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Associated Press

  • Number of illegal immigrants in US now declining
    By HOPE YEN 2010-09-02T01:12:20Z WASHINGTON (AP) -- The number of illegal immigrants living in the U.S. has dropped for the first time in two decades - decreasing by 8 percent since 2007, a new study finds. The reasons range from the sour economy to Mexican violence and increased U.S. enforcement that has made it harder to sneak across the border....
  • China requires ID to buy mobile phone numbers
    By ALEXA OLESEN 2010-09-02T01:00:04Z BEIJING (AP) -- China wants people who buy new cell phone numbers to register their personal details, joining many European and Asian countries in curbing the anonymous use of mobile technology....
  • Ex-Lehman CEO says regulators refused to save firm
    By MARCY GORDON 2010-09-01T23:31:25Z WASHINGTON (AP) -- The former chief of Lehman Brothers told a panel investigating the financial crisis that the Wall Street firm could have been rescued, but regulators refused to help - even though they later bailed out other big banks....
  • Hovnanian trims loss for fiscal Q3
    By ALEX VEIGA 2010-09-01T22:03:50Z LOS ANGELES (AP) -- Hovnanian Enterprises Inc. said Wednesday its fiscal third-quarter loss narrowed versus the prior-year period as the homebuilder booked fewer land-related write-downs. But signed contracts on new homes tumbled 37 percent as demand slowed in the absence of homebuyer tax credits....
  • Weak auto sales for August amid economic worries
    By DEE-ANN DURBIN and TOM KRISHER 2010-09-01T21:21:25Z DETROIT (AP) -- Americans nervous about the drumbeat of bad economic news stayed away from auto showrooms. Automakers nervous about their bottom lines didn't offer deals to lure them in....
  • Court denies Scrushy's request for release on bond
    By 2010-09-01T21:01:19Z MONTGOMERY, Ala. (AP) -- A federal appeals court has denied former HealthSouth CEO Richard Scrushy's request to be released from prison on bond....
  • Paste music magazine to stop print publication
    By DORIE TURNER 2010-09-01T20:17:51Z ATLANTA (AP) -- The music monthly Paste magazine is shuttering its print publication after struggling financially for more than a year....
  • July unemployment up in about half of US cities
    By 2010-09-01T20:10:47Z WASHINGTON (AP) -- The unemployment rate rose in nearly half of the nation's 372 largest metro areas in July, as the pace of hiring slowed from earlier this year....
  • Banks to allow local groups to buy foreclosures
    By ALAN ZIBEL 2010-09-01T16:22:28Z WASHINGTON (AP) -- Major banks are agreeing to give local governments and nonprofit groups the ability to buy foreclosed homes before they are sold to private investors....
  • BP spent $93M on advertising after Gulf spill
    By MATTHEW DALY 2010-09-01T16:18:51Z WASHINGTON (AP) -- Oil giant BP says it has spent more than $5 million a week on advertising since the Gulf Coast oil spill - more than three times the amount it spent on ads during the same period last year....
  • Borders 2nd-quarter loss widens
    By MAE ANDERSON 2010-09-01T15:33:27Z NEW YORK (AP) -- Borders Group Inc. reported a slightly larger loss in the second quarter and said it will sell more items besides books as it readies for the crucial holiday season....
  • Heinz 1Q profit rises 13 pct on overseas strength
    By SARAH SKIDMORE 2010-09-01T14:44:09Z PORTLAND, Ore. (AP) -- H.J. Heinz Co.'s fiscal first-quarter net income jumped 13 percent as the foodmaker's business boomed in growing overseas markets such as India, China and Russia....