GMtoday.com
 LATEST NEWS
 Top Stories
 U.S.
  Severe Weather
  Bird Flu
 World
  Castro
  Mideast Crisis
  Iraq
 Business
 Personal Finance
 Technology
 Sports
  Sports Columns
  NASCAR
  Baseball
  College Hoops
  NBA
  NHL
  Tennis
  Golf
 Entertainment
 Health
 Science
 Politics
 Washington
 Offbeat
 Podcasts
 Blogs
 Weather
 Raw News
 NEWS SEARCH
 
 Archive Search
 SPECIAL SECTIONS
 Multimedia Gallery
 AP Video Network
 Today
 in History
 Corrections
AP Top Business News At 9:19 a.m. EDT

US paychecks grow at record-slow pace in 2nd quarter
WASHINGTON (AP) -- U.S. wages and benefits grew in the spring at the slowest pace in 33 years, stark evidence that stronger hiring isn't lifting paychecks much for most Americans. The slowdown also likely reflects a sharp drop-off in bonus and incentive pay for some workers....

Higher wages a surprising success for Seattle restaurant
SEATTLE (AP) -- Menu prices are up 21 percent and you don't have to tip at Ivar's Salmon House on Seattle's Lake Union after the restaurant decided to institute the city's $15-an-hour minimum wage two years ahead of schedule....

Arctic-bound ship leaves Portland after oil drilling protest
PORTLAND, Ore. (AP) -- Authorities used boats, personal watercraft, poles and their bare hands to remove protesters in kayaks and hanging from bridges who had tried to block a Royal Dutch Shell icebreaker bound for an Arctic drilling operation....

Exxon misses 2Q profit forecasts
IRVING, Texas (AP) -- Exxon Mobil Corp. (XOM) on Friday reported second-quarter profit of $4.19 billion....

In Miami, Clinton set to call for lifting Cuba embargo
MIAMI (AP) -- Hillary Rodham Clinton on Friday will call on Congress to end the trade embargo the U.S. has imposed against Cuba since 1962....

Russia's central bank cuts key interest rate
MOSCOW (AP) -- The Russian Central Bank cut its key interest rate by 0.5 percentage points to 11 percent on Friday, bowing to the pressure of businesses to make lending more accessible....

Searchers scour beaches in hopes of unlocking MH370 mystery
SAINT-ANDRE, Reunion (AP) -- Searchers scored Reunion's shoreline for debris and investigators prepared to load a sea-encrusted wing fragment onto a plane bound for France on Friday to learn whether the aircraft remnant could help unlock the mystery of missing Malaysia Airlines Flight 370....

Honda records 20 pct profit rise on yen, despite recalls
TOKYO (AP) -- Japanese automaker Honda reported Friday a 20 percent jump in fiscal first quarter profit on the back of a cheap yen that offset the damage from a massive air bag recall....

Airbus takes 290M euro charge for military transport crash
FRANKFURT, Germany (AP) -- Plane maker Airbus Group SE said Friday its net profit rose 5 percent in the second quarter to 732 million euros ($805 million) despite a one-time charge stemming from the crash of one of its military transport planes in Spain....

3 ex-TEPCO execs to face criminal charges in nuclear crisis
TOKYO (AP) -- A Japanese judicial committee has decided that three former utility executives should face criminal charges and stand trial for their alleged negligence in the Fukushima nuclear disaster....

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
US paychecks grow at record-slow pace in 2nd quarter

Exxon misses 2Q profit forecasts

Italian bank Intesa SanPaolo Q2 profits more than double

Lloyds bank first half net income up 15 percent

Swiss central bank reports hefty 2nd-quarter loss

Allegiant executives were flying plane that ran low on fuel

Amgen hikes 2015 forecast after 2Q increase in profit, sales

Business Highlights

Spring rebound for US economy sets stage for Fed rate hike

High-end indoor cycling chain SoulCycle files to go public