guilty to DUI charges after police say he plowed his car onto the patio of a Las Vegas restaurant during lunchtime last spring was ordered to 6 to 20 years in prison on Thursday. Gage James Lindsey, 20, choked up and apologized to the 10 people who suffered injuries that included broken bones, burns and a collapsed lung, according to police. "Words can't even begin to express how sorry I am for the pain and suffering I have caused," said Lindsey, who initially faced 32 to 80 years behind bars. "I thank God every day that I didn't take anyone's life, and I wouldn't be able to forgive myself if I did.

  • Police: Child accidentally shoots, kills playmate

    Updated: 47 min ago

    CHUBBUCK, Idaho (AP) — A 5-year-old girl is dead after police say another 5-year-old accidentally shot her at an eastern Idaho home. Lt. Bill Guiberson of the Chubbuck Police Department says emergency workers responded to a Chubbuck home at about 3 p.m. Wednesday and took the victim to Portneuf Medical Center in Pocatello. The hospital confirmed later in the evening the girl had died. In a statement Thursday, police said adults were in the home at the time of the shooting but were in a different room. It's unclear whether the victim lived at the residence; the statement said only that she was there "visiting with friends" when the shooting happened. Police didn't return a call Thursday from The Associated Press.

  • Demoted worker shoots CEO, kills self in Chicago

    Updated: 50 min ago

    CHICAGO (AP) — A demoted worker shot and critically wounded his company's CEO before fatally shooting himself Thursday inside a downtown high-rise office building in Chicago's bustling financial district, police said. Police Superintendent Garry McCarthy said a worker at a technological company pulled a gun after entering the 17th-floor office to privately meet with his CEO. There was a struggle for the gun, and the CEO was shot in his head and abdomen before the gunman fatally shot himself, McCarthy said. McCarthy said the company was downsizing and "a number of people," including the alleged shooter, were being demoted. "Apparently he was despondent over the fact that he got demoted," McCarthy said.

  • Tigers' minor leaguer arraigned on sexual assault

    Updated: 50 min ago

    DETROIT (AP) — Minor league pitcher Evan Reed says he passed a polygraph test earlier this year after he was accused of sexually assaulting a woman at a downtown Detroit hotel. Reed, who appeared in 27 games for the Detroit Tigers, was arraigned Thursday and appeared in court via video on two counts of third-degree criminal sexual conduct. A not guilty plea was entered for Reed, and a preliminary hearing is scheduled for Aug. 12. Reed was on the Opening Day roster for the Detroit Tigers but was sent down to the minor leagues in June. The 28-year-old right-hander now plays for the Triple-A Toledo Mud Hens. Wayne County prosecutors said the 45-year-old woman met Reed at a bar in the suburbs on March 30, and she "began t

  • House leaders abandon border bill

    Updated: 51 min ago

    WASHINGTON (AP) — Short on votes, House Republicans abruptly abandoned a bill Thursday to address the immigration crisis on the U.S.-Mexico border after last-minute maneuvering failed to lock down conservative support. An hour later, they called an urgent meeting to plot their next moves. The surprise developments, coming on Congress' final day of action ahead of a five-week summer recess, were an embarrassing setback for Speaker John Boehner and his leadership team as a small group of tea party lawmakers once again upset their plans.

  • Oregon Medicaid targets expensive hepatitis drug

    Updated: 52 min ago

    WILSONVILLE, Ore. (AP) — An Oregon Medicaid committee is expected to significantly scale back access to an effective — but expensive — new drug used to treat hepatitis C. The decision on Thursday would allow only a narrow set of Medicaid patients to be treated with the $1,000-per-pill drug known as Sovaldi. Medical experts on Oregon's pharmaceutical review committee question whether the drug is worth the price tag. Oregon's guidelines would allow the drug to be used only for patients with later stages of liver damage who have been compliant with previous medical treatments and drug-free for at least six months. The drug could only be prescribed by a liver specialist.

  • USDA overhauls decades-old poultry inspections

    Updated: 56 min ago

    WASHINGTON (AP) — The Obama administration is overhauling poultry plant inspections for the first time in more than 50 years, a move it says could result in 5,000 fewer foodborne illnesses each year. Final rules announced Thursday would reduce the number of government poultry inspectors by around a fourth. But those who remain will focus more on food safety than on quality, requiring them to pull more birds off the line for closer inspections and encouraging more testing for pathogens. There would also be more inspectors checking the facilities to make sure they are clean. The changes would be voluntary, but many of the country's largest poultry companies are expected to opt in. Federal law requires that government in

  • FDA approves Boehringer's once-a-day inhaler drug

    Updated: 1 hr ago

    WASHINGTON (AP) — The Food and Drug Administration has approved a new long-acting inhaler drug from Boehringer Ingelheim to treat people with chronic lung disease. The agency approved Striverdi Respimat for chronic obstructive pulmonary disease, which causes bronchitis and emphysema and affects about 24 million people in the U.S. The disease, which is most often caused by smoking, is the third leading cause of death in the U.S., according to the National Institutes of Health. The FDA approved the drug on Thursday based on a study in 3,104 patients which showed improvements in lung function versus placebo. The drug will carry a bold warning that it is not approved to treat patients with asthma.

  • Kellogg's sales hurt as dieters drop Special K

    Updated: 1 hr ago

    NEW YORK (AP) — Kellogg's cereal sales are struggling, in part because Special K is falling out of fashion with dieters. The company, based in Battle Creek, Michigan, said Thursday that its profit fell 16 percent in the second quarter as its flagship cereal unit continued to suffer. Cereal sales in the U.S. have been sluggish for some time now, given the ever-expanding number of breakfast options including Greek yogurt, egg sandwiches and even waffle tacos from fast-food chains. But Kellogg is also dealing with problems specific to some of its most popular brands. The movement away from calorie counting in the dieting world, for instance, has hurt Special K, which over the years has expanded to include snack bars, crackers

  • Repairing burst Los Angeles main could take days

    Updated: 1 hr ago

    LOS ANGELES (AP) — Repair crews on Thursday were shoring up a giant hole in the middle of Sunset Boulevard caused by a ruptured pipe, as officials at the water-logged University of California, Los Angeles, continued to assess damage from the 20 million gallons that inundated the campus. Workers were reinforcing the excavated 56-by-41 foot crater and making the site safe for crews, said Mike Miller, district superintendent for the Los Angeles Department of Water and Power. Meanwhile workers off-site were fashioning new valves and a y-joint connector to replace the burst section of the century-old steel main line. The Department of Water and Power said repairs along the famed boulevard, a heavily traveled east-west thoroughf

  • Congress races to finish veterans, highway bills

    Updated: 1 hr ago

    WASHINGTON (AP) — Rushing toward the exits, Congress on Thursday scrambled to wrap up legislation addressing the troubled Veterans Affairs Department and a looming shortfall in highway money. House Republicans unexpectedly put off a vote on a border security bill as tea partyers withdrew their support. On the final day before a five-week summer break, Congress was leaving a long list of unfinished business after 18 months of bitter partisanship. Democrats cast Republicans as the obstacle; Republicans said President Barack Obama has been missing in action. "We've not had a productive Congress," acknowledged Senate Majority Leader Harry Reid, D-Nev. Minority Leader Mitch McConnell, R-Ky., said Obama has chosen to raise

  • Journal Communications, Scripps Co. announce deal

    Updated: 1 hr ago

    NEW YORK (AP) — Journal Communications Inc. of Milwaukee and E.W. Scripps Co. of Cincinnati have agreed to combine their broadcasting operations while spinning off newspaper holdings into a separate public entity. The deal announced late Wednesday is the latest move by media companies to separate sluggish newspaper operations from more profitable broadcast units, as the industry adapts to consumers' increasing taste for digital content. The trend started with Belo Corp., which in 2008, spun off its newspapers including The Dallas Morning News. More recently, The Tribune Co. said it is splitting its print business, including the Los Angeles Times, and its TV channels. News Corp. and Time Warner Inc. have also split into sepa

  • Libya Islamic militias declare control of Benghazi

    Updated: 1 hr ago

    BENGHAZI, Libya (AP) — Islamic hard-line militias, including the group accused by the United States in a 2012 attack that killed the ambassador and three other Americans, claimed control of Libya's second largest city, Benghazi, after overrunning army barracks and seizing heavy weapons. The sweep in the eastern city is part of a new backlash by hard-liners against their rivals ahead of the sitting of a new parliament. In the capital Tripoli, escalating battles Thursday between militias prompted multiple foreign governments to scramble to get out their citizens as thousands of Libyans fled across the border into Tunisia.

  • L-3 fires 4 workers over accounting misconduct

    Updated: 1 hr ago

    NEW YORK (AP) — Defense contractor L-3 Communications said Thursday that it fired four employees after discovering they overstated the company's profit and sales from a contract with the U.S. government. The New York company said a fifth employee resigned. It said the employees, who worked for its aerospace systems business, also inappropriately deferred some cost overruns associated with the contract. L-3 described the contract as a maintenance and logistics support contract with the U.S. Department of Defense, and said the deal began Dec. 1, 2010, and ends January 31. The deal brings in about $115 million in annual revenue for the company.

  • Man sues soccer star Ronaldo over 'CR7' trademark

    Updated: 1 hr ago

    PROVIDENCE, R.I. (AP) — A Rhode Island man has sued Cristiano Ronaldo over the phrase "CR7," which is used by soccer fans around the world as shorthand for the Real Madrid forward. Christopher Renzi filed the lawsuit Monday in U.S. District Court in Providence against the Portuguese soccer star and a Danish company, JBS Textile Group. The firm sells underwear with the phrase "CR7," a combination of Ronaldo's initials and jersey number. Renzi's lawyer said on Thursday that his client was prompted to file the lawsuit against one of the world's most famous athletes after JBS Textile lawyers threatened his client with aggressive action and petitioned to cancel his trademark.

  • Vitaminwater cries uncle, switches back formula

    Updated: 1 hr ago

    NEW YORK (AP) — Coca-Cola is reversing course after fans of Vitaminwater complained about the drink's new sweetener. The Atlanta-based company promised Thursday the drink would go back to its previous taste after fans flooded Vitaminwater's Facebook page with negative comments. The reversal comes just a few months after Coca-Cola had changed the sweetener in the drink to a mix of sugar and stevia, a low-calorie sweetener known for its metallic aftertaste. "Our fans haven't had the greatest things to say about it," said a statement posted on Vitaminwater's website. The statement said the Vitaminwater that people "loved" would start appearing on shelves this fall and be available nationwide by winter.

  • Network planned to bring shale power to East Coast

    Updated: 1 hr ago

    HARRISBURG, Pa. (AP) — PPL Corp. said Thursday it wants to spend billions of dollars to build a 725-mile system of electric transmission lines that will bring energy from the booming Marcellus Shale natural gas fields to customers on the heavily populated Eastern Seaboard. The Allentown-based utility said the 500-kilovolt line would span much of Pennsylvania and reach into New York, New Jersey and Maryland, although the route has not been determined. The cost was expected to exceed $4 billion, and it could take more than a decade to build. PPL said the project was likely to increase reliability during demand-driven power shortages and save money for customers.