Associated Press

AP Top Business News At 6:35 a.m. EDT

Avoiding plane crashes as air traffic doubles
NEW YORK (AP) -- More travelers are flying than ever before, creating a daunting challenge for airlines: keep passengers safe in an ever more crowded airspace....

Study: 35 percent in US facing debt collectors
WASHINGTON (AP) -- More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute....

$1,000 pill now hepatitis C treatment of choice
WASHINGTON (AP) -- A $1,000-per-pill drug that insurers are reluctant to pay for has quickly become the treatment of choice for a liver-wasting viral disease that affects more than 3 million Americans....

BP warns of impact of Russia sanctions on profits
LONDON (AP) -- Energy company BP warned Tuesday that further international sanctions on Russia could hurt its profits because of its stake in the country's oil giant, Rosneft....

Aetna 2Q profit rises 2.4 percent
HARTFORD, Conn. (AP) -- Aetna Inc. (AET) on Tuesday reported profit that climbed by 2.4 percent in its second quarter, and topped analysts' expectations....

Asia stocks up, Europe subdued before US data
SEOUL, South Korea (AP) -- Asian stocks extended gains Tuesday ahead of U.S. and Chinese economic reports later this week while European markets were subdued amid the possibility of new sanctions against Russia. The South Korean stock market closed at a three-year high....

US, EU preparing new sanctions against Russia
BRUSSELS (AP) -- The United States and the European Union are preparing a powerful one-two punch against the Russian economy, with EU ambassadors meeting Tuesday to discuss a dramatic escalation in the trade bloc's sanctions....

Senate to vote on highway money as deadline looms
WASHINGTON (AP) -- The Senate is set to take up legislation to keep federal highway money flowing to states, with just three days left before the government plans to start slowing down payments....

Honda's quarterly profit up on Asian sales growth
TOKYO (AP) -- Honda's quarterly profit surged nearly 20 percent on demand for remodeled cars in Japan and elsewhere in Asia. The Japanese automaker also raised its full-year profit and sales forecasts....

Swiss bank UBS reports rise in profit
GENEVA (AP) -- Switzerland's biggest bank, UBS, reported Tuesday a 15 percent rise in second-quarter profit, driven by strong results from its core wealth management business and trimmed-down investment banking franchises despite a tough market environment....

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Avoiding plane crashes as air traffic doubles

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