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Rebels to give Flight 17 black boxes to Malaysia

Posted: 07/21/2014 - Malaysian Prime Minister Najib Razak says the leader of the pro-Russian rebels has agreed to hand over both black boxes from Flight 17 to Malaysian investigators who are in Ukraine.

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Monday Morning Business Headlines

Updated: 07/21/2014 - A new survey finds rising sales helped boost hiring and wages at U.S. businesses in the second quarter, and companies are optimistic into the fall.

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Malaysia says jetliner did not make distress call

Posted: 07/17/2014 - Malaysia's prime minister says a Malaysia Airlines jetliner did not make any distress call before it went down in Ukraine, and that the flight route was declared safe by the International Civil Aviation Organization.

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US homebuilder confidence surges in July

Posted: 07/16/2014 - U.S. homebuilders are feeling more confident in their sales prospects for the second half of the year, reflecting improved demand and stronger sales of new homes in recent months.

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Senate GOP blocks bill on contraception coverage

Updated: 07/16/2014 - Senate Republicans have blocked a bill aimed at restoring free contraception for women who get their health insurance from companies that object on religious grounds.

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Federal Reserve's Yellen giving Congress good news

Posted: 07/15/2014 - Federal Reserve Chair Janet Yellen says the economic recovery is not yet complete and for that reason the Fed intends to keep providing significant support to boost growth and improve labor market conditions.

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Bergdahl returned to regular Army duty

Posted: 07/14/2014 - A senior defense official says Bowe Bergdahl, the Army sergeant who spent nearly five years as a Taliban captive in Afghanistan, has been returned to regular Army duty.

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Mortgage settlement hits Citigroup net income

Posted: 07/14/2014 - Citigroup said Monday that its net income dropped in the second quarter after it took a $3.8 billion charge to settle claims over its risky subprime mortgage business.

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Obama seeks $615 million to fight wildfires

Posted: 07/08/2014 - President Barack Obama is asking Congress for $615 million to help fight wildfires as the summer season is already prompting blazes across western states.

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