MOST RECENT STORIES

  • Business

    Drug developer Kadmon skids following weak demand for IPO

    NEW YORK (AP) Shares of drug developer Kadmon Holdings tumbled Wednesday after its initial public offering priced far below the company's estimates.Kadmon said its offering of 6.25 million shares priced at $12 a share, raising $75 million in...

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  • Business

    US stocks edge mostly lower despite a big gain for Apple

    NEW YORK (AP) Stocks ended Wednesday's trading slightly lower as shares of energy companies and consumer goods makers outweighed gains in technology companies like Apple.Investors also worked through the Federal Reserve's latest policy...

    By Ken Sweet, AP Business Writer|

  • Entertainment

    AP source: Site for Obama's presidential library chosen

    CHICAGO (AP) President Barack Obama's presidential library will be built in a park on Chicago's South Side along the shores of Lake Michigan and a short walk from the university where Obama once taught, a personal familiar with the selection...

    By Josh Lederman And Don Babwin, Associated Press|

  • Business

    Busy camps serve needs of front-line California firefighters

    SANTA CLARITA, Calif. (AP) As flames from a raging wildfire raced down mountainsides last weekend toward houses tucked in canyons north of Los Angeles, a sprawling high school campus was transformed into a firefighting supply base with tents...

    By Christopher Weber, Associated Press|

  • Business

    Moody's: Atlantic City likely to default Monday without loan

    ATLANTIC CITY, N.J. (AP) A Wall Street firm says Atlantic City is likely to default Monday on a debt payment unless the state comes through with a $74 million loan it promised in May.The loan was part of a temporary agreement reached between...

    By Wayne Parry, Associated Press|

  • Entertainment

    Appeal filed in copyright case of Led Zeppelin's 'Stairway'

    LOS ANGELES (AP) Lawyers have appealed a jury decision that cleared Led Zeppelin of accusations it lifted a riff from an obscure 1960s instrumental for the intro to its classic rock anthem "Stairway to Heaven."At attorney for the trust of the...

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  • Business

    Markets Right Now: US stocks end mostly lower

    NEW YORK (AP) The latest on developments in global financial markets (all times local):4:00 p.m.Stocks are closing mostly lower as a slide in consumer goods companies outweighs gains in the technology sector.Coca-Cola dropped 3 percent...

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  • Business

    Cities turn to local action to block oil trains

    SEATTLE (AP) As crude oil trains began rolling through its downtown a few years ago, Spokane was among the first cities to pass a resolution calling for stronger federal safety regulations.But when a mile-long train derailed in the scenic...

    By Phuong Le, Associated Press|

  • Business

    California food service distributor buys Louisiana company

    PONCHATOULA, La. (AP) A southeast Louisiana food service company has been bought by one from California.Neither Good Source Solutions of Carlsbad, California, nor Pon Food Corp. of Ponchatoula (pahn-chuh-TOO-luh), Louisiana, disclosed the...

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  • Business

    Comey: Conversations about encryption issue still needed

    NEW YORK (AP) FBI Director James Comey said government and the tech industry need to sort out their differences over encryption before "something terrible happens" that would make productive conversations impossible.Acknowledging that talks...

    By Bree Fowler, AP Technology Writer|

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