AP Business

Video: July 17: Stock Indexes End Week 7% Higher

Fri, 17 Jul 2009 21:01:38 +0000

Mixed earnings reports have investors switching out of high gear and into neutral, but the major indexes still posted huge gains for the week. (July 17)

Video: Mo. Car Dealer Offers Free AK-47 With New Truck

Fri, 17 Jul 2009 19:35:38 +0000

A Missouri car dealer is offering some firepower with its horsepower. Muller Max Motors is giving away AK-47 rifles to customers who buy a pick-truck in August. (July 17)

Video: Health Concerns Stir Investigation of Texas Town

Fri, 17 Jul 2009 19:14:43 +0000

Are cement plants in the small Texas town of Midlothian poisoning the air and making people sick? Residents there sure think so, and federal investigators are taking a look. (July 17)

Video: Money Minute: Bank Earnings Surprises

Fri, 17 Jul 2009 19:11:36 +0000

Surprising bank earnings, new home construction rises and Mark Cuban suit dismissed. The AP's Mark Hamrick reports. (July 17)

Video: Your Money: Disappearing Dividends

Fri, 17 Jul 2009 16:32:50 +0000

Publicly traded companies have reduced dividends a record 617 times between january and June of 2009. AP personal Finance Editor Trevor Delaney explains. (July 17)

Video: Iconic Chicago Skyscraper Sears Tower Renamed

Fri, 17 Jul 2009 00:59:46 +0000

The Sears Tower, one of the world's iconic skyscrapers and the tallest building in the U.S., was renamed the Willis Tower, marking a new chapter in the history of the giant edifice that has dominated the Chicago skyline for nearly four decades. (July 16)

Video: July 16: Tech Companies Lift Markets

Thu, 16 Jul 2009 21:51:58 +0000

Tech shares and a turn in sentiment from a prominent economist have pulled the market higher. (July 16)

Video: Lawmakers Accuse Paulson of Bending to Bank CEO

Thu, 16 Jul 2009 19:44:48 +0000

House lawmakers on Thursday accused former Treasury Secretary Henry Paulson of bending to the demands of a major bank and keeping negotiations of a hefty bailout secret in his rush to stabilize the financial markets last year. (July 16)

Video: Money Minute: Banks Find Footing

Thu, 16 Jul 2009 19:33:31 +0000

JPMorgan Chase reports billions in profits, a big name change in Chicago and foreclosures remain a big problem. The AP's Mark Hamrick reports. (July 16)

Video: 2 Black Boxes Found at Iranian Plane Crash Site

Thu, 16 Jul 2009 17:01:16 +0000

Iran's state radio is reporting that investigators have recovered two of the three black boxes from a Russian-made jetliner that crashed shortly after taking off from Tehran, killing all 168 people aboard. (July 17)

Video: ShowBiz Minute: Jackson, Winehouse, Spears

Thu, 16 Jul 2009 13:07:43 +0000

Video of Michael Jackson on fire in 1984 released; Amy Winehouse divorces; Britney Spears cancels Warsaw concert. (July 14)

Video: First Person: Google's 'Favorite Places'

Wed, 15 Jul 2009 23:36:18 +0000

At a press conference in San Francisco, Google Maps launched "Favorite Places" featuring My Maps created by local experts and trendsetters to showcase their favorite businesses and spots in cities around the world. (July 15)

Video: July 15: Intel Helps Pull Stocks Sharply Higher

Wed, 15 Jul 2009 21:36:12 +0000

Stocks surged Wednesday for the second time in three days as investors pounced on more evidence that the economy might not be as sickly as some had feared. (July 15)

Video: In Russia, Exclusive Village for the Ultra Rich

Wed, 15 Jul 2009 21:19:32 +0000

Finishing touches are being put on what may be one of the most exclusive housing developments in the world. The spread in Russia will be home to millionaires seeking palatial homes, golf and pool time. (July 15)

Video: Your Money: Earning With Garage Sales

Wed, 15 Jul 2009 20:17:54 +0000

It's been said that one man's trash is another man's treasure. And with bargain hunters out in force as a result of the recession, now could be the time to cash in with a garage sale. (July 15)

Video: Feds Investigate Foot-long Hole in Southwest Jet

Wed, 15 Jul 2009 19:53:17 +0000

Federal investigators are trying to determine how a foot-long hole opened in the top of a Southwest Airlines jet Monday. The plane was was forced to make an emergency landing. (July 15)

Video: Witness: Airliner in Iran 'Fell Out of the Sky'

Wed, 15 Jul 2009 17:00:27 +0000

A Caspian Airlines plane crashes in Iran, killing all 168 people on board, authorities say. The Russian-built Tupolev was heading for Armenia. (July 15)

Video: Raw Video: Hole Opens in Jet at 30,000 Feet

Wed, 15 Jul 2009 17:00:13 +0000

A passenger on a Southwest Airlines flight recorded video of a football-sized hole in a jet flying from Nashville to Baltimore. The plane made an emergency landing in West Virginia. Federal officials are investigating the incident. (July 15)

Video: Review: Via Processor Targets Intel's Domain

Wed, 15 Jul 2009 16:05:57 +0000

So far, Intel has had a near lock on supplying processors for netbooks _ those cheap, tiny laptops. But now, there's an alternative from a Taiwanese competitor, Via Technologies Inc. (July 15)

Video: AP Top Stories

Wed, 15 Jul 2009 16:01:49 +0000

Here's the latest news for Wednesday, July 15: Sotomayor faces more questions; Senate committee passes health care reform; At least 168 killed in Iran crash; Newborn giraffe.

Video: Metro Signaling System Continues to Malfunction

Wed, 15 Jul 2009 04:13:43 +0000

Transportation officials told lawmakers Tuesday that signaling equipment that's supposed to detect stopped Metro transit trains continues to fail periodically in the area where a deadly crash occurred in Washington. (July 14)

Video: Geithner: Force of Global Recession 'Receding'

Wed, 15 Jul 2009 03:31:02 +0000

Treasury Secretary Timothy Geithner spoke to Gulf Arab leaders Tuesday, stressing to some of America's top creditors the U.S. has a 'special responsibility' to steer the world through a recession that may finally be showing signs of easing. (July 14)

Video: Plane With Hole in Fuselage Earlier Had Cracks

Wed, 15 Jul 2009 03:14:56 +0000

A Southwest Airlines jet in which a football-size hole opened above the passenger cabin had troubles in its last inspection, which turned up eight cracks in the frame that required repairs. (July 14)

Video: Paws Up: All-pet Airline Hits Skies

Wed, 15 Jul 2009 01:10:37 +0000

One trip for their Jack Russell terrier in a plane's cargo hold was enough to convince Alysa Binder and Dan Wiesel that owners needed a better option for pet travel. On Tuesday, the first-ever all-pet airline, took off from New York. (July 14)

Video: July 14: Goldman Helps Push Stocks Higher

Tue, 14 Jul 2009 21:11:21 +0000

Solid results from Goldman Sachs helped steer the markets to a higher close Tuesday, but downbeat economic data helped keep stocks in check. (July 14)

Video: Are On-time Results in Air Travel a Mirage?

Tue, 14 Jul 2009 20:28:01 +0000

It's one of the most watched statistics in all of air travel. But, what if your flight could be delayed and still arrive 'on time'? The AP's Jason Bronis looks at the practice of padding flight schedules. (July 14)

Video: Southwest, Boeing Inspecting 737 Planes

Tue, 14 Jul 2009 19:20:14 +0000

Southwest Airlines and Boeing say they will inspect the 737-300 series of planes after a hole in the fuselage of an aircraft forced an emergency landing in Charleston, West Virginia. (July 14)

Video: Money Minute: Goldman, Retail, Energy

Tue, 14 Jul 2009 18:46:27 +0000

Goldman Sachs kicks off bank earnings, gas fuels sales and a green energy source. The AP's Mark Hamrick reports. (July 14)

Video: Raw Video: Stunt Plane Crashes in Germany

Tue, 14 Jul 2009 16:47:14 +0000

A family of three evaded what could have been a major, if not fatal, mishap after a double-decker stunt plane doing loops flew too low and collided with their car. The pilot also survived. (July 14)

Video: Israeli Mobile Phone Ad Upsets Palestinians

Tue, 14 Jul 2009 16:37:40 +0000

An Israeli mobile phone commercial showing soldiers playing soccer near Israel's West Bank separation barrier has angered Palestinians who say it is in poor taste and exploits their suffering. (July 14)

Video: Goldman Sachs Posts $2.72B Profit

Tue, 14 Jul 2009 16:33:41 +0000

Goldman Sachs said its second-quarter profit easily surpassed expectations as profit was buoyed by strength in its trading and underwriting businesses. (July 14)

Video: Hole in Plane Forces Emergency Landing

Tue, 14 Jul 2009 10:04:21 +0000

Southwest Airlines is inspecting nearly 200 of its aircraft overnight after a hole the fuselage of a plane forced an emergency landing in West Virginia. No passengers were hurt. (July 14)

Video: Cash-Strapped California Issues IOUs

Tue, 14 Jul 2009 03:37:24 +0000

Thousands of California creditors were left with fewer options for cashing IOUs issued by the state, as several major banks said they no longer will honor them. The state began issuing IOUs as a way to save cash amid a $26.3 billion deficit. (July 13)

Video: Money Minute: CIT Group Shares Dive

Mon, 13 Jul 2009 21:21:50 +0000

Shares of CIT Group continue to drop, an early preview of Microsoft's Office and a possible merger brews. The AP's Mark Hamrick reports. (July 13)

Video: July 13: Financials Pull Stocks Higher

Mon, 13 Jul 2009 20:49:21 +0000

Investors are betting that strength in banks will flow to the rest of the economy. (July 13)

Video: Money Minute: CIT Group Shares Dive

Mon, 13 Jul 2009 19:52:59 +0000

Shares of CIT Group continue to drop, an early preview of Microsoft's Office and a possible merger brews. The AP's Mark Hamrick reports. (July 13)

Video: Budget Deficit Tops $1 Trillion for First Time

Mon, 13 Jul 2009 19:52:11 +0000

The federal deficit has topped $1 trillion for the first time. (July 13)

Video: Your Money: Grandparents As Camp Counselors

Mon, 13 Jul 2009 18:38:31 +0000

The lingering economic slump has forced some cash-tight parents to go to Plan B when it comes to the kids this summer: Send them to the grandparents in lieu of camp. AP Personal Finance Editor Trevor Delaney explains. (July 13)

Video: New Housing Developments Aim for Artsy Look

Mon, 13 Jul 2009 17:33:58 +0000

Forget the cookie-cutter look, welcome to the new suburbs. Find out how developers in a Dallas suburb are attracting homeowners. (July 13)

Video: July 10: Stocks Fall As Earnings Fears Increase

Fri, 10 Jul 2009 20:50:11 +0000

Investors are in the midst of the longest losing streak since the market's spring rally began in early March. (July 10)

Video: Video: Car Doesn't Slow Before Rail Crossing

Fri, 10 Jul 2009 20:12:55 +0000

A surveillance video of the fatal car-train collision near Detroit Thursday reveals that a car carrying five young people never slowed down as it approached the crossing. (July 10)

Video: Money Minute: GM's Next Steps

Fri, 10 Jul 2009 19:57:29 +0000

The new GM plots its next steps, the trade gap narrows and a call for more regulation. The AP's Mark Hamrick reports. (July 10)

Video: GM Exits Bankruptcy, CEO Vows Better Performance

Fri, 10 Jul 2009 18:13:46 +0000

General Motors arose anew on Friday. The struggling automaker - held afloat by billions in government loans - made an unusually quick exit from bankruptcy protection with ambitions building cars people are eager to buy. (July 10)

Video: Geithner: Derivatives Blind-Sided the Government

Fri, 10 Jul 2009 15:30:11 +0000

The enormous scale of financial derivatives helped cripple the economy, Treasury Secretary Timothy Geithner told lawmakers Friday. (July 10)

Video: General Motors CEO Outlines New Plan

Fri, 10 Jul 2009 13:34:19 +0000

General Motors CEO Fritz Henderson says the new GM will be far faster and more responsive to customers than the old one and will focus on a streamlined product offering to maximize quality and efficiency. (July 10)

Video: Brewing N.J. Beer, One Exit at a Time

Fri, 10 Jul 2009 11:48:58 +0000

A homegrown brewery in the Garden State is brewing beer based on exits along the New Jersey Turnpike, matching locales with flavors. (July 10)

Video: New Jersey Transit Unveils Hi-tech Trains

Fri, 10 Jul 2009 05:59:19 +0000

Commuters in New York City are in for a surprise Friday, when new rail cars officially hit the tracks of the PATH train system for the first time in more than 20 years. (July 10)

Video: NTSB Finally Has Cause for Fossett Crash

Fri, 10 Jul 2009 02:29:35 +0000

Federal officials say the aircrash that killed entrepreneur Steve Fossett probably was caused by downdrafts that exceeded the ability of his small plane to recover before slamming into a California mountainside. (July 9)

Video: Train Hits Car in Mich., Kills 5 Teens in Sedan

Fri, 10 Jul 2009 01:56:25 +0000

An Amtrak passenger train carrying about 170 people struck a car at a road crossing near Detroit, killing all five people in the sedan, authorities said. (July 9)

Video: July 9: Financials, Material Stocks Lift Market

Thu, 09 Jul 2009 20:41:17 +0000

Investors have shown a greater appetite for risk, putting money back into banking ,industrial stocks and commodities. (July 9)