Business News

AP Top Business News At 4:54 a.m. EDT

Kerry pushes Asia trade pact in Singapore
SINGAPORE (AP) -- U.S. Secretary of State John Kerry called Tuesday for countries negotiating a major Pacific Rim trade deal to overcome differences that have stalled its conclusion....

Rebooting Greece: how to get its economy going again
ATHENS, Greece (AP) -- After so much pain, Greece must now figure out how to get its economy back on its feet....

Greek stock market suffers second day of losses
ATHENS, Greece (AP) -- The Greek stock market is suffering a second day of losses since reopening, with banks shares down the most....

Fire sale on stuff that burns: Oil, natural gas, coal down
NEW YORK (AP) -- These days it seems whatever can be burned to power a car, heat a home, make electricity or ship people and goods around the globe is being sold at bargain basement prices....

Asia stocks uneven as China data weigh on confidence
TOKYO (AP) -- Global stocks were uneven Tuesday as weak Chinese manufacturing weighed on sentiment and investors looked ahead to a U.S. jobs report later this week that could cement expectations for a Fed interest rate hike....

US auto sales strong in July on SUV, luxury demand
DETROIT (AP) -- More Americans are buying cars that say "look at me."...

BMW Q2 earnings slip on China, costs for new models
FRANKFURT, Germany (AP) -- German luxury automaker BMW saw net profit slip 1 percent in the second quarter amid higher launch costs for new vehicles and a tougher market in China, a major pillar of its profits....

Obama's power plant climate plan shifts to courts, states
WASHINGTON (AP) -- President Barack Obama sought to clamp down Monday on power plant emissions with a federal plan that - if successful - would attempt to slow global warming by dramatically shifting the way Americans get and use electricity....

Alpha is latest coal producer to seek bankruptcy protection
NEW YORK (AP) -- Alpha Natural Resources Inc., one of the country's biggest coal producers, became the latest in a string of coal companies to seek bankruptcy protection amid an historic shift in the electric power sector brought on by cheap natural gas and stricter pollution regulations....

UK state raises $3.3 billion from first sale of RBS stake
LONDON (AP) -- The U.K. government said Tuesday it sold 5.4 percent of taxpayer-owned Royal Bank of Scotland for 2.1 billion pounds ($3.3 billion) as it begins to shed a majority stake acquired at the height of the financial crisis in 2008....

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Up to the Minute
BMW Q2 earnings slip on China, costs for new models

UK state raises $3.3 billion from first sale of RBS stake

Oil prices slide as worries about global supply glut mount

Pimco says SEC may take action against its total return fund

Rates rise at weekly US Treasury auction

Your mutual fund may have Greek stocks, but just a smidgen

US manufacturing growth slows in July

Delta says it's banning shipment of hunting 'trophies'

How the Dow Jones industrial average fared on Monday

GM ignition switch deaths, injuries total 398

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