AP Breaking News
The latest breaking business, global, and technology news from the Associated Press
First Solar shares plunge on project delay
February 10, 2012, 2:20PM ET
First Solar is warning that a construction delay is threatening to undo its sale of large solar project planned for Los Angeles County to the power producer Exelon Corp.
LinkedIn stock soars 17 pct after strong 4Q
February 10, 2012, 2:19PM ET
LinkedIn Corp.'s shares soared nearly 17 percent Friday, the biggest one-day gain since the online professional networking service's stock market debut last May.
Earnings roundup: Arch Coal, Apollo Global
February 10, 2012, 2:19PM ET
Among the earnings stories for Friday, Feb. 10, from AP Business News:
Sector Snap: Morgan Stanley on biotech drugmakers
February 10, 2012, 2:19PM ET
A Morgan Stanley analyst said Friday that he believes shares of biotech drugmakers Gilead Sciences, Biogen Idec and Celgene will do well in 2012 because all three companies are poised to report encouraging results for important drug candidates.
AG: Pa. man's Facebook 'surfer' page lured teens
February 10, 2012, 2:18PM ET
A married father used phony Facebook profiles to pose as two different Florida surfers to solicit sexually graphic messages and photos from seven teenage girls in western Pennsylvania, and two of the girls eventually agreed to meet for sex with the surfers' middle-aged "friend" -- yet another fake persona he used, the state attorney general said Friday.
Earnings roundup: Flir Systems, XL Group
February 10, 2012, 2:17PM ET
Among the earnings stories for Friday, Feb. 10, from AP Business News:
First Solar shares plunge on project delay
February 10, 2012, 2:16PM ET
First Solar is warning that a construction delay is threatening to undo its sale of large solar project planned for Los Angeles County to the power producer Exelon Corp.
Grammys promise plenty of intrigue -- and music
February 10, 2012, 2:14PM ET
This year's Grammy Awards promises plenty of intrigue and drama -- much of it having little to do with the competition for awards.
Movers roundup: Cobalt International, Alexion
February 10, 2012, 2:14PM ET
Among the stock activity stories for Friday, Feb. 10, from AP Business News:
Romario criticizes 2014 WCup preparations again
February 10, 2012, 2:14PM ET
Former Brazilian star Romario has again criticized his country's preparations for the 2014 World Cup, saying he fears it faces embarrassment if work on outdated airports is not speeded up.
S&P cuts Egypt's sovereign rating
February 10, 2012, 2:13PM ET
Ratings agency Standard & Poor's has pushed Egypt's sovereign credit ratings deeper into junk status, citing declining foreign reserves and continued unrest.
Budget deficit drops to $27 billion in January
February 10, 2012, 2:12PM ET
The budget deficit fell sharply in January compared to a year earlier, as an improving economy lifts income tax revenue.
Nuance Communications drops as 1Q disappoints
February 10, 2012, 2:05PM ET
Shares of Nuance Communications Inc. tumbled Friday, after the voice software maker reported fiscal first-quarter results that fell short of Wall Street predictions. One analyst noted that revenue growth in the company's mobile division is slowing despite the increasing popularity of smartphones.
Greek PM says default would lead to "chaos"
February 10, 2012, 2:04PM ET
Greece's future in the eurozone grew increasingly precarious Friday as violence erupted on the streets of Athens and dissent grew among its lawmakers after European leaders demanded deeper spending cuts.
Budget deficit drops to $27 billion in January
February 10, 2012, 2:02PM ET
The budget deficit fell sharply in January compared to a year earlier, as an improving economy lifted income tax revenue.
2nd depo sought for convicted Fla. Ponzi schemer
February 10, 2012, 2:00PM ET
Convicted Ponzi schemer Scott Rothstein will undergo a second round of questioning under oath about the inner workings of his $1.2 billion fraud, a judge ruled Friday.
Wagging tails replace sad eyes in Westminster ads
February 10, 2012, 1:55PM ET
Pet lovers won't have to look away anymore when those heart-wrenching TV ads appear during the Westminster dog show -- the ones with the pitiful little faces peering out from behind those rusted bars of a cage and wondering "how I ended up in here."
US increases travel warning to 14 Mexican states
February 10, 2012, 1:54PM ET
The U.S. State Department recommends Americans avoid travel to all or parts of 14 of 31 Mexican states in the widest travel advisory since Mexico stepped up its drug war in 2006.
Top 20 Concert Tours from Pollstar
February 10, 2012, 1:54PM ET
The Top 20 Concert Tours ranks artists by average box office gross per city and includes the average ticket price for shows in North America. The previous week's ranking is in parentheses. The list is based on data provided to the trade publication Pollstar by concert promoters and venue managers.
Flir Systems 4Q net income up 9 percent
February 10, 2012, 1:50PM ET
Thermal imaging company Flir Systems Inc. said it boosted its profit margins during the fourth quarter, increasing net income by 9 percent even as its revenue fell.
