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Volvo truck maker turns Q1 profit on strong sales

STOCKHOLM (AP) — Swedish truck maker AB Volvo says strong first-quarter sales and cost cuts helped it return to profitability during the period.

49 minutes ago

Quotations in the News

"Are they slaves to charities and government subsidized homes? And are they slaves when their daughters are having abortions and their sons are in the prisons? This thought goes back a long time." — Nevada rancher Cliven Bundy, who stood up to the government in a fight over grazing rights bu…

56 minutes ago

Business window stickers protest Mississippi law

JACKSON, Miss. (AP) — In conservative Mississippi, some business owners who support equal treatment for gays and lesbians are pushing back against a new law that bans government from limiting the free practice of religion.

1 hour ago

Global stocks tumble amid Ukraine tensions

BEIJING (AP) — Global stocks tumbled Friday after tensions over Ukraine mounted and Standard & Poor's cut Russia's credit rating, warning of capital flight and risks to investment due to the crisis.

1 hour ago
Ex-DHS watchdog put on leave after critical report

Ex-DHS watchdog put on leave after critical report

This undated photo obtained from the Department of Homeland Security shows former Acting Inspector General Charles Edwards. A Senate subcommittee says Edwards was too cozy with the political appointees of President Barack Obama whose activities he was supposed to oversee. A 27-page report fr…

1 hour ago
Ex-DHS watchdog put on leave after critical report

Ex-DHS watchdog put on leave after critical report

WASHINGTON (AP) — It took just hours for Homeland Security Secretary Jeh (jay) Johnson to put the agency's former internal watchdog on leave after a Senate report concluded the employee was too cozy with senior Homeland Security Department officials. The report says he also delayed or classi…

1 hour ago

KPN sales fall; barely profitable in first quarter

AMSTERDAM (AP) — Royal KPN NV, the Dutch telecommunications company partly owned by Mexican billionaire Carlos Slim, nearly slumped to a first-quarter loss following a slide in its mobile services business and a shrinking market for business customers in the Netherlands.

1 hour ago
Baltic states lead push to cut Russia gas reliance

Baltic states lead push to cut Russia gas reliance

This Jan. 26, 2014 photo provided by Hoegh LNG on Tuesday, April 22, 2014 shows Hoegh's gas vessel 'Independence' during her sea trial. Later this year, the giant ship will slide up to Lithuania’s Baltic port of Klaipeda. The 390-meter (1,300 foot) vessel is bigger than the largest aircraft …

1 hour ago
Baltic states lead push to cut Russia gas reliance

Baltic states lead push to cut Russia gas reliance

VILNIUS, Lithuania (AP) — Later this year, a ship the size of an aircraft carrier will arrive at Lithuania's port of Klaipeda on the Baltic Sea. The 300-meter (984-foot) vessel is not a warship, but a floating natural gas import terminal — aptly named "Independence" — that will be key to the…

1 hour ago

Champaign group planning to build mini-homes

CHAMPAIGN, Ill. (AP) — A Champaign group wants to build a pair of very small homes for poor local residents on two vacant city-owned lots that aren't large enough for a traditional house.

1 hour ago
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