By By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - The U.S. economy grew at a 2.7 percent annual rate from July through September, much faster than first thought. The strength is expected to fade in the final months of the year because of the impact of Superstorm Sandy and uncertainty
By By CANDICE CHOIAP Food Industry Writer
NEW YORK (AP) - The future of Twinkies is virtually assured.
Hostess Brands Inc. got final approval for its wind-down plans in bankruptcy court Thursday, setting the stage for its iconic snack cakes to find a second life with new owners - even as 18,000
By By ANTHONY McCARTNEYAP Entertainment Writer
LOS ANGELES (AP) - Lindsay Lohan was charged Thursday with crimes in New York and Los Angeles, marking her latest setbacks as she tries to revive her career and avoid a return to jail.
Prosecutors in Santa Monica charged Lohan with three
By By KELVIN CHANAP Business Writer
HONG KONG (AP) - General Motors Co. and its joint venture partners in China say they will spend 6.6 billion yuan ($1 billion) to build a third car plant to keep up with demand for vehicles in the world's biggest auto market.
The SAIC-GM-Wuling venture
By By MOHAMMED DARAGHMEH and KARIN LAUBAssociated Press
RAMALLAH, West Bank (AP) - Palestinians erupted in wild cheers Thursday, hugging each other, setting off fireworks and chanting "God is great" after the United Nations granted them, at least formally, what they have long yearned for - a
By By PAMELA SAMPSONAP Business Writer
BANGKOK (AP) - Asian stock markets posted gains Friday on optimism over a pair of positive U.S. economic reports and growing expectations that Washington will resolve a budget impasse before the end of the year.
Meanwhile, the release of an 880.3 billion
By By ERIC OLSONAP Sports Writer
OMAHA, Neb. (AP) - Derrick Marks scored a career-high 35 points, including 18 straight in the second half, and Boise State upset No. 11 Creighton 83-70 on Wednesday night.
The Broncos (5-1), who played No. 13 Michigan State within four points on the road last
By By KIMBERLY DOZIERAP Intelligence Writer
WASHINGTON (AP) - The controversial detention facility at Guantanamo Bay, Cuba, could be closed and the 166 detainees being held there could be absorbed safely by U.S. prisons, a government report says.
Many of the detainees are accused of plotting
By By MICHAEL LIEDTKEAP Technology Writer
SAN FRANCISCO (AP) - Microsoft believes the latest version of its Windows operating system is off to a great start, but it's going to take more than that to prove the revamped software will win over enough people to revive the slumping personal
By By ALEX VEIGAAP Real Estate Writer
Indian conglomerate Sahara India Pariwar now owns a majority stake in New York's Plaza Hotel, which is bought from Israeli real estate company El Ad US Holding Inc.
El Ad CEO Udi Erez said Wednesday that the transaction, valued at $575 million, closed