AP COVERAGE

AP Top Business News at 5:52 a.m. EDT

LG Electronics' profit up on TV, appliance but mobile in red
SEOUL, South Korea (AP) -- LG Electronics Inc. said Thursday its second-quarter net income jumped 19 percent thanks to strong sales of high-end TVs and home appliances that outweighed another quarterly loss in its handset business....

World shares mixed as investors await Bank of Japan decision
HONG KONG (AP) -- World stock benchmarks were uneven Thursday as investors digested an upbeat Fed assessment of the U.S. economy that raised the prospect of further rate hikes, while anticipating more stimulus from Japan....

Regulators propose huge overhaul of debt collection industry
NEW YORK (AP) -- The Consumer Financial Protection Bureau proposed a massive overhaul of the multibillion dollar debt-collection industry on Thursday, which would restrict collectors from calling numerous times a day, require them to have more documentation on what's owed, and give people more ability to dispute their bills....

Another survey points to Brexit fallout for Britain
LONDON (AP) -- A broad-based European Union survey shows economic sentiment has taken a battering in Britain in the wake of the country's vote to leave the bloc, but has remained resilient elsewhere in Europe....

Facebook is pushing more people to an app they didn't choose
SAN FRANCISCO (AP) -- Facebook is once again getting pushy about how people message one another....

Lloyds cuts 3,000 jobs as Brexit fears take shape
LONDON (AP) -- Britain's Lloyds Banking Group said Thursday it plans to eliminate 3,000 jobs and close 200 branches - the first big cuts announced since Britain voted to leave the European Union....

VW sees second quarter profit halved after emissions scandal
BERLIN (AP) -- Volkswagen says second-quarter profits fell by more than half compared with the same period last year, before the company was hit by the emissions cheating scandal....

5 cool things to do with Facebook Messenger
NEW YORK (AP) -- You'd be wrong to think that Facebook's Messenger app is all about messaging....

Shell sees Q2 earnings fall 72 percent amid oil drop
LONDON (AP) -- Royal Dutch Shell said Thursday that second-quarter earnings fell 72 percent as low oil prices weigh on the profitability of the Anglo-Dutch energy giant....

Credit Suisse turns 2Q profit, down sharply from a year ago
GENEVA (AP) -- Credit Suisse says second-quarter net profit plunged 84 percent as the Swiss bank pressed on with a restructuring and revaluation of its investment banking portfolio....

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Up to the Minute
World shares mixed as investors await Bank of Japan decision

SoftBank profit up 19 pct as Japan sales offset Sprint loss

Repsol Q2 profit down 30 percent due to restructuring costs

AstraZeneca says 2Q earnings fell 22 percent

Business Highlights

Mercedes-Benz Vans breaks ground on $500M US plant

Whole Foods says key sales figure falls again

Twitter and Akamai skid; Apple and Edwards climb

Fed's more upbeat tone suggests rate hike as early as Sept.

Markets Right Now: US stocks end mostly lower