AP Breaking News
The latest breaking business, global, and technology news from the Associated Press
EMS forecasts $90 million in hurricane aid revenue
October 3, 2008, 8:08PM ET
Shares of Emergency Medical Services Corp. advanced Friday after the company said it will gain $90 million in revenue from its work during disaster relief efforts for Hurricanes Gustav and Ike over the summer.
American Eagle Outfitters shares fall
October 3, 2008, 7:58PM ET
Shares of American Eagle Outfitters Inc. tumbled on Friday, after an analyst said teen apparel rival Abercrombie & Fitch Co. might perform better long term.
Family Dollar shares rise after earns report
October 3, 2008, 7:55PM ET
Share of Family Dollar Stores Inc. soared Friday after the discounter reported a better-than-expected quarterly profit.
Boeing airplane deliveries plummet during strike
October 3, 2008, 7:25PM ET
One month after the start of a Machinists union strike, the Boeing Co. reported a nosedive in deliveries of commercial aircraft but still got 10 planes to customers after the walkout.
Google agrees to brief delay of Yahoo ad deal
October 3, 2008, 7:11PM ET
Google Inc. agreed to delay the start of a Web advertising partnership with rival Yahoo Inc., giving U.S. antitrust regulators more time to review the deal.
Magazine publishers settle claim over Web sharing
October 3, 2008, 7:00PM ET
The magazine industry has settled its copyright-infringement lawsuit against the operators of a fledgling Web site that encourages people to copy and upload current issues of popular magazines.
Wachovia, Citigroup, AIG among big movers
October 3, 2008, 6:53PM ET
Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
Tax ruling may have aided Wells' bid for Wachovia
October 3, 2008, 6:49PM ET
New leeway the IRS has granted to banks seeking to write-off losses likely inspired the nearly $13 billion premium Wells Fargo & Co. agreed to pay for Wachovia Corp. above Citigroup Inc.'s previous offer.
Venezuela state bank: Crisis having no effect
October 3, 2008, 6:42PM ET
Venezuela's state-owned banks will not be affected by the U.S. financial crisis, a top banking official said.
2 firms selected for mortgage securities program
October 3, 2008, 6:39PM ET
The Treasury Department has picked two financial institutions to manage a program it unveiled last month to provide support for beleaguered mortgage-backed securities.
Cigarette suit first up in new court term Monday
October 6, 2008, 9:16AM ET
The Supreme Court opens a new term Monday with denials expected in hundreds of appeals and arguments over limits on lawsuits against tobacco companies.
Eli Lilly agrees to buy ImClone for over $6B
October 6, 2008, 9:15AM ET
Eli Lilly & Co. has agreed to buy biotechnology company ImClone Systems Inc. for more than $6 billion in a deal that would expand Lilly's cancer treatment pipeline a few years before several patent expirations hit the drug maker.
Ask.com hopes to make search faster, more relevant
October 6, 2008, 9:15AM ET
Assuming your company's name isn't a verb synonymous with looking things up online, how do you get Web surfers to not just try your search engine, but also frequent it?
EBay buys Bill Me Later for $945 million
October 6, 2008, 9:14AM ET
EBay Inc. did a little shopping of its own on Monday, saying it would pay $1.34 billion for online payments site Bill Me Later and two Danish classified ad Web sites.
Bank of America settles suits over bad mortgages
October 6, 2008, 9:13AM ET
Facing a lawsuit over deceptive mortgage practices, Bank of America Corp. is agreeing to pay more than $8 billion to modify hundreds of thousands of loans to keep people from losing their homes.
Wall Street set to follow global sell-off
October 6, 2008, 9:12AM ET
Financial markets around the world had a rocky start Monday after European governments took steps to limit the damage from the growing global financial crisis. U.S. stocks appeared headed for a steep drop at the opening, and the credit markets remained under strain.
Ford feature will let parents set limits for teens
October 6, 2008, 9:10AM ET
So you think junior is a little too lead-footed when he drives the family car? Starting next year, Ford Motor Co. will give you the power to do something about it.
Heinz launches bid for Australia's Golden Circle
October 6, 2008, 9:02AM ET
U.S. food company H.J. Heinz Co. has launched a 288 million Australian dollar ($216 million) takeover bid for Australian food producer Golden Circle Ltd., the companies said Monday.
Ahead of the Bell: American International Group
October 6, 2008, 9:00AM ET
An analyst said Monday he remains concerned about insurer American International Group Inc.'s liquidity after its asset sales to help pay back a government loan.
Indian stock index sinks to 2-year low
October 6, 2008, 9:00AM ET
India's stock market fell to a two-year low Monday amid signs that the U.S.-led financial crisis is spreading to Europe, intensifying worries about a global slowdown.
