• S&P 500 ekes out record high as earnings roll in

    Updated: 5 hr ago

    NEW YORK (AP) — The stock market eked out a record high Wednesday, as investors weighed positive earnings from the technology industry against disappointing news from Boeing and other companies. Apple's earnings topped Wall Street expectations, helped by rising shipments of iPhones. Microsoft also reported results that beat forecasts. So far, with less than a fourth of U.S.-listed companies reporting their quarterly financial performance, results have been coming in better than expected. About 72 percent of Standard & Poor's 500 companies that have reported earnings have beaten expectations, and 73 percent have beaten sales forecasts.

  • 40 bodies from jet solemnly returned to Dutch soil

    Updated: 5 hr ago

    EINDHOVEN, Netherlands (AP) — Victims of the Malaysian jetliner shot down over Ukraine returned at last Wednesday to Dutch soil in 40 wooden coffins, solemnly and gently carried to 40 identical hearses, flags at half-staff flapping in the wind. The carefully choreographed, nearly silent ceremony contrasted sharply with the boom of shells and shattered glass in eastern Ukraine as pro-Russian rebels fought to hang onto territory and shot down two Ukrainian fighter jets. The bold new attack showed the separatists are not shying away from shooting at the skies despite international outrage and grief at the downing of Malaysia Airlines Flight 17.

  • Death sentence given in AP photographer's killing

    Updated: 5 hr ago

    KABUL, Afghanistan (AP) — A Kabul court announced Wednesday that the Afghan police officer charged with killing Associated Press photographer Anja Niedringhaus and wounding veteran AP correspondent Kathy Gannon has been convicted and sentenced to death. It was the first court hearing in the case and, under Afghan law, the verdict and sentence are subject to several stages of review. Six judges at the Kabul District Court found former Afghan police unit commander Naqibullah guilty of murder and treason over the attack in the southeastern city of Khost that targeted the international journalists as they prepared to cover the first round of the country's presidential election.

  • FDA warns of compounded drug recall by Texas firm

    Updated: 5 hr ago

    WASHINGTON (AP) — The Food and Drug Administration warned doctors Wednesday not to use compounded drugs from a Texas specialty pharmacy due to potential risks of contamination. The agency says FDA inspectors recently uncovered unsanitary conditions at Unique Pharmaceuticals' plant in Temple, Texas. The inspections revealed production problems in several drug lots that were supposed to be sterile. "Using these products puts patients at an unacceptable risk for serious infection," said Carol Bennett, an official in the FDA's drug center. At the behest of regulators, Unique Pharmaceuticals has recalled all non-expired, sterile products distributed across the U.S., including a fluid used to clear mucus in patients with re

  • Biden decries voting restrictions in NAACP address

    Updated: 5 hr ago

    LAS VEGAS (AP) — Vice President Joe Biden urged the NAACP on Wednesday to spread the word about what he called "a hailstorm" of measures to restrict citizens' ability to vote, trying to rally the Democratic Party's base before the midterm elections. In a 31-minute speech to the civil rights group's annual convention in Las Vegas, Biden said there have been 83 attempts this year alone in 29 states to restrict voting rights. The measures stiffen requirements on identification needed to vote, or limit or end early voting. "These moves to limit the right to vote are nothing more than pure politics, masquerading as attempts to combat corruption where there is none," Biden said.

  • Calls for troops at border echo previous pushes

    Updated: 5 hr ago

    McALLEN, Texas (AP) — When Texas Gov. Rick Perry announced the deployment of up to 1,000 armed National Guard troops to the Mexican border he was speaking to voters in Iowa as much as Texas. The one-time and possible future presidential candidate is in the waning months of his third and final term as governor. His visits to Iowa, including the weekend before his National Guard announcement, suggest he is considering another run for the Republican presidential nomination. If Perry's call for troops to the border sounds familiar, that's because it's not new. In early 2009, as he was running for re-election, Perry urged then Homeland Security Secretary Janet Napolitano to deploy 1,000 troops along the border in Texas.

  • Delta and Apple are big market movers

    Updated: 6 hr ago

    NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Delta Air Lines Inc., up $1.47 to $39.15 The airline's second-quarter earnings topped analysts' expectations, as passengers flew more miles at higher average fares and fuel spending declined. GlaxoSmithKline Plc., down $3.18 to $50.04 The drug developer cut its full-year earnings forcast after reporting a decline in quarterly profit, partly on lower sales. Puma Biotechnology Inc., up $174.40 to $223.43 The biotechnology company reported positive results from a key late-stage study of a potential breast-cancer treatment. Nasdaq Apple Inc., up $2

  • Rubio: Same-sex marriage foes face 'intolerance'

    Updated: 6 hr ago

    WASHINGTON (AP) — Americans who oppose same-sex marriage often face "intolerance" from those who support it, Republican Sen. Marco Rubio of Florida said Wednesday in a speech about values that appeared aimed at wooing social conservatives. In remarks he said were likely to get him attacked as a bigot, the Florida Republican also complained to the audience at Catholic University about liberals who defend abortion rights for women but not protections for "the unborn." While Rubio has consistently held conservative positions on abortion and gay marriage, his current emphasis appears to be an effort to appeal to social conservatives who have yet to settle on a favored presidential candidate for 2016.

  • GM issues 6 more safety recalls

    Updated: 6 hr ago

    DETROIT (AP) — General Motors issued six more recalls on Wednesday, bringing its annual total to 60 recalls covering almost 30 million vehicles. The latest recalls cover nearly 823,000 cars, trucks and SUVs mostly in North America but including a small number of exports. The largest is for faulty seats in just over 475,000 cars and small SUVs. Other problems include incomplete welds on seat brackets, turn signal failures, power steering failures, loose suspension bolts and faulty roof rack bolts. GM is conducting a companywide safety review as it tries to correct a dysfunctional corporate culture in which safety was a low priority.

  • Awarded a Pell Grant? Better double-check

    Updated: 6 hr ago

    WASHINGTON (AP) — Potentially tens of thousands of students awarded a Pell Grant or other need-based federal aid for the coming school year could find it taken away because of a mistake in filling out the form. The mistake primarily stems from an online form change to the Free Application for Federal Student Aid, or FAFSA, made Jan. 1 that expanded the field to enter income. Many applicants unnecessarily entered a decimal point and cents that the system ignored. The error led to students being declared eligible for aid when they are not — and ineligible when they are. The Education Department says fewer than 200,000 applicants have been declared eligible when they are not.

  • Sarah Palin cited for speeding in Alaska hometown

    Updated: 6 hr ago

    JUNEAU, Alaska (AP) — Sarah Palin is facing a $154 ticket for speeding in her hometown of Wasilla. The former Alaska governor was pulled over July 16 and cited for driving between 10 and 19 mph over the speed limit. The penalty includes a $144 fine and $10 police training surcharge. An attorney for Palin said he didn't know details of the case but said that Palin would pay the fine. A Wasilla Police Department spokesman didn't immediately return a phone message seeking comment. In discussing the ticket with TMZ, Palin made an auto racing reference, joking that she wasn't speeding, she was "qualifying.

  • Details of 6 GM recalls announced Wednesday

    Updated: 6 hr ago

    General Motors announced six more recalls Wednesday, bringing its total so far this year to 60, affecting nearly 30 million vehicles. Wednesday's recalls total nearly 823,000 cars, trucks and SUVs in North America, plus a small number of exports. Here are the models covered and details of the recalls: — 475,161 total. Covers Chevrolet Equinox, GMC Terrain and Cadillac SRX models from the 2010 through 2012 model years, as well as the 2011-2012 Chevy Camaro, Buick Regal and Buick LaCrosse. Bolt securing driver and front passenger seats can fall out, and seat can move up and down freely. GM knows of one crash and three injuries caused by the problem. Drivers should use height adjustment until dealer scan replace the bolt. <

  • Man gets 10 years to life in death of Vegas dancer

    Updated: 6 hr ago

    LAS VEGAS (AP) — A judge sentenced a former Cirque du Soleil performer to 10 years to life in prison on Wednesday in the killing and dismemberment of his ex-girlfriend, saying the defendant had revived the tempestuous relationship with the dancer to feed his own narcissism. Judge Kathleen Delaney gave Jason Omar Griffith, 35, the maximum sentence for his second-degree murder conviction in spite of defense arguments that victim Deborah Flores Narvaez was volatile and Griffith had reported her to police 14 times to little avail. "The responsibility for this toxic and ultimately tragic relationship continuing as long as it did was entirely yours," Delaney said. "The only reason I can see was to satisfy your own narcissistic pr

  • Trump: DC hotel will be among world's best

    Updated: 6 hr ago

    WASHINGTON (AP) — Donald Trump has big plans for the Old Post Office building, a historic structure in downtown Washington that he's pledging to transform into the city's most luxurious hotel. As for the White House, four blocks away? He's not saying. The real estate mogul and reality TV star was all business in his visit to the nation's capital Wednesday for a ceremonial groundbreaking outside the 115-year-old building — shaking hands, posing for pictures with gold-plated shovels and praising Democratic political leaders for their cooperation. The Old Post Office is on Pennsylvania Avenue between the White House and the Capitol.

  • Former trader gets 2 years in prison for fraud

    Updated: 6 hr ago

    NEW HAVEN, Conn. (AP) — A federal judge sentenced a former Wall Street trader to two years in prison on Wednesday for securities fraud, saying he took advantage of a government bailout program. The judge also fined Jesse Litvak $1.75 million. "This was a market that was dead in the water," Judge Janet Hall told Litvak. "This was a market that existed because of taxpayer money and you were in effect taking advantage of it through fraud." Litvak was found guilty in March of securities fraud, Troubled Asset Relief Program fraud and making false statements to the federal government. He was the first person convicted of a crime related to the program that used bailout funds in the financial meltdown to restart trading mark

  • Stopping deadly oil train fires: New rules planned

    Updated: 6 hr ago

    WASHINGTON (AP) — Responding to a series of fiery train crashes, the government proposed rules Wednesday that would phase out tens of thousands of older tank cars that carry increasing quantities of crude oil and other highly flammable liquids through America's towns and cities. But many details were put off until later as regulators struggle to balance safety against the economic benefits of a fracking boom that has sharply increased U.S. oil production.

  • US stocks drift higher following mixed earnings

    Updated: 6 hr ago

    NEW YORK (AP) — U.S. stock indexes edged mostly higher as traders looked over a mixed batch of corporate earnings. The meager gains were enough to mark another high close for the Standard & Poor's 500 index. The S&P 500 edged up three points, or 0.2 percent, to 1,987. That was two points higher than its last record close reached on July 3. The Dow Jones industrial average fell 26 points, or 0.2 percent, to 17,086. The Nasdaq composite rose 17 points, or 0.4 percent, to 4,473. Boeing fell 2 percent, the most in the Dow, after reporting disappointing revenue. Apple rose 3 percent after reporting big gains in iPhone sales. Bond prices were little changed. The yield on the 10-year Treasury note held steady at

  • 5 tips for selling your home for the best price

    Updated: 6 hr ago

    LOS ANGELES (AP) — The rebound in U.S. home values over the past couple of years has placed many homeowners in a better position to sell their home for a profit. Still, getting a home sold can be challenging, even in markets where tight supply favors sellers. Here are five tips on how to get your home sold for the best price: 1. STUDY THE MARKET Most homeowners enlist the services of a real estate agent to market their home and perform a variety of tasks, including reaching out to a network of buyers' agents, preparing the home for viewing and dealing directly with prospective buyers. That shouldn't preclude sellers from being knowledgeable about the process, however.

  • Filmmaker Michael Moore's divorce is finalized

    Updated: 6 hr ago

    BELLAIRE, Mich. (AP) — Filmmaker Michael Moore's divorce from Kathleen Glynn has been finalized, ending their two-decade-long marriage. Moore filed a divorce complaint June 17, 2013, in Michigan's Antrim County, where the couple has a lakefront home. A consent judgment of divorce was entered and the case was closed Tuesday. Moore spokesman Christian Muirhead says his client and Glynn "have mutually and amicably reached a divorce settlement." The Associated Press left a message Wednesday seeking comment from Glynn's lawyer. Moore's filing from last year said his relationship with Glynn had broken down and there remained "no reasonable likelihood that the marriage" could be preserved. Moore and Glynn married

  • IMF sees US growth at weakest since recession

    Updated: 6 hr ago

    WASHINGTON (AP) — U.S. economic growth this year will likely be at the weakest pace since the Great Recession ended, the International Monetary Fund said, mostly because of a sharp, weather-related contraction in the first quarter. But the global lending organization said Wednesday that it still expects growth resumed in the April-June quarter and will remain healthy in the second half of this year and next. In its annual report on the U.S. economy, the IMF projects growth will be just 1.7 percent this year, down from a 2 percent estimate in June. That's below last year's 1.9 percent pace and would be the slowest annual rate since the recession ended in June 2009.