By DANICA KIRKAAssociated Press
LONDON (AP) - British bankers could soon be facing harsher penalties for behaving badly.
After a year which has seen major scandals involving rate-rigging, money-laundering and rogue-trading rock the UK's financial industry, an influential parliamentary committee
MILAN (AP) - The former head of the Italian aerospace and defense giant Finmeccanica goes on trial in a case involving alleged bribes to win a 560 million euro ($670 million) helicopter contract in India.
Giuseppe Orsi, who resigned in February, faces corruption charges in a case that has tarnished
STOCKHOLM (AP) - Swedish fashion retailer Hennes & Mauritz AB on Wednesday said profits fell by 11 percent in the second quarter due to the strong Swedish krona and increased markdowns as it tried to shift its products.
The company said its net profit for the March-May period dropped to 4.66
LE BOURGET, France (AP) - Boeing Co. says it is selling 30 of its new generation 737-MAX 8 jets, extending the popularity of the fuel-efficient short-haul aircraft at the Paris Air Show.
The 737-MAX 8 planes have a list price of $100.5 million, although most customers negotiate steep discounts.
By STEPHEN OHLEMACHERAssociated Press
WASHINGTON (AP) - The Internal Revenue Service is about to pay $70 million in employee bonuses despite an Obama administration directive to cancel discretionary bonuses because of automatic spending cuts enacted this year, according to a GOP senator.
By MARY CLARE JALONICKAssociated Press
WASHINGTON (AP) - A wide-ranging farm bill the House is considering would cut food stamps by $2 billion a year and make it more difficult for some people to qualify for the domestic food aid program.
Passage of the five-year, half-trillion-dollar farm bill
By ERICA WERNER and DAVID ESPOAssociated Press
WASHINGTON (AP) - Supporters of a far-reaching immigration bill in the Senate see fresh momentum from a report by the Congressional Budget Office that says the measure would boost the economy and reduce federal deficits by billions of dollars.
By PAMELA SAMPSONAP Business Writer
BANGKOK (AP) - The price of oil fell Wednesday, before the conclusion of a U.S. Federal Reserve meeting.
Benchmark oil for July delivery fell 13 cents to $98.31 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The
By YOUKYUNG LEEAP Business Writer
SEOUL, South Korea (AP) - Asian markets were mostly lower Wednesday as investors waited for an update on the U.S. economy from the U.S. Federal Reserve.
The results of a two-day Fed policy meeting will likely ripple through stock markets once investors learn
By ELAINE KURTENBACHAP Business Writer
TOKYO (AP) - Japan's trade deficit rose nearly 10 percent in May to 993.9 billion yen (nearly $10.5 billion), highlighting the challenge Prime Minister Shinzo Abe faces in revitalizing manufacturing as industries increasingly shift production offshore.
UPDATE: The female driver has been identified as Jennifer A. Schmidt of Spokane Valley. The male driver has been identified as Sean D. Moss. Both Schmidt and Moss were life-flighted by Medstar to Sacred Heart. The State Patrol says both vehicles were totaled and both drivers were wearing seatbelts
By MARCIA DUNNAP Aerospace Writer
CAPE CANAVERAL, Fla. (AP) - NASA has eight new astronauts - its first new batch in four years.
Among the lucky candidates: the first female fighter pilot to become an astronaut in nearly two decades. A female helicopter pilot also is in the group. In fact, four of
PRESS RELEASE FROM THE SPOKANE VALLEY POLICE DEPT: On Tuesday, June 18, 2013, at 9:15 a.m., Spokane Valley Sheriff's Deputies responded to a person with a weapon call near the area of 13600 E. 20th Ave. Deputies arrived on scene and found the victim homeowner detaining the suspect, later