Posts Tagged Business

US stocks open higher; Yahoo soars in early trade

FILE- In this Friday, June 29, 2012, file photo Specialists Frank Masello, left, and John T. O'Hara work on the trading floor of the New York Stock Exchange in New York shortly before the closing bell. World stock markets rose Wednesday April 16, 2014 as China's slowdown in the first quarter was less severe than expected.    (AP Photo/David Karp, File)

Investors drove stock prices to their highest level in a week Wednesday, encouraged by a crop of corporate earnings and reassuring U.S. and Chinese economic data.

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Uruguay’s leader declares $322,883 in wealth

In this Oct. 25, 2009, file photo Uruguay's President Jose Mujica stands in a tractor on his flower farm on the outskirts of Montevideo, Uruguay. Mujica has declared $322,883 in wealth in 2014. Uruguay's president has been labeled “the poorest president in the world,” but his sworn declaration in 2014 shows a 74 percent increase since 2012. He says that’s because didn’t put his money, about $104,000, in bank accounts until recently. (AP Photo/Matilde Campodonico, File)

MONTEVIDEO, Uruguay (AP) — President Jose Mujica says his wealth adds up to $322,883. Nearly a third of that is cash, kept in three bank accounts that Uruguay’s leader didn’t previously declare.

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Bucks owner Herb Kohl reaches deal to sell team

MILWAUKEE (AP) — Bucks owner Herb Kohl has reached a deal to sell the franchise to New York investment firm executives Marc Lasry and Wesley Edens.

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If filed, plane lawsuits might not get heard in US

Relatives of Chinese passengers on board the missing Malaysia Airlines 370 wait in a room after walking out to protest the difficulties of communicating with Malaysian officials through video conferencing in Beijing, China, Wednesday, April 16, 2014. A robotic submarine looking for the lost Malaysian jet continued its second seabed search on Wednesday as up to 14 planes were to take to the skies for some of the final sweeps of the Indian Ocean for floating debris from the ill-fated airliner. (AP Photo/Ng Han Guan)

BEIJING (AP) — Since Malaysia Airlines Flight 370 went missing, some lawyers have claimed they can get several millions of dollars in damages for each lost passenger by taking the cases to the United States. But past lawsuits show U.S. federal courts are more likely to throw such cases out if the crashes happened overseas.

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Kohl to make announcement on Bucks’ ownership

MILWAUKEE (AP) — Former Sen. Herb Kohl has called a news conference to discuss the ownership of the Milwaukee Bucks and the team’s future.

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