National

Commercial jets push Boeing profits up 52 percent

(AP) — Increased production of passenger jets helped push up Boeing's profit by 52 percent in the second quarter, topping Wall Street's expectations.

Fortune 500 firm Sealed Air moving HQ to Charlotte

(AP) — Fortune 500 packaging company Sealed Air Corp. will consolidate management operations from several states and relocate its New Jersey headquarters to the Charlotte area, where it plans to employ nearly 1,300 jobs in three years.

Delta 2Q profit rises 17 percent

(AP) — Delta Air Lines Inc. said Wednesday that second-quarter earnings rose 17 percent, topping analysts' expectations, as passengers flew more miles at higher average fares and fuel spending declined.

Senate agrees on $11B highway funding measure

(AP) — The Senate agreed Wednesday on an $11 billion measure to temporarily fix a multibillion-dollar shortfall in federal highway and transit programs, setting up a vote next week on several alternatives.

US stocks climb as earnings reports roll in

(AP) — Solid earnings for a range of big companies helped nudge the stock market higher on Tuesday.

Democrats to unveil $2.7B bill on alien children

(AP) — Senate Democrats on Tuesday circulated legislation to significantly cut President Barack Obama's request for emergency funding to deal with an influx of Central American children streaming across the U.S. border with Mexico.

Clippers CEO, Shelly Sterling expected to testify 


(AP) — Richard Parsons, the interim CEO of the Los Angeles Clippers, is due to step into the battle of billionaires in probate court over the proposed sale of the NBA team.

Airlines scrap Israel flights over missile fear 


In a sign of increased caution about flying near combat zones, U.S. and European airlines halted flights to Israel Tuesday after a rocket landed near Tel Aviv's Ben Gurion Airport.

Ackman goes after Herbalife's nutrition clubs 


(AP) — Activist investor Bill Ackman fired his latest salvo at the weight loss and nutritional supplements company Herbalife on Tuesday, alleging that one of the business models used by its distributors is evidence that the company operates as an illegal pyramid scheme.

Target debuts an image-recognition shopping app 


(AP) — Target is introducing an app that lets users purchase items after scanning magazine ads with their smartphones. It's the latest offering from retailers looking to boost sales with the use of improving image-recognition technology.