WASHINGTON (AP) - Merrill Lynch has agreed to pay $131.8 million to settle U.S. civil charges that it misled investors about risky mortgage bonds it sold ahead of the 2008 financial crisis.
The Securities and Exchange Commission announced the settlement Thursday. Merrill Lynch was accused of
By ANNE D'INNOCENZIO and CANDICE CHOIAssociated Press
NEW YORK (AP) - Many Americans appear to be watching the annual holiday spending ritual from the sidelines this year.
Money is still tight for some. Others are fed up with commercialism of the holidays. Still others are waiting for bigger
By COLLEEN BARRYAssociated Press
SOAVE, Italy (AP) - For the first time in the five years of Italy's economic crisis, grass-roots protests expressing frustration if not deep anger at the political class are spreading across Italy.
Students are marching through cities and towns, small business
By TOM KRISHERAP Auto Writer
DETROIT (AP) - New cars and trucks sold in the U.S. last year got an average of 23.6 miles per gallon in combined city and highway driving, a record that came mainly through improvements to engines and transmissions, according to the Environmental Protection Agency.
By RICARDO ALONSO-ZALDIVARAssociated Press
WASHINGTON (AP) - Technology problems with President Barack Obama's health care website are forcing the administration to extend a federal insurance plan for some of the sickest patients by a month.
The Pre-Existing Condition Insurance Plan was
NEW YORK (AP) - Stocks are mixed in midday trading as prospects for a budget deal and more signs of a U.S. recovery suggest that the Federal Reserve may wind down its support for the economy.
The Dow Jones industrial average was down 83 points, or 0.5 percent, to 15,762 at noon Thursday. The Dow
By SCOTT MAYEROWITZAP Airlines Writer
WASHINGTON (AP) - As one part of the federal government looks to remove restrictions on making phone calls from airplanes, another agency is apparently considering its own prohibition.
Federal Communications Commission Chairman Thomas Wheeler told members of
SOFIA, Bulgaria (AP) - Bulgaria and Westinghouse Electric Co. have signed a preliminary agreement on the potential construction of an AP1000 unit at the only nuclear plant in the Balkan country, which relies heavily on Russia for its energy supplies.
Under Thursday's deal, Westinghouse will
By SARAH SKIDMORE SELLAP Business Writer
Hilton Worldwide Holdings Inc. shares jumped in initial trading Thursday as the company returns to the market in the largest hotel IPO ever.
The hotelier was taken private in 2007 by the Blackstone Group. It returned as a publicly traded company Thursday,
By NICHOLAS PAPHITIS and COSTAS KANTOURISAssociated Press
ATHENS, Greece (AP) - Greece is close to reaching a central target of its bailout agreements with international lenders, after beating expectations for its budget performance in the first 11 months of the year, the Finance Ministry said
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Emergency crews on the south hill were called to a car crash late Wednesday night.
Police say around 11:00pm a man was driving his SUV westbound on 37th when he went through the stop sign at Perry, hit a brick landscaping
The Grant County Sheriff's Office found a man outside of Moses Lake in the 2800 block of Road 5 NE Wednesday morning with a gunshot wound.
In a press release, the Sheriff's Office says the man was immediately airlifted to a hospital and is in critical condition. The Sheriff's
Operation Spokane Heroes and Northern Quest Casino teamed up to donate $10,000 in gift cards to military families in Spokane this holiday season.
They presented the gift cards this afternoon at the Central YMCA to Col. Brian Hill, Vice Commander of the 92nd Air Refueling Wing, who graciously