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Top News & Analysis North America

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  • CHICAGO— Grain futures were mostly lower in early trading Tuesday on the Chicago Board of Trade. Wheat for December delivery gained 3.50 cents to $4.8860 a bushel; December corn was 3.25 cents lower at $3.72 a bushel; December oats were 1.50 cents lower at 2.2860 a bushel; while November soybeans lost 11.50 cents to 8.76 a bushel. October live cattle was 1.75 cents...

  • WASHINGTON, Sept 1- Senate Majority Leader Mitch McConnell undercut threats by fellow Republicans to hold the budget process hostage in an effort to defund Planned Parenthood, saying conservatives do not have enough support in Congress to cut off the group now under fire from abortion opponents. Some Republicans have threatened to push for cutting off the...

  • Sept 1- ValueAct Capital Management LP, the $18 billion activist hedge fund, recorded a 1.6 percent gain in the second quarter of 2015, a "difficult year" for its strategy due to falling oil prices and China's slowdown, according to a letter to its investors. "We took action to position the portfolio for the long term this quarter by selling shares in our high return...

  • WASHINGTON— A strong dollar and China's economic slowdown dragged growth at U.S. factories to the lowest level since May 2013. The Institute for Supply Management reported Tuesday that its manufacturing index slid to 51.1 last month from 52.7 in July. The report suggests that a strong dollar and slowing growth in China and other foreign markets may be taking a...

  • WEST POINT, N.Y.— A West Point professor criticized for writing an article calling some legal scholars treasonous and "lawful targets" for the U.S. military in its war on terrorism has resigned a month after he was hired to teach a law course. A spokesman at the U.S. Military Academy said William C. Bradford resigned Sunday. In an article published this spring in the...

  • OTTAWA, Sept 1- The Canadian economy shrank again in the second quarter, putting the country in recession for the first time since the financial crisis, with a plunge in oil prices taking a toll as business investment fell and inventory accumulation slowed. Gross domestic product contracted at an annualized 0.5 percent rate in the second quarter, Statistics...

  • NEW YORK, Sept 1- By all accounts, Iceland is one of the most magical places on Earth: A landscape of soaring glaciers, lava fields, steaming hot springs and black-sand beaches. And Mina Black could not focus on any of it. Even when it makes no logical sense- Mina Black fully deserved her vacation time- we are still haunted by the idea that we should be doing something else.

  • WASHINGTON— U.S. construction spending in July climbed to its highest level in more than seven years, boosted by an increase in the building of houses, factories and power plants. The Commerce Department said Tuesday that construction spending rose 0.7 percent to a seasonally adjusted annual rate of $1.08 trillion, the highest level since May 2008.

  • The companies plan to launch this option later this month in 20 U.S. cities as a feature within the Hilton HHonors mobile app. McLean, Virginia- based Hilton Worldwide Holdings Inc.' s brands include Embassy Suites, Hampton Inn, and Homewood Suites. Shares of Hilton slipped 30 cents, or 1.2 percent, to $24.53 in early trading Tuesday, as broader indexes also fell.

  • Other streaming services like Netflix and Hulu offer streaming-content only. The downloadable videos are available to prime members in the U.S., U.K., Germany and Austria. Netflix said it had no plans to follow suit.

  • WASHINGTON, Sept 1- A multimedia, multi-state advertising blitz from industry groups opposing new national ozone standards reached Pennsylvania on Tuesday, part of their last-ditch attempt to scuttle the Obama administration's plans to issue new rules governing ground-level smog by Oct. 1. The U.S. Environmental Protection Agency sent its...

  • BRACKENRIDGE, Pa.— Contract talks will resume later this month between the United Steelworkers union and Allegheny Technologies Inc.. Allegheny Technologies has locked out roughly 2,200 workers at 12 plants in Pennsylvania and five other states. The company has western Pennsylvania operations in Bagdad, Brackenridge, Latrobe, Midland, Vandergrift and...

  • NEW YORK— Dow Jones average sinks 300 points in early trading following weak China manufacturing data.

  • CALGARY, Alberta _ Americas Petrogas Inc. on Tuesday reported a loss of $7.1 million in its second quarter. The Calgary, Alberta- based company said it had a loss of 3 cents per share. Keywords: Americas Petrogas, Earnings Report.

  • *China regulators investigating stock market volatility. SHANGHAI, Sept 1- Investigations by Chinese authorities into wild stock market swings are spreading fear among China- based investors, with some unsure if they are simply helping with inquiries or actually under suspicion, executives in the financial community said. China has unleashed a volley of...

  • DETROIT— U.S. auto sales remain a bright spot in a global car market encountering turbulence in important countries such as China. It's a complete reversal from six years ago, when U.S. vehicle sales plunged during the recession and China easily surpassed the U.S. as the world's largest car market. China remains No. 1, but sales there are slowing as the economy cools...

  • INDIANAPOLIS— An attorney says the former director of a foundation created by ex- Subway spokesman Jared Fogle will plead guilty to child pornography charges. His attorney, Brad Banks, tells Fox59 in Indianapolis that they "anticipate the filing of a guilty plea in the near future." Taylor led the Jared Foundation, which raises awareness and money to fight...

  • CHICAGO— Southwest Airlines says a Chicago- bound flight has been diverted to Texas after a group of passengers became disorderly. The airline says Flight No. 1522 from San Diego was diverted Monday night to Rick Husband Amarillo International Airport in Amarillo, Texas. Southwest says in a statement that several passengers traveling together "became...

  • CHESAPEAKE, Va.— Dollar Tree reported a loss in its fiscal second quarter due to higher costs from buying rival Family Dollar. The discount retailer also posted revenue guidance for the current quarter that was below expectations and Dollar Tree's shares fell in morning trading Tuesday. For the current quarter ending in November, Dollar Tree said it expects...

  • MINNEAPOLIS _ Donaldson Co. on Tuesday reported fiscal fourth-quarter profit of $56.3 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share. Four analysts surveyed by Zacks expected $595.2 million.