China detains employees of suspect meat seller
BEIJING (AP) -- Five employees of a company accused of selling expired beef and chicken to McDonald's, KFC and other restaurants in China were detained by police Wednesday after an official said illegal activity was an organized effort by the supplier....
In international flight, volatile conflicts abound
DUBAI, United Arab Emirates (AP) -- In Libya, militias armed with shoulder-launched missiles are battling for control of the country's main airport. In Africa, the entire Sahel region is awash with weapons that include portable air defense systems leftover from the ouster of Moammar Gadhafi....
PepsiCo 2Q profit drops but tops estimates
PURCHASE, N.Y. (AP) -- PepsiCo Inc. (PEP) on Wednesday reported earnings that decreased by 2 percent in its second quarter, but beat analysts' expectations....
Global stocks bolstered by US earnings, home sales
SEOUL, South Korea (AP) -- Global stocks mostly rose Wednesday, bolstered by solid U.S. earnings and home sales as tensions between Russia and the West over Ukraine eased....
SEC poised to end $1 a share for some money funds
WASHINGTON (AP) -- Regulators are expected to vote Wednesday to end a longtime staple of the investment industry - the fixed $1 share price for money-market mutual funds - at least for some money funds used by big investors....
Women business owners face gender gap, report says
NEW YORK (AP) -- Women who own small business are still far behind their male counterparts when it comes to getting loans and government contracts, a congressional report said Wednesday....
Agents get subsidized 'Obamacare' using fake IDs
WASHINGTON (AP) -- Undercover investigators using fake identities were able to secure taxpayer-subsidized health insurance under President Barack Obama's health care law....
Judges in health care rulings vote party line
WASHINGTON (AP) -- In rapid succession, six federal judges on two appeals courts weighed in on a key component of President Barack Obama's health care law. Their votes lined up precisely with the party of the president who appointed them....
The U.S. Appeals Court for the D.C. Circuit ruled the government cannot give tax credits or subsidies to anyone buying coverage on the health insurance marketplace run by federal authorities. The case revolves around four words in the Affordable Care Act, which says the tax credits are available to people who enroll through an exchange "established by the state." The IRS interpreted the law to include both federal and state exchanges, without Congressional approval.
Do you think the state senate should vote to allow drilling in state parks when it takes up the issue next Today?