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Google's 2Q Earnings Rise, But Miss Target (Jul-15, 21:03 EDT )-- The letdown announced Thursday stemmed from Google's expanding payroll and a run-up in the U.S. dollar that has been driven by fears that the euro will crumble if governments in Greece, Spain, Portugal and Italy default on their perilously high debts.
Olive Oil Study Questions 'Extra Virgin' Claims (Jul-15, 17:52 EDT )-- Researchers analyzed popular brands and found 69 percent of imported oils and 10 percent of domestic oils sampled did not meet the international standards that define the pure, cold-pressed, top-quality olive oils.
Goldman Pays $550 Million to Settle Fraud Case (Jul-15, 17:49 EDT )-- The bank, which did not admit wrongdoing, settled a claim that it misled investors in a subprime mortgage product.
BP Says That Oil Flow Has Stopped as Cap Is Tested (Jul-15, 17:36 EDT )-- Oil stopped gushing into the Gulf of Mexico for the first time in nearly three months, as BP began testing the cap atop its stricken well.
Loss Narrows in Quarter for Intel Rival, A.M.D. (Jul-15, 16:57 EDT )-- A.M.D. would have made money were it not for a loss related to its investment in factories it spun off a year ago.
J&J Laying Off Hundreds To Fix Problems At Plant (Jul-15, 16:56 EDT )-- The factory in Trenton, N.J., has been idled over repeated recalls of Tylenol and other popular nonprescription medicines. About 300 of the 400 positions at the factory will be eliminated while it is out of service for what Johnson & Johnson is calling...
Google Shares Fall as Earnings Disappoint (Jul-15, 16:40 EDT )-- The company’s revenue beat analysts’ expectations, but its profit missed expectations.
High & Low Finance: Private Sector’s Health Determines a Nation’s Risk (Jul-15, 16:07 EDT )-- Corporate strength , an economist argues, is a better gauge of debt problems than gross domestic product growth, or even government debt.
Goldman To Pay $550M To Settle SEC Charges (Jul-15, 16:01 EDT )-- Goldman Sachs has agreed to pay $550 million to settle civil fraud charges that accused the Wall Street giant of misleading buyers of mortgage-related investments. Michele Norris talks with NPR's Tamara Keith about the settlement.
BP Says Cap Has Stopped Flow Of Oil Into Gulf (Jul-15, 15:26 EDT )-- The flow of oil into the Gulf of Mexico was halted this afternoon as BP began an "integrity test" of a new cap on the Deepwater Horizon well. Scientists are watching the pressure that is building up under the cap to make sure that no oil is leaking...
BP: New Cap Has Stopped Flow Of Gulf Oil (Jul-15, 14:48 EDT )-- Company officials say the cap is keeping oil from gushing for the first time since April -- the most significant milestone yet in BP's effort to control the biggest oil spill in U.S. history. Engineers dialed down the flow to test the cap and are...
Apple Plans iPhone Announcement (Jul-15, 14:00 EDT )-- Apple plans to hold a press conference Friday to discuss the latest iPhone amid complaints that if users hold the phone over a certain spot, signal strength is drastically reduced. Consumer Reports magazine has refused to endorse the phone until the...
Senate Passes Sweeping Financial Overhaul Bill (Jul-15, 14:00 EDT )-- President Obama and the Democrats scored another major legislative victory Thursday. The Senate passed a broad bill to overhaul financial regulations. The measure rewrites the rules for Wall Street to try to avoid crises like the 2008 economic meltdown...
Gulf Fund Administrator: Payments Coming Soon (Jul-15, 14:00 EDT )-- Kenneth Feinberg, administrator of the $20 billion BP oil spill fund, met with Gulf Coast residents Thursday in a series of town hall meetings. Feinberg said payments to residents and businesses will begin in early August. Robert Siegel speaks with NPR...
Doctors Face Dilemma Over Prescribing Avandia (Jul-15, 14:00 EDT )-- A panel of experts voted Wednesday to recommend that the FDA keep the diabetes drug Avandia on the market despite findings that the drug increases the risk of heart attacks and strokes. Now it is up to doctors to decide when the benefits of taking...
Boeing Lifts Long-Range Forecast (Jul-15, 13:28 EDT )-- The U.S, plane maker cited expectations of steady air traffic growth in Asia's emerging markets and the rapid expansion of low-cost carriers in Europe.
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