ANKARA/ ISTANBUL, Nov 26- The Turkish government has no intention of curbing the independence of the central bank, officials said on Thursday, after the lira hit a two-week low on concerns about the new administration's plans. Fresh from an election win, Prime Minister Ahmet Davutoglu on Wednesday announced his ruling AK Party's platform in parliament, saying...» Read More
It was the second-consecutive monthly decline in filings, although there remains a sharp divergence along state lines, according to a report Thursday by foreclosure listing firm RealtyTrac Inc..
NEW YORK-- A banking analyst at Stifel Nicolaus is wondering whether the rally in bank stocks has gone too far. Anthony Davis, who leads the financial institutions team at Stifel Nicolaus, points to a number of factors that could weaken the bank-stock rally in a research note out Thursday.
The parent company of Tully's Coffee has filed for Chapter 11 bankruptcy protection and will close nine stores this Sunday. The Seattle- based coffee chain has long struggled under the shadow of Starbucks Corp.. Tully's opened its first store in 1992. It has shops in Arizona, California, Colorado, Idaho, Montana, Oregon and Washington.
Eric Rivers died at Hennepin County Medical Center on Wednesday night, his family said in a statement. The production manager became the sixth victim to die from the Sept. 27 shootings at Accent Signage Systems in Minneapolis, not including gunman Andrew Engeldinger, 36, who committed suicide.
LONDON-- The San Francisco 49 ers will return to Wembley Stadium to play an NFL regular-season game against the Jacksonville Jaguars in 2013.. The Jaguars, who have a deal to play one home game in London for four consecutive seasons beginning in 2013, will face the 49 ers on Oct. 27, 2013.
NEW YORK-- Wendy's pigtails are getting a tweak. In an interview with The Associated Press, CEO Emil Brolick said the current logo had served the company well for the past three decades, but that it was time for an update. It's only the fifth logo update since founder Dave Thomas opened the first Wendy's in 1969, and perhaps the most significant.
NEW YORK-- The NHL and the players' association resumed meetings Thursday to try to end the monthlong lockout. Although it has been a week since the NHL called off the first two weeks of the regular season, that sting will be felt full force Thursday when what should have been opening day passes without a puck hitting the ice.
FORT WORTH, Texas-- American Airlines says it will cut passenger-carrying capacity by 1 percent in the first half of November as it tries to recover from widespread delays and a spike in cancelations. American said Thursday that the pullback will give it more time to return to normal operations without affecting holiday travel.
BANGKOK-- Asian stock markets fell Thursday after Spain, the fourth-largest euro economy, was slapped with a two-notch credit downgrade and the U.S. earnings season opened with a whimper.
SEOUL, South Korea-- South Korea's central bank cut its key interest rate Thursday for the second time this year and slashed growth forecasts as Asia's fourth-largest economy faces mounting threats from the protracted debt crisis in Europe and a worsening global slowdown.
TOKYO-- The head of the International Monetary Fund on Thursday called for urgent action to tackle Europe's debt problems and an approaching fiscal crisis in the U.S., warning that the struggling world economy is already falling short of even pessimistic expectations.
SEOUL, South Korea-- South Korea's central bank trimmed the key interest rate Thursday for a second time this year, as Asia's fourth-largest economy faces mounting threats from the protracted debt crisis in Europe and the slowing growth in the world economy.
WAL-MART'S MESSAGE: Wal-Mart executives told analysts that they expect the retailer to keep the growing coming even as it becomes more disciplined in its spending on new stores.
SPOKANE, Wash.-- A federal judge in Yakima will decide whether a Canadian mining company must pay to clean up pollution that for decades crossed the border into Lake Roosevelt in Washington. U.S. District Court Judge Lonny Suko heard motions on the lawsuit Wednesday and said he will issue a decision later this year.
OLYMPIA, Wash.-- South Korea has lifted a ban against Pacific Northwest- grown potatoes used for things like potato chips, but a ban on other fresh potatoes still remains because of a fear over a bacterium known as zebra chip, state officials announced Wednesday during a phone conference from Gov.
SAN FRANCISCO-- An Oakland medical marijuana dispensary that bills itself as the world's largest gained an unusual ally Wednesday in its fight to stop federal prosecutors from shutting it down: the city government.
ROCHESTER, N.Y.-- Eastman Kodak Co. said Wednesday it has asked a bankruptcy court judge to allow it to end retiree medical and some other benefits at the end of the year as part of its restructuring.
NEW YORK-- Standard& Poor's downgraded its rating on Spain's debt Wednesday by two notches, leaving it on the cusp of junk status. S&P also assigned a negative outlook to the rating, saying it could be further downgraded if Spain's economic conditions erode further.
ANAHEIM, Calif.-- An increasing number of tourists are finding a way to save $40 or more on day passes to California's Disney theme parks by "renting" one day of a multi-day park hopper pass _ and the practice is giving Disneyland a run for its money.