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  • CORDOVA, Md.— Mike Geske wants a drone. Watching a flying demonstration on Maryland's Eastern Shore, the Missouri farmer envisions using an unmanned aerial vehicle to monitor the irrigation pipes on his farm— a job he now pays three men to do. Bowling, president of the National Corn Growers Association, says he would like to buy one for his Maryland farm to help him...

  • WASHINGTON— After July Fourth fireworks and parades, members of Congress return to work Tuesday facing a daunting summer workload and a pending deadline to fund the government or risk a shutdown in the fall. Republicans are eager to avoid another Capitol Hill mess as they struggle to hang onto control of Congress and try to take back the White House next year.

  • *Greece concerns hang over markets. NEW YORK, July 2- The U.S. dollar index fell from a three-week high on Thursday as chances of a U.S. interest rate hike as soon as September took a hit following a weaker-than-expected U.S. payrolls report, while Wall Street and world stock markets also ticked down. Across the Atlantic, Greece was headed to a referendum on Sunday that...

  • *IMF warns Greece needs debt extension. July 2- U.S. stocks extended losses on Thursday after the International Monetary Fund warned Greece may need a large debt writeoff, and muted U.S. jobs data dampened the economic outlook. "The market seems to be paying more attention to what may happen with Greece as well as whether or not wage growth will pick up," said Omar...

  • US STOCKS-Wall St turns negative as IMF warns on Greece Thursday, 2 Jul 2015 | 12:13 PM ET

    *IMF warns Greece needs debt extension. July 2- U.S. stocks turned negative after the International Monetary Fund warned Greece may need a further large debt writeoff, and weak U.S. jobs data dampened the economic outlook. "The market seems to be paying more attention to what may happen with Greece as well as whether or not wage growth will pick up," said Omar Aguilar,...

  • July 2- U.S. stocks rose on Thursday after data showed job growth slowed in June, indicating that the U.S. If anything, it buys the Fed a little more time before the first rate hike, "said Wilmer Stith, a fixed income portfolio manager at Wilmington Trust in Baltimore. The Fed has kept short-term rates near zero since December 2008, resulting in reduced borrowing costs...

  • WASHINGTON, July 2- U.S. job growth slowed in June and Americans left the labor force in droves, tempering expectations for a September interest rate hike from the Federal Reserve. Nonfarm payrolls increased 223,000 last month, with construction employment unchanged and the mining sector purging more jobs, the Labor Department said on Thursday.

  • SAN FRANCISCO, July 1- A former federal agent pleaded guilty on Wednesday to stealing bitcoins during the government's investigation of Silk Road, and to secretly soliciting payment from the operator of the online black market for information on its probe. Among them, Force said he agreed to a contract with Twenty-First Century Fox Inc last year to help make a...

  • NEW YORK, July 1- A U.S. judge has refused to dismiss Allied Irish Banks Plc's lawsuit accusing Citigroup Inc of helping rogue currency trader John Rusnak rack up a $691 million loss. District Judge Deborah Batts in Manhattan said government-controlled AIB may pursue a variety of fraud claims against Citigroup in its lawsuit seeking $500 million of...

  • McCormick beats 2Q profit forecasts Wednesday, 1 Jul 2015 | 6:42 AM ET

    SPARKS, Md. _ McCormick& Co. on Wednesday reported fiscal second-quarter earnings of $84.3 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share. Four analysts surveyed by Zacks expected $1.04 billion.

  • Indiana's religious freedom bill among host of new laws Wednesday, 1 Jul 2015 | 3:05 AM ET

    ATLANTA— Just days after a historic U.S. Supreme Court decision on same-sex marriage, Indiana's religious freedom law took effect Wednesday amid an ongoing national debate over gay rights and religious objections. Indiana's Religious Freedom Restoration Act, which sparked protests and boycott threats earlier this year before being quickly revised, is...

  • WASHINGTON— One day after President Barack Obama signed hard-fought trade legislation, his administration took issue with language meant to discourage boycotts of Israel. A bipartisan amendment— which drew comparatively little attention in Congress' long, multi-faceted trade debate— instructs U.S. negotiators to resist other countries' actions that...

  • SAN FRANCISCO, June 30- Amazon.com Inc launched its one-hour delivery service, Prime Now, for select areas of London on Tuesday and said it would expand the program to additional cities in the United Kingdom by the end of the year. London is our first Prime Now city in the UK and we are already working on making Prime Now available in more postcodes in London and...

  • ALEXANDRIA, Va.— VMware Inc. and Carahsoft Technology Corporation have agreed to pay $75.5 million to settle claims they overcharged the government. VMware, a Delaware corporation headquartered in Palo Alto, California, specializes in computer virtualization software. The settlement resolves allegations that VMware and Carahsoft made false statements...

  • Amazon launches one-hour delivery service in London Tuesday, 30 Jun 2015 | 7:55 AM ET

    June 30- Amazon.com Inc launched its one-hour order delivery service, Prime Now, for some areas of London on Tuesday, about six months after introducing the service in the United States. Amazon Prime members can have orders worth 20 pounds or more delivered in one hour for a fee of 6.99 pounds, the company said on its UK website on Tuesday. Amazon launched Prime Now in...

  • Congress failed to renew the bank's charter because of opposition from Republicans who say it amounts to corporate welfare. Some questions and answers about the Export-Import Bank, and its future:. Q: What does the Export-Import Bank do?

  • JUNEAU, Alaska— A team of aviation investigators has been working in a remote, mountainous site in southeast Alaska to determine what caused the crash of a sightseeing plane that killed eight cruise ship passengers and the aircraft's pilot. Seven investigators with the National Transportation Safety Board made it to the crash site on Saturday morning and are...

  • LOS ANGELES, June 27- As calls grow to remove the Confederate flag from public spaces across America's South, Vanessa White says she questions whether that would mark real progress for black Americans like her. The 57- year-old Compton, California construction worker has seen and endured too much, she says, to be excited. Across the country, African Americans are...

  • JUNEAU, Alaska— A team of aviation investigators is now working in a remote, mountainous site in southeast Alaska to determine what caused the crash of a sightseeing plane that killed eight cruise ship passengers and the aircraft's pilot. Seven investigators with the National Transportation Safety Board made it to the crash site on Saturday morning and are...

  • Investigators at Alaska site of plane crash that killed 9 Saturday, 27 Jun 2015 | 12:47 AM ET

    JUNEAU, Alaska— A team of aviation investigators is now working in a remote, mountainous site in southeast Alaska to determine what caused the crash of a sightseeing plane that killed eight cruise ship passengers and the aircraft's pilot. Seven investigators with the National Transportation Safety Board made it to the crash site on Saturday morning and are...