AP Breaking News

Associated Press The latest breaking business, global, and technology news from the Associated Press

PartnerRe to acquire Paris Re in $2 billion deal

July 5, 2009, 8:22PM ET
Bermuda-based reinsurer PartnerRe Ltd. said Sunday it will acquire Swiss rival Paris Re in a cash and stock deal worth roughly $2 billion.

Small diet changes can make big health difference

July 5, 2009, 8:00PM ET
Making small changes in diet can result in significant health benefits.

It's 25th anniversary of Flint's Auto World fizzle

July 5, 2009, 7:48PM ET
The city of Flint has long been a symbol of America's industrial decline. It also has never quite gotten over the self-inflicted black eye called AutoWorld.

More challenge Seattle-area property assessments

July 5, 2009, 6:59PM ET
Challenges to the assessed values of property in the Seattle area are soaring.

New law delays Mich. home foreclosures by 90 days

July 5, 2009, 5:54PM ET
A new law gives Michigan homeowners facing foreclosure a 90-day window to stay in their house and potentially work out a resolution with their lender.

Walt Disney World monorail crash kills employee

July 5, 2009, 5:35PM ET
Two monorail trains crashed early Sunday morning in the Magic Kingdom section of Walt Disney World, killing one train's operator, emergency officials said.

US warns against use of Hardcore, New Whey drinks

July 5, 2009, 5:31PM ET
The Food and Drug Administration is warning consumers not to buy two types of energy drinks packaged in test-tube like vials, saying that utility knife blades were found in two vials in an apparent case of tampering.

FDA warns against use of Hardcore, New Whey drinks

July 5, 2009, 5:29PM ET
The Food and Drug Administration is warning consumers not to buy two types of energy drinks packaged in test-tube like vials, saying that utility knife blades were found in two vials in an apparent case of tampering.

Nut growers look to space for support, guidance

July 5, 2009, 4:48PM ET
Space is preparing to go a little nuts.

Chrysler names remaining directors to new board

July 5, 2009, 4:45PM ET
Chrysler Group LLC on Sunday announced the remaining members of its new board of directors, a group that includes a former CEO of Northwest Airlines, investment bankers and top officials of the Italian automaker Fiat Group SpA.

Nigerian militants claim attack on Shell facility

July 5, 2009, 4:40PM ET
Nigeria's main militant group says it has attacked a Royal Dutch Shell oil facility in southern Nigeria.

Chrysler names remaining directors to new board

July 5, 2009, 4:33PM ET
Chrysler Group LLC on Sunday announced the remaining members of its new board of directors, a group that includes a former CEO of Northwest Airlines, investment bankers and top officials of the Italian automaker Fiat Group SpA.

G-8 greeted skeptically by some in quake zone

July 5, 2009, 3:50PM ET
At this week's Group of Eight summit, the leaders will stay in a barracks instead of the usual luxury hotel. The road to the site is lined with ghostly houses ruined by the earthquake that hit the central Italian mountain town of L'Aquila three months ago.

Harvard pres.: School has tough choices in decline

July 5, 2009, 3:43PM ET
Drew Gilpin Faust started as Harvard's president when the university's prosperity seemed limitless. With its ballooning wealth, Harvard planned almost frenzied growth, from a building boom into Boston to vast increases in student financial aid.

Senators say compromise key to health care bill

July 5, 2009, 3:38PM ET
It will take a compromise on a government option for insurance if the Senate is to agree on a health care overall before next month's break, two senators said Sunday.

Tucson rainwater harvesting law drawing interest

July 5, 2009, 3:07PM ET
Long dependent on wellwater and supplies sent hundreds of miles by canal from the Colorado River, this desert city will soon harvest some of its 12 inches of annual rainfall to help bolster its water resources.

In Philly schools, most students get a free lunch

July 5, 2009, 2:52PM ET
For students at Thurgood Marshall Elementary School, there IS such a thing as a free lunch -- and a free breakfast, too. With no strings attached.

Obama plan could trim back financial powerhouses

July 5, 2009, 2:51PM ET

They also would have to anticipate their own demise, drafting detailed descriptions of how they could be dismantled quickly without causing damaging repercussions. Think of it as planning their own funerals -- and burials.

Bankruptcies low in states that don't seize wages

July 5, 2009, 2:38PM ET
States that allow debt collectors to seize consumers' wages have sharply higher bankruptcy rates than neighboring states that prohibit or strictly limit the practice, an Associated Press analysis has found.

Submarine detects signal from Yemenia black boxes

July 5, 2009, 2:28PM ET
A submarine scouring the Indian Ocean on Sunday detected the signal beacons of the two black boxes from a Yemenia Airways flight that crashed off the Comoros Islands, the French aviation agency said.

 
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