- Judge's order reopens questions about what Paterno knew when Updated: May-06-16 2:53 pm
PHILADELPHIA - A new legal document that claims a boy told Joe Paterno in 1976 that Jerry Sandusky had molested him has dropped like a bombshell and reignited debate about what the Penn State coach knew about his longtime assistant decades before his arrest.
- Stock market shakes off an early loss and turns higher Updated: May-06-16 2:47 pm
NEW YORK - Stocks were turning modestly higher in afternoon trading Friday, after the U.S. government's disappointing jobs report added to speculation that the Federal Reserve might keep interest rates low for another year. Investors were also weighing tepid U.S. earnings reports and persistent weakness in the global economy.
- A Trump proposal for national debt would send rates soaring Updated: May-06-16 2:44 pm
WASHINGTON - In the event that the U.S. economy crashed, Donald Trump has floated a recovery plan based on his own experience with corporate bankruptcy: Pay America's creditors less than full value on the U.S. Treasurys they hold.
- Correction: Panama money laundering story Updated: May-06-16 2:27 pm
PANAMA CITY - In a story May 5 about the arrest of a businessman from Panama on money laundering charges, The Associated Press incorrectly described Abdul Waked's relationship with Nidal Waked. He is Nidal Waked's uncle, not his father.
- Workers are losing ground as Atlantic City casinos struggle Updated: May-06-16 1:59 pm
ATLANTIC CITY, New Jersey - Atlantic City's casino workers are making only 80 cents an hour more now than they did 12 years ago, having opted instead to secure benefits like health insurance and retirement plans as the casino industry shrunk and four properties went out of business.
- Intesa SanPaolo earnings slide on weaker trading, charges Updated: May-06-16 11:47 am
MILAN - The CEO of Italy's second-largest bank, Intesa SanPaolo, said Friday that its contribution to a fund supporting weaker lenders in the country will be capped at the 845 million euros ($966 million) already pledged.
- Markets Right Now: Stocks waver following weak jobs report Updated: May-06-16 9:44 am
NEW YORK - The Latest on Financial Markets (all times local):
- Aquino's pick for Philippine president banks on clean image Updated: May-06-16 8:26 am
MANILA, Philippines - A U.S.-educated investment banker and the richest Philippine presidential aspirant, Mar Roxas lacks the dramatic life stories of his rivals, including a tough-talking mayor with a public vow to dump criminals in Manila Bay and a foundling who made it big in politics.
- Obama administration proposed rules aimed at tax evasion Updated: May-05-16 9:03 pm
WASHINGTON - The Obama administration on Thursday announced a set of financial regulations that would force companies to disclosure more information about their owners, part of an effort billed as a crackdown on tax evaders and money launderers.
- Want to sue your bank? Regulators push to make it easier Updated: May-05-16 4:23 pm
NEW YORK - If government regulators get their way, it's going to become a lot easier to sue your bank.
- Fund manager Q&A: Utilities good bet in volatile market Updated: May-05-16 3:23 pm
Funds that hold utilities stocks have been top performers this year as investors sought shelter from a turbulent stock market.
- Montana high court upholds award over mortgage foreclosure Updated: May-05-16 3:15 pm
HELENA, Montana - The Montana Supreme Court has upheld $426,000 in damages and attorney's fees awarded to a couple who sued a loan servicing company alleging it violated federal and state laws in repeatedly trying to foreclose on their house.
- Zimbabweans hunt for US cash as shortages bite Updated: May-05-16 10:34 am
HARARE, Zimbabwe - Severe shortages of U.S. dollars that are used as local currency in Zimbabwe have forced many residents to become cash hunter-gatherers.
- Ex-TierOne executives to pay over $3.1 million in fraud case Updated: May-04-16 6:58 pm
LINCOLN, Nebraska - Three former bank executives must pay over $3.1 million for their roles in a fraud scheme that led to Lincoln-based bank's collapse.
- Oklahoma governor signs autism insurance measure, 6 others Updated: May-04-16 6:13 pm
OKLAHOMA CITY - Oklahoma Gov. Mary Fallin has signed seven pieces of legislation into law, including a bill that requires health insurers to cover the treatment of children with autism.
- Grand jury indicts sailor for bank fraud, identity theft Updated: May-04-16 4:55 pm
NORFOLK, Virginia - A federal grand jury has indicted a U.S. Navy sailor who authorities say assumed the identities of members of his command to fraudulently obtain loans.
- Europe Central Bank to halt production of 500-euro bills Updated: May-04-16 4:11 pm
FRANKFURT, Germany - Production of the 500-euro banknote is being discontinued amid concerns it had become too popular among crooks and money launderers.
- Insurer Anthem picks new chief financial officer Updated: May-04-16 3:48 pm
INDIANAPOLIS - Health insurer Anthem is changing chief financial officers as it works to close its $48 billion purchase of rival health insurer Cigna.
- Change is in the works for Humana ACA exchange participation Updated: May-04-16 3:18 pm
Humana became the latest health insurer to serve notice that it might leave some Affordable Care Act exchanges next year, creating more uncertainty for customers ahead of this fall's enrollment window and presidential campaign, during which the law is sure to remain a hot debate topic.
- Supreme Court orders hearing over judge disqualification Updated: May-04-16 2:47 pm
HELENA, Montana - A hearing should be held to determine if a state judge should have disqualified himself from a case in which he approved a $10 million settlement to be paid by an insurance company without the company's input, the Montana Supreme Court ruled.
- DocuTap sells majority stake to global private equity firm Updated: May-04-16 2:46 pm
SIOUX FALLS, South Dakota - Sioux Falls-based electronic medical records company DocuTap said it has sold a majority stake to global private equity firm Warburg Pincus.
- Clarification: Health Insurance Rates story Updated: May-04-16 2:42 pm
PORTLAND, Oregon - In a story May 3, The Associated Press reported that A majority of Oregon's health insurance companies are proposing rate hikes for the individual and small group markets in 2017. The story should have made clear that federal officials said for about 71 percent of Oregon consumers the higher insurance rates will be balanced by tax credits.
- ICE backs away from bid for London Stock Exchange Updated: May-04-16 11:01 am
ATLANTA - Intercontinental Exchange has jettisoned plans to acquire the London Stock Exchange.
- Jimmy Carter's cancer treatment inspires new Georgia law Updated: May-03-16 4:16 pm
ATLANTA - Georgia's governor has signed a bill inspired by former President Jimmy Carter's cancer treatment.
- Australia cuts key interest rate to record low 1.75 percent Updated: May-03-16 2:00 am
CANBERRA, Australia - Australia's central bank on Tuesday cut its benchmark interest rate to a record low 1.75 percent as it responded to a low outlook for inflation.