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AP Top Business News At Noon EDT

Family Dollar spurns Dollar General takeover bid on antitrust issues, backs Dollar Tree deal
MATTHEWS, N.C. (AP) -- Family Dollar is rebuffing Dollar General's takeover bid, citing antitrust issues. The discounter's board supports its existing merger with Dollar Tree....

Justice Dept. announces nearly $17 billion settlement with Bank of America
WASHINGTON (AP) -- The government has reached a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis, the Justice Department announced Thursday....

Accounting obscurities mean US settlement with Bank of America might not cost bank $17 billion
WASHINGTON (AP) -- How much will Bank of America's expected $17 billion mortgage settlement cost the company? The answer is, almost certainly not that much....

S&P 500 approaches another record high close; Hewlett-Packard gains on earnings
NEW YORK (AP) -- U.S. stocks are moving mostly higher, pushing the Standard & Poor's 500 index closer toward another record close....

US existing home sales rise for 4th straight month in latest sign of housing rebound
WASHINGTON (AP) -- Sales of existing U.S. homes rose for the fourth straight month in July to their highest level in nearly a year, the latest sign that the housing recovery is picking up after stumbling at the start of the year....

United Airlines is improving first class meal offerings in push to win over business travelers
NEW YORK (AP) -- To win the hearts of frequent business travelers, United Airlines is going through their stomachs....

Honda retools subcompact Fits to make them more crash-resistant after flunking safety test
DETROIT (AP) -- When the subcompact Fit failed a crash test, Honda went back to the drawing board....

Sears 2nd-quarter loss widens as retailer continues to deal with sluggish sales
HOFFMAN ESTATES, Ill. (AP) -- Sears Holdings Inc. recorded a hefty second-quarter loss Thursday on another sales slump, raising more concerns about the future of a company that once was a staple of American shopping....

Applications for US jobless aid fall by 14K to 298K, another sign the job market is healing
WASHINGTON (AP) -- Fewer people applied for U.S. unemployment benefits last week, another sign the job market is improving....

California honey production dries up amid record drought; Beekeepers feel the financial sting
LOS BANOS, Calif. (AP) -- California's record drought hasn't been sweet to honeybees, and it's creating a sticky situation for beekeepers and honey buyers....

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Officials finalize prescribing restrictions on the most-abused painkiller in the US

Honda retools subcompact Fits to make them more crash-resistant after flunking safety test

US existing home sales rise for 4th straight month in latest sign of housing rebound

States with the biggest changes in jobless aid applications, and some reasons, at a glance

Measure of economy's future health posts 0.9 percent rise in July, biggest gain since March

Applications for US jobless aid fall by 14K to 298K, another sign the job market is healing

Sears 2nd-quarter loss widens as retailer continues to deal with sluggish sales

Family Dollar spurns Dollar General takeover bid on antitrust issues, backs Dollar Tree deal

Survey of business activity shows eurozone economy growing slowly after stalling in Q2

Berkshire Hathaway to pay $896,000 penalty for not notifying regulators about 2013 USG deal


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