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  • Correction: Housing-Clinging to Low Rates story Thursday, 24 Jul 2014 | 5:07 PM ET

    WASHINGTON— In a story July 11 about people who are hesitant to sell their homes and give up their ultra-low mortgage rates, The Associated Press reported erroneously that a rental index compiled by real estate data provider Zillow had risen 19 percent in the past year.

  • Amazon shares fall on 2Q loss Thursday, 24 Jul 2014 | 4:50 PM ET

    SEATTLE— Shares of Amazon.com Inc. fell Thursday after the e-commerce retailer reported a deeper-than-expected second quarter loss as expenses outpaced a surge in revenue. Amazon has long focused on spending the money it makes to grow and expand into new areas.

  • Starbucks US sales rise with help of revamped food Thursday, 24 Jul 2014 | 4:26 PM ET

    NEW YORK— Starbucks said Thursday its revamped breakfast sandwiches and other food offerings helped boost sales at its U.S. cafes. In a conference call with analysts, Starbucks CEO Howard Schultz said food has become a strength and drives traffic to cafes, and that the company was just getting started in its efforts in improving its lineup.

  • The train originated in North Dakota and was bound for Tesoro Corp's 120,000 barrel-per-day Anacortes oil refinery, 80 miles north of the city, Tesoro confirmed.

  • UPDATE 1-BNSF train carrying oil derails in Seattle Thursday, 24 Jul 2014 | 10:56 AM ET

    July 24- A Burlington Northern Santa Fe train carrying crude oil derailed as it departed a railyard in north Seattle on Thursday but there were no immediate reports of a spill or injury, BNSF said in a statement.

  • BNSF train carrying oil derails in Seattle - local media Thursday, 24 Jul 2014 | 10:21 AM ET

    July 24- A Burlington Northern Santa Fe train carrying crude oil derailed in Seattle on Thursday, but there were no immediate reports of a spill or injury, according to local television stations.

  • Oil train derails in Seattle rail yard; no spill Thursday, 24 Jul 2014 | 9:48 AM ET

    SEATTLE— Nothing spilled when three tanker cars in an oil train from North Dakota derailed at a rail yard early Thursday, but it alarmed environmentalists. "This is a warning of how dangerous this could be," said Kerry McHugh, communications director for the Washington Environmental Council.

  • NEW YORK, July 22- A New York state judge has thrown out a lawsuit in which longtime investors in the Empire State Building claimed they were shortchanged out of hundreds of millions of dollars by the real estate magnates who took the iconic skyscraper public last October.

  • NEW YORK, July 22- A New York state judge has thrown out a lawsuit in which longtime investors in the Empire State Building claimed they were shortchanged out of hundreds of millions of dollars by the real estate magnates who took the iconic skyscraper public last October.

  • Judge nixes lawsuit over Empire State Building IPO Tuesday, 22 Jul 2014 | 12:15 PM ET

    NEW YORK— Thousands of onetime investors in the Empire State Building can't sue over claims they were shortchanged by the deal that turned the iconic skyscraper into a public stock, a judge has ruled.

  • Legal marijuana milestone heads for Seattle museum Tuesday, 22 Jul 2014 | 8:49 AM ET

    SEATTLE— The first recreational marijuana sold legally in Seattle will be put on display at the city's Museum of History and Industry after a woman donated part of her purchase Tuesday. Deb Greene, a 65- year-old retiree, waited all night to be first in line at the Cannabis City store when legal pot sales began in Washington on July 8.

  • It once owned a handful of stores in New York City, Seattle and Philadelphia but closed most, including one in Times Square, in 2010.. At the same time Starbucks Corp last week opened its first store in Colombia 43 years after the world's biggest coffee chain began buying beans from the country famous for its premium arabica coffee.

  • Amazon rolls out 'Netflix-for-books' style service Friday, 18 Jul 2014 | 7:51 AM ET

    NEW YORK— Amazon is rolling out a new subscription service that will allow unlimited access to thousands of electronic books and audiobooks for $9.99 a month in the online giant's latest effort to attract more users.

  • States sue 5-Hour Energy over ad claims Thursday, 17 Jul 2014 | 2:56 PM ET

    The Oregon lawsuit filed Thursday in Portland contends 5- Hour Energy falsely claims customers get extra energy and focus from a unique blend of ingredients, when the boost actually comes from a concentrated dose of caffeine. Oregon has been part of a group leading a 33- state investigation into the accuracy of the product's claims.

  • Correction: Pets-Sweet Dog Suites story Thursday, 17 Jul 2014 | 2:03 PM ET

    LOS ANGELES— In a story July 16 about pet suites being offered in some of its new homes, The Associated Press reported erroneously the number of home communities being built by Standard Pacific Homes.

  • SEATTLE, July 17- Microsoft Corp will slash up to 18,000 jobs, or 14 percent of its workforce, this year as it almost halves the size of its newly acquired Nokia phone business and tries to transform into a cloud-computing and mobile-friendly software company.

  • SEATTLE, July 17- Microsoft Corp said on Thursday it will slash up to 18,000 jobs, or 14 percent of its workforce, this year as it trims its newly acquired Nokia phone business and reshapes itself into a cloud-computing and mobile-friendly software company.

  • Microsoft CEO pivots sharply with 18,000 job cut Thursday, 17 Jul 2014 | 8:30 AM ET

    LOS ANGELES— Microsoft announced the biggest layoffs in its 39- year history Thursday, outlining plans to cut 18,000 jobs in a move that marked the CEO's sharpest pivot yet away from his predecessor's drive for the company to make its own devices.

  • SEATTLE, July 17- Microsoft Corp is set to cut more than 6,000 jobs in an announcement expected early Thursday, according to sources familiar with the matter, as it trims its newly acquired Nokia phone business and reshapes itself as a cloud-computing and mobile-friendly software company.

  • Seattle taxi drivers attend charm school classes Wednesday, 16 Jul 2014 | 4:23 PM ET

    SEATTLE— Some Seattle-area taxi drivers are trying charm school as a way to improve their customer service and fight off competition from other ride services. KOMO-TV reports that about 130 drivers from Yellow Cab sat in a classroom Tuesday to listen to hospitality management instructors from South Seattle College.