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Top News & Analysis Alabama

  • *Defense stocks advance on U.S.- Saudi Arabia arms deal. NEW YORK, May 22- U.S. stocks rose on Monday, boosted by technology shares and by defense companies, which gained after the United States and Saudi Arabia signed a multi-billion dollar arms deal. Boeing gave the Dow its biggest boost, ending up 1.6 percent at $183.67.

  • *Defense stocks gain on U.S.- Saudi Arabia arms deal. May 22- U.S. stocks rose on Monday, boosted by technology shares and by defense companies, which rose after the United States and Saudi Arabia signed a multi-billion dollar arms deal. President Donald Trump visited Saudi Arabia over the weekend and sealed $110 billion in deals through which Riyadh will buy U.S....

  • *Defense stocks gain on U.S.- Saudi Arabia arms deal. May 22- U.S. stocks rose on Monday, boosted by technology shares and by defense companies, which rose after the United States and Saudi Arabia signed a multi-billion dollar arms deal. President Donald Trump visited Saudi Arabia over the weekend and sealed $110 billion in deals through which Riyadh will buy U.S....

  • A man pauses in an alley on May 18, 2017 in Morgantown, West Virginia.

    Call them the unrecovered—a handful of states where job markets, nine years later, are still struggling back to where they were before the recession.

  • Donald Trump

    A majority of Americans, including a growing number of Republicans, want to see an "independent investigation" sort out any connections between Russia and President Donald Trump during the 2016 election campaign, according to a Reuters/Ipsos opinion poll released on Monday. Trump's dismissal of Comey, who was leading the Federal Bureau of...

  • NEW YORK, May 15- A majority of Americans, including a growing number of Republicans, want to see an "independent investigation" sort out any connections between Russia and President Donald Trump during the 2016 election campaign, according to a Reuters/Ipsos opinion poll released on Monday. Trump's dismissal of Comey, who was leading the Federal Bureau of...

  • WASHINGTON, May 15- The U.S. Supreme Court on Monday handed a victory to debt collectors, ruling that people who have filed for bankruptcy cannot sue companies that try to recoup old debt that is not required to be paid back under state statutes of limitations. The justices, in a 5-3 decision, ruled in favor of Midland Funding, a subsidiary of Encore Capital Group Inc,...

  • WASHINGTON, May 15- The U.S. Supreme Court on Monday handed a victory to debt collectors, ruling that people who have filed for bankruptcy cannot sue companies that tried to recoup old debt that was not required to be paid back under state statutes of limitations. The justices, in a 5-3 decision, ruled in favor of Midland Funding, a subsidiary of Encore Capital Group...

  • The new estimate was provided in a filing late Thursday night in the federal court in San Francisco, and is 1.4 million accounts higher than previously reported by federal regulators, in what became a national scandal. Wells Fargo spokesman Ancel Martinez in an email said the new estimate was "based on a hypothetical scenario" and unverified, and did not reflect "...

  • Wells Fargo spokesman Ancel Martinez in an email said the new estimate was "based on a hypothetical scenario" and unverified, and did not reflect "actual unauthorized accounts. District Judge Vince Chhabria in San Francisco is scheduled to consider preliminary approval at a May 18 hearing. John Stumpf and Carrie Tolstedt, who were respectively the San...

  • *Liberty produced in Frankfurt and Mobile, Alabama. FRANKFURT, May 8- Bayer has agreed to sell its Liberty herbicide and LibertyLink-branded seeds businesses to win antitrust approval for its acquisition of Monsanto, it said on Monday. The divestment of the two global brands, a requirement imposed by South Africa's Competition Commission on Sunday, will...

  • WASHINGTON, May 3- The U.S. Navy has decided to delay by a year until fiscal 2020 the awarding of a design and construction contract for a planned new frigate, according to congressional testimony on Wednesday by two Navy rear admirals. Navy analyses have determined that the U.S. fleet needs 53 small surface combat ships to supplement the larger aircraft carriers...

  • HAMBURG, May 3- German copper products group Wieland said on Wednesday it has taken over the copper and steel tube business of U.S. company Wolverine Tube Inc, as part of its plans to expand internationally. "In line with our corporate strategy, this acquisition is another important step on the way to expand Wieland Group's international market position," Wieland...

  • *Automakers' April U.S. sales drop; GM, Ford fall. *Advanced Micro tumbles after results; Coach soars. May 2- Wall Street edged higher on Tuesday as gains for the tech and industrial sectors countered weakness in auto and energy stocks and investors digested a heavy day of earnings reports.

  • *Automakers' April U.S. sales drop; GM, Ford fall. *Advanced Micro tumbles after results; Coach soars. May 2- U.S. stocks were little changed on Tuesday as an Apple-led rise in the tech sector countered weakness in auto stocks and investors digested a heavy day of earnings reports.

  • WASHINGTON, April 28- Tiffany Cartagena said she was eating with her mixed-race girlfriend at a restaurant in Ohio last month when she heard nearby diners remark about the "monkey" at the next table. As Trump nears his 100th day in the White House after a campaign punctuated by his inflammatory comments about Muslims and immigrants, a number of Americans say U.S....

  • April 24- The U.S. Supreme Court on Monday declined to hear an appeal by former WellCare Health Plans Inc Chief Executive Todd Farha of his 2013 fraud conviction for his role in a scheme to cheat the Medicaid health insurance program for the poor. Farha began serving a three-year sentence at a minimum security federal prison in Alabama after the Atlanta- based...

  • Top prosecutors for Alabama, Arizona, Arkansas, Louisiana, Michigan, Nebraska, Oklahoma, South Carolina, Texas, Utah and Wisconsin, all of whom are Republicans, filed a brief in U.S. District Court in Manhattan supporting a lawsuit by Exxon to halt a probe by New York Attorney General Eric Schneiderman and Massachusetts Attorney General Maura Healey.

  • The Comerica Bank Tower stands in Dallas, Texas.

    If you want a microcosm of the problem with banking, you should look at what the big regional banks are saying.

  • NEW YORK, April 18- Harbert Management Corporation and its top executives agreed to pay $40 million to settle with New York over a failure to pay state and city income taxes on hundreds of millions of dollars of hedge fund performance fees, according to the New York attorney general. Alabama- based Harbert Management was the fund sponsor for Philip Falcone's...