• WASHINGTON, July 17- Foreclosure activity in the United States dropped last month to the lowest level since July 2006, before the housing bubble burst, and likely will continue to drop through the first half of next year, an industry group said on Thursday.

  • U.S. Air Force seeking bids to launch spy satellite Wednesday, 16 Jul 2014 | 5:27 PM ET

    CAPE CANAVERAL, Fla., July 16- The U.S. Air Force released the first of up to eight solicitations for space launch services outside of its controversial, exclusive, multibillion-dollar agreement with United Launch Alliance, a partnership of Lockheed Martin and Boeing.

  • Former NM governor Anaya settles SEC fraud charges Wednesday, 16 Jul 2014 | 5:03 PM ET

    The SEC announced Wednesday that Anaya was one of four people charged with concealing from investors that two lawbreakers ran the company, Natural Blue Resources Inc.. The SEC said Anaya has cooperated extensively with the investigation.

  • 5 money saving tips for exchanging currency Wednesday, 16 Jul 2014 | 1:26 PM ET

    NEW YORK— Headed overseas for summer vacation? It's easy to get hit with extra fees and expensive exchange rates when switching currencies. Most purchases should be done on the credit card, says James Gambaccini, a certified financial planner at Acorn Financial Services.

  • Smith named regional exec for Berkshire Hathaway Wednesday, 16 Jul 2014 | 11:56 AM ET

    DOTHAN, Ala.— The Berkshire Hathaway Media Group has announced that Steve Smith will be regional publisher for its Alabama division. Smith will oversee the Dothan Eagle, Opelika-Auburn News, Enterprise Ledger, Eufaula Tribune, Dothan Progress and Jackson County Floridian in Mariana, Florida.

  • CSX optimistic long-term but predicts flat 3Q Wednesday, 16 Jul 2014 | 10:25 AM ET

    OMAHA, Neb.— CSX is optimistic about its long-term performance, but the railroad's profit during this quarter will likely be relatively flat. The company discussed its second-quarter results Wednesday after edging out Wall Street profit expectations.

  • Pets' amenities rising trend for homebuilders Wednesday, 16 Jul 2014 | 9:43 AM ET

    Standard Pacific Homes is building and selling homes in 27 developments from Florida to California and is believed to be the first to offer a pet suite as an option in every one. Standard Pacific, based in Irvine, decided to offer pet suites after conducting livability studies with homeowners.

  • BMW recalls 1.6M 3-Series cars for air bag problem Wednesday, 16 Jul 2014 | 8:43 AM ET

    DETROIT— BMW is expanding a recall of its most popular models to fix an air bag problem that is hitting much of the global auto industry. Air bag inflators in systems made by Takata Corp. can rupture. The problem is responsible for millions of recalled vehicles during the past few years made by manufacturers such as Chrysler, Ford, Honda, Mazda, Nissan and Toyota.

  • After 16 hours, an exit from stalled casino boat Wednesday, 16 Jul 2014 | 8:42 AM ET

    SAVANNAH, Ga.— After more than 12 hours, passengers stranded on a casino boat that ran aground off Georgia's coast were ferried to shore Wednesday aboard two Coast Guard cutters.

  • The industry is ripe for consolidation, says Larry Haverty, GAMCO analyst, sharing his thoughts on the media industry and Time Warner's rejection of 21st Century Fox's bid.

  • The "Squawk Box" crew and Leon Cooperman, Omega Advisors chairman & CEO, discuss the broken deal between Time Warner and 21st Century Fox.

  • Ash Williams, Florida State Board of Administration, discusses the Sunshine State's successful pension investment strategy.

  • Commercial shipment arrives at space station Wednesday, 16 Jul 2014 | 6:39 AM ET

    A private cargo ship launched three days ago from Virginia arrived at the orbiting complex a little after 1030 GMT. It's the third space station shipment for Orbital Sciences Corp. NASA is paying Orbital Sciences as well as the SpaceX company to haul up supplies.

  • CSX railroad's 2Q profit chugs ahead 2 percent Tuesday, 15 Jul 2014 | 5:01 PM ET

    OMAHA, Neb.— CSX Corp. said Tuesday its second-quarter profit chugged ahead 2 percent as the economy continued to improve, so the railroad is investing an additional $100 million in its network.

  • FARNBOROUGH, England, July 15- U.S. military officials have approved limited flights for Lockheed Martin's F-35 fighter jets, but the Pentagon said the newest U.S. combat jet would not make its international debut before potential buyers this week.

  • CVS to buy South Florida Hispanic pharmacy chain Tuesday, 15 Jul 2014 | 2:54 PM ET

    MIAMI— CVS Caremark is set to buy a South Florida drugstore chain that has historically catered to Hispanic customers. CVS announced the agreement to acquire Navarro Discount Pharmacy on Monday after stock markets had closed.

  • WASHINGTON, July 15- The Pentagon said on Tuesday it had decided not to send Lockheed Martin F-35 fighter jets to a UK air show amid mechanical problems with the world's most expensive weapons project.

  • House votes to slash IRS tax enforcement budget Tuesday, 15 Jul 2014 | 11:48 AM ET

    The House approved the cuts by voice vote after little debate Monday night as it took up a $21 billion spending bill that sets the IRS budget.

  • Tobacco firm Reynolds American to buy Lorillard Tuesday, 15 Jul 2014 | 7:28 AM ET

    Camel cigarette maker Reynolds American Inc.' s $25 billion deal to buy Newport maker Lorillard Inc. creates a formidable No. 2 tobacco company in the U.S. behind Marlboro maker Altria.

  • FARNBOROUGH, England, July 15- U.S. military officials have approved limited flights for Lockheed Martin's F-35 fighter jets, improving the chances of the newest U.S. combat jet making its international debut before potential buyers this week.