Business News

AP Top Business News at 5:31 p.m. EDT

Apple: Many 'genuine' Apple products on Amazon are fake
SAN FRANCISCO (AP) -- Apple says it has been buying Apple chargers and cables labeled as genuine on and has found nearly 90 percent of them to be counterfeit....

Not boring enough: Investors leave "low-volatility" funds
NEW YORK (AP) -- Whoa, give us back our money. We wanted something boring....

US stocks snap 2-day winning streak, close slightly lower
A day of mostly listless trading on Wall Street ended Thursday with U.S. stocks giving back modest gains from the day before....

Survey: More Americans now have access to bank accounts
NEW YORK (AP) -- More Americans have access to a checking or savings account, according to a survey released Thursday by federal regulators, a sign that the improving economy is helping lift the nation's poorest households....

US home sales rebounded in September despite tight supply
WASHINGTON (AP) -- More Americans bought homes in September, many for the first time, despite a persistent shortage of properties for sale....

Snoopy, Peanuts gang, cut loose by MetLife as it retools biz
Snoopy has been handed the pink slip....

Union asks court to reverse Wal-Mart trespassing order
LITTLE ROCK, Ark. (AP) -- A labor union that has demonstrated against Wal-Mart Stores Inc. asked the Arkansas Supreme Court on Thursday to reverse a judge's decision barring it from entering the retail giant's property for anything other than shopping....

US claims for unemployment benefits rise by 13,000
WASHINGTON (AP) -- The number of Americans seeking unemployment benefits rose to the highest level in five weeks but still remained close to the recent 43-year lows....

Obama: Health care law worked, but improvements needed
MIAMI (AP) -- President Barack Obama on Thursday defended his namesake health care program, long a target of Republicans and recently criticized by some Democrats, saying millions of Americans "now know the financial security of health insurance" because of the Affordable Care Act....

American Airlines 3Q profit falls on lower revenue
FORT WORTH, Texas (AP) -- More empty seats and higher labor costs are cutting into profit at American Airlines....

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