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Hilo, Hawaii News, Sports, and Information
AP Top Business News at 1:00 a.m. EDT

Asian stocks mostly higher following US lead
MANILA, Philippines (AP) -- Asian stocks were mostly up Tuesday after U.S. stock indexes moved solidly higher, recovering some of last week's steep declines....

Who created bitcoin? The long search may not be over
SAN FRANCISCO (AP) -- Who is Satoshi Nakamoto? For many in the tech world, the identity of bitcoin's elusive creator has been a long-running parlor game. And the speculation might not be over....

Bitcoin's creator unmasks himself _ well, maybe
LOS ANGELES (AP) -- The mystery creator of the digital currency bitcoin has finally stepped forward. Or has he?...

AP EXPLAINS: What is bitcoin? A look at the digital currency
NEW YORK (AP) -- Bitcoin is a type of digital currency that allows people to buy goods and services and exchange money without involving banks, credit card issuers or other third parties. Its origins have long been a mystery - though an Australian man long rumored to have ties to bitcoin has come forward claiming to be its creator....

Puerto Rico skips bond payments, says Congress must help
SAN JUAN, Puerto Rico (AP) -- A spiraling Puerto Rico debt crisis reached a new milestone as the island missed nearly $370 million on a bond payment Monday and officials warned of worse to come if the U.S. Congress doesn't help it dig out from a mountain of debt....

Halliburton, Baker Hughes eye future after merger scuttled
DALLAS (AP) -- Halliburton and Baker Hughes, whose planned merger is the latest big deal to be shot down by antitrust regulators, now must pick up the pieces and shore up their companies during a severe slump in oil and gas drilling....

Survey: China manufacturing slowed in April
BEIJING (AP) -- Chinese manufacturing activity weakened further in April despite government stimulus, a survey showed Tuesday, indicating the economy has yet to rebound from a downturn....

Q&A: Puerto Rico's debt crisis, what it means for muni bonds
NEW YORK (AP) -- Puerto Rico's worsening debt crisis is dimming the economic outlook for the U.S. territory and putting pressure on Congress to help resolve the situation but it is having little effect on the market for municipal bonds and most investors....

Germany wants to extend border controls for another 6 months
BERLIN (AP) -- Germany and some other EU countries are planning to ask the European Commission for an extension of border controls within the Schengen passport-free travel zone for another six months because they fear a new wave of migrants....

INSIDE WASHINGTON: Ag groups seek exemption from scrutiny
NEW YORK (AP) -- Congress is pushing the Agriculture Department to exempt the groups behind promotional campaigns like "Incredible, Edible Egg" and "Pork, the Other White Meat" from public scrutiny of their internal operations despite recent controversy....

Business Video
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
Survey: Upcoming election makes small business owners wary

Rates drop at weekly US Treasury bill auction

US stocks rise as some tech companies recover

Business Highlights

Sports Authority plans to sell assets

Q&A: Puerto Rico's debt crisis, what it means for muni bonds

Halliburton and Apollo Education trade higher, Baidu skids

Halliburton, Baker Hughes eye future after merger scuttled

Markets Right Now: U.S. stock indexes post solid gains

Buffett praises Fed but warns of unintended consequences