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  • AP names new enterprise editor for western US Friday, 25 Jul 2014 | 2:01 PM ET

    PHOENIX— Raghu Vadarevu, an editor on The Associated Press' West Desk, has been promoted to West assistant editor for enterprise. The appointment was announced Friday by West Region Editor Traci Carl, who oversees news for 13 states.

  • SEATTLE, July 25- An online stock trader who profited from inside information passed to him by a former Microsoft Corp finance employee was sentenced to 1-1/ 2 years in prison in Seattle on Friday.

  • Amazon worker piloted drone around Space Needle Friday, 25 Jul 2014 | 11:55 AM ET

    SEATTLE— An Amazon.com employee from out of town was the operator of a drone that buzzed the Seattle Space Needle this week, police said. Amazon.com Inc. recently asked the Federal Aviation Administration for permission to use drones as part of plans to deliver packages to customers in 30 minutes or less.

  • Worries about US consumers drag stocks lower Friday, 25 Jul 2014 | 9:15 AM ET

    NEW YORK— Investors got some bad news about the American shopper on Friday, driving down stocks and sending the Dow Jones industrial average to a loss for the week. "Visa put a lot of caution into the market this morning," said Quincy Krosby, a market strategist at Prudential Financial.

  • Ahead of the Bell: Amazon Friday, 25 Jul 2014 | 7:42 AM ET

    NEW YORK— Analysts are taking a look at Amazon's investment strategy as the online retailer's stock falls in premarket trading Friday following lackluster second-quarter results. Late Thursday, Amazon.com Inc. reported a bigger-than-anticipated loss for the quarter, while its revenue topped analysts' estimates.

  • Little sunlight as Obama raises super PAC dollars Friday, 25 Jul 2014 | 4:12 AM ET

    WASHINGTON— For years President Barack Obama railed against the surge of unlimited spending flowing into American political campaigns, arguing that average voters were being shut out of a secretive system that lets special interests bankroll elections.

  • 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.

  • PORTLAND, Ore., July 24- An Oregon citizens' initiative that would require labeling of foods made with genetically modified ingredients has garnered more than enough signatures to gain a spot on the state's November ballot, a state government spokesman said on Thursday. "It cleared easily," said Tony Green, a spokesman for the Oregon Secretary of State's Office.

  • July 24- The steel-making coal market needs to cut another 10 million tonnes of production to get into balance, the chief of Teck Resources Ltd said on Thursday after the Canadian miner reported a sharp fall in profit, mainly due to weak coal prices.

  • 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.

  • "Results were better than expected, with solid operating results in coal and copper," RBC Capital Markets analyst Fraser Phillips said in a note to clients. Teck cut its 2014 copper cost forecast to between $1.95 and $2.05 per pound from $2.00 to $2.20 a pound.

  • 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.

  • July 24- Canadian diversified miner Teck Resources Ltd reported a 44 percent drop in quarterly earnings, mainly due to "significantly" lower coal prices. On an adjusted basis, Vancouver- based Teck's earnings fell to 13 Canadian cents per share from 34 Canadian cents per share.

  • WASHINGTON, July 23- U.S. regulators and 15 states announced a wave of lawsuits on Wednesday against law firms and mortgage assistance companies they said have scammed borrowers since at least 2011 by falsely promising home loan modifications and other foreclosure relief.

  • APNewsBreak: Medicaid enrollees strain Oregon Wednesday, 23 Jul 2014 | 1:07 PM ET

    PORTLAND, Ore.— Low-income Oregon residents were supposed to be big winners after the state expanded Medicaid under the federal health care overhaul and created a new system to improve the care they received.

  • Fitness company to expand Va manufacturing plant Wednesday, 23 Jul 2014 | 10:42 AM ET

    RICHMOND, Va.— Fitness equipment maker Core Health& Fitness is planning to invest $2 million to expand a Grayson County manufacturing plant, creating 250 jobs. Vancouver, Washington- based Core Health& Fitness says it will continue to make Nautilus equipment as well as other fitness equipment brands such as Star Trac and StairMaster.