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NEW YORK | AmEx 2Q profits rise, but there are worry spots on lending
NEW YORK — American Express says its second-quarter profit rose 21 percent from a year ago, as the credit card giant saw more customers spending on its namesake cards and a much lower tax rate. But it had to set aside more money to cover potential bad loans, and saw its delinquency rate rise noticeably. … Continue reading NEW YORK | AmEx 2Q profits rise, but there are worry spots on lending
BRUSSELS | EU fines Google a record $5 billion over mobile practices
BRUSSELS — European regulators came down hard on another U.S. tech giant Wednesday, fining Google a record $5 billion for forcing cellphone makers that use the company’s Android operating system to install Google search and browser apps. The European Union said Google’s practices restrict competition and reduce choices for consumers. While Google can easily afford … Continue reading BRUSSELS | EU fines Google a record $5 billion over mobile practices
BOSTON | Lawsuit accuses priest of denying aid for sex abuse victim
BOSTON — A man who says he was sexually assaulted as a child by a Roman Catholic monk in Massachusetts has filed a lawsuit accusing a priest of trying to conceal the abuse and refusing to help pay for his mental health treatment The man says in the lawsuit filed Tuesday that he was raped … Continue reading BOSTON | Lawsuit accuses priest of denying aid for sex abuse victim
COLUMBIA, South Carolina | Clues to Confederate mystery: Sub’s crew never dumped weight
COLUMBIA, S.C .— Scientists studying the world’s first submarine to sink an enemy ship said Wednesday that the doomed Confederate crew did not release an emergency mechanism that could have helped the vessel surface quickly. The 1,000 pounds (454 kilograms) of what are called keel blocks would typically keep the H.L. Hunley upright, but also … Continue reading COLUMBIA, South Carolina | Clues to Confederate mystery: Sub’s crew never dumped weight
PHILADELPHIA | Judge denies NFL’s investigator request in concussion case
PHILADELPHIA — A federal judge has denied a request from the NFL to appoint a special investigator to look into what the league says is extensive fraudulent claims on the $1 billion concussion settlement. Judge Anita Brody wrote in her ruling Wednesday that the league’s attorneys have demonstrated that there is “sufficient evidence of probable … Continue reading PHILADELPHIA | Judge denies NFL’s investigator request in concussion case
DENVER | US coal ash pollution rules eased after industry balks
DENVER — The Trump administration is easing rules for handling toxic coal ash from more than 400 coal-fired power plants across the U.S. after utilities objected to regulations adopted under former President Barack Obama. Environmental Protection Agency acting Administrator Andrew Wheeler said Wednesday the changes will save utilities roughly $30 million annually. Documents show most … Continue reading DENVER | US coal ash pollution rules eased after industry balks
ANNAPOLIS, Maryland | Military veterans divided over Trump’s Russia comments
ANNAPOLIS, Md. — U.S. military veterans have had mixed reactions to President Donald Trump’s statements during a summit with Russian President Vladimir Putin. Some say they are a betrayal, with the commander in chief giving more credence to Putin than to U.S. intelligence agencies. The agencies concluded Russia was behind hacking in the 2016 U.S. … Continue reading ANNAPOLIS, Maryland | Military veterans divided over Trump’s Russia comments
CARNOUSTIE, Scotland | British Open presents tough test with no clear answers
CARNOUSTIE, Scotland — The eve of the British Open felt like cramming for a final exam, a multiple choice one with no obvious answers. The wind that blows off the North Sea across the exposed links of Carnoustie has not been the primary concern during practice rounds. Players have a reasonable idea how far the … Continue reading CARNOUSTIE, Scotland | British Open presents tough test with no clear answers