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Fed scales back 2 emergency lending programs
WASHINGTON — The Federal Reserve on Thursday said it is further scaling back two emergency lending programs as the economy improves.The Fed will reduce the amount of money available to banks…
Correction: Newsday Publisher Resigns story
NEW YORK — In a Sept. 23 story about the resignation of Timothy Knight as publisher of Newsday, The Associated Press erroneously attributed quotes to Newsday spokeswoman Deidra Parrish Williams that…
GMAC to offer new dealership incentives
NEW YORK — GMAC Financial Services, the former financing arm of General Motors Co., is making a new push to recapture its share in the auto financing business by offering incentives…
Feds file bomb plot charge against terror suspect
WASHINGTON — Terror suspect Najibullah Zazi has been indicted on a charge of trying to detonate bombs in the United States.Zazi is to appear in court in Denver on a count…
5 Wash. bikini baristas accused of prostitution
EVERETT, Wash. — Police say five Washington state baristas charged customers to touch their breasts and buttocks at an Espresso stand where servers wear bikinis to draw business.The five were charged…
AP Source: Citi retail plan focuses on 6 markets
NEW YORK — Citigroup Inc. appears to be shifting its strategy in its U.S. retail banking business, focusing on its strongest markets rather than trying to expand across the country.Citi, one…
Health care issues: Shopping for insurance
A look at key issues in the nation's health care debate:THE ISSUE: Is there an easier, more transparent way for consumers to shop for health insurance?THE POLITICS: Most Americans under age…
Ecclestone urges Briatore to appeal life ban
SINGAPORE — Formula One boss Bernie Ecclestone urged Renault team principal Flavio Briatore to appeal his life ban from Formula One for organizing Nelson Piquet Jr.'s crash at the 2008 Singapore…
Zimbabwe court stops top company from firing boss
HARARE, Zimbabwe — Riot police have prevented shareholders of one of Zimbabwe's largest companies from gathering after a judge issued an order postponing the meeting for two weeks.Dozens of executives in…
McCormick & Co. 3Q profit climbs on acquisition
SPARKS, Md. — Food and seasonings maker McCormick & Co. said Thursday that its third-quarter profit rose 10 percent, helped by the acquisition of Lawry's and cost cuts.The company also increased…
Struggling Japan Airlines seeks public money
TOKYO — The president of Japan Airlines said Thursday the money-losing carrier is applying for public funds to help turn around a company that's been pummeled by the downturn in global…
Toys R Us makes its bets on holiday toys
NEW YORK — The nation's biggest toy-store chain is placing its holiday bets — and because the stakes are high, the prices are lower.If Toys R Us' testing is any indication,…