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Average credit card debt, late payments fall in 1Q

Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt. The rate of credit card payments at least 90 days overdue fell to 0.69 percent in ...

Kemper overruns claim Miss. Power's president

Ed Day said his main job as president of Mississippi Power Co. was to successfully complete the company's Kemper County power plant. Now, more than $1 billion in cost overruns at the coal-fired plant have claimed his job, and parent Southern Co. has sent in a top executive to try ...

Yahoo CEO Marissa Mayer, and Tumblr Chief Executive David Karp speak during a news conference Monday, May 20, 2013, in New York. Yahoo edged up 31 cents, or 1.2 percent, to $26.83 after the Internet company said it was buying online blogging forum Tumblr for $1.1 billion. (AP Photo/Frank Franklin II)

Under Mayer: Boosting mobile, buying companies

Yahoo Inc. lured Marissa Mayer from Google in July to become its fifth CEO in as many years. Her task: Help the Internet pioneer regain its stature after years in a financial funk. In her 10 months leading the company, she has overseen a redesign of Yahoo services and orchestrated ...

FILE - In this Dec. 31, 2012 file photo, Sen. Orrin Hatch, R-Utah, center, fields questions from reporters as he walks on Capitol Hill in Washington. Foreigners leaving the country through any of the nation's 30 busiest airports would undergo mandatory fingerprinting under an amendment senators added Monday to a sweeping immigration bill. "This is an agreement that we need to build toward a biometric visa exit system," said Sen. Jeff Flake, R-Ariz., who offered the amendment by Hatch, who was absent Monday. "Implementing this biometric exit system is long overdue."  (AP Photo/Jacquelyn Martin, File)

Senators require fingerprinting at 30 airports

Senate supporters of far-reaching immigration legislation accepted minor changes in public while negotiating over more sweeping alterations in private Monday as they drove toward expected Judiciary Committee approval by mid-week. In a long day of drafting, the panel voted to begin phasing in a requirement for foreigners to undergo fingerprinting ...

Firm to appeal nuclear plant whistleblower case

An engineering firm accused of firing a whistleblower for reporting unsafe conditions at an eastern Kansas nuclear power plant plans to appeal the ruling by federal regulators, the firm said Monday. The Labor Department's Occupational Safety and Health Administration found Enercon Services violated whistleblower protections when it retaliated against an ...

Coal operator plans to open 7 mines in Pike County

A longtime coal operator plans to open seven mines in the heart of the eastern Kentucky coalfields in a venture expected to create more than 250 jobs in a hard-pressed region where several thousand mining jobs have disappeared in recent years. Bill Smith said most of the coal extracted by ...

This undated image released by NBC shows newly named President of NBC News, Deborah Turness. She will be based at the NBC News headquarters in New York and begin her new role on August 5. (AP Photo/NBC)

NBC hires news division chief from Britain

NBC went out of the company and out of the country to find a president for its news division, on Monday naming the first woman to hold the top job. Deborah Turness, former editor of ITV News in Britain, replaces Steve Capus, who resigned earlier this year, and will begin ...

Military sex abuse has long-term impact for vets

New government figures underscore the staggering long-term consequences of military sexual assaults: More than 85,000 veterans were treated last year for injuries or illness linked to the abuse, and 4,000 sought disability benefits. The Department of Veterans Affairs' accounting, released in response to inquiries from The Associated Press, shows a ...

Seamless and GrubHub to combine, no terms revealed

Rival online takeout services Seamless North America and GrubHub on Monday announced plans to combine and create a new company covering more than 20,000 restaurants in 500 cities across the U.S. Financial terms were not disclosed and it's unclear what the combined company will be called. GrubHub CEO Matt Maloney ...

Chesapeake names Anadarko executive as new CEO

Chesapeake Energy has named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO. The appointment of the 46-year-old Lawler comes after a tough year during which Chesapeake's board ousted its founder and the company worked to shore up its finances. The new CEO takes over as Chesapeake continues selling ...

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