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UAE construction giant faces rare labor strike

UAE construction giant faces rare labor strike
DUBAI, United Arab Emirates (AP) - United Arab Emirates-based construction company Arabtec says it's working to resolve a rare strike by laborers seeking higher wages. Labor protests are uncommon across the Gulf Arab states, which depend on workers mostly from South Asia for vital construction

Yahoo takes big leap with $1.1B deal for Tumblr

Yahoo takes big leap with $1.1B deal for Tumblr
By MICHAEL LIEDTKEAP Technology Writer SAN FRANCISCO (AP) - Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times. The deal announced Monday represents Mayer's boldest move yet since she left

Chesapeake names Anadarko executive as new CEO

Chesapeake names Anadarko executive as new CEO
OKLAHOMA CITY (AP) - Chesapeake Energy has named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO. The appointment of the 46-year-old Lawler comes after a tough year during which Chesapeake's board ousted its founder and the company worked to shore up its finances. The new CEO

US futures subdued as investors take stock

US futures subdued as investors take stock
NEW YORK (AP) - U.S. stock futures are relatively flat as investors take a breather and some analysts wonder how long the bull-market run can last. Dow Jones industrial average futures are down 7 points to 15,308. The broader S&P 500 is down less than a point at 1,662.3. Nasdaq futures are down

Actavis buying Warner Chilcott in $8.5B deal

Actavis buying Warner Chilcott in $8.5B deal
By MICHELLE CHAPMANAP Business Writer NEW YORK (AP) - Actavis is buying Warner Chilcott in an all-stock transaction valued at about $8.5 billion which would create the third-biggest specialty pharmaceutical company in the U.S. The announcement on Monday comes after the two companies said earlier

China asks NKorea to release fishing boat, crew

China asks NKorea to release fishing boat, crew
By LOUISE WATTAssociated Press BEIJING (AP) - China is urging North Korea to release a Chinese fishing boat whose owner says it was seized by gun-toting North Koreans earlier this month and held for ransom, in the latest irritant in relations between the neighboring allies. Boat owner Yu Xuejun,

Economists predict increase in consumer spending

Economists predict increase in consumer spending
WASHINGTON (AP) - Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists. The economists predict that the U.S. economy will grow 2.4 percent this year and 3 percent next year. That's unchanged from

Senators require fingerprinting at 30 airports

Senators require fingerprinting at 30 airports
By DAVID ESPO and ERICA WERNERAssociated Press WASHINGTON (AP) - Senate supporters of far-reaching immigration legislation accepted minor changes in public while negotiating over more sweeping alterations in private Monday as they drove toward expected Judiciary Committee approval by mid-week. In a

Obama cites Myanmar reforms during leader's visit

Obama cites Myanmar reforms during leader's visit
By MATTHEW PENNINGTON and NEDRA PICKLERAssociated Press WASHINGTON (AP) - In a long-awaited White House visit, President Barack Obama on Monday told Myanmar's president that he appreciates the Asian leader's efforts to lead the country in "a long and sometimes difficult, but ultimately

Russian oligarchs foot most of 2014 Sochi Olympics

Russian oligarchs foot most of 2014 Sochi Olympics
By NATALIYA VASILYEVAAP Business Writer SOCHI, Russia (AP) - The mountains of Sochi are now home to Potanin's slope, Gazprom's gondola lift and Sberbank's ski jump. The nicknames used by locals and an army of construction workers leave no doubt about who is paying for the 2014 Winter

Most Popular Stories

WATCH LIVE: Clay Starbuck Trial Happening Now; Accused Of Murdering His Ex Wife

WATCH LIVE: Clay Starbuck Trial Happening Now; Accused Of Murdering His Ex Wife
SPOKANE, Wash. – The trial of Clay Starbuck, charged with killing his ex-wife Chanin and sexually violating her remains, entered its third week Monday at the Spokane County Courthouse. Chanin Starbuck was found strangled to death in her Deer Park home in December of 2011, and Clay

Logan Mayes Arrested for Hit and Run

Logan Mayes Arrested for Hit and Run
PULLMAN -- Pullman police arrested Washington State linebacker Logan Mayes for a hit and run last Thursday. The incident led to Mayes' arrest May 16th just after 6:30 p.m. on NE Westwood Drive. A WSU spokesperson told SWX that the coaches are aware of the situation and it will remain a

First lady to high school grads: Live your dreams

First lady to high school grads: Live your dreams
By ERIK SCHELZIGAssociated Press NASHVILLE, Tenn. (AP) - First lady Michelle Obama has some advice for some Tennessee high school graduates: Strike your own path in college and life and work to overcome inevitable failures with determination and grit. Mrs. Obama spoke for 22 minutes to the