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Carmakers don't see European recovery this year

By COLLEEN BARRY and SARAH DILORENZOAssociated Press GENEVA (AP) - It is still a tough time to be a European carmaker. Profits are falling as idle factories produce more costs than cars. And fewer consumers are buying new cars. Yet despite the gloom, automakers began the rollout of new models at

Dow surges to record ... and keeps going

By STEVE ROTHWELLAP Business Writer NEW YORK (AP) - The Dow Jones industrial average closed at an all-time high Tuesday, beating the previous record it set in October 2007, before the financial crisis and Great Recession. The Dow rose 125.95 points to 14,253.77, an increase of 0.89 percent. The

Afghan court sentences Kabul Bank execs to 5 years

By RAHIM FAIEZ and HEIDI VOGTAssociated Press KABUL, Afghanistan (AP) - Two Kabul Bank executives were sentenced to five years in prison Tuesday after being convicted of misappropriating millions of dollars in a massive corruption scandal that led to the collapse of Afghanistan's largest bank

House, debris over Fla. sinkhole to be removed

By TAMARA LUSHAssociated Press SEFFNER, Fla. (AP) - Authorities hope to get a better look at a sinkhole that swallowed a man in his Florida home once demolition crews knock down the remaining walls of the house Monday and begin clearing away the debris. The remainder of the house and its contents