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AP Top Business News At 7:08 a.m. EDT

US economy likely showed big rebound last quarter
WASHINGTON (AP) -- After a dismal start to the year reflecting a harsh winter, the U.S. economy showed signs of rebounding in the spring, with many forecasters expecting growth to be even stronger in the second half of the year....

Russia's central bank supports sanctions targets
MOSCOW (AP) -- Russia's central bank promised to support financial institutions hit by U.S. sanctions as stocks took a tumble in Moscow on Wednesday....

Escaping email: Inspired vision or hallucination?
SAN FRANCISCO (AP) -- Dustin Moskovitz is plotting an escape from email....

How Asana hopes to purge the scourge of email
Asana is a service created to minimize the need for workplace email by serving as a one-stop shop for assigning work, sharing ideas, posting important updates and tracking the progress of projects....

WellPoint 2Q tops Wall Street expectations
INDIANAPOLIS (AP) -- WellPoint's second-quarter profit fell 8.6 percent as expenses tied to changes in the nation's health care laws climbed....

Toyota remains at top in sales after first half
TOKYO (AP) -- Toyota remains No. 1 in global vehicles sales after the first six months of this year, followed by Volkswagen which bumped General Motors out of second place as the U.S. automaker grapples with a recall scandal....

Processing issue delays bar exam submissions
DALLAS (AP) -- Florida-based testing software provider ExamSoft Worldwide Inc. said a processing issue has caused delays for bar exam takers in multiple states who were submitting their answers....

Twitter 2Q results soar, stock flies high
NEW YORK (AP) -- The little blue bird is flying high. Stronger-than-expected financial results pushed Twitter's stock sharply higher on Tuesday after the short messaging service said its revenue more than doubled in the second quarter....

Europe shares drift ahead of data; Asia gains
TOKYO (AP) -- World markets were mostly higher Wednesday ahead of U.S. economic data while cheery earnings from major Japanese companies such as Honda Motor Co. boosted Asian stocks....

Airbus expects stable revenue despite order loss
PARIS (AP) -- European aerospace company Airbus says it expects its revenue to remain stable this year despite a big cancellation recently for some of its large A350 planes....

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US economy likely showed big rebound last quarter

WellPoint 2Q tops Wall Street expectations

Spain economic growth at fastest pace since 2007

German central bank chief: higher wages justified

The man responsible for Hilton's grand turnaround

Small cars fare poorly in crash tests

As Fed meets, key issues likely to stay unanswered

Biotech drugmaker Amgen laying off at least 2,400

American Express 2Q profit rises 9 percent