AP Top Business News At 5:54 a.m. EDT

Shelly Sterling talks about husband, Clippers sale
LOS ANGELES (AP) -- When Shelly Sterling was approached by former Microsoft CEO Steve Ballmer about buying the Los Angeles Clippers, the wife of disgraced team owner Donald Sterling did not know who Ballmer was. But in short order she convinced him that the team was worth an unprecedented $2 billion....

Malaysia Airlines to cut 6,000 staff in overhaul
KUALA LUMPUR, Malaysia (AP) -- Malaysia Airlines will cut 6,000 workers as part of a $1.9 billion overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters....

German economic fears growing but Merkel strong
BERLIN (AP) -- Ordinary Germans are spooked about the future. Businesses are starting to see black clouds on the horizon. And an economy that has been the envy of Europe is showing cracks, shrinking unexpectedly last quarter amid the conflict in Ukraine....

Worrying eurozone inflation sags again to 0.3 pct
FRANKFURT, Germany (AP) -- Inflation in the 18 countries that use the euro sank to 0.3 percent in August, a worrying sign of economic weakness that is putting pressure on the European Central Bank to take more drastic steps to keep a weak recovery from stalling completely....

Visual search to shop: gimmick or game changing?
NEW YORK (AP) -- Imagine using your phone to snap a photo of the cool pair of sunglasses your friend is wearing and instantly receiving a slew of information about the shades along with a link to order them....

US economy grew at brisk 4.2 pct. rate in Q2
WASHINGTON (AP) -- After a bleak start to the year, the U.S. economy grew at a brisk annual rate of 4.2 percent in the April-June quarter, the government said Thursday, slightly faster than it had first estimated....

Apple to unveil next products at Sept. 9 event
SAN FRANCISCO (AP) -- Apple's latest product launch will be in a setting that holds a special place in its history, signaling how big this event is for the company....

A flavor out of favor: Dog meat fades in S. Korea
SEOUL, South Korea (AP) -- For more than 30 years, chef and restaurant owner Oh Keum-il built her expertise in cooking one traditional South Korean delicacy: dog meat....

Japan stocks lead Asian declines after weak data
HONG KONG (AP) -- Tokyo stocks led declines in most Asian markets on Friday after Japanese economic data showed that the region's second biggest economy is struggling to recover from a sales tax hike....

Russian fund with US advisers eludes sanctions
WASHINGTON (AP) -- As President Barack Obama warns of stepped-up economic punishments against Russia for its military incursions inside Ukraine, U.S. sanctions have so far avoided one prominent financial institution: the $10 billion Russian Direct Investment Fund, which has partnered with brand-name American companies and whose advisers include top U.S. and European private equity executives....

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German economic fears growing but Merkel strong

As stocks rise, so does anxiety: Time to get out?

Abercrombie name to shrink from clothing

US bank earnings up 5.2 percent in 2Q

JPMorgan investigating possible cyberattack

Abercrombie, Williams-Sonoma are big market movers

How the Dow Jones industrial average did Thursday

US economy grew at brisk 4.2 pct. rate in Q2

US average rate on 30-year home loan 4.10 percent

Fed Chair Yellen's assets up 8 percent during 2013