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US stocks plunge, wiping out July's gains

NEW YORK (AP) -- For investors, there were few havens on Thursday....

As US job market strengthens, many don't feel it

WASHINGTON (AP) -- For millions of workers, happy days aren't quite here again....

Obama order presses contractors to obey labor laws

WASHINGTON (AP) -- President Barack Obama moved Thursday to require federal contractors to give their workers more rights in labor disputes, putting his pen to an executive order the day after the House voted to sue him for allegedly exceeding his presidential powers. In an election-year dare to Republicans, Obama said congressional obstinacy would only embolden him to take even more aggressive actions on his own....

In San Francisco real estate, $1M won't buy much

SAN FRANCISCO (AP) -- San Francisco Association of Realtors President Betty Taisch has two words of advice for those who want to live here and think $1 million will buy them their dream house: Think again....

Default fuels uncertainty, stock drop in Argentina

BUENOS AIRES, Argentina (AP) -- Argentina's economy minister says he is willing to hold further talks with holdout investors whose claim for bond payments forced the South American country into its second default in 13 years....

Iliad of France makes surprise bid for T-Mobile US

NEW YORK (AP) -- T-Mobile US Inc., the most eligible company in the U.S. wireless industry, has another suitor on its hands. Upstart French telecom company Iliad SA on Thursday said it has offered $15 billion for a majority stake....

Target taps outsider as CEO for needed shakeup

NEW YORK (AP) -- Target is bringing in an outsider as its CEO for the first time as the retailer fights to redefine itself to American shoppers....

Tesla posts bigger 2Q loss

PALO ALTO, Calif. (AP) -- Tesla Motors Inc. (TSLA) on Thursday reported a wider loss in its second quarter, and beat analysts' expectations....

Opinion Poll

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Do you approve or disapprove of the President's handling of the situation between Israel and the Palestinians? <More Info>

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Do you agree with five Pennsylvania congressmen that the NCAA penalties against Penn State as a result of the Jerry Sandusky scandal should be cancelled?

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