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AP Top Business News At 1:41 p.m. EDT

Social Security's $300M IT project doesn't work
WASHINGTON (AP) -- After spending nearly $300 million on a new computer system to handle disability claims, the Social Security Administration still can't get it to work. And officials can't say when it will....

Air Algerie flight 'probably crashed' in Mali
ALGIERS, Algeria (AP) -- An Air Algerie flight carrying 116 people from Burkina Faso to Algeria's capital disappeared from radar early Thursday over northern Mali during a rainstorm, officials said. France deployed fighter jets to search for wreckage and the country's president said the plane most likely crashed....

Wal-Mart names new CEO of US discount division
NEW YORK (AP) -- Wal-Mart is replacing the chief of its U.S. discount stores in what could be an indication that it's losing confidence that its largest business unit will rebound after more than a year of disappointing results....

More US girls now getting cervical cancer vaccine
NEW YORK (AP) -- More teen girls are getting a controversial cervical cancer vaccine but the increase isn't much of a bump, the government reported Thursday....

US stocks rise at midday on stronger earnings
NEW YORK (AP) -- U.S. stocks edged higher in midday trading Thursday as investors digested second-quarter results from companies across several industries, including Facebook, Ford and Caterpillar....

IMF cuts US and global growth forecasts for 2014
WASHINGTON (AP) -- The International Monetary Fund foresees the global economy expanding less than it had previously forecast, slowed by weaker growth in the United States, Russia and developing economies....

GM profit 2Q falls 85 pct. on recall costs
DETROIT (AP) -- Recall expenses chopped $1.5 billion from General Motors' bottom line in the second quarter, as it added up the costs of repairs for nearly 30 million cars and set aside funds to compensate victims of small-car crashes....

Ford 2Q net profit up 6 percent to $1.3 billion
DEARBORN, Mich. (AP) -- Ford Motor Co. beat Wall Street's expectations in the second quarter as it chalked up a record profit in North America and made money in Europe for the first time in three years....

Morgan Stanley paying $275M to settle SEC charges
WASHINGTON (AP) -- Morgan Stanley has agreed to pay $275 million to settle U.S. civil charges that it misled investors about risky mortgage bonds it sold ahead of the 2008 financial crisis....

United Airlines posts 2Q profit, reversing 1Q loss
CHICAGO (AP) -- United Airlines is making money after a slow start to the year....

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
Wal-Mart names new CEO of US discount division

US airlines to resume flights to Israel

Morgan Stanley paying $275M to settle SEC charges

GM profit 2Q falls 85 pct. on recall costs

Dunkin' pushing cashiers to 'upsell' in afternoons

IMF cuts US and global growth forecasts for 2014

Ford 2Q net profit up 6 percent to $1.3 billion

Union Pacific 2Q profit chugs ahead 17 percent

US new-home sales plummet in June

Average US 30-year mortgage rate at 4.13 pct.