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  • Bayer to split off polymer division with IPO

    BERLIN (AP) — German pharmaceuticals and chemicals company Bayer AG said Thursday it plans to spin off its polymer division with a separate stock listing. The Leverkusen-based company that invented aspirin said the move would be part of an effort to focus the group on its health care and crop...

  • Volatile apartment sector reduces US home building

    WASHINGTON (AP) — U.S. home construction plunged in August, led by steep decline in the volatile apartment category. But single-family house construction, a larger and more stable portion of the market, fell only modestly. Construction fell 14.4 percent in August to a seasonally adjusted annual...

  • ConAgra beats Street 1Q forecasts

    OMAHA, Neb. (AP) — ConAgra's first-quarter earnings nearly tripled as the food producer cut costs and volumes increased. The Omaha, Nebraska company posted net income of $482.3 million, or $1.12. Earnings, adjusted for one-time gains and costs, came to 39 cents per share, or 4 cents better than...

  • Chile arrests 3 suspects in subway bomb attack

    SANTIAGO, Chile (AP) — Chilean officials say they have arrested three suspects in the country's worst bomb attack in more than two decades. Interior and Security Minister Rodrigo Penailillo confirmed the arrests of two men and a women Thursday. One of them is suspected of carrying out Sept. 8...

  • Yellen says US families need to boost savings

    WASHINGTON (AP) — The Great Recession showed that a large number of American families are "extraordinarily vulnerable" to financial setbacks because they have few assets to fall back on, Federal Reserve Chair Janet Yellen said Thursday Yellen said a Fed survey found that an unexpected expense...

  • Intelligence director disputes allegations he lied

    WASHINGTON (AP) — The director of national intelligence is disputing allegations that he lied to Congress about a surveillance program last year. James Clapper is rolling out a new national intelligence strategy that includes principles of ethics for intelligence officers. Clapper says it has...

  • How states fared on unemployment benefit claims

    WASHINGTON (AP) — Substantially fewer people sought unemployment benefits last week, which often points to employers feeling more confident about the economy and hiring more workers. The Labor Department said Thursday that weekly applications for unemployment aid fell 36,000 to a seasonally...

  • Rite Aid beats Street 2Q forecasts

    CAMP HILL, Pa. (AP) — Rite Aid Corp. topped analyst expectations for its second quarter, but the drugstore chain's stock tumbled in premarket trading Thursday after it also dropped its fiscal 2015 earnings forecast due to an expected decrease in pharmacy profitability. The Camp Hill,...

  • Inland American to sell 52 hotels for $1.1 billion

    NEW YORK (AP) — Inland American Real Estate Trust Inc., which is in the process of spinning off its hotel business, said Thursday that is selling 52 of its hotels to a joint venture for about $1.1 billion. The buyers are real estate investment trusts NorthStar Realty Finance Corp. and Chatham...

  • Ireland economy grows 7.7 percent, leads eurozone

    DUBLIN (AP) — Ireland's economy is growing at a rapid pace last experienced at the tail-end of the Celtic Tiger boom, government statisticians reported Thursday as economists declared an end to the country's financial doldrums. The report from the Central Statistics Office said gross domestic...

  • New runway at Fort Lauderdale-Hollywood airport

    FORT LAUDERDALE, Fla. (AP) — Officials say a new runway opening at Fort Lauderdale-Hollywood International Airport should help reduce flight delays and bring more tourists to South Florida. The $719 million, 8,000-foot runway is set to open Thursday. Broward County Aviation Department...

  • PepsiCo latest sponsor to voice NFL concern

    NEW YORK (AP) — The war of words is heating up for the NFL, with PepsiCo Inc. CEO Indra Nooyi the latest major Super Bowl advertiser to make a pointed statement about the league. Nooyi said she was "deeply disturbed" by the "repugnant behavior of a few players and the NFL's acknowledged...

  • APNewsBreak: NKorea unresponsive to US envoy offer

    WASHINGTON (AP) — North Korea is not accepting American offers to send a high-level envoy to seek the release of three detained Americans, a senior U.S. official said Wednesday. Robert King, the U.S. special envoy for North Korean human rights issues, told The Associated Press that freeing the...

  • Belgium arrests Liberian ex-rebel commander

    BRUSSELS (AP) — A spokesman for Belgium's prosecutors says police have arrested a high-ranking member of the rebel movement that plunged Liberia into conflict more than two decades ago, on charges of war crimes and crimes against humanity. Jean-Pascal Thoreau said Thursday that Martina Johnson,...

  • Applications for US jobless benefits fall sharply

    WASHINGTON (AP) — The number of people applying for U.S. unemployment benefits dropped by a sharp 36,000 last week to a seasonally adjusted 280,000, a sign that the job market is strengthening. The four-week average of applications, a less volatile measure, fell 4,750 to 299,500, the Labor...



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