PHILADELPHIA -- U.S. presidential candidate Hillary Clinton said on Thursday the challenges facing Americans demand steady leadership and a collective spirit, contrasting her character with what she described as a...
MINNEAPOLIS -- A four-run seventh inning broke open a tie ballgame and lifted the Minnesota Twins to a 6-2 win over the Baltimore Orioles on Thursday night at Target Field...
SPRINGFIELD TOWNSHIP, N.J.—Jimmy Walker aimed to reclaim some of his 2014 magic entering this weekend's PGA Championship. After opening with a 5-under-par 65 Thursday, the 37-year-old American is well on his way. "There were shades of (2014) for sure," said Walker, who sank six birdies opposite a bogey on No. 6 to stake a one-shot lead after the opening round of the 98th PGA Championship on the Lower Course at Baltusrol Golf Club.
NEW YORK—Wall Street edged higher on Thursday as investors looked beyond disappointing earnings from Ford and bought shares in Apple, while Alphabet surged after the bell following its quarterly report. It was the 10th session of range-bound trading, following a sharp rally in late June and early July that hit record highs and has left the S&P 500 up 6 percent for the year. In extended trade, Alphabet jumped 4 percent after the Google parent-company reported stronger-than-expected revenue. Amazon.com rose 1.7 percent after its quarterly report.
Microsoft Corp. said it would cut about 2,850 more jobs over the next 12 months, taking its total planned job cuts to up to 4,700, or about 4 percent of its workforce. The company said in May it would cut 1,850 jobs in its smartphone business, most of them in Finland. Microsoft bought Finland-based handset maker Nokia in 2014 in an ill-fated attempt to take on market leaders Apple Inc and Samsung Electronics Co Ltd. Chief Executive Satya Nadella, who took the helm just two months before the deal closed, has since focused on restructuring the struggling phone business.
BATON ROUGE, La.—U.S. Vice President Joe Biden and Attorney General Loretta Lynch called for unity to honor three slain Louisiana police officers, speaking at a memorial service on Thursday in Baton Rouge where they were gunned down this month by a U.S. Marine Corps veteran. Several hundred people and dozens of law enforcement officers attended the vigil, where Louisiana Governor John Bel Edwards also implored the community to seek peace and healing after the July 17 attack that also wounded three other officers.
PARIS/SAINT-ETIENNE-DU-ROUVRAY, France—Police had been hunting the second teenager who killed a priest in a church in France this week after a foreign intelligence tipoff that a suspected jihadist might be preparing an attack, police and judicial sources said. The revelation is likely to further fuel criticism by opposition politicians that President Francois Hollande's Socialist government did not do enough to stop the pair given that they were both already known to intelligence services.
WASHINGTON—The number of Americans filing for unemployment benefits rose more than expected last week, but the underlying trend continued to point to sustained labor market strength. Initial claims for state unemployment benefits increased 14,000 to a seasonally adjusted 266,000 for the week ended July 23, the Labor Department said on Thursday. Claims for the prior week were revised to show 1,000 fewer applications received than previously reported.
NEW YORK—Your morning cup of Joe may be about to get even pricier, a Reuters poll of 11 traders and analysts showed on Thursday, July 28. By the end of this year, both arabica and robusta coffee are expected to hit their highest price since early 2015, driven by the global market's first supply deficit in six years, along with firming currencies in top growing nations and strong demand for coffee.
WASHINGTON—Republican presidential candidate Donald Trump on Thursday tried to quell the furor over his call to Russia to find Hillary Clinton's deleted emails by saying he was being sarcastic. The New York businessman on Wednesday invited Russia to dig up tens of thousands of "missing" emails from Clinton's time at the U.S. State Department, prompting Democrats to accuse him of urging foreigners to spy on Americans. "Of course I'm being sarcastic," Trump said in an interview broadcast Thursday on Fox News.