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Hilo, Hawaii News, Sports, and Information
AP Top Business News At 9:20 a.m. EDT

US consumer spending edges up in June
WASHINGTON (AP) -- Consumer spending in June rose by the smallest amount in four months as shoppers cut back on purchases of cars and other big-ticket items....

Obama heralds impact of power plant greenhouse gas limits
WASHINGTON (AP) -- Calling it a moral obligation, President Barack Obama unveiled the final version of his plan to dramatically cut emissions from U.S. power plants, as he warned anew that climate change will threaten future generations if left unchecked....

Greek stock market bloodbath as exchange reopens
ATHENS, Greece (AP) -- Greece's top companies lost billions in market value in a matter of minutes on Monday, when the stock exchange plunged upon reopening after a five-week closure and investors worried over a dramatic new drop in the economy....

US auto sales strong in July on SUV, luxury demand
DETROIT (AP) -- American drivers want to get noticed again....

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....

AT&T, as new owner of DirecTV, offers TV-wireless discount
NEW YORK (AP) -- AT&T customers will save $10 a month and get a single bill for their TV and wireless services under a new package the company is offering after its $48.5 billion purchase of satellite TV company DirecTV 10 days ago....

Sears sales fall sharply in 2Q as it spins off real estate
HOFFMAN ESTATES, Ill. (AP) -- Sears Holdings Corp. says a key sales figure fell sharply in the second quarter, particularly dragged down by weakness at its namesake stores. It's at least the 10th straight quarter that the metric has declined....

US stocks drop, led by fall in energy stocks
NEW YORK (AP) -- U.S. stocks fell on Monday, led by a slumping energy sector as the price of oil continued to fall. Investors were also watching the latest earnings releases. Tyson Foods dropped after cutting its earnings outlook for the year....

Son demotes dad in battle for control of S. Korean retailer
SEOUL, South Korea (AP) -- A family battle for control of South Korea's largest retailer has erupted in public after the group's 92-year-old founder was demoted to a powerless role in the business by his youngest son....

AP-GfK poll: Americans favor farmers & food during drought
LOS ANGELES (AP) -- When water gets scarce and the government slaps restrictions on its use, who should be first in line at the spigot? Farmers, according to an Associated Press-GfK poll....

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
Oil prices slide as worries about global supply glut mount

FDA clears first 3-D printed prescription drug

Alpha is latest coal producer to seek bankruptcy protection

US stocks drop, led by fall in energy stocks

US manufacturing growth slows in July

US auto sales strong in July on SUV, luxury demand

Kraft recalls cheese slices for choking risk

Archer Daniels Midland completes sale of chocolate business

Get Started: Employee or freelancer? Govt issues opinion

US construction spending rose a slight 0.1 percent in June