Thai PM hopeful floods will spare most of Bangkok

Thailand’s prime minister expressed optimism Sunday that the country’s worst flooding in a half-century would mostly spare Bangkok, as some dikes overflowed but the capital’s […]

US stocks open lower after Thursday’s big rally

Stocks are falling after a strong rally that left the Standard & Poor’s 500 index on track for its best month since 1974.
Markets surged Thursday […]

Norfolk Southern 3Q profit, revenue rise

Freight railroad Norfolk Southern says third-quarter profit rose 24 percent on higher rates.
Net income was $554 million, or $1.59 per share, compared with $445 million, […]

Novartis plans 2,000 jobs cuts despite profit rise

Swiss pharmaceutical giant Novartis AG said Tuesday it will cut 2,000 jobs as drug prices come under pressure from governments seeking to reduce health care […]

No deal yet on euro crisis as the danger grows

True to form, European leaders on Sunday put off the tough decisions needed to save the continent from its debt crisis but promised that a […]

Stocks rally on stronger earnings, hope on European debt

U.S. stocks surged Friday, lifting two major indexes into weekly gains, as optimism ahead of a weekend European Union summit, the past days’ economic data, […]

AutoNation net income up 24 percent

AutoNation Inc. says that its third-quarter profit rose 24 percent on higher new and used vehicle prices.
The nation’s largest auto dealership chain said Thursday that […]

Social Security to hand out first raises since ‘09

Social Security recipients will get a raise in January _ their first increase in benefits since 2009. It’s expected to be about 3.5 percent.
Some 55 […]

Hugo Chavez travels to Cuba for medical tests

Venezuelan President Hugo Chavez returned to Cuba on Sunday to undergo a series of medical tests to evaluate his cancer treatment.
The president, who finished what […]

Yemen says US strike kills al-Qaida media chief

American drone strikes in southern Yemen have killed nine al-Qaida-linked militants, including the media chief for the group’s Yemeni branch and the son of a […]