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  • WASHINGTON _ The Carlyle Group LP on Wednesday reported second-quarter net income of $6.1 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • TOKYO— "Pokemon Go" players are descending on an atomic bomb memorial park in Hiroshima, and officials of the western Japanese city are displeased. They have asked game developer Niantic Inc. to remove the "Pokestops" and other virtual sites that show up in the park for those playing the augmented-reality game. Elsewhere, the U.S. Holocaust Memorial Museum in...

  • WASHINGTON— A senior senator is examining whether Medicare's prescription drug benefit is vulnerable to manipulation by pharmaceutical companies that set very high prices for medications. Grassley acted after The Associated Press reported on Medicare data that show spending for high-cost drugs covered under the program's "catastrophic" protection...

  • WASHINGTON— With consumers spending and employers hiring more freely, the U.S. economy has fared better of late. But when the Federal Reserve ends its latest policy meeting Wednesday, most analysts think it will signal that it wants to see further gains before raising interest rates again. "If we get decent economic news between now and September, I think the odds...

  • THURSDAY, JULY 28 NEW HAVEN, United States- European Central Bank board member Benoit Coeure speaks at the Yale Forum on financial crisis management organised by U.S. Department of Treasury in New Haven- 1800 GMT. CAMBRIDGE- Federal Reserve Bank of San Francisco President John Williams participates in a policy dialogue on "What's Left in the Fed's Tool Kit?"

  • VIENTIANE/ GENEVA, July 26- The United States said on Tuesday it hoped to announce in early August details of planned military cooperation and intelligence sharing with Russia on Syria, and a United Nations envoy said he would also aim to resume peace talks next month. Secretary of State John Kerry said Washington and Moscow, which support opposing sides in...

  • CAIRO, July 26- Egypt said on Tuesday it was close to agreeing an International Monetary Fund lending programme to ease its funding gap and restore market stability and was seeking to secure $7 billion annually over three years. Prime Minister Sherif Ismail ordered the central bank governor and minister of finance to complete negotiations for the programme...

  • CAIRO, July 26- Egypt said on Tuesday it was close to agreeing an International Monetary Fund lending program to ease its funding gap and restore market stability and was seeking to secure $7 billion annually over three years. Prime Minister Sherif Ismail ordered the central bank governor and minister of finance to complete negotiations for the program with...

  • WASHINGTON— Figures on government spending and debt in millions of dollars.

  • NEW YORK, July 26- Valero Energy Corp, the largest U.S. refiner, expects to get hit with a half-billion-dollar bill in the second half of the year thanks to the rising cost of meeting government mandates to blend biofuels. For the full year, the company's cost to blend renewable fuels like ethanol will swell to between $750 million to $850 million, mainly to pay for the...

  • WASHINGTON— Russia may have been behind the leak of hacked Democratic National Committee documents, President Barack Obama said Tuesday in his first public comments on the breach. Obama, who traditionally avoids commenting on active FBI investigations, broke with that protocol and noted that outside experts have blamed Russia for the leak.

  • Data downloaded from the Tesla Model S shows the vehicle was traveling at 74 mph in a 65- mph zone on a divided highway in Williston, Florida, near Gainesville, the National Transportation Safety Board said in a preliminary report. The driver, Joshua Brown, 40, a tech company owner from Canton, Ohio, was using the sedan's cruise control and lane-keeping features at...

  • VIENTIANE/ GENEVA, July 26- The United States said on Tuesday it hoped to announce in early August details of planned military cooperation and intelligence sharing with Russia on Syria, and a U.N. envoy said he would also aim to resume peace talks next month. Secretary of State John Kerry said Washington and Moscow, who support opposing sides in Syria's...

  • WASHINGTON— Hundreds of cafeteria workers who help feed senators and others in the Capitol and nearby office buildings will get back pay totaling more than $1 million because their private employers illegally underpaid them, the Labor Department said Tuesday. The department's Wage and Hour Division said it is reviewing whether the two federal contractors—...

  • Secretary of State John Kerry said on Tuesday he hoped to announce in early August details of a U.S. plan for closer military cooperation and intelligence sharing with Russia on Syria. Special Envoy Staffan de Mistura said he aimed to convene a new round of Syria peace talks toward the end of August, quietly scrapping a previous Aug. 1 deadline while keeping some...

  • The survey was the first to measure consumers' mood since Britain voted June 23 to leave the European Union. "The fact that the index was virtually unchanged reaffirms a degree of resilience on the part of consumers," said Jim Baird, chief investment officer at Plante Moran Financial Advisors. Consumers may have welcomed lower gasoline prices: The average price of...

  • WASHINGTON— The White House warned Tuesday of a "revolution" of computer-generated threats to the U.S. stoked by growing cyber aggression by traditional U.S. foes like Russia and North Korea, and issued a color-coded response plan for the federal government to use after major cyberattacks. Lisa Monaco, President Barack Obama's homeland security and...

  • CARACAS/ BOGOTA, July 26- Even for Venezuela's notoriously opaque economy, it was a sweetheart deal that went too far. Last August, state oil company Petroleos de Venezuela SA issued one of its largest tenders in recent years: a multi-billion dollar project in the Orinoco Belt, the world's largest crude reserve. Trenaco, headquartered in Switzerland but largely...

  • WASHINGTON— Americans bought new homes in June at the fastest pace in more than eight years, a sign that a solid job market and low mortgage rates are bolstering the U.S. housing market. The Commerce Department said Tuesday that new-home sales rose 3.5 percent last month to a seasonally adjusted rate of 592,000, the best level since February 2008.

  • WASHINGTON— U.S. home prices extended their steady upward march in May, spurred by rising sales and a dwindling supply of available houses. "Sellers are in the driver's seat, as buyers contend with fierce competition and very fast-moving markets," Svenja Gudell, chief economist at real estate data provider Zillow, said. Portland, Oregon, Seattle, and Denver posted...