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Business news in brief

Subscriber onlyRoyal Bank of Scotland fined $24 million LONDON -- A British regulator fined Royal Bank of Scotland about $24 million Wednesday for failing to offer proper advice to mortgage customers and criticized the bank for its delays in responding to the initial complaints. Continue reading...

Consumer mood hits updraft in August

Index: U.S. spirits highest in 7 years

Subscriber onlyConsumer confidence in the U.S. unexpectedly climbed in August to the highest level in almost seven years, reinforcing signs of a strengthening outlook for the economy in the second half of 2014. Continue reading...

S&P index tops 2,000 as stocks keep rolling

Subscriber onlyThe Standard & Poor's 500 index closed a hair above 2,000 points Tuesday, 16 years after it finished above 1,000 for the first time. Continue reading...

Retailer looking to avoid collapse

RadioShack asks rescue package

Subscriber onlyRadioShack Corp. is talking with shareholder Standard General LP about getting a rescue financing package that would help the retailer stave off a bankruptcy filing, two people with knowledge of the matter said. Continue reading...

Aircraft fuel durable-goods gains

July orders rise a record 22.6%, but nontransport sales off

Subscriber onlyWASHINGTON -- Business orders for long-lasting manufactured products rose by the largest amount on record in July. But most of the strength came from demand for commercial aircraft, which tends to fluctuate sharply from month to month. Continue reading...

Best Buy: Sales fall on lack of new tech

Subscriber onlyShares of Best Buy Co., the world's largest electronics chain, dropped the most in seven months Tuesday after it predicted that sales will continue shrinking for the rest of the year, dragged down by a lack of must-have new gadgets. Continue reading...

Burger King to acquire Canada's Tim Hortons in $11.4 billion venture

Subscriber onlyBurger King Worldwide Inc. announced an agreement Tuesday to acquire Tim Hortons for about $11.4 billion in a deal that creates the third-largest fast-food company and moves its headquarters to Canada. Continue reading...

Disease-carrying bug challenges Florida citruses

Subscriber onlyLAKE WALES, Fla. -- Citrus has always been synonymous with Florida. Continue reading...

Overdue credit card payments fall

Subscriber onlyLOS ANGELES -- Americans are doing a better job of making timely credit card payments, even as many lenders increasingly extend credit to more people with less-than-stellar scores. Continue reading...

Business news in brief

Subscriber onlyCasino expansion to open Oct. 10 Continue reading...

News in brief

Subscriber onlyU.S. is asked to help farmers in grain mire Continue reading...

New-home sales fall again in July

South, Arkansas show gains while rest of nation slumps

Subscriber onlyNew-home sales in the U.S. fell unexpectedly in July for the second month, evidence that the housing sector continues to struggle. Continue reading...

Scotland whisky makers in limbo

Self-govern vote raises fiscal fears

Subscriber onlyISLAY, Scotland -- Carl Reavey plunged his nose into the glass, inhaled the amber liquid's scent, then sipped. Slowly. Continue reading...

Burger King aims for whopper of a deal

Subscriber onlyBurger King Worldwide Inc., the second-largest U.S. hamburger chain, is in talks to buy Tim Hortons Inc. and move its headquarters to Canada, becoming the latest American company seeking to relocate to a lower-tax country. Continue reading...

Scrutiny not equal for all foreign tax breaks

Subscriber onlyThere's more than one way for a U.S. company to avoid taxes by claiming a foreign address. Continue reading...