BP, 2 other companies cited over Gulf oil spill

Federal regulators on Wednesday cited oil company BP PLC and two other companies _ Transocean Ltd. and Halliburton _ for alleged safety and environmental violations stemming from last year’s rig explosion and massive Gulf oil spill.
The companies have 60 days to appeal the citations issued by the Interior Department’s Bureau of Safety and Environmental Enforcement.
The […]

Dexia shares plummet after partial nationalization

Shares in embattled bank Dexia plummeted 33 percent when they resumed trading Monday after the lender became the first major victim of a worsening credit squeeze in Europe.
Shares slid to 0.57 euro Monday afternoon in Brussels. They had been suspended Thursday as governments in Belgium, Luxembourg and France were figuring out how to save the […]

Group: war crimes by both sides in Ivory Coast

An international rights group says in a Thursday report that 13 military leaders from both sides of Ivory Coast’s political divide committed war crimes during months of postelection violence in the West African nation, and called on the government to prosecute all suspects equally.
Human Rights Watch also warned that the government’s failure to charge anyone […]

Apple unveils new iPhone 4S

CUPERTINO, CALIF.

Two St. Charles County developers admit mortgage fraud

ST. LOUISĀ 

Late-day rally sends stocks higher; Dow rises 143

Stocks are closing higher after another day of big swings.
Investors struggled to make sense of mixed economic reports Thursday. First-time applications for unemployment benefits fell and the government raised its estimate of economic growth in the April-June period. But a survey showed that chief executives of the nation’s largest companies are more pessimistic than they […]

Calls rise for global focus on creating jobs

World governments must not let their focus on spending cuts keep them from creating jobs that will be a key part of economic recovery, an international group of experts warned on Monday.
The Organization for Economic Cooperation and Development and the International Labor Organization say government support for the unemployed _ both with subsidies and job […]

Hurricane Hilary still churning up dangerous surf

Powerful Hurricane Hilary is moving away from Mexico but is still churning up dangerous surf in the Pacific.
Hilary was still a Category 4 storm late Saturday morning, with maximum sustained winds near 140 mph (225 kph).
The hurricane is not forecast to make landfall, but the U.S. National Hurricane Center says Mexico’s coast has been affected […]

Stocks mixed ahead of Fed statement

Stocks shifted between small gains and losses Wednesday morning as traders tried to anticipate what steps the Federal Reserve might take to stimulate the U.S. economy.
Concerns that Greece could fail to qualify for fresh bailout funds kept gains muted.
The Federal Reserve expects to announce the results of the central bank’s two-day policy meeting Wednesday afternoon.
Some […]

Worker aid program key to passing free trade deals

A half-century-old program that helps workers who lose their jobs to foreign trade holds the key to whether Congress may finally approve three long-delayed free trade agreements viewed by both the Obama White House and congressional Republicans as a way to invigorate the economy and create jobs.
It’s a classic Washington trade-off.
Many Democrats don’t like the […]