Swiss bank UBS says 2nd-quarter earnings up 53 percent
Associated Press | July 27, 2015 12:07 am
Swiss bank UBS AG says its earnings leapt by 53 percent in the second quarter, helped by strong performances in equities trading and wealth management.
Beverage group sues city over soda warnings, advertising ban
Associated Press | July 26, 2015 1:07 pm
The American Beverage Association has sued the city of San Francisco, claiming new legislation requiring health warning labels on sugary beverages and prohibiting advertisements of them on city property violates the First Amendment.
Brain disorder center’s closing sends ripples nationwide
Associated Press | July 26, 2015 9:07 am
When Tyler Richardson’s son hit puberty, the combination of hormones and new strength from a growth spurt added an element of danger to a long history of unpredictable behavior because of autism and severe anger problems.
Pope signs himself up for World Youth Day using tablet
Associated Press | July 26, 2015 7:07 am
Pope Francis opened the registration period for next year’s World Youth Day in Poland, using a tablet computer to sign himself up from a window overlooking St. Peter’s Square during the traditional Sunday blessing.
Deutsche Boerse buys forex trading platform 360T for $796M
Associated Press | July 26, 2015 4:07 am
Frankfurt stock exchange operator Deutsche Boerse AG says it is buying foreign exchange trading platform 360T for 725 million euros ($796 million).
Fiat Chrysler to recall more than 1.6 million vehicles in US
Associated Press | July 25, 2015 12:07 pm
Fiat Chrysler is recalling more than 1.6 million vehicles in the U.S. to fix two separate issues affecting its Ram pickup trucks.
As Democrats fret over ‘sharing economy,’ GOP moves in
Associated Press | July 25, 2015 10:07 am
The debate over ride-hailing firm Uber is laying bare divides in the Democratic Party and on the left about how to handle the new “sharing” economy. Republicans are hungry to exploit that ambivalence and make inroads into a wealthy sector of the tech industry.
FT says parent company Pearson in talks to sell Economist
Associated Press | July 25, 2015 6:07 am
The Financial Times reports that its parent company, Pearson PLC, is in talks to sell its 50 percent stake in the Economist magazine.
Fed: Confidential forecasts mistakenly made public
Associated Press | July 24, 2015 2:07 pm
The Federal Reserve said Friday it had mistakenly posted confidential economic projections on its public website last month.
Amazon’s value surpasses Wal-Mart after surprise 2Q profit
Associated Press | July 24, 2015 1:07 pm
It’s official: Amazon is bigger than Wal-Mart.