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D.R. Horton Inc., the largest U.S. homebuilder by revenue, announced its fiscal third-quarter earnings declined and national new-home sales tumbled.

Fewer new U.S. homes were sold in June and May data showed the biggest downward revision on record, painting a more troubling picture of a housing market that is struggling to gain traction.

Tailgunner Ted Cruz, the Republican Senator from Texas, has said he will put a hold on all State Department nominees because . . . oh, something to do with Israel, but I’ll leave you all to argue about that part elsewhere.

In the ongoing pillage of tropical rainforests, villains are plenty. None has stoked imaginations like the Amazonian rancher.

The stock market idled on Thursday afternoon as investors digested second-quarter results from companies across several industries, including Facebook, Ford and Caterpillar.

Ford Motor Co. beat Wall Street's expectations in the second quarter as it chalked up a record profit in North America and made money in Europe for the first time in three years.

July 24 (Bloomberg) -- U.S. stock-index futures advanced, signaling the Standard & Poor’s 500 Index will extend a record, as results from Facebook Inc. to Ford Motor Co. topped analysts’ estimates.

July 24 (Bloomberg) -- The number of Americans filing applications for unemployment benefit unexpectedly dropped last week to the lowest level in more than eight years.

July 24 (Bloomberg) -- West Texas Intermediate declined after inventories of gasoline expanded for a third week in the U.S., the world’s largest oil consumer. Brent fell in London.

The International Monetary Fund foresees the global economy expanding less than it had previously forecast, slowed by weaker growth in the United States, Russia and developing economies.

Bristol-Myers Squibb Co.'s exit from the diabetes business, plus higher taxes and research spending, combined to slash the drugmaker's second-quarter profit by 38 percent, but the company handily beat Wall Street's muted profit expectations.

July 24 (Bloomberg) -- The Markit Economics preliminary index of U.S. manufacturing unexpectedly fell to 56.3 in July from a four-year high of 57.3 as orders and factory employment cooled, the London-based group said today.

July 24 (Bloomberg) -- Consumer sentiment held last week near the highest level of the year as Americans grew more upbeat about their personal finances and the economy.

July 24 (Bloomberg) -- West Texas Intermediate crude declined with losses in gasoline as U.S. inventories of the fuel expanded for a third week, threatening to depress refining margins. Brent also fell.

McLEAN, Va. (AP) -- In some spots, the train tracks rise 40 feet above some of Virginia's priciest real estate, held aloft by massive concrete trestles. In one tiny stretch, the tracks dive underground through the heart of Tysons Corner, northern Virginia's commercial hub.

Sales of new U.S. homes plunged in June, a sign that real estate continues to be a weak spot in the economy.

Average U.S. long-term mortgage rates were stable to slightly higher this week, remaining near their lows for the year.

For a lucky fellowship of fans, Comic-Con is beginning early on a private train car trekking to the pop-culture convention.

United Airlines is making money after a slow start to the year.

A vintage rail company that hauls hundreds of thousands of tourists every year along the route of the historic Klondike Gold Rush has suspended operations while it investigates a derailment that injured nine people.

July 24 (Bloomberg) -- Americans are unlikely to lose Obamacare subsidies any time soon, at least, and not in most states.

July 24 (Bloomberg) -- Roche Holding AG, the world’s biggest maker of cancer drugs, said first-half profit fell 7 percent as the strength of the Swiss franc offset rising sales of new medicines.

July 24 (Bloomberg) -- Wal-Mart Stores Inc.’s Greg Foran, a fast-rising executive at the retailer’s Asia operations, will take over as head of its U.S. division for Bill Simon, who is leaving the company.

Coca-Cola Enterprises Inc. on Thursday reported earnings that rose by 8.8 percent in its second quarter.

July 24 (Bloomberg) -- U.S. mortgage rates were little changed, keeping borrowing costs close to the lowest this year as housing rebounds after a slow start to 2014.

July 24 (Bloomberg) -- The International Monetary Fund lowered its outlook for global growth this year as expansions weaken from China to the U.S. and military conflicts raise the risk of a surge in oil prices.

If an iced coffee from Dunkin' Donuts is part of your afternoon routine, expect a nudge to buy a cookie or doughnut you didn't plan on.

Linda Close was grateful to learn she qualified for a sizable subsidy to help pay for her health insurance under the new federal law. But in the process of signing up for a plan, Close said her HealthCare.gov account showed several different subsidy amounts, varying as much as $180.

July 24 (Bloomberg) -- Mark Zuckerberg is staring down naysayers who hammered Facebook Inc.’s stock after its debut two years ago, as shares surged to a record today.

Under Armour's second-quarter net income was essentially flat, hurt by marketing and new product launches, but revenue soared 34 percent.

July 24 (Bloomberg) -- International Business Machines Corp. will supply cloud services to the government of California, letting more than 400 state and local agencies save money by pooling their computing resources.

The Nasdaq OMX Group Inc. (NDAQ) on Thursday reported earnings that increased by 15 percent in its second quarter, and topped analysts' expectations.

July 24 (Bloomberg) -- A man who swindled wealthy wine collectors including billionaire William Koch by selling them more than $20.7 million in fake French vintages concocted in his home kitchen was ordered to forfeit $20 million by a federal judge in Manhattan.

July 24 (Bloomberg) -- D.R. Horton Inc., the largest U.S. homebuilder by revenue, fell the most in almost five years after saying it’s increasing incentives to boost orders, reducing profitability as the broader new-home market stumbles.

Airplane maker Bombardier Inc. is cutting 1,800 jobs across facilities worldwide as it restructures operations.

July 11 (Bloomberg) -- The Federal Communications Commission approved a plan to spend $2 billion to boost wireless Internet connectivity in U.S. schools and libraries during the next two years.

July 24 (Bloomberg) -- General Motors Co., posting a second-quarter profit that missed analyst estimates, said it will spend at least $400 million to pay victims of the 2.59 million compact cars with a potentially faulty ignition switch linked to at least 13 deaths.

July 24 (Bloomberg) -- Ford Motor Co., American Airlines Group Inc. and Facebook Inc. posted profits that exceeded analysts’ estimates, benefiting in part from improved economies at home and abroad.

Republican Sen. Ted Cruz on Wednesday questioned whether President Barack Obama used a federal agency to impose an economic boycott on Israel after the Federal Aviation Administration banned U.S. airline flights to Tel Aviv because of safety concerns amid fighting between Israel and Hamas.

A new study estimates that more than 10 million adults gained health insurance by midyear as the coverage expansion under President Barack Obama's law took hold in much of the country.

July 24 (Bloomberg) -- Americans are unlikely to lose Obamacare subsidies any time soon, at least, and not in most states.

General Motors says second-quarter profit fell 85 percent as recall costs chopped $1.5 billion from the bottom line.

The escalating tensions in Ukraine, which have led to a sharp deterioration in relations between the West and Russia, could weigh on a modestly improving economic recovery in the 18-country eurozone.

Boston Scientific Corp. (BSX) on Thursday reported earnings that decreased by 97 percent in its second quarter, and beat analysts' expectations.

American Airlines says it will pay its first dividend since 1980.

July 24 (Bloomberg) -- Eli Lilly & Co., the drugmaker experiencing a wave of sales losses as patents expire, reported second-quarter profit that beat analysts’ estimates with better- than-expected sales of its diabetes drug Humalog.

July 24 (Bloomberg) -- KKR & Co., the private-equity firm led by billionaires Henry Kravis and George Roberts, said second-quarter profit more than quadrupled as it earned the most money from selling holdings in at least four years.

Caterpillar's second-quarter net income rose 4.1 percent even as revenue slipped.

3M's second-quarter profit jumped 6 percent as sales surged across all its businesses.

July 24 (Bloomberg) -- Caterpillar Inc., the largest maker of mining machinery, forecast full-year sales and earnings that fell short of analysts’ estimates as it said there’s no sign of an upturn in the industry in 2014.

July 24 (Bloomberg) -- China is suffering through yet another food-safety scandal and this time even the foreign-owned suppliers are under the microscope.

July 24 (Bloomberg) -- Qualcomm Inc. shares fell in late trading after the chipmaker said it’s struggling to collect license revenue from handset makers in China, the world’s largest mobile-phone market, threatening profit growth.

The number of people seeking U.S. unemployment benefits fell last week to its lowest level in eight years.

Wal-Mart U.S. chief Bill Simon is stepping down after being in the role since June 2010, the company said Thursday.

Shares of Royal Caribbean Cruises Ltd. (RCL) rose to an all-time high on Thursday after it reported earnings that rose fivefold in its second quarter, and topped analysts' expectations.

An Air Algerie flight carrying 116 people from Burkina Faso to Algeria's capital disappeared from radar early Thursday over northern Mali, officials said. France's foreign minister said no wreckage had been found, but that the plane “probably crashed.”

Southwest Airlines is reporting a record profit for the second quarter, more than doubling its earnings from a year ago.

PulteGroup Inc. (PHM) on Thursday reported profit that rose by 15 percent in its second quarter, and fell short of analysts' expectations.

An Air Algerie flight carrying 116 people from Burkina Faso to Algeria's capital disappeared from radar early Thursday over northern Mali, the plane's owner and a French government official said.

United Airlines will be the first U.S. carrier to resume flights to Israel after a two-day hiatus caused by combat in the Gaza Strip.

Ukrainian Prime Minister Arseniy Yatsenyuk has announced his resignation following turmoil in government.

For the first time in more than 30 years, paleontologists are about to revisit one of North America's most remarkable troves of late Pleistocene fossils: The bones of tens of thousands of animals piled at least 30 feet deep at the bottom of a sinkhole-type cave.

July 24 (Bloomberg) -- Marco Rubio and Paul Ryan, two U.S. lawmakers eyeing presidential bids, are trying to reset the Republican message on income inequality, something other party members in Washington have struggled to do.

Laurie Dishman told senators through tears that she was choked and raped on a Royal Caribbean cruise by one of the line's employees, using her experience to shed light on the dangers that passengers might face on cruises.

The Detroit Institute of Arts is going to start putting up reproductions of paintings at outdoor sites throughout the area.

There is life after mobile phones for Nokia.

July 24 (Bloomberg) -- Lisbon real estate agent Paulo Silva says Portugal’s property market has a Frenchman to thank. Francois Hollande, that is.


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