Business

Pot industry's bank bid rejected by federal regulators
The marijuana industry is hoping a federal judge will force regulators to let pot businesses access the banking system by setting up its own credit union.
Facebook's Zuckerberg and wife are expecting a daughter
Facebook CEO Mark Zuckerberg and his physician wife, Priscilla Chan, are expecting a baby.
US wage growth falls to record-slow pace in 2nd quarter
U.S. wages and benefits grew in the spring at the slowest pace in 33 years, stark evidence that stronger hiring hasn't boosted pay. The slowdown also reflects a sharp drop-off in bonus and incentive pay.
Online viewers won't miss Super Bowl ads shown on TV
Next year, you won't have to worry about missing the buzziest commercials of the Super Bowl if you can't get to a TV.
Amazon makes 'Dash' buttons available to Prime members
Amazon wants to make the connected home a little more connected ... to your shopping list.
US stocks little changed as investors react to earnings
U.S. stocks were mixed in early trading Friday, as investors reacted to some disappointing quarterly earnings. Declines were led by energy companies after two big oil companies reported a slump in earnings.
Hollywood's Relativity Media files for bankruptcy protection
Relativity Media, the struggling "mini major" Hollywood studio behind movies such as "Immortals" and "Mirror Mirror," has filed for Chapter 11 bankruptcy protection.
Facebook ready to test giant drone for Internet service
Facebook says it will begin test flights later this year of a solar-powered drone with the wingspan of a Boeing 737, the next stage of its campaign to deliver Internet service to remote parts of the world.
OPEC chief expects oil prices to stabilize
OPEC and Russia say they expect the global oil market to become more balanced and stable next year after the recent sharp drops.
Average US rate on 30-year mortgage falls to 3.98 percent
Average long-term U.S. mortgage rates fell for a second straight week, with the key 30-year rate slipping below 4 percent.
Stocks open lower in US after some weaker company results
Stocks declined in early trading Thursday, following disappointing results from several big companies including Procter & Gamble and Facebook. A positive report on U.S. economic growth did little to help the market.
Applications for US jobless aid rise to still-low 267,000
More people sought U.S. unemployment benefits last week, though the increase was from a very low level and the figures still point to a healthy job market.
US economy posts solid 2.3 percent growth rate in Q2
After a harsh winter, the U.S. economy posted a solid rebound in the April-June quarter, led by a surge in consumer spending and a recovery in foreign trade.
Fed holds steady on rates, seeks further economic gains
The Federal Reserve appears on track to raise interest rates later this year but is signaling that it wants to see further economic gains and higher inflation before doing so.
Twitter stock plunges as user growth stalls
Tepid user growth and ongoing uncertainty about its leadership are dragging Twitter's stock to its lowest level in over a year even though the short-messaging service reported sharply quarterly higher revenue.
Whirlpool recalls 40,000 Jenn-Air ovens due to burn risk
Whirlpool is recalling more than 40,000 of its Jenn-Air brand ovens after customers reported burns due to faulty oven racks.
Microsoft debuts Windows 10: Why it's being given away free
Microsoft debuted its new Windows 10 operating system Wednesday, in what the company hopes will be a pivotal moment in its bid regain its sway in a world where the PC is no longer king.
Yahoo plays catch-up in messaging with video texting app
Imagine making a video call without other people being able to listen in.
Lew gets more than 1 million comments on currency redesign
Treasury Secretary Jacob Lew says he's gotten more than a million responses to his request for comments on how U.S. currency should be redesigned and recommendations for what woman should become the first female on U.S. paper money in more than a century.
US pending home sales slip in June
The number of signed contracts to buy homes fell in June, as limited supplies of homes on the market are holding back possible sales growth.
IMF's Lagarde: World economy fragile, faces downside risks
International Monetary Fund chief Christine Lagarde says the world economy is recovering but fragile and "faces some downside risks."
Average US vehicle age hits record 11.5 years
In the age of Apple's CarPlay, a lot of cars on the road still have tape decks.
2 houses from 'Breaking Bad' for sale in Albuquerque
Two houses featured on the hit AMC TV series "Breaking Bad" are up for sale in Albuquerque.
Nissan's quarterly profit up on cheap yen, US sales growth
Nissan's April-June profit jumped 36 percent as the Japanese automaker benefited from a cheap yen and better sales in the U.S. and Europe.
Sirius XM matches Street 2Q forecasts
Sirius XM Holdings Inc. reported strong subscriber growth, a second-quarter profit and raised its outlook for the year on Tuesday.
S&P revises Brazil's outlook to negative
Standard & Poor's Ratings Services says it is revising the outlook for Brazil's foreign-currency debt from stable to negative.
Senator objects to anti-terrorism rules for online sites
Oregon Democratic Sen. Ron Wyden is blocking a bill that would require social media and online sites like Google, Yahoo, Twitter and Facebook to alert federal authorities of any terrorist activity.
Judge cuts damages in Jeep fire death from $150M to $40M
A Georgia judge has cut the damages that Fiat Chrysler must pay the family of a child who died in a Jeep SUV fire from $150 million to $40 million.
Obama administration wants to give prisoners Pell grants
Education Secretary Arne Duncan says the Obama administration wants to expand the Pell grant program to prisoners.
Motorola refreshes Android phones, offers better cameras
Motorola is refreshing its Android smartphones with better cameras and other improvements.
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